Shares of power distribution companies are in demand amid reports of rising electricity consumption in the country
India's electricity shortage of 574 million units from March 1 to March 30 is the worst since October 2021, a Reuters analysis of government data showed.
State-run power giant NTPC on Saturday said it surpassed the maximum annual electricity generation of 314 billion units achieved in 2020-21 on February 18.
The number of plants having supply agreements with Coal India with inventories of three days or less fell to 31, as of Nov. 29, latest data from the federal power ministry shows
Providing statistics, the ministry said the deficit stood at 0.4 per cent in 2020-21 compared to 16.6 per cent in 2007-08 and 10.6 per cent in 2011-12.
On October 20, Delhi sold 635 Mw on the day-ahead market
India's electricity demand grew 4.9% during the first half of October, with supply falling short of demand by 1.4% despite a 3.2% rise in coal-fired generation and 30% rise in solar output
The order came directly from Vice Premier Han Zheng, who supervises the nation's energy sector and industrial production, and was delivered during an emergency meeting earlier this week
Over half of India's 135 coal-fired power plants have fuel stocks of less than three days, government data shows, far short of federal guidelines recommending supplies of at least two weeks
Discoms should improve recovery, says power secretary
NTPC said the company was augmenting its imported coal capacity of 2.7 million tonne, which was drawn from its earlier contracts
State-run power giant NTPC on Monday said that it has geared up to meet rising power demand and recorded electricity generation growth of 23 per cent over the previous year. The country is witnessing a sharp increase in power demand and NTPC is making all efforts for meeting demand as per the grid requirement, it statement said. NTPC has geared up to meet the increasing demand and the generation from NTPC group stations has registered a 23 per cent growth compared to the previous year, it stated. Under flexible utilisation of coal policy, NTPC is arranging coal at the stations where the stock position is critical. Further, it said that it is continuously coordinating with Coal India and Railways for augmenting coal supply at critical stations and diverting rakes wherever required. It is also augmenting 2.7 Lakh MT import coal left out from the contracts placed earlier. Darlipalli Unit 2 (800 MW) was put in operation, and commercial operation of the unit is being done with effect
It has also estimated power generation capacity addition at 17- 18 GW for the ongoing fiscal year.
With rains eluding Delhi and the maximum temperature hovering near 40 degrees Celsius, the national capital's peak power demand soared to 6,921 MW on Wednesday, the highest so far this summer season
Power consumption in the country grew at 12.6 per cent in the first week of June to 25.36 billion units (BU), indicating a slow recovery in commercial and industrial electricity demand
Indian Energy Exchange (IEX) traded 6,540 million units of electricity volume in May, achieving 9 per cent year-on-year growth amid continuation of Covid-19 lockdowns
"We do not think the report by IEA has been vetted by the member countries as a position document", said a senior source in the government
Power consumption in the country grew 24.35 per cent in March at 123.05 billion units (BU) over the corresponding month a year ago, showing a revival in the economic activities
The Gujarat Government waived a total of Rs 1,715 crore in electricity duty of over 16,000 industrial units in the last two years, the Legislative Assembly was informed on Tuesday
"Ultimately, it is state discoms that do not have the desired level of performance. Private discoms have a good level of service and transparency as is evident in Delhi," he says