Power Generation

Coal India needs to raise prices, but caught between political constraints

The state-owned miner needs to raise prices but it is caught between the political constraints on its major buyer, electricity producers and close decision-making control by the coal and power

Adani Power commences supply to Bangladesh from Godda plant in Jharkhand

Supply was to start in March. However, Bangladesh Power Development Board had sought relief from rising imported coal prices. Unit will source coal from Adani-owned Carmichael mine in Australia

Power generation grows at fastest pace in 33 years, fuelled by coal

Output from plants running on fossil fuels rose 11.2 per cent, the quickest growth in over three decades, thanks to a 12.4 per cent surge in electricity production from coal

DVC registers 'highest' power generation at 43.32 bn units in FY23

Damodar Valley Corporation achieved the highest power generation in its 75 years of existence, with a 6.5-per cent on-year rise in 2022-23 to 43.32 billion units, which mostly came from thermal sources, company officials said. It also registered a robust 29 per cent growth in power sales to Rs 24,432 crore in 2022-23 over the preceding fiscal, aided by tariff revision and a central scheme, they said. The plant load factor, too, stood at a record 74.23 per cent as against 68.96 per cent in the 2021-22 fiscal. "In FY'23, billing was Rs 24,432 crore, which is higher by around Rs 5,461 crore over the previous year. Apart from higher generation, regulatory approvals of tariff revision and the Union government's Late Payment Surcharge (LPS) scheme also boosted revenue collection," DVC Chairman Ram Naresh Singh told PTI. DVC Member Finance Arup Sarkar said billing had risen by about 29 per cent and realisation was higher by 23 per cent in FY'23 to Rs 23,413 crore. The figures are subject

Coal India's production touches all-time high of 700 million tonnes

Volume surpasses CIL's own output target, is up 12% over last year's figure

SL, India to sign a deal to shift to renewable energy to generate power

Sri Lanka will sign a memorandum of understanding with India to promote renewable energy as the Island nation aims to generate 70 per cent of electricity requirements from renewable sources by 2030

SWELECT Energy launches solar module manufacturing unit in Tamil Nadu

SWELECT Energy Systems Ltd, formerly Numeric Power Systems, engaged in production of solar photo-voltaic module has launched its solar module manufacturing unit in Tamil Nadu, the company said on Friday. With the launch of the new facility at Sarkarsamakulam, located on the outskirts of the city, SWELECT supersedes its 140 MW facility established in 2013 in Bengaluru. The production at the manufacturing unit would be scaled upto 595 MW from the initial 385 MW, managing director R Chellappan said here. The company, which holds five per cent market share, has installed about 3,800 solar roof tops, 6,000 water pumps, he told reporters. According to company website, it has a fully automated photovoltaic manufacturing unit at Dabaspet in Bengaluru. The company operates a 140 MW class one lakh dust-free clean room, world-class photo-voltaic solar technologies manufacturing plant with research and development facility. SWELECT also boasts of a 'Balance of Systems' manufacturing unit in S

India set to blacklist renewable power generation companies for delays

-India will blacklist renewable power companies for three-to-five years if they do not meet project completion deadlines, a government order seen by Reuters shows

Annual nuclear power generation stood at 35,333 mn units in 2021-22: Govt

In past India's nuclear installations were mostly confined to the South Indian States or in the west in Maharashtra and Gujarat, the Modi govt is also promoting its expansion to other parts of India

Delhi to raise power generation capacity by 6,000 MW via renewable: Sisodia

The Delhi government will increase power generation capacity in the city by 6,000 MW in the next three years using renewable energy sources through various initiatives, Deputy Chief Minister Manish Sisodia said on Thursday. The city government is working on a war footing to meet Delhi's electricity demand using renewable energy, he added. "Our target is to reduce dependence on fossil fuels and meet power demand using renewable energy to make Delhi self-reliant in its energy needs, ensuring uninterrupted 24x7 electricity supply for citizens and meeting the growing power demand," Sisodia said in a statement. The deputy chief minister emphasised on faster adoption of rooftop solar panels by Delhi government offices, schools and other buildings, as per the city's new solar policy. Chairing a crucial meeting of the energy department to review the city's preparedness to meet future energy needs, Sisodia instructed officials to explore potential areas for setting up new solar energy plant

India's electricity consumption grows nearly 13% to 126.16 bn units in Jan

India's power consumption logged a double-digit year-on-year growth of nearly 13 per cent to 126.16 billion units in January 2023, according to government data. The robust growth of power consumption indicates sustained momentum of economic activities in January. Experts earlier said the power consumption and demand would increase in January due to the use of heating appliances, especially in the northern parts of the country, and a further improvement in economic activities. In January 2022, power consumption stood at 111.80 billion units (BU), higher than the 109.76 BU in the same month of 2021, the data showed. Electricity consumption in January 2020 stood at 105.15 BU. The peak power demand met, which is the highest supply in a day, rose to 210.61 gigawatt (GW) in January 2023. The peak power supply stood at 192.18 GW in January 2022 and 189.39 GW in January 2021. The peak power demand met was 170.97 GW in the pre-pandemic January 2020.

With plans to commission 20 plants, India looks to tap nuclear power faster

India has historically taken more than a decade to get plants in action, shows a Busi­ness Standard analysis

Coal India arm MCL to set up Rs 12,000-crore power plant in Odisha

Coal India arm MCL is in the process of diversifying into power generation and will set up a coal-based plant entailing an investment of around Rs 12,000 crore in Odisha, its chairman-cum-managing director O P Singh said. Mahanadi Coalfields Ltd (MCL) also has plans to diversify into aluminium business. "We are into process of diversifying into power generation... The power purchase agreement is in the process of getting finalised with a few states," Singh told reporters here. The subsidiary has applied to the government for coal linkage for the proposed 1,600-mw coal-fired power plant and the allotment is yet to be done, Singh said. The government is also advising the company to go for diversification "so they are definitely with us", Singh explained. Singh further said that MCL has plans to foray into aluminum business and the company is in the process of getting bauxite block allotted to it. The tentative size of the mine would be three million tonnes per annum. Bauxite is

Financial sector exposed to risks of low-carbon transition, shows study

Coal currently accounts for 44 per cent of India's primary energy and 70 per cent of its power generation

Looming crisis: As power demand hits a peak, gencos told to import coal

Domestic coal supply to be regulated for those not adhering to the directive

Coal-based power generation rises 15% to 98,443 million units in Dec

Country's coal-fired power generation increased by 15.03 per cent to 98,443 million units (MU) in December, as per official data. Coal-based power generation -- which accounts for 76.59 per cent of the total power generation in the country -- stood at 85,579 MU in the corresponding month of the previous fiscal. According to the monthly statistics (provisional) of December, 2022 of the coal ministry, both coal-based power generation and overall power generation has registered a year-on-year increase in December 2022. "Coal-based power generation has registered a growth of 15.03 per cent in December'22 as compared to December'21 and overall power generation in December'22 has been 13.65 per cent higher than the power generated in December'21," it said. Similarly, total power generation advanced in December, last year to 1,28,536 MU from 1,18,029 MU in November, 2022 and registered a growth of 8.90 per cent. However, lignite-based power generation in the month of December dropped ...

SKS Power Generation receives 7 bids, Reliance, Adani, NTPC among bidders

It can set the stage for another clash between the Adani and Reliance groups

NTPC power generation rises nearly 12% to 295 bn units in Apr-Dec 2022

State-owned energy giant NTPC's power generation grew 11.6 per cent year-on-year to 295.4 billion units (BU) in April-December this fiscal. This assumes significance as NTPC supplies one-fourth of the electricity in the country. NTPC recorded a generation of 295.4 BU during April-December 2022, registering a growth of 11.6 per cent compared to the same period the previous year, a company statement said. On a standalone basis, NTPC generated 254.6 BU during April-December 2022, a 16.1 per cent year-on-year rise. Its coal-based thermal power plants registered a PLF (plant load factor or capacity utilisation) of 73.7 per cent for 9 months in FY23 (April-December 2022) compared to 68.5 per cent in the year-ago period. NTPC's captive coal production remained at 14.6 MMT in the said period, with 51 per cent year-on-year growth. NTPC group's installed capacity is 7,0824 MW. Recently, the company has crossed 3 GW of renewable capacity.

Multi-pronged policy support gives green signal to renewable energy: CRISIL

Currently, non-fossil or clean sources make up around 25 per cent of energy and 40 per cent of the installed power base in the country

Germany returns to coal as energy crisis overpowers climate targets

Europe's largest economy is burning the fossil fuel for electricity at the fastest pace in at least six years