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R K Singh

R K Singh launches portal to ensure availability of power amid peak season

Union Power Minister R K Singh has launched a portal to ensure greater availability of power during the peak demand season at a price higher than the ceiling of Rs 12 per unit by certain category of sellers. The central government has launched a High Price Day Ahead Market (HP-DAM) and Surplus Power Portal (PUShP), a power ministry statement said. Earlier in February, power regulator CERC had approved the HP-DAM segment where power can be sold at a price as high as Rs 50 per unit. HP-DAM will aid stranded gas and imported coal-based power plants to generate and sell expensive power to meet the high peak demand in summers which is expected to touch 239 GW this season. Besides, the new segment will also ensure availability of electricity through an expensive battery energy storage system. The Union Minister said that only those generating capacities which have a cost of producing power of more than Rs 12 per unit would be allowed to operate in HP-DAM. If the cost of production is l

R K Singh launches portal to ensure availability of power amid peak season
Updated On : 10 Mar 2023 | 1:10 PM IST

Take proactive actions, ensure no load shedding during summer: R K Singh

The government has asked power companies to ensure that there is no load shedding during the summer season and urged all stakeholders to take proactive actions to meet the rising electricity demand. Union Power Minister R K Singh chaired a review meeting on March 7, with senior officials from Power, Coal and Railways ministries on various aspects in a bid to meet high electricity demand in the ensuing summer months. During the meeting, Singh asked power companies to ensure that there is no load-shedding during the summer months, a power ministry statement said. He asked all stakeholders to closely monitor the situation and take proactive actions to meet the electricity demand during the coming months. He also asked the Central Electricity Authority to ensure that a fair and transparent mechanism is devised for allocation of coal to various States/UTs. As per estimates of the Central Electricity Authority, the peak electricity demand is expected to be 229 GW during April this year.

Take proactive actions, ensure no load shedding during summer: R K Singh
Updated On : 09 Mar 2023 | 12:49 PM IST

R K Singh calls on G20 partners to come together against global warming

Union Minister for Power and New and Renewable Energy RK Singh on Sunday called upon the G20 member countries to come together in countering the challenges posed by global warming and climate change

R K Singh calls on G20 partners to come together against global warming
Updated On : 05 Feb 2023 | 7:06 PM IST

Challenge to energy security, access should be deliberated upon: R K Singh

Union Power Minister R K Singh on Sunday said discourse on energy transition needs to be expanded, and stressed upon deliberation on challenges such as energy security and access. He was speaking to reporters on the sidelines of the first energy transitions working group (ETWG-1) meeting, under G20 India Presidency here. Stating that the meeting is in preparation of a G20 declaration which is energy, Singh said, "It is the most critical aspect today, as you cannot develop without energy. Development means energy." At the same time, there is a climate crisis and the world needs to ensure that emissions are brought down in order to restrict global warming to below two degrees centigrade, which is achievable, he said in the conference that the different challenges for energy transition like technology, finance, supply chain would be looked at, as they are critical. Stressing the need to expand the discourse, the Minister said one cannot talk about energy transition alone, and there i

Challenge to energy security, access should be deliberated upon: R K Singh
Updated On : 05 Feb 2023 | 5:04 PM IST

No impact of Adani rout, India has 15 to 16 firms in renewables: R K Singh

Power and New & Renewable Energy Minister R K Singh on Thursday dismissed apprehensions about any impact of Adani group firms' stock route on clean energy development, saying India has many such large companies in the sector. Singh's statement comes at a time when opposition party members have joined hands in both the houses of the Parliament demanding suspension of regular proceedings to discuss the allegations of fraud against the Adani Group. The proceedings of Lok Sabha as well as Rajya Sabha were completely washed out on Thursday due to the issue. Asked about the impact of the issue on clean energy sector, Singh told reporter in a press conference, "I have the most robust renewable energy capacity in the world and that means that I have at least 15-16 large companies which are at the level of global companies. It will not impact us in any way. We have many large companies and those are some of the biggest renewable energy companies in the world." The opposition parties have ..

No impact of Adani rout, India has 15 to 16 firms in renewables: R K Singh
Updated On : 02 Feb 2023 | 7:30 PM IST

Small farmers must get fertilisers, market at lower cost: R K Singh

Asked why India is continuing to import cheap Russian gas despite international opprobrium, Singh said India imports less gas from Russia in a month than Europe does in a day

Small farmers must get fertilisers, market at lower cost: R K Singh
Updated On : 19 Jan 2023 | 12:02 AM IST

Transition to more inclusive, sustainable energy system needed: RK Singh

Union Minister R K Singh on Tuesday said a transition to a more inclusive, sustainable, affordable and secure global energy system is imperative

Transition to more inclusive, sustainable energy system needed: RK Singh
Updated On : 17 Jan 2023 | 10:21 PM IST

No link between Hydropower projects and Joshimath subsidence: R K Singh

Power Minister R.K. Singh on Tuesday said that NTPC's Tapovan Vishnugad hydropower project has nothing to do with the land subsidence issue being faced in Uttarakhand's Joshimath town

No link between Hydropower projects and Joshimath subsidence: R K Singh
Updated On : 17 Jan 2023 | 3:47 PM IST

Demand for power remains hot as chill sets in, touches record summer highs

India's national average peak power demand crossed has crossed 200 Gw

Demand for power remains hot as chill sets in, touches record summer highs
Updated On : 06 Jan 2023 | 11:33 AM IST

Parliament passes bill to mandate use of renewable energy, carbon trading

The Bill is expected to be a step for India toward fulfilling its goals of cutting emissions and the use of renewable energy

Parliament passes bill to mandate use of renewable energy, carbon trading
Updated On : 14 Dec 2022 | 5:52 PM IST

Bill to promote non-fossil energy sources, carbon credit trading passed

A bill seeking to mandate the use of non-fossil energy sources such as biomass, ethanol and green hydrogen was passed by Parliament on Monday. The Energy Conservation (Amendment) Bill, 2022 was cleared in Rajya Sabha by a voice vote on Monday. Lok Sabha passed the legislation in the previous session in August this year. The bill provides for penalties for violations by industrial units or vessels, and on manufacturers if a vehicle fails to comply with fuel consumption norms. The amendments also seek to promote renewable energy and the development of a domestic carbon market to battle climate change. The bill is also aimed at helping the country achieve its international commitments on climate change. It aims to introduce new concepts such as carbon trading and mandate the use of non-fossil sources to ensure faster decarbonisation of the Indian economy and help achieve sustainable development goals in line with the Paris Agreement. Replying to a debate on the bill, Minister of New

Bill to promote non-fossil energy sources, carbon credit trading passed
Updated On : 12 Dec 2022 | 10:41 PM IST

India achieves 166GW of renewable energy capacity till October: R K Singh

India has achieved 165.94GW of renewable energy capacity till October as against the target of 175GW by 2022, Parliament was informed on Thursday. "Against the target of achieving 175 GW of Renewable Energy installed capacity by 2022, a total of 165.94 GW of renewable energy capacity (including large hydro) has been installed in the country as on October 31, 2022," Power and New & Renewable Energy Minister R K Singh stated in a written reply to Lok Sabha on Thursday. A capacity of 76.13 GW (of renewables) is under various stages of implementation and a capacity of 36.44 GW is under various stages of bidding, Singh informed the House. In line with the Prime Minister's announcement at COP26, the Ministry of New and Renewable Energy is working towards achieving 500 GW of installed electricity capacity from non-fossil sources by 2030. Singh further elaborated that so far, a total of 172.72 GW capacity from non-fossil fuel-based energy resources has been installed in the country as on .

India achieves 166GW of renewable energy capacity till October: R K Singh
Updated On : 08 Dec 2022 | 6:45 PM IST

Solar manufacturing PLI to create 90 Gw addl capacity in India: R K Singh

India to have more than 60% power generation from RE by 2030, says minister

Solar manufacturing PLI to create 90 Gw addl capacity in India: R K Singh
Updated On : 17 Oct 2022 | 9:25 PM IST

'India to have over 65% power gen capacity from non-fossil fuels by 2030'

India will have more than 65 per cent of its power generation capacity from non-fossil fuels by 2030, Power and New & Renewable Energy Minister RK Singh said on Monday. Addressing a CII conference on green energy, he explained that India is aiming for 65 per cent of power generation capacity from non-fossil fuels but the country will have more than that. India will have 90 GW of solar equipment manufacturing capacity by 2030, up from 20 GW at present, he added. He also informed that about 15-20 GW of solar equipment manufacturing capacity is under construction and India will have 40 GW of such facilities under Production-Linked Incentive Scheme-II (PLI-II). "We shall have 90GW plus solar manufacturing capacity by 2030 right from the polysilicon to modules. We already have 20GW (solar manufacturing capacity). we already know that 15-20 GW of solar manufacturing capacity is under construction. You will further have 40 GW of solar manufacturing capacity (addition), which is going to .

'India to have over 65% power gen capacity from non-fossil fuels by 2030'
Updated On : 17 Oct 2022 | 7:08 PM IST

Rs 19,500 cr PLI-II for solar equipment to save Rs 1.4-trn forex: R K Singh

Union Power Minister R K Singh on Wednesday exuded confidence that the second version of production linked incentive (PLI-II) scheme for solar manufacturing worth Rs 19,500 crore, will help save close to Rs 1.4 lakh crore forex every year. The Union Cabinet, chaired by Prime Minister, Narendra Modi, approved the implementation of the Production Linked Incentive Scheme (Tranche II) on National programme on High-Efficiency Solar PV Modules', with an outlay of Rs 19,500 crore for achieving a manufacturing capacity of 65 Giga Watt (GW) scale in High-Efficiency Solar PV Modules. The government has expanded the scope under PLI-II as the domestic manufacturing capacity will also boost exports. The PLI-I for solar modules was worth Rs 4,500 crore, which was brought with intent to meet domestic requirement mainly as India has been importing solar equipment. "This (PLI-II for solar module) will lead to a saving of Rs 1.40 lakh crore saving because of domestic manufacturing. And it will also .

Rs 19,500 cr PLI-II for solar equipment to save Rs 1.4-trn forex: R K Singh
Updated On : 21 Sep 2022 | 7:39 PM IST

R K Singh urges EU to keep its green hydrogen market open for competition

Union Power Minister R K Singh on Thursday urged the European Union (EU) to keep its green hydrogen market open for competition to get supplies at the lowest rate and avoid any accusation of protectionism. Speaking at the First EU-India Green Hydrogen Forum, Singh stated that India would produce large quantities of green hydrogen at the lowest price and would need electrolysers for producing 50GW hydrogen initially. Singh showcased a huge opportunity for the EU to get supplies of green hydrogen from India which could also help it to diversify its energy sourcing. "As far as our cooperation with the EU, I think it has a future. Of course it depends on policies and standards. We would be producing green hydrogen at lowest prices. China's price is opaque. I don't know how they price it," Singh said. India has a transparent bids system, dispute resolution mechanism which promotes every fund to be invested here, he stated. He was of the view that India is the best place to produce and

R K Singh urges EU to keep its green hydrogen market open for competition
Updated On : 08 Sep 2022 | 6:14 PM IST

Coal India, the producer with no experience in importing supplies

The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies

Coal India, the producer with no experience in importing supplies
Updated On : 01 Jul 2022 | 9:38 PM IST

Govt discusses future export of hydrogen with Japan, Germany

Singh, who is also the minister for new and renewable energy, informed that India is aiming to produce 20 million tonne (MT) of green hydrogen by 2030

Govt discusses future export of hydrogen with Japan, Germany
Updated On : 16 Jun 2022 | 4:34 AM IST

Duty on solar modules, cells to continue; don't want imports: R K Singh

There are "no plans" to review the basic customs duty (BCD) levied on solar modules and cells, Union Power Minister R K Singh has said.

Duty on solar modules, cells to continue; don't want imports: R K Singh
Updated On : 10 Jun 2022 | 1:42 PM IST

Centre tells states to step up coal imports for three years: Report

The decision to boost imports underscores the severity of India's fuel crisis as coal inventories are at the lowest pre-summer levels in at least nine years

Centre tells states to step up coal imports for three years: Report
Updated On : 28 Apr 2022 | 7:14 AM IST