Power Ministry

About Rs 15 lakh crore fund is required to add electricity generation capacity during 2022-27, which includes expenditure for projects to be commissioned in 2027-32, a power ministry statement said. The projected electrical energy requirement and peak electricity demand on all-India basis is estimated as 1908 BU (billion units) and 277 GW, respectively for 2026-27. The projections were made during a Meeting of the Parliamentary Consultative Committee of Members of Parliament for Ministry of Power here last evening. Union Power Minister Manohar Lal chaired the meeting. As per 20th Electric Power Survey (EPS) report published by the Central Electricity Authority (CEA), the peak demand and energy requirement is pegged at around 366 GW and 2474 BU by 2031-32, it stated. Energy Storage capacity is an important aspect in achieving the targets of NEP. Energy storage capacity of 16.13 GW/82.37 GWh with PSP(pumped storage) based storage of 7.45 GW capacity and 47.65 GWh storage and BESS ba

India's power consumption rose 5.14 per cent to 125.44 billion units (BU) in November as compared to the year-ago month. In November 2023, power consumption was 119.30 GW, as per the government data. The highest supply in a day (peak power demand met) also rose marginally to 207.42 GW in November 2024 from 204.56 GW in the year-ago period. The peak power demand touched an all-time high of about 250 GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during the day and 225 GW during evening hours for May while 240 GW during daytime and 235 GW in the evening hours for June. The ministry had also estimated that peak power demand may hit 260 GW this summer. Noting that November 2024 was the warmest in last four to five years as per official data, the experts opined that power demand as well as consumption showed subdued growth mainly due to slow on

The state government has decided to focus more on solar power to improve its electricity situation

He said Gujarat and Haryana are considering listing their power utilities

While summer marks peak power demand across the country, with aggregate demand going beyond 250 GW on some days this year, winter highs also need to be watched

A total of 3,37,900 MW power generation capacity is likely to be added in the country by 2032, Parliament was informed on Monday. About 2,14,237 megawatt (MW) of electricity generation capacity was added in the last ten years, Union Minister of State for Power Shripad Naik said in a reply to the Rajya Sabha. The total generation capacity increased by 79.5 per cent from 2,48,554 MW in March 2014 to 4,46,190 MW in June 2024, he said, adding that "the total anticipated capacity addition by 2032 will be 3,37,900 MW". Of the total anticipated capacity addition, 80,000 MW will be thermal, 25,010 MW hydropower, 14,300 MW nuclear and 50,760 MW of pump storage plants (PSP) capacity, the minister said. Further, 510 MW of small hydro capacity is expected to be added by 2032, besides 1,43,980 MW of solar power and 23,340 MW of wind power.

KSK Mahanadi is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT). Coal India, NTPC, Vedanta, JSW Energy were among the other bidders

Tamil Nadu's main opposition, the AIADMK and the BJP on Tuesday slammed the state government over the latest power tariff hike announced on July 15, saying the people cannot be burdened due to the "administrative inefficiency" of the ruling DMK. AIADMK general secretary and Leader of the Opposition, Edappadi K Palaniswami, alleged that the tariff revision was a result of the DMK's "arrogance" following its clean sweep of the April 2024 Lok Sabha polls, where the party-led alliance had won all 39 seats in Tamil Nadu. Whenever DMK came to power in the state, power cuts and tariff increase were common, he alleged in a statement. "Due to the arrogance of winning all 39 seats and after the Vikravandi bypoll (which the DMK won), Chief Minister M K Stalin has gifted a five per cent power tariff revision to the people of Tamil Nadu," he said. The former chief minister pointed out that this was the third such revision effected after the DMK assumed power in 2021, and also referred to the ..

India faces unprecedented surge in power demand with its peak expected to reach 260 GW by September or October this year

State-owned REC Ltd on Monday said it sanctioned Rs 1,12,747 crore worth of loans during April-June FY25, posting a year-on-year growth of 24.17 per cent. It had sanctioned Rs 90,797 crore as loan during the year-ago period, the company said in an exchange filing. Loan disbursements rose 27.89 per cent to Rs 43,652 crore in the period under review. During June quarter FY25, Rs 39,655 crore was sanctioned for renewable energy projects, up 58.72 per cent from the year-ago period. Loan disbursements more than doubled to Rs 5,351 crore from Rs 1,534 crore. REC, under Ministry of Power, is a non-banking financial company (NBFC) focusing on power sector financing in India.

While the domestic production of coal during these summer months has grown 8-10 per cent over last year, easing of transportation bottlenecks has been the real catalyst of change

"Despite challenging conditions, the highest-ever peak demand of 89 Gw in the Northern Region was successfully met on June 17, 2024," the ministry said

The power ministry on Tuesday said it has asked all utilities "to maintain a high state of alert and minimise forced outages of equipment" amid heatwave pushing electricity demand, especially in the northern region where Monsoon is yet to arrive. The country's northern region has been experiencing high electricity demand due to a prevailing heatwave since May 17, 2024, the ministry said in a statement. Despite these challenging conditions, the ministry said, the highest ever peak demand of 89 GW in the northern region was successfully met on June 17, 2024. It was made possible by importing 25-30 per cent of the region's power requirement from neighbouring regions, it said. "All utilities have been advised to maintain a high state of alert and minimise forced outages of equipment," the statement said. According to the India Meteorological Department (IMD) forecast, heatwave conditions in North-West India are expected to abate from June 20. In response to the increased electricity

Khattar, considered close to PM since their time together in the Rashtriya Swayamsevak Sangh, will be taking over two ministries that will shape the socio-economic growth of the country

More than 75 per cent of India's power generation was from coal in 2023, while gas-fired plants have accounted for only about 2 per cent in recent years, largely because of the high cost of gas

Peak power demand bounced back to nearly 241 GW on Tuesday after sliding for two straight days from the 245 GW level recorded on the first day of this month. The government data showed that the peak power demand touched an all-time high of 250 GW on May 31, 2024, breaking the previous record of 243.27 GW in September 2023. According to the data, the peak power demand met or the highest supply in a day was recorded at 245.14 GW on June 1, 225.90 GW on June 2, 236.37 GW on June 3 and 240.89 GW on June 4. Earlier in May, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. The ministry has also projected that peak power demand may hit the 260 GW mark during this summer season. The experts are of the view that peak power demand, as well as consumption, would be steady during June as there would be continuous requirements for cooling appliances like cool

Sweltering heatwave in north India that have caused scores of deaths, floods and landslides in the northeast that have affected lakhs of people, a spring season that suggests it could soon "disappear" from the calendar extreme weather events in the first five months of 2024 have got everyone questioning: where is all this headed? Despite having made predictions to this effect, climate scientists acknowledge that the temperatures this summer, including the outlier 52.9 degrees Celsius in Delhi, are "alarming, though not surprising". "This could be the worst summer in the last 120 years, at least for north India. Never have temperatures gone so high more than 45-47 degrees Celsius for such a vast region, which is also densely populated. This is a record in itself," Vimal Mishra, Vikram Sarabhai Chair Professor, Civil Engineering and Earth Sciences, IIT Gandhinagar, told PTI. The temperatures, "similar to those in Africa's Sahara desert," are "far beyond expectations" by at least ..

India's peak power demand hit the season's new high of 239.96 GW on Friday, due to soaring mercury levels in various parts of the country, which compelled excessive use of cooling appliances like air conditioners and coolers. As per power ministry data, the peak power demand met or the highest supply in the day, was recorded at 239.96 GW on Friday, which is the maximum so far in the summer season this year. On Thursday, it was 236.59 GW, while on Wednesday, the peak power demand was at 235.06 GW, as per power ministry data. The all-time high peak power demand of 243.27 GW was recorded in September 2023. The record is expected to be broken during this summer season. Earlier this month, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. Industry experts are of the view that power demand is already around 240 GW level in May, which was projected for

India's peak power demand hit the season's high of 235.06 GW on Wednesday mainly due to excessive use of cooling appliances like air conditioners and coolers amid severe heat waves in most parts of the country. According to the power ministry data, the peak power demand met or the highest supply in the day is recorded at 235.06 GW on Wednesday, which is the maximum so far in the summer season this year. The all-time high peak power demand of 243.27 GW was recorded in September 2023. The record is expected to be broken during this summer season. Earlier this month, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. Besides the power ministry has also projected that peak power demand can hit the 260GW mark during this summer season. The data shows peak power demand was 224.18GW in April 2024, when the country witnessed the onset of the summer season

The Ministry of Power has asked all thermal plants using imported coal to operate at full capacity for another three and a half months till October 15 to avoid electricity shortage amid rising demand in the country. The ministry has projected peak power demand of 260 GW during the summer season (April to June) in view of longer heat wave duration. Peak power demand had touched all-time higher of 243 GW in September 2023. The India Meteorological Department (IMD) has predicted above-normal maximum temperatures in most parts of the country during summer this year. A power ministry notice to 15 imported coal-based thermal power projects on April 12 stated, "It has now been decided to extend the time period for Section 11 directive to generating companies having imported coal-based plants, up to October 15, 2024." In October 2023, the ministry extended the deadline for these imported coal-based plants to operate at full capacity from November 1, 2023 to June 30, 2024. In February 2023