Power Deficit

Govt amends rules to mandate gencos to give surplus power to exchanges

The government on Friday said that the rules related to surplus power and late payment surcharge have been amended to ensure adequate supply of electricity to consumers and meet the growing demand. The Government of India has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 which will enhance the reliability of power supply for all consumers, a power ministry statement said. Union Minister for Power and New & Renewable Energy R K Singh said that a key amendment which has been made is related to surplus power which is within the declared generation capacity but not requisitioned by distribution companies. The minister said that some power generators were not offering this surplus power in the market, thus resulting in unused power capacity at the national level. To address this issue and optimize the use of available power, power generators that do not offer their surplus power will now not be eligible to claim capacity or fixed charges ...

Power deficit rises slightly to 0.6% in Apr-Nov; demand surges around 11%

Power deficit in the country rose slightly to 0.6 per cent in April-November this fiscal year, while electricity demand has witnessed around 11 per cent jump in the said period, indicating buoyancy in the economy. The latest government data available showed that the power deficit in the country stood at 5,691 million units (MU) in April to November 2022, while it was 4,058 MU in the same period a year ago. Experts are of the view that power deficit happens mainly because of technical reasons. They opined that India is a power surplus state but sometimes discoms dont have funds to afford round-the-clock supply of electricity. The power producers supplied 10,12,249 MU in April-November 2022, against the demand of 10,17,940 MU, which resulted in a power deficit of 0.6 per cent. Similarly power producers had supplied 916,529 MU in April-November 2021, against the demand of 920,587 MU, which had resulted in a power deficit of 0.4 per cent. The data showed that the electricity requireme

Power deficit declines to 0.2% in November from 2% in April this yr

Power deficit, or the gap between electricity required and supplied, has fallen from 2 per cent in April this year to 0.2 per cent in November 2022, as per latest government data. However, the power deficit has increased sequentially from 0.1 per cent (124 million units) in October 2022. It stood at 0.2 per cent (233 million units) in November 2021. The data showed that the deficit was 2,752 million units (MU) in April this year, which came down to 199 MU in November 2022. The power deficit was 609 MU (0.4 per cent) in May, 796 MU (0.6 per cent) in June, 434 MU (0.3 per cent) in July, 465 MU (0.4 per cent) in August and 312 MU (0.2 per cent) in September. During the April-November period of this fiscal, power deficit rose to 0.6 per cent from 0.4 per cent in the same period in 2021. Power deficit in actual terms increased to 5,691 MU in April-November 2022 from 4,058 MU in the year-ago period. Power deficit in the entire fiscal 2021-22 was 5,787 MU (0.4 per cent). Union Power Mi

Power deficit declines to 0.1% in October from 2% in April this year

Power deficit or gap between electricity required and supplied has fallen from two per cent in April this year to 0.1 per cent, Parliament was informed on Thursday. "The gap between energy requirement and energy supplied has been reduced from two per cent to 0.1 per cent between the month of April, 2022 and October, 2022," Power Minister R K Singh stated in a written reply to Lok Sabha. The data showed that the deficit was 2,752 million units (units) in April this year which came down to 124 MU in October, 2022. The power deficit was 609 MU (0.4 per cent) in May, 796 MU (0.6 per cent) in June, 434 MU (0.3 per cent) in July, 465 MU (0.4 per cent) in August and 312 MU (0.2 per cent) in September. In another reply to the House, the minister informed that as on March 31, 2022, the coal stock position was 25.6 Million Tonnes (MT), or 9 days of stock, and it increased to 26.1 MT on September 30, 2022 and further increased to 30.9 MT, or 11 days of stock, as on November 30, 2022. The co

India's power deficit slips from 2% in April to 0.6% in June: R K Singh

In a written reply to the Lok Sabha, Power Minister R K Singh said electricity supplied grew 12.8% in April 2022, as compared to the year-ago month, across India

Global energy crisis hastening end of fossil fuel dominance, says India

Renewables paired with energy storage are now cheaper than coal after the fuel's price surged in recent months, while fossil sources are also experiencing a lack of investment, RK Singh said

Global energy crisis likely to persist, not just due to Ukraine: RK Singh

India's power minister said the current global energy crisis is likely to go on for some time due to the "cartelisation" of the fossil fuel industry, not just because of the Ukraine conflict.

Peak power demand deficit almost wiped out in 2020-21: Union power ministry

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.

Global energy crisis is the first of many in the clean-power era

The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic

India coal crisis brews as power demand surges, record global prices bite

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

The race to zero

Investment in new renewable energy capacity remained resilient in the first half of the year

Power demand shows signs of recovery as total generation rises by 11%

Feb recorded second straight month of demand uptick across the country

Odisha keen to plug West Bengal's summer projected power deficit

West Bengal apprehending a power crunch beginning June this year has floated tenders, seeking to procure 300 Mw power from other states

Northern, southern regions slated to face peak power deficit in FY19

The gross energy generation in the country has been assessed as 1,265 billion units

Power deficit at 0.5% in April, India may have surplus in FY18: Report

In April, energy shortage was as low as 0.1% each in Western, Southern and Eastern region

Power deficit 0.9% in April-June quarter this fiscal: Goyal

The highest overall power deficit was recorded at 18.2 per cent in Jammu & Kashmir, where 3.6 billion units of electricity was supplied in April-June as against the demand of 4.4 billion units

Power deficit may double to 5.6% by fiscal 2021-22: Study

India may require 7% annual growth in electricity supply to sustain annual GDP growth of around 8-9%