NTPC achieves 422 BU annual generation in FY 2023-24 NTPC Ltd, India’s largest power generating company, recorded its highest ever yearly generation of 422 Billion Units (BU) in FY 2023-24, at a growth of nearly 6% over FY 2022-23. During the financial year 2023-24, NTPC Coal stations recorded a plant load factor (PLF) of 77%. […]
NTPC records 55% growth in Coal Despatch – EQ
In Short – NTPC’s coal despatch demonstrates a remarkable 55% growth, underscoring the company’s substantial operational advancement. In Details – NTPC Ltd., India’s leading integrated power utility, has reported a substantial growth of 55% in coal despatch from its captive mines during FY24, as compared to the previous year. The company achieved an impressive coal […]
Rlys completes stretch to halve coal logistics time as power demand rises – EQ Mag
The shifting of coal traffic to the freight corridor will also bring a sigh of relief for passengers, as trains get stuck for hours around the DDU stretch due to congestion The Ministry of Railways has completed a crucial section of the eastern dedicated freight corridor (DFC) from Uttar Pradesh’s Ahraura to Mughalsarai, which is […]
Coal diversification key to energy security – EQ Mag
New Delhi: Union coal secretary Amrit Lal Meena on Friday emphasized the need for diversified use of coal to ensure energy security and support the government’s decarbonization mission. During his keynote address at the “Blue Hydrogen-Energy Security and Hydrogen Economy” event organized by the coal ministry, the secretary highlighted the importance of discussing available technologies […]
India will not face any shortage of coal this year: Coal Minister Pralhad Joshi – EQ Mag
No matter what is the demand this year, the government is prepared to meet the same, the minister said at a conference on underground coal mining. India will not face any shortage of coal this year even during the monsoon, Coal and Mines Minister Pralhad Joshi said on Tuesday. No matter what is the demand […]
EV Demand Boosts Lithium Exports, Australia’s Lithium Exports Set to Rival Coal by 2028 – EQ Mag
As the world gradually transitions from fossil fuels to clean energy, the demand for lithium, a critical component in lithium-ion batteries, has skyrocketed. Australia estimates that within five years, the revenue generated from lithium mining will equal that of thermal coal. New projections by the Australian government indicate that by 2027–2028, the nation’s lithium production […]
Coal on its way out: Installed capacity falls to 52% in FY23 – EQ Mag
The space vacated by coal-fuelled power generation will be replaced by solar and wind as India moves towards Net zero. Coal is decisively on its way out in India. As per an analysis by the Council on Energy, Environment and Water, coal-fired power’s share in the total installed generation capacity in the country has fallen […]
Every GENCO-Central/State/IPP procures coal as per their requirements, through a transparent competitive bidding process: Union Power & NRE Minister Shri R. K. Singh – EQ Mag
The Thermal Power Plants (TPPs) have been importing coal for blending from 2009 onwards. The imports varied between a peak of 48.8 MT in 2015-16 to 23.8 MT in 2019-20. In 2020, Ministry of Power (MoP) advised the States to reduce imports for blending. As a result, the import declined to 8.1 MT in the […]
Cost of India quitting coal is $900 billion, think tank says – EQ Mag
BENGALURU, India : If India stopped burning coal tomorrow, over five million people would lose their jobs. But for a price tag of around $900 billion over the next 30 years, the country can make sure nobody is left behind in the huge move to clean energy to curb human-caused climate change, according to figures […]
India faces high risks of power cuts after years of coal, hydro power neglect – EQ Mag
A rapid addition of solar farms has helped India avert daytime supply gaps, but a shortage of coal-fired and hydropower capacity risks exposing millions to widespread outages at night India faces a high risk of nighttime power cuts this summer and in coming years, as delays in adding new coal-fired and hydropower capacity could limit […]