R K Singh, minister of power and new & renewable energy, said on Tuesday that India would move away from stringent source-based capacity With the government halfway through its ambitious target of adding 175 GW of renewable energy capacity by 2022, R K Singh, minister of power and new & renewable energy, said on Tuesday […]
India’s power production to grow 5-6% in FY20 on new household demand
The country’s total power production grew by 5.1 per cent to 1,375 billion units in FY19 against 5.3 per cent rise in FY18 Power production in India is expected to grow by five to six per cent during FY 2019-20, riding on improved demand from newly connected households. Fresh demand from the new grid connected […]
Clean air: One of the biggest challenges for PM Modi in second term
The country is burning up more coal to supply cheap electricity to its 1.3 billion people, resulting in polluted air across vast stretches One of the biggest challenges facing Indian Prime Minister Narendra Modi as he begins his second term is ensuring clean air in a country that’s home to some of the most polluted cities in the world. The country […]
Four-fold rise in total solar capacity but rooftop meets just 10% of target
Rooftop installations are seen critical to India achieving its 175 Gw of renewable energy capacity by 2022 Rooftop solar, one the fastest growing sub-sectors in the country’s renewable energy space, has hit a speed bump. Of the targeted 40 Gw of solar rooftop installs, only 10 per cent has been achieved. Solar rooftop installations are […]
How rampant theft of electricity could drain India’s electric car hopes
The power sector loses more than $16 billion a year to theft – more than any other country in the world Dirty air has finally become an issue in Indian election manifestos, along with perennial subjects such as temple-building and farmers’ incomes. That shouldn’t be a surprise: Even politicians can’t escape air pollution, which has […]
Solar power developers may defer module imports; flat year ahead for firms
India added 6.5 Gw of solar power in the last financial year After sluggish growth in 2018-19, the current fiscal is set to be another flat year in solar power addition as developers are likely to hold back purchase of solar modules due to the steep duty levied on imports. India added 6.5 gigawatts (GW) […]
Ministry of New & Renewable Energy okays 18 Mw solar rooftop plan in Odisha
The cost for development of 1 Mw of rooftop solar project is roughly estimated at Rs 7 crore The Ministry of New & Renewable Energy ( MNRE) has given its nod to Odisha for setting up an 18 Mw solar rooftop project. A pioneer in rooftop solar projects in the country, Odisha, has firmed up […]
Stressed power assets set to amplify unemployment crisis: Study
Report forecasts that if a significant volume of India’s coal-fired capacity turns stranded, the phenomenon could affect labour directly or indirectly linked to the coal value chain As India battles unemployment, the muted fresh capacity additions in coal-fired generation and stressed power assets are set to magnify the job crisis, a study said. A report […]
NTPC tempers growth in coal-fired capacities, meets under 25% of FY19 goal
In 2018-19, the PSU major signalled intentions of abandoning coal-based projects amounting to 9.3 Gw in Andhra Pradesh, West Bengal and Odisha The country’s sagging growth in new capacity additions in coal-fired power seemed to have rubbed on state controlled NTPC Ltd, the largest power generator. Between 2012-13 and 2015-16, the country had added as […]
Renewable energy sector attracts FDI worth $7.48 billion since April 2000
Globally, India is the third largest solar market and has the fourth highest installed wind power capacity According to a report by the India Brand Equity Foundation (IBEF), the country’s renewable energy sector attracted foreign direct investments (FDI) worth $7.48 billion between April 2000 and December 2018. The IBEF report pegs new investments in clean […]
