In Short : India plans to invest ₹13 trillion in transmission infrastructure and ₹1.3 trillion in smart meters by 2035, as per a recent report. The move aims to support a projected 446 GW peak power demand by FY2034–35. The investments will enhance grid reliability, reduce losses, and accelerate the rollout of prepaid smart meters […]
Recovery in Energy Demand to Continue Despite Covid-Led Blip: Ind-Ra
The electricity generation increased 42.5 pe cent y-o-y to 115.5 billion units in April 2021. India Ratings and Research (Ind-Ra) on Friday said the recovery in energy demand will continue despite COVID-19 led temporary blip. India Ratings and Research (Ind-Ra) has published the May 2021 edition of its credit news digest on India’s power sector.The […]
Covid 2.0 Restrictions to Impact Energy Demand Growth Recovery: Ind-Ra
The lockdowns on account of an increase in Covid cases in various states can impact all-India energy demand growth recovery in Q1 FY22 although demand is expected to be higher due to lower base effect. The lockdowns on account of an increase in Covid-19 cases in various states can impact all-India energy demand growth recovery […]
Lockdowns in Various States to Impact Energy Demand Growth: Ind-Ra
The lockdowns on account of an increase in COVID-19 cases in various states can impact all-India energy demand growth recovery in 1Q FY22 although demand is expected to be higher due to lower base effect, according to India Ratings and Research (Ind-Ra). In March, the all-India energy demand was higher by 22.8 percent year-on-year at […]
Energy demand improvement slows down in Nov: India Ratings
This was due to the early onset of winters impacting demand from the northern region Mumbai: The all-India energy demand increased year-on-year for the third consecutive month in November after declining over March to August although the improvement slowed down to 3.7 per cent to 97.9 billion units, India Ratings and Research (Ind-Ra) said on […]
India’s energy demand to grow by 4.2%: Dharmendra Pradhan
Pradhan said the per capita energy consumption of the country with 1.3 billion people is lower than the global average. India’s energy demand is projected to grow by 4.2 per cent through 2035, an expansion faster than all major economies of the world, Oil Minister Dharmendra Pradhan said Tuesday as he sought investments in the […]
Japan sets carbon-neutral goal as UK plans climate laws
Japan has joined Britain in pledging to become carbon neutral later this century, as the world races to prevent catastrophic climate change, but critics blasted Tokyo’s plan as unambitious. While Britain on Wednesday outlined plans for fast-track legislation that would reduce carbon emissions to net zero by 2050, Japan’s policy only pledges to meet the […]
‘Bimstec nations could tap India’s green energy transition’
With the Bimstec leaders gathered in the national capital for Prime Minister-elect Narendra Modi’s swearing in ceremony on Thursday, the member-nations could benefit from India’s rapid renewable energy capacity increase, say experts. The New Delhi-based organisation CarbonCopy said the annual electricity trade potential between South Asian and Southeast Asian countries could be from 65,000 MW […]
MNRE conceptualises net-zero energy complex for new HQ
In a bid to achieve sustainable living standards, the Ministry of New and Renewable Energy (MNRE) has conceptualised a “net-zero energy complex” for its new headquarters. The Akshay Urja Bhawan will be located in Lutyens Delhi, right opposite the premises which the ministry presently occupies in the CGO Complex here. Designed by city-based Edifice Consultants […]
Energy supply and consumption patterns are changing to tackle climate change: PM Modi
Prime Minister Narendra Modi said on Monday that patterns of energy supply and consumption are changing globally and countries are coming together to tackle climate change. There are signs of convergence between cheaper renewable energy, technologies and digital applications, he said while addressing the inaugural session of 13th international oil and gas conference Petrotech 2019. […]