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Short-term power market gains as long-term PPAs recede, shows data

The share of short-term power market moved up from 6.1 per cent in FY09 to 11.7 per cent in FY19, shows data released by the Central Electricity Regulatory Commission The short-term power market in the country has surged ahead over the past decade with the gradual drying up of long-term power purchase agreements (PPAs) inked […]

IFC INVESTS ~US$ 50 MILLION IN GFCL EV FOR INDIA’s FIRST INTEGRATED BATTERY MATERIALS FACILITY – EQ

Scanty rains, but no power cut

Data available from Central Electricity Authority (CEA) shows that power generation in southern states has been less by 9.45% and in the north-east output is 3.43% less than what was actually targeted. Deficient monsoon has meant that electricity generation from hydropower plants in south and north-eastern India is less than what should have been. However, […]

India’s Clean Energy Momentum Strengthens Through States, C&I Demand, and Rooftop Solar Expansion – EQ

Dull summer demand casts shadow on Indian Energy Exchange’s earnings

The 28% drop in average market clearing price underscores the weak demand conditions in spot electricity market The fall in volumes coincides with the improvement in fuel availability at thermal power plants Investors never took fancy to the Indian Energy Exchange Ltd (IEX) stock in the secondary markets since it was already priced at a premium […]

India’s Clean Energy Momentum Strengthens Through States, C&I Demand, and Rooftop Solar Expansion – EQ

Average spot power price to be less than Rs 3.5 per unit in May

The peak demand of power this month was 178 GW due to summer season New Delhi: Average spot power price is unlikely to breach the Rs 3.50 per unit level in May on account of sufficient coal stock for thermal plants and enhanced supplies from clean energy sources, according to experts. “Despite higher peak demand […]

India’s Clean Energy Momentum Strengthens Through States, C&I Demand, and Rooftop Solar Expansion – EQ

Green Certificates sales down 22 pc in 2018-19

Sales of renewable energy certificates declined over 22 per cent to 1.25 crore units this fiscal on IEX and PXIL as compered to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to official data. In March, sales of RECs or green certificates declined by over 51 per cent to 11.78 lakh from […]

IFC INVESTS ~US$ 50 MILLION IN GFCL EV FOR INDIA’s FIRST INTEGRATED BATTERY MATERIALS FACILITY – EQ