According to the report titled ‘Power Watch: March 2020’, thermal plant load factor (PLF) declined to 52.6 per cent in March 2020 on account of the lower demand New Delhi: Amid the COVID-19 lockdown, renewable power generation remained unaffected due to their ‘must-run’ status while electricity from thermal sources were impacted most due to a […]
Electric vehicle makers see huge opportunity post Covid-19
Post Covid-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1 per cent. India is expected to be a significant contributor to this growth CHENNAI: With more and more Indians adopting the social […]
Final Extension Letter Solar Review
Final Extension of time for filling the Questionnaire response in Review Investigation for continued imposition of Safeguard Duty on imports of “Solar Cells whether or not assembled in modules or panels” into India (Case No SG 01/2020) For more information please see below link:
Solar energy is the cheapest form of energy: Rahul Munjal, CII Renewable Energy Council
Lockdown due to COVID-19 pandemic has reduced power demand by 25-30 per cent in a month. Lockdown due to COVID-19 pandemic has reduced power demand by 25-30% in a month. Rahul Munjal, Co-Chairman, CII Renewable Energy Council and MD, Hero Future Energies; Rajiv Ranjan Mishra, Co-Chairman, CII National; and Sumant Sinha, Chairman, CII Council on […]
Peak power demand in India still down 26 per cent at 134.7 Gigawatt in May
New Delhi: Peak power demand remained down by over 26 per cent in May so far at 134.7 GW despite partial easing of the coronavirus lockdown. In April too the peak power demand was down by about one-fourth as compared to the corresponding month last year. According to power ministry data, the peak power […]
Lockdown to balloon discom losses, electricity demand to fall in decades
The Covid-19 outbreak and the subsequent lockdown has squeezed power demand sharply in March and April and the fall has been such sharp that demand for full year 2020-21 is set to report a 1 per cent decline, first time in almost 36 years New Delhi: One month of nationwide lockdown has done more damage […]
Lockdown to increase discoms’ book losses to Rs 200 bn: ICRA
The demand slowdown amid the lockdown is likely to lead to a de-growth of 1.0% in electricity demand for the full year of FY2021. The nation wide lockdown to control Coronavirus outbreak is likely to increase the book loss level for the discoms at all India level by Rs 200 billion in FY2021 as it […]
India’s annual power demand seen falling for first time in almost four decades: Moody’s unit
Power usage has fallen by almost a quarter since Prime Minister Narendra Modi enforced a nationwide lockdown starting March 25, forcing all industries except those deemed essential to shut down CHENNAI: India’s electricity demand during the current financial year is seen falling for the first time in at least 36 years, ratings agency Moody’s unit […]
COVID-19 lockdown likely to decline the all India electricity demand in FY21: ICRA
As per an ICRA note, the demand slowdown amid the lockdown is likely to lead to a de-growth of 1.0% in electricity demand for the full year of FY2021, considering the full lockdown till May 3, 2020, partial lifting of lockdown in the non-red zones in May and June 2020 and resumption of full operations […]
Vijayawada: Discoms succeed in reducing power procurement cost
Vijayawada: In spite of the adverse conditions due to the lockdown following the outbreak of coronavirus, the AP Transco is continuously taking steps to reduce the power procurement cost. A communiqué from the office of the Transco CMD Nagulapalli Srikanth said that during the lockdown all bulk consumers were shutdown. Only critical healthcare, government machinery, […]