India is the world’s third largest energy consuming country and electricity demand grows by 4.7% each year. To reduce the dependence on imports of coal, major reforms have been carried out by the Ministry of Coal with the vision of “Atma Nirbhar Bharat”. The Ministry has also amended the Mineral Concession (Amendment) Rules, 1960 under […]
India’s power demand expected to rise by 8-10 per cent in 2021-22 – EQ Mag Pro
India’s electricity demand is now expected to rise in the range of 8-10 per cent during FY22, said HDFC Securities. The brokerage house had earlier predicted a 12 per cent rise in power demand in FY22. Accordingly, the downward revision of demand expectation is largely due to a prolonged winter and disruptions in demand caused […]
Peak power demand deficit almost wiped out, in 2020-21, says Union Power Ministry – EQ Mag Pro
Providing statistics, the Ministry said the deficit stood at 0.4% in 2020-21 compared to 16.6% in 2007-08 and 10.6% in 2011-12. The Union Power Ministry on Monday said that peak power demand deficit in the country was almost wiped out in 2020-21 period. Providing statistics, the Ministry said the deficit stood at 0.4% in 2020-21 […]
Power Demand Hits All Time High On 7th July
Impressive Yon Y increase in average energy consumption. Solar and Wind Energy generation also show marked Y on Y increase System Operation highlights for July 2021 released The country witnessed highest ever demand for power at 12:01 hours on 7th July 2021. This demand of 200570 MW was 17.6 % higher than in July 2020 […]
India’s Power Demand Soared to All-time High of 197.06 GW on Tuesday
The last peak power demand record was 182.45 GW in June 2019. Power demand in the country touched an all-time high of 197.06 GW on Tuesday amid many states witnessing high temperatures due to delayed monsoon, and easing of coronavirus-related restrictions. “All-Time Highest All India Demand of 197060 MW observed at 11:43hrs today has been […]
India’s power consumption grew 6.1 percent in December
After a gap of six months, power consumption recorded a year-on-year growth of 4.5 per cent in September and 11.6 per cent in October. NEW DELHI: India’s power consumption grew by 6.1 per cent to 107.3 billion units (BU) in December, showing spurt in economic activities, according to official data. Power consumption in December 2019 […]
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 […]
Delhi’s peak power demand reaching pre-COVID levels with economic activity
In September this year, the peak power demand was just 5.9 per cent lower as compared to the corresponding month last year. New Delhi: The peak power demand of Delhi is fast catching up with pre-COVID levels as an increasing number of economic activities are being allowed under the Centre’s ‘Unlock’ process, discom officials said. […]
COVID-19: India to add only 5,000 MW solar capacity in 2020, says report
The agency, which had earlier projected a capacity addition of 8,500 MW during 2020, expects solar installations to reach nearly 5,000 MW as project timelines are extended and moved to 2021 Mumbai: With project timelines getting extended due to the COVID-19 pandemic, India is expected to add only 5,000 MW of solar capacity in 2020, […]
Liquidity support provides temporary lifeline to discoms: S&P
The agency noted that many discoms in India have weak financial health owing to excess debt, loss-making operations, and high transmission and distribution (T&D) losses of more than 15 per cent Mumbai: The government’s stimulus measures will only provide a temporary lifeline to state-owned power distribution companies as the coronavirus pandemic has increased liquidity pressure […]