Power plants are operating at full throttle to meet this demand, and the government has ordered coal import to meet the shortfall in domestic supplies. India’s power demand this year has jumped by a record 40,000-45,000 MW per day as an intense heat wave sweeps through northern parts of the country, the economy expands, and […]
Power demand hits new peak at 209 GW – EQ Mag Pro
NEW DELHI: Continued heat wave due to a pause in the monsoon’s progress and expanding economic activities pushed India’s peak power demand to a fresh record of 209.8 gigawatts (GW) on Wednesday. But higher thermal generation made possible by increased availability of coal as well as wind and hydro energy prevented power cuts from getting […]
Indian Renewable Power Generators Face Modest Gains from Spiking Power Demand – EQ Mag Pro
Hong Kong/Singapore : Supply factors are likely to limit near-term growth opportunities for Indian renewable power generators stemming from the country’s current heat wave and high fossil-fuel prices, says Fitch Ratings. Nonetheless, their medium-term prospects remain strong and are supported by government policies to diversify India’s energy base away from fossil fuels. Rising power demand […]
Maximum All India Power demand met crosses 201 GW on 26th April 2022 – EQ Mag Pro
Government and various stakeholders make efforts on all fronts to meet rising demand The maximum All India power demand met is 201.066 GW at 14:51 hours today. It has surpassed last year’s Maximum demand met of 200.539 GW which occurred on 7th July 2021. The rising power demand reflects the economic growth in the country. […]
Tangedco registers all-time high power demand of 17,106MW; Plans to import coal to meet summer needs – EQ Mag Pro
CHENNAI: The state registered an all-time high energy demand of 17,106MW at 10.30am on Monday, which is expected to increase further in the coming days. It has been planned to import 4.8 lakh MT of coal with a gross calorific value of 5,000Kcal/kg to meet the demands of the summer, according to electricity minister V […]
Delhi met peak power demand of 7323 MW between April and Dec last year: Report – EQ Mag Pro
Delhi has installed 897.601 MW capacity of solar power against the target of 1825 MW till December 2021. The Delhi government’s power department met the peak demand of 7323 MW from April to December last year, according to the Outcome Survey status report 2021-22. It stated that out of 52 indicators for assessment, 83 per […]
Reduction in Coal Imports Despite Increased Power Demand – EQ Mag Pro
The Ministry has also amended the Mineral Concession (Amendment) Rules, 1960 under MMDR (Amendment) Act, 2021 to allow lessee of captive mines to sell coal or lignite up to 50% of the total excess production. New Delhi: With the increase in domestic production of coal, India has achieved a significant reduction in import despite a […]
India Achieves Major Success in Coal Import Reduction Despite Increase in Power Demand – EQ Mag Pro
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 […]