In Short : In Budget 2024, India’s power sector expects Finance Minister Nirmala Sitharaman to announce increased funding for green energy projects, support for domestic manufacturing, and incentives for technology adoption to enhance renewable capacity and grid resilience. In Detail : Ahead of the Union Budget 2024, reports suggest that the power sector is a […]
Power sector Budget wish list: Funds for green energy, more domestic mfg – EQ
In Short : The power sector’s Budget wish list includes increased funding for green energy and boosting domestic manufacturing capabilities. This focus aims to accelerate renewable energy adoption, enhance self-reliance in production, and support sustainable growth in the energy sector. In Detail : With India accelerating green energy transition, the energy sector is pinning its […]
India’s Power Sector Achieves Record 250 GW Demand met on 30th May – EQ
In Short : India’s power sector reached a record peak demand of 250 GW on May 30th, marking a significant milestone in the country’s energy consumption and supply capabilities. In Detail : Non-solar demand met also touches all-time high of 234.3 GW on 29th May In a significant achievement for India’s power sector, the country […]
Power sector to attract Rs 17 trn in next 5-7 years: Union minister Singh – EQ
In Short : Union Power Minister R.K. Singh has stated that the power sector is expected to attract Rs 17 trillion in investment over the next 5-7 years. This projection indicates significant opportunities for growth and development in the power industry, including both conventional and renewable energy projects, contributing to India’s energy security and economic […]
Power sector to attract Rs 17 lakh crore investment in next 5-7 years: Power Minister – EQ
In Short : The Power Minister has stated that the power sector is expected to attract Rs 17 lakh crore in investment over the next 5-7 years. This projection highlights the significant opportunities and potential for growth in the power industry, including both conventional and renewable energy projects. In Detail : The sector has seen […]
Power sector has seen transformational changes in last 9 years: R K Singh – EQ
In Short : R. K. Singh highlights the transformative changes in the power sector over the last nine years. This acknowledgment suggests a period of significant evolution, likely encompassing advancements in technology, policy reforms, and efforts to promote sustainability and efficiency within the power industry. In Detail : Union Minister RK Singh on Tuesday said […]
Public Procurement (Preference to Make in India) to provide for Purchase Preference (linked with local content) in respect of Power Sector- Revision – EQ Mag
Public Procurement (Preference to Make in India) to provide for Purchase Preference (linked with local content) in respect of Power Sector- Revision For more information please see below link:
Tamil Nadu’s power sector might see coal demand of 65.7 million tonnes by FY30 – EQ Mag
Report prepared by Deloitte brings out a realistic and optimistic coal demand across India The power sector in Tamil Nadu may see a maximum coal demand of 65.7 million tonnes by the financial year 2030 from actual consumption of 27.95 million tonnes in financial year 2022, as per government’s report on Integrated Coal Logistics Plan […]
Government finalizes the revised framework of Day-Ahead National level Merit Order Dispatch Mechanism in power sector – EQ Mag
The revised mechanism to result in savings for Consumers; To help States in meeting their electricity demand in a cost-effective manner with less carbon footprint The Ministry of Power has finalized a revised structure of Day-Ahead National level Merit Order Despatch Mechanism with a view to lower the overall cost of electricity generation, which will […]
Power Sector: Stumbling block in India’s net-zero journey – EQ Mag Pro
For India to achieve net-zero emissions by 2070, coal power must be phased out entirely, and renewable capacity needs to grow. Five commitments made at COP26 PM Modi, on 1 November 2021, presented India’s five-point agenda famously termed ‘Panchamrit’ at the 26th session of the Conference of the Parties (COP26), to the United Nations Framework […]