Power
Peak power demand declines 10% to 206GW as rains hit north India
After a heatwave, heavy rain reduced power demand, with peak falling to 206 GW from 250 GW. The India Meteorological Department predicts stable temperatures amid heavy rainfall. Southern regions saw a monsoon onset, lowering consumption. Neighbouring regions contributed significantly to power supply, aided by high coal stocks at thermal plants and increased CIL supplies.
Adequate coal stock available, can meet 18.5 days' requirements of thermal power plants: Government
The Centre said that there is sufficient coal reserves for domestic thermal power plants, with stocks at 44.46 million tonnes lasting 18.5 days at current consumption rates, a 33 per cent increase from last year. Coal production increased by 10.58 per cent in the June quarter. Measures have been taken to ensure 98.67 MT stock availability at mines, representing a 33.5 per cent increase from last year. Coordination between coal, railways, and power ministries aims to maintain high coal stock levels at power plants.
India's power consumption rises nearly 9pc to 152.38 billion units in June
The highest supply in a day (peak power demand met) also rose to 245.41 GW in June 2024 against 223.29 GW in the year-ago month. The peak power demand was recorded at 224.10 GW in June 2023. The peak power demand touched an all-time high of 250.20GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023.
Continue blending of 4 per cent imported coal till October 15, government tells power plants
Efficiently managing coal blending requirements and supply logistics is crucial for meeting peak power demand. Maintaining a balance between coal receipt and consumption at domestic coal-based plants is essential for uninterrupted power generation across the country.
Delhi's peak power demand grew 3.8x on hot and humid days in last 12 months: Report
Delhi's peak electricity demand surged due to temperature variations, with peak demand increasing by 711 MW on hot and humid days, 506 MW on cold days, and 188 MW on moderate days. The analysis by IEEFA highlighted the necessity of enhancing utility-scale solar power to meet rising demands and mitigate the impact of heatwaves.
India keen to speed up power grid link talks with Sri Lanka
India is actively pursuing discussions with Sri Lanka to establish a power grid link, focusing on renewable energy for electricity trading. The project includes overhead and under-sea cables, with economic benefits being evaluated by PwC India and plans for a joint consultant for investment decisions.
BHEL bags Rs 13,300 cr order to set up 1600 MW-thermal power project
Commensurate with the goal of the central government to ensure the energy security of the country, DVC has finalised the tender for the engineering, procurement and construction (EPC) package of Koderma TPS (2X800MW) in Jharkhand, with Bharat Heavy Electricals Ltd (BHEL) for Rs 13,300 Crore on June 26, 2024, a power ministry statement said.
Budget 2024: Hi-tech thermal plants may get Rs 6,000 cr viability support
Budget 2024: The Union budget for 2024-25 is expected to include a support scheme for setting up 800 MW coal-based power plants using Advanced Ultra Supercritical (AUSC) technology. The finance ministry is evaluating a proposal for ₹6,000 crore viability gap funding (VGF) and a ₹3,500 crore payment security mechanism for electric buses. The project, based on indigenous technology developed by a consortium of Bharat Heavy Electricals Limited, Indira Gandhi Centre for Atomic Research, and NTPC, is expected to cost upwards of ₹15,000 crore at completion.
Hitachi Energy bags order worth Rs 790 cr
Hitachi Energy India has secured a Rs 790 crore order from Hitachi Energy Australia for the Marinus Link HVDC project, a critical Australian national energy initiative. Scheduled over four years, key equipment will be delivered from India, highlighting the project’s importance in supporting Australia's energy infrastructure.
India powers up energy network for its hotspots
The govt is taking steps to ensure power projects, including renewable energy sources like wind turbines and solar panels, can operate effectively in the face of intense heatwaves in India. Actions involve enhancing heat tolerance levels, addressing peak power demand, upgrading transmission equipment, and implementing measures like proper ventilation in substations and transformer yards.
Must Watch
BSES has a new plan to keep Delhi's lights on, debuts India's largest battery storage system
BSES, a major power distribution company in Delhi, has inaugurated India's first utility-scale Battery Energy Storage System (BESS). This innovative system ensures uninterrupted power supply to residential areas, even during technical faults or grid failures. The project, located at BSES Rajdhani's Kilokari substation, aims to enhance grid stability, reduce power procurement costs, and integrate renewable energy sources. The BESS, utilizing advanced Lithium Iron Phosphate (LFP) technology, sets a benchmark for future energy storage projects in India.
Landowners' compensation doubled in power projects
Landowners will get compensated for the tower base area at 200% of the land value, against 80% now, as per the new norms, while compensation for RoW for the transmission corridor has been doubled to 30% of the land value. The move is aimed at reducing project delays because of compensation issues.
Thermal plant load factor to remain healthy at 70 pc in FY'25 on power demand growth of 6 pc: ICRA
ICRA projects a stable outlook for the thermal power segment with a 70% thermal plant load factor expected in FY2025, driven by 6% power demand growth.
Gensol Engineering bags another BESS project from GUVNL
Gensol Engineering secures an additional 250 MW/500 MW Battery Energy Storage System Project from GUVNL, increasing its order book to Rs 3,100 crore.
EESL joins hands with APEPDCL to promote energy efficiency, conservation
EESL partners with APEPDCL for energy efficiency program in Andhra Pradesh, aiming to raise consumer awareness and provide energy-efficient solutions.
Heat wave in Delhi pushes peak power demand to all-time high level of 8656 MW
According to the realtime data of State Load Dispatch Centre (SLDC) Delhi, the peak power demand reached 8656 MW at 15:06:55 hrs on Wednesday.
