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Energy and Power

SECTOR | 03 Dec 2024

IEX Electricity Trade Volume Up 16% To 9,689 Million Units In November

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The Green Day-Ahead Market achieved 793 MU volume during November 2024, IEX said in a statement.

Energy and Power

SECTOR | 03 Dec 2024

Tata Power Renewables Energy Commissions 431 MW Solar Project In Madhya Pradesh

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The project contributes to sustainability with an estimated CO2 offset of 7,80,300 tonnes.

Tata Power commissions 431 MW solar project in Madhya Pradesh

Business Line | 03 Dec 2024 4 more

Energy and Power

SECTOR | 02 Dec 2024

AYUSH market grows from $2.85 bn in 2014 to $ 43.4 bn in 2023: Govt

Business Standard

The Ayush market has seen exponential growth, increasing from USD 2.85 billion in 2014 to USD 43.4 billion in 2023, according to Shripad Yesso Naik, Minister of State for New and Renewable Energy. Addressing a press conference here on Monday, Naik also highlighted that exports from the sector have doubled, rising from USD 1.09 billion to USD 2.16 billion. The Ministry of Ayush (Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homoeopathy) has undergone a transformative journey over the past decade, positioning India as a global leader in traditional medicine, Naik said. Since its establishment in 2014 under the leadership of Prime Minister Narendra Modi, the ministry has spearheaded significant advancements in public health, education, research, and economic development, aligning with the United Nations Sustainable Development Goals (SDGs) and Universal Health Coverage (UHC), he added. Naik said significant strides were made in the AYUSH sector, particularly in integrating...

Energy and Power

SECTOR | 02 Dec 2024

India's power consumption rises 5% to 125.44 billion units in Nov

Business Standard

India's power consumption rose 5.14 per cent to 125.44 billion units (BU) in November as compared to the year-ago month. In November 2023, power consumption was 119.30 GW, as per the government data. The highest supply in a day (peak power demand met) also rose marginally to 207.42 GW in November 2024 from 204.56 GW in the year-ago period. The peak power demand touched an all-time high of about 250 GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during the day and 225 GW during evening hours for May while 240 GW during daytime and 235 GW in the evening hours for June. The ministry had also estimated that peak power demand may hit 260 GW this summer. Noting that November 2024 was the warmest in last four to five years as per official data, the experts opined that power demand as well as consumption showed subdued growth mainly due to slow on

Delhi discoms point to Rs 3,000 crore revenue gap, seek fair tariffs

Business Standard | 01 Dec 2024

Energy and Power

SECTOR | 01 Dec 2024

Opposition livid over differing nuclear capex numbers

Business Line

India's current installed nuclear power capacity is 8,180 MW

Energy and Power

SECTOR | 30 Nov 2024

India To Provide Powerplant Control Centre To South African Electricity Supplier Eskom

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The announcement was made on Friday after representatives of a dozen Indian energy companies met Eskom executives on the sidelines of the Urja Matla Energy Conference.

Energy and Power

SECTOR | 29 Nov 2024

Power Mech Projects Secures Rs 510 Work Order From Adani Power For Thermal Power Project

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The thermal power project is to be completed in 34 months.

US SEC has indicted Adani, but India's SECI has only given favours: Cong

Business Standard | 29 Nov 2024 3 more

Energy and Power

SECTOR | 28 Nov 2024

Adani bribery allegations highlight India's renewable energy struggles

Business Standard

SECI's chairman told Reuters last month that a three-fold increase in tendering of renewable projects has left 30 GW of projects for which bidding is complete, but without buyers

Waaree Renewable Technologies Receives Term Sheet For Rs 1,233.47 Crore Project

NDTV Profit | 27 Nov 2024 9 more

Energy and Power

SECTOR | 27 Nov 2024

SECI responds to criticism, allows bidders to voluntarily reduce tariffs

Business Line

SECI outlined its transparent bidding and allocation system, stating it adheres to Ministry of New and Renewable Energy guidelines

Energy and Power

SECTOR | 26 Nov 2024

Andhra to review power deal linked to Adani Group amid US SEC charges

Business Standard

The Andhra Pradesh government was set to procure 7,000 MW of solar power from Adani Group through Seci aiming to supply cost-effective power to the agricultural sector

Two Hydro Projects Worth Rs 3,689 Crore In Arunachal Pradesh Gets Cabinet Nod

NDTV Profit | 25 Nov 2024 2 more