Sector Energy and Power - Latest news, views and updates

Energy and Power

Sector

Watch

Energy and Power

SECTOR | 02 Sep 2024

Adani Power Completes Acquisition Of Tamil Nadu-Based Coastal Energen

NDTV Profit

CEPL owns and operates a 1,200 -MW thermal power plant located at Tuticorin, Tamil Nadu.

Energy and Power

SECTOR | 01 Sep 2024

India's power consumption declines 4.7% to 144.2 billion units in Aug

Business Standard

India's power consumption declined 4.7 to 144.21 billion units (BU) in August compared to the year-ago period, mainly due to the above normal rainfall across the country which reduced the use of cooling appliances like air conditioners and desert coolers. According to the Indian Meteorological Department, the country recorded 287.1 mm of rainfall in August, which is about 16 per cent higher than the normal 248.1 mm. In August 2023, the power consumption stood at 151.32 BU, according to official data. The highest supply in a day (peak power demand met) also contracted to 216.68 GW in August 2024 against 236.29 GW in the year-ago month. The peak power demand touched an all-time high of about 250GW 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 and 240 GW during daytime and 235 GW in the eveni

Wages of Assam tea workers meagre, welfare scheme implementation poor: CAG

Business Standard | 01 Sep 2024

Energy and Power

SECTOR | 31 Aug 2024, 09:14AM

India Must Augment Existing Power Transmission Corridors To Meet 4x Demand By 2050

NDTV Profit

The cost for reconducting existing lines would be far lower compared to a greenfield project, said Apar Industries CMD Kushal Desai.

RECPDCL Hands Over Two Project-Specific Special Purpose Vehicles

NDTV Profit | 31 Aug 2024, 12:16AM 1 more

Energy and Power

SECTOR | 30 Aug 2024, 10:42PM

ONGC ventures into renewable energy sector with ambitious 1 GW acquisition plan

Business Line

The company has already created a subsidiary, ONGC Green, which will spearhead this green energy foray

Energy and Power

SECTOR | 30 Aug 2024, 08:14PM

MCA-Nepal signs contract for cross-border power transmission line to India

Business Standard

Nepal on Friday signed a USD 12.36 million contract for a critical 18 km cross-border electricity transmission line, a crucial part of the broader Electricity Transmission Project that will deepen energy cooperation with India. Signed under the Millennium Challenge Corporation (MCC) Nepal Compact, the 18 km transmission line project, with three sub-stations, will help Nepal achieve its domestic power goals and reinforce Nepal's position in the regional energy market, officials said. As MCA-Nepal marks the first anniversary of the Compact's Entry-Into-Force, this new milestone reflects the unwavering commitment from all stakeholders to enhancing regional energy trade between Nepal and India, read a statement by the Millennium Challenge Account (MCA) Nepal. The Millennium Challenge Corporation (MCC) Nepal Compact is jointly funded by the government of Nepal and the US government. The MCC was created by the US Congress in January 2004 with strong bipartisan support. The contract,...