NLC India – erstwhile Neyveli Lignite – adds 517 MW power generating capacity in FY21

State-owned NLC India Ltd. (NLCIL), earlier known as Neyveli Lignite Ltd., has made a capacity addition of 517.5 MW in 2020-21. This includes 500 MW of lignite-based thermal power and 17.5 MW of solar with battery energy storage system. With this, NLCIL and its subsidiaries’ installed power generating capacity has increased to 6,061.06 MW. During the year, […]

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SECI delay in agreements with distribution companies likely to hit renewable energy projects

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The delay in signing power supply agreements (PSA) by Solar Energy Corporation of India (SECI) with discoms (distribution companies) for over 20,000 MW of power projects awarded in the last one year is threatening the renewable energy target of 175 giga watt (GW) by 2022, reports Financial Express. Manufacturing projects of 12,000 MW was awarded […]

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India’s power sector recovers during second quarter of FY21: ICICI Securities

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Power demand in India recovered significantly in Q2FY21 resulting in improved thermal plant load factor (PLFs) and subsequently higher offtake from Coal India (CIL), says a report by ICICI Securities. Power generation during the first six months was lower, only 8.7 per cent y-o-y, compared to -16.4 per cent in the first quarter of FY21. The report […]

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Power generation from renewables falls by 24 per cent in July 2020; wind power output dropped significantly

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Electricity generation from renewable energy sources fell 24.2 per cent y-o-y to 12,241.9 million units (MUs) in July as power production wind plants — which currently has the largest capacity share in the renewables portfolio — dropped significantly due to seasonal variations in wind-speeds, Financial Express reports. Wind power plants generated 6,489.8 MU in the […]

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Power output in India recovers in first half of July as economy slowly opens up

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India’s electricity generation during the first half of July fell at a slower pace than in June, provisional government data showed, as industries and commercial establishments opened up after further following gradual easing of lockdowns. Power generation fell by 3.1 per cent in the first 15 days of July 2020, compared with the same period last […]

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Subdued demand, sufficient coal stocks may dampen interest in Indian mining rights: Emkay Global

The government’s move to end Coal India’s monopoly in coal mining by allowing commercial miners in the sector may not attract the requisite participation from domestic and global entities as fuel demand currently is subdued while CIL production is more than sufficient to meet the domestic coal demand. According to a research report from Emkay […]

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India’s thermal power sector faces bleak post-Covid-19 scenario

Covid-19 may have served a lethal blow to India’s stressed private thermal power generation sector, accounting for 37 per cent of 198-gigawatt coal-based generation capacity. Dominated by independent power producers (IPP), who do not have distribution rights; the sector tops the chart on loan defaults. The situation may complicate further post-Covid; unless the Centre takes […]

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