India to face supply challenges, rising electricity demand

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India’s increasing electricity demand for cooling as summer approaches, as well as strong economic growth and challenges in increasing power generation will likely keep short-term electricity rates high in the near term, Fitch Ratings says. Electricity demand in India generally peaks during the warmer months of April to August, subject to weather patterns. “We expect […]

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Coal India auction to non-power sector goes up sharply in November 2021

State-run Coal India auctioned 3.2 million tonnes of coal exclusively for the non-power sector in November, a senior company official said, more than five times the volume auctioned a year earlier and about eight times the allocation in September. Coal India had temporarily paused auctions of coal to non-power customers and reduced contracted supplies in […]

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CEA makes new coal stocking norms for power plants more flexible to avoid shortages

The Union power ministry has approved the new coal stocking norms for power plants, which will give more flexibility for them. Designed by the Central Electricity Authority (CEA), these norms allow lower fuel stocks during the periods of low demand and mandate larger inventories during high-demand seasons. The CEA also proposed penalty for power plants […]

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India’s power consumption dips by 2% to 72 million units; crisis not yet over

Power consumption dipped by nearly 2 per cent or by 72 million units (MU) to 3,828 MU on Saturday compared to 3,900 MU on Friday, showing slight improvement in supply situation across the country amid coal shortage crisis, according to the power ministry data. According to the data, the power consumption of 3,900 MU on Friday or October 8 was […]

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Power distribution companies’ dues to power producers rise by 10% to Rs 82,000 crore by March 2021

State-run electricity distribution companies’ (discoms) ‘overdues’ — pending receivables of 45 days or more — to power producers stood at Rs 82,400 crore at the end of March 2021, up 10.3% from a year earlier. The dues would have been much higher, but for the loans provided by Power Finance Corporation (PFC) and Rural Electricity […]

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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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