Power Data
Year: 2023
Power Data
Power Generation
Total power generation stood at 121.61 BUs in November 2022. At around 41.57 BUs and 36.5 BUs, the central and state sectors respectively accounted for the major share in conventional power generation. Meanwhile, renewable energy […]
Company Release
Tata Power announces plan for setting up EV charging points
Tata Power has announced the K2K Plan (KashÂmir to Kanyakumari), a nationwide initiative for setting up electric vehicle (EV) charging points. The plan aims to install around 25,000 EV charÂging points over the next five […]
Company Release
Tata Power Renewables to set up India’s first group captive solar plant for a residential society
Tata Power Renewable Energy Limited (TPREL) has signed an agreement with Vivarea Condominium, a residential society in Mumbai, to supply solar power. The first of its kind, the 3.125 MW solar plant will be set […]
Company Release
NTPC commissions first green hydrogen blending operation in PNG network
NTPC Limited has commissioned India’s first green hydrogen blending project in its piped natural gas (PNG) network at the Kawas township in Surat. The project is a joint effort of NTPC and Gujarat Gas Limited […]
Company Release
Amara Raja selects Nextracker to supply solar trackers for NTPC’s 306 MWp Nokh plant
Nextracker, has announced the signing of a master supply agreement with Amara Raja Power Systems Limited to deliver its solar trackers for NTPC Limited’s Nokh solar project, which is being executed by Amara Raja as […]
Finance
Financial Briefs
RBI issues first tranche of sovereign green bonds (India) The government issued the first Rs 80 billion tranche of sovereign green bonÂds on January 25, 2023. The first tranche included Rs 40 billion each of […]
Finance
Successful Bid: Vedanta acquires Meenakshi Energy to strengthen its power portfolio
The power sector has recently seen some progress in the resolution of stressed generation assets. Vedanta Limited, a metals and mining major, reÂcently emerged as the successful bidder to acquire Meenakshi Energy LimitÂed (MEL), which […]
Power Data
Power Trading
The electricity traded in the day-ahead market in December 2022 was 4,977.44 MUs at the IEX. The average market clearing price range was Rs 3.68 per unit to Rs 6.56 per unit at the IEX. […]
Regulation
Computing Charges: FoR’s model regulations for green energy open access consumers
The Forum of Regulators (FoR) has notified the Model Regulations for Calculation of Open Access and Banking Charges for Green Energy Open Access Consumers, in line with the MiÂniÂstry of Power’s (MoP) Electricity (ProÂmoÂting Renewable […]
Distribution
MPPaKVVCL: Major improvements in efficiency and performance
Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company LimiÂted (MPPaKVVCL) is one of the three discoms in Madhya Pradesh, serving a consumer base of almost 5.79 million (as of March 2022). The company reÂcorded energy sales […]
Editor's Pick
H2 Roadmap: Government greenlights the National Green Hydrogen Mission
The year 2023 started with a bang for the country’s fledgling green hydÂroÂgen sector. On January 4, 2023, the Union Cabinet approved the NaÂtioÂnal Green Hydrogen Mission with an initial budget outlay of Rs 197,440 […]
Central Sector
THDC and RRECL collaborate for 10 GW renewable energy projects in Rajasthan
THDC India Limited (THDC) and Rajasthan Renewable Energy Corporation Limited (RRECL) have signed a joint venture (JV)-cum-share holding agreement to form a JV with a shareholding ratio of 74:26. The JV company will develop, operate, […]
State Sector
Results out for GUVNL’s 300 MW wind auction
Juniper Green Energy, WYN Renewables (EDF Renewables), ACME Pokharan Solar, and Solarcraft Power India have won the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to supply power from 300 MW of grid-connected wind projects (Phase-IV) […]
Central Sector
Powergrid records a profit of Rs 36.45 billion in the quarter ended December 2022
Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 36.45 billion for the quarter ended December 2022, an increase of 10.69 per cent over the net profit of Rs 32.93 […]
Private Sector
Tata Power partners with AutoGrid to expand AI-enabled smart energy management system in Mumbai
Tata Power has partnered with AutoGrid to deploy an artificial intelligence (AI)-enabled smart energy management system focusing on the behavioural demand response across its residential, commercial, and industrial customers in Mumbai. This program will help […]
International News
QPL partners with Doosan Enerbility to study ammonia co-firing at coal plant in Quezon, Philippines
Quezon Power (Philippines) Limited Company (QPL) has partnered with South Korea-based Doosan Enerbility Company Limited to study the feasibility of ammonia co-firing at QPL’s coal-based power plant in Quezon, Philippines. The partners will conduct feasibility […]
Reforms and Regulations
CEA issues draft Construction of Electric Lines in Great Indian Bustard Area Regulations, 2023
The Central Electricity Authority (CEA) has issued the draft CEA (Construction of Electric Lines in Great Indian Bustard Area) Regulations, 2023. These regulations will apply to generating companies, transmission licensees, distribution licensees, central transmission utility, […]
Central Sector
India’s electricity consumption grows 13 per cent to 126.16 BUs in January 2023
India’s power consumption recorded an year-on-year growth of 13 per cent to 126.16 billion units (BUs) in January 2023. In January 2022, the power consumption stood at 111.80 BUs, higher than 109.76 BUs recorded in […]
Private Sector
Vedanta Group authorises equity investment for 691 MW renewable energy projects
The Board of Directors of Vedanta Group has approved the procurement of 691 MW of renewable energy to power the company’s aluminium, copper, and oil and gas operations across India. The company will obtain 91 […]