Power sector news india

Here are some recent news updates from the power sector in India:

Renewable Energy

  1. India sets new record in renewable energy capacity addition: India added a record 12.5 GW of renewable energy capacity in 2020-21, taking its total installed capacity to 93.5 GW. (Source: Ministry of New and Renewable Energy)
  2. Solar power tariffs hit record low: Solar power tariffs fell to a record low of ₹2.36 per unit in an auction conducted by the Solar Energy Corporation of India (SECI). (Source: Business Standard)
  3. Wind power capacity addition slows down: India added only 1.2 GW of wind power capacity in 2020-21, a significant slowdown from the previous year's addition of 3.9 GW. (Source: Ministry of New and Renewable Energy)

Thermal Power

  1. Coal imports decline: India's coal imports declined by 14% in 2020-21 due to a surge in domestic coal production and a decline in power demand. (Source: Ministry of Coal)
  2. Thermal power plants face coal shortage: Many thermal power plants in India are facing coal shortages, leading to reduced power generation and increased reliance on imported coal. (Source: The Hindu)
  3. NTPC to set up 10 GW of thermal power capacity: NTPC, India's largest power generation company, plans to set up 10 GW of thermal power capacity in the next five years. (Source: Business Standard)

Transmission and Distribution

  1. Power transmission capacity to increase: India's power transmission capacity is expected to increase by 15% in the next two years, driven by the commissioning of new transmission lines and substations. (Source: Power Ministry)
  2. Distribution companies face financial stress: Many distribution companies in India are facing financial stress due to low power sales, high transmission and distribution losses, and inadequate tariffs. (Source: The Hindu)
  3. Smart grid projects gain momentum: India is implementing several smart grid projects to improve the efficiency and reliability of its power distribution system. (Source: Business Standard)

Policy and Regulation

  1. New electricity policy to focus on renewable energy: The Indian government is planning to introduce a new electricity policy that will focus on promoting renewable energy and reducing carbon emissions. (Source: The Hindu)
  2. Tariff rationalization: The Indian government is planning to rationalize electricity tariffs to ensure that they are cost-reflective and do not distort the market. (Source: Business Standard)
  3. Electricity Act amendment: The Indian government is planning to amend the Electricity Act to improve the regulatory framework and promote competition in the power sector. (Source: The Hindu)

These are just a few of the recent news updates from the power sector in India. If you're interested in staying up-to-date with the latest news and developments, I recommend following reputable sources such as Business Standard, The Hindu, and Power Ministry.