Power sector latest news

Here are some of the latest news and updates from the power sector:

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 in India: Solar power tariffs in India have fallen to a record low of ₹2.36 per unit (kWh) in an auction conducted by the Solar Energy Corporation of India (SECI). (Source: Business Standard)
  3. Wind power capacity in India crosses 40 GW mark: India's wind power capacity has crossed the 40 GW mark, with a total installed capacity of 40,144 MW as of March 2021. (Source: Ministry of New and Renewable Energy)

Grid and Transmission

  1. India's power transmission capacity to increase by 25%: India's power transmission capacity is expected to increase by 25% in the next five years, with the addition of new transmission lines and substations. (Source: Power Grid Corporation of India)
  2. India's grid stability improves with addition of new transmission lines: The addition of new transmission lines and substations has improved grid stability in India, reducing the frequency of power outages and ensuring a smoother supply of electricity. (Source: The Hindu)
  3. India's transmission sector to see significant investment: India's transmission sector is expected to see significant investment in the next few years, with the government planning to invest ₹1.5 lakh crore in the sector. (Source: Business Standard)

Power Generation

  1. India's coal-based power generation declines: Coal-based power generation in India has declined by 10% in the first quarter of 2021-22, due to a decline in demand and increased use of renewable energy. (Source: Ministry of Power)
  2. India's nuclear power capacity to increase by 10%: India's nuclear power capacity is expected to increase by 10% in the next few years, with the addition of new reactors and the uprating of existing ones. (Source: Nuclear Power Corporation of India)
  3. India's gas-based power generation increases: Gas-based power generation in India has increased by 15% in the first quarter of 2021-22, driven by a rise in gas production and imports. (Source: Ministry of Power)

Policy and Regulation

  1. India's power ministry proposes new tariff policy: The Ministry of Power has proposed a new tariff policy, which aims to promote the use of renewable energy and reduce the cost of electricity for consumers. (Source: Business Standard)
  2. India's regulator proposes new norms for power distribution companies: The Central Electricity Regulatory Commission (CERC) has proposed new norms for power distribution companies, aimed at improving their financial health and reducing power outages. (Source: The Hindu)
  3. India's government plans to increase power sector investment: The government plans to increase investment in the power sector, with a focus on renewable energy and grid infrastructure. (Source: Ministry of Power)

These are just a few of the latest news and updates from the power sector. If you would like more information or specific updates on a particular topic, please let me know!