The electricity sector attracted the largest share of energy investments in 2017, surpassing the oil and gas industry for the second year in row, International Energy Agency (IEA) said today.
With the successful push for tapping the renewable energy, India, which once faced electricity shortage now has too much of it. India’s gross electricity capacity is much higher than the demand.
India can add about 3 million new jobs by 2030, provided 40 percent of the country’s electricity is generated through renewables, according to a report by IndiaSpend.
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Installing rooftop solar panels, or even buying power from a community rooftop solar plant, may make electricity bill payments cheaper, according to a recent study.
There will be no electricity supply in K-West, P-South, P-North, R-South, R-Central and H-West Wards covering areas of Vile Parle (West)
The share of renewable energy in India’s electricity mix is set to increase to around 55% by 2030, as the country continues to expand its installed capacity in the face of growing power demand, Power Minister RK Singh said.
After announcing dedicated police stations to register complaints related to power theft, the UP government is now toying with the idea of shaming non-performing power engineers by displaying their photographs in the offices of distribution companies and electricity substations.
The overall electricity demand from large-scale adoption of electric vehicles (EVs) in India is projected to touch 69.6 terawatt hours by 2030, helping power utilities earn an additional revenue of USD 11 billion, a report said today.
Power minister M M Mani has given strong hints about a possible hike in power tariff in the near future. The minister told the assembly on Tuesday that the government had no other option but to go for an increase in the power tariff since the KSEB had accumulated a debt of Rs 7,300 crore.
Cheaper electricity, combined with a lack of regulation to ensure efficient performance of air conditioners, is pushing up Delhi’s electricity demand to record levels.