Amid concerns from thermal power plants over inadequate supply of fuel, Coal India Ltd (CIL) on Friday reported that it has produced 329.30 million tonnes during the April to November period, missing its target by five per cent.
Despite the steady growth in coal-based electricity generation, the fortunes of the producers haven’t seen a noticeable improvement.
Gradual uptick in the GDP and increased economic activities, backed by various government schemes such as Saubhagya and Udaya, are bound to increase the base demand of power in coming quarters, Ashwani Kumar, CEO, IL&FS Energy Development Company, tells Vikas Srivastava in an interview.
After a considerable decline in the demand for thermal power, the short supply of coal has made the situation worse for the National Thermal Power Corporation (NTPC), Simhadri unit in Visakhapatnam.
As world energy markets transform at an unprecedented rate, India is at the forefront of the shift towards profitable renewables given that the country’s solar belt has the potential of 749 GW for power generation.
Singapore-based power producer Sembcorp Industries Ltd is preparing to list its Indian unit, according to two people aware of the plan.
State-owned power equipment maker BHEL today said it will create a diversified portfolio for its next wave of growth that will include areas like solar energy, transportation and water business.
Secretary, Ministry of Coal Susheel Kumar reviewed the coal supply position to the Thermal Power Plants in the country. The meeting was attended by CMD CIL and all the CMDs of the subsidiary companies of CIL.
NTPC announced that 40 MW out of 50 MW of Rojmal Wind Energy Project of NTPC in Gujarat has been commissioned.
Private thermal projects are staring at muted power demand, which is the effects of non-remunerative tariffs partly due to aggressive bids and some adverse perception due to falling renewable tariff