India needs $385 bn to meet 500GW renewable energy target
While the strong growth in India's renewable energy capacity is likely to continue, coal will remain an important source of electricity generation in the next 8-10 years, says Moody's.
While the strong growth in India's renewable energy capacity is likely to continue, coal will remain an important source of electricity generation in the next 8-10 years, says Moody's.
India's summer worries on shortage of power due to coal availability may be in check this year as overall coal production has increased by over 12% so far in FY24.
The gross generation from a total capacity of 6,780 MW dropped to 45,855 million units in FY23 against 47,112 million units generated in FY22.
For 2026-27, the likely installed power generation capacity is 6,09,591 MW (Megawatt).
The Repowering Policy for Wind Power Projects will replace older, smaller wind turbines with higher capacity ones. Here's what needs to be fixed first.
CEA's provisional data up to November 2022 shows the total energy requirement was 1017 BU and the availability was 1012 BU, a fall of just 5,691 million units or -0.6%.
Economic recovery and low base effect are poised to push power generation to its sharpest recovery in years.
The distribution side of the business will continue to be its weakest link until the Electricity (Amendment) Bill 2021 is passed in Parliament.
It is the time of the year to start chasing dark clouds over the Arabian Sea. Normal rains will offset the demand recession induced by the pandemic and wash away a lot of the country’s woes.