peak-demand

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Karnataka to Procure 1.5 GW of Power on Short-term Basis to Meet Shortage

Reeling under an acute power shortage of up to 2,000 MW a day, Karnataka has been monitoring power demand and availability on an hourly basis and preparing to buy power...

October 16, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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BluPine and ACME Winners in RUVNL’s 1.2 GW Solar With Storage Auction

Solarcraft Power (BluPine Energy) and ACME Solar have emerged winners in Rajasthan Urja Vikas Nigam’s (RUVNL) auction to set up 1,200 MW of solar power projects anywhere...

August 9, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: NTPC’s Module Supply Tender for 1.46 GW of Solar Projects

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for the supply of solar modules for the Shajapur solar project (458.25 MW), Bhuj solar project...

June 5, 2023

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Mercom Staff

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Daily Wrap-up

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Other
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India Bets on Renewables to Meet Peak Demand, Will Pause Coal Installations

The Central Electricity Authority’s (CEA) National Electricity Plan (NEP) proposes the development of over 8.68 GW of battery energy storage systems in place of...

June 2, 2023

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Arjun Joshi

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Other

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Renewable Energy
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CEA Says India’s Solar Generation Capacity to Surpass Thermal by FY 2030

The Central Electricity Authority (CEA) has estimated that India’s solar capacity at 292.6 GW will surpass the thermal generation capacity of 276.5 GW (251.7 GW of...

May 5, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Power Ministry’s Planning Led to Highest-Ever Budgetary Allocation: Committee

Allocation in the Union Budget 2023 to the Ministry of Power has increased 29% to over ₹160 billion (~$2 billion), the highest ever for the ministry, the parliamentary...

March 23, 2023

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Sumit Jha

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Markets & Policy

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Tenders & Auctions
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India’s Projected Renewable Capacity During 2027-32 to Cost $153 Billion

The estimated funding requirement for renewable capacity addition in line with Draft National Electricity Plan released by Central Electricity Authority (CEA) will be...

January 17, 2023

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Sumit Jha

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Finance and M&A

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Other

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Renewable Energy
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Peak Power Demand Touches All-Time High of 201 GW

The all-India peak power demand touched an all-time high of 201.066 GW on April 26, 2022, surpassing the peak power demand of 200.539 GW met on July 7, 2021. According...

April 27, 2022

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B.S. Nagaraj

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Demand Response

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Grid
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India Likely to Have an Energy Surplus of 5.8% in FY 2019-20: CEA

In its latest load generation balance report (LGBR), the Central Energy Authority (CEA) has projected that India’s anticipated power supply position for the year 2019-20...

December 9, 2019

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Nithin Thomas

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Grid

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Market & Policy
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Southern and Western Regions of India Recorded Zero Power Supply Deficit in Q1: CEA

During the first quarter (Q1) of the financial year (FY) 2019-20, India’s power supply increased slightly with the power deficit declining to 0.4% from the 0.6% recorded...

July 18, 2019

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Pratheeksha

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Mercom Research Focus

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Other
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India’s Peak Power Deficit During FY 2018-19 Was 0.6%

India’s power supply deficit stood at 0.6% during the financial year (FY) 2018-19, just 0.1% down from the figures reported during FY 2017-18. During FY 2018-19, 1,267,...

April 17, 2019

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Pratheeksha

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Mercom Research Focus

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Other
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All India Peak Power Demand Increased 5% Year-over-Year Touching 169 GW in March 2019

In March 2019, the peak demand touched a high of 169 GW pushing power prices up. According to the Indian Energy Exchange (IEX), the all India peak demand touched 169 GW...

April 9, 2019

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Saumy Prateek

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Grid

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Utilities
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Spot Power Price Dips to ₹3.08/kWh in February 2019, a 4% Decline YoY

For the second month in a row, the peak power demand in India stood at 162 GW. According to the Indian Energy Exchange (IEX), the all India peak demand touched 162 GW in...

March 14, 2019

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Saumy Prateek

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Demand Response

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Grid
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India Records Power Supply Deficit of 0.6 Percent During Apr-Sep 2018

India recorded an overall average power supply deficit of 0.6 percent during the six-month period between April to September 2018, according to the Central Electricity...

November 1, 2018

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Saumy Prateek

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Grid

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Utilities
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India’s Peak Power Supply Deficit Dipped to 0.7% in Q1 FY 2018-19

During the first quarter (Q1) of financial year (FY) 2018-19, India’s power supply deficit declined to 0.6 percent, according to the Central Electricity Authority (CEA)....

August 2, 2018

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Saumy Prateek

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Demand Response

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Grid

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