India Pushes $3.3B Coal Equipment Orders
COAL & MINING

India Pushes $3.3B Coal Equipment Orders

In a move to ensure energy security and enhance power generation capacity, India has instructed utilities to order $3.3 billion worth of equipment this year to boost coal power output. This directive aims to increase coal-fired electricity production and meet the growing demand for energy in the country.

The Indian government has taken this step to ensure an uninterrupted power supply, especially during peak demand periods. The order involves the procurement of critical equipment for coal-based thermal plants, including turbines, boilers, generators, and other auxiliary machinery. This initiative aligns with the government's broader strategy to strengthen the country's infrastructure and energy capacity.

India relies heavily on coal for its electricity needs, with thermal plants accounting for a significant portion of its power generation. Despite global efforts to shift towards cleaner energy sources, coal remains a crucial component of India's energy mix due to its abundance and cost-effectiveness. The government's push for substantial equipment orders is seen as a measure to improve the efficiency and reliability of existing coal-fired power plants.

This procurement drive is expected to not only enhance power generation but also support domestic manufacturing and job creation. Indian utilities are encouraged to source equipment from local manufacturers, boosting the "Make in India" initiative. This move will also help reduce the country's dependence on imported machinery and foster self-reliance in the energy sector.

The Ministry of Power has outlined a detailed plan for the implementation of these orders, emphasizing timely execution and adherence to quality standards. Utilities are required to expedite the procurement process and ensure that the new equipment is installed and operational by the end of the year. This aggressive timeline underscores the urgency of bolstering India's power generation capabilities.

While the global trend is moving towards renewable energy, India's focus on enhancing coal power output reflects the country's immediate energy needs and the challenges of transitioning to cleaner sources. The government's initiative to order $3.3 billion in equipment is a significant step towards stabilizing the power supply and supporting economic growth.

In conclusion, India's directive to order $3.3 billion worth of equipment for coal power plants is a strategic move to ensure energy security, support domestic manufacturing, and enhance power generation capacity amidst growing demand.

In a move to ensure energy security and enhance power generation capacity, India has instructed utilities to order $3.3 billion worth of equipment this year to boost coal power output. This directive aims to increase coal-fired electricity production and meet the growing demand for energy in the country. The Indian government has taken this step to ensure an uninterrupted power supply, especially during peak demand periods. The order involves the procurement of critical equipment for coal-based thermal plants, including turbines, boilers, generators, and other auxiliary machinery. This initiative aligns with the government's broader strategy to strengthen the country's infrastructure and energy capacity. India relies heavily on coal for its electricity needs, with thermal plants accounting for a significant portion of its power generation. Despite global efforts to shift towards cleaner energy sources, coal remains a crucial component of India's energy mix due to its abundance and cost-effectiveness. The government's push for substantial equipment orders is seen as a measure to improve the efficiency and reliability of existing coal-fired power plants. This procurement drive is expected to not only enhance power generation but also support domestic manufacturing and job creation. Indian utilities are encouraged to source equipment from local manufacturers, boosting the Make in India initiative. This move will also help reduce the country's dependence on imported machinery and foster self-reliance in the energy sector. The Ministry of Power has outlined a detailed plan for the implementation of these orders, emphasizing timely execution and adherence to quality standards. Utilities are required to expedite the procurement process and ensure that the new equipment is installed and operational by the end of the year. This aggressive timeline underscores the urgency of bolstering India's power generation capabilities. While the global trend is moving towards renewable energy, India's focus on enhancing coal power output reflects the country's immediate energy needs and the challenges of transitioning to cleaner sources. The government's initiative to order $3.3 billion in equipment is a significant step towards stabilizing the power supply and supporting economic growth. In conclusion, India's directive to order $3.3 billion worth of equipment for coal power plants is a strategic move to ensure energy security, support domestic manufacturing, and enhance power generation capacity amidst growing demand.

Next Story
Building Material

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Next Story
Real Estate

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Next Story
Infrastructure Energy

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?