India invokes emergency law for coal-based power plants to up output
POWER & RENEWABLE ENERGY

India invokes emergency law for coal-based power plants to up output

According to an internal power ministry notification, India has invoked an emergency statute to require power plants that use imported coal to maximise output ahead of a predicted record rise in electricity usage this summer.

Many of India's power plants that use imported coal, particularly those owned by Adani Power and Tata Power in the western state of Gujarat, have recently not functioned at full capacity due to the difficulty of competing with power generated from inexpensive domestic coal.

The ministry stated in the notification given to all imported coal-based power plants that it expects them to operate at full capacity and sell power to purchasers on exchanges. The capacity of India's imported coal plants totals 17 GW.

The directive takes effect on March 16, providing companies enough time to import coal ahead of the predicted rise in demand. That would be valid until June 15.

The variable tariff for these facilities will be determined by a government-appointed panel, according to the notification, and the panel will use the index with the lowest cost of imported coal to calculate the variable tariff for each facility.

The ministry anticipates a peak demand of 229 GW in April, and to meet that demand, India will need to operate 193 GW of thermal capacity that month, according to the notice.

India forecasts its power plants to burn approximately 8% more coal in the fiscal year ending March 2024, as growing economic activity and variable weather continue to drive increases in power demand.

The state of emergency has been declared for the second time in two years.

Also Read
Bahrain's Metro: DMRC selected for pre-qualification tender process
ReNew to sell minority stake in C&I projects

According to an internal power ministry notification, India has invoked an emergency statute to require power plants that use imported coal to maximise output ahead of a predicted record rise in electricity usage this summer. Many of India's power plants that use imported coal, particularly those owned by Adani Power and Tata Power in the western state of Gujarat, have recently not functioned at full capacity due to the difficulty of competing with power generated from inexpensive domestic coal. The ministry stated in the notification given to all imported coal-based power plants that it expects them to operate at full capacity and sell power to purchasers on exchanges. The capacity of India's imported coal plants totals 17 GW. The directive takes effect on March 16, providing companies enough time to import coal ahead of the predicted rise in demand. That would be valid until June 15. The variable tariff for these facilities will be determined by a government-appointed panel, according to the notification, and the panel will use the index with the lowest cost of imported coal to calculate the variable tariff for each facility. The ministry anticipates a peak demand of 229 GW in April, and to meet that demand, India will need to operate 193 GW of thermal capacity that month, according to the notice. India forecasts its power plants to burn approximately 8% more coal in the fiscal year ending March 2024, as growing economic activity and variable weather continue to drive increases in power demand. The state of emergency has been declared for the second time in two years. Also Read Bahrain's Metro: DMRC selected for pre-qualification tender process ReNew to sell minority stake in C&I projects

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?