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EL Nino to hit India's energy system harder than anywhere else in world: CREA report
India's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning. A CREA analysis predicts a potential 18 TWh generation gap, likely leading to a surge in coal-fired power and substantial CO2 emissions. The report stresses the urgency of accelerating solar and battery deployment to bolster grid resilience against extreme weather.
El Nino threatens to fuel coal power surge in India, study says
A potential super El Niño could put more pressure on India's power grid than any other country's and slow its transition away from coal, according to a new report by the Centre for Research on Energy and Clean Air (CREA).
Power Grid Share Price Live Updates: Power Grid's Trading Volume Insights
India's power sector enters "value chain" reset led by transmission, storage and demand growth: Report
India's power sector is undergoing a overhaul, with transmission infrastructure and energy storage identified as key drivers for the next decade. Projections show installed capacity soaring to 900GW by FY32, supported by continued coal use and a surge in renewables. This expansion hinges on deploying increased energy storage to manage grid stability and meet rising demand from industries and new sectors.
Power Grid Share Price Live Updates: Power Grid's performance shows a slight decline
Power Grid Share Price Live Updates: Power Grid's recent performance shows negative returns
MNRE opposes uniform DSM norms for renewable projects
The Ministry of New and Renewable Energy is pushing for a distinct deviation settlement mechanism for wind and solar projects, arguing they shouldn't face the same penalties as conventional power plants. Renewable energy's weather-dependent nature necessitates a tailored approach, the ministry stated, to avoid increasing financial risks and impacting project viability. They advocate for a graded system considering forecasting and grid readiness.
Bijay Kumar Mohanty assumes additional charge as CMD, IREDA
India's state owned Indian Renewable Energy Devlopment Agency (IREDA) on Wednesday, says its director of Finance, Bijay Kumar Mohanty who has assumed additional charge of Chairman and Managing Director on July 1. He's a fellow member at of the Institute of Cost Accountants of India and has 27 years of experience in the Indian power sector, where he worked with the Central Electricity Supply Company of Odisha Ltd (CESCO) and Grid Corporation of Odisha Ltd (GRIDCO).
Power Grid Share Price Live Updates: Power Grid Reports Negative Weekly Returns
Transformers and Rectifiers bags order worth Rs 1,000 cr from Power Grid Corporation of India
Transformers and Rectifiers (India) Limited has secured a significant order exceeding Rs 1,000 crore from Power Grid Corporation of India Ltd (PGCIL). This "ultra mega order" involves the manufacturing of various rated transformers and all associated work. The substantial deal highlights a major development for the company in the power infrastructure sector.
Transformers & Rectifiers India bags ultra-mega order above ₹1,000 crore from Power Grid
The company said it has secured an order worth more than ₹1,000 crore from Power Grid Corporation to manufacture and supply transformers, with the project to be completed over the next 30 months.
Transformers & Rectifiers Shares Jump Over 7% After Securing Rs 1,000-Crore Power Grid Order
TARIL shares surge on big order win from PowerGrid