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Https://bdnews24.com/economy/e16deb3e2f7c
India projects biggest power shortfall in 14 years in June
India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation
India projects biggest power shortfall in 14 years in June
Labourers work next to electricity pylons in Mumbai, India, October 13, 2021. REUTERS
Sarita Chaganti Singh
Reuters
Published : 10 May 2024, 08:26 AM
Updated : 10 May 2024, 08:26 AM
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India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, its government told Reuters, and is racing to avoid outages by deferring planned plant maintenance and re-opening idled units.
The deficit also follows delays, a government source said, in the commissioning of 3.6 gigawatts (GW) of new coal-fired plants which had been targeted to be operational before March.
A peak shortage of 14 GW is forecast in June during nighttime hours, when solar capacity is offline, the Central Electricity Authority, the country's planning body for the power sector, told Reuters in a statement.
"The planning process relies on worst-case scenarios," it said.
The gap is the widest since 2009-10, according to publicly available government data. India's hydroelectricity output fell at the steepest pace in four decades in the year ended March 31, while renewable energy generation was flat.
Power Minister R K Singh held an emergency meeting last week to take stock of the situation, and decided to defer shutting down power plants for planned maintenance during June and revive 5 GW of idled coal plant capacity, two separate government sources present in the meeting said.
"All efforts have been made to maximise generation, and with the measures in place it is expected that the power demand would be adequately met during the day and the non-solar hours in the coming months including June 2024," the statement said.
A worker sprays water on grass inside a solar power plant in Gujarat, India, July 2, 2015. REUTERS
A worker sprays water on grass inside a solar power plant in Gujarat, India, July 2, 2015. REUTERS
Grid administrator Grid-India projects maximum night-time demand of 235 GW in June, the statement said. On the supply side, nearly 187 GW of thermal capacity is available, and about 34 GW from renewable sources, according to government sources.
The figures on power demand and capacity projections have not been previously reported.
The power ministry last month invoked emergency rights for the first time to direct gas-based and imported coal-based power plants to operate at full capacity.
India has long defended use of coal, but Prime Minister Narendra Modi's administration had slowed capacity growth based on the heavily polluting fuel to focus on the green energy transition, with an eye to meeting 2070 net zero emission goals.
Plans to set up new coal power plants in the country, which
Maybe this is the time for Bangla to give India back the desastrous Dyani plant.
... Let India have the electricity, and the capacity charge, and see if they will pay the exorbitant end price... No chance.
... This is Banglas ideal time to play a get out card, and "help out" theit neighborough in the process, a win win for both countries.
Redeyes - Dyani or Adani? Could they be the same people I wonder?
You're right though, it's simply bewildering that Bangla would sign such a financially corrupt deal with Adani and they need to find a way to cancel the deal. Let Adani try to exploit the same money from the India government which would not happen.
Phulbari permission linked to Solar Park development which they looking to include Bangla Govt as partner.
That satisfy Coal production to service power stations, Clean energy AND direct Bangla Govt involvement.
*Remember speculative gas exploration different from proven coal asset, funding clarity & timeframe!
Re: Solar Park - "Note that the business model relies on establishing a reliable domestic market for the Phulbari coal mines full production. Our business model also prop
Correction (what I was writing but finger slip) - "The Project also now plans to have an associated Solar Park that could be installed within a couple of years of Project approval.
Source: Final Results RNS 29/01/2024
You will note Energy Minisyers statements about Solar Power
Understand in context of IMMEDIATE Foreign Exchange crisis and common sense tell you they need guaranteed solutions in known timeframes.
"It is understood this New Plan is to prioritise the development of the Country's KNOWN COAL RESERVES and Exploration of defining new gas reserves.
*Now investor should think about timelines for both and emergency loans from China /IMF for FX reserve default likecwe hear on Wednesday
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