Energy | Business Upturn

Trump says Germany should focus on Ukraine, migration and energy instead of Iran criticism

Rashmi Pandey — Thu, 30 Apr 2026 14:00:30 +0000

U.S. President Donald Trump said the German chancellor should spend more time trying to end the war between Russia and Ukraine and fixing Germany’s domestic problems, including immigration and energy, instead of interfering in efforts to deal with the Iran nuclear threat.

Trump’s comments came amid a widening public dispute with German Chancellor Friedrich Merz, who had earlier criticized U.S. handling of the Iran conflict. Trump responded by saying Berlin should focus on its own challenges rather than pressing Washington over Iran-related policy.

According to recent reporting, Trump has also threatened to review the U.S. troop presence in Germany after Merz said the Iran war had “disgraced” the United States and questioned Washington’s strategy. The remarks added to tensions between the two leaders, who have increasingly clashed over Iran, Ukraine and transatlantic security issues.

The German side has been critical of Trump’s approach to sanctions and military pressure, with Berlin previously objecting to U.S. plans to ease oil sanctions on Russia and Iran. Trump’s latest comments suggest he sees Germany as overstepping while Washington is trying to manage Iran’s nuclear ambitions and regional stability.

The dispute also comes against the backdrop of broader disagreement over the war in Ukraine. Trump has repeatedly urged European leaders to take a harder line on migration, energy policy and security spending, while also insisting that the United States must focus on what he views as core strategic priorities.

For now, Trump’s message to Germany is blunt: deal with your own domestic problems and leave Iran policy to Washington.

Adani Power achieves top 80 percentile in global electric utilities for sustainability

Matrika Shukla — Thu, 28 Nov 2024 11:18:13 +0000

Adani Power Ltd., a leading player in India’s energy sector and part of the Adani Group, has made remarkable strides in its commitment to sustainability. The company has secured an exceptional score of 67 out of 100 in the Corporate Sustainability Assessment (CSA) by global rating agency S&P Global for the fiscal year 2023-24. This places Adani Power in the top 80 percentile of all global electric utilities.

In comparison to the sectoral average score of 42, Adani Power’s score of 67 marks a significant improvement from the company’s own score of 48 in FY23. Notably, the company ranked in the top 100 percentile in key areas such as Human Rights, Transparency & Reporting, Water, and Waste & Pollution. In Energy, Occupational Health & Safety, and Community Relationship, Adani Power also secured a position in the top 90 percentile, reflecting the company’s robust sustainability practices.

The S&P Global CSA Score, now synonymous with the S&P Global ESG Score, evaluates a company’s environmental, social, and governance (ESG) performance based on its disclosures, media analysis, and stakeholder engagement. This prestigious recognition is a testament to Adani Power’s dedication to integrating ESG principles into its operations and advancing sustainability across its business model.

As India’s largest private thermal power producer, Adani Power operates a total thermal power capacity of 17,510 MW across several states including Gujarat, Maharashtra, Karnataka, and Rajasthan, along with a 40 MW solar power plant in Gujarat. With a focus on leveraging technology and innovation, the company aims to provide high-quality, affordable electricity while contributing to India’s vision of becoming a power-surplus nation.

The NHPC and APGENCO plans to set up 2 hydel, renewable energy projects in Andhra Pradesh

Dixita Hazarika — Fri, 25 Aug 2023 04:08:18 +0000

According to an official statement, state-owned NHPC has inked an initial pact with the Andhra Pradesh Power Generation Corporation to set up pumped storage hydropower and other renewable energy projects in Andhra Pradesh. In the first phase, the Memorandum of Understanding (MoU) envisages building of two pumped hydro storage projects having a total capacity of 1,950 MW.

These projects are going to be established at Kamalapadu (950 MW) and Yaganti (1,000 MW).

Once it’s done, these projects are anticipated to create significant employment opportunities and increase the local economy. As a joint venture, the projects are going to be implemented.

According to a statement, NHPC has signed the MoU with Andhra Pradesh Power Generation Corporation (APGENCO) to implement the pumped hydro storage projects and renewable energy projects in Andhra Pradesh,.

On Wednesday, at Tadepalli in Andhra Pradesh’s Guntur, the MoU was signed in the presence of Chief Minister Y S Jagan Mohan Reddy. NHPC Director (Finance) R P Goyal and APGENCO Managing Director K V N Chakradhar Babu signed the agreement.

The MoU aims to achieve the national objective of generating clean and green energy of 500 GW by 2030 from non-fossil fuel sources and of realising the net-zero target by 2070.

The pumped storage system uses surplus grid power available from thermal power stations or other sources for pumping up water from lower to upper reservoir and then it produces electricity during peak demand.

Find out what Dark Feminine Energy actually is & how you can tap on it

Dixita Hazarika — Sun, 20 Aug 2023 18:37:38 +0000

You might have been seeing a lot of posts on Instagram lately on dark feminine and light feminine energy and influencers as well as users teaching how to tap on it. But what exactly does the term ‘dark feminine energy’ mean and can anyone really tap into it?

Well, in this article, I will be answering these questions as well as tell you how to tap on it.

So, first of all, the term ‘dark feminine energy’ is all about challenging the boundaries that determine how women are perceived and valued. It means embracing the profound duality present in femininity, than just celebrating women for their gentleness, passivity, and nurturing behaviours. Every woman has both light and shadow and it’s about accepting both sides, especially the shadow side without feeling ashamed or judged. Every woman deserves to be accepted as a whole, without judgement.

Second, yes anyone can tap on it.

But, first let’s see the difference between light feminine and dark feminine energy.

So, the light feminine energy is all about tender behaviours, compassion, nurture, kindness etc. And the dark feminine energy is all about rage, raw emotions, passion, fearlessness, assertiveness etc.

Coming on to how to tap on it, well you can follow the following steps :

Connecting yourself to nature –

Take your shoes off, feel your innate connection to Mother Earth as you walk on the ground. Take the time to ground yourself and understand the natural surroundings around you. Connect with this amazing force.

Do shadow work –

Shadow work is one of the most important steps to follow if you want to embrace your dark femininity. It’s a way of self reflection and introspection. Reflect on all the emotions you have, the suppressed ones, the fears, desires etc. Own these parts of yourself without hesitation. Remember, it’s all a part of you.

Journaling –

Use the journaling method to express yourself. You can even write affirmations to connect with your dark feminine energy. Allow yourself to express fully without being judged.

Meditation –

There are lots of guided meditation on YouTube which can help you connect to your dark feminine energy. Listen to those meditations while using crystals which are associated with this energy.

Do full moon rituals –

Engage in full moon rituals like practicing full moon affirmations or manifestations.

Embrace your darker aspects –

The qualities you have is what makes you ‘you’. Embrace those qualities. The assertiveness, suppressed emotions, rage etc. all these are valid emotions. Allow yourself to accept and embrace it with love.

Suzlon secures 100.8 MW order from Everrenew Energy

Dixita Hazarika — Fri, 14 Jul 2023 13:08:59 +0000

On Friday, Suzlon Group, which is a renewable energy solutions provider, in a statement said that it has secured an order of 100.8 MW wind power project from Everrenew Energy.

Everrenew Energy is a renewable energy company which provides a one-stop project management solution for wind and solar farm development. Its services include wind resource assessment, solar assessment, site identification, permit & approval, land acquisition and development, civil, procurement & logistics, commissioning, and asset management.

It also stated, “Suzlon will install 48 wind turbine generators (WTGs) of their S120 – 2.1 MW wih a Hybrid Lattice Tubular tower at Velliyanani Phase II in Karur district and Vengaimandalam in Trichy in Tamil Nadu and the project is expected to be commissioned in March 2024.”

The company will be supplying the wind turbines (equipment supply) and supervising the execution and commissioning of the project. A project of this size can provide electricity to 65,000 households and curb 2.58 lakh tonne of CO2 emissions per year.

Venkatesh R, the Chief Executive Officer of Everrenew Energy Private Limited said, “Suzlon’s commitment to ‘Aatmanirbhar Bharat’ is reflected in their ‘Made-in-India’ products which complement our ideology. We are focussed on increasing adoption of renewable energy in the C&I segment and powering their energy transition journeys. We look forward to creating many landmark renewable energy projects in the future.”

India committed to thermal capacity expansion to fulfill energy demands: Minister R. K. Singh

Kashvi Basu — Tue, 20 Jun 2023 17:09:30 +0000

The Union Power & New and Renewable Energy Minister R. K. Singh on 20th June said that India would not hesitate to increase its thermal power generation capacity to meet the country’s growing energy requirements.

He addressed a couple of media events in New Delhi where he underscored the government’s commitment to strike a balance between renewable energy expansion and the necessity of thermal power. He emphasized that the government has been relentlessly working on ensuring energy access, enhancing energy efficiency, promoting energy sustainability, and ensuring energy security as the four pillars guiding India’s energy sector trajectory. While keeping in mind the high costs associated with renewable energy storage, RK Singh highlighted the government’s efforts to encourage the development of Pumped Hydro Power Projects. These projects are expected to play a significant role in balancing renewable energy intermittency

“Huge capacities of Pumped Hydro projects are coming up. At the same time, we need to build batteries for grid storage. We need to have another PLI scheme for grid scale storage, so that we can augment capacity and have round-the-clock renewable energy. We will keep adding storage to ensure that demand goes up and investment keeps happening,“ he added. It was highlighted that the potential for diversification of supply chains using technologies like sodium-ion batteries and the export of around 50 GW of battery storage capacity.

Government asks power plants to not go for Planned Outage in April & May

United News of India (UNI) — Tue, 14 Mar 2023 14:30:19 +0000

New Delhi, March 14: Amid forecasts of a hot summer and peak power demand reaching 230 GW, the government has directed thermal power plants (TPPs) to not go for any planned outage during April and May this year.

In written reply to a question in Rajya Sabha on Tuesday, Power Minister RK Singh listed out various measures taken by the government to avert power crisis and noted that coal stock available at coal-fired thermal plants is sufficient to run the plant for 12 days at a requirement of 85% plant load factor (PLF).

“As on 05.03.2023, the coal stock available at these TPPs is about 34 MT, which is sufficient to run the plant for 12 days at a requirement of 85% PLF. This is about 50% of the coal stocking norms issued by Central Electricity Authority,” the Minister said.

As part of advance planning ahead of summer, Ministry of Power (MoP) last month issued directions to imported coal based plants under Section 11 of Electricity Act to operate and generate power to their full capacity.

“MoP has directed thermal power plants to not take any planned outage during April and May 2023,” the Minister said.

He also said that MoP has approved a mechanism for operationalisation of around 5000 MW gas based power plants for 18 days during crunch period (Apr-May 2023).

State-run power producer NTPC is planning to import around 5.4 million tons of coal for its group stations to meet domestic coal supply shortage during first half of Financial Year 2023-24, according to the written reply.

Coal production increased by over 11% to 82.87 million tonnes in December

Aryan Jakhar — Thu, 05 Jan 2023 13:07:54 +0000

According to a statement from the Ministry of Coal, India’s coal production increased 10.81% from a year ago to 82.87 million tonnes (MT) in December from 74.79 million tonnes.

When compared to other captive mines and Singareni Collieries Company Limited (SCCL), production at Coal India Ltd (CIL) increased by 10.30%, 19.12%, and 9.01%, respectively, in December.

According to the coal ministry, four mines generated between 80 and 100 percent of their total output, and 28 coal mines produced more than 100% of their total capacity.

In December, coal dispatches increased 5.28% year over year to 78.91 MT.

“During December 2022, CIL , SCCL and captive mines/others registered a growth of 3.57%, 17.89% and 8.85% by despatching 62.72 MT, 6.72 MT and 9.46 MT respectively. Power utilities despatch has increased by 4.26% to 65.65 MT during December 2022,” the ministry said.

Production of coal from April through December increased by 16.39% year over year to 607.97 MT.

In comparison to the same period last year, CIL recorded coal production of 479.05 MT up to December of FY23, an increase of 15.82%.

The coal ministry has put 141 additional coal blocks up for auction in order to increase the country’s capacity for producing coal. It has also been communicating regularly with different coal companies and keeping an eye on their output.

As part of the MMDR (Amendment) Act of 2021, the government also changed the Mineral Concession (Amendment) Rules of 1960 to permit lessees of captive mines to sell up to 50% of the total excess production of coal or lignite after fulfilling the needs of the end-use plant.

Sardar Sarovar Dam’s hydropower output doubles this year

Aryan Jakhar — Sun, 25 Sep 2022 06:01:32 +0000

According to the news agency PTI, the Sardar Sarovar dam in Gujarat’s Narmada district has produced nearly twice as much hydropower this year as it did during the same period last year, or about 2,142 million units (MUs).

According to the official data, August made the biggest contribution. The India Meteorological Department reports that this monsoon season has brought more rain than normal to Gujarat and Madhya Pradesh (IMD).

According to information provided by the Sardar Sarovar Nigam Limited (SSNNL), of the 97,410 sq km total basin area of the Narmada river, 85,858 sq km are located in Madhya Pradesh and 9,894 sq km are located in Gujarat.

According to sources from PTI, 2,142 MUs of power were produced from the River Bed Power House (RBPH) turbines at the dam in Kevadia up until September 20 of this year as opposed to 1,129 MUs up until the end of September of 2021.

1,849 of these 2,142 MUs were produced during the monsoon months of July, August, and September. The SSNNL data showed that August was the most productive month for the RBPH this year, producing 901.298 MUs of power.

According to SSNNL Chief Engineer KR Parikh, exceptionally good rains have caused a significant increase in the amount of water released from Madhya Pradesh compared to last year. Power generation has increased as a result of the dam’s height increasing since 2017, he added.

The amount of power produced in the fiscal year 2021–2022 was 923.7 MUs. The RBPH produced 1,265.28 MUs of electricity over the entire year 2021. According to the data cited by PTI, the RBPH generated 5,216.80 MUs in FY 2013–14, which was an all-time high.

“We cannot say how long the inflow of water will continue from Madhya Pradesh and how long the overflow will continue. There is no such forecast, so we cannot say with certainty regarding RBPH power generation breaking the all-time record,” he added.

Currently, the RBPH and Canal Head Power House (CHPH) of the Sardar Sarovar Hydro Electric Project (SSHEP) have installed capacity of 1,200 MW and 250 MW, respectively. According to the data, the CHPH produced 589.3 MUs of power up until September 20 of this year.

RIL keen on buying shares of EV tech firm Altigreen

Mymun Malik — Thu, 10 Feb 2022 05:10:02 +0000

Reliance New Energy Limited (RNEL), a sister concern of Reliance Industries Limited today has announced it is signing a contract with Altigreen Propulsion Labs Private Limited. RNEL has taken the subscription of 34000 series A Convertible Preference Shares of order value ₹ 50 crores.

Mr. Mukesh Ambani had committed to invest $ 76 billion in renewable energy and the like over the next 3 years (2022 to 2025), so this is the RNEL’s strategic business intent of joining hands with the innovative companies in Electric Vehicles, New Mobility and New Energy ecosystems.

Interestingly for the RNEL and Altigreen’s negotiation, a regulatory of governments approval is not required and the settlement is expected to be completed before March 2022; RIL mentioned.

Altigreen is based out of the capital city of Karnataka, Bengaluru. It is into electric vehicle (EV) technology and provides solutions for the same. It helps in the commercial last-mile logistics with its two, three and four-wheeled vehicles.

NTPC reports net profit of Rs ₹4,131.99 crore in Q3

Vineet Jain — Sat, 29 Jan 2022 14:24:58 +0000

National Thermal Power Corporation (NTPC) increased its combined net profit by more than 19% to Rs 4,626 crore in the 3rd quarter of the present fiscal year.

In the previous year’s similar quarter, it made a combined profit of Rs 3,876.36 crore. It should be remembered that the business recorded a total profit of Rs 3,315 crore and combined revenue of Rs 24,509 crore during a similar period the previous year. The net profit for the third quarter was Rs 3,212 crore, while the combined revenues were Rs 28,329 crore.

The NTPC board members agreed on Saturday, among other things, to give a dividend payout of 40% (Rs 4 per share) on the full price of paid-up equity stock of Rs 10 each for the fiscal year 2021-22. In a second statement, NTPC said that its board members had accepted an asset monetization plan to spin off the firm’s recognized renewable power facilities, as well as NTPC Renewable Energy Ltd, into a wholly-owned subsidiary.

In the third quarter, the business got 52.81 million metric tonnes (MMT) of coal, compared to 45.56 MMT a year before. Likewise, coal imports increased to 0.52 million metric tonnes in the quarter, up from 0.26 million metric tonnes in the previous quarter.

The NTPC Group’s total electricity production capacity climbed to 67,757.42 Megawatts on December 31, 2021, up from 62,975 Megawatts the previous year.

5 useful tips to keep your solar panels going strong for years to come

News Desk — Fri, 24 Sep 2021 12:38:33 +0000

The best thing about solar panels is that they are durable and easy to maintain. Usually, solar panels last anywhere between 20 to 25 years. And while solar panels are already designed for longer life cycles and higher efficiencies, here are a few simple tips that will help you get the best out of your solar panels and to keep them strong for years to come. Let’s see what these tips are.

1. Make Sure The Solar Panels Aren’t Corroded

Make sure you check the solar panels for corrosion due to rust, weathering and any other damages at least two times a year. In case you live by the sea, you may want to check more often. Let’s say every three months.

Even the highly rust-resistant panels are subject to rust in case the vacuumed sealed back sheet develops any cracks. Also, rust can reduce the efficiency of your solar panel system. What’s worse, if left unattended, the rust may even lead to a safety hazard. So if you see any signs of rust, weathering or any other damage to your solar panel, immediately call an expert for a checkup.

2. Check Wiring For Damages

Any damage to the wiring can cause serious electrical hazards. To avoid the same, you need to check the wirings on a regular basis. Make sure they are not damaged and are not exposed to dirt or water.

Also, solar panels can be a home to birds that may try to nest underneath them. Similarly rodents such as rats, squirrels, beavers may cause damage to the wiring. So besides the regular checkups make sure you keep an eye on the wiring for any damages whatsoever.

3. Keep Your Solar Panels Clean

If your solar panels are installed at an angle it won’t be a problem to maintain them. A bi-annual cleanup should suffice as the panels will get washed by the natural rainfall and it will take care of the dust, debris, bird drops and other pollutants. You can simply rinse the panel with a garden hose. In case there are stains that are hard to remove, you may use warm soapy water and a soft brush to clean it up.

If you have to get onto the solar panels to clean them, make sure it is safe. Also, if the weather’s hot, start early morning or late afternoon to try finishing the work during the cooler parts of the day. You may also get the expert to do the job for you while they are there for a routine check up.

4. Ensure Access To Isolator Switches Are Clear

Your isolator switch is an important part of your solar power system. Make sure you have clear access to your isolator switch as it is this switch that will help you disconnect the solar power system, in case there’s any emergency.

You would also need this switch at the time of maintenance, repairs or upgrades. To ensure that this switch is easily accessible, make sure you don’t store anything in front of this switch.

5. Get Routine System Fault Checks Done.

Do you know system faults can be life hazardous? To avoid all risks, you must keep a check on your solar inverter panel for any such indications. Your solar inverter manufacturer would have provided a handbook that explains what different indicators indicate and what if any of there’s a change in color in any of these indicators. Similarly, if you are experiencing any drop in panel efficiency or any such issue then you must get the system checked ASAP.

Want to buy a new solar panel?

Whether you want to buy a new solar panel or upgrade your existing one, you should go with a reputable brand like Luminous India. It’s a name synonymous with quality products. Also, you get to choose from a wide range of products that are available at reasonable prices.

Net profit jumps 500% to Rs 1,529.92 crore – GAIL India

Shivya Kumar — Thu, 05 Aug 2021 16:05:58 +0000

The nation’s largest gas marketer and transporter, GAIL India is estimated to achieve a 500 per cent jump in its June belt net gain on higher sales and margin boost on gas and petrochemicals. The increase in the income is especially on account of higher bodily overall performance in natural gas marketing and transmission, stepped forward margins in fuel advertising due to beneficial market conditions, and better fee cognizance in petrochemicals and liquid hydrocarbons.

GAIL is likewise expanding polypropylene manufacturing ability using putting in 500,000 tonnes PDHPP Unit at Usar (Maharashtra) and 60,000 PP unit at Pata (Uttar Pradesh) with an approximate investment of Rs 10,000 crore.

Net earnings of Rs 1,529. 92 crore in April-June was up from Rs 255.51 crore within the equal duration a year back. However, the income gain was lower than Rs 1,907.67 crore income in the preceding January-March region. The April-June 2020 zone turned heavily impacted with the aid of muted economic foreplay and restrained mobility because of a nationwide coronavirus lockdown.

With an increase within the extent of gas transported via GAIL pipelines, the profitability from the business at Rs 914.90 crore turned into up 27 % year-on-year but a 3.6 per cent decrease over the preceding area.

Margins on gasoline sales helped the organization report a segment profit of Rs 377.61 crore from a loss of Rs 545.46 crore closing 12 months. It was higher than Rs 280.89 crore profit within the preceding zone.

Profit from the petrochemical enterprise at Rs 138.30 crore as compared with a loss of Rs 154.43 crore a final year. The natural gas transmission and natural gas marketing quantity accelerated through 19 % and 18 % respectively as compared with the corresponding sector inside the previous year. The quantity increase is because of the normalcy of the business sports as against national lockdown in the course of Q1 FY21. Turnover rose 44 per cent to Rs 17,386.63crore.

The company alongside its joint ventures is executing pipeline tasks of around 8,000 km with a funding of around Rs 38,000 crore. During the present-day financial year, GAIL has a capital expenditure plan of Rs 6,600crore. GAIL is also exploring possibilities for increasing its footprint in renewables as said by Manoj Jain, chairman and managing director of GAIL India.

PM Modi to be presented with global energy and environment leadership award

Sanah Shah — Sat, 27 Feb 2021 08:03:21 +0000

Prime Minister Narendra Modi will be granted the CERAWeek global energy and environment leadership award while attending an annual international energy conference next week.

PM Modi along with that, will convey the keynote address at the CERAWeek Conference-2021, which will be conducted virtually from 1st to 5th March, its organizer, IHS Markit, said on Friday 26th February.

Some significant speakers at the conference include US special presidential ambassador for climate John Kerry, Co-chair of the Bill and Melinda Gates Foundation and founder of Breakthrough Energy Bill Gates and president and CEO, Saudi Aramco, Amin Nasser.

IHS Markit vice chairman and the conference’s chair, Daniel Yergin, said, “We look forward to Prime Minister Modi’s perspectives on the role of the world’s largest democracy and are pleased to honour him with the CERAWeek Global Energy and Environment Leadership Award for his commitment to expanding India’s leadership in sustainable development to meet the country’s, and the world’s, future energy needs.”

In marking its path towards economic growth, poverty reduction and a new energy future, India has come up at the centre of global energy and the environment, and its leadership is important to meet the requirements of climate objectives for a sustainable future while establishing universal energy access, he said.

The annual international conference is a congregation of energy industry leaders, experts, government officials and policy makers, leaders from the technology, financial and industrial communities, and energy technology innovators.

Coal India Q3 Results: Net profit drops 21% to ₹3,084.10 crore

Devanshu Singla — Thu, 11 Feb 2021 11:05:35 +0000

Coal India Ltd. today reported a 21.4% year-on-year decline in net profit to ₹3,084.10 crore for the year ended on 31 December and the revenue during the December quarter increased to ₹23,686 crore.

In the corresponding quarter in FY20 the company posted a net profit of ₹3,921.81 crore for the corresponding quarter in FY20 and the revenue was ₹23,190 crore.

The company reported total comprehensive income of ₹2,273.18 crore during the quarter under review against ₹3,669.98 crore a year ago.

The world’s largest coal miner’s earnings before interest, tax, depreciation and amortisation (EBITDA) rose 4% year-on-year to ₹5,164 crore during December quarter. The operating profit was ₹4,968.3 crore for the same period last year.

Company’s operating margin rose 40 basis points to 21.8% in Q3FY21 from 21.4% in Q3FY20.

During the 3rd quarter, Coal India reported total net sales of ₹20670.59 crore from which the net sales from e-auction estimated at ₹3995.80 crore.

The combined production of coal recorded at 156.8 million tonnes during the December quarter. The offtake in the quarter rose nearly 9 per cent on-year to 153.85 million tonnes, the company said in the regulatory filing.

The board approved the incorporation of two wholly-owned subsidiaries — for solar value chain business vertical, and new and renewable energy.

“CIL Board in its Meeting held on date accorded its approval for incorporation of two wholly-owned subsidiaries of Coal India Limited, one for Solar value chain (lngot-wafercell- Module) business vertical and another for New and Renewable Energy subject to the approval of GOI,” the miner said in the statement.

NTPC power output up by 4%

Arnav Dogra — Wed, 20 Jan 2021 06:09:42 +0000

NTPC Limited, India’s largest electricity generation service, is a government-run Indian Public Undertaking which is involved in the production of electricity.

On January 18, 2021, NTPC achieved a lifetime power-output high of 1,009 million units. Apart from this, it also noted a gross cumulative generation of 222.4 billion units during the time period between April and December last year. The company reported the gross power output to be up by 3.8%.

The requirement of power/energy in a state is directly associated with general overall demand in the economy; the massive increase in power output can be viewed as a consequence and measure of the nation’s recovering economy as the COVID-19 pandemic becomes more manageable.

This increase in power output is one among several other shreds of evidence of economic recoveries like GST (goods and services tax) collections, mineral refineries, and railway freight showing a subsequent rise.

Raj Kumar Singh, Power & New and Renewable Energy Minister, voiced out a similar analysis of the situation saying that December 2020 witnessed a daily electricity consumption of 5-10 GW (gigawatts), which was higher than demands during the COVID-19 period.

He also went on to add that the pandemic has been handled well responding to which a rise in the national economy can be seen.

With new eco-friendly reforms starting to be put into place, the NTPC has started making plans to make the shift towards green energy. The Power Ministry currently has around 20GW of power capacity under the works, out of which 5GW will be obtained from renewable sources.

The NTPC has 70 power stations all over the country, with the current installed capacity standing at 63.63 GW.

For its clean energy portfolio, the NTPC aims to infuse minimum 1GW of solar projects and 1GW of wind energy projects which will help it achieve the 2032 target of 32GW of clean energy.

With a proposal to permeate Rs 1 trillion during the present term of the BJP Government, the energy giant seeks to gain a power output capacity of 130GW by 2032.

Is India’s Energy Initiative on Track?

Aditi Swarup — Sat, 08 Aug 2020 06:26:26 +0000

In 2018, the first Modi-BJP administration introduced the National Electricity Plan. According to this plan, the Center had set a clean energy target of 22 GW (gigawatts) for themselves, which had to be achieved by 2022.
A recent research analysis, ‘The Curious Case of India’s Discom,’ claims that only 44% of the said target has been achieved. ‘The Curious Case of India’s Discoms-How Renewable Energy could Reduce Their Financial Distress’ was written by Vibhuti Garg, Energy Economist and Kashish Shah, Research Analyst from IEEFA (Institute for Energy Economics and Financial Analysis).
The study stated that the Central Government needs to put a policy framework in place and incentivise states to do away with old thermal plants without adding any additional financial burden on states.