Despite financial closures improving, land acquisition issues have delayed 60% of road projects. The main reasons can be attributed to the delay in land acquisition and tight liquidity conditions. Till date, out of the 24 projects due for completion, 15 projects have witnessed delays in execution, noted Mr Rajeshwar Burla, VP-(C &R), ICRA.
NTPC including its joint venture and arms has achieved its annual commercial capacity addition target of 5,290 MW for 2019-20. This is also the largest ever commercial capacity addition for the group in a single year, NTPC said in a statement.
The latest capacity additions are 250 MW unit of Barauni Thermal Power Station Stage-II (2 x 250 MW) and 800 MW unit of Darlipalli Super Thermal Power Station Stage-I (2 x 800 MW) with effect from March 1, 2020.
India‘s electricity supply rose 7.1% during February, provisional government data showed, marking the second straight month of growth after five straight months of decline.
India’s Central Electricity Authority (CEA), an arm of the federal power ministry, is expected to release official data on power demand later this month. POSOCO releases provisional load despatch data every day.
Production by Coal India (CIL) declined 1.9% annually to 517.8 million tonne in the first 11 months of FY20, mainly due to excessive rainfall, law and order and several employee union strikes hampered the output.
The drop in CIL production in the fiscal year would have been much lower had it not recorded a 14.2% annual rise in its February output. The coal production scenario has improved, at least, from the November 2019 levels when CIL output was lower by 7.8% year-on-year (y-o-y).
India’s power generation from renewable energy sources stood at 10.325 billion units (BU) in January 2020, a 9.46% increase from 9.433 BU generated in the same month last year, according to provisional data released by the Central Electricity Authority (CEA), an arm of the Power Ministry.
Total power generation from conventional and renewable energy sources grew 2.65% to 113.20 BU in January, as compared to 110.280 BU of energy generated in the same month a year ago, according to CEA’s monthly Executive Summary report, January 2020.
Among renewable sources, wind generated the highest amount of power followed by solar at 3,943 million units (MU) and 3,932 MU, respectively, in December 2019. For the corresponding month in 2018, solar generated more power than wind at 3,182.12 MU and 2789.24 MU, respectively.
Gujarat has received the highest amount of Central Financial Assistance (CFA) to the tune of Rs 118.27 crore among all states and union territories for new and renewable energy generation till 10 February of the current financial year 2019-20.
CFA to states are offered through the Financing Scheme of state’s annual plan. The Finance Commission does the disbursement of funds to the states in accordance with the recommendations.
The Ministry has been providing assistance in the form of CFA for setting up of rooftop solar power plants, canal top solar plants, solar parks, decentralised or off-grid solar systems including home lighting system, solar street lighting, standalone solar powered agricultural pumps, small hydro power plants, biomass power plants, transmission infrastructure under Green Energy Corridor program, biogas plants, etc, Singh said in his reply.