Category: oil-&-gas

The All India Power Engineers Federation (AIPEF) has called for a nationwide strike on June 26 to oppose the privatisation of electricity utilities and departments. The National Coordination Committee of Electricity Employees and Engineers (NCCOEEE) plans to hold conferences across the country and large rallies in Uttar Pradesh. They strongly criticized the privatisation of Chandigarh’s profitable power department.

Arunachal Pradesh has allocated 570.75 MW capacity across 35 small hydropower projects, expecting Rs 7000 Crore in investments and generating 7500 local jobs. Deputy Chief Minister Chowna Mein has committed support to the projects, urging developers to expedite work for timely completions and revenue generation.

Union Power Minister Manohar Lal has encouraged industry stakeholders to develop innovative solutions to boost India’s renewable energy targets. Highlighting the 500 GW RE target by 2030, he emphasized the importance of advancing power electronics, efficient transformers, and smart grid solutions to achieve this goal.

Union Petroleum and Natural Gas Minister Hardeep S Puri anticipates reduced energy prices due to increased global oil production, including from the USA, aiding inflation control. He clarifies India’s aim to procure oil at lower prices, not to shift away from dollar transactions.

Adani Power plans to set up 30 GW of nuclear power capacity to replace its thermal capacity, with potential international partnerships for technology. The shift aligns with India’s goal of 100 GW nuclear power by 2047. This move follows the government’s proposal to open the nuclear power sector to private companies and plans for five small modular reactors by 2033.

The successful revival plan is for an aggregate amount of Rs 3.51 crore, which will be paid to secured financial creditors of RBPL. Also, an upfront cash payment of Rs 4 crore will be infused into the company by the successful bidder, as per the resolution plan.

The power ministry anticipates a peak demand of 270 GW this summer, higher than the previous year’s 250 GW. Adequate supply has been prepared and thermal capacity will increase by 15 GW by FY26. Measures include possible mandate extensions for coal and gas power plants.

India is prepared to handle up to 270 GW of peak power demand this summer, with sufficient coal stocks and mandatory full-capacity operations for thermal plants using imported coal. Power Secretary Pankaj Agarwal assured that additional measures will be invoked if necessary to ensure stability.

Tata Power Delhi Distribution (DDL) and Probus Smart Things have partnered to develop advanced smart metering technology, featuring a universal Network Interface Card (NIC) with Bluetooth communication. This innovation aims to enhance meter data collection and operations in difficult network conditions. Plans are to extend its benefits to other utilities and regions.

India is exploring financial support for debt-laden state-run power distribution utilities to stabilize the sector amid rising demand, according to a Ministry of Power document reviewed by Reuters. A ministerial group will identify financially stressed states, develop a fiscal discipline plan to prevent a debt crisis, and propose measures to attract private investment.