- ALSO READ
Power stocks surge as govt orders coal-based plants to run at full capacity
Indonesia's plan to shut coal plants over next 30 yrs struggles for support
India still a long way from cutting its dependence on coal-fired plants
Air India mandates Skytech-AIC to sell 4 Boeing 747-400 jumbo aircrafts
Maha can gain Rs 5,700 cr by 'repurposing' old coal plants for clean energy
-
The power ministry has mandated all imported coal-based thermal plants to function with full capacity from March 16 to June 15 this year in order to meet the anticipated high demand of electricity.
This order (under Section 11 of the Electricity Act) shall remain valid for generation and supply of power from March 16, 2023 to June 15, 2023, stated a notice sent to 15 thermal plants that use imported coal.
Last year in May, the ministry had issued similar directions to such power plants to operate and generate power to their full capacity.
The 15 imported coal-based power plants include Tata Power's and Adani Power's plants in Mundra in Gujarat; Essar power plant in Salaya; JSW Ratnagiri; Tata Trombay; Udupi Power; Meenakshi Energy; and JSW Torangallu.
India's peak power demand is expected to touch 230GW in 2023.
In December 2022, Union power secretary Alok Kumar had said that the government will take all possible measures to meet the 230 gigawatt (GW) single-day peak demand expected in April 2023.
Kumar had stated that the demand in April this year could be as high as 230 GW.
As per official figures, the maximum all-India power demand met at 2:51 pm on April 26, 2022 was 201.066 GW.
The notice sent to imported coal-based power plants also said, "It has been forecasted that peak demand will reach 229GW during April 2023. To meet this demand, about 193 GW generation would be required from thermal generating stations."
The ministry had also issued guidelines on January 12, 2023 for procurement of power from untied capacity of imported coal based plants during the crunch period (April and May) on competitive bidding basis.
In order to meet the demand and supply gap, the power ministry has also directed (on January 9, 2023) to state-owned as well as private power plants to import coal for blending at the rate of six per cent in domestic dry fuel.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.
Download the Business Standard App for latest Business News and Market News .
First Published: Tue, February 21 2023. 16:47 IST
RECOMMENDED FOR YOU