Corporates with experience in the ESG sphere can be the torchbearers for those who are either evolving or starting afresh. This will also help the industry develop a sticky and quantifiable ESG metrics.
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Mein said that all projects under the rural electrification schemes would be completed within the current financial year.
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NHPC’s share in Consolidated net profit for the current half year is Rs. 2243 crore which is 14% higher than the net profit of Rs.1960 crore for the corresponding previous half year.
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During October, the peak power demand met or the highest supply in a day stood at 174.60 GW, higher than 169.89 GW in the same month last year.
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The objective will be to enhance demand for renewable energy at the end-use sectors such as industry, buildings, transport etc.
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According to the statement as per the data available on the IEX website, the average price of electricity in the last 7 days (from 23 to 29 October'21) in the two key electricity market segments have corrected significantly with the average day-ahead market price at 3.75 per unit and the average real-time market price at 3.03 per unit.
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AIPEF Chairman Shailendra Dubey has in a letter to Union Power Minister RK Singh urged that the subject of putting a cap on profiteering by IPPs (independent power producers) may be discussed and finalised in the Forum of Regulators in letter and spirit of section 62 (1) of the Electricity Act 2003 immediately to stop black marketing in energy exchange, mostly by private operators during the crisis.
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Last year during October 1-15, power consumption stood at 55.36 BU which was higher than 49.66 BU in the same period in 2019. The data clearly shows that there is recovery in power consumption as well as demand in the country.
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At the time when some pockets of the country were grappling with power shortage due to a short supply of coal, thermal power generation was higher by 9.54 percent and output from hydel sources by nearly one percent in the eastern region till October 13.
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The October shortfall, largely due to a coal shortage was already the biggest in absolute terms for a single month since November 2018, even with 19 days of October still left.
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