Coal News We love to talk!
Plant utilization at coal-fired stations rose to 58% in August, compared with 51.6% a year ago, as per the latest power ministry data.
India’s coal-fired power plants in August ran at a three-year high amid shortages created by lower generation from hydropower and nuclear.
Plant utilization at coal-fired stations rose to 58% last month, compared with 51.6% a year ago, power ministry data released this week show. That’s the highest rate for August since 2014, according to data compiled by Bloomberg.
Lower rainfall in southern and western states has led to a decline in hydropower generation, forcing them to buy from other states and pushing up spot power prices, according to Indian Energy Exchange.
Hot weather in some parts of the country and a pick-up in economic activity is also boosting demand for electricity, according to Debasish Mishra, a partner at Deloitte Touche Tohmatsu LLP in Mumbai.
“Coal-fired generation has had support from both supply side as well as demand side,” Mishra said. “We expect electricity demand to progress from here, as there are signs of industrial activity increasing.”
Hydropower production in August declined 12% from a year ago, according to government data. Nuclear generation dropped 36% as a 1 gigawatt reactor at the Kudankulam plant in the southern state of Tamil Nadu was shut for maintenance 4 August, the data show. Meanwhile, coal-fired power surged 17%.
The nation has also begun mining more coal to meet the rise in demand. Coal India Ltd, the world’s biggest producer of the fuel, reported its first year-on-year rise in output in five months after power plant inventories plunged and the miner’s own stockpiles declined.
- Government mulling to bring large hydropower units under renewable energy ambit Read more
- Land, fuel in hand, bids for Sindri urea plant soon Read more
- India nuclear deals still thorny for US Read more
- Solar players expect tax incentives in budget, uncertainty over GST remains Read more
- CIL trade union opposes investment in machines, fears job loss Read more
- CERC accepts NLCs petition for pooling of lignite prices with the expansion cost of Mine-II Read more
- Power sector has investment potential of Rs15 trillion in 4-5 years: Piyush Goyal Read more
- Power tribunal hit by manpower shortage Read more
- Steep fall in wind capacity addition in Q1 Read more
- Tata, Adani Power may have to wait longer for tariff hike Read more