India's annual electricity generation crosses one trillion units in 2014-15!

[OrionHunter]

For the first time, India's annual electricity generation crossed the one trillion units mark in 2014-15, touching 1048.403 billion units (BU), registering a growth of 8.4 percent over the previous year.

This was the highest growth rate achieved by the sector in the last two decades, an official press release said. Since 1991-92, the compounded annual growth rate of electricity generation has been around 5 to 6.6%, it said.

The biggest contributor was generation from the coal based power stations which recorded an annual growth rate of 12.1%.

The generation capacity addition during 2014-15 was 22,566 MW against a target of 17,830 MW, which is the highest ever achievement in a single year, the release said.

The huge capacity addition coupled with higher generation and improved transmission capacity has resulted in considerably reducing the electricity energy shortage from a level of 7 to 11% during the last two decades to a record low of only 3.6% during the year 2014-15.

India's annual electricity generation crosses trillion units in 2014-15 | NetIndian

That's a great achievement. The government is aiming at 2 trillion units of electricity generation by 2020.
Goyal, who is also minister for coal and new and renewable energy has said that there will be a renewed focus on renewables, with generation going up from the current 53 billion units to 300 billion units in five years.

Expect 24x7 power in the whole of India in the near future.

 

[Bobby]

wow......

 

[magudi]

Expect 24x7 power in the whole of India in the near future.

@Ryuzaki @OrionHunter when that happens do give the man credit which he deserves

New Delhi: Fewer power cuts are likely in the country this summer after a surge in output at Coal India helped generators amass record stocks, a turnaround for Prime Minister Narendra Modi who had to battle a power crisis within months of becoming prime minister last May.

Fast-track mine approvals, tighter production oversight and more flexibility in coal sales have helped power station stocks recover from a six-year low hit in October, vindicating PM Modi's pitch to voters as the chief minister who brought round-the-clock power to industrial Gujarat.

As the PM prepares to mark his first year in office and seeks to fulfil a poll promise to provide power to all of India's 1.2 billion people by 2019, power stations hold 28 million tonnes of coal, a 38 per cent jump from a year ago, government data shows.

"The situation is improving," said K. Raja Gopal, head of the thermal power business at construction, power and real estate conglomerate Lanco Infratech, pointing to recent growth in Coal India output. "More needs to be done but 8 to 9 per cent didn't happen before."

India, the world's third-largest coal buyer, is expected to cut imports by a fifth in the fiscal year to March 31 from an estimated 200 million tonnes in the previous year. Power companies have relied on imports for 15 per cent of their coal needs.

India suffered one of its worst blackouts in 2012 due to a shortage of coal plus outdated transmission lines and an over-burdened grid. Power shortages shaved 0.4 per cent off GDP in 2012/13, industry body FICCI estimates.

Coal stocks fell to zero at New Delhi's Badarpur power station last October but now there is enough to last 43 days going into the peak demand season. The situation is similar at many other power plants across India, where over 60 per cent of electricity is generated by coal.

State-controlled Coal India also holds pit-head stocks of 53 million tonnes that can be shipped before the four-month monsoon season starting in June, a company source said.

The company's output rose 32 million tonnes to 494.2 million tonnes in 2014/15, the biggest volume rise in its four-decade history, Chairman Sutirtha Bhattacharya told Reuters. Output is expected to jump to 550 million tonnes in 2015/16 and 1 billion tonnes by 2019/20.

The revival has been spearheaded by Piyush Goyal, an accountant and investment banker picked by PM Modi to run a power and coal super-ministry with a remit extending from the coal face to household power supplies.

Open at Last

Barely a month into his job, Mr Goyal pushed Coal India to open a long ready but remote mine in the first big launch in five years.

Operations at the Amrapali mine in Jharkhand were delayed for almost a decade by the lack of a railway link to take coal away.

Now, for the first time in the company's history, Coal India has allowed power companies to pick up coal directly from the mine by truck without signing any long-term fuel supply agreement.

Coal India opened three more big mines last fiscal year and expanded others. The government, meanwhile, set up a website to track mine progress to keep Coal India's bosses on their toes.

But the company will have to deploy technology to improve abysmal efficiency, and private companies will have to follow up on the government's invitation to mine and sell coal, to meet the ambitious goal of doubling production in five years.

India has launched a round of auctions of mines so that private firms can extract coal for their own use, after the Supreme Court last August cancelled more than 200 illegal coal block awards made over two decades.

© Thomson Reuters 2015

PM Modis Coal Turnaround to Ease Chronic Power Cuts This Summer - NDTVProfit.com

 

[Ryuzaki]

@Ryuzaki @OrionHunter when that happens do give the man credit which he deserves



PM Modis Coal Turnaround to Ease Chronic Power Cuts This Summer - NDTVProfit.com

NDTV wrote something +ve about Modi? *washing eyes*

 

[magudi]

NDTV wrote something +ve about Modi? *washing eyes*

How long are people gonna keep overloking good work being done . But this as you said is just eyewash by ndtv to give modi fans troling their page some rest

 

[East or West India Best]

All the product of Manmohan Singh. Power plants take years to build so stop attributing it to that divaana hindoo.

 

[indo]

All the product of Manmohan Singh. Power plants take years to build so stop attributing it to that divaana hindoo.

Not really. This is truly Modi's achievement. The recently conducted coal auction led to increase in supply to our coal based thermal power plants leading to increase in electricity generation. So kudos to Modi on this one.

Here's an article about it :
PM Modi's coal turnaround to ease country's chronic power cuts - The Economic Times

 

[East or West India Best]

Not really. This is truly Modi's achievement. The recently conducted coal auction led to increase in supply to our coal based thermal power plants leading to increase in electricity generation. So kudos to Modi on this one.

Here's an article about it :
PM Modi's coal turnaround to ease country's chronic power cuts - The Economic Times

Typical hindoo bhakt.

 

[indo]

Typical hindoo bhakt.

Lol, quite the opposite.

 

[East or West India Best]

Lol, quite the opposite.

Modi made the sun, Modi made the moon, Modi is Krishna, Modi is kali mata, Modi invented the internet, Modi Modi Modi. Please, give it a rest, the guy has yet to prove himself.

 

[indo]

Modi made the sun, Modi made the moon, Modi is Krishna, Modi is kali mata, Modi invented the internet, Modi Modi Modi. Please, give it a rest, the guy has yet to prove himself.

I don't know why you think I am a Modi bhakt, do read my other posts. Infact I don't like personality cults, I would rather concentrate on the policies.

 

[WAR-rior]

Then why are you frustrated? Close your ears if it bothers you.

Modi made the sun, Modi made the moon, Modi is Krishna, Modi is kali mata, Modi invented the internet, Modi Modi Modi. Please, give it a rest, the guy has yet to prove himself.

 

[East or West India Best]

I don't know why you think I am a Modi bhakt, do read my other posts. Infact I don't like personality cults, I would rather concentrate on the policies.

You're giving credit where it isn't deserved.

 

[indo]

You're giving credit where it isn't deserved.

Please elaborate.

 

[East or West India Best]

Please elaborate.

4300 MW of new nuclear power this year. Did Modi build nuclear power plants in 1 year?

Nuclear power in India - Wikipedia, the free encyclopedia