India's coal production rises 7.41% in April, dispatches up 6.07%
Coal production by captive/others stood at 11.43 MT in April 2024, showing a 12.99 per cent increase compared to 10.12 MT in the previous year, it added.
Coal production by captive/others stood at 11.43 MT in April 2024, showing a 12.99 per cent increase compared to 10.12 MT in the previous year, it added.
The Renewable Energy Certificate (REC) market saw 618 MU traded, a 211% increase year-over-year, with prices reaching a record low of Rs. 204 per certificate in the April 24 trading session.
The country’s total installed energy capacity now stands at 442 GW, with 144 GW (33%) from renewable energy, and 47 GW (11%) from hydroelectric power. The share of coal and lignite fell below 50% for the first time.
"The company has successfully received the Letter of Intent (LoI), signalling a major advancement in enhancing India's solar energy capabilities and supporting the country's ambitious solar objectives," the company said in a statement.
This growth is driven by substantial capacity additions and necessitates the development of energy storage systems (ESS) to manage the intermittency of wind and solar power.
In comparison, April 2023 saw 17 such days, zero in 2022, 18 in 2021, 30 in 2020, 12 in 2019, and 8 in 2018, according to the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM).
The PPAC’s notification also states that for gas produced by Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) from their nomination fields, a ceiling price of $6.50/mmbtu on a GCV basis will apply for the same period.
The report shows net production for sale at 2,571 mmscm, marking a 5.7% increase year-on-year. This reflects continued progress in domestic production by companies including ONGC, OIL, and various joint ventures.
This hike reverses the previous 0.5% reduction implemented on April 1. In Mumbai, ATF prices increased to Rs 95,173.70 per kl from Rs 94,466.41. The prices of ATF vary from state to state due to local taxes.
It is a common phenomenon that conventional energy production of biomass energy have low of technical efficiency levels as well as environmental concerns. A few of the lately developed novel processes that convert biomass into various forms of energy like biogas, biofuels and syngas, which are obtained from the gasification, pyrolysis and anaerobic digestion of biomass. So, they not only increase the saving of power but also leave no room for emissions (or waste).
The aluminium industry, which serves as a crucial component of India's power sector and economy, emitted 77 million tonnes of CO2 in 2019-20, with 80% of these emissions coming from electricity consumption. The study, funded by 'bp', shows that a net-zero aluminium industry would be 61% more expensive and incur an additional Rs 26,049 crore in annual operating expenditure (OPEX).