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Power Tariff To Rise 60-70 Paise Per Unit For Blending Imported Coal - RK Singh - The Economic Times
Power Tariff To Rise 60-70 Paise Per Unit For Blending Imported Coal - RK Singh - The Economic Times
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Business News › Industry › Energy › Power › Power tariff to rise 60-70 paise per unit for blending imported coal: RK Singh
Synopsis
Energy consumption has jumped about 25 per cent and peak demand has also risen by
15 per cent in the last one year, the Union power minister said.
AFP
Coal import for 10 per cent blending for
the electricity plants to avoid blackouts
will result in a rise in power tariff by
60-70 paise per unit, Union minister
RK Singh said on Thursday. This has to
be done to avoid power shortage as
domestic coal supply is unable to
Representative Image
match the electricity companies' Popular in Energy
demand for the dry fuel, Singh said.
1. NTPC aims to raise Rs 5,000
crore via stake sale in green
arm
Energy consumption has jumped about 25 per cent and peak demand has also
risen by 15 per cent in the last one year, the Union power minister said.
2. AG&P Pratham plans Rs
9,000-crore city gas push
"We have asked power plants to blend 10 per cent imported coal to avoid
blackout as domestic coal production is not enough. Imported coal costs Rs
17,000-18,000 per tonne while domestic coal price is about Rs 2,000 per 3. Electricity bills in Delhi go up
with 4% rise in PPA cost
tonne. Due to this, it will result in a tariff rise of about 60-70 paise per unit,"
Singh said.
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7/14/22, 1:00 PM Power tariff to rise 60-70 paise per unit for blending imported coal: RK Singh - The Economic Times
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State power regulators should promptly reflect this cost in tariffs, he said
while speaking at the 75th foundation day of the Damodar Valley
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Corporation (DVC).
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lessons learnt as an
entrepreneur from his
Singh, a former bureaucrat, said that the country's priority is to meet the
Infosys days
growing power demand as energy is essential for growth.
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telecom: Is the impact on
"We will produce power - be it from fossil fuel or non-fossil. However, we are Bharti Airtel, Vodafone Idea
pushing for renewable energy and have already achieved 41 per cent of the stocks temporary?
total installed capacity nine years ahead of the target of 2030. Currently, the
total capacity is 4 lakh MW," he said. 3. Nothing phone (1) price
leaked ahead of launch;
brand teases photography
samples
Singh also laid a multi-fold growth roadmap for DVC, which includes new
thermal capacity addition of 5000-6000 MW and renewable capacity equal to 4. TCS stock: Should investors
buy or sell after Q1 results?
its total thermal generation. DVC's total installed capacity from all sources is
about 6900 MW.
Speaking about coal imports, Singh said, it can be 20-25 million tonnes this
5. Bollywood actor Ranveer
Singh buys Rs 119-crore
luxury quadruplex in
year for blending. Mumbai’s Bandra
The minister remained optimistic that peak electricity demand of over 2 lakh
MW would continue in future due to the government's huge transmission
network that made India the world's largest single frequency grid, delivering
power to every village, and raising the average electricity supply from 12.5
hours to 22.5 hours a day.
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