With an operational power capacity of 383.37 GW as of May 2021, India is the world's third-largest supplier and second-largest consumer of power. India is also rated sixth on the list of nations that have made substantial investments in renewable energy, with a total investment of US$ 90 billion. On the World Bank's Ease of Doing Business - "Getting Electricity" categories, India climbed from 137 in 2014 to 22 in 2019. And also India is the only country among the Group of 20 or G20 nations that is on pace to meet the objectives of The Paris Agreement. In the last six years, 139 GW of operational capacity and 1.41 lakh circuit km of transmission lines were built, and 2.8 crore homes were linked, according to the Union Budget 2021-22.
In the first week of June, power usage increased by 12.6 percent to 25.36 billion units (BU), showing a gradual rebound in commercial and industrial power usage. For FY21, regular electricity production totaled 1234.44 BU, with thermal energy accounting for 1,032.39 BU, hydro energy (150.30 BU), and nuclear energy accounting for 150.30 BU (42.94 BU). Bhutan contributed 8.79 BU to the total according to the report of India Brand Equity Foundation. "The country is witnessing a sharp increase in power demand and NTPC is making all efforts for meeting demand as per the grid requirement. NTPC has geared up to meet the increasing demand and the generation from NTPC group stations have registered a 23% growth compared to the previous year," the National Thermal Power Corporation Pvt Ltd said in an official announcement.
According to the official report issued by NTPC on 30th August 2021, the following actions have been taken to meet the increase in demand:
• Under flexible utilization of coal policy, NTPC is arranging coal at the stations where the stock position is critical.
• Continuously coordinating with Coal India and Railways for augmenting coal supply at critical stations and diverting rakes wherever required.
• Augmenting 2.7 Lakh MT import coal left out from the contracts placed earlier.
• Darlipalli Unit 2 (800 MW) was put in operation and Commercial operation of the Unit is being done w.e.f 01-09-2021. The plant is a pit-head station, and the coal is being fed from captive mine of NTPC (Dulanga).
• Increasing coal production from all captive mines of NTPC.
• The states are also requested to schedule offtake from the gas Stations. In order to plan for making arrangements for gas for generator companies, States are requested to schedule power at least for a week.
India's largest integrated energy company has also recently commissioned the largest floating solar PV project of 25MW on the reservoir of its Simhadri thermal station in Visakhapatnam, Andhra Pradesh. This is also the first solar project to be set up under the Flexibilisation Scheme, notified by the Government of India in 2018.
"The floating solar installation which has a unique anchoring design is spread over 75 acres in an RW reservoir. This floating solar project has the potential to generate electricity from more than 1 lakh solar PV modules. This would not only help to light around 7,000 households but also ensure that at least 46,000 tons of CO2e are kept at arm's length every year during the lifespan of this project. The project would also save 1,364 million liters of water per annum. This would be adequate to meet the yearly water requirements of 6,700 households," NTPC said.
The corporation has also said that "The 2000MW coal-based Simhadri Station is the first power project to implement an open sea intake from the Bay of Bengal which has been functional for more than 20 years. With a total installed capacity of 66900 MW, NTPC Group has 71 Power stations including 29 Renewable projects. NTPC has set a target to install 60 gigawatts (GW) of renewable energy (RE) capacity by 2032. NTPC is also India's first energy company to declare its energy compact goals as part of the UN High-level Dialogue on Energy (HLDE)."