Despite lockdown, TN to attract Rs 66k cr investments; RE, E-mobility in focus

The state attracted investments in areas like electric mobility, renewable energy and automotive from Ola Electric, Stuttgart-based Daimler and Adani Group among others.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35077kx

India gets a new power central transmission utility

The Central Transmission Utility of India has been incorporated and a certificate of incorporation had been issued for the same, sources said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JA513f

Virus-ravaged oil market collapses by a fifth in 2020

The oil market had begun 2020 on the front foot, with prices rising as simmering tensions in the crude-rich Middle East region threatened to disrupt valuable supplies

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aWKqkK

Green Drive: EESL to set-up 500 more EV charging stations in FY21

Power PSUs' joint venture EESL plans to install at least 500 more electric vehicle (EV) charging stations in the country during fiscal 2020-21.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3rD8RcW

India gets a new power central transmission utility

Hiving off of electricity transmission system planning business from PGCIL had been a long pending demand of the industry for fair bidding of transmission lines.

from Energy-Industry-Economic Times https://ift.tt/3o3o5px

India gets a new power central transmission utility

Hiving off of electricity transmission system planning business from PGCIL had been a long pending demand of the industry for fair bidding of transmission lines.

from Energy-Industry-Economic Times https://ift.tt/3o3o5px

Wind power falls out of favour in Rajasthan, new capacity dwindles to 45MW in 4 years

Renewable power journey in Rajasthan started with wind in 1999 having 2MW and the capacity reached 4,292 MW by March 2017. But since then the capacity has inched up to 4337 MW so far in 2020-21

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MeckhQ

ISRO working on green fuels like hydrogen peroxide for rockets

ISRO Chairman said that the Indian Space Research Organisation (ISRO) is looking at green propulsion through hydrogen peroxide in its rocket that would take Indians into the space under its 'Gaganyaan' mission.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/382wEeQ

Vedanta wins Radhikapur west coal block in Odisha

The coal block is an optimal fit for Jharsuguda smelter, given its logistical location and annual capacity, the company said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WY9bF5

Will continue with plan to double capacity in two years: Rahul Munjal, Hero Future Energies

'We will explore wind-solar hybrid storage, RTC, peak power projects next year'

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KP2P8C

BHEL bags orders worth Rs 3,200 cr for hydro projects in Andhra, Telangana

The order for E&M works for 12x80 MW Polavaram hydro power project in Andhra Pradesh envisages manufacture and supply of India's highest unit-rating Kaplan hydro turbines, the company said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ofIwzP

Power demand touches all-time high of 182.89 GW

According to data from the power ministry, the peak power demand met (the highest supply in a day) during December last year stood at 170.49 gigawatts (GW)

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3n691pM

Bhopal: Bina solar plant ready to power overhead rail lines

For the past 18 months, the construction of the 1.7 MW solar power plant in underway. It has been set up by the Railways in collaboration with Bharat Heavy Electricals Limited (BHEL) on its land near Bina

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WZx3by

Farmers Protest: Issues of stubble burning, power subsidies sorted, say leaders

Rakesh Tikait, Spokesperson, Bhartiya Kisan Union (BKU), said that issues related to stubble burning and electricity were sorted in the meeting.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o4055w

Cabinet approves Rs 4,573 cr interest subvention to raise ethanol production capacity

The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, approved a modified scheme for extending interest subvention to augment ethanol production capacity, he said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nahRmF

Chhattisgarh signs MoU for country's first ethanol plant to be set up under PPP model

As per the official release, the contract was signed by Bhoramdev Cooperative Sugar Factory Kawardha and Chhattisgarh Distillery Limited's subsidiary NKJ Biofuel for a period of 30 years.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hzw6zZ

Oakridge Energy to solarize Kendriya Vidyalaya, Delhi govt. schools

Under this scheme, Delhi government schools will not be required to make any investment, with the developer making all the investment

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o4D2HP

Adani Green Energy arm commissions 100 mw solar unit in Gujarat

The subsidiary, Adani Solar Energy Kutchh Two, has a 25-year-long power purchase agreement (PPA ) with the Gujarat Urja Vikas Nigam India (GUVNL) to supply the power at Rs 2.44 a unit

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WUvdIW

Wind power falls out of favour in Raj, new capacity dwindles to 45 MW in 4 yrs

But the hybrid park policy can revive interest if RERC increases discoms’ renewable purchase obligation (RPO) from wind which has also stagnated over the past four years.

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Sizzling hot: Solar stocks set to end pandemic year at record highs

Giving the rally a leg up was Joe Biden's victory in the November U.S. presidential election, along with the coronavirus aid and funding bill that extended solar tax credits by two years.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3n34nJh

Union Cabinet approves Rs 4,573 cr interest subvention to enhance ethanol distillation capacity

from Energy-Industry-Economic Times https://ift.tt/3rG5mCE

Adani Green Energy commissions 100-MW solar power plant in Gujarat

Takes the firm’s total operational renewable capacity to 2,950 MW

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34YkCB1

Will invest across renewables, solar manufacturing, transmission in 2021: Sumant Sinha, ReNew Power

The other big focus area for the firm will be commissioning of projects which are in the pipeline and nearing completion

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34Vy0pM

Adani Green Energy arm commissions 100 mw solar unit in Gujarat

The subsidiary, Adani Solar Energy Kutchh Two, has a 25-year-long power purchase agreement (PPA ) with the Gujarat Urja Vikas Nigam India (GUVNL) to supply the power at Rs 2.44 a unit.

from Energy-Industry-Economic Times https://ift.tt/3o1Z0v1

Kalpataru Power Transmission bags orders worth Rs 900 crore

In a regulatory filing, Kalpataru Power Transmission Ltd said it has secured new orders/notification of award of about Rs 900 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aTqGyp

India energy demand improved in November, but at a slower pace: Report

In November 2020, the all-India energy demand increased yoy for the third consecutive month, after declining over March-August 2020. Although the improvement slowed down to 3.7% yoy to 97.9 billion units (October 2020: up 11.5%; September 2020: up 4.0%). This was due to the early onset of winters impacting demand.

from Energy-Industry-Economic Times https://ift.tt/38K9Tex

BSSUK, NKJ Biofuel tie up to set up ethanol plant in Chhattisgarh

Bhoramdeo Sahakari Sakhar Utpadak Karkhana Maryadit (BSSUK), a cooperative sugar mill in Chhattisgarh, has signed a pact with NKJ Biofuel Ltd to set up an ethanol production unit on a public-private partnership (PPP) basis in the state's Kabirdham district, a public relations department official said on Wednesday.

from Energy-Industry-Economic Times https://ift.tt/3psmrhw

Cabinet approves interest subvention for ethanol distilleries

He added that the Cabinet approved a modified scheme to enhance ethanol distillation capacity in the country for producing first-generation ethanol from feed stocks such as cereals (rice, wheat, barley, corn and sorghum), sugarcane and sugar beet.

from Energy-Industry-Economic Times https://ift.tt/3pAJs1E

OPINION: Global trends in Sustainability and ESG compliance

Technology will continue to assume a significant part in assessing material issues, assessing risks and opportunities, and streamlining Sustainability/ESG data to publish reports.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Jv2GXb

Delhi’s clean power goal has a problem: Idled fossil fuel plants

The effort underscores how India’s electricity sector continues to struggle with debt and overcapacity after a massive build-out of plants to power a surge in economic activity that never fully materialized

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3py1yl1

Reliance-BP consortium invites bidders for gas from KG D6 basin

"The gas produced for KG D6 will be available for sale at the delivery point at Gadimoga near Kakinada, Andhra Pradesh tentatively from 01 February 2021," the companies said in a notice in the Times of India newspaper

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37YAjdB

Petrol, diesel prices remain unchanged for 23rd consecutive day

In the national capital, petrol was priced at Rs 83.71 per litre. In Mumbai, Chennai and Kolkata, the fuel was sold for Rs 90.34, Rs 86.51 and Rs 85.19 per litre, respectively

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pxNPul

India launches first remote monitoring system for oil refineries

Originally the remote monitoring system was envisaged to be operated out of GE’s Atlanta Analytical Centre in the United States

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3rFW5uo

Reform agenda for climate ambitions: Modern Indian history holds key lessons

In his address to the recently held Climate Action Summit, Prime Minister Modi highlighted a vision of a ‘Centennial India’ becoming a global leader and an example for attaining climate ambitions.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hsqEyK

Reliance-BP consortium invites bidders for gas from KG D6 basin

CRISIL Risk and Infrastructure Solutions Ltd, a unit of S&P Global Inc, will conduct the bidding process through an online platform, the notice said.

from Energy-Industry-Economic Times https://ift.tt/34Uh570

Kalpataru Power Transmission bags orders worth Rs 900 crore

KPTL said it has also bagged engineering, procurement and construction orders for pipeline laying and associated works in India.

from Energy-Industry-Economic Times https://ift.tt/34RKWwQ

Delhi’s clean power goal has a problem: Idled fossil fuel plants

India’s electricity sector continues to struggle with debt and overcapacity after a massive build-out of plants to power a surge in economic activity that never fully materialized. The pandemic has accentuated the problem, leaving nearly half of India’s thermal power capacity idled, with the cost overhang impeding investment toward renewables and grid improvements.

from Energy-Industry-Economic Times https://ift.tt/34QEPbW

On eve of talks, farmers power up their demands

The 40 agitating unions on Tuesday claimed their earlier stance over the electricity bill was due to a “mistake”.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MiuBe6

Wind energy powers more than half of UK electricity for first time

The percentage of wind power in the country's energy mix hit a record 50.67 percent on Saturday, the company said over the weekend, beating the previous record of 50 percent in August.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MjG50U

Oakridge Energy to set up solar power plants for 1,000 schools

The company said it has recently solarised over 15 schools of the Department of Education in Delhi this year

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pz2C8m

Gujarat announces new solar power policy 2021

The state has done away with the ceiling on installed capacity and has allowed consumers to lease their premises or roofs to third parties for setting up plants

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JzXv8A

CPPIB to acquire SoftBank’s 80% in SB Energy for $425 million

​​The sale price is much below the $800 million book value or equity invested in the high-profile joint venture and a far cry from the $1.2 billion originally sought.

from Energy-Industry-Economic Times https://ift.tt/34TGLjZ

Gujarat announces new solar power policy 2021

The state has done away with the ceiling on installed capacity and has allowed consumers to lease their premises or roofs to third parties for setting up plants

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KJefL2

After NCLAT, NCLT now also dismisses appeal of Hindustan Oil Exploration Company

This order also declared Invenire Energy as the successful resolution applicant in the second round of bidding round that concluded in June 2019

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34SvO28

Italy's Snam, A2A team up to help FNM with hydrogen trains

FNM said in November it would invest as much as 160 million euros ($196 million) to buy a series of hydrogen-powered trains from France's Alstom

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3n1jliO

New solar policy cuts power rates in Gujarat

“Currently, the industry gets power at an average cost of Rs. 8 per unit. The new policy will help bring it down to Rs. 4.5 per unit,” Gujarat Chief Minister Vijay Rupani said

from Energy-Industry-Economic Times https://ift.tt/37YGb6B

Petrol, diesel prices remain static, Brent crude above $51/bbl

Oil marketing companies (OMC) continued to hold the pause button on the petrol and diesel prices on Tuesday.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38H1OY1

AMP Capital, Sterlite Power tie-up for energy transmission projects in India, to invest $300 mn

Global investment manager AMP Capital and Sterlite Power have entered into a partnership to develop energy transmission projects in the country with a total equity investment of USD 300 million.

from Energy-Industry-Economic Times https://ift.tt/2KzzaAj

Gujarat announces new solar policy

The new policy, according to the government, will cut down dependency on conventional coal-based power generation and will help MSME industry in its production cost

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3rBAnYj

A historic oil price collapse, with worries headed into 2021

The remainder of 2020 was spent recovering from that drop as the pandemic destroyed fuel demand around the world

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mWDiqX

Deocha Pachami coal block will generate 1 lakh jobs: Mamata Banerjee

The world's second-largest coal block, with an estimated reserve of 2.1 billion tonnes, was allocated to West Bengal by the Centre in June, 2018

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37WmE6x

Gujarat announces new solar policy

The new policy, according to the government, will cut down dependency on conventional coal-based power generation and will help MSME industry in its production cost

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34PAINg

Oil gains on hopes US pandemic stimulus payments to spur fuel demand

Brent crude futures climbed 36 cents, or 0.7%, to $51.22 a barrel, as of 0151 GMT and U.S. West Texas Intermediate (WTI) crude futures added 34 cents, or 0.7%, to $47.96 a barrel

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3rLjPxg

Millennial pens short memoir of life with Ratan Tata

According to Naidu, Tata taught him things, in the best way possible: by example

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pwY9Tq

CBI searches Kol premises in cattle, coal cases

In the coal case, the agency has sent a notice to a businessman said to be close to Anup Maji, alias Lala. Last week, it had conducted searches at the businessman’s the Kolkata home

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pu3FpZ

NGT tells states to install reflectors within 4 months

The main reason for the decline is fatal collisions with power lines

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aQ0Zig

Vikram Solar commissions 10 MW solar plant in West Bengal

The solar plant is located in Birbhum district of West Bengal and consists of 30,150 solar modules of Vikram Solar

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34Rzzov

Tesla to enter India in 2021: Gadkari

Tesla Inc. co-founder and chief executive Elon Musk had in October said the company will enter the Indian market in 2021

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aOMmvH

NTPC declares Dulanga coal mine commercially operational

The central government has allocated nine coal blocks -- Pakri-Barwadih, Chatti-Bariatu & Chatti- Bariatu (South), Kerandari, Dulanga, Talaipalli, Banai, Bhalumuda, Mandakini-B and Badam -- directly to NTPC

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JocguT

Coal India to invest Rs 3,370 crores in ramping up rail evacuation facilities

It said that CIL currently has around 152 rail sidings and the tally would go up to 173 by 2024 adding that the project would be commissioned by 2023-24

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37Vajj4

Solar rooftop sector: The state of affairs and the outlook for 2021

The industry is much more optimistic than it was at the beginning of the year and gearing up for a much larger deployment of rooftop solar in the coming year

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ry19Rp

Andhra Pradesh: Payments to RE developers under Centre’s Rs 90K-cr liquidity infusion plan pending

The developers were yet to receive payments which are pending since April 2020

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37UTJQp

India's mining sector to witness reforms, flurry of activities in 2021

On account of market forces, there is a fluctuation in steel prices but the COVID-19 pandemic did not impact the country's mineral production this year, he noted

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JthcPk

Power sector limping back to normal; ensuring 24X7 power supply, discoms' fin health key challenges

Going ahead, central as well as state governments along with power regulators would need to be quick and decisive to respond to the evolving scenario as economic activities are unlikely to return to pre-COVID-19 levels immediately

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Meu3pB

Power sector limping back to normal; ensuring 24X7 power supply, discoms' financial health key challenges

The most important task before the government will be to deal with the sickness of power distribution utilities (discoms), which are cash-strapped and unable to pay the electricity generation firms (gencos) for ensuring 24X7 power supply for all.

from Energy-Industry-Economic Times https://ift.tt/3ppTany

PM Modi to inaugurate section of Eastern Dedicated Freight Corridor

The 351-km 'New Bhaupur-New Khurja section' of the EDFC is situated in Uttar Pradesh and has been built at a cost of Rs 5,750 crore.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38G2YD3

BMW aims for 20% of its vehicles to be electric by 2023: Paper

“We are significantly increasing the number of electric vehicles. Between 2021 and 2023, we will build a quarter of a million more electric cars than originally planned” Zipse told the newspaper’s Monday edition

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WM68Qp

Major UP highways to turn into green energy corridors

The state government said on Sunday that it has issued guidelines for the supply of piped natural gas (PNG) to industrial development authorities with the objective of environmental conservation and providing safe fuel to industries.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mZYdK0

Arbitration panel cites PM, minister's assertion on retro tax to overturn Cairn tax demand

In the order, the tribunal said the Bharatiya Janata Party's (BJP) 2014 "election manifesto criticised the preceding government for having unleashed 'tax terrorism' and 'uncertainty', which 'negatively impact[ed] the investment climate'."

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3rFn2hV

Raj seeks changes in proposed norms for hybrid energy parks

Chairman and managing director of RRECL Subodh Agarwal said said that given the moderate wind speed in Rajasthan, a lower level of CUF will help the state to realise its huge potential.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3huwZdi

Budget 2021: CII suggests raising the cap on emoluments to Rs 50,000 per month

Section 80JJAA, provides for deduction of 30 per cent on emoluments paid to new employees, which can be claimed for three years. This is available up to Rs 25,000 per month.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34NQpVi

Raj seeks changes in proposed norms for hybrid energy parks

Chairman and managing director of RRECL Subodh Agarwal said said that given the moderate wind speed in Rajasthan, a lower level of CUF will help the state to realise its huge potential.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37S7Ci6

Rooftop solar power rules threaten our existence, say MSMEs

They said the norms of the ministry of power (MoP) and the draft notification of RERC will stall the rooftop solar programme in the state and country, threatening the survival of many MSMEs in the sector.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hohXp7

No going back on privatisation of BPCL, Air India

The spadework started late last year and 2020 was supposed to be the landmark year in India's history of privatisation with at least three top PSUs -- the nation's second-biggest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), national carrier Air India and Shipping Corporation of India (SCI) up for sale.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mMlAq8

India to bank on innovative ways to garner Rs 1.75 lakh crore investment for renewable sector

India will look to be more innovative in its approach to garner additional investments worth Rs 1.75 lakh crore for having 35 GW of renewable power generation capacity next year to meet the ambitious target of 175 GW of clean energy capacity by 2022.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hng9gj

Welspun Corp bags orders for more than Rs 6,000 crore to be executed through Q3 and Q4 of FY21

The company has planned an expenditure of Rs 1,200 crore on a ductile iron pipe-making capacity, which involves setting up a 400 KMTPA of steel-making facility which will be completed by the end of Q3 of FY 22 , amid a shortage of iron ore across the country.

from Energy-Industry-Economic Times https://ift.tt/2JsEaGk

OPINION: New year, new decade and new momentum for energy transition

RE for India seems to be another industry which, apart from environmental benefits and climate change imperative, could become a major economic growth driver, job-creator and could put India on global-map in the coming decade.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pqvC1P

India to bank on innovative ways to garner Rs 1.75 lakh crore investment for renewable sector

India will look to be more innovative in its approach to garner additional investments worth Rs 1.75 lakh crore for having 35 GW of renewable power generation capacity next year to meet the ambitious target of 175 GW of clean energy capacity by 2022.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hrJE0r

Solar power plant of 3 Mw capacity launched at NTPC, Kahalgaon in Bihar

NTPC sources claimed that the solar power plant was the first in eastern India where power generation by coal would be supplemented by alternative energy resources.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WK4uid

Delhi Police sets up solar energy-enabled modern beat booth at India Gate

The Delhi Police on Saturday set up a solar energy-enabled 'modern beat booth', which is also water, fire and vandalism proof, at the iconic India Gate here, officials said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KYm1AA

Coal India set to diversify into non-coal mining areas in 2021

Against all odds, including the slump in coal demand, the government opened up the country's mining sector for private players by auctioning 19 blocks.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mShcpI

M N Dastur joins US-funded study on carbon capture at IOC's Koyali refinery

This will be the country’s the first refinery carbon capture and utilization project, in which TX-based Air Liquide Global E&C Solutions

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37Pq6Qr

No revision in petrol & diesel prices

Petrol and diesel prices remained unchanged on Saturday as oil marketing companies continued to maintain a wait and watch stance amid range-bound global oil prices.

from Energy-Industry-Economic Times https://ift.tt/38FiZJL

2021: India to bank on innovative ways to garner Rs 1.75 lakh cr investment for renewable energy sector

"There is a fund requirement of Rs 1.75 lakh crore to achieve the balance capacity of 35 GW (under bidding/ to be bid out/ auctioned) to achieve an overall target of 175 GW," Director General of Solar Power Developers Association Shekhar Dutt told.

from Energy-Industry-Economic Times https://ift.tt/2WI8NKK

Oil edges higher after Brexit deal, gains capped by pandemic

The market built gains overnight as Britain and the European Union reached a post-Brexit trade deal, reversed those gains, and then rebounded during the U.S. session to end modestly higher.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hhbSel

MSEDCL floats solar bids for 6,500 MW, signs pacts for only 527 MW

The company had floated bids for 6,500 MW solar power in three years, but received bids for only 1,873 MW and it was able to sign agreements for only 527 MW

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34JuoXv

Bharat Forge invests another Rs 2.87 cr in ASPL to use 8.20 MW solar power

After this investment, the company now holds 11 per cent stake in ASPL. Bharat Forge has presence in automotive, power, oil and gas, and construction sectors.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2LXUPCj

Italy enlists Eni, Snam and CDP to help drive energy transition

The three groups said in a joint statement on Wednesday that they would team up to produce, transport and market green hydrogen as well as to use the gas for rail transport.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3psTyBB

China's winter chills clean energy transition as factories fire up

The surge in demand also comes as the cold hampers the ability of renewable energy to fill the gap left by a severe coal shortage

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3plOH5i

Bharat Forge invests another Rs 2.87 cr in ASPL to use 8.20 MW solar power

After this investment, the company now holds 11 per cent stake in ASPL. Bharat Forge has presence in automotive, power, oil and gas, and construction sectors.

from Energy-Industry-Economic Times https://ift.tt/3nP7p4N

Assam extends ban on strike by oil and gas sector employees for 6 months under ESMA

Strike by the officers, workers, contract labourers, tanker drivers and their helpers involved in the oil and gas sector has been prohibited till June 30 next year under the ESMA, the statement said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3rrX2X1

Power discom MDs answerable in case of poor consumer service: UP energy minister

Expressing displeasure over the complaints about faulty billing, Sharma said that by January 31 next year, MDs should ensure 100 per cent downloadable billing in all districts

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aHln5l

No response from discoms for power offtake from 4 GW tender, SECI tells Azure Power

However, it added that the firm continues to work towards signing power purchase agreements (PPAs) for the 4-GW tender for which they have already received a Letter of Award.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mJqS5D

No response from discoms for power offtake from 4 GW tender, SECI tells Azure Power

However, it added that the firm continues to work towards signing power purchase agreements (PPAs) for the 4-GW tender for which they have already received a Letter of Award.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34IvrXS

Adani's deal to buy stake in Odisha Power Generation Corp cancelled

Accordingly, the sellers have transferred the AES shareholding in OPGC to the agency authorised by the Odisha government. With this development, the SSPA signed in June has ceased to be effective

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3rt1wwI

CIL board approves venturing into aluminium, solar sectors

The board also approved creating SPVs, subject to obtaining concurrence from Niti Aayog, DIPAM and after completion of feasibility studies and business analysis

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hflPch

OPINION: Can the Indian steel industry Join the Hydrogen revolution?

If India wants to retain the edge as one of the leading steel producers globally, the Government should provide incentives through policies for adoption of hydrogen.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38BN7Fx

Rajasthan: New draft rules to cloud rooftop solar power’s future

If the state electricity regulator follows the ministry of power regulations on ‘Grid Interactive Rooftop Solar PV system’, it will help the financially stretched out discoms

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hhzMGl

Maharashtra: MSEDCL to miss deadline for solar farm pumps

The Maha Vikas Aghadi (MVA) government has set a target of installing one lakh solar agricultural pumps per year.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ryAjZB

India only major country set to achieve targets of Paris Agreement: PM Modi

PM Modi attended the centenary celebrations of Visva-Bharati University in Shantiniketan, West Bengal, via video conferencing today.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KNbtnH

Adani Power terminates pact to buy 49 pc stake in Odisha Power Gen Corp

In June this year, Adani Power had announced inking a share sale and purchase agreement (SSPA) to acquire from AES OPGC Holding and AES India Pvt Ltd (collectively referred as sellers) total 89,30,237 equity shares held in OPGC representing 49 per cent of the total issued, paid-up and subscribed equity share capital.

from Energy-Industry-Economic Times https://ift.tt/3nMSiZD

India only major country set to achieve targets of Paris Agreement: PM Modi

PM Modi attended the centenary celebrations of Visva-Bharati University in Shantiniketan, West Bengal, via video conferencing today.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aGm9zy

Deliveries of fastest electric motorcycle start

One Electric will commence deliveries in Tamil Nadu and Kerala next month in January 2021, followed by Maharashtra and Delhi NCR thereafter

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WGRfPl

PM to virtually inaugurate Kochi-Mangaluru GAIL pipeline

Vijayan told reporters here that it was a matter of happinessthat the Prime Minister had agreed to launch the natural gas pipeline project.

from Energy-Industry-Economic Times https://ift.tt/3nO5JbR

India makes future coal import disclosures mandatory

Importers of coking coal, steam coal and bituminous coal would have to gain a permit ahead of deliveries, the commerce and industry ministry said on Wednesday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aLi0KJ

Petrol, diesel prices remain unchanged on Thursday

The price of petrol in Mumbai remained at Rs 90.34 and diesel at Rs 80.51, the two fuels remained at Rs 86.51 and Rs 79.31 a litre respectively in Chennai

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34ITIwT

NGT directs secretaries of Power, Coal ministries to undertake safety audit of thermal power stations

The NGT bench headed by its chairperson Justice Adarsh Kumar Goel directed remedial measures to be adopted for future.

from Energy-Industry-Economic Times https://ift.tt/3pkjuiT

India to put in place Coal Import Monitoring System from February 1

India will implement a Coal Import Monitoring System (CIMS) from February 1 that would require coal importers to submit advance information in an online system for import and obtain an automatic registration number.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34Gcfds

NGT directs Centre, states to install 'Bird Diverters' on existing solar and wind powerlines

A bench of the NGT, headed by its chairperson Justice Adarsh Kumar Goel issued several directions on Wednesday while disposing of a petition on an NGO

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KT9zBQ

Petrol, diesel prices remain unchanged on Thursday

Petrol and diesel prices remained unchanged on Thursday as oil marketing companies continued to maintain a wait and watch stance amid a stable global oil market.

from Energy-Industry-Economic Times https://ift.tt/3pjqTil

ABC Renewables, Adani Renewables, Amp Energy win SECI’s 1.2 GW hybrid tender

The three firms won 380 MW, 600 MW, and 130 MW capacities, respectively, at a tariff of Rs 2.41 per unit

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34Gp7Qw

Banks expect to recover Rs 12K cr from sale of Videocon's oil blocks in Brazil

The revised valuation was discussed at a recent meeting of the bankers where they also accepted a request from potential bidders to extend the deadline for bids to the first week of January, these people said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hdFmJU

Adani Green Energy emerges as largest winner in hybrid auction

The company won 600MW at a tariff of Rs 2.41 per unit. ABC Renewable Energy, and AMP Energy won 380MW and 130MW respectively at the same tariff. Acme Solar bagged 90MW at a tariff of Rs 2.42 per unit

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aEKy8A

Fuel sale coming back to pre-COVID level: IOC official

Speaking about the new LPC cylinder named Chhotu which weighs just 5 kg, Akhauri said the company is planning to distribute it with the help of grocery shops and fuel outlets

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KAxLcD

Adani Green Energy emerges as largest winner in hybrid auction

The company won 600MW at a tariff of Rs 2.41 per unit. ABC Renewable Energy, and AMP Energy won 380MW and 130MW respectively at the same tariff. Acme Solar bagged 90MW at a tariff of Rs 2.42 per unit

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mLqi7B

ABC Renewables, Adani Renewables, Amp Energy win SECI’s 1.2 GW hybrid tender

The three firms won 380 MW, 600 MW, and 130 MW capacities, respectively, at a tariff of Rs 2.41 per unit

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WCVkUC

Cairn Energy wins over $1.2bn arbitration award against India at ICJ: What's the dispute all about

from Energy-Industry-Economic Times https://ift.tt/2WHwvqE

CG Power starts operations at smart motor unit at Ahmednagar

The new facility will manufacture low voltage smart electric motors of capacity in the range of 75 kW to 1,000 kW and expand the company's product offerings in the domestic and global market.

from Energy-Industry-Economic Times https://ift.tt/34CaEFa

Fuel sale coming back to pre-COVID level: IOC official

In Maharashtra, the sale is yet to reach the pre-COVID situation and the deficit in diesel sale is still around 12 per cent, Executive Director and Maharashtra State head of IOC Amitabh Akhauri told reporters here.

from Energy-Industry-Economic Times https://ift.tt/3azMFKM

Adani Green Energy emerges as largest winner in hybrid auction

More than 3000 MW of bids were received for this tender although previous hybrid tenders issued by SECI were undersubscribed, sources told ET.

from Energy-Industry-Economic Times https://ift.tt/3hbJQ3I

Reliance-BP’s natural gas production to raise domestic consumption and cut expensive imports, say analysts

RIL-BP’s production has started at a time the liquefied natural gas (LNG) prices in the international spot markets are roaring. Spot LNG rates in Asia have jumped to above $11 per unit this month, a six-year-high.

from Energy-Industry-Economic Times https://ift.tt/3pgSLno

Vikram Solar commissions rooftop solar plant at its manufacturing unit in Kolkata

It said that the project would help in offsetting about 1,645 tonnes CO2 emissions per year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37GQADK

Vikram Solar commissions rooftop solar plant at its manufacturing unit in Kolkata

It said that the project would help in offsetting about 1,645 tonnes CO2 emissions per year

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hdA15h

Vikram Solar commissions over 900 KW solar plant at Falta unit in West Bengal

The newly commissioned plant will fulfil over 27 per cent of the total electricity requirement of the said unit where the company produces PV (photo-voltaic) modules, Vikram Solar said in a statement. "Vikram Solar commissioned a 919.73 KWp (kilowatt peak) rooftop solar project on their manufacturing facility in Falta, West Bengal earlier this month," it said.

from Energy-Industry-Economic Times https://ift.tt/3mF9fnv

Delhi industries asked to switch over to PNG by January-end

All the industrial units spread across 50 areas in Delhi have been directed to switch over to Piped Natural Gas (PNG) by January 31 next year. This move is aimed at reducing the city's air quality index which has been deteriorating regularly.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WBUXcW

Japan's renewable energy sector seeks carbon-neutral windfall

Since announcing the 2050 target in November, Prime Minister Yoshihide Suga's government has pledged to spend $20 billion on green tech and set ambitious new wind power targets.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JiCvD8

Cairn Energy wins retro tax arbitration; India ordered to pay USD 1.2 bn

The tribunal asked India to pay the funds withheld along with the interest to the Scottish oil explorer for seizing dividend, tax refund, and sale of shares to partly recover the dues

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M5Lp89

No change in petrol, diesel prices for 16th consecutive day

Petrol price was very close to breaching the all time high level of Rs 84 a litre (reached on October 4, 2018) when it touched Rs 83.71 a litre on December 7. But the march has been halted ever since then with no price revision by the OMCs.

from Energy-Industry-Economic Times https://ift.tt/3nJnNEf

A heavy load of multiple taxes keeps petrol and diesel prices at an all-time high

A heavy load of multiple taxes keeps petrol and diesel prices at an all-time high

from Energy-Industry-Economic Times https://ift.tt/2WHju0d

CCUS, Hydrogen and Bioenergy can help achieve net zero emission: Report

Decarbonization becomes difficult due to investments locked-in in coal-based power plants in developing countries

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KlI5Fq

Cairn Energy wins investment treaty arbitration against India over tax dispute: Sources

Cairn in March 2015 filed a formal dispute against a demand for more than $1.6 billion from the Indian tax department that dates back to the 2007 listing of its then Indian operation.

from Energy-Industry-Economic Times https://ift.tt/34zuil9

India's natural gas consumption rises 2% in November from a year earlier

The consumption rose to 5.2 billion cubic meters (BCM) from 5.1 BCM last November, as per the official data. The demand for the April-November period is down nearly 5% from last year.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2LQYmST

MUFG gets Green Certification for $333 mn SoftBank’s financing

The 900 megawatt-DC solar farm in the Phalodi-Pokhran Solar Park in the State of Rajasthan, India, is the seventh and largest project of its type in line to be commissioned by SB Energy Holdings Limited (SB Energy), a majority-owned subsidiary of SoftBank Group.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3haw7KF

Amid China row, IOC expands Ladakh network to bring fuel at doorstep in isolated villages

The company has added nine outlets, taking the total to 19, across Leh and Kargil districts in the three months and also launched a scheme to provide four LPG refills in advance for the winter months to consumers in 30 isolated villages

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3azJ6UK

Abjayon partners with ISGF on pilot project into solar power using blockchain technology

Uttar Pradesh recently launched India and South-Asia’s first blockchain-enabled P2P trading of rooftop solar power.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3puyqeD

Siemens Energy has no plans to sell Siemens Gamesa -Handelsblatt

Spanish newspaper Expansion earlier this month cited financial sources as saying that Mitsubishi Heavy Industries and Shanghai Electric had approached Siemens to assess its willingness to sell.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WGTm5r

MUFG gets Green Certification for $333 mn SoftBank’s financing

The 900 megawatt-DC solar farm in the Phalodi-Pokhran Solar Park in the State of Rajasthan, India, is the seventh and largest project of its type in line to be commissioned by SB Energy Holdings Limited (SB Energy), a majority-owned subsidiary of SoftBank Group.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Ktkliw

Engie, Equinor, Enel announce data sharing project to improve operations

The project would unlock operational insights and create an operational wind turbine performance baseline

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37I6xJC

Private power cos to get Rs 40,000 crore liquidity boost: Crisil

The scheme comes as a big relief for power generators as state discoms have been delaying payment due to their weak financial position and weak cash flows during Covid-19-led lockdowns. Overdues to private generators was a staggering Rs 59,000 crore as of October this year.

from Energy-Industry-Economic Times https://ift.tt/3hmyDxD

Rs 40,000 crore liquidity boost for private coal-based power plants

Weakening of cash flows during Covid-19-led lockdowns ratcheted up overdues to private gencos of Rs 59,000 crore as of October this year, CRISIL said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34BqeAY

India's crude oil production slips 5 pc in November

Crude oil production in November at 2.48 million tonnes was lower than 2.61 million tonnes produced in the same month a year back

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nM0iKA

India's natural gas consumption rises 2% in November from a year earlier

The consumption rose to 5.2 billion cubic meters (BCM) from 5.1 BCM last November, as per the official data. The demand for the April-November period is down nearly 5% from last year.

from Energy-Industry-Economic Times https://ift.tt/2KRaOBx

MUFG gets Green Certification for $333mn SoftBank’s financing

The 900 megawatt-DC solar farm in the Phalodi-Pokhran Solar Park in the State of Rajasthan, India, is the seventh and largest project of its type in line to be commissioned by SB Energy Holdings Limited (SB Energy), a majority-owned subsidiary of SoftBank Group.

from Energy-Industry-Economic Times https://ift.tt/2JaTJSK

MUFG achieves green certification for solar farm in India

This marks the first green certification of a solar project loan for both the client and the country, and underscores both MUFG's sustainable financing capabilities as well as commitment towards partnering clients in their environmental, social and governance (ESG) objectives, said the company in a statement released in Singapore.

from Energy-Industry-Economic Times https://ift.tt/3piMs2u

India's crude oil production slips 5 pc in November

India is dependent on imports for 85 per cent of its needs and the government is pushing domestic explorers to raise output to help cut down imports.

from Energy-Industry-Economic Times https://ift.tt/3ph1eqM

Dharmendra Pradhan dedicates Bengal basin to nation, says discovery would aid India's energy security

While dedicating the Asokenagar discovery to the nation, Pradhan said that the discovery would play a role for India's energy security. He stated that the discovery would definitely add to the commitment towards Prime Minister Narendra Modi's clarion call for reducing oil import dependence.

from Energy-Industry-Economic Times https://ift.tt/3pdAtDx

OIL signs pact with Assam Hydrocarbon & Energy Co

While Oil India is the country's second-largest state-owned explorer of oil and gas, AHECL is an Assam government firm that was established in 2006 for the exploration of hydrocarbons.

from Energy-Industry-Economic Times https://ift.tt/3mE4UBe

Private thermal power companies get Rs 40,000-crore liquidity boost: Report

These two measures can help them with a liquidity support of Rs 40,000 crore, improving their overall credit profiles, Crisil said in a report on Tuesday.

from Energy-Industry-Economic Times https://ift.tt/3nIggp9

Amplus Solar may look at more acquisitions in current fiscal year

In September, Amplus, the India arm of Malaysia’s state-run oil and gas company Petronas, had acquired about 100 MW solar assets from Acme Solar

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3h7RtID

Petrol, diesel prices static for 15th day in a row

Accordingly, the pump price of petrol remained at Rs 83.71 a litre and diesel Rs 73.87 a litre in Delhi on Tuesday. Across the country as well, the price of the two petroleum products remained unchanged

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WCWek4

In a first, Udham Singh Nagar to get solar-power irrigation schemes

On a pilot basis, two such units have been developed, said CDO Khurana. “The cost of one unit will be around Rs 11 lakh with free yearly maintenance

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WBpJ5x

Make in India: BHEL plans to shift Rs 3,000 cr worth of annual imports to local vendors

He said BHEL is looking beyond power equipment into transportation, infrastructure for Oil & Gas, Defence and Aerospace and other sunrise sectors

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WE0ijK

Govt looks to advance 20 per cent ethanol blending with petrol

Sources said that the deadline may now be advanced to 2025 or as early as 2023 to allow sugar mills to convert excess sugarcane or sugar for producing higher quantity of ethanol required for blending with petrol

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KJHrRU

Coal India's fuel allocation under spot e-auction rises 59 pc during Apr-Nov

Fuel allocation by CIL under the scheme also increased to 4.09 MT in November, from over 3.58 MT in the corresponding month of 2019

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38pUIah

INFOGRAPHIC: India’s energy patenting increased sharply since 1990s

A strong focus was on renewables, smart grids, and electric mobility

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Kr0dxw

Amplus Solar may look at more acquisitions in current fiscal year

In September, Amplus, the India arm of Malaysia’s state-run oil and gas company Petronas, had acquired about 100 MW solar assets from Acme Solar

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34C7TE5

Oil slips again as new coronavirus strain proves 'nightmare before Christmas'

U.S. West Texas Intermediate (WTI) crude futures dropped 30 cents, or 0.6 per cent, to $47.67 a barrel at 0156 GMT, while Brent crude futures fell 26 cents, or 0.5 per cent, to $50.65 a barrel

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WB76yJ

CII seeks imposition of basic custom duty on solar power equipment

The CII representatives have met the finance ministry top brass to represent the infrastructure sectors during a scheduled pre-budget meeting on Monday.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mFI7Vt

U.S. federal spending bill includes funding to combat climate change

The bill, if passed, would mark the first time in 13 years that Congress used energy policy to tackle global warming

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WBzVLs

Assam Hydrocarbon in pact with OIL for exploration, production in Namrup Block

According to the MoU, AHECL would receive ten percent participating interest in exploration and production of crude oil and natural gas in the Namrup Block allotted to OIL, covering an area of 125 sqkm.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38pPUBQ

Western Coalfields to enter into JV with Orissa Mineral Development Corp

Chairman and Managing Director Rajiv R Mishra aid 20 more mines will be opened by 2023-24, which shall sustain the production level over 75 million tonnes.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3riVwWX

Energy China plans $3.6 bln investment on integrated energy project in Erdos

Energy China also plans to build some electricity storage facilities to go alongside with the integrated energy project, said the statement without revealing more details

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38sMdv2

Shell writes down up to $4.5 billion in oil and gas assets

Oil refinery utilisation is expected to be at between 72 per cent and 76 per cent of capacity, reflecting continued weak demand due to the coronavirus pandemic

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34vgJmS

APP asks power ministry to reintroduce gas subsidy scheme to revive power plants

The body has also sought dedicated allocation or auction of gas for power sector and inclusion of natural gas under goods and services tax (GST) regime to maintain 5 per cent tax across the country

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3haPWBp

Chandigarh: Over 300 give consent for solar plant scheme

Recently, on the directions of the JERC, the administration had started a demand survey. Though the process is still going on, over 300 people have already given consent for the model

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3auMyA1

Solar power tariff dips to all-time low of Rs 1.99/unit

Solar power tariff had dropped to record low of Rs 2per unit in an auction for 1,070 MW projects conducted by the Solar Energy Corporation of India (SECI) last month

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Wz9CWe

Norway's Statkraft sells two planned Irish wind farms to Greencoat

Statkraft will start construction of the Cloghan 37.8 megawatt wind farm in County Offaly and the Taghart 25.2 megawatt farm in County Cavan in early 2021.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pbjPnZ

China's wind, solar power will not need state subsidies - top energy official

"There is generally no need for the government to subsidise wind, solar and other new energies. They will primarily be driven by the market," said Zhang Jianhua.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KK8ufS

Solar power tariff dips to all-time low of Rs 1.99 per unit: Report

State-run power giant NTPC (200MW), Torrent Power (100MW), Saudi Arabian firm Al Jomaih Energy and Water Co. (80MW) and Aditya Birla Renewable (120) have emerged as the lowest bidders by quoting Rs 1.99 per unit tariff under the auction, according to a report of PTI.

from Energy-Industry-Economic Times https://ift.tt/3h52IBo

Government promulgates rules for right of power consumers

Power minister R K Singh said that these rules shall empower the consumers of electricity. “These rules emanate from the conviction that the power systems exist to serve the consumers and the consumers have rights to get the services and reliable, quality electricity,” he said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ayBjXk

APP asks power ministry to reintroduce gas subsidy scheme to revive power plants

The body has also sought dedicated allocation or auction of gas for power sector and inclusion of natural gas under goods and services tax (GST) regime to maintain 5 per cent tax across the country.

from Energy-Industry-Economic Times https://ift.tt/3aHWGpt

Government promulgates rules for right of power consumers

Power minister R K Singh said that these rules shall empower the consumers of electricity. “These rules emanate from the conviction that the power systems exist to serve the consumers and the consumers have rights to get the services and reliable, quality electricity,” he said.

from Energy-Industry-Economic Times https://ift.tt/2KNjOrl

Petrol, diesel prices steady for two weeks

OMCs have gone on a pause mode at a time when news of successful coronavirus vaccine and expectations of big pick up in demand had kept crude on the boil with prices breaching $50 a barrel mark

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WF6mbH

Oil's vaccine trade faces hurdles ahead: Julian Lee

The only tool most governments had to slow contagion was to shut down their economies, causing an unprecedented slump in oil demand

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WynhwF

OPINION: 2021 outlook for M&A in renewable energy sector

Indian Renewable Energy space will certainly be an attractive opportunity in the next year. However, to meet the investments needed for 2030 target, right policies and right instruments need to be introduced.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WAxc4M

BPCL sale: India plans tough annual targets for state firms to boost valuations

Modi's government prepared a plan to raise as much as 3.25 trillion rupees ($44 billion) by selling its stakes in companies including Oil and Natural Gas Corp, Indian Oil Corp, NMDC Ltd, Coal India, Bharat Heavy Electricals Ltd and BEML Ltd.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mAdD7d

Hillhouse Capital Management to buy 6 per cent stake in LONGi

LONGi shareholder Li Chunan had agreed a deal with Hillhouse on Dec. 19 to sell 226 million shares, or 6% of the company, at 70 yuan per share.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WB4QaC

Indian railways plan to rejig 3 GW solar tender after tepid response

Sources said a meeting with developers and investors is being planned on December 23 to get their perspective and develop a market-conducive bid document.

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DDU Junction declared as ‘green station, gets Silver rating

The Indian Green Building Council (IGBC) has awarded Pt. Deen Dayal Upadhyay Junction with Silver rating after it was declared a ‘green station’. The station scored 51 points out of 100 for its environment-friendly initiatives.

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Biden announces his climate and energy team to enact 'ambitious' plan

He called his term as the "right group" to lead the government's "ambitious" plan to address climate change, CNN reported.

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Indian railways plan to rejig 3 GW solar tender after tepid response

Sources said a meeting with developers and investors is being planned on December 23 to get their perspective and develop a market-conducive bid document.

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ONGC opens eighth hydrocarbon producing basin of India

State-owned Oil and Natural Gas Corporation (ONGC) on Sunday opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KmI6sw

Dharmendra Pradhan dedicates Bengal's first oil and gas reserve to nation

West Bengal found a place in the oil map of India as Union Minister Dharmendra Pradhan on Sunday dedicated an oil and gas producing field in North 24 Parganas district to the nation.

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ONGC starts oil production in Bengal Basin

In a statement, the public sector energy major said that Union Petroleum & Natural Gas Minister, Dharmendra Pradhan on Sunday dedicated the Bengal Basin, the eight producing basin of India to the nation.

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NTPC looks at JV with NIIF for renewable infrastructure investment trust

Country's largest power producer NTPC proposes to forge a joint venture with government's strategic investment fund NIIF to set up an infrastructure investment trust (InvIT).

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3h7NWKq

ONGC opens 8th hydrocarbon producing basin of India

State-owned Oil and Natural Gas Corporation (ONGC) on Sunday opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin.

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Reliance, BP to get government capped price of USD 4.06 for new gas from KG-D6

If Brent crude oil stays in the current range of USD 50 to 51 a barrel, the price comes to USD 4.2 to 4.4 per million British thermal unit, two sources at the buyers of R-Series gas said.

from Energy-Industry-Economic Times https://ift.tt/37zG94M

Dharmendra Pradhan dedicates Bengal's first oil and gas reserve to nation

West Bengal found a place in the oil map of India as Union Minister Dharmendra Pradhan on Sunday dedicated an oil and gas producing field in North 24 Parganas district to the nation.

from Energy-Industry-Economic Times https://ift.tt/2Kl0UIE

Power consumption grows 4.8% in first half of December

In November, the power consumption growth slowed to 3.7 per cent to 97.43 BU compared to 93.94 BU in the same month last year mainly due to early onset of winters.

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Govt will endeavour to provide freshest air possible: Nilesh Cabral

He also said that charging stations for electric vehicles will be set up shortly across the state to promote the use of electric vehicles.

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Solar tariffs continue to reach new record lows with a tariff of Rs 1.99 per unit

In the 500MW auction conducted by Gujarat's distribution company, NTPC, Torrent Power, Aljomaih Energy and Water Company, and Aditya Birla Renewables won 200MW, 100MW, 80MW and 120MW respectively at a tariff of Rs 1.99 per unit, sources said.

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Goa: Power minister inaugurates first convergence project in Goa

The 100MW project will be implemented by the CESL, a wholly owned subsidiary of Energy Efficiency Services Limited (EESL).

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Lubricant blending plant of IOC inaugurated in Kolkata

Pradhan was quoted as saying that the unit is strategically located near the port area and will have an annual throughput of one lakh kilolitre. Vaidya said it will be the largest plant in Eastern India and help industries like steel, railways, engineering, fertiliser and power.

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NTPC looks at KV with NIIF for renewable infrastructure investment trust

Country's largest power producer NTPC proposes to forge a joint venture with government's strategic investment fund NIIF to set up an infrastructure investment trust (InvIT).

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Guwahati to get piped gas supply by next year

Rupam Goswami,Chairman of Duliajan Numaligarh pipeline Limited (DNPL), said that the work to bring the gas line from Numaligarh in Upper Assam to Nagaon, is on. “The gas line is expected to start supply by next year in Guwahati,” he said.

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Solar tariffs continue to reach new record lows with a tariff of Rs 1.99 per unit

In the 500MW auction conducted by Gujarat's distribution company, NTPC, Torrent Power, Aljomaih Energy and Water Company, and Aditya Birla Renewables won 200MW, 100MW, 80MW and 120MW respectively at a tariff of Rs 1.99 per unit, sources said.

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