Friday, January 31, 2020

New power generation companies to be taxed at 15%

To boost power generation capacity, government has extended the new corporate tax regime for new manufacturing plants to new power generation companies.

from Energy-Industry-Economic Times https://ift.tt/2OfA17S

Large solar power capacity alongside rail track to be set up: FM

"1,150 trains will be run in PPP mode, also four stations will be redeveloped with the help of private sector," she said.

from Energy-Industry-Economic Times https://ift.tt/2tio0qN

Budget allocates Rs 22,000 cr to power and renewable sector for FY 21; consumers to get choice of supplier

The power distribution companies are under financial stress and the power ministry has been trying to implement smart meters, she said in her Budget speech.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36McrFZ

Budget 2020: Govt will advise utilities to close down thermal power plants violating clean air norms

As part of its Intended Nationally Determined Contribution, the energy intensity of India’s growth is targeted to decline by 33 to 35 percent by 2030 compared with 2005

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2UcuH8Z

Old, inefficient power plants to be advised to close down

Utilities running thermal power plants, which are old and have higher carbon emissions, would be advised to close them, she said.

from Energy-Industry-Economic Times https://ift.tt/2vG40iN

Union Budget: Rs 22,000 crore to power and renewable sector; consumers to get choice of supplier

The power distribution companies are under financial stress and the power ministry has been trying to implement smart meters, she said .

from Energy-Industry-Economic Times https://ift.tt/2RK7cSZ

Budget allocates Rs 22,000 cr to power and renewable sector for FY 21; consumers to get choice of supplier

The power distribution companies are under financial stress and the power ministry has been trying to implement smart meters, she said in her Budget speech.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36McrFZ

Budget 2020: Major focus on PM KUSUM scheme to help farmers generate income from solar power

“I propose to extend the scheme to allow 20 lakh farmers to set up standalone solar pumps. Also, 15 lakh farmers will be helped to solarize their grid-connected agricultural pumps

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38REEg2

Budget 2020: Major focus on PM KUSUM scheme to help farmers generate income from solar power

“I propose to extend the scheme to allow 20 lakh farmers to set up standalone solar pumps. Also, 15 lakh farmers will be helped to solarize their grid-connected agricultural pumps

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38REEg2

Budget 2020: Simplified return for GST from April 2020: Nirmala Sitharaman

In her second Budget presentation, the finance minister said GST (goods and services tax) has resulted in gains of Rs 1 lakh crore to consumers and removed inspector raj and also helped the transport sector

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3b3MnJK

Budget 2020: FM says Budget 2020 to boost income and purchasing power: Key highlights

271 million people raised out of poverty between 2006 and 2016, says Nirmala Sitharaman.

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

Budget 2020: What income tax changes to expect from this budget

The last meaningful change in income tax slabs was made in 2014 when the Modi government presented its first Union budget

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

Budget 2020: Modi government’s last four union budgets a mixed bag for oil and gas industry

The government also rejigged the duty structure for petrol and diesel that had no material impact on the final excise duties paid on the two commodities, with an intention to subsume the quantum of education cess levied on them

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2OfR8WW

Expenditure on infrastructure may go up in Union Budget: SBI Chairman

As the Union Budget of India for 2020-2021 will be presented on February 1, industry experts have their expectations from the Finance Minister, Nirmala Sitharaman to bring the corrective measures which will drive the economy forward

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

Will the Union Budget 2020 make it India's decade?

The Prime Minister called for wide discussions on the economic issues in the country and how to maximise benefits to India in the current global economic scenario

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ti3jv7

Global metallurgical coal prices may fall as China virus weighs on steel production

In the very near term, impacts on domestic metallurgical coal supply are likely to be bigger than demand. Coal supply usually recovers as employees return after the holidays, but many miners will now face restrictions – some self- imposed

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36RKxIZ

Global thermal coal prices to fall following coronavirus outburst in China

The impact on prices, though, is likely to be muted. Prices have already fallen so significantly through 2019 that many producers across the globe are in a negative margin situation

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2UeJ78z

Greenko, ReNew win world’s largest renewable-cum-storage based firm supply tender for 1.2 GW

While Hyderabad headquartered Greenko has been awarded 900 MW after quoting a peak power tariff rate of Rs 6.12 (~$0.086)/ kWh, ReNew Power will supply the residual 300 MW. Its bid for peak tariff came at Rs 6.85 (~$0.096)/ kWh

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37PC0Yi

Use crop residue as alternate fuel: Economic Survey

Burning of agricultural residues, leading to rise in pollutant levels and deterioration of air quality, is a major concern, the survey said.

from Energy-Industry-Economic Times https://ift.tt/2S5l1dR

Another $100-bn investment required to meet 175 GW RE target: MNRE Secy

Speaking of green financing, Kumar said, "We know that getting green financing is not easy, though we are trying to get support from the World Bank to help in the rooftop programmes

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

Brazil's Petrobras to sell stakes in wind farms: filing

Petrobras, as the company is known, owns 49% in Mangue Seco 1 and 51% in Mangue Seco 2, the filing said

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

Another $100-bn investment required to meet 175 GW RE target: MNRE Secy

Speaking of green financing, Kumar said, "We know that getting green financing is not easy, though we are trying to get support from the World Bank to help in the rooftop programmes

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

India's coal production dropped 5 per cent this fiscal year due to excessive rainfall: Economic Survey

The overall coal production in India during the last financial year stood at 730.4 million tonne (MT) displaying a growth of 8.1 per cent

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37QS1gE

Renewable energy industry looks to Budget to offset lull in sales

“The government has to do something about payment security. You can fundamentally improve the health of discoms. This could be done in the form of loans from Power Finance Corp and Rural Electrification Corp,” said Sumant Sinha, managing director of Renew Power, the largest IPP in the country.

from Energy-Industry-Economic Times https://ift.tt/2S3H4Sc

India to have 450 GW renewable energy by 2030: President

The country is already working on the target of having 175 GW of renewable energy by 2022 which includes 100 GW of solar and 60 GW of wind energy

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2u54236

Renewable energy industry looks to Budget to offset lull in sales

According to reports, the Ministry of New and Renewable Energy has sent in a recommendation to the finance ministry to impose customs duty on solar equipment

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2S99bPR

Petrol, diesel prices cut further on Friday

The price of petrol was cut by 9 paise and that of diesel by 8 paise across all major cities on Friday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36OXCml

Power demand not a reliable indicator of economic health: Eco Survey

“For example, growth in electricity consumption was negatively correlated with real GDP growth in 1980-84, positively so in 1985-89, negatively so in 1990-99, positively so in 2000-04 and negatively so in 2005-09, flipping signs four times before 2011, the year of methodology revision,” the survey said.

from Energy-Industry-Economic Times https://ift.tt/31d7m8o

India playing effective role globally in clean energy: Prez Kovind

President Ram Nath Kovind said the government has enhanced the target for producing renewable energy to 450 gigawatt, keeping environment conservation in mind

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2vy3OBX

Economic Survey: BPCL disinvestment approval boosted shareholders value by Rs 33,000 cr

The survey observed that the increase in equity value of shareholders reflects an increase in the overall value of BPCL, from anticipated gains from consequent improvements in the efficiency of the refinery, when compared to HPCL which continues to be under government control.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31dGW6t

Paradigm shift in power sector: Economic Survey

The survey did not comment on stressed power assets, financial health of ailing distribution utilities, decline in power demand and issues such as states reneging renewable energy contracts. India improved its ranking in the Energy Transition Index published by World Economic Forum (76th position), the survey noted.

from Energy-Industry-Economic Times https://ift.tt/36EGAHb

All households, except some in naxal affected Bastar, electrified: Economic Survey

The survey underlined that access to electricity is necessary for making growth inclusive and for promoting ease of living.

from Energy-Industry-Economic Times https://ift.tt/36L70XM

Thursday, January 30, 2020

Indian Oil in talks with Rosneft for sourcing crude oil: Chairman Sanjiv Singh

Singh, on the occasion of the company’s third quarter financial results, shared information on a host of issues including price premium for BS VI fuel, impact of IMO 2020, and the status of the mega west coast refinery. Edited Excerpts..

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

Unit-1 of NTPC's Khargone Super Thermal Power Station to start from Feb 1

With this, the commercial capacity of NTPC and NTPC group will become 48,645 mw and 57,106 mw, respectively

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

Budget 2020: Power industry demands rationalisation of taxes for revival

Timely payment and sanctity of contracts need to be maintained to ensure sound health of the discoms

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2S4mPDL

Oil jumps as WHO declares emergency but recommends no travel, trade restrictions

Oil prices had fallen nearly 4 per cent through Thursday this week - hitting three-months lows - before rebounding on Friday, with investors and traders worried over how the spreading virus would impact demand for oil and its products

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31bXwUg

No road map for PFC-REC merger yet: Govt officials

Even a year after Power Finance Corporation acquired REC for Rs 14,500 crore, the government has no road map on the merger of the two state-run firms that operate in the same space, top officials familiar with the matter said.

from Energy-Industry-Economic Times https://ift.tt/36HLSlx

MNRE issues clarification for phase II of the solar rooftop programme

The MNRE said that the discoms should be prepared for quality measures as prescribed, and quality checks be conducted if deemed necessary by the Ministry

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

BS-VI costs: Oil companies to raise rates by rupee 1 at one go in April

Crude prices are in the comfort zone and product prices are expected to face deflationary pressure as coronavirus casts a shadow over trade, air traffic and global economic growth revival in general.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2tdcyN7

Power Finance Corporation, REC merger hits roadblock

In March 2019, PFC had completed acquisition of a majority stake in REC by transferring Rs 14,500 crore to the government with hope of merger of the two firms in 2019-20

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31fVYJ5

MNRE issues clarification for phase II of the solar rooftop programme

The MNRE said that the discoms should be prepared for quality measures as prescribed, and quality checks be conducted if deemed necessary by the Ministry

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

INNOVATION: Brazilian makes power from a penny worth of paper, graphite paint

The improvised "batteries" draw energy from water vapor in the air, powering LED bulbs, estimating the cost of the materials involved at about 0.05 reais (1.2 cents)

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

UAE’s renewable energy sector grows 400 per cent in 10 years

Through initiatives such as the Mohamed bin Rashid Al Maktoum Solar Park and Masdar, renewable energy projects totalling almost 12 gigawatts were launched in the UAE and in more than 30 countries around the world

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37GtR8b

UAE’s renewable energy sector grows 400% in 10 years

Through initiatives such as the Mohamed bin Rashid Al Maktoum Solar Park and Masdar, renewable energy projects totalling almost 12 gigawatts were launched in the UAE and in more than 30 countries around the world

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37GtR8b

EESL partners BHEL to set up EV charging infrastructure

As part of the agreement, BHEL will offer complete engineering, procurement and construction (EPC) solutions from concept to commissioning while EESL will make the entire upfront investment on services

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Odaj3H

India working on new strategy to meet the target of 10 per cent cut in oil imports by 2022: Oil minister Pradhan

Speaking on India’s renewable energy sector, Pradhan said it is expected to create around 3.30 lakh jobs by 2022 and more than 24 million jobs by 2030.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37Gjrp4

Siemens India’s acquisition of C&S Electric to create India’s second-largest switchgear player: Frost & Sullivan

Consolidation seems to be the name of the game for incumbents to position themselves firmly in India's LV Switchgear space

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36El9Gm

Wednesday, January 29, 2020

Vedanta to raise up to Rs 2,500 cr via debentures

Vedanta Ltd is a diversified natural resources company whose business primarily involves producing oil and gas, zinc-lead-silver, copper, iron ore, aluminium and commercial power

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

HPCL nearly uses entire FY20 capex

The company has been quick on project execution, spending Rs 9,239 crore by the end of December, about 97% of the annual target

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

Brazil's BNDES approves 1 billion reais financing for EDPR wind farm project

The complex comprising six wind farms will have a capacity of 319.2 megawatts, enough energy to serve about 800,000 homes, and construction will begin in January 2021

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

Developed nations not acting on promise of reducing carbon emissions: Javadekar

Highlighting the gap between promise and action by developed countries, he said developing countries should have received USD 1 trillion in assistance from developed countries as per commitments made in Copenhagen

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2uHk0k0

Spanish renewables company Elawan explores sale -sources

ACEK has asked potential bidders to submit first-round bids for Elawan this quarter, the sources said, adding that it is expected to target European utilities and investment funds including Enel

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36CBvPG

Cooking gas prices may rise further as oil subsidies end by FY22

For consumers, the move would mean that their cooking gas price would shoot up by another Rs 100-150 per cylinder over the next one year

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

Tata Power Q3 profit rises 12 per cent to Rs 246 crore

The company's consolidated net profit was Rs 219.79 crore in the quarter ended on December 31, 2018, a BSE filing said

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

Brookfield, Actis eye Acme Solar assets

Bulge-bracket global investors, including Canada's Brookfield and the UK's Actis, are in separate discussions to acquire some solar energy assets from Acme Cleantech Solutions, a cash-strapped Indian power producer.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/317l64U

Brookfield, Actis eye Acme Solar assets

Bulge-bracket global investors, including Canada's Brookfield and the UK's Actis, are in separate discussions to acquire some solar energy assets from Acme Cleantech Solutions, a cash-strapped Indian power producer.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/317l64U

Maharashtra CM Uddhav Thackeray`s son Aaditya Thackeray, mulls solar panels on expressways

The minister also emphasised on the importance of environmental impact reports as the lack of its standing — to form corrective measures — has seen a spurt in protests against the government

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36FKHCO

Anti-solar cells: A photovoltaic cell that works at night

What if solar cells worked at night? That's no joke. In fact, a specially designed photovoltaic cell could generate up to 50 watts of power per square meter under ideal conditions at night, about a quarter of what a conventional solar panel can generate in daytime, according to a recent concept article.

from Renewable Energy News -- ScienceDaily https://ift.tt/2RZwTOv

Anti-solar cells: A photovoltaic cell that works at night

What if solar cells worked at night? That's no joke. In fact, a specially designed photovoltaic cell could generate up to 50 watts of power per square meter under ideal conditions at night, about a quarter of what a conventional solar panel can generate in daytime, according to a recent concept article.

from Solar Energy News -- ScienceDaily https://ift.tt/2RZwTOv

Brookfield, Actis eye Acme Solar assets

Bulge-bracket global investors, including Canada's Brookfield and the UK's Actis, are in separate discussions to acquire some solar energy assets from Acme Cleantech Solutions, a cash-strapped Indian power producer.

from Energy-Industry-Economic Times https://ift.tt/2Oc52cy

New scheme in the works to push discoms clear dues of over Rs 83k cr

The power ministry had earlier directed discoms to open letters of credit in favour of power purchases to stop creation of further discom dues. With the new scheme, the ministry proposes to liquidate the accumulated dues

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Oq0UpN

New scheme in the works to push discoms clear dues of over Rs 83k cr

According to data available on the power ministry’s Praapti Portal, as of September 2019, the outstanding payments of distribution companies to power plants totalled Rs 83,588 crore. Of this, the overdue outstanding amount is Rs 69,139 crore.

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

Demand for drone delivery in e-retail is high, ability to meet that demand low

Consumers want what they want, and they want it now. Drone delivery has long been talked about as an option to satisfy consumer delivery demands, but how realistic is it? New research looks at how possible and desirable it is to use drones for delivery for e-retailers considering cost and effectiveness in certain population areas and in certain locations.

from Energy Policy News -- ScienceDaily https://ift.tt/37DlxGz

Monitoring intermediates in CO2 conversion to formate by metal catalyst

The production of formate from CO2 is considered an attractive strategy for the long-term storage of solar renewable energy in chemical form.

from Fuel Cells News -- ScienceDaily https://ift.tt/36JbeiY

BUDGET 2020 - A prescription for the renewable energy industry: Sunil Jain, Hero Future Energies

The renewable energy industry is hopeful budgetary reform is likely to bring back the sparkle in this sector even amidst the recent flux in the political scenario and forecasts on expected slowdown in the economy, Sunil Jain, CEO & ED, Hero Future Energies writes in a special opinion.

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

New record in renewable energy purchase by corporates globally

The research in its titled ‘1H 2020 Corporate Energy Market Outlook’ said that 19.5 GW of clean energy contracts were signed by more than 100 corporations in 23 different countries in 2019, which was up from 13.6 GW in 2018

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2U7wv2W

Wind energy capacity addition to remain subdued this fiscal: Report

The tariff uncertainty for the wind power projects in Andhra Pradesh has affected investor sentiments in the sector. This is also reflected in the slowdown in the tendering activity of wind power projects by 67 per cent to 2.3 GW in CY2019 (calender year) from 6.9 GW in CY2018.

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

BHEL charts strategic plan to address business challenges

The company has recently launched a company-wide ‘Quality First' initiative aimed at strengthening the quality culture, focussing on delivering world class products and services

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2O8uTCt

Wind energy capacity addition to remain subdued this fiscal: Report

According to ICRA, the wind power sector is facing significant challenges because of delays in making payments by the state distribution utilities and execution delays being faced by the projects

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36GlAA9

BNEF: Corporate clean energy buying leapt 44% in 2019, sets new record

The research in its titled ‘1H 2020 Corporate Energy Market Outlook’ said that 19.5 GW of clean energy contracts were signed by more than 100 corporations in 23 different countries in 2019, which was up from 13.6 GW in 2018

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2U7wv2W

Wind energy capacity addition to remain subdued this fiscal: Report

According to ICRA, the wind power sector is facing significant challenges because of delays in making payments by the state distribution utilities and execution delays being faced by the projects

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36GlAA9

Crude oil futures firm up on global cues

Analysts said raising of bets by participants along with a firm trend overseas mainly kept crude prices higher in futures trade here

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38OJx9L

Tuesday, January 28, 2020

German onshore wind turbine growth slowed sharply in 2019

The industry estimates that, given that power demand is growing, an expansion (of onshore wind) by 5,000 MW per year is essential in order to reach the 65% target by 2030

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

Commercial coal mining to modernize India’s coal sector: Coal ministry official

The Mineral Laws Amendment Ordinance 2020 provides for no technical and financial eligibility criteria to participate in the coal auctions

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RA0fnp

TTD trust board puts on hold award of Rs 14 crore windmill O&M contract to Suzlon

Though a 10 MW project was proposed to be commissioned, only 6 number of windmills each of 1.25 MW, totalling 7.5 MW capacity could be commissioned by Suzlon, following roadblocks in getting the required land from the AP forest department

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/312uiHu

Coal India's Double-digit Output Growth to Shore Up Stocks at Power Plants

The state-run miner's output increased 10.7 per cent year-on-year this month while supplies grew 6.2 per cent. It produced 54.17 million tonnes (mt), or 2 mt a day, until January 27 and supplied 48.07 mt of coal

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

Yes Bank sells shares worth Rs 5.7 cr in Reliance Power

The lender sold the shares at an average price of Rs 1.91 apiece, which took the total deal value to over Rs 5.77 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38Ou5dS

Canada's Brookfield gets OK to build Brazil solar power plants

The solar power plants, to be built in the state of Ceara, will have total capacity to produce 278 MW of electricity, according to a description of the projects in Cade's decision

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2U7eUbh

TTD trust board puts on hold award of Rs 14 crore windmill O&M contract to Suzlon

Though a 10 MW project was proposed to be commissioned, only 6 number of windmills each of 1.25 MW, totalling 7.5 MW capacity could be commissioned by Suzlon, following roadblocks in getting the required land from the AP forest department

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/312uiHu

Electricity Act will be enforced in J&K now on

J&K Electricity Act was replaced by the Central Electricity Act of 2003 after Parliament approved the bifurcation of J&K into two UTs on August 5

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

Oil rises as investors take stock of economic hit from virus

Financial markets that have been hit by the spread of the virus and a growing death toll are taking stock of the economic fallout, helped by comments from the head of the World Health Organization supporting China's efforts to beat the outbreak

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

Energy startup based in Bengaluru gets funding from Native Angel Network

Native Angel Network, an arm of Madurai-based Nativelead Foundation, had last year invested Rs 65lakh in a city-based startup, ‘VilFresh’, which supplies packaged fresh milk within three hours of procurement

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

LNG imports increase 7 per cent as demand grows

In December, the rise in LNG import was much sharper at 22.8 per cent as local production fell 7.9 per cent and consumption expanded 5.9 per cent

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

Gujarat: MJ Library in Ahmedabad to be solar powered, fully AC, says Mayor

According to the mayor, the kid’s section of the library will be spruced up to the liking of the children. “The capacity of the reading room will be enhanced by 150 seats and the hall will be made air-conditioned,” she said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38NMV4F

Energy startup based in Bengaluru gets funding from Native Angel Network

Native Angel Network, an arm of Madurai-based Nativelead Foundation, had last year invested Rs 65lakh in a city-based startup, ‘VilFresh’, which supplies packaged fresh milk within three hours of procurement

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

LNG imports increase 7% as demand grows

The import of liquefied natural gas (LNG) increased 6.8% year-on-year in the nine months to December 2019 as local output declined and demand expanded.

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

Elite group plans to become a zero carbon emission company

Addressing the employees of the company at the founder’s day held in Thrissur, Danesa Raghulal, executive director of the group said the company has already started taking initiatives to achieve the goal.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36yPTbU

OPEC aims to extend oil output cuts through June, alarmed by China virus

The quick slide in oil prices over the past few days has alarmed OPEC officials as the new virus found in China and several other countries raised concerns about a hit to economic growth and oil demand

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

Foresight Group energy infrastructure fund secures 342 mln euros

The Foresight Energy Infrastructure Fund will invest in low-carbon energy infrastructure such as renewable energy, battery and energy storage and transmission and distribution assets

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

Asia jet fuel demand slumps as airlines cancel flights after virus outbreak

Jet fuel prices have dropped and refiners' profits for the product have slumped to the lowest in more than 2-1/2 years, while industry analysts are cutting their 2020 forecasts for jet fuel and overall oil demand

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2tKOYI1

TAPI pipeline project faces more delays in Afghanistan

The Ministry of Mines and Petroleum said on Monday that some required letters have not been signed, TOLO News said in a report

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2O2wkSU

Coal India Limited gets green nod for 17 mining projects: Coal Minister Pralhad Joshi

CIL will further produce one billion tonnes of coal by FY2024, it had said. The PSU is currently given the target of producing 660 million tonnes of coal amounting to 82 per cent of the country's coal output.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2O6FNZd

Solar photovoltaic not a zero-emission source; emit more CO2 than geothermal: Study

The research paper added that apart from the emissions related to the manufacture of solar PV cells, solar panels and solar cell waste management were also of great concern.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2U49cY2

Budget 2020: Renewable energy Industry demands GST restructuring, smooth clearances

Industry heads are hoping for a range of announcements ranging from putting an end to central financial assistance (CFA) in solar rooftops, to enabling a regulatory framework for the sector

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2uBun8Y

Banque des Territoires buys 50% stake in Total renewable energy assets

Total said the portfolio consisted of 11 wind farms and 35 solar power plants, with a cumulative capacity of 96 megawatts (MW) and 47 MW respectively

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2O1iMa4

Budget 2020: Renewable energy Industry demands GST restructuring, smooth clearances

Industry heads are hoping for a range of announcements ranging from putting an end to central financial assistance (CFA) in solar rooftops, to enabling a regulatory framework for the sector

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2uBun8Y

Monday, January 27, 2020

Oil sinks to three-month lows as coronavirus raises demand fears

Global stock exchanges, which oil prices tend to follow, also sank as investors grew increasingly anxious about the widening crisis. Demand spiked for safe-haven assets, such as the Japanese yen and Treasury notes

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

Fuel prices dip further due to softening of Brent crude

The petrol now costs Rs 73.60 a litre in Delhi, Rs 79.21 a litre in Mumbai, Rs 76.22 a litre in Kolkata and Rs 76.44 a litre in Chennai after the price cut

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36yRUor

Climate costs minimise with limiting global warming

The Paris Agreement suggests that if global warming can be restricted to 2 degrees Celcius, the cost of damage control and replenishment will also decrease

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36BwIhj

GLOBAL LNG-Asian LNG prices touch more than 10-year low

As milder-than-usual winter in both Asia and Europe is curbing demand, there were deals done below $4.00 per million British thermal units (mmBtu) this week, the lowest level in more than 10 years

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

NTPC Board okays acquisition of govt stake in NEEPCO, THDC

The decision of CCEA was conveyed to us by the Ministry of Power on December 2, 2019, the company added.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2U1rdGf

PFC NPAs to reduce with resolution of 4 stressed plants: CMD

The company’s gross NPAs has reduced from 9.39 per cent to 9.05 per cent after resolution of two stressed assets this year while the net NPAs reduced from 4.61 per cent to 4.28 per cent

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2S7Pbx9

Power companies feel divestment may increase cost of borrowings

The companies have told the ministry of power that reducing government shareholding below 51per cent may not go down well with existing investors, particularly foreign lenders, according to people in the know

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2O6L17j

2 more power plants lined up for one-time settlement

“The Coastal resolution is being planned in stages. The promoter has to bring in a total of Rs 300 crore in equity in two tranches. He has already brought in Rs 150 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2U161Af

Merchant bankers decline to help Coal India Limited with due diligence

According to a memorandum of understanding with the coal ministry, Coal India was to submit binding bids for acquiring stakes in assets in Australia and Canada by March 2020

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37xHt5T

Kerala: There will be no power cuts this year: M M Mani

Mani was talking to reporters after signing an agreement between KSEB and Tata Solar Power for generation of 35MW solar power from rooftop installations

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

Power companies feel divestment may increase cost of borrowings

Earlier the Cabinet Committee on Economic Affairs had given its in-principle clearance to reduction of the government’s stake in select public sector units to 51%, while retaining management control on case-tocase basis, taking into account the government shareholding, and the shareholding of government-controlled institution.

from Energy-Industry-Economic Times https://ift.tt/37w8q9S

UDAY was not a failure, successive scheme might be announced in Budget: RK Singh

The power minister said all the Central schemes run by his ministry will be clubbed into one scheme, under which distribution companies will have to agree to trajectories to reduce losses to get financial assistance. “UDAY was not a failure. It reduced average commercial losses to 18.79% in financial year 2019 against 22% a year ago,” he said.

from Energy-Industry-Economic Times https://ift.tt/36qroNW

India wants Qatar to lower gas price; Qatar says no to reopening existing contracts

Oil Minister Dharmendra Pradhan met Qatar Energy Minister Saad Sherida al-Kaabi to press for the "need for realignment of existing long-term LNG contracts with the market to suit the affordability of end consumers"

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30WOB9m

2 more power plants lined up for one-time settlement

Lenders have placed their hope on the resolution of two struggling thermal power plants, Coastal Energen and Jindal India Thermal operating in different parts of the country, through a so-called one-time settlement (OTS) with the promoters of these company backed by Deutsche Bank-led distressed funds.

from Energy-Industry-Economic Times https://ift.tt/2TYNl45

INNOVATIONS: Soon, batteries from Nuclear waste that last for thousands of years

Next-generation diamond batteries that use energy from radioactive materials have already been developed and tested by researchers at the University of Bristol, who now hope to recycle waste from decommissioned nuclear power plants around the UK

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36wtqMy

India needs to re-examine long-term gas pricing with Qatar: Oil Minister

India's Oil Minister Dharmendra Pradhan addressed a gathering of oil company official on Monday and said India needs to look into the pricing mechanism of existing long term gas supply contracts with Qatar

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RS9zlB

PFC gets $750 million foreign currency bonds listed at NSE IFSC

On 15 January, PFC priced its $750 million senior unsecured bonds of 10.25 years at a coupon of 3.95 per cent

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TXPRr9

India needs to re-examine long-term gas pricing with Qatar: Oil Minister

India's Oil Minister Dharmendra Pradhan addressed a gathering of oil company official on Monday and said India needs to look into the pricing mechanism of existing long term gas supply contracts with Qatar.

from Energy-Industry-Economic Times https://ift.tt/2Rt6HMU

By 2024, railways to run 100 percent on electricity: Piyush Goyal

"We are embarking on rapid electrification of the rail network by 2024, we expect the entire railways to be 100 percent run on electricity," Goyal said at the India-Brazil Business Forum

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

UDAY is not a failure, discussed new discom revival scheme with FinMin: Power minister RK Singh

Singh said his ministry has discussed contours of the new scheme with the finance ministry ahead of the Union Budget to be announced on February 1

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38I6Wti

Old electric car batteries may help cut costs of storing power

The pilot study in Ohio will road test technology that could lower system costs by about a half and extend the life of lithium-ion batteries by about a third, according to its Australian developer

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2vsvw3j

UDAY is not a failure, discussed new discom revival scheme with FinMin: Power minister RK Singh

"Uday was not a failure," power minister R K Singh said adding the government targets to reduce the commercial losses to 15 % and will soon bring out a new scheme for the purpose. Singh said his ministry has discussed contours of the new scheme with the finance ministry ahead of the Union Budget to be announced on February 1.

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

Sunday, January 26, 2020

Ex-Citi India Boss Pramit Jhaveri tipped to board Tata Trusts

Sources in the know say he’s likely to be appointed as a trustee in the Sir Dorabji Tata Trust, one of the two main trusts that holds a significant stake in Tata Sons. The appointment is likely to be formalised soon, one of the two sources said

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

C&S acquisition aimed at making India exports hub: Sunil Mathur, MD& CEO-Siemens India Ltd

This acquisition will help us serve the local market and support us in and establishing India as a manufacturing hub for export of electrical solutions

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2uA4ZQW

Fuel prices cut further due to slump in Brent crude

The petrol now costs Rs 73.71 a litre in Delhi, Rs 79.32 a litre in Mumbai, Rs 76.33 a litre in Kolkata and Rs 76.56 a litre in Chennai after the price cut

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

Andhra Pradesh: Govt plans 10,000 MW solar project

Addressing employees of the energy department after Republic Day celebrations here on Sunday, energy secretary Nagulapalli Srikant said that the project will ensure an abundant supply of power to the agricultural sector

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31289cn

Oil prices skid 2 per cent, extending slide as China virus spreads

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman Al-Saud said on Monday he was watching developments closely in China and said he felt confident that the new virus would be contained

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30UCqKh

NTPC may not conclude THDCIL, NEEPCO acquisition this fiscal

The Department of Disinvestment and Public Asset Management (DIPAM) has engaged RBSA Advisors for evaluating NEEPCO and Deloitte for THDCIL transactions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TX35oc

Renewable-thermal power scheme unlikely to attract bidders

The advantage of the proposal is that while renewable energy is irregular, varying according to the intensity of the sun or the speed of the wind, thermal power is not. Therefore, a blended supply assures a minimum transmission of power at all times.

from Energy-Industry-Economic Times https://ift.tt/3aPKdO7

Renewable-thermal power scheme unlikely to attract bidders

The advantage of the proposal is that while renewable energy is irregular, varying according to the intensity of the sun or the speed of the wind, thermal power is not. Therefore, a blended supply assures a minimum transmission of power at all times

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37uRIb1

Andhra Pradesh: Govt plans 10,000 MW solar project

Addressing employees of the energy department after Republic Day celebrations here on Sunday, energy secretary Nagulapalli Srikant said that the project will ensure an abundant supply of power to the agricultural sector

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31289cn

Bengaluru rooftops can generate 2500MW solar power: Survey

Bescom will soon allow third-party investors to rent rooftops of domestic consumers and set up SRTPV systems under various business models

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Ruq8VS

Telecom gear maker ITI to invest Rs 150 cr to boost solar panel capacity

The company is expecting at least Rs 500 crore from the government in the next fiscal for meeting its various capital expenditure (capex) requirements

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RUn9ET

Govt moves to green 2 lakh telco towers

To give a perspective, the quantity of diesel saved is equivalent to roughly four days’ consumption in Delhi, the country’s largest automobile market. This means if all the identified towers are converted, it will save four days’ emission in Delhi

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RVc5aV

Renewable-thermal power plan may find few takers

The advantage of the proposal is that while renewable energy is irregular, varying according to the intensity of the sun or the speed of the wind, thermal power is not.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37x2Fsz

Renewable-thermal power plan may find few takers

The advantage of the proposal is that while renewable energy is irregular, varying according to the intensity of the sun or the speed of the wind, thermal power is not.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37x2Fsz

Better distribution may ease power sector woes: ETILC

The members said that companies operating in the power utilities segment are currently cashstrapped and hence they haven’t been able to buy power from manufacturing companies. To add to the issues, the members said the country has not been investing in the current infrastructure to plug energy leakage and ensure lastmile delivery to consumers.

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

Engineers examine lithium battery defects

Lithium dendrites cause poor performance and even explosions in batteries with flammable liquid electrolytes. How these dendrites grow, even with a solid electrolytes, is still a mystery, but materials engineers study the conditions that enable dendrites and how to stop them.

from Batteries News -- ScienceDaily https://ift.tt/2TVm3LX

New stretchable battery can power wearable electronics

The adoption of wearable electronics has so far been limited by their need to derive power from bulky, rigid batteries that reduce comfort and may present safety hazards due to chemical leakage or combustion. Researchers have now developed a soft and stretchable battery that relies on a special type of plastic to store power more safely than the flammable formulations used in conventional batteries today.

from Batteries News -- ScienceDaily https://ift.tt/2uv82Kd

Solar plants in colleges soon: Haryana deputy CM Dushyant Chautala

Chautala inaugurated a 30kw solar plant, six new rooms of PG block and new Vigyan Bhawan at Chhajuram Memorial Jat College here on Saturday.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36s2oFV

Saturday, January 25, 2020

NTPC may not conclude THDCIL, NEEPCO acquisition deal this fiscal: Source

State-run power giant NTPC is unlikely to conclude its about Rs 10,000-crore acquisition deal to buy government's stake in THDC India and North Eastern Electric Power Corporation, according to a source.

from Energy-Industry-Economic Times https://ift.tt/3aIl5sq

Reliance's partnership with Saudi Aramco not a retreat from energy business: Report

"Reliance has pivoted away from energy to the new economy. But energy still accounts for 64 per cent of EBITDA. While RIL has divested stakes to BP and Aramco, we expect RIL to grow their petrochemical and refining business given the secular growth opportunities," market analyst firm Bernstein said in a report.

from Energy-Industry-Economic Times https://ift.tt/2RsL7rY

Power Grid Corporation moves SC against DoT demand of Rs 22K Cr

The DoT had sought additional license fee of Rs 1.72 lakh crore from gas utility GAIL India Ltd, Rs 48,000 crore from OIL, around Rs 22,000 crore from Power Grid Corporation (PowerGrid)

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36qBdLP

Evidence of strong early magnetic field around Earth

New research provides evidence that the magnetic field that first formed around Earth was even stronger than scientists previously believed. The research will help scientists draw conclusions about the sustainability of Earth's magnetic shield and whether or not there are other planets in the solar system with the conditions necessary to harbor life.

from Solar System News -- ScienceDaily https://ift.tt/2TWLzAA
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Friday, January 24, 2020

Petrol, diesel prices see big cut on Saturday

The price of petrol was cut by 27 paise and that of diesel by diesel by 30 paise a litre across all major cities on Saturday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2tNbO1q

Tamil Nadu: Solar power plants bring fame to Coimbatore

Corporation commissioner Sravan Kumar Jatavath received the award comprising a certificate and a cash prize of Rs5 lakh at a function that was held in Vishakhapatnam

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38EoUx0

Siemens to acquire C&S Electric for Rs 2,100 crore

The deal will help Siemens strengthen position as a supplier of low-voltage power distribution and electrical installation technology in the country

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RqBz0L

Fuel prices set to fall as virus scare may hit demand

Markets fear the outbreak would hurt travel, oil demand and economic growth in China, the world’ fastest-growing oil consumer

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

Visaka receives global IEC certification for ATUM solar PV modules

ATUM has passed the solar PV module tests prescribed under the latest International Electrotechnical Commission and UL Standards

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

AGR dues: GAIL moves SC for clarification, DoT says outstanding amount at Rs 1.83 lakh cr

​​The company has received provisional assessment orders amounting to Rs 1.83 lakh crore from the Department of Telecommunications (DoT), GAIL said in a regulatory filing.

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

Plants absorb lead from perovskite solar cells more than expected

Lead from metal-organic perovskite compounds can be absorbed particularly easily by plants. The bioavailability is significantly higher than that of lead from inorganic compounds as found in batteries.

from Solar Energy News -- ScienceDaily https://ift.tt/3aG7zFO

Fuel prices set to fall as virus scare may hit demand

Markets fear the outbreak would hurt travel, oil demand and economic growth in China, the world’ fastest-growing oil consumer.

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

Acetone plus light creates a green jet fuel additive

Take biomass-derived acetone -- common nail polish remover -- use light to upgrade it to higher-mass hydrocarbons, and, voila, you have a domestically generated product that can be blended with conventional jet fuel to fly while providing environmental benefits, creating domestic jobs, securing the nation's global leadership in bioenergy technologies, and improving U.S. energy security.

from Renewable Energy News -- ScienceDaily https://ift.tt/2tBPAzD

NHPC's Rs 165-crore bid for Jal Power's 120 MW Rangit project gets lenders' nod

"NHPC Ltd has been declared as the Successful Resolution Applicant by the Committee of Creditors (CoC) of Jal Power Corporation Limited (120 MW Rangit Stage IV HE Project) subject to approval of Resolution Plan by the Hon'ble National Company Law Tribunal, Hyderabad Bench," an NHPC statement said.

from Energy-Industry-Economic Times https://ift.tt/2RJYN0N

Acetone plus light creates a green jet fuel additive

Take biomass-derived acetone -- common nail polish remover -- use light to upgrade it to higher-mass hydrocarbons, and, voila, you have a domestically generated product that can be blended with conventional jet fuel to fly while providing environmental benefits, creating domestic jobs, securing the nation's global leadership in bioenergy technologies, and improving U.S. energy security.

from Fuel Cells News -- ScienceDaily https://ift.tt/2tBPAzD

Acetone plus light creates a green jet fuel additive

Take biomass-derived acetone -- common nail polish remover -- use light to upgrade it to higher-mass hydrocarbons, and, voila, you have a domestically generated product that can be blended with conventional jet fuel to fly while providing environmental benefits, creating domestic jobs, securing the nation's global leadership in bioenergy technologies, and improving U.S. energy security.

from Energy Policy News -- ScienceDaily https://ift.tt/2tBPAzD

Tesla passes $100 bn, Musk nears big payout

Stock in Tesla rose another 4.1 per cent Wednesday, pushing the market value of the electric vehicle and solar panel maker past a critical milestone in Musk’s pay package

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2uq0BnI

Madhya Pradesh garners investments worth Rs 4,125 cr at Davos

The Daawat Food Ltd, which has a plant in Mandideep, near Bhopal has got FDI worth Rs 125 crore from Saudi Arabia Agriculture and Livestock Investment Company (SALIC), a senior official of the public relation department said on Friday

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aE6yOq

Adani Gas cracks 14% as report suggests PNGRB seeks to cancel its licence

Adani Gas on its own and in a joint venture with state-owned IOC has won city gas licence for 38 geographical areas spread over 71 districts in 15 states in recent bid rounds.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2vjdS1K

India's Ujjwala scheme provided LPG access, but failed to promote its use: Study

They noted that about 2.9 billion people across Asia, Africa, and Latin America burn solid fuels like firewood to meet their cooking energy needs

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

Thursday, January 23, 2020

Envision Energy commissions 2 wind projects in Gujarat

Chinese turbine manufacturer Envision Energy said it has commissioned two wind projects with a total capacity of 232.5 MW in Gujarat

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

DoT seeking Rs 3 lakh cr from GAIL, other non-telecom PSUs result of communication gap: Pradhan

The government's demand from such companies increased many times more than their net worth and the Centre asked them to go to the Supreme Court against such dues

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

ONGC to invest Rs 3,200 crore to drill 115 wells across eight fields in Tripura

ONGC’s gas production from Tripura increased 2.62 per cent to 1,174 MMSCM during the April-December period of 2019.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2sU44dN

Indian Railways’ first waste to energy plant commissioned

The plant has a catalytic converter and it converts the waste materials into light diesel oil, gas, carbon powder and water through ‘Polycrack’ technology

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

Petrol, diesel price down by Rs 1.50 per litre in 2 weeks

After price cut in the petrol and diesel prices for the second consecutive day on Friday, the fuel prices came down by more than Rs 1.50 per litre in two weeks, giving a major relief to the consumers

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RIx1BG

India tops clean energy investment rankings among emerging markets

In the top five, followed by India, were Chile, Brazil, China, and Kenya

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Ghs3Xl

Shapoorji Pallonji arm concealed ‘material info’ in IPO papers: Kenneth Andrade

The promoters were to use the funds raised from the Sterling and Wilson IPO to repay the loan to the company by November 18

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

SECI to hold pre-bid meeting for 4-MW floating solar plant in Andaman

A maximum of two persons from the respective bidder company are allowed to attend the meeting

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RiXTt4

Niti Aayog seeks Cabinet nod for battery push

The move is part of an effort to push use of EVs, for which high battery cost is a big hurdle. The batteries, currently being imported, account for more than half the cost of an EV and local manufacturing could help bring this down

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Glk2R3

Visaka receives global IEC certification for ATUM PV modules

ATUM, which the company claims as the world’s first integrated solar roof, has passed the stringent solar PV module tests prescribed under the latest International Electrotechnical Commission (IEC) and UL Standards, said the company in a statement.

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

Tata Projects bags Rs 6,000-crore orders in oil, gas refinery sector

BPCL's order is for its 2G bio-ethanol project in Bargarh, Odisha, with a proposed production capacity of 100 kilolitres per day of second-generation ethanol.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38ypk7P

Punjab: Solar shift for city railway station on cards

The process of installing solar panels on Jan Shatabdi will be completed by January 31, officials said. Jan Shatabdi will become the first train in the Ferozepur division which will go solar to run equipment in the coaches

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

India may seek renegotiation of LNG price from Qatar: Dharmendra Pradhan

India may seek to reopen the pricing of its long-term LNG import contract with Qatar to reflect falling rates of the spot or current market, Oil Minister Dharmendra Pradhan said on Thursday.

from Energy-Industry-Economic Times https://ift.tt/2TNw3GS

Engie to sell 74% stake in India solar business

Engie has agreed to sell stake in 13 solar assets aggregating 813 MW to EIYP and Sekura Energy Limited, a portfolio company of EIYP

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

Vestas bags 60-MW order for wind project in Poland

The project comprises 29 V100-2.0 MW turbines and one V90-2.0 MW turbine with 120- and 100-meter towers, respectively

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2vgmWV7

IndiGrid to raise Rs 7,500 crore debt in 18 months to finance acquisitions

​IndiGrid is on track to achieve asset under management of Rs 18,000 crore over the next two years as it acquires projects for which it has signed framework agreement with Sterlite Power. It will acquire four of these assets in the next 6-18 months.

from Energy-Industry-Economic Times https://ift.tt/2NN9cYn

Luminous Power appoints Niharika Mohan as Vice-President, HR

Mohan has spent almost 21 years in the industry and has been a catalyst in driving growth in every position she has previously held, the release said

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

Indian Oil signs MoU with Ghana's National Petroleum Authority

The Indian Oil will also assist in areas of infrastructure development for the new LPG Value chain, support for upgrading capacities of institutions along with policy development and review

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38yUQ5U

China to allocate $217 mln to new solar power projects in 2020

China has planned to scale back its total renewable power subsidy to 5.67 billion yuan in 2020 from 8.1 billion yuan last year, as Beijing believes clean energy sources are capable of competing subsidy-free with coal-fired power

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30TFrdO

China to stop subsidy for offshore renewables, eyes 2021 start for green quota trading

The move comes as China, whose renewable power installations make up about 41 per cent of total energy capacity, aims to cut a backlog of subsidy payments exceeding 100 billion yuan ($14.5 billion) and achieve "grid price parity"

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

Adani Gas to invest Rs 9,000 cr on distribution networks over next 10 yrs

"AGL is moving at breakneck speed in order to achieve the commitments made in these bidding rounds and the investment in these projects is pegged at around Rs 8,000 to Rs 9,000 crore in the coming decade," he said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Rji223

Draft policy to push CNG, PNG in cities

Oil minister Dharmendra Pradhan is scheduled to release the draft policy for discussion at a national workshop on CGD (city gas distribution) schemes and conclave to promote gas-driven economy organised to bring states on board

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2GsqI05

Wednesday, January 22, 2020

ONGC ‎gets 28 bids for 50 oil, gas fields in 1st bid round

ONGC had clubbed the 64 fields into 17 onshore contract areas that have a cumulative 300 million tonne of oil and oil equivalent natural gas reserves

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Riu3oo

Relief to consumers as petrol, diesel get cheaper

The petrol now costs Rs 74.65 a litre in Delhi, Rs 80.25 a litre in Mumbai, Rs 77.25 a litre in Kolkata and Rs 77.54 a litre in Chennai after the price cut

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

Italy's F2i picks Rothschild to sell stake in solar unit EF Solare

EF Solare, Italy's biggest solar power operator, is worth around 2.5-3.0 billion euros ($3.3 billion) including debt, one of the sources said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aA2TBd

Ghana to replicate India's cooking gas success model

Ghana is aiming to increase cooking gas access to at least 50 per cent of its households from the current 23 per cent by 2030

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

Portugal's Galp bets big on solar power with ACS deal

Galp said in a statement on Wednesday it would pay ACS 450 million euros when the deal for a total of 2.9 gigawatts of capacity, most of it yet to be built, is closed, and assume 430 million euros worth of project finance debt

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

India keen on importing more oil from Brazil

India imports 84 per cent of its oil needs and two-thirds of its import come from the Middle East with Iraq and Saudi Arabia being the top suppliers

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30O6ve9

Temasek, EQT set up $500m renewable energy JV

The Gurgaon-based company will look at both greenfield project development and acquisitions, as it will also be able to leverage the equity commitment to raise debt

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

Crude story: Oil demand rises 1.8 per centduring April-December

Diesel sales, which makes up 40 per cent of all oil demand in the country, rose barely 0.8 per cent in the nine months to December. Diesel sales dropped 0.7 per cent in December from a year ago

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38vjW5n

Temasek, EQT set up $500m renewable energy JV

The Gurgaon-based company will look at both greenfield project development and acquisitions, as it will also be able to leverage the equity commitment to raise debt

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

Siemens CEO says advised Trump to talk to young climate activists

Trump's reaction was reserved, but his daughter Ivanka and other CEOs at the dinner reacted positively, Kaeser said on Wednesday

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TVmq9r

Crude story: Oil demand rises 1.8% during April-December

“Severe winters in northern India and agitations in some states have disrupted normal economic activities,” the oil ministry’s monthly consumption review report said on December consumption. Sharp drop in the sale of diesel-fuelled vehicles, extended rain and preference for petrol vehicles weighed on diesel demand during the financial year, according to the report.

from Energy-Industry-Economic Times https://ift.tt/30ISU88

Less may be more in next-gen batteries

Engineers build full lithium-ion batteries with silicon anodes and an alumina layer to protect cathodes from degrading. By limiting their energy density, the batteries promise excellent stability for transportation and grid storage use.

from Batteries News -- ScienceDaily https://ift.tt/38qPitY

Less may be more in next-gen batteries

Engineers build full lithium-ion batteries with silicon anodes and an alumina layer to protect cathodes from degrading. By limiting their energy density, the batteries promise excellent stability for transportation and grid storage use.

from Fuel Cells News -- ScienceDaily https://ift.tt/38qPitY

MNRE recommends imposition of basic customs duty on imported solar cells and modules

Currently India attracts 20 per cent safeguard duty and no basic customs duty on imported solar cells and modules from China, Malaysia and Vietnam which will expire on July 30 this year

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

MNRE recommends imposition of basic customs duty on imported solar cells and modules

Currently India attracts 20 per cent safeguard duty and no basic customs duty on imported solar cells and modules from China, Malaysia and Vietnam which will expire on July 30 this year

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

Spain declares climate emergency, signals move to renewables

Prime Minister Pedro Sanchez's left wing coalition government, which took office on January 13, also committed to updating the national plan for tackling climate change

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36iz1WG

GAIL to invest over Rs 45,000 cr to create infra for gas-based economy

The gas pipelines are planned to take the fuel to the east and northeast regions as well as to consumers in the south as part of the government push to raise the share of natural gas in India's energy basket to 15 per cent by 2030 from the current 6.2 per cent, GAIL chairman said.

from Energy-Industry-Economic Times https://ift.tt/30GZlbE

GAIL to invest over Rs 45,000 cr to create infra for gas-based economy

GAIL's push for the creation of infrastructure is in line with Prime Minister Narendra Modi's vision of creating a gas-based economy that is less reliant on polluting fuels for meeting its energy needs

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Rel5IO

Largest EV charging contract in Europe goes to Total

Under the agreement, Total will install and operate up to 20,000 new public charging points in the Netherlands, in the three provinces of North-Holland, Flevoland and Utrecht

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2NN9NcD

Phillips 66, Renewable Energy Group cancel renewable diesel project in Washington

The 250 million gallon per year project would have resulted in the largest renewable diesel refinery on the West Coast of the United States

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RFO3An

Germany's 50Hertz power grid carried record 60 per cent renewable energy in 2019: CEO

The firm, 80 per cent-owned by Belgian transmission system operator Elia, has demonstrated that Germany's target for 65 per cent of its power supply to come from renewables by 2030 can be handled by its transport networks, he said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30K0Cii

Indian utilities coal imports rise to highest in four years

Imports by Adani's "Ultra mega" power plant in Mundra in Gujarat rose 75 per cent to 17.35 million tonnes, data from the Central Electricity Authority showed

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

Power Mech Projects bags orders worth Rs 351 crore

In a filing to BSE, the company said that it has "received letter of award/work orders for....civil and architectural works of all buildings structures and associated works

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Re5jO6

SB Energy on track to achieve solar energy target in India: Raman Nanda, CEO, SB Energy Global

This is a young industry that’s changing fast. Before we entered India, solar tariff was over Rs 6; we won our first auction at Rs 4.60, and now it’s a little more than half of it

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3az1par

Tuesday, January 21, 2020

China virus could hit oil prices by $3 per barrel - Goldman Sachs

The outbreak began in the central Chinese city of Wuhan in Hubei and has spread to the rest of the country

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

Softbank India appoints Manoj Kohli as country head

The move comes after a nearly five-year stint as the chairman of the Japanese telecom and investment giant’s renewable energy business SB Energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3axPbi7

Germany's EWE gets funding boost from new shareholder Ardian

Ardian, through its infrastructure arm, last month agreed to buy a 26% stake in EWE

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30Kstz2

SB Energy on track to achieve solar energy target in India: Raman Nanda, CEO, SB Energy Global

The real target for companies with long-term vision to be a global leader would be to build 100 GW. Within the next 10 years, we will see 100 GW companies in renewables or even in just solar. We are prepared to be one of them. India maybe contribute to half of that capacity, said Nanda in the interview with ET.

from Energy-Industry-Economic Times https://ift.tt/2RAyn1k

Cairn hunts for big oil partner via stake sale

Hemmed in by $6.6 bn debt Vedanta may dilute upto 25% stake to raise $2 bn

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

Solar rooftop developers prefer open access for power supply

Solar rooftop developers are increasingly choosing to supply power to customers through open access – locating the solar plant elsewhere – rather than set it up on the premises of their clients.

from Energy-Industry-Economic Times https://ift.tt/2Re5Hwa

'Open access' option attracts rooftop solar power developers

With solar tariffs becoming increasingly competitive and more states allowing off-site projects to come up, open access is quickly gaining momentum.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RdL7fj

'Open access' option attracts rooftop solar power developers

With solar tariffs becoming increasingly competitive and more states allowing off-site projects to come up, open access is quickly gaining momentum.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RdL7fj

BlackRock to exit Coal India by mid 2020

BlackRock, the world’s largest money manager with $7 trillion under management, will cut its equity in Coal India Ltd to zero by the middle of the year, becoming the latest in the list of 100 major banks and insurers exiting the thermal coal sector.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3avf2Y0

Govt to invite bids for reallocation of subsidy for 2,000 e-buses in February

The subsidies allocated to these cities to procure around 1,500 electric buses under the scheme initiated in August last year will now be reallocated

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TKBtm1

Cairn India hunts for big oil partner via stake sale

Cairn is the country’s largest private sector oil and gas producer accounting for nearly a quarter of India’s total domestic crude oil production and Vedanta may look to dilute up to 25% to raise a minimum of $1.5-2 billion (Rs 10,500-14,100) through this “value unlocking” exercise.

from Energy-Industry-Economic Times https://ift.tt/2sRcR04

Vedanta keen to Replicate Reliance-BP Model

A sum-of-the-parts valuation of Vedanta's oil and gas division is pegged at Rs 20,000-25,000 crore ($2.85-$3.5 billion), according to analysts. Sources, however, said the company would seek a significant premium

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

BlackRock to exit Coal India by mid 2020

BlackRock, the world’s largest money manager with $7 trillion under management, will cut its equity in Coal India Ltd to zero by the middle of the year, becoming the latest in the list of 100 major banks and insurers exiting the thermal coal sector.

from Energy-Industry-Economic Times https://ift.tt/2tE5sBA

Orsted CEO favours small deals over big M&A

Poulsen oversaw the group's transformation from a diversified utility with oil and gas activities into the world's No.1 in offshore wind.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36e5Dkj

India’s electric car ambitions could stumble on lack of lithium

Prime Minister Narendra Modi’s administration unveiled a slew of measures in 2019 to promote the clean-energy vehicles, including a $1.4 billion plan to make India a manufacturing hub for EVs and cutting taxes to spur purchases

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

EUROPE POWER: Spot prices lifted by strong demand, fall in German wind output

Germany's baseload power price for Wednesday delivery was up 20.8 per cent to 45.3 euros ($49.91) per megawatt hour (MWh) at 1023 GMT

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36esbl5

GAIL ferries LNG in trucks over 1,700 km to fuel gas demand in east

In a first, state-owned gas utility GAIL India Ltd is ferrying imported LNG in trucks from Gujarat coast to Bhubaneshwar in Odisha as part of a government push for a gas-based economy to reduce emission and carbon footprint.

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

Reliance Industries is India's answer to Exxon, AT&T, Amazon - all rolled into one

For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade

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

GAIL ferries LNG in trucks over 1,700 km to fuel gas demand in east

In a first, state-owned gas utility GAIL India Ltd is ferrying imported LNG in trucks from Gujarat coast to Bhubaneshwar in Odisha as part of a government push for a gas-based economy to reduce emission and carbon footprint.

from Energy-Industry-Economic Times https://ift.tt/38sD9EZ

Power Exchange India Limited launches new trading platform

Power Exchange India Limited (PXIL), an institutionally promoted Power Exchange, on Monday launched a technology-based trading platform called PRATYAY.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Rbrp3P

Power generation to be termed manufacturing, pay 15 per cent corp tax

As part of efforts to incentivise the power sector and make its operations viable, the government is looking to extend the benefit of lower corporate tax to electricity generating units by qualifying their activity as manufacturing.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30Eoh3A

India plans to mandate cyber security measures for power grids

The report comes barely months after the nation’s monopoly nuclear power producer admitted its information system had been breached, underscoring the need for more action to protect critical installationa

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RdV3FS

Oil prices fall nearly 1 per cent as supply concerns ease

Brent crude was down 62 cents, or nearly 1 per cent, at $64.58 per barrel by 0646 GMT, after rising to its highest in more than a week on Monday. US West Texas Intermediate crude was down 42 cents, or 0.7 per cent, at $58.12 a barrel

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Rc92vy

India plans to mandate cyber security measures for power grids

Grid operators and regulatory agencies will need to have a continuity plan handy in the event of a cyber attack, according to draft rules published by the Central Electricity Regulatory Commission. The move is part of a overhaul of the decade-old guidelines.

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

Mumbai: Youth push for solar energy to drive BEST buses

NGO Waatavaran, which is behind the movement, said it aims for at least 5 per cent of daily charging for BEST electric buses to be done by solar energy and not conventional coal-based energy

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30CYatZ

Monday, January 20, 2020

Siemens Gamesa appoints Navin Dewaji as India CEO

Dewaji will take over the CEO position from Ramesh Kymal who will step down and pursue new professional challenges, a company statement said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36cUdNJ

Siemens Gamesa appoints Navin Dewaji as India CEO

Dewaji will take over the CEO position from Ramesh Kymal who will step down and pursue new professional challenges, a company statement said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36cUdNJ

Macquarie Group closes 90 mln euro debt investment in Spanish solar portfolio

The portfolio is owned by Spanish solar developer Grupo T-Solar and includes 23 ground-mounted solar farms in Spain with a a combined capacity of 127 megawatts.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3atG7ed

Azure Power to invest $3.7 billion to set up 4 GW capacity by 2024-25

According to its capex forecast, it will make investment in a range between $2.6 billion and $3.7 billion from 2020-21 to 2024-25, with the highest being $9 billion in FY21

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

IOC to buy 2 MT Russian crude oil

The annual oil purchase deal with Rosneft, Russia’s state-run oil giant, came after months of negotiations, people said. Two other state-run refiners, Hindustan Petroleum and Bharat Petroleum, too are in talks with Rosneft to close annual crude deals for relatively smaller quantities, they said.

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

UK looks to offshore wind for green energy transition

Prime Minister Boris Johnson's government, returned to power with a thumping majority last month, pledged in its election manifesto to increase power from offshore wind from 10 to 40 gigawatts this decade

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36dMizA

Petrol, diesel prices cut further on Monday

The retail prices of fuel are dependent on the international crude prices and the rupee-US dollar exchange rate as India imports almost 80 per cent of its crude requirements

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30BJnzC

India thermal coal imports fall for three months in a row

Imports of thermal coal - used mainly for electricity generation - fell 10.7 per cent to 15.62 million tonnes in October

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36awGgn

Germany's Sono says has raised 50 mln euros for solar powered car

Munich-based Sono has attracted engineers from Nissan , Opel and Honda to develop the Sion, an electric car clad in crystalline silicon cells, which give the vehicle up to 30 km (18.6 miles) of electric charge a day

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2uhR9T0

DoT seeks Rs 48,000 cr from Oil India in telecom dues; co to challenge it in TDSAT

Oil India Ltd (OIL) is the second oil and gas firm after GAIL India to have been slapped a demand notice. From gas utility GAIL, the DoT has sought Rs 1.72 lakh crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/366Znux

Oil and gas firms invest less than 1 per cent in green energy

Leading firms dedicate around five percent of their total investment to projects outside their core oil and gas businesses, it said, mostly into solar and wind projects

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TQE7qH

India tops power generation tenders globally in Q4 2019, solar accounts for 73.7% share

Globally, however, power plant tenders during Q4 of calendar 2019 saw 291 tenders announced, marking a drop of 28% over the last four-quarter average of 404, according to GlobalData’s power industry tenders database.

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

China extends anti-subsidy duties on solar polysilicon from U.S.

The anti-subsidy tax rate applicable on polysilicon from companies in the U.S. is 2.1 per cent, with some firms exempt from the duty

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/366B2oR

India tops power generation tenders globally in Q4 2019, solar accounts for 73.7% share

Globally, however, power plant tenders during Q4 of calendar 2019 saw 291 tenders announced, marking a drop of 28% over the last four-quarter average of 404, according to GlobalData’s power industry tenders database.

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

Middle East share of India's oil imports falls to 4-year low in 2019: Report

India, the world's third-biggest oil consumer, imports about 84 per cent of its oil needs and traditionally relies on the Middle East for the majority of its supplies

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

Andhra Pradesh: Kadiyam is SCR’s 1st solar-powered railway station

The entire electrical load of the station works on the 10KWp solar power plant during the day and excess units generated from the plant are fed to discom (distribution companies) through net-metering

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/368Hvj8

Elecrama 2020 to generate business worth Rs 30,000 crore

The B2B event aims to promote new technologies in electrical equipment, export and eyes Rs 30,000-crore business to be generated from the event

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/368YK3C

Sunday, January 19, 2020

India’s refineries stare at a huge water crisis

Officials pointed out that although the share of renewable energy in the country’s total energy consumption is expected to grow from 3.4 per cent in 2019 to 16 per cent in 2040, fossil fuels will continue to occupy a major share of the energy basket

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2RwJ5Ge

Qatar to build solar power plant with Total and Marubeni

The cost of the project is about 1.7 billion riyals ($467 million), Saad al-Kaabi, who is also chief executive of Qatar Petroleum (QP), told a news conference in Doha

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37b8nQO

Maharashtra: MSEDCL ups its price to woo solar power makers

The company had floated tenders for buying 1,350MW with a cap of Rs3.15 per unit but got bids for only 5MW. Now it has increased the cap to Rs3.30 per unit and floated the tender again

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36auRji

Rs 53,000 LED threw light on Karnataka scam

Admitting there was an attempt at a scam — no cash was paid out — KIADB, chief executive officer H Basavarajendra said: “I have asked for detailed reports from both the chief development officers in-charge of the project

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2G3Xcx9

Delhi: How relief on electricity bills is powering election campaigns

Subsidised power became available after AAP came to power in 2015, and since August 2019, the state government has fully freed consumption up to 200 units of electricity and partly subsidised utilisation of 201-400 units

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37cb7gF

Make in India to get Rs 22,000 crore boost from city gas expansion programme

According to the notes, prepared for an oil ministry event on Thursday to showcase India’s CGD (city gas distribution) programme, the expansion of CNG and PNG services will also create nearly four lakh direct employment opportunities by 2027

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

LNG pumps being planned along golden quadrilateral

A shift to LNG-powered trucks from diesel will cut pollution and turn Indian highways quieter while boosting gas import

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

SECI's wind energy tender gets cold response for fourth time

The ceiling tariff had earlier been revised from Rs 2.85 per unit to Rs 2.93 to encourage participation. The projects can be located in any part of India and will be linked to the interstate transmission system to supply power

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

Govt considering specific excise duty on aviation turbine fuel

To insulate airlines from such volatility, the government may in the forthcoming Budget for 2020-21 fiscal year may bring specific excise duty expressed in Rs per kilolitre, sources aware of the development said

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

SECI’s wind auction gets cold response for 4th time

The ceiling tariff had earlier been revised from Rs 2.85 per unit to Rs 2.93 to encourage participation. The projects can be located in any part of India and will be linked to the interstate transmission system to supply power

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

SECI’s wind auction gets cold response for 4th time

Solar Energy Corporation of India is the renewable energy ministry's nodal agency that is responsible for conducting wind and solar auctions. It had issued the tender on Friday with a ceiling tariff of Rs 2.93 per unit. The ceiling tariff had earlier been revised from Rs 2.85 per unit to Rs 2.93 to encourage participation.

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

LNG pumps being planned along golden quadrilateral

State-run GAIL is putting together a plan and persuading all possible participants – city gas distributors, gas suppliers, financiers, fleet owners and truck manufacturers – to get them on board and help build an effective ecosystem for LNG-fuelled vehicles in the country, according to people familiar with the development

from Energy-Industry-Economic Times https://ift.tt/36868fB

Potassium-driven rechargeable batteries: An effort towards a more sustainable environment

Concerns about the scarcity of lithium and other materials necessary in the now-ubiquitous lithium-ion batteries have recently driven many researchers to look for alternatives, such as sodium and potassium. New research discusses the recent advances, promises, and limitations of potassium-ion batteries.

from Batteries News -- ScienceDaily https://ift.tt/36czRE5

Reliance outpaces industry in petrol, diesel sales from its outlets

In an investor presentation post announcing earnings for October-December 2019, Reliance, operator of the world's largest oil refining complex, said it registered an 11 per cent growth in diesel sales and 15 per cent growth rate in petrol sales from its 1,394 fuel retail outlets.

from Energy-Industry-Economic Times https://ift.tt/2R7rzt1

Saturday, January 18, 2020

Thirteen private companies bid to operate ONGC's 64 oil and gas fields

ONGC had launched the auction in June and twice extended the deadline to January 17 for its 64 small fields that were divided into 17 contract areas for bidding.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3anIr6u

UK looks to offshore wind energy for transition to carbon neutrality

Britain, a global leader in offshore wind energy, plans to make the sector one of the pillars of its transition to carbon neutrality in the coming decades.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2R8VlNS

India needs 50 GWh of battery storage within 2.5 yrs for planned EV transition: NITI Aayog official

EV batteries are not compatible for tropical climate, according to Sajid Mubashir, scientist, Department of Science and Technology, who was also speaking at the same event

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/388M12q

Assam Hydrocarbon and Energy Company Limited seeks 10 per cent participating interest in Oil India Limited

Representatives of Assam Petrochemicals Limited (APL) and Assam Hydrocarbon and Energy Company Limited (AHECL) also called on the Union Minister and submitted separate memorandums outlining demands of both the PSUs.

from Energy-Industry-Economic Times https://ift.tt/2R9wNoh

India tops power generation tenders globally in fourth quarter 2019

Among the technologies, solar accounted for 216 tenders with a 73.7% share, followed by thermal with 33 tenders and an 11.3% share and hydro with 20 tenders and a 6.8% share.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37csi1S

India tops power generation tenders globally in Q4 2019

Among the technologies, solar accounted for 216 tenders with a 73.7% share, followed by thermal with 33 tenders and an 11.3% share and hydro with 20 tenders and a 6.8% share.

from Energy-Industry-Economic Times https://ift.tt/2G3LJO8

India tops power generation tenders globally in fourth quarter 2019

Among the technologies, solar accounted for 216 tenders with a 73.7% share, followed by thermal with 33 tenders and an 11.3% share and hydro with 20 tenders and a 6.8% share.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37csi1S

Petrol, diesel rates dip in Delhi on third consecutive day

Petrol and diesel prices continued to fall for the third consecutive day on Saturday. Petrol has become cheaper by 44 paise per liter in the national capital in these three days, while consumers have got a relief of 45 paise per liter in the price of diesel.

from Energy-Industry-Economic Times https://ift.tt/374LoXn

India tops Asia-Pacific in power tenders during Q4 2019

India led the activity in Q4 2019 with 1,078 tenders and a share of 58.7%, up 4.2% over the previous quarter and up 12% when compared with the last four-quarter average, followed by the Philippines with 309 tenders and a share of 16.8% and Bangladesh with 184 tenders and a share of 10% during the quarter.

from Energy-Industry-Economic Times https://ift.tt/30wTuWk

Friday, January 17, 2020

13 pvt cos bid to operate ONGC's 64 fields

A total of 13 private companies, including Oilmax Energy and Deep Industries, have placed bids for the operatorship of ONGC’s 64 small producing fields, according to people with knowledge of the matter.

from Energy-Industry-Economic Times https://ift.tt/2R5A1ce