LPG cylinder prices hiked across India, here are the new rates for different regions

Following a global hike in June prices, the rates of LPG cylinders in India have been hiked with effect from today. For Delhi consumers, the prices are now up by Rs 11.50 a cylinder, according to a release by the IOC

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

ATF price up 50%, LPG up Rs 11.5 per cylinder

Rates of subsidized gas have been rising following a government directive last year to hike prices by at least Rs 4 every month.

from Energy-Industry-Economic Times https://ift.tt/3dm1qPV

PFC & REC to offer 10-year loans to state discoms at 9.5 per cent

A senior government official said that PFC and REC have fixed interest rates under the liquidity package at 8.75 per cent for three-year loans, 9 per cent for five year loans, 9.25 per cent for seven years and 9.5 per cent for 10-year term loans

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dmWU3x

Reliance on track to achieve zero net debt: Report

With telecom arm Jio's capital expenditure (capex) largely complete, RIL should generate FCF of more than Rs 20,000 crore in FY21 (same as FY20) despite weaker oil and gas earnings

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

LPG cylinder prices hiked across India, here are the new rates for different regions

Prior to this raise, prices had been cut for three months on run up to May. It is worth noting here that cylinder prices are revised at the start of every month depending on the global LPG benchmark rate and the rupee-dollar exchange rate.

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

Delhi: IGL may hike CNG price to recover ‘corona costs’

The company had cut CNG price by Rs 3.2 per kg and PNG rate by Rs 1.55 per unit from April 3. After the reduction, the company needed daily sales to reach 70 per cent of the 35 lakh kg sold in the pre-lockdown period of February to recover operational expenditure

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36LSZL8

Spectre of oil giant Rosneft looms over Russian independent media

Andrei Shmarov was appointed in late March, ahead of the sale's completion. Journalists say they were barred from covering negative opinion polls of Putin, and that editors interfered in coverage of Rosneft.

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

PFC & REC to offer 10-year loans to state discoms at 9.5%

A senior government official said that PFC and REC have fixed interest rates under the liquidity package at 8.75% for three-year loans, 9% for five year loans, 9.25% for seven years and 9.5% for 10-year term loans. The interest rates will be valid for the next 60 days.

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

View: Modi has political capital to reform the power sector

Coronavirus has strengthened will for power reform but must be sustained to overcome political hurdles.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36Oa0Eq

States' transmission charges key: Gadkari on MSME solar parks

He was speaking through video conferencing to members of the Pune-based Maratha Chambers of Commerce, Industries and Agriculture (MCCIA).

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

Global energy leaders call for greater investment in clean electricity systems amid Covid-19 crisis

"Resilient electricity systems are vital for modern societies today and for a sustainable energy future, but they need much greater investment," said IEA Executive Director Fatih Birol.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2yOck1T

Solar energy: Centre asks Chandigarh about release of subsidy

The central government had released Rs 5 crore to the city for the transfer of subsidy to residents who had installed the rooftop solar-power plants.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Xjifp9

Gear up for rising peak electricity, water demand in middle of heat wave: Assocham

While the daily peak deficit is quite manageable, the challenges may increase in the wake of continuing heat wave in several states of Punjab, Haryana, Rajasthan, Uttar Pradesh and Madhya Pradesh, he said

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

View: Modi has political capital to reform the power sector

Electricity prices have long been political prices unrelated to costs, efficiency or morality.

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

OPINION: RTC Renewable Energy as the new normal - Learnings from Karnataka and Tamil Nadu

Key learnings can be drawn from renewable rich states of Karnataka and Tamil Nadu, which have been managing a high share of clean energy in their grid networks due to availability of hydro and biomass power.

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

OPINION: Driving synergy in energy and agriculture through Agro-Photovoltaics

APVs can help increase the solar share in energy mix, enhance farmers’ income, improve water security, enhance agri-productivity, improve DISCOM finances and make agriculture more sustainable.

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

IndiGrid to Buy Kalpataru Power JV Asset for Rs 310 crore

IndiGrid aims to scale up its power transmission assets under management (AUM) to Rs 30,000 crore by 2022 and has plans to diversify into the solar power sector.This will be the second acquisition by IndiGrid from a company other than its original sponsor Sterlite Power.

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

Torrent Gas commissions 21 CNG stations in five states

Torrent Gas, which holds licence to retail CNG to automobiles and piped cooking gas to household kitchens in 32 districts across seven states, commissioned 10 outlets in Uttar Pradesh, four in Punjab, three in Gujarat and Telangana each and one in Rajasthan.

from Energy-Industry-Economic Times https://ift.tt/3ez8uZw

OPINION: Solar innovation gives health mission a shot in the arm

Solutions from around the country have demonstrated that DRE technologies can indeed enhance rural healthcare infrastructure and service delivery

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

NHPC chief meets Ladakh L-G to discuss hydro, solar projects

An official release said a meeting was held at J-K Bhawan here to discuss the NHPC's proposals and way forward on implementation of various identified hydro and solar power projects in Leh-Ladakh region

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

Andhra Pradesh: Two MW solar plant commissioned at INS Kalinga

Despite the lockdown, all agencies concerned including APEPDCL worked out a contingency plan adhering to all guidelines in place for coronavirus pandemic and executed the work, according to a defence release here on Friday

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

NHPC to develop 155 MW hydro, 50 MW solar projects in Ladakh

“While explaining the techno-commercial viability of projects, NHPC proposed that taking advantage of high solar irradiance of the region, blending of hydro power with solar power may also be explored,” said a press release

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2XdhoX0

NHPC to develop 155 MW hydro, 50 MW solar projects in Ladakh

NHPC has already commissioned 45 MW Nimmo Bazgo in Leh and 44 MW Chutak hydropower projects in Kargil

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2yJt0rc

Dharmendra Pradhan envisages home delivery of petrol, CNG

Doorstep delivery of petrol and CNG is said to pose risks due to highly inflammable nature of the fuel, and safe and secure modes approved by relevant authorities need to be evolved. Pradhan said the government has already started mobile dispensers for diesel and is working on energy efficiency, affordability, security and accessibility.

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

India oil import bill falls 10 per cent to $101 bn in FY20

At least in the oil sector, the global health emergency posed by the spread of the novel coronavirus has come to the country's advantage.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36DW14f

China to restrict expansion of solar equipment producers

China, the world's biggest manufacturer of photovoltaic products, had silicon wafer production capacity of 173.7 gigawatts (GW) by end 2019, accounting for 93.7 per cent of the world's total

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3gyQ39k

China to restrict expansion of solar equipment producers

China, the world's biggest manufacturer of photovoltaic products, had silicon wafer production capacity of 173.7 gigawatts (GW) by end 2019, accounting for 93.7 per cent of the world's total

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36FaZa9

Punjab, Haryana, Rajasthan power demand significantly up; Gujarat, Maharashtra lag behind

A state-wise analysis showed that the consumption of electricity in states like Punjab, Haryana and Rajasthan has increased over last year- in both peak-hour demand and energy consumed per day terms, a quick comparison between electricity demand (both peak-hour and energy met) on May 26 this year with May 24, 2019—a corresponding working day last year.

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

View: Covid-19 will hasten the demise of many oil refineries

With many oil traders and analysts expecting a slow and uncertain recovery in demand, there’s now an open question about where that leaves refineries supplying tens of billions of barrels of fuel each year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3cg2WBL

Coal India to use drones for measuring production at new mines

At present, quantity of top soil removed by contractors from coal seams and coal produced by each pit are measured with ground mounted or hand held devices

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

View: Covid-19 will hasten the demise of many oil refineries

When consumption of transport fuels collapsed this year because of coronavirus, much of the industry moved into survival mode, cutting processing rates and even temporarily stopping refining in some cases. While that helped prop up the industry’s margins for a while, a combination of rising crude costs and still-weak end-user demand are starting to bite.

from Energy-Industry-Economic Times https://ift.tt/2X9H9aC

Softbank-Bharti renewable JV looks to raise up to $750 million

SB Energy, the renewable energy arm of SoftBank, has mandated Bank of America Merrill Lynch and Barclays to help raise $500-$750 million in SBG Cleantech, it’s 80:20 joint venture with Bharti, multiple people aware of the development said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TOQe6O

GE, which traces its roots to Thomas Edison, sells its lighting business

Analysts said the sale, announced on Wednesday, was not a surprise. GE had sought to offload its lighting division for several years, as it focused on more profitable areas such as renewable energy and health care technology

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3de9TEM

Costly electric vehicles confront a harsh coronavirus reality

Covid-19 is putting VW’s and other automakers’ electric ambitions at risk. The economic crisis triggered by the pandemic has pushed the auto industry, among others, to near-collapse, emptying showrooms and shutting factories

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dfkAa1

Softbank-Bharti renewable JV looks to raise up to $750 million

SB Energy, the renewable energy arm of SoftBank, has mandated Bank of America Merrill Lynch and Barclays to help raise $500-$750 million in SBG Cleantech, it’s 80:20 joint venture with Bharti, multiple people aware of the development said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3etK43D

NHPC board okays foray into solar power business

"It is to inform that board of directors of NHPC Ltd in its meeting held today...has considered and approved the proposal regarding diversification of business of the company by development of Solar Power Projects," a statement said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3gus76W

MNRE begins process to engage consultancy for One Sun One World One Grid plan

India, through the OSOWOG initiative, plans to take another leap towards building a global ecosystem of interconnected renewable energy resources that are seamlessly shared for mutual benefits and global sustainability

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M57S1M

Trump administration helps wind and solar projects delayed by pandemic

The Internal Revenue Service issued a notice saying it would give wind projects started in 2016 or 2017 an additional year, until the end of 2021, to bring their projects online and still qualify for a tax credit for every kilowatt-hour of electricity produced

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

Households driving up power demand

Electricity demand is inching closer to last year's level but experts feel it is mostly due to hot weather, particularly in the plains of northern India. Andhra Pradesh, Madhya Pradesh, Bihar, Delhi and Uttar Pradesh are closer to last year’s electricity demand level.

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

MNRE begins process to engage consultancy for One Sun One World One Grid plan

India, through the OSOWOG initiative, plans to take another leap towards building a global ecosystem of interconnected renewable energy resources that are seamlessly shared for mutual benefits and global sustainability

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3c9qqZn

NHPC board okays foray into solar power business

"It is to inform that board of directors of NHPC Ltd in its meeting held today...has considered and approved the proposal regarding diversification of business of the company by development of Solar Power Projects," a statement said

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

Maharashtra: Raut wants 500MW solar park in Vidarbha

The minister also instructed MSEDCL & MEDA for restarting the subsidy process immediately. On request of MASMA, he also asked MSEDCL and MEDA officials to clear way for 500MW solar park in Vidarbha

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

Rajasthan: Govt announces cheaper solar power for household

Rajasthan Renewable Energy Corporation Ltd (RRECL) has selected vendors who will be eligible to put up the plants. The vendors will also be responsible for getting the government subsidy and for maintenance of the solar plants for five years

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

US renewable fuel use tops coal for first time since firewood reigned 130 years ago: EIA

The shift underscores a decade-long decline in the coal industry, driven by regulatory efforts to reduce greenhouse gas emissions and fierce competition from natural gas, wind and solar power sources

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M7PZzt

EU pledges to stay green in recovery from coronavirus

the EU's executive arm wants to massively increase a 7.5-billion euro ($8.25 billion) fund presented earlier this year that was part of an investment plan aiming at making the continent more environmentally friendly

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Aj1e5r

Govt seeks USD 520 mn from Cairn Oil & Gas; co slaps arbitration notice

The Directorate General of Hydrocarbons (DGH), the upstream technical arm of the Ministry of Petroleum and Natural Gas, sought USD 520 million in additional profit petroleum for the government after an audit of capital and operating expenses

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

Gautam Adani sees COVID-19 as opportunity for faster transition to clean energy

"While the immediate economic impact may slow us down, we are presented with an opportunity to pause, rethink, and design a new and faster transition to a low-carbon future," he said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3df9DFu

Gautam Adani sees COVID-19 as opportunity for faster transition to clean energy

"While the immediate economic impact may slow us down, we are presented with an opportunity to pause, rethink, and design a new and faster transition to a low-carbon future," he said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3guF7t7

Zunroof launches Rs 660 per month residential solar rooftop plan in Delhi

Zunroof will charge a nominal processing fee of Rs 10,000 per kilowatt (kW). While the monthly payments will be spread over seven years, which would begin only after net metering is implemented

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2zGH8C7

Gautam Adani sees Covid-19 as opportunity for faster transition to clean energy

The head of India's biggest infrastructure conglomerate Adani Group on Thursday said many of the system operators in Europe, faced with falling demand, are learning to manage grids at a remarkably high level of renewables in the energy mix, often up to 70 per cent.

from Energy-Industry-Economic Times https://ift.tt/2ZJK23B

Government seeks USD 520 million from Cairn Oil & Gas; company slaps arbitration notice

Cairn is the operator of Rajasthan block with 70 per cent interest while the balance is held by state-owned Oil and Natural Gas Corp (ONGC).

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

Fuel prices may rise by Rs 5/litre after daily revision restarts

Official sources in public sector oil marketing companies said that all fuel retailers had a meeting last week to evaluate the situation and prepare the roadmap for restarting daily fuel revision exercise post Covid-19 related lockdown

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TO5K2z

RIL’s smart switch to pushing exports offsets Covid hit

RIL has reversed the share of exports and local sales in a matter of 10 days to beat the slowdown.

from Energy-Industry-Economic Times https://ift.tt/2X6zXfo

NTPC keen to buy Reliance Group's Delhi power distribution units

The Reliance Group, controlled by Anil Ambani, has been looking to cut debt by selling stakes in some of its companies. It sold its Mumbai electricity distribution business to Adani Transmission in 2018

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

Sterling and Wilson appoints Raghu Menon as CEO of its COGEN business

Menon is a graduate in mechanical engineering from Pune University and holds a diploma in marketing management from Welingkar Institute of Management, Mumbai.

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

A $3 billion fund may aid India’s mining belt after virus havoc

The lockdown has had a damaging economic impact, with the country hurtling toward its first full-year contraction in four decades. An estimated 122 million people lost their jobs in April while consumer demand has evaporated

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M3ojvh

PM reviews power and RE ministries, calls for innovative models in rooftop solar

For the renewable energy sector, he said that there is a need for a holistic approach for the entire supply chain in the agricultural sector ranging from solar water pumps to decentralised solar cold storages

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2XC0uA7

PM Modi reviews power sector, says state-specific solutions needed

During the review, policy initiatives including revised tariff policy and the Electricity (Amendment) Bill 2020 to redress the problems afflicting the power sector were also discussed

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

Covid-19 intensifies need to expand sustainable energy solutions

This includes a notable reduction in the number of people worldwide lacking access to electricity, strong uptake of renewable energy for electricity generation, and improvements in energy efficiency

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

Electricity Act proposed amendments ensure financial independence for discoms: EY

"While the amendments do talk about sublicensing and relaxing the licensing norms for franchisees, it is not clear if this would mean multiple suppliers within a given region," Ivaturi said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2X8vzwt

PM Modi reviews power sector, says state-specific solutions needed

During the review, policy initiatives including revised tariff policy and the Electricity (Amendment) Bill 2020 to redress the problems afflicting the power sector were also discussed. The prime minister emphasised on the need to enhance consumer satisfaction, while increasing operational efficiency and improving financial sustainability of the power sector, an official statement said.

from Energy-Industry-Economic Times https://ift.tt/2TLbuu9

Adani Power gets nod to set up 1,320 MW plant in Madhya Pradesh

Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis

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

Gas sector finds itself in bright spot

Driven by the steep fall in natural gas prices, the gas-based units generated 5,012 million units (kWh) in the month of April as compared to 4,301 million units in March this year, according to Central Electricity Authority (CEA) data

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M8Z76A

Centre notifies land acquisition process for laying oil pipeline

The Centre on Wednesday has notified the process for land acquisition for the 486-km long oil pipeline from Mundra to the upcoming refinery at Pachpadra in Barmer, Rajasthan whose ground-breaking ceremony was done by Prime Minister Narendra Modi in 2018.

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

NTPC to foray into distribution, keen to buy majority stake in BRPL, BYPL

In a letter written to Delhi Electricity Regulatory Commission (DERC) on May 26, 2020, the power giant said, "NTPC has decided to foray into power distribution sector and keen on acquiring the distribution assets (BRPL and BYPL)"

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M8T6Xy

Low crude oil prices helped India save Rs 25,000 crore: Dharmendra Pradhan

‘Government will reinvest that money for the welfare of the people’

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36B31id

NTPC in race to buy Delhi discoms from Reliance Infra

NTPC has only been keen on buying stressed private power projects that moved to bankruptcy court. Early this year the company outbid the Adani Group in the race for the Avantha Group's 600 mw Jhabua power plant in Madhya Pradesh with a Rs 1,900 crore offer. In its letter to DERC secretary Mukesh Wadhwa, NTPC said it has decided to foray into distribution sector and is keen on acquiring distribution assets.

from Energy-Industry-Economic Times https://ift.tt/2X5WMQe

Covid-19: Rethinking water resource security for a power secure future

Policymakers must focus on a series of measures to scale up adoption of water efficient technologies in thermal power plants and introduce better water management practices.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dfO5J2

Chandigarh: Solar panels: UT extends deadline till March 2021

Debendra Dalai, CEO of Chandigarh Renewal Energy, Science and Technology Promotion Society (Crest), said they had proposed to extend the deadline because of many factors like lockdown, shortage of manpower with companies for installation of solar plants

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

Oil India reports blowout at well in Assam

OIL stated at around 10.30 am on Wednesday the producing well of Baghjan 5 under Baghjan Oilfield of Oil India Limited in Tinsukia district suddenly became very active while work over operations were on.

from Energy-Industry-Economic Times https://ift.tt/2ZGaV8D

NTPC to foray into distribution, keen to buy majority stake in BRPL, BYPL

In a letter written to Delhi Electricity Regulatory Commission (DERC) on May 26, 2020, the power giant said, "NTPC has decided to foray into power distribution sector and keen on acquiring the distribution assets (BRPL and BYPL)".

from Energy-Industry-Economic Times https://ift.tt/2B83OLZ

Govt may launch coal blocks auction process under commercial mining on Jun 11

The methodology approved by CCEA provides that bid parameter will be revenue share, the government had said adding that bidders would be required to bid for a percentage share of revenue payable to the government

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2B8f2QD

Middle East’s oil is still a favorite for India’s top refiner

Gulf producers such as Iraq and Saudi Arabia -- which together supplied around 40% of India’s oil imports in 2019 -- have been offering cargoes at very attractive prices recently, said Sanjiv Singh, chairman and MD of Indian Oil Corp.

from Energy-Industry-Economic Times https://ift.tt/3c88XAv

Aluminium Association of India urges CERC to look into markets for renewable energy certificates

AAI vice-chairman Rahul Sharma said in an official statement that the association feels it is apparent that price of solar RECs in the last one year have shot up by more than 125 per cent from Rs 1000/MWhr to Rs 2250/MWhr

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

Govt extends BPCL bid deadline to July 31

While the Cabinet had in November last year approved the sale of government's entire 52.98 per cent stake in BPCL, offers seeking expression of interest (EoI), or bids showing interest in buying its stake, were invited only on March 7

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3d9MGU0

Delhi's power demand surges to season's highest so far on Tuesday night

Power demand of the national capital surged to the season's highest so far to 5464 MW on Tuesday night, amid an intense heatwave gripping the city, discom officials said.

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

Govt extends BPCL bid deadline to July 31

While the Cabinet had in November last year approved the sale of government's entire 52.98% stake in BPCL, offers EoI or bids showing interest in buying its stake, were invited only on March 7. The EoI submission deadline was May 2, but on March 31 it was extended up to June 13. On Wednesday, this deadline has been further being extended up to July 31.

from Energy-Industry-Economic Times https://ift.tt/2XsJs7C

Aluminium Association of India urges CERC to look into markets for renewable energy certificates

AAI vice-chairman Rahul Sharma said in an official statement that the association feels it is apparent that price of solar RECs in the last one year have shot up by more than 125% from Rs 1000/MWhr to Rs 2250/MWhr, resulting in an additional burden of Rs 1.25/kwh of RE energy compliance for all consumers.

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

GE Power India appoints Mahesh Palashikar as Chairman

"We are delighted to have Mahesh join the GEPIL Board as Chairman. Mahesh brings deep knowledge and vast experience with a strong proven leadership," GE Power India Managing Director Prashant Jain said

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

Coal India arm assures compliance with green rules for mining in new Assam project

There is opposition from different quarters to coal mining in the area on the ground that it will pose threat to the environment and wildlife

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

Ola Electric acquires AppScooter maker Etergo, to launch 2-wheeler next year

Aiming to launch its global electric two-wheeler in India in 2021, Ola Electric is currently running several pilots to deploy electric vehicles and charging solutions across cities with a focus on two and three wheelers

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M10OD9

GE Power India appoints Mahesh Palashikar as Chairman

"We are delighted to have Mahesh join the GEPIL Board as Chairman. Mahesh brings deep knowledge and vast experience with a strong proven leadership," GE Power India Managing Director Prashant Jain said. Palashikar is currently the President and CEO of GE South Asia.

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

COVID-19: Global energy investments set for a historic $400 bn plunge, says IEA

This would be the largest drop in global energy investment in history, with spending expected to plunge in every major sector from fossil fuels to renewables, and efficiency

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

Gujarat: Wind power generation balloons to 3,396 MW

Gujarat recorded wind power generation of 63.3 million units as on 4pm on May 25. Wind power constituted 20 per cent of the 320 million units consumed on the same day

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2yF0WW2

Siemens to give shareholders 55 per cent of Energy business spin-off

The flotation would be one of the biggest IPOs this year as companies avoided the market since the coronavirus outbreak spread globally in March

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2XBQ8Ax

Petronas in talks to acquire assets of Acme Solar

One of the largest solar power developers in India, Acme Solar has a portfolio of 5.5 GW with an operational capacity of 2.9 GW and 2.6 GW of projects under different stages of development.

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

BPCL launches cooking gas booking via WhatsApp

WhatsApp booking can be done on BPCL Smartline number -- 1800224344 -- from the customer's mobile number registered with the company.

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

Lithium producers must wait as pandemic slows electric vehicle revolution

The holdup will result in a shortage of the white metal available for EV batteries when markets rebound, warned industry analysts, executives and consultants

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3enSN7E

Round-the-clock renewable energy tenders worry developers

Developers say tender conditions do not require supplying power throughout the day, it could be called round-the-clock only in theory. "The RTC tender is not dispatchable. It doesn't state on a day to day basis how much power is needed, it only gives a monthly quota," a developer said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3c4piGl

Round-the-clock renewable energy tenders worry developers

Developers say tender conditions do not require supplying power throughout the day, it could be called round-the-clock only in theory. "The RTC tender is not dispatchable. It doesn't state on a day to day basis how much power is needed, it only gives a monthly quota," a developer said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2X5rn0h

Petronas in talks to acquire assets of Acme Solar

One of the largest solar power developers in India, Acme Solar has a portfolio of 5.5 GW with an operational capacity of 2.9 GW and 2.6 GW of projects under different stages of development.

from Energy-Industry-Economic Times https://ift.tt/2X4jZm1

PFC to fund projects worth Rs 22K cr in Madhya Pradesh

According to the statement, the funds will be deployed by NBPCL for setting up hydroelectric projects of 225 MW and power components of 12 major multipurpose projects in Madhya Pradesh

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2M1AA3G

Germany’s GIZ to help India evaluate optimal power mix with renewables

This would be the first control reserve study to be conducted in this part of the world and is crucial for integrating wind and solar energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36vBAq5

Round-the-clock renewable energy tenders worry developers

Developers say tender conditions do not require supplying power throughout the day, it could be called round-the-clock only in theory. "The RTC tender is not dispatchable. It doesn't state on a day to day basis how much power is needed, it only gives a monthly quota," a developer said.

from Energy-Industry-Economic Times https://ift.tt/3glk6kR

Microbial cyborgs: Bacteria supplying power

Electronic devices are still made of lifeless materials. One day, however, 'microbial cyborgs' might be used in fuel cells, biosensors, or bioreactors. Scientists have created the necessary prerequisite by developing a programmable, biohybrid system consisting of a nanocomposite and the Shewanella oneidensis bacterium that produces electrons. The material serves as a scaffold for the bacteria and, at the same time, conducts the microbially produced current.

from Batteries News -- ScienceDaily https://ift.tt/2Af7vPh

Microbial cyborgs: Bacteria supplying power

Electronic devices are still made of lifeless materials. One day, however, 'microbial cyborgs' might be used in fuel cells, biosensors, or bioreactors. Scientists have created the necessary prerequisite by developing a programmable, biohybrid system consisting of a nanocomposite and the Shewanella oneidensis bacterium that produces electrons. The material serves as a scaffold for the bacteria and, at the same time, conducts the microbially produced current.

from Fuel Cells News -- ScienceDaily https://ift.tt/2Af7vPh

BPCL launches cooking gas booking via WhatsApp

Bharat Petroleum has over 71 million LPG customers, making it the second-largest player after Indian Oil. WhatsApp booking can be done on BPCL Smartline number -- 1800224344 -- from the customer's mobile number registered with the company.

from Energy-Industry-Economic Times https://ift.tt/2B3RXhX

Rs 90,000 crore package to provide only temporary relief to discoms: IndRa

"India Ratings and Research (Ind-Ra) believes that the bailout package of Rs 900 billion would only provide a temporary relief to power distribution companies (discoms)," Ind-Ra said in a statement

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36wYfT1

Vedanta seeks shareholders nod for delisting; e-voting till Jun 24

Post shareholder approval, the company will file for a reverse book-building process with the stock exchanges. In reverse book-building, shareholders bid at which price they would be willing to sell their shares

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3d3uwn9

Coal India arm to see viability of merger of NTPC's two mines in Chhattisgarh

The coal ministry had recently asked NTPC to prepare separate mining plans for both the blocks, an official said.

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

Small nuclear reactors key to sustainable development by ensuring zero emissions: Rosatom

In an interview with ET’s Dipanjan Roy Chaudhury Nikita Mazein, Vice President of Rusatom Overseas explains how small reactors can play a big role in phasing out coal-fired power plants

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TCSLk4

PFC signs MoU with NBPCL to fund projects worth Rs 22,000 crore

The funds will be deployed by NBPCL for setting up hydroelectric projects of 225 MW and power components of 12 major multipurpose projects in Madhya Pradesh, the statement said.

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

Thermal power plants allowed to use coal with high ash content

On Thursday, the ministry issued a notification that overturned its January 2014 regulation that made it mandatory for all coal-based power plants located 500 kilometres or more from the pit-head or coal mine to use raw or blended or beneficiated coal with no more than 34 per cent ash content.

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

Reliance Power wins lawsuit in Indonesian court challenging validity of Singapore arbitration award

The total dues payable by Kokos Jiang and Prestige Capital Holdings stands at 68 million dollars as on the day of judgement. With this judgement, the Indonesian court has further reinforced the ongoing award execution process

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

Small nuclear reactors key to sustainable development by ensuring zero emissions: Rosatom

Small modular reactor (SMR) – based nuclear power plants, both floating and onshore, open up a great sustainable development opportunity for the whole world including India.

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

Rs 90,000 crore package to provide only temporary relief to discoms: IndRa

Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies.

from Energy-Industry-Economic Times https://ift.tt/2ZBEIz7

Why India’s EV dream facing deferments, delays & die-offs

The pandemic situation has surely changed the mindset of the domestic automobile industry where currently survival is the key and expansion to any new technologies, including electric vehicles has been abandoned at least for a short-term

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

Higher margins to help offset volume dip for city gas companies

The three companies have passed on only a portion — 50-70 per cent — of the lower gas prices in April to their consumers

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2X0Epw4

Russia leapfrogs Saudi Arabia as China's top crude oil supplier in April

Russian shipments reached 7.2 million tonnes last month, equivalent to 1.75 million barrels per day (bpd), according to data from the General Administration of Customs released on Tuesday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3eh4nkP

Aluminium industry demands price correction in REC to avoid burden on industry

This huge burden on the consumers is due to non- revision of REC prices since 2017 by the regulator, despite steep fall in RE generation costs, he said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3gkXsc9

India looks to store cheap oil in United States - oil minister

India's plan could be similar to a move by Australia, which last month said it would build up an emergency oil stockpile initially by buying crude to store in the U.S. Strategic Petroleum Reserve to take advantage of low oil

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

Qatar ready to discuss India’s demand to cut long-term LNG prices

Executives at Petronet LNG, which imports Qatari gas are likely to meet via videoconference with Qatargas executives soon to discuss how prices can be cut for the 8.5 million tonne a year of supply deal that expires in 2028.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ywSPL0

Gujarat: New industrial policy likely from June

The new policy is likely to be announced soon on the basis of reports filed by various sectoral sub-groups and suggestions received from industry associations and trade bodies

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

Germany to help India evaluate optimal power balancing to meet renewable energy plans by 2022

In 2016, ministry of new and renewable energy (MNRE) announced one of the world’s largest renewable energy expansion program, with the stated aim of generating 175 GW of green power by 2022

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2A66Gs8

Real-time trading on power bourses likely soon

Power can now be bought an hour before its requirement in real time market, unlike the popular day-ahead market by discoms on spot exchanges where trade happens a day in advance.

from Energy-Industry-Economic Times https://ift.tt/2Zy6Y5O

India looks to store cheap oil in United States

India's plan could be similar to a move by Australia, which last month said it would build up an emergency oil stockpile initially by buying crude to store in the U.S. Strategic Petroleum Reserve to take advantage of low oil prices.

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

Qatar ready to discuss India’s demand to cut long-term LNG prices

Executives at Petronet LNG, which imports Qatari gas are likely to meet via videoconference with Qatargas executives soon to discuss how prices can be cut for the 8.5 million tonne a year of supply deal that expires in 2028.

from Energy-Industry-Economic Times https://ift.tt/36vji8n

Thermal coal imports for blending to be eliminated in 2020-21

The country has abundance of domestic coal and is grappling with slump in demand for the dry fuel.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ZH59Ds

Oil, gas giants may get tax sop as govt works on lifeline

Lockdowns erased major demand. Before that, three big global producers — Saudi Arabia, Russia and the US — were locked in a competition for market share and producing more

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3c7LjEk

IL&FS invites EoI to sell its 26 per cent stake in OTPC

The other shareholders of OTPC are state-run ONGC, with 50 per cent stake, IndiaInfrastructure Fund-II with 23.5 per cent, managed by Global Infrastructure Partners and the Government of Tripura holding 0.5 per cent stake

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

Delhi sees season's highest power demand on Sunday

Tata Power Delhi Distribution said it met the peak power demand of 1493 MW on Sunday night.

from Energy-Industry-Economic Times https://ift.tt/2WZL9u7

India's April crude processing in biggest drop in at least nearly two decades

The lockdown and travel curbs aimed at stemming spread of COVID-19 since March 25 forced people to stay home, cutting India's fuel demand by 45.8% in April.

from Energy-Industry-Economic Times https://ift.tt/3c1pjdS

Green certificate sales down 35 pc to 2.37 lakh in April

According to official data, a total of 1.88 lakh RECs were traded on the Indian Energy Exchange (IEX) in April, compared to 2.24 lakh in the same month of 2019

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3gmd7YQ

Oil, gas giants may get tax sop as government works on lifeline

A relief package has become crucial for the survival of companies such as ONGC as the price crash since March has turned oil production into a loss-making proposition. For example, the total cost of a barrel of oil produced by ONGC works out to $45 after including royalty, cess and other sundry levies. So at Friday’s $35/barrel price of global benchmark Brent, ONGC actually loses $10/barrel.

from Energy-Industry-Economic Times https://ift.tt/3gj4YUN

Power demand inching closer to pre-Covid levels

Data available with Power System Operation Corporation (Posoco) showed that demand for power has been inching upward from below 3,000 million units per day during lockdown to about 3,400 million units now

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

Rebate to discoms only for 40 day complete lockdown: Power Ministry

The rebate was on fixed charges for power drawn by discoms during the 40 days of complete nationwide lockdown period, the ministry clarified in response to ET’s queries.

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

Cargo volume at major ports slip 21% to 47 million tonnes in April; Chennai, JNPT severely hit

Container trade was severely hit as it recorded a decline of 36.98 per cent in terms of TEU (twenty foot equivalent unit), followed by 30.46 per cent fall in thermal coal

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3cYKa2U

OPINION: Cleaner, and now cheaper, solar power beats coal

Solar energy just beat coal-based power hollow, and would do so even if taxes and cesses on coal were lifted.

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

Green certificate sales down 35 pc to 2.37 lakh in April

According to official data, a total of 1.88 lakh RECs were traded on the Indian Energy Exchange (IEX) in April, compared to 2.24 lakh in the same month of 2019

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3gcYS8u

Three bids for Anil Ambani’s Delhi power distribution business

Reliance Infrastructure had hired KPMG to find buyers for the 51% stake each it holds in BSES Rajdhani Power (BRPL) and BSES Yamuna Power (BYPL). The Delhi government owns the remaining 49% in both.

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

Govt working on relief measures for oil producers

A relief package has become crucial for the survival of companies such as ONGC as the price crash since March has turned oil production into a loss-making proposition

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

Power demand inching closer to pre-Covid levels

Data available with Power System Operation Corporation (Posoco) showed that demand for power has been inching upward from below 3,000 million units per day during lockdown to about 3,400 million units now.

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

Three bids for Anil Ambani’s Delhi power distribution business

Reliance Infrastructure had hired KPMG to find buyers for the 51% stake each it holds in BSES Rajdhani Power (BRPL) and BSES Yamuna Power (BYPL). The Delhi government owns the remaining 49% in both.

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

Reliance estimates USD 200-400 million liability in KG-D6 cost recovery dispute

Natural gas output from Dhirubhai-1 and 3 gas fields in the KG-D6 block in the Bay of Bengal started to lag company projections from the second year of production itself in 2010 and the field ceased to produce in February this year much ahead of its projected life.

from Energy-Industry-Economic Times https://ift.tt/3gb1kfI

View: Cleaner, and now cheaper, solar power beats coal

Solar power has looked a bright prospect for years since the price of solar panels keeps falling. Priority to solar power makes economic sense since it entails no running costs, whereas thermal power entails fuel costs.

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

A tale of disconnected dots: The regulatory algorithm behind Electricity Amendment Bill 2020

Privatisation, which is one of the potential impacts of the amendments, is also the preferred narrative of the govt to deal with Covid–19 pandemic. The Finance Minister, has recently announced that Union Territories will soon have private discoms and the same model will be subsequently replicated in various states. But are these steps enough?

from Energy-Industry-Economic Times https://ift.tt/2A0zulZ

Dharmendra Pradhan sees fuel demand reaching pre-Corona level next month as India gets back to work

A rebound in fuel demand indicates India is getting back to work and the world’s third-largest energy market is poised to regain its position as the global demand centre.

from Energy-Industry-Economic Times https://ift.tt/2A2canJ

Only competitive bidding for solar, wind projects in Gujarat

The new control period of the tariff framework will be effective up to March 31, 2023, said state government sources. GERC had issued the previous generic tariff order in 2016, and the control period of the order expired on March 31, 2019

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ge0sqV

India's natural gas output falls by one-fifth in April due to lockdown

Lower production was due to a 15.3 per cent drop in output by the country's top producer ONGC at 1.72 bcm. State-owned Oil India Ltd also produced 10 per cent less natural gas at 202.05 million cubic metres due to "loss of potential in Deohal area (in Assam) due to presence of CO2 in production stream (and) less gas offtake by consumers due to COVID-19 lockdown," it said.

from Energy-Industry-Economic Times https://ift.tt/2M5r4fX

Inox Wind arm sells 51 pc stake in Sri Pavan Energy

IWISL sold its entire 51 per cent shareholding, comprising 51,000 equity shares of Rs 10 each held in SPEPL, at face value for cash to Sri KPR Infra & Projects Ltd, it added

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2zr75Fs

Renewable firms in Mexico must contribute to grid backup: CFE chief

Manuel Bartlett, director of the Comision Federal de Electricidad (CFE) and staunch defender of the state, told Reuters he favors more clean energy and wants to reduce Mexico's use of fuel oil as a major source of power generation

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

Inox Wind arm sells 51 pc stake in Sri Pavan Energy

IWISL sold its entire 51 per cent shareholding, comprising 51,000 equity shares of Rs 10 each held in SPEPL, at face value for cash to Sri KPR Infra & Projects Ltd, it added

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

Spot LNG price crash set to make life harder for Indian suppliers of long-term gas

LNG rates have been under pressure for more than a year due to a supply glut but the extraordinary demand destruction by the coronavirus pandemic and the difficulty in storing the super-cooled liquid has hammered global gas prices

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

Only competitive bidding for solar, wind projects in Gujarat

The new control period of the tariff framework will be effective up to March 31, 2023, said state government sources. GERC had issued the previous generic tariff order in 2016, and the control period of the order expired on March 31, 2019

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ecIiE6

Next-generation solar cells pass strict international tests

A cost-effective method to stabilise perovskite solar cells could soon see them become commercially viable.

from Renewable Energy News -- ScienceDaily https://ift.tt/3ec0tcO

Next-generation solar cells pass strict international tests

A cost-effective method to stabilise perovskite solar cells could soon see them become commercially viable.

from Solar Energy News -- ScienceDaily https://ift.tt/3ec0tcO

Novel device harnesses shadows to generate electricity

Researchers have created a device called a 'shadow-effect energy generator' that makes use of the contrast in illumination between lit and shadowed areas to generate electricity. This novel concept opens up new approaches in harnessing indoor lighting conditions to power electronics.

from Solar Energy News -- ScienceDaily https://ift.tt/2Txwq7B

India's annual EV sales to cross 2 million mark by 2040: BloombergNEF

Electrification of two and three-wheelers and buses is expected to go much faster than passenger vehicles in India

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3gf7zze

ATLAS telescope discovers first-of-its-kind asteroid

An extraordinary asteroid with comet-like features has researchers puzzled.

from Solar System News -- ScienceDaily https://ift.tt/2Tua72u
via IFTTT

India's petroleum product demand to fall 8 per cent in 2020: IEA

The country's petrol demand is projected to fall by 350 thousand barrels per day in the second quarter of 2020, primarily due to mobility restrictions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TuE3M8

OPINION: COVID-19 - The road ahead for India’s solar power sector

It is how we react after this crisis ends, that will decide how quickly we meet our renewable energy target of 100 GW by 2022.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3bUWv79

Commercial coal mining to cut India's import bill by half: Crisil

"Earlier, only captive consumers could commercially mine coal. However, this initiative will lend a fillip to commercial coal mining because any private entity can now excavate on a revenue-sharing basis," the agency sai

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3bT7PAB

India’s current solar tariffs 30 per cent lower than existing thermal power costs: Study

According to Vibhuti Garg, co-author of the study by IEEFA and JMK Research & Analytics and energy economist at IEEFA, as per current market conditions, tariffs below Rs 2.50 per kWh are financially not viable in India’s solar sector

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Xgd5sG

ONGC, NTPC sign MOU to set up joint venture for renewable energy business

Oil and Natural Gas Corp (ONGC) and NTPC Ltd "entered into a memorandum of understanding (MoU) on May 21, 2020 in New Delhi to formalize this arrangement," ONGC said in a statement.

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

Pradhan Mantri Ujjwala Yojana beneficiaries get 6.8 crore free cylinders

Under the Pradhan Mantri Garib Kalyan Package for healing COVID pain of poor, the government had in March announced distribution of three 14.2-kg LPG cylinders free of cost to Ujjwala beneficiaries from April to June.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ZxV7ot

India's solar tariff stabilises, lower than thermal power

Their findings are published in the report - Developers and Global Investors Snap Up India's Solar Power Tenders - Decoding Tariffs vs. Returns for Solar Projects in India

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2AMkx7b

MNRE may now hold auctions only for RTC and hybrid projects

Power supply from solar and wind projects is inherently intermittent because both sources are not available all the time—while sunlight is available only for a few hours with varying intensity, wind velocity keeps changing

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36jA9uM

ONGC, NTPC sign pact to form JV for renewable energy

The two companies, both public sector 'maharatnas,' signed a memorandum of understanding on Thursday for the JV which aims to enable both companies to achieve their targets in the renewable energy business

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

Indian Oil bets on hydrogen vehicle for self-reliant future mobility

“Our forte is hydrogen production,” said SSV Ramakumar, director (R&D) at Indian Oil. “We are the largest producer of hydrogen in the country. Our aim is to build the hydrogen economy and hydrogen distribution network”

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3gcB1WI

Duty of discoms to clear gencos' dues: Prabhu

"Till 2000 when power was largely controlled by the public sector, things were different. However, over the period we witnessed large investments from the private sector

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2LM8kBV

MNRE may now hold auctions only for RTC and hybrid projects

Power supply from solar and wind projects is inherently intermittent because both sources are not available all the time—while sunlight is available only for a few hours with varying intensity, wind velocity keeps changing

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

ONGC, NTPC sign pact to form JV for renewable energy

The two companies, both public sector 'maharatnas,' signed a memorandum of understanding on Thursday for the JV which aims to enable both companies to achieve their targets in the renewable energy business

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3d5ESCE

MNRE may now hold auctions only for RTC and hybrid projects

Green energy developers in India have been supplying whatever power they generate right away to the grid, and since most have not invested in storage facility, the supply is intermittent. Continuous supply requires setting up of storage batteries, which may also increase the tariff.

from Energy-Industry-Economic Times https://ift.tt/3g7ZZ9r

ONGC, NTPC to form joint venture for mega projects

"As per the MoU, NTPC and ONGC will explore and set up renewable power assets including offshore wind, in India and overseas, and explore opportunities in the fields of sustainability, storage, E-mobility and ESG (Environmental, Social and Governance) compliant projects," a statement by ONGC said.

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

Indian Oil bets on hydrogen vehicle for self-reliant future mobility

Indian Oil, the nation’s largest refiner and fossil fuel retailer, wants to keep itself relevant to motorists in future should vehicles shift away from polluting fossil fuels under the combined pressure of climate change obligations and technological innovations. Fuel cell vehicles carry a hydrogen tank and produce their own electricity, unlike other electric vehicles.

from Energy-Industry-Economic Times https://ift.tt/3cMX8kh

ONGC, NTPC sign pact to form JV for renewable energy

The two companies, both public sector 'maharatnas,' signed a memorandum of understanding on Thursday for the JV which aims to enable both companies to achieve their targets in the renewable energy business.

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

Crude oil at highest since March on lower US inventories, recovering demand

Crude prices have slumped in 2020, with global benchmark Brent hitting a 21-year low below $16 in April as demand collapsed. With fuel use rising and mounting signs that the supply glut is being tackled

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

Pradhan Mantri Ujjwala Yojana beneficiaries get 6.8 crore free cylinders

Under the Pradhan Mantri Garib Kalyan Package for healing COVID pain of poor, the government had in March announced distribution of three 14.2-kg LPG cylinders free of cost to Ujjwala beneficiaries from April to June.

from Energy-Industry-Economic Times https://ift.tt/3bLRWf3

New emission norms: 70 per cent of India’s coal-fired power plants won’t meet 2022 deadline, report says

Besides being accountable for emissions of pollutants like SO2, the sector is also extremely water-intensive – it is responsible for 70% of total freshwater withdrawal by all industries in the country.

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

GE Renewable bags 102.6 MW wind turbine project from Powerica

The wind farms will generate clean electricity that will be sold through a long-term Power Purchase Agreement of 25 years

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

India’s solar PV installations to fall by 23 per cent in 2020: IEA

IEA said that it expects a 6 per cent year-on-year decline in demand in 2020, further worsening discoms with already challenging finances

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Zo5X03

Suzlon Energy shareholders approve debt restructuring plan

Shareholders, through postal ballot, approved the resolutions proposed by the company for paving the way for debt restructuring

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WQ8zlR

GE Renewable bags 102.6 MW wind turbine project from Powerica

The wind farms will generate clean electricity that will be sold through a long-term Power Purchase Agreement of 25 years. Power will be distributed to consumers connected to the state grid and national grid, respectively.

from Energy-Industry-Economic Times https://ift.tt/3ga2JTT