Mahavitaran, Adani consumers can pay electricity bills in three EMIs

Energy Minister Nitin Raut says Mahavitaran consumers get a 2% rebate if they pay their June bill in one go.

from Energy-Industry-Economic Times https://ift.tt/31sEiw2

Chinese solar imports to be exempted from BCD if PPA signed earlier

The decision is subject to the approval of the Department of Revenue under the finance ministry, said RK Singh, minister of state for power and new and renewable energy

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

LPG prices hiked for second consecutive month

Non-subsidised cooking gas LPG rates were increased by Re 1 to Rs 594 per 14.2-kg cylinder in the national capital. Prices were up by Rs 4 in other metros mostly because of different local sales tax or VAT rate.

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

ATF price hiked by 7.5%; petrol, diesel rates unchanged for 2nd straight day

This is the third straight increase in ATF prices in a month. Rates were hiked by a record 56.6 per cent (Rs 12,126.75 per kl) on June 1, followed by Rs 5,494.5 per kl (16.3 per cent) increase on June 16.

from Energy-Industry-Economic Times https://ift.tt/3eMyW2A

Indian Oil Corp agrees to form joint venture with Beximco LPG to set up a terminal to import LPG in Bangladesh

The joint venture would begin with acquiring Beximco’s existing LPG assets in Bangladesh. “We intend to set up a large LPG terminal at a deep-water port in Bangladesh, which would facilitate receipt of LPG in Very Large Gas Carriers, leading to reduction in cost of imports.

from Energy-Industry-Economic Times https://ift.tt/3ikc1xK

Chinese solar imports to be exempted from BCD if PPA signed earlier

The decision is subject to the approval of the Department of Revenue under the finance ministry, said RK Singh, minister of state for power and new and renewable energy

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31z5d9s

Essar group places bid for Petrobras' Bahia refinery

Petrobras, as Brazil's state-controlled oil producer is known, has received at least two offers for the 323,000 barrels per day Landulpho Alves refinery in Bahia, known as Rlam. The other is from Abu Dhabi's Mubadala Investment Company

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

ICRA says commercial mining rollout faces uncertain economic outlook due to COVID-19

Given state-owned CIL's ambitious target to reach one billion tonne coal output by FY'24, private commercial miners would face stiff competition in gaining a foothold in the domestic market, it said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2YKS63g

Coal reaching 'tipping point' vs renewables: analysis

The authors estimate that a third of the global coal fleet is already more costly to run than it is to build new renewable power solutions, including battery storage

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

No duty on Chinese imports for public solar power projects; Conditions apply

The decision is subject to the approval of the Department of Revenue under the finance ministry, said RK Singh, minister of state for power and new and renewable energy, told renewable energy players at a meeting called by his ministry to convey the decision.

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

Coal minister appeals to CIL unions to withdraw strike call, says no plans to divest PSU

One being asked about plans with regard to separating CMPDIL from CIL, the minister said, "Factually it is not correct and we are supporting CMPDI

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Zoo845

India-Bangladesh form LPG joint venture

Indian Oil’s Dubai unit IOC Middle East FZE and Beximco’s holding company RR Holdings Ltd, Ras Al Khaimah, UAE have signed an agreement for LPG business in Bangladesh, as per a statement by Indian Oil

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Aj3ABD

Mexican president orders fraud complaints against green power firms

Since April, the government has sought to prevent more than 40 wind and solar power plants from connecting to the CFE-owned grid, arguing that the coronavirus pandemic requires an uninterrupted power supply

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31BcG7V

Enel to build first solar plant in India after winning tender

In a statement, the group said its green energy unit had won the right to sign a 25-year energy supply contract for a 420 megawatt (MW) solar project in the State of Rajasthan

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3eOm9MP

Eight core industries including coal, oil & gas and electricity`s output contracts 23.4 pc in May

Barring fertiliser, all seven sectors - coal, crude oil, natural gas, refinery products, steel, cement, and electricity - had recorded negative growth in May

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2NJBcM8

Solar gear imports from China face double taxation

DGTR's oral hearing was previously scheduled be held on June 11, 2020, but was postponed due to certain administrative exigencies. Now, the hearing in first week of July will clear the way whether safeguard duty gets extended

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dMl3zV

India's Petronet looks to sign long-term LNG deal benchmarked to spot prices

India bought liquefied natural gas (LNG) under long-term contracts from Qatar and Australia at an average of USD 3.5-4.5 per million British thermal unit in the current quarter. Spot or current prices of LNG - gas turned into liquid at sub-zero temperature for ease of transporting in ships - are in the range of USD 2.

from Energy-Industry-Economic Times https://ift.tt/2ZBS7px

AAP to hold countrywide protest against hike in fuel prices on Wednesday

Diesel price on Monday scaled a new high after prices were hiked for the 22nd time in just over three weeks, taking the cumulative increase to Rs 11.14 per litre

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

Solar gear imports from China face double taxation

DGTR's oral hearing was previously scheduled be held on June 11, 2020, but was postponed due to certain administrative exigencies. Now, the hearing in first week of July will clear the way whether safeguard duty gets extended

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

Domestic gas pricing reform on cards, controls may be lifted

A panel led by the NITI Aayog Vice Chairman has also suggested free-market pricing for natural gas produced from all fields to boost domestic output. Now with gas exchange also in place, the idea to expand on the idea of creating a gas based economy has gained strength

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dJTo2D

Clean Energy can Support India's Economic Recovery post-COVID-19

​​These efforts include electric vehicle, energy storage, and renewable energy programs. Rajiv Kumar, Vice Chairman, NITI Aayog said that he is confident that India's economy will recover following the containment of the COVID-19 pandemic

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

Petrol, diesel prices go for pause, relief likely ahead

In the national capital, petrol price on Tuesday stood at Rs 80.43 per litre and diesel at Rs 80.53 a litre, same level as Monday when the OMCs had increased the price of the two fuels by five paise and 14 paise respectively

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31vnUe4

Clean Energy can Support India's Economic Recovery post-COVID-19

​​These efforts include electric vehicle, energy storage, and renewable energy programs. Rajiv Kumar, Vice Chairman, NITI Aayog said that he is confident that India's economy will recover following the containment of the COVID-19 pandemic

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g6DVLu

Japan's NTT aims to expand renewable energy capacity to 7.5 GW by 2030

The move, which was reported earlier by Nikkei, comes as companies step up investment in green energy to tackle climate change and may boost competitions in Japan's electricity market which has been liberalised since 2016

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

Petrol, diesel prices go for pause, relief likely ahead

In the national capital, petrol price on Tuesday stood at Rs 80.43 per litre and diesel at Rs 80.53 a litre, same level as Monday when the OMCs had increased the price of the two fuels by five paise and 14 paise respectively.

from Energy-Industry-Economic Times https://ift.tt/3ijAT8W

Greed for revenue keeps petrol, diesel prices high even in low oil price market

Since March this year, just before the nationwide lockdown was announced, the Centre has raised excise duty on petrol and diesel by an unprecedented Rs 13 and Rs 16 per litre, respectively, in two instalments

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

Rising diesel prices may increase the model share of rail segment: Concor CMD

Our expectation is that volumes in the first two quarters will be subdued. Right now it is very difficult to predict because of coronavirus and it will depend on how long we have the partial lockdowns or restrictions

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

Mexico's top court affirms antitrust agency role in green power feud

The ministry had justified its measures by saying that the coronavirus pandemic required new guarantees for uninterrupted power generation

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2NHJB2t

Pro-nuclear energy protesters rally against Greenpeace in Paris

The French government is working to reduce the share of atomic power in its electricity mix to 50 per cent by 2035 from the more than 71 per cent currently, as well as to promote more renewable energy, sparking an intense debate

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

Australia's Infigen backs revised Iberdrola takeover offer

Iberdrola and rival Philippine conglomerate Ayala Corp both raised their respective bids for Infigen on Monday, hoping to take control of its seven wind farms and a large pipeline of projects

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3eNb3HV

India's 17 per cent coal fleet set to become uncompetitive: Researchers

The report, 'How to Retire Early: Making Accelerated Coal Phase-Out Feasible and Just', reveals that new renewable energy is already cheaper than continuing to operate coal plants in much of the world

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vy6xWa

Climate fund targets $2.5 bln in clean energy investment for SE Asia

Last year, researchers said Southeast Asian countries must end their reliance on coal power and switch to clean energy, to meet pledges to curb climate change and tackle air pollution

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2YH516e

BP sells petrochemical arm to Ineos for $5 billion

BP said that 1,700 staff employed by its petrochemical business worldwide were expected to transfer to Ineos on completion of the sale that meets a $15-billion divestment target one year early

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BU3DEw

Security beefed up for 30 Chinese engineers at ECL

The Chinese engineers have been working with ECL since July 2019 under a contract with China Coal Overseas Development Company

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31u3p1y

Maharashtra power regulator says discoms’ billing calculation in line with norms

Mumbai residents, including celebrities, took to social media to express disbelief and complain regarding a sudden and steep increase in their electricity bills in the month of June

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2NFNvJ9

CIL to pump in Rs 16kcr for modernisation

CIL will set up coal handling plants (CHPs) with silos having rapid loading systems, which will have benefits like crushing, sizing of coal, quicker and better quality coal loading with the advantage of precise pre-weighed quantity of coal being loaded

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

Congress holds nationwide protests against fuel price hike; Sonia, Rahul slam Centre

In a video, Rahul Gandhi said, "The affect of rise in diesel and petrol prices are two-fold. One that you pay directly, and the other due to risenin prices of consumer products, including essential items"

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

First measurement of spin-orbit alignment on planet Beta Pictoris b

Astronomers have made the first measurement of spin-orbit alignment for a distant 'super-Jupiter' planet, demonstrating a technique that could enable breakthroughs in the quest to understand how exoplanetary systems form and evolved.

from Solar System News -- ScienceDaily https://ift.tt/2BbvIqT
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DGTR calls meeting over solar cells safeguard duty case on Friday

In March this year, an application for review and extension of safeguard duty has been filed by Mundra Solar PV, Jupiter Solar Power, and Jupiter International through Indian Solar Manufacturers Association (ISMA)

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

Defence Minister launches web portal for issuing NOCs for projects in Indian waters

The Defence Ministry said it accords security clearances to various private sector companies, public sector entities and government organisations for power, wind or solar projects in "areas nearby defence installations

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vr4DH6

CIL identifies 14 additional projects for 'first mile connectivity'; to invest over Rs 3,400 cr

"Four coal companies of CIL (Coal India Ltd) together will infuse a tentative capital of over Rs 3,400 crore in these projects that have a total of 100.5 million tonnes/year capacity," the company said in a statement

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

EDF Renewables UK, Octo Energy team up on solar, battery projects

The move comes as EDF Group plans to double its installed renewable energy capacity from to 50 gigawatts (GW) to 28 GW by 2030

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ic62uL

Japan's NTT to build renewable energy business, says Nikkei

NTT aims to secure 7.5 million kilowatts (KW) of electricity, equivalent to about 10 per cent of renewable power capacity in the country, Nikkei said, without citing sources

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BMh9tC

Centre agrees to form standing committees for SERC

Power and Renewable Energy Minister R.K. Singh had earlier proposed single Standing selection committee presided by sitting Supreme Court judge and members from both centre and states to do appointment for both SERCs and CERC

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2CL9MmE

India achieved 5.09% ethanol blending from December 1 to June 22: ISMA

The industry body informed that B-heavy molasses and sugarcane juice have been diverted away from sugar, to manufacture and supply 58 crore litres of ethanol to OMCs from in current year upto June 22.

from Energy-Industry-Economic Times https://ift.tt/3g9Gmgt

PFC, REC may restrict funding to power projects based on Chinese equipment

As bulk of the funds to the power sector is provided by these three institutions, the restriction is expected to be effective in checking large-scale import of Chinese gear. The move is likely to affect solar sector projects the most where Chinese import is to the extent of 80 per cent

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

Diesel price at new high as fuel prices hiked for 22nd time in just over 3 weeks; marginal hike in petrol price

Petrol price was increased by 5 paise per litre and diesel 13 paise a litre across the country, according to a price notification of state oil marketing companies

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

PFC, REC may restrict funding to power projects based on Chinese equipment

As bulk of the funds to the power sector is provided by these three institutions, the restriction is expected to be effective in checking large-scale import of Chinese gear. The move is likely to affect solar sector projects the most where Chinese import is to the extent of 80 per cent

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

Agreement for hydroelectric project in Bhutan signed in presence of EAM Jaishankar

The Concession Agreement for the 600 MW Kholongchhu (Joint Venture) Hydroelectric Project was signed between Bhutan government and Kholongchhu Hydro Energy Limited. The project is expected to be completed in the second half of 2025

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g5hg2g

Agreement for Indo-Bhutan joint venture hydroelectric project signed

The 600 MW run-of-the-river project is located on the lower course of the Kholongchhu River in Trashiyangtse district in eastern Bhutan. The project envisages an underground powerhouse of four 150 MW turbines with water impounded by a concrete gravity dam of 95 metres height, the MEA said.

from Energy-Industry-Economic Times https://ift.tt/31rJ0tK

India's protectionism conflicts with aim to be the next China

It doesn’t look like India sees itself as the world’s next factory, which requires openness.

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

Petrol, diesel price rise resume after a day

Since the daily price revision resumed on June 7, petrol price has increased Rs 9.17 and diesel rose by Rs 11.14 in the national capital. In the other cities the magnitude of increase was similar

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ZhZ5zI

Sterling and Wilson Solar plans to train locals to make up for labour shortage

He noted that mobilising the workers, who have gone to their villages, back to the construction sites is a time-consuming effort

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Zk4czq

India's protectionism conflicts with aim to be the next China

It doesn’t look like India sees itself as the world’s next factory, which requires openness.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31ov7MW

Iberdrola raises bid for Infigen as takeover race heats up

Iberdrola raised its offer price to A$0.89 per share, marginally above Infigen's Friday close of A$0.885, valuing the wind and solar firm at A$856.3 million ($587.6 million)

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

Diesel price at new high as fuel prices hiked for 22nd time in just over 3 weeks

Petrol price was increased by 5 paise per litre and diesel 13 paise a litre across the country, according to a price notification of state oil marketing companies. In Delhi, a litre of petrol now comes for Rs 80.43 per litre as compared to Rs 80.38 earlier. Diesel rates have been increased to Rs 80.53 per litre from Rs Rs 80.40.

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

Shale pioneer Chesapeake Energy files for bankruptcy

The filing marks an end of an era for the Oklahoma City-based shale pioneer, and comes after months of negotiations with creditors. Reuters first reported in March the company had retained debt advisers

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

It’s time to wave goodbye to bonanza oil trade

That is the structure known as contango. If they could store the oil cheaply enough, and sell it later when prices were higher, then traders could make several dollars per barrel of profit

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g4qufh

Govt order to companies for stocking up 2 months' LPG supply in Kashmir sparks speculations

The June 27 order said the matter was “most urgent” and directed the concerned department to stock up LPG, which can last for at least two months, owing to frequent landslides along Srinagar-Jammu national highway

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2CJNba4

India to check power equipment bought from China for malware

India has in the recent days taken steps to impose stringent quality control measures and higher tariffs on goods from China as it looks to boost domestic manufacturing to cut reliance on imports.

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

Discoms' outstanding dues to power gencos rise 63 pc to Rs 1.23 lakh cr in Apr

Distribution companies (discoms) owed a total of Rs 75,642 crore to power generation firms in April 2019, according to portal PRAAPTI. The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms.

from Energy-Industry-Economic Times https://ift.tt/3ibf0sg

Reliance pushes back KG-D6 production to September/October

The company, along with its partner BP Plc of the UK, was initially targeting the start of production from the R-Series field in the Krishna Godavari block in May but pushed it back to June-end due to the lockdown. The lockdown has further pushed the start of production to mid of 2020-21 fiscal, Reliance said in its latest annual report.

from Energy-Industry-Economic Times https://ift.tt/3dzc2dy

21-day consecutive hike in fuel prices halts: Petrol selling at Rs 80.38/litre, diesel at Rs 80.40/litre in Delhi

In Delhi, petrol is selling at Rs 80.38 per litre while diesel is a tad costlier at Rs 80.40 per litre. The rates have not increased today following the hike in the price of petrol by Rs 0.25 per litre, and diesel by Rs 0.21 per litre on June 27.

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

Companies in Northeast region are giving renewed thrust on enhanced oil recovery schemes: ONGC Executive Director

Malik, while speaking at a virtual platform on “Consultation on Hydrocarbon and Industries in North East of CII said, “However, there is significant scope to increase production through EOR technologies in the mature fields which is specifically pertinent for the North East. At present, hydrocarbon industry in the North- East region, is at an interesting juncture with an alluring potential of unconventional reserves and need for greater technological innovation and upgradation.”

from Energy-Industry-Economic Times https://ift.tt/2YIoS5b

Dismissing canards against power reforms, R K Singh says making sector viable only challenge left

"India is a power surplus nation. We are well connected (in terms of power transmission). Over one lakh MW electricity can be transmitted from one region to another region in the country. We have met all challenges in the sector but the only challenge left here is making it viable," Singh told PTI in an interview

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g0rscr

Petrol price up 25 paise, diesel 21 paise; rates hiked by Rs 9.12, Rs 11.01 in 3 weeks

Rates have been increased across the country but the final retail selling price differs from state to state depending on the incidence of local sales tax or VAT.

from Energy-Industry-Economic Times https://ift.tt/2VlKF0a

RPO fines of up to Rs 1 per unit will lead to ‘exponentially huge’ demand: R K Singh

He added that discoms would come to the market desperately looking for capacity in order to avoid these heavy fines, which would eventually help in achieving the ambitious target of 450 GW capacity by 2030

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31nfW70

RPO fines of up to Rs 1 per unit will lead to ‘exponentially huge’ demand: R K Singh

He added that discoms would come to the market desperately looking for capacity in order to avoid these heavy fines, which would eventually help in achieving the ambitious target of 450 GW capacity by 2030

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3i5PODf

India to end federal control of gas prices, lift LNG transport use

India, which is a large emitter of greenhouse gases and has multiple gas pricing regimes, aims to raise the share of gas in its energy mix to 15 per cent by 2030, from 6.2 per cent

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

Coal India arm NCL plans to invest Rs 7K cr in 4 years on capacity building, social infra

Construction of coal-handling plants with rapid loading system at its Jayant, Dudhichua, Nigahi and Bina coal projects, development of railway sidings and mechanisation of wharf walls are part of coal evacuation infrastructure

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3i9r0dy

Fuel prices raised for 21st consecutive day: petrol price up by Rs 0.25, diesel by Rs 0.21

Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g4u5Kk

Proposed duty on Chinese solar imports worries firms in SEZs

According to the current proposal by the ministry of new and renewable energy, the value addition done by units in SEZs will be charged BCD. Units not in SEZs will not face such a charge

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/383OFaO

Sterling & Wilson promoters seek more time for dues

The promoters were to pay their instalment of Rs 500 crore by June 30, but have now asked for time till September 30. In a letter to the Sterling board, SP and Daruvala said that Covid-19 has caused “execution delays” to their fund-raising plan

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g1NgEr

Dismissing canards against power reforms, R K Singh says making sector viable only challenge left

"India is a power surplus nation. We are well connected (in terms of power transmission). Over one lakh MW electricity can be transmitted from one region to another region in the country. We have met all challenges in the sector but the only challenge left here is making it viable," Singh told PTI in an interview.

from Energy-Industry-Economic Times https://ift.tt/3fVZ5Mg

No going back on BPCL privatisation: Dharmendra Pradhan

"Whether the government is revisiting disinvestment of BPCL, my answer is very clear no. The government is very firm on one issue (that) government has no business to be in the business," he said.

from Energy-Industry-Economic Times https://ift.tt/2VlqZd4

India to double its share of zero-carbon power generation over next decade: BNEF

According to BNEF, the transition represents a $410-billion investment opportunity in new power generation capacity, whilst $223-billion of investment in transmission and distribution infrastructure will be needed to accompany this growth.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2A9F9Xe

DGH cuts time from discovery to production; eases rules

Timelines provided in contracts oil and gas companies sign with the government are the maximum time allowed for development and monetization of discoveries

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31hGnL0

IOC launches battery swapping facility for quick recharge of EVs

IOC is the country's top fuel retailer, controlling close to half of the market. But, it is now making a foray into EV charging

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

Baghjan gas well site inundated after persistent rainfall

Currently, there is only one connecting road (Plastic Park Road) which is narrow at some places, resulting in a big challenge to movement of men and material.

from Energy-Industry-Economic Times https://ift.tt/2YyQ31V

Continued decline in all-India power demand affecting thermal capacity utilisation: Ind-Ra

In May 2020, the all-India energy demand decreased 14.9 per cent year- on-year to 102.7 billion units, while energy supply fell 14.9 per cent, resulting in the energy deficit remaining at 0.5 per cent as against 0.4 per cent in May 2019, it said.

from Energy-Industry-Economic Times https://ift.tt/3i6AOF9

Coal India not to give away any block for commercial mining

The Maharatna company has sufficient number of coal blocks with abundant resource capacity to continue as a commercially viable entity even in the competition era, he said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3i3YPwC

Clarity on customs duty impact for already bid out projects required: ICRA

There have been significant delays in implementation of such ‘change in law’ pass-through for the affected IPPs in the past

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31i0rwU

Sterling and Wilson Solar Solutions bags USD 99 million solar project in US

The project, it said, is being developed by a leading sustainable energy company, and will be co-located in an area that has substantial wind development in operation

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31hP48c

Sterling and Wilson Solar Solutions bags USD 99 million solar project in US

Construction for the project will commence in September 2020 and the project will be commissioned by November, next year, the Shapoorji Pallonji group company said.

from Energy-Industry-Economic Times https://ift.tt/2BI2Bem

Petrol price crosses Rs 80-mark in Delhi for first time since 2018, diesel at new high

Oil companies hiked petrol price by 21 paise per litre and diesel by 17 paise a litre, according to a price notification of state oil marketing companies

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31kmJy6

Clarity on customs duty impact for already bid out projects required: ICRA

There have been significant delays in implementation of such ‘change in law’ pass-through for the affected IPPs in the past

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2VmWUK5

Proposed 25 per cent basic customs duty on solar modules in first year: R K Singh

India had imported solar cells and modules worth $1,179.89 million from China in the first nine months -- April to December period -- of the financial year 2019-20 (FY20), renewable energy minister R K Singh had told Parliament in March

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31ifXc1

Centre plans ‘Heavy’ penalty on OIL for environmental damage

A senior government official told ET that it is based on this and more comprehensive assessments that will follow that OIL will likely to be asked to pay considerably in damages

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

PFC sanctions loan of more than Rs 1 lakh crore in financial year 2019-20

Loan sanctions of more than Rs 1 lakh crore along with loan disbursements of about Rs 68,000 crore were made in the financial year 2019-20

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fXot4r

Petrol price crosses Rs 80-mark in Delhi for first time since 2018, diesel at new high

Oil companies hiked petrol price by 21 paise per litre and diesel by 17 paise a litre, according to a price notification of state oil marketing companies.

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

40 per cent duty, local testing to curb all power gear imports from China

Three-fourths of India’s solar power capacity is built using equipment imported from mainland China or Chinese-owned firms in Malaysia. China is the world’s largest solar gear maker and manufacturers offer cheaper rates due to overt and covert government subsidy

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

EU draft hydrogen plan splits supporters down colour-coded lines

The EU's executive Commission plans to publish its hydrogen strategy on July 8, which will form the basis for EU regulation and funding to scale up production of the fuel to replace fossil fuels in sectors including chemicals and transport

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

Basic customs duty on solar equipment may hit SEZ mfg facilities: Experts

Power and New & Renewable Energy Minister R K Singh on Thursday said his ministry has proposed to impose basic custom duty (BCD) from August 1, this year on solar equipment, including cells, modules and inverters, in the range of 15-20 per cent in the first year

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g06iLm

Lack of scale, backward integration a constraint for solar manufacturing in India: Icra

"While timely implementation of these schemes is critical, lack of scale and backward integration in solar module manufacturing process for a majority of module manufacturers are likely to pose constraints," Icra Group Head Sabyasachi Majumdar said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2B1RLjK

40 per cent duty, local testing to curb all power gear imports from China

Three-fourths of India’s solar power capacity is built using equipment imported from mainland China or Chinese-owned firms in Malaysia. China is the world’s largest solar gear maker and manufacturers offer cheaper rates due to overt and covert government subsidy

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

Five cities of UP to get green power booster

In the first phase, the green energy campaign would be launched in Varanasi, Gorakhpur, Prayagraj, Ayodhya and Mathura. The ambitious project will be fully implemented by 2024 and for this a special drive will be launched by energy minister Shrikant Sharma

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2B4iLiy

Import duty on solar modules to rise to 40 per cent in a year

The move will be a big blow for China, which supplies 85 per cent-90 per cent of equipment used in the rapidly expanding solar energy sector in the country. The minister said anything that is imported will be thoroughly checked for malware

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3i1b1OL

Indian Oil's Product Application & Development Centre to be inaugurated on Thursday

The technical centre, the sixth of its kind in the country and second such technical establishment in the east, is a recognised laboratory of the Department of Scientific and Industrial Research (DSIR) under the Ministry of Science and Technology

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37ZYma6

Import duty on solar modules to rise to 40% in a year

The move will be a big blow for China, which supplies 85%-90% of equipment used in the rapidly expanding solar energy sector in the country. The minister said anything that is imported will be thoroughly checked for malware.

from Energy-Industry-Economic Times https://ift.tt/3eyYOi6

End of virus lockdown has yet to fully revive India's oil demand

While that was an improvement from a low of 72 per cent in April, when stay-at-home orders decimated fuel demand and filled storage tanks to the brim, it was still well down on the 102 per cent recorded a year earlier

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fVDm7h

India to overachieve UNFCCC 2030 target, share of non-fossil fuels to increase to 64 per cent by 2030

The report on optimal generation capacity mix for 2029-30 added that the percentage of non-fossil fuel in installed capacity stood at 49 per cent and 36.5 per cent in March 2022 and March 2019, respectively

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

Diesel crosses Rs 80-mark in Delhi after 19th consecutive price hike

Petrol price in Delhi was hiked to Rs 79.92 per litre from Rs 79.76, while diesel rates were increased to Rs 80.02 a litre from Rs 79.88, according to a price notification of state oil marketing companies

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3iaG9eW

IEA calls for measures to boost EU's post-pandemic "green" recovery

Setting out its policy recommendations for the EU, the IEA said new policies would help ensure the European Commission's proposed 750 billion euro recovery fund boosts clean energy and avoids a sustained rebound in emissions after the pandemic

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

Tariff, non-tariff barriers coming to curb power equipment imports, especially from China

Government sources in the know said that the Power Ministry has proposed a set of changes in the regulations for import of power equipment that is likely to be accepted and implemented by the government after further deliberations by the Commerce and Finance Ministries

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

Trump administration wind and solar approvals lag Obama record: study

The numbers reflect the administration's soft-pedaling of renewable energy development while favoring expansion of oil and gas drilling, the study by the liberal think tank Center for American Progress said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31eih3T

Diesel crosses Rs 80-mark in Delhi after 19th consecutive price hike

The 19th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to fresh highs. In 19 straight days, diesel price has gone up by Rs 10.63 per litre.

from Energy-Industry-Economic Times https://ift.tt/3i44y5U

Solar developers welcome customs duty although concerned about impact on ongoing projects

They were reacting to minister RK Singh’s announcement of a series of measures for the renewable energy sector on Tuesday, including prior approval for essential imports and financial incentives for projects that use local equipment.

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

NTPC awarded project management contract for 500-MW solar park in Mali

According to the press release, the announcement was made in an event hosted by the International Solar Alliance here, and was chaired by renewable energy minister R K Singh

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3i41GpE

IOC reports massive loss of Rs 5,185 cr in Q4 on inventory losses

The company recorded an inventory loss of Rs 14,692 crore in the fourth quarter of 2019-20 as compared to an inventory gain of Rs 1,787 crore in the same period a year back, he said

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

Wells Fargo signs multi-year contracts with Shell for clean energy

Wells Fargo did not disclose the size of its investment but said it would be able to meet the energy needs of about 1,200 properties in California and the mid-Atlantic states

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dz9agJ

Fuel prices set to rise further due to high taxes, hints IOC chief

Singh’s comment came on the day diesel, at Rs 79.88 a litre, became costlier than petrol by 12 paise Delhi after the retailers raised its price for the 18th consecutive. Petrol price was left alone after increasing it for 17 days

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

GAIL Q4 net jumps 170 pc, expects gas volumes lost in lockdown to return soon

Jain said natural gas demand fell by up to 30 per cent in April as industries shut down and city gas operations comprising of mainly CNG sales saw a slump with vehicles going off road

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

Floor price removal will lead to inventory loss of Rs 400 cr for REC-based projects :Icra

The floor price, on the other hand, is determined based on the difference between the project viability requirement and average power purchase cost determined for different renewable energy technologies across states

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

Duty on Solar imports will help local industry

The government’s move to promote indigenous equipment and impose customs duty on imports from August will help local industry develop but it will take up to two years to have an impact while ongoing projects that depend on foreign equipment may face hurdles, said industry executives.

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

Wells Fargo signs multi-year contracts with Shell for clean energy

Wells Fargo did not disclose the size of its investment but said it would be able to meet the energy needs of about 1,200 properties in California and the mid-Atlantic states

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hYd3iE

Germany's Amprion sets out North Sea offshore wind grid vision

Amprion, with 11,000 kilometres of high voltage transmission lines in western Germany, is the second biggest of four regulated operators of grids criss-crossing the country and offshore, which fund themselves via consumer fees

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2NoM6Xk

Floor price removal will lead to inventory loss of Rs 400 cr for REC-based projects :Icra

The floor price, on the other hand, is determined based on the difference between the project viability requirement and average power purchase cost determined for different renewable energy technologies across states

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Z7XRqt

Research determines financial benefit from driving electric vehicles

Motorists can save as much as $14,500 on fuel costs over 15 years by driving an electric vehicle instead of a similar one fueled by gasoline, according to a new analysis.

from Fuel Cells News -- ScienceDaily https://ift.tt/31gflE2

NTPC awarded project management contract for 500-MW solar park in Mali

According to the press release, the announcement was made in an event hosted by the International Solar Alliance here, and was chaired by renewable energy minister R K Singh

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2YwDvs7

Despite green pledges, Amazon's carbon footprint grew 15 per cent

Amazon said that while its carbon footprint grew, the amount of carbon it emitted for every dollar spent on the site fell 5 per cent between 2018 and 2019

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dsUb85

Gas industry sees strong demand post-COVID, LNG shortfall by mid-decade

Gas producers, buyers, liquefied natural gas (LNG) developers and a major contractor said in the long run the fuel will be needed to back up wind and solar power, replace coal-fired power, and produce hydrogen globally

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

Oil prices transitioning to next phase of cycle

Front-month Brent futures have averaged nearly $42 per barrel over the last five trading sessions, compared with less than $23 over the same period in late April, based on daily closing prices from ICE Futures Europe

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

India needs to ensure multi-level participation from countries for its ambitious global solar grid plan

According to experts, in order to achieve the OSOWOG project, neighboring countries and regions need to be physically connected with wires, which involve certain expenditure

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

Diesel burns hole in pocket, surpasses petrol in Delhi

In the Capital, diesel is now priced at Rs 79.88 per litre while petrol prices remains at Tuesday level of Rs 79.76 a litre. This makes diesel the most expensive auto fuel in the basket for the first time in the Capital.

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

Sterling and Wilson Solar Q4 net down 56 pc at Rs 128.58 cr

The total income of the company in the March quarter stood at Rs 2,120.50 crore, down from Rs 2,368.17 crore in the year-ago period, a company statement said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2AUzfd2

India needs to ensure multi-level participation from countries for its ambitious global solar grid plan

According to experts, in order to achieve the OSOWOG project, neighboring countries and regions need to be physically connected with wires, which involve certain expenditure

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

India's oil imports in May sink to lowest in over 8 years

In May, India imported 3.18 million barrels per day (bpd) of oil, a decline of about 31% from April and about 26% from a year ago, the data showed.

from Energy-Industry-Economic Times https://ift.tt/2Z7leAw

UP CM Yogi Adityanath bans use of Chinese power meters

"In power plants, boilers, tubes and other equipment are brought from China as they are cheap. But the fact is that the quality of Chinese equipment is not good," he said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31bGvM0

Renewable energy industry demands robust steps to push domestic solar manufacturing

The industry is asking for innovative interventions such as tenders with a clear market access path along with a multi-pronged approach to help boost local manufacturing

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

CBI books Videocon group chairman for 'corruption' in financing oil and gas assets in Mozambique

The SBLC facility of USD 1103 million was refinanced which included an outstanding of USD 400 million to Standard Chartered Bank (SCB), London

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

Adani Power to acquire 49 per cent stake in Odisha Power for Rs 1,019 crore

Adani Power will acquire a total of 89,30,237 equity shares held in OPGC representing 49 per cent of the total issued, paid-up and subscribed equity share capital of OPGC for USD 135 million

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BvYOB4

SECI’s 2-GW ISTS tender oversubscribed by 2.35 GW; gets bids from 12 developers

Some of the bidders included ReNew Power, Tata Power, Azure Power, NTPC, NLC, SolarPack, and ENEL

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vaf8y4

Govt for major changes in import policy of power equipment

it seems the government will not keep itself limited to the policy action, as it is going a step further and asking the industry participants to shun import dependence

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2A2vIsC

Amazon to launch $2 bln venture capital fund to invest in clean energy: WSJ

The new fund will be called "The Climate Pledge Fund", the report said, adding that it will invest in companies across a number of industries such as transportation, energy generation, battery storage, manufacturing and food and agriculture

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hP8x5Y

India's oil imports in May sink to lowest in over 8 years

In May, India imported 3.18 million barrels per day (bpd) of oil, a decline of about 31 per cent from April and about 26 per cent from a year ago, the data showed

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

Cong to launch nationwide protest against fuel price hike

Earlier in the day in the CWC meet Congress President said, "The government has added insult to injury by mercilessly raising petrol and diesel prices for 17 consecutive days, at a time when world prices of crude have fallen"

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Z6kUCf

R-Power operating portfolio reaches 6,000 MW, plans capex of Rs 3,300 crore

Sasan, the country's largest integrated power plant, with 3,960 MW generation capacity and 20 million tonnes per annum production capacity coal mine, achieved the highest PLF of 96 per cent in FY20

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

COVID-19 lockdown led to 8 per cent rise in sunlight reaching PV panels in Delhi

The study said that in late March, the city’s PV installations received 8.3 per cent more sunlight than in previous years and would continue to generate record amounts of electricity as long as air pollution levels stay low

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hQ7W49

SECI's solar tender draws strong interest

The response to the auction was the result of tender activity slowing down for a while because of the Covid-19 outbreak

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vg8w1s

Renewable energy min proposes basic customs duty on solar equipment from Aug: Singh

In July 2018, India imposed SGD on solar cells imports from China and Malaysia for two years to protect domestic players from steep rise in the inbound shipments of the products

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2B3CsqA

India considers customs duty on solar equipment from August

India does not now levy a customs tax on imports of solar cells and modules, most of which come from China to meet Prime Minister Narendra Modi's target of installing 100 gigawatt of solar energy by 2022

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2zXy23Y

Govt mulls basic customs duty on solar equipment

The government had imposed 25 per cent SGD for the period July 30, 2018 to July 29, 2019, which gradually came down to 20 per cent for July 30, 2019 to January 29, 2020 and 15 per cent for January 30, 2020 to July 29, 2020

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2B6tJUt

NGT forms panel to probe non-compliance by Central Coalfields, issues notice

The committee formed by NGT comprises representatives from Regional office of Environment Ministry, Central Pollution Control Board, Jharkhand State Pollution Control Board and Sharad Lele, Member of the Expert Appraisal Committee

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

Oil India claims closure notice served to it by Pollution Control Board of Assam is withdrawn

“The Closure Notice served by Pollution Control Board of Assam (PCBA) has been withdrawn. PCBA has asked OIL to fulfill certain conditions within specific timeframes. OIL will take necessary steps to comply with the directives/conditions of PCBA,”OIL said in a statement.

from Energy-Industry-Economic Times https://ift.tt/3er6eUP

Oil refineries improve run rate; Reliance cuts crude processing for 3rd straight month

Refineries, which had in April cut down operating rate to as low as 30-40 per cent as lockdown took most vehicles off road, processed 16.34 million tonnes of crude oil in May, 11 per cent more than April but 24 per cent less than a year earlier.

from Energy-Industry-Economic Times https://ift.tt/2ByWYz4

India exploring global funds for compressed biogas projects: Oil Minister

India plans to invest $24 billion to produce 15 million tonnes of compressed biogas from 5,000 plants by 2023, and wants bio-manure, a byproduct, to contribute to the growth of organic farming

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

India exploring global funds for compressed biogas projects: oil minister

India plans to invest $24 billion to produce 15 million tonnes of compressed biogas from 5,000 plants by 2023, and wants bio-manure, a byproduct, to contribute to the growth of organic farming

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3esH2NF

Iberdrola secures option for majority stakes in Swedish offshore wind projects

IIberdrola said the projects, in the Baltic Sea, are at various stages of development and have a combined capacity of 9 gigawatts (GW)

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

Delhi's cleaner air during lockdown may have helped produce more solar power: Study

"That means that reductions in air pollution happened very suddenly, making them easier to detect," explained study first author Ian Marius Peters from Helmholtz-Institut Erlangen-Nurnberg for Renewable Energies in Germany

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

Zimbabwe's Centragrid to scale up solar output

Centragrid's Nyabira solar plant was built by China's Sinohydro and generates 2.5 MW but it plans to build nine more units of 2.5 MW each, with work due to start in the next three months

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V9AThE

Fitch revises outlook of IOC, NTPC and 4 other PSUs to negative

Fitch said it expects India's GDP to contract by 5 per cent in the fiscal year ending March 2021 (FY21) following strict lockdown measures imposed since March 25 to curb the spread of coronavirus

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

Diesel to surpass petrol prices for 1st time in India

Going by the trend of price movement in the two products for the last few days where diesel prices have consistently increased by 50-60 paise per litre while the daily increase in petrol prices have fallen to just 20 paise on Tuesday, it is set to surpass petrol prices in next few days

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31c2O4j

Petrol rate hiked 20 paise, diesel 55 paise, in 17th consecutive price hike

Petrol price in Delhi was hiked to Rs 79.76 per litre from Rs 79.56, while diesel rates were increased to Rs 79.40 a litre from Rs 78.55, according to a price notification of state oil marketing companies

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

Vizag gas leak: AP High Court hears writs filed by South Korean nationals

The matters came up for hearing on Monday and it was argued by the petitioners that they do not belong to LG India and that they are employees of the parent company in Korea

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/319t27I

Cleantech Solar gets $75 mln loan from ING to fund SE Asia expansion

Cleantech, which has Shell as one of its investors, will use the funding to help build over 500 megawatts of solar projects, according to the statement

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/316oM8N

Cleantech Solar gets $75 mln loan from ING to fund SE Asia expansion

Cleantech, which has Shell as one of its investors, will use the funding to help build over 500 megawatts of solar projects, according to the statement

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3eCA8Fm

Adani to offer Rs 3,265cr to take power co pvt

A self-made billionaire, Gautam Adani built the thermal power company into India’s largest. Today, it has a power generation capacity of 12,410MW across six Indian states

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/318FO6s

Wind turbine sounds do not harm health: study

Scientists used interviews, sound recordings and laboratory tests to explore possible health effects on people living within 20 kilometres (12 miles) of the generators

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

Petrol rate hiked 20 paise, diesel 55 paise, in 17th consecutive price hike

Petrol price in Delhi was hiked to Rs 79.76 per litre from Rs 79.56, while diesel rates were increased to Rs 79.40 a litre from Rs 78.55, according to a price notification of state oil marketing companies.

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

India's top court rejects power companies' bid to extend emissions deadline

India has a phased plan for plants to comply with emissions standards, which involve installing Flue Gas Desulphurization (FGD) units that cut emissions of sulphur dioxide - known to cause lung diseases

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37Sbo9L

Commercial mining won’t eat into CIL profit: Chairman

CIL chairman Pramod Agrawal said: “Commercial coal mining is not going to adversely impact the production or profitability of the company

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

Coal India's dues from power sector crosses Rs 18,000 crore

The company had continued supplies to defaulting state firms as a relief measure during the lockdown. It also gave other concessions to customers.

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

ANDRITZ bags over Euro 50 million equipment contract for J&K hydro power project

The 624 Megawatt project is located on the Chenab river in Kishtwar district.

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

Bhopal: Testing of Bina solar plant for railway begins

DRM Bhopal Uday Borwanker said that testing of world's first large scale solar power installed on Indian Railways' vacant land at Bina (under Bhopal railway division) in MP has started

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

Decline in green energy spending might offset COVID-era emissions benefits

Researchers have documented short-term environmental benefits during the COVID-19-related lockdown, but that silver lining could be far outweighed by a long-term decline on clean energy investments, a new study finds.

from Energy Policy News -- ScienceDaily https://ift.tt/2V70kAz

New battery electrolyte may boost the performance of electric vehicles

Researchers have designed a new electrolyte for lithium metal batteries that could increase the driving range of electric cars.

from Fuel Cells News -- ScienceDaily https://ift.tt/37SC1vb

New battery electrolyte may boost the performance of electric vehicles

Researchers have designed a new electrolyte for lithium metal batteries that could increase the driving range of electric cars.

from Batteries News -- ScienceDaily https://ift.tt/37SC1vb

Evidence supports 'hot start' scenario and early ocean formation on Pluto

The accretion of new material during Pluto's formation may have generated enough heat to create a liquid ocean that has persisted beneath an icy crust to the present day. This 'hot start' scenario contrasts with the traditional view of Pluto's origins as a ball of frozen ice and rock in which radioactive decay could have eventually generated enough heat to melt the ice and form a subsurface ocean.

from Solar System News -- ScienceDaily https://ift.tt/2NmKWeQ
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INFOGRAPHICS: Site-wise ramp rate during 21 June solar eclipse

Ramp up and ramp down rates on solar eclipse day

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

Coal India's dues from power sector crosses Rs 18,000 crore

The company had continued supplies to defaulting state firms as a relief measure during the lockdown. It also gave other concessions to customers.

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

INFOGRAPHICS: Impact solar eclipse on loss in generation of solar PV plants

Analysing the impact of two recent eclipses -- December 26, 2019 and June 21, 2020 -- on the performance of solar PV power assets

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

Govt's Rs 90k cr liquidity infusion for discoms a non-starter

Goods and Services Tax collections for April and May, for most states, have fallen over 80-85 per cent, putting the states to turn to high-cost borrowings to meet their expenditure

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dhL8qs

OIL claims closure notice served by Assam Pollution Control Board on the verge of getting lifted

OIL stated that PCBA served a Closure Notice directing OIL to close down all the production as well as Drilling operations of all installations of Baghjan Oilfield forthwith. Chairman PCBA spoke to CMD-OIL and the Closure Notice is in the process of being lifted.

from Energy-Industry-Economic Times https://ift.tt/37P2Z73

Glennmont Partners, PGGM fund form Italian renewables venture

The new company, called Green Energy Management Services, will develop, build and operate large portfolios of clean energy assets across Italy

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ejpMu2

Petrol rate hiked by 33 paise, diesel to cost 58 paise more in Delhi

The price of petrol is increased by Rs 0.33 paise a litre while that of diesel by Rs 0.58 a litre

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V2fHKo

The big oil turnaround: From negative prices to a bull market

In China, oil consumption is now back to pre-pandemic levels, according to official data. It’s still down in countries like Italy and Spain, which were badly affected by the coronavirus, but rapidly recovering in others, including India, Japan, France and German

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V230ze

Hindustan Zinc looks to sell wind energy assets

Two renewable energy players backed by multilateral financial institutions are vying for the business, according to these sources

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Yn4Xsg

L&T signs MoU with US-based KBR for building refineries

KBR and L&T Hydrocarbon Engineering (LTHE) will collaborate to develop business opportunities for refineries and petrochemical units, the Indian engineering major said Monday.

from Energy-Industry-Economic Times https://ift.tt/2V3HlXi

Oil companies rushing additional fuel supplies to Ladakh amid LAC stand-off

The oil companies have also deployed aviation bowsers in several locations, essentially for easy refuelling of helicopters being used extensively by the forces.

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

Japan's JERA to form floating wind farm JV with France's ADEME, Ideol

Their goal is to have the joint venture be involved in the development of several floating wind farms across the globe in the next 5 years

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2YUHE81

Petrol nears Rs 80 mark, diesel at new high after 16th price hike in a row

Petrol price in Delhi was hiked to Rs 79.56 per litre from Rs 79.23 while diesel rates were increased to Rs 78.55 a litre from Rs 78.27, according to a price notification of state oil marketing companies. Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or value added tax (VAT).

from Energy-Industry-Economic Times https://ift.tt/2V5wcVU

Govt seeks product-wise details from industry to curb cheap, low-quality imports from China: Sources

They said a high-level meeting to discuss ways to promote Atma Nirbhar Bharat (self-reliant India), including cut in import dependence from China, also took place recently in the Prime Minister's office

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/315wctc

Chandigarh private firms to tap solar energy on your rooftop

Debendra Dalai, director, Crest, said they will soon float a tender and rope in companies under the model, where they will install solar plants on private properties

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V5lGxX

Haryana axes two power sector contracts with Chinese companies

The contracts had been awarded by the Haryana Power Generation Corp Ltd (HPGCL) through global tendering for the installation of the equipment in the plants in Yamunanagar and Hisar towns

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fM4Qw5

Blockades lifted, operations resume at OIL's Baghjan wells

Drilling and associated operations in five more areas, outside Baghjan, are still disrupted due to the agitation, it said.

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

OIL to challenge Pollution Control Board closure notice in Gauhati High Court

The board stated, “It is seen that you have been not submitting the Annual Report regularly under Section 9 of the Hazardous & Other waste (Management & Trans boundary movement) rules, 2016, which is a serious violation and liable to be punished under the Law al force

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

Green certificate sales down 55 per cent to 3.33 lakh in May

New Delhi, Jun 21 () Sales of renewable energy certificates dropped over 55 per cent to 3.33 lakh units in May compared to 7.5 lakh in the same month a year ago, according to official data.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Bpq7wT

How a historic drought led to higher power costs and emissions

Researchers studied the impact of a historic drought in California on economic and environmental impacts for electric power systems.

from Solar Energy News -- ScienceDaily https://ift.tt/3ejPS08

How a historic drought led to higher power costs and emissions

Researchers studied the impact of a historic drought in California on economic and environmental impacts for electric power systems.

from Renewable Energy News -- ScienceDaily https://ift.tt/3ejPS08

Government-owned EESL seeks supply chain details amid concerns

Apart from UP, other pending projects of the agency include smart metering projects in West Bengal and Andaman and Nicobar Islands as well as street lighting projects in J&K and Telangana.

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

Green certificate sales down 55% to 3.33 lakh in May

New Delhi, Jun 21 () Sales of renewable energy certificates dropped over 55 per cent to 3.33 lakh units in May compared to 7.5 lakh in the same month a year ago, according to official data.

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

ONGC looking at optimising capex after COVID-19 impacts project execution

While about 9 per cent of the company's natural gas output was impacted by inability of customers to take supplies due to the coronavirus lockdown, lower oil and gas prices had impacted its revenues, the company said.

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

Diesel price hits record high after rates hiked for 15th day in a row; petrol up 35 paise

Taxes make up for nearly two-thirds of the retail selling price. As much as Rs 50.69 per litre, or 64 per cent, in petrol price is due to taxes -- Rs 32.98 is the central excise duty and Rs 17.71 is local sales tax or VAT. Over 63 per cent of the retail selling price of diesel is taxes. Out of the total tax incidence of Rs 49.43 per litre, Rs 31.83 is by way of central excise and Rs 17.60 is VAT.

from Energy-Industry-Economic Times https://ift.tt/3drI23n

Close down all production in Baghjan Oil Field: Pollution Control Board to Oil India Limited

The gas producing oil well blow out on May 27 and on June 9 it exploded into a massive inferno.

from Energy-Industry-Economic Times https://ift.tt/37KcR1M

OPINION: Renewable Energy - Lowering tariffs, mounting challenges

The Centre and the states should co-own the vision of achieving 175 GW of renewable power by 2022 and not see it as an imposition on states.

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

Power demand slump narrows marginally to 9.76 pc in third week of June

In the third week of June, the power demand has improved due to intensifying heat wave, and it hovered around 162 GW from June 15 onwards, and further shot up to 164.64 GW on Friday (June 19), as per the power ministry data. The peak power demand met stood at 163.30 gigawatts (GW) on June 11 and remained slightly lower at 158.02GW on June 12, 157.79 GW on 13th and 156.88 GW on 14th.

from Energy-Industry-Economic Times https://ift.tt/30ZLwY5

Power markets prefer renewable energy amid falling demand: Moody's

"Coal generation has continued to decline, while renewables have shown more resilience across major markets in the US, Europe, China and India," stated the report.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2NcxB8P

Diesel price hits record high after rates hiked for 14th day in a row; petrol up 51 paise

Petrol price in Delhi was hiked to Rs 78.88 per litre from Rs 78.37, while diesel rates were increased to Rs 77.67 a litre from Rs 77.06, according to a price notification of state oil marketing companies.

from Energy-Industry-Economic Times https://ift.tt/37Rrhx9

PM Modi's mega international grid plan a key pillar of poverty alleviation, energy access agenda: Amitabh Kant

"This is a path-breaking project and has a big vision. Solar energy is the future, grid management will be critical. This is the future of energy in the coming era," Kant said speaking at the ETEnergyworld Virtual Roundtable on Solar Energy Storage & Inter-Continental Grids

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

RIL becomes the first Indian firm to cross $150B market cap

In 2017, Ambani had said the energy-to-telecom conglomerate was on the verge of a golden decade where it would reap the returns of the largest capacity expansion in its petrochemicals business and the investments in Jio

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2YfAcW4

PM Modi's mega international grid plan a key pillar of poverty alleviation, energy access agenda: Amitabh Kant

"This is a path-breaking project and has a big vision. Solar energy is the future, grid management will be critical. This is the future of energy in the coming era," Kant said speaking at the ETEnergyworld Virtual Roundtable on Solar Energy Storage & Inter-Continental Grids

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2zL2MoG

Govt should introduce credit guarantee scheme for rooftop solar in MSME: Amit Jain, World Bank

“We also need to target the MSME sector and not just rely on the commercial and industry consumer space,” Jain said during a virtual roundtable discussion on ‘Solar Energy Storage and InterContinental Grids’ with ETEnergyworld

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

COVID-19 impact: Renewable energy installation continues to remain slow

Although construction activity was allowed to resume in April, the lack of labour, difficulty in movement of goods and delays in site inspections and approvals held up progress.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2zOai2j

Power markets prefer renewable energy amid falling demand: Moody's

"Coal generation has continued to decline, while renewables have shown more resilience across major markets in the US, Europe, China and India," stated the report.

from Energy-Industry-Economic Times https://ift.tt/2V2jwPH

Amendments in power policies by states pose regulatory risks to renewable energy developers: ICRA

Various states have taken such decisions to help their distribution companies, which often suffer from cashflow issues. Recently, the Maharashtra Electricity Regulatory Commission (MERC) decided to levy additional surcharge on group captive projects, which were exempted earlier.

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

FIR against 50 trade union leaders in Dhanbad for staging demonstrations against coal block auction

The trade union leaders on Thursday had also intimated their decision of going on a three-day nationwide strike beginning July 2 to the BCCL management

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/313t3d9

Global oil demand may have peaked in 2019: Moody’s

Renewable energy and car sales have expanded in some of the biggest economies even during the pandemic, while transportation demand for fossil fuels will remain muted, which puts a question on the outlook for oil demand and the viability of new projects

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

Jharkand moves SC to stop coal block auction

In a writ petition filed through advocate Tapesh Kumar Singh, the state government said the auction decision was illegal as there was no law to guide mining activities because of the legal vacuum created by lapse of the Mineral Laws (Amendment) Act, 2020, on May 14

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2zQN9ME

India's electricity output falls steeply in first half of June

Power generation fell 14.5 per cent in the first 15 days of June, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3 per cent fall in May

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fJVj90

Coal blocks auction disastrous from ecological viewpoint: Ramesh

In the letter to Javadekar, Ramesh, who himself was Environment Minister in the UPA government said, "I am writing to express my deep sense of shock at the manner in which coal blocks in areas of very rich biodiversity were put up for auction"

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30Z8oab

Norway to slow down onshore wind power developments

The government's proposals, which need to be approved by parliament, include setting stricter requirements on turbine height, shortening project implementation time and measures to ensure that projects are economically viable

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

Enel to launch hydrogen business as part of green drive

The group is targeting markets in the United States, Chile and Spain, the head of Global Power Generation Antonio Cammisecra told Reuters. In the United States a focus will be on Texas, where the group has wind and solar assets

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

Analysis: Pandemic sparks push to keep green energy-access firms switched on

US-based firm Renewvia Energy is running two solar mini-grids in the area, providing power to 600 households of refugees mainly from South Sudan and the local host community, as well as businesses, churches, school and health facilities

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

Government-owned EESL seeks supply chain details amid concerns

Apart from UP, other pending projects of the agency include smart metering projects in West Bengal and Andaman and Nicobar Islands as well as street lighting projects in J&K and Telangana.

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

Simulating wind farm development

Engineers have devised a model to describe how, in the process of establishing wind farms, interactions between developers and landowners affect energy production costs.

from Wind Energy News -- ScienceDaily https://ift.tt/2YjasIu

New system uses wind turbines to defend the US national grid from power cuts

A 'smart' system that controls the storage and release of energy from wind turbines will reduce the risk of power cuts and support the increase of wind energy use world-wide, say researchers.

from Wind Energy News -- ScienceDaily https://ift.tt/3hU4Lse

One Unit (150 MW) of 600 MW Kameng Hydro-Electric Project in Arunachal Pradesh commissioned

After the successful commissioning of all the four units of Kameng HEP (4x150 MW), Arunachal Pradesh will receive a share of 83 MW power. Deputy Chief Minister, Chowna Mein who is also the Minister incharge of Power & Renewable Energy Resources that the second unit is expected to be commissioned in a week time.

from Energy-Industry-Economic Times https://ift.tt/2ARh87E

Are planets with oceans common in the galaxy? It's likely, scientists find

Several years ago, planetary scientists began to wonder whether any of the more than 4,000 known exoplanets, or planets beyond our solar system, might resemble some of the watery moons around Jupiter and Saturn.

from Solar System News -- ScienceDaily https://ift.tt/30XXbH1
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India need to focus on export of renewable energy: Pranav Mehta, Chairman, NSEFI

We have already formed as NSEFI members a Renewable Energy Export Promotion Council of India on the line of Gems and Jewellery Export Promotion Council (GJEPC) to encourage export of renewable energy from India, Mehta said

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

Delhi's peak power demand crosses 6,000 MW-mark for first time this summer

The peak demand crossed the 6,000 MW-mark the previous night for the first time this season and reached 6,193 MW at 10:43 PM, discom officials said. It was 6,214 MW at 3.27 PM on Friday, they said.

from Energy-Industry-Economic Times https://ift.tt/2V1Nkfg

Baghjan oil well inferno: Indian Army visits ground zero

The gas producing oil well blew on May 27 and on June 9 turned into a massive inferno. Kalita had a detailed discussion with Dr P Chandrasekaran, Director (E&D), OIL and other senior officials of OIL & ONGCL.

from Energy-Industry-Economic Times https://ift.tt/3dfT3ob

India's electricity output falls steeply in first half of June

Power generation fell 14.5% in the first 15 days of June, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% fall in May.

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

12 hikes in June push petrol rate to 20-month high

Petrol has crossed Rs 85 a litre and diesel Rs 75. A member of the Petrol Dealers’ Association confirmed the rate is the highest in the past 20 months. Petrol price in the city had last hit Rs 85 in October 2018

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Yd0lVu

Rising diesel prices set new record

Diesel has climbed to Rs 77.06 a litre in Delhi and Rs 75.53 in Mumbai. Petrol prices have risen to Rs 78.37 a litre in Delhi and Rs 85.21 in Mumbai. On Friday, diesel and petrol prices rose by 63 paise and 56 paise a litre, respectively.

from Energy-Industry-Economic Times https://ift.tt/2Nba34n

India's coal stock in thermal power plants increases to highest level of 50 MT: Pralhad Joshi

"India's energy demand has been rising by nearly 5 per cent per annum. Coal has 50 per cent of share in the total energy mix and we have to make sure that coal is made available when demanded," Joshi said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hFyW6d

Tangedco to buy 500MW solar power for 25 years to meet clean energy quota

According to the ministry of new and renewable power (MNRE), about 9,000MW of solar power is required for 2021-22 to meet Tamil Nadu’s solar purchase obligation

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fK0HZL

Tata Power to develop 100 MW solar project in Maharashtra

The energy will be supplied to MSEDCL under a power purchase agreement, valid for a period of 25 years from scheduled commercial operation date

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fQ96uL

Tata Power to develop 100 MW solar project in Maharashtra

"Tata Power Renewable Energy Limited (TPREL) has received a letter of award from Maharashtra State Electricity Distribution Co Ltd. (MSEDCL) to develop a 100 MW solar project in Maharashtra," the company said in a filing to BSE.

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

Amitabh Kant to inaugurate ETEnergyworld Roundtable on Solar Energy Storage & InterContinetal Grids

"I am delighted to participate in ETEnergyworld conference on Solar Energy Storage and InterContinental Grids. I am happy that the subject is about meeting balancing needs through a global grid," Kant said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/318yqYP

The electric car battery boom has screeched to a halt, for now

Demand for rechargeable batteries will decline for the first time this year, as sales of electric cars—the biggest user—slump with novel coronavirus pummeling the auto industry, according to BloombergNEF forecasts

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fPI5rl

M&M eyes PE funding for EV business

Mahindra & Mahindra’s managing director, Pawan Goenka, said while the company would not sell a stake in Mahindra Electric or monetise its assets, the company is open to funding coming in via private equity or similar investors

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fB3zIa

Auction of 41 coal mines will make India self-reliant in energy sector, create more than 2.8 lakh jobs: Amit Shah

"This decision of the Modi government will create more than 2.8 lakh jobs, attract capital investment worth 33,000 crore and generate annual revenue of 20,000 crore for the state governments," Shah added

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

LafargeHolcim co-develops record-tall wind turbine towers to generate more energy at lower cost

Traditionally built in steel or precast concrete, wind turbine towers have typically been limited to a height of under 100 meters, as the width of the base cannot exceed the 4.5-meter diameter that can be transported by road, without excessive additional costs

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3deqsQ0

LafargeHolcim co-develops record-tall wind turbine towers to generate more energy at lower cost

Traditionally built in steel or precast concrete, wind turbine towers have typically been limited to a height of under 100 meters, as the width of the base cannot exceed the 4.5-meter diameter that can be transported by road, without excessive additional costs

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fAbYM3

SC rejects appeal on renewable energy certificates price revision

A bench headed by Justice Arun Mishra heard the matter on June 16 through an online hearing and dismissed the petition to stop the price revision by the Central Electricity Regulatory Commission, which proposed to slash the minimum price of RECs from Rs 1,000 to zero

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

Icra report highlights regulatory risks to renewable energy developers

"Renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk," Icra's Sector Head and Vice President Girishkumar Kadam said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fB7lBl

SC rejects appeal on renewable energy certificates price revision

A bench headed by Justice Arun Mishra heard the matter on June 16 through an online hearing and dismissed the petition to stop the price revision by the Central Electricity Regulatory Commission (CERC), which proposed to slash the minimum price of RECs from Rs 1,000 to zero.

from Energy-Industry-Economic Times https://ift.tt/2UW2HWC

Amitabh Kant to inaugurate ETEnergyworld Roundtable on Solar Energy Storage & InterContinetal Grids

"I am delighted to participate in ETEnergyworld conference on Solar Energy Storage and InterContinental Grids. I am happy that the subject is about meeting balancing needs through a global grid," Kant said

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

Engineers develop new fuel cells with twice the operating voltage as hydrogen

Engineers have developed high-power, direct borohydride fuel cells that operate at double the voltage of conventional hydrogen fuel cells.

from Batteries News -- ScienceDaily https://ift.tt/3efncFk

Diesel prices hit a record-high

On Thursday, diesel rose to Rs 76.43 a litre in Delhi while petrol sold for Rs 77.81 a litre, the highest since November 10, 2018. In Mumbai, diesel and petrol sold for Rs74.93 and Rs 84.66 per litre, respectively.

from Energy-Industry-Economic Times https://ift.tt/2YLjg8R

MNRE sets up Project Development Cell to attract investments

It is aimed at creating projects with all approvals, land available for allocation and with the complete detailed project reports for adoption and investment by investors

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

MNRE sets up Project Development Cell to attract investments

It is aimed at creating projects with all approvals, land available for allocation and with the complete detailed project reports for adoption and investment by investors

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hJ6IaW

Assam oil well blow out: District administration starts survey for assessment of damage for compensation

Oil India Limited (OIL) stated that environment Impact Assessment study is in progress by M/s ERM India Pvt. Limited, a NABET accredited consultant to carry out the Environment & Ecological survey within the vicinity of Baghjan including Dibru-Saikhowa National Park & Maguri–Motapung Beel.

from Energy-Industry-Economic Times https://ift.tt/3hI4zfl