Monday, August 31, 2020

India's target to gasify 100 MT coal to entail investment of over Rs 4 lakh cr: Joshi

This 100 MT coal gasification will happen in three phases. In the first phase -- from 2020-2024 -- 4 million tonnes (MT) of coal will be gasified and around Rs 20,000 crore will be invested for the same

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CMERI installed the world's largest solar tree at Durgapur

The Solar Tree has been designed in a manner to ensure maximum exposure of each Solar PV Panel to Sunlight and also creation of the least amount of shadow area beneath.

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NTPC to seek shareholders' nod to raise up to Rs 15,000 crore via bonds

The funds would be raised for capital expenditure, working capital and general corporate purposes, in the domestic market

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Railways completes solar power installations at 960 stations

A Railway Ministry spokesperson said the national transporter had solarised more than 960 stations till now, adding orders have been placed for an additional 198 MW solar rooftop capacity for 550 stations which were under execution

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CMERI installed the world's largest solar tree at Durgapur

The Solar Tree has been designed in a manner to ensure maximum exposure of each Solar PV Panel to Sunlight and also creation of the least amount of shadow area beneath.

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Raj discoms liable to pay compensatory tariff to Adani Power: SC

In March 2008, the Rajasthan government and Adani Enterprises Ltd (AEL) entered into an MoU to set up a coal-based thermal power generation project of 1,200 MW near Kawai in the state's Baran district

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Railways completes solar power installations at 960 stations

A Railway Ministry spokesperson said the national transporter had solarised more than 960 stations till now, adding orders have been placed for an additional 198 MW solar rooftop capacity for 550 stations which were under execution

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L&T completes divestment of electrical, automation business to Schneider Electric

With this, about 5,000 employees of Larsen and Toubro's electrical and automation business will be integrated with Schneider Electric's over 2,000 employees.

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Odisha's Gopalpur port plans LNG terminal, petrochemical industries

Recently, GPL Managing Director Amit Saboo briefed Chief Secretary Asit Tripathy about the ongoing activities of the port and future investment on industrialisation in the periphery of Gopalpur Port

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Molecule to store solar energy developed

Researchers have developed a molecule that absorbs energy from sunlight and stores it in chemical bonds. A possible long-term use of the molecule is to capture solar energy efficiently and store it for later consumption.

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Molecule to store solar energy developed

Researchers have developed a molecule that absorbs energy from sunlight and stores it in chemical bonds. A possible long-term use of the molecule is to capture solar energy efficiently and store it for later consumption.

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IndiGrid acquires one transmission asset, eye three more assets in FY21: CEO

The asset acquired by India Grid Trust (IndiGrid), Gurgaon Palwal Transmission (GPTL) project, is a part of the framework agreement between the InvIT and its sponsor Sterlite Power. The company will acquire two more projects going ahead from the sponsor.

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States to get 2 years for DBT, a/cs with discoms to be used: Power Minister

Singh said state governments were apprehensive about launching the DBT scheme as most states don't give subsidy upfront or pay the full subsidy and release balance amounts later. This is not permissible under law that provided upfront payment of subsidy

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Eight core industries' including coal, crude oil & natural gas output contracts 9.6 per cent in July

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

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Coal India aims to be commercially viable: Chairman

The Chairman's statement in the company's Annual Report said that the public sector unit's vision is to ensure that there is no shortage of coal in the country and to make the country self-reliant in coal

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Petrol price crosses Rs 82 per litre in Delhi

Price of the fuel in Mumbai, Chennai and Kolkata was at Rs 88.68, Rs 85, Rs 83.52 per litre, respectively, against the previous levels of Rs 88.58, Rs 84.91 and Rs 83.43 per litre

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Coal India Limited to create additional board level post to push business development

All the said tasks are strategic in nature and it can be managed only by a separate board level post to lead the organisation, as all other board level posts basically meet the existing functional needs of the organisation

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Sunday, August 30, 2020

Saudi Arabia announces discovery of new oil, gas fields

The two fields, Hadat Al-Hajrah gas field in the Al-Jawf region and Abraq Al-Talul oil field in the northern border region, were discovered by the Saudi Arabian Oil Company (Saudi Aramco), Xinhua news agency reported

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Worksport to launch foldable solar panel cover for pickup trucks

TerraVis will provide users with a customized user experience, allowing the ability to do more with the truck while providing a meaningful energy source with no carbon footprint, the Toronto-based company said

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IOC's LPG carriers' strike on for 4th day; 6 lakh customers hit in NE states

The company claimed that the NEPLTA is adamant on its demand and the first round of talks has failed, while the agitators alleged that the PSU has not taken any initiative to address their issues

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GAIL India looks at petrochemicals, renewables for growth

GAIL transports over 70 per cent of all gas shipped in the country through its network of 12,426-km network of natural gas trunk pipelines

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Energy exchanges seek reopening of green certificate trading as APTEL looks into floor price issue

In the order issued on August 26 after hearing the three appeals again, APTEL said, "Interim order, if any, shall continue till the next date of hearing... List the matter for hearing on September 4 and 5."

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GAIL India looks at petrochemicals, renewables for growth

State-owned GAIL India Ltd is eyeing expansion in petrochemicals, specialty chemicals and renewables to supplement growth in its core business of natural gas marketing and transportation.

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Saturday, August 29, 2020

Power Min proposes RPO for round the clock renewable energy

Speaking at the 6th Foundation Day of Association of Renewable Energy Agencies of States (AREAS) on Thursday, Singh said, "Renewable energy is economically viable today. The only rider is storage. Prices of storage will come down over time"

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Suzlon's first quarter net loss swells to Rs 399 crore on low volumes

Revenue from operations in Q1 FY21 declined to Rs 513 crore from Rs 833 crore in Q1 FY20 due to low volumes

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Experts welcome UN Secy Gen's advice to India to phase out fossil fuels

Greenpeace India's climate campaigner Avinash Chanchal said, "It's a known fact that burning coal is one of the major reasons for air pollution and the increasing climate crisis.

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DERC's power tariff for 2020-21 will add to financial challenges of discoms: TPDDL

The new power tariff announced by the DERC for 2020-21, without any hike in the existing rates, will "substantially increase" the financial "challenges" and affect the "ability" to ensure round-the-clock electricity supply by the discoms in Delhi, a spokesperson of the TPDDL said.

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Friday, August 28, 2020

Power Min proposes RPO for round the clock renewable energy

Speaking at the 6th Foundation Day of Association of Renewable Energy Agencies of States (AREAS) on Thursday, Singh said, "Renewable energy is economically viable today. The only rider is storage. Prices of storage will come down over time"

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No power tariff hike in Delhi for 2020-21: Delhi Electricity Regulatory Commission

The power regulator also waived 20 per cent surcharge under time of day (ToD) tariff for September to facilitate non-domestic, industrial, public utilities and domestic consumers due to the prevailing COVID-19 situation, the DERC said in a statement

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Solar manufacturers to grow, but shouldn’t depend only on government moves, says report

In an effort to promote domestic manufacturing, the government recently extended the safeguard duty on solar equipment by a year. It is also looking to impose basic customs duty (BCD) although it is unclear as to when it will be imposed

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Govt should postpone basic customs duty imposition by 18 months: Industry association

It said that the safeguard duty has already resulted in an increase in capital costs, which would result in higher power purchase costs for discoms and thus incrased tariffs

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SPDA demands deferment of BCD on solar equipment

SPDA, a national association representing India's upcoming solar power generators and developers, said in a statement that the government must reconsider its decision of imposing BCD on solar cells and modules

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India’s solar tariffs to decline by up to 10 per cent over next decade: Report

It added that this in turn would result in stronger competitiveness against incumbent fossil fuel alternatives in the country

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Murugappa Group set to win Swiss challenge for CG Power after no fresh bids, say sources

Chennai-based Murugappa Group firm Tube Investments of India Ltd (TIIL) had earlier this month offered to invest Rs 700 crore in CG Power and Industrial Solutions Ltd for a 56.6 per cent stake.

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India’s solar tariffs to decline by up to 10 per cent over next decade: Report

It added that this in turn would result in stronger competitiveness against incumbent fossil fuel alternatives in the country

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Indian solar power cheap, but much higher than the Middle East, shows report

The Gulf region has achieved tariffs in the range of $1.35-1.80 cents/kWh, or less than a rupee per unit. In comparison, India's lowest bid was discovered in July earlier this year at Rs. 2.36 a unit

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Coal India's fuel supply to power sector drops about 20% in April-July

Coal India Ltd (CIL) had despatched 156.86 MT of fuel in April-July last year, according to the latest data of the coal ministry.

from Energy-Industry-Economic Times https://ift.tt/2EzYC5p
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Ujjwal Kanti Bhattacharya takes charge as Director of Projects, NTPC

Bhattacharya started his career in Green Field Project Construction, followed by working in the areas of Power Plant Operation & Maintenance, Renovation & Modernization, Environment Management and Technical Services at NTPC Farakka (1600 MW) in West Bengal.

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Petrol price goes up again, diesel on hold

In the international market, crude price has also remained firm with benchmark Brent crude hovering close to $ 46 a barrel

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India can be business hub to achieve Sustainable Development Goal of ensuring clean energy: UN chief

UN chief Antonio Guterres said in an online lecture organised by TERI that like all countries, India is at a “crossroad” and yet despite the significant challenges the country faces in bringing shared prosperity to its population.

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Indian solar power cheap, but much higher than the Middle East, shows report

Tariffs in the Gulf, which has strong solar radiation and lower costs, are less than a rupee per unit, much lower than India. The Gulf region has achieved tariffs in the range of $1.35-1.80 cents/kWh, or less than a rupee per unit. In comparison, India's lowest bid was discovered in July earlier this year at Rs. 2.36 a unit.

from Energy-Industry-Economic Times https://ift.tt/2EJyB3i
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U.N. chief urges India to quickly move to clean solar power

Secretary-General Antonio Guterres said India is at a crossroads and should speed up its shift from fossil fuels to renewable energy by committing to no new coal projects after 2020

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Solar, wind energy projects of 21,142 MW capacity under construction in India

The government had tendered projects with 31,500 Mw capacity of which 23,246 Mw capacity projects were awarded to developers

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Solar, wind energy projects of 21,142 MW capacity under construction in India

The government had tendered projects with 31,500 Mw capacity of which 23,246 Mw capacity projects were awarded to developers

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Thursday, August 27, 2020

Centre urged to hold back funds to AP discoms until dues cleared

In May, the government had announced a Rs 90,000-crore stimulus package to bail out distressed state power distribution companies to clear their outstanding dues

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Centre urged to hold back funds to Andhra Pradesh discoms until dues cleared

The Confederation of Indian Industry (CII) has urged the central government to not release more funds to Andhra Pradesh from the Rs 90,000 crore discom liquidity package until its existing dues are cleared.

from Energy-Industry-Economic Times https://ift.tt/3jk5JOe
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Bengal industry chamber to participate in COP26

The 13th edition of Environment and Energy Conclave on “Inclusive Growth with Resource Efficiency “ on Wednesday and Thursday was presented as precursor to COP26

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Bill Gates' nuclear venture plans reactor to complement solar, wind power boom

The effort is part of the billionaire philanthropist's push to help fight climate change, and is targeted at helping utilities slash their emissions of planet-warming gases without undermining grid reliability

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GMR unveils group rejig plan; to demerge non-airport business

The restructuring is a step in the right direction towards creating pure plays in different businesses of the group thereby attracting sector-specific global investors

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LPG transporters of IOC in NE go on indefinite strike

Because of the strike loading and supplying of finished cylinders from the company's 10 bottling plants have been affected and is likely to impact the stock at retail selling points of the distributors in coming days, sources said

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Karnataka: Petroleum dealers raise red flags over sale of 'bio-diesel', seek curbs

The petroleum dealers have questioned the quality of fuel that is purported to be bio-diesel and also raised red flags on the move at a time when the union government from April 1 has moved firmly towards sale of environmentally clean BS-VI fuel

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Net zero carbon emitter by 2030: Railways begins talks with key stakeholders in solar power sector

The companies that participated in these discussions held on Wednesday include Adani, ACME, NTPC, Renew Power, Hero Future Energies, Greenko Group, Azure Power and Tata Power, the railway ministry said in a statement on Thursday

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Bill Gates' nuclear venture plans reactor to complement solar, wind power boom

The effort is part of the billionaire philanthropist's push to help fight climate change, and is targeted at helping utilities slash their emissions of planet-warming gases without undermining grid reliability

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CIL to pay Rs 15 lakh ex-gratia to next of kin of staff who die due to coronavirus

For disbursement of the above benefit, submission of death certificate from state government authorities would be required, the CIL order said

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IOC says to expand Barauni refinery as part of Rs 2.05 lakh crore projects under implementation

A total amount of Rs 818.35 crore was paid till August 15 to workers engaged in various ongoing projects, generating about 54.6 lakh man-days of work

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Gujarat HC freezes assets of Hindustan Oil Exploration Company

The case pertains to an international arbitration where the arbitration panel has asked HOEC and government-owned oil and gas explorer and producer ONGC to pay the dues to Hardy Oil - the operator of offshore oil field PY-3 in Tamil Nadu

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IOC says to expand Barauni refinery as part of Rs 2.05 lakh crore projects under implementation

"Reiterating its focus on 'Aatmanirbhar Bharat' (self-reliant India), IOC has ramped up activities across all its project sites while strictly following the COVID-19 health advisories. These mega projects will ensure the nation's energy security as the Indian economy prepares to bounce back," the statement said.

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Indian state refiners halt oil imports from Chinese cos: Sources

Last week, Indian state refiners decided to stop sending crude import tenders to Chinese trading firm like CNOOC Ltd , Unipec and PetroChina, among others, one of the sources said.

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Indian state refiners halt oil imports from Chinese companies

The new regulation, put in place on July 23, comes after a border clash between India and China that killed 20 Indian soldiers and soured relations between the two neighbours

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Jammu & Kashmir Power Development Corporation okays work plan of Rs 1,276.69 crore

"The Board of Directors (BoD) of JKSPDC consented for an ambitious working plan for the year 2020-21 with an outlay of Rs 1276.69 crores for creation, renovation and maintenance of assets of the Corporation," an official spokesman said

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Innovations in renewable energy will give boost to Atmanirbhar Bharat, says Piyush Goyal

Emphasising that the triangle of innovators & startups, industry and government is imperative to bring such solutions to scale, Goyal stated that such efforts can help to strengthen our ‘transmission network.

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Siemens Gamesa pledges profitability resurgence by 2023

Siemens Gamesa forecast a return to an operating margin of 3-5 per cent in 2021 and 8-10 per cent in 2023, after that metric fell to a negative 6.7 per cent in the third quarter of this year

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India's natural gas production dropped 10 per cent in July

The country produced 2,443 million standard cubic meter per day (mmscm) of gas last month, as compared to 2,718 mmscm produced in july 2019

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Wednesday, August 26, 2020

Petrol prices rose by Rs 1.3/litre in past 10 days; diesel by Rs 10.5/litre in 3 months

On Wednesday, petrol cost Rs 81.73 a litre in Delhi and Rs 88.39 in Mumbai. Diesel prices have remained unaltered in August after rising to a record in July. Diesel cost Rs 73.56 a litre in Delhi and Rs 80.11 in Mumbai on Wednesday.

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Old battery led to Srisailam plant blaze?

Engineers, who have worked in hydel power generation stations, said there could be two major lapses on the part of Genco. One, delay in replacing batteries and second, timing of the replacement without shutting down the plan

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Plan to use surplus land of railways to generate 20 GW of renewable energy: Piyush Goyal

"We plan to use a lot of our surplus land and land along the tracks to generate 20 GW...'Made in India' solar or wind equipment being used to give us 20 GW production capacity of renewable energy and enough KW hours to power our entire railway," Goyal said.

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State Bank of India plans coal-loan policy before key auctions

Long-term offtake contracts assuring demand will be central to any lending decision, the person said, asking not to be identified before terms are finalized

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Minority shareholders block JSW Energy's related party transaction proposal

The company wanted to procure coal from JSW International Trade Corp, a Singapore-based trading company that routes coal imports for JSW Group companies from Indonesia, South Africa, Australia and Mozambique

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Portugal's solar energy auction breaks record for low power prices, again

One of the winning bids was for output costing as little as 11.14 euros per megawatt hour (Mwh). That compares with a then-record minimum price per Mwh of 14.6 euros in Portugal's first mega auction of 1,150 MW of solar energy capacity in June last year

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Rosatom to make REMIX fuel for VVER-1000 reactors

Rosatom said the REMIX (regenerated mixture) fuel is a Russian innovative product for thermal light-water reactors which make up the backbone of the modern nuclear power industry

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BPCL resumes work on projects worth Rs 50,300 crore

​The company has set a capex (capital expenditure) target of Rs 9,597 crore in 2020-21 and has spent Rs 1,650 crore till August 15, Rs 380 crore payout as labour cost

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Domestic crude oil production decline 5% in July on output contraction

The total crude output in July was 2,634 thousand metric tonnes (TMT) with the biggest contribution of 1,739 TMT by Oil and Natural Gas Corp

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Plan to use surplus land of railways to generate 20 GW of renewable energy: Piyush Goyal

"We plan to use a lot of our surplus land and land along the tracks to generate 20 GW...'Made in India' solar or wind equipment being used to give us 20 GW production capacity of renewable energy and enough KW hours to power our entire railway," Goyal said.

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Portugal's solar energy auction breaks record for low power prices, again

One of the winning bids was for output costing as little as 11.14 euros per megawatt hour (Mwh). That compares with a then-record minimum price per Mwh of 14.6 euros in Portugal's first mega auction of 1,150 MW of solar energy capacity in June last year

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Williams announces goal of 56 per cent reduction in carbon emissions by 2030

The company, based in Tulsa, Oklahoma, plans to reduce methane emissions through leak detection and repair, evaluating equipment upgrades on a site-specific basis and by scaling renewables to reach its 2030 target

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Thin layer protects battery, allows cold charging

In the search for a reliable, quick-charging, cold-weather battery for automobiles, a self-assembling, thin layer of electrochemically active molecules may be the solution, according to a team or researchers.

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Plan to use surplus land of railways to generate 20 GW of renewable energy: Piyush Goyal

"We plan to use a lot of our surplus land and land along the tracks to generate 20 GW (gigawatts)...'Made in India' solar or wind equipment being used to give us 20 GW production capacity of renewable energy and enough KW (kilowatt) hours to power our entire railway," Goyal said.

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Thin layer protects battery, allows cold charging

In the search for a reliable, quick-charging, cold-weather battery for automobiles, a self-assembling, thin layer of electrochemically active molecules may be the solution, according to a team or researchers.

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Trade unions urge Petroleum Minister to reconsider BPCL privatisation move

New Delhi, Aug 26 () Trade unions on Wednesday urged Petroleum Minister Dharmendra Pradhan to reconsider the proposed privatisation of Bharat Petroleum Corporation Ltd (BPCL).

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Need to develop viable, fast electric cooking systems to replace imported gas: Goyal

“We need to develop a viable electric cooking system which does fast cooking. So far we have induction cooking which takes long. Can we have fast cooking mechanisms to replace cooking gas because that is an imported product?,” Goyal said at a virtual event organised by the Council on Energy, Environment and Water.

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Complex renewable energy tenders stretching timelines, say experts

In January, for instance, SECI issued a 1200 MW “wind-solar hybrid” tender. This would require winning developers to set up solar and wind projects alongside each other, so as to save on land and utilise the same transmission facilities.

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BPCL resumes work on over 2,100 projects worth Rs 50,300 crore capex

The company had last month said it would cut down on its Rs 12,500 crore capex plan announced earlier this year due to the lockdowns and would spend only Rs 8,000 crore.

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Former IOC Chairman Sanjiv Singh joins Reliance as Group President

RIL's O2C business consists of the group's twin oil refineries at Jamnagar in Gujarat, petrochemical plants, 51 per cent of fuel retail and aviation fuel venture, and bulk wholesale marketing businesse

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Reliance Industries ropes in former IOC chief Sanjiv Singh for its oil-to-chemical business

RIL is in the process of carving out the $ 75 billion O2C business into a separate division as a part of its plan to divest at least 20% stake in it.

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Coal India places Rs 2,900 crore equipment order on Belaz

The purchase package includes the cost of the dumpers and spares for eight years including one year warranty period. Belaz bagged the contract through a global tender process

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Refinery throughput continues to rise in July

Nearly two dozen refineries in the country, which had in April cut down operating rate to as low as 30-40 per cent after lockdown pummelled fuel demand, produced 19 million tonnes of fuel in July, up from 18.35 million tonnes in the preceding month

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Innovation: Wireless device makes clean fuel from sunlight, water: Study

The device, developed by a team from the University of Cambridge in the UK, is a significant step toward achieving artificial photosynthesis - a process mimicking the ability of plants to convert sunlight into energy

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Tuesday, August 25, 2020

Activity heating up in India’s floating solar power market

Two large-scale floating solar tenders with a total capacity of 75 MW have been issued by NHPC and NHDC

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Activity heating up in India’s floating solar power market

Two large-scale floating solar tenders with a total capacity of 75 MW have been issued by NHPC and NHDC

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Asian coal prices likely to remain depressed say traders, analysts

"We are bouncing along the bottom," said Dale Hazelton, coal analyst at Woodmac in Singapore. "There was such a demand shock with the global lockdown, which greatly reduced power demand and that leads to greatly reduced coal demand"

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Parachutist makes world's first jump from solar-powered plane

The two-seater prototype plane made the test flight in good weather and to promote renewable energy

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Loom Solar eyes Rs 100 cr turnover by FY21

Loom Solar, one of India's leading manufacturer of monocrystalline solar panels and AC Module, has witnessed consistent growth over the past one year, it added

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TERI proposes Rs 40-lakh cr Green Stimulus to revive growth, jobs

The Institute has also pitched for producing renewable energy from agricultural residues which have an investment potential of Rs 22,470 crore per annum

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The little-known clean energy revolution

There are about 5,500 mini-grids in operation across 12 countries in Africa and Asia, according to The State of the Global Mini-grids Market Report 2020 published by the international non-governmental organization Sustainable Energy for All and BloombergNEF

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Oil & Gas projects worth Rs 5.88 lakh crore resumed since 20 April

The domestic petroleum industry has kickstarted economic activities or projects maintaining al pandemic-related Standard Operating Procedure (SOP)

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India's natural gas demand rebounds, reaches near pre-Covid level

India consumed 5,333 million metric standard cubic meters (MMSCM) of natural gas in July as against 5,433 MMSCM in the same month last year, official data showed

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Greenko Energies signs MoU with NTPC for RE power solutions

"The value proposition of the potential offering will be to meet the evolving bespoke requirements of discoms and other power consumers in India in real-time," Greenko said in a statement

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India plans deep cut in thermal coal imports in coming years: Coal Ministry official

Coal is among the top five commodities imported by India, the world's largest consumer, importer and producer of the fuel after China

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The little-known clean energy revolution

There are about 5,500 mini-grids in operation across 12 countries in Africa and Asia, according to The State of the Global Mini-grids Market Report 2020 published by the international non-governmental organization Sustainable Energy for All and BloombergNEF

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Narora joins select club of Indian nuclear power plants

The second unit at NAPS has become the fourth Indian reactor to achieve this milestone after Kaiga Generating Station Unit 1 (962 days), Rajasthan Atomic Power Station (RAPS) Unit 3 (777 days) and Unit 5 (765 days), the Nuclear Power Corporation of India Ltd said

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ReNew Power, UNEP ink pact for better clean energy access, higher efficiency

The partnership will also implement solar off-grid projects, studies, and assessments. Joint efforts will be promoted through annual events to showcase contributions to India's strategic vision on renewable energy

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The little-known clean energy revolution

Many projects are currently stuck because of policy uncertainties. That’s no surprise. Countries where mini-grids will be most useful, such as in India, Uganda or the Philippines, suffer from corruption, bad policies, weak regulatory enforcement, red tape, or a combination of all four.

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ReNew Power, UNEP ink pact for better clean energy access, higher efficiency

The partnership will also implement solar off-grid projects, studies, and assessments. Joint efforts will be promoted through annual events to showcase contributions to India's strategic vision on renewable energy

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Saipem to build 450 MW offshore wind farm in Italy

Saipem has agreed with renewable energy companies AGNES and QINT'X to install 56 wind turbines at two sites off the coast of Italian port city Ravenna, it said in a statement

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Ladakh's remote Nubra, Zanskar valleys to get connected to national power grid

Nubra valley is popular on the tourist map but is it also strategically important region as it is sandwiched between Karakoram range and Siachen glacier in the north and Baltistan region of (Pakistan-occupied Kashmir) PoK in the West

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India adds 351 MW of solar power generation capacity in Q2 2020: Report

It added that project construction was expected to pick up pace over the coming quarters

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India adds 351 MW of solar power generation capacity in Q2 2020: Report

It added that project construction was expected to pick up pace over the coming quarters

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ONGC board to consider proposal to raise Rs 45,000 cr next week

It will take a call on "establishing and/or extending EMTN (European Medium Term Note programme) program of the company not exceeding USD 2 billion, out of the limit of Rs 35,000 crore (mentioned above)...subject to applicable laws, the filing added

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IEX board accepts resignation of MD & CEO Rajiv Srivastava

New Delhi, Aug 24 () India Energy Exchange (IEX) on Monday said its board of directors have accepted resignation of its Managing Director and CEO Rajiv Srivastava.

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Yatinder Prasad appointed on Coal India board

Prasad is also on the board of National Scheduled Tribes Finance & Development Corporation and Tribal Cooperative Marketing Development Federation of India Ltd

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Monday, August 24, 2020

Saudi Aramco may pull out of India refinery project to clinch RIL deal

The Saudi state energy company appointed senior vice president Abdulaziz Al Gudaimi to lead a new team that will “assess existing assets” and boost access to “growth markets,” it said Sunday in a statement

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Petrol prices rise for 6th consecutive day, crude oil also up

In the international market, crude price has also remained firm hovering over $ 45 a barrel.

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State-run oil companies have spent just a fifth of annual capital expenditure target

Of the Rs 98,522 crore targeted for 2020-21, oil companies spent Rs 19,569 crore in the April-July period, according to official data.

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Adityanath attends foundation-stone laying ceremony for SIDBI's green building in Lucknow

He said, "This new concept of SIDBI's green building, reflects Prime Minister Narendra Modi's vision where we all work together to save energy and encourage green energy.".

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JSW Energy CFO Jyoti Kumar Agarwal to step down

JSW Energy on Monday said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has tendered his resignation and will step down with effect from September 15

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Union Minister Nitin Gadkari promotes pilot project to run electric buses with private investment

The Union minister also spoke about the London model of public transport and said that he has been trying to implement it

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Blackstone sells about 40% stake in Cheniere's limited partnership

Brookfield negotiated a $34.25 per unit sale price that values the deal at $7 billion

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Demand squeeze in India reduced OPEC share in oil imports

As per data with industry sources, the oil cartel's share in India's oil imports fell to about 67 per cent in July as against highs of 75-80 per cent maintained earlier

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Germany to issue 'green bonds' worth up to $13B this year

The step is part of an effort to meet demand for environmentally friendly investments and follows the path already taken by other countries, including neighbouring France

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Advanced biofuels show real promise for replacing some fossil fuels

A new study predicted significant climate benefits stemming from the use of advanced biofuel technologies.

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Advanced biofuels show real promise for replacing some fossil fuels

A new study predicted significant climate benefits stemming from the use of advanced biofuel technologies.

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Scientists get atomistic picture of platinum catalyst degradation

Degradation of platinum, used as a key electrode material in the hydrogen economy, severely shortens the lifetime of electrochemical energy conversion devices, such as fuel cells. For the first time, scientists elucidated the movements of the platinum atoms that lead to catalyst surface degradation.

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New insights for sun-gathering technologies

Researchers are taking a page from Nature's lesson book. Inspired by the way plants and other photosynthetic organisms collect and use the sun's radiant energy, they hope to develop technologies that harvest sunlight and store it as carbon-free or carbon-neutral fuels.

from Renewable Energy News -- ScienceDaily https://ift.tt/3gx9BtC
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New insights for sun-gathering technologies

Researchers are taking a page from Nature's lesson book. Inspired by the way plants and other photosynthetic organisms collect and use the sun's radiant energy, they hope to develop technologies that harvest sunlight and store it as carbon-free or carbon-neutral fuels.

from Solar Energy News -- ScienceDaily https://ift.tt/3gx9BtC
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Wireless device makes clean fuel from sunlight, CO2 and water

Researchers have developed a standalone device that converts sunlight, carbon dioxide and water into a carbon-neutral fuel, without requiring any additional components or electricity.

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Fuel cells for hydrogen vehicles are becoming longer lasting

An international research team has succeeded in developing an electrocatalyst for hydrogen fuel cells which, in contrast to the catalysts commonly used today, does not require a carbon carrier and is therefore much more stable. The new process is industrially applicable and can be used to further optimize fuel cell powered vehicles without CO2 emissions.

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Wireless device makes clean fuel from sunlight, CO2 and water

Researchers have developed a standalone device that converts sunlight, carbon dioxide and water into a carbon-neutral fuel, without requiring any additional components or electricity.

from Renewable Energy News -- ScienceDaily https://ift.tt/2EqERgl
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Wireless device makes clean fuel from sunlight, CO2 and water

Researchers have developed a standalone device that converts sunlight, carbon dioxide and water into a carbon-neutral fuel, without requiring any additional components or electricity.

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Researchers to investigate wind power effects on bats in the Baltic Sea region

Despite the increasing numbers of wind turbines, their impacts on the environment are poorly known. A new study focuses on wind turbines in the Baltic Sea region and their impact on bats and their migration.

from Wind Energy News -- ScienceDaily https://ift.tt/31oqjXr
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Negative emissions technologies may not solve climate crisis

Researchers used the Global Change Assessment Model to compare the effects of three negative emissions technologies on global food supply, water use and energy demand. The work looked at the role having direct air capture available would have on future climate scenarios.

from Energy Policy News -- ScienceDaily https://ift.tt/2CU8fLw
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State-run oil companies have spent just a fifth of annual capital expenditure target

Of the Rs 98,522 crore targeted for 2020-21, oil companies spent Rs 19,569 crore in the April-July period, according to official data.

from Energy-Industry-Economic Times https://ift.tt/3j8OQpv
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Fitch Ratings says weak oil refining margins to put pressure on fuel retailers

Marketing margins of the three oil marketing companies' (OMCs) increased significantly during April-June quarter of 2020-21 and boosted EBITDA compared with the fourth quarter of FY2020

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Total and Mozambique sign security pact for $20 bln natural gas project

Mozambican security forces have been battling a low-level insurgency against militias suspected of having links to Islamic State in the gas-rich north of the country

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No DBT for cylinders to 31 lakh women due to banking issues; 7.5 cr benefit

​​A ministry spokesperson told ET, “There are 31 lakh PMUY consumers to whom the money could not be transferred through the direct benefit transfer (DBT) due to various issues such as Aadhar not linked with the bank accounts, KYC pending at the banks or accounts closed or inactive.”

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Sunday, August 23, 2020

More oil and gas bankruptcies coming

Law firm Haynes and Boone counted nearly 500 bankruptcies among oil and gas companies since 2015, with 60 so far this year, and 18 filings in July alone

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INNOVATION: Researchers develop environment friendly,cost-efficient lithium batteries

The researchers said the technology has the potential to aid multi-billion dollar industries including tech gadgets, drones, electric vehicles (EV) and several more that depend on such batteries.

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CBI raids oil firm over Rs 938 crore ‘loan scam’ in Madhya Pradesh

The CBI on Saturday registered an FIR against the directors of Madhya Pradesh-based K S Oils Ltd in an alleged Rs 938 crore bank loan scam.

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Rs 1,200-crore plan to hook up Nubra, Zanskar in Ladakh to national grid

Nubra, a popular tourist destination, is strategically located with Baltistan in POK (Pakistan-occupied Kashmir) on the west, Siachen glacier – the world’s highest battleground – in the north and Chan-Chenmo range in the east

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Brazil's Omega Geração buys stake in EDF Renewables wind farms

It added that it was in talks to buy additional wind farms with 265 MW in capacity and has until December to make an offer

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Indian solar projects hit as Chinese solar module prices rise for the first time since 2017

The cost of a single multi-crystalline solar module has gone up to over $17 from $16-16.5.

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Petronet CEO gets 27% salary raise in FY20; Search launched for new chief

Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020)

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Saudi energy ministry to assist development of mega economic zone Neom

The 26,500 square km (10,230 square mile) development, first revealed in 2017 with a planned completion in 2025, will include high-tech projects powered by wind and solar energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aSbkZi
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Indian solar projects hit as Chinese solar module prices rise for the first time since 2017

The cost of a single multi-crystalline solar module has gone up to over $17 from $16-16.5.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3j94ph3
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Indian solar projects hit as Chinese solar gear prices rise for the first time since 2017

Two unexpected events have led to the recent increase – first, an explosion and subsequent damage to the production line at GCL Poly, a Chinese poly-silicon and silicon wafer giant, which accounts for around 30% of the world’s poly-silicon production; second, floods in China’s southeast, leading to forced temporary closure of another Chinese poly-silicon producing heavyweight, Tongwei.

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OPINION: Duck at the Door

The increasing issue of duck-shaped net demand curve and its associated challenges is already visible and the challenge of effectively managing it without resorting to RE curtailment will magnify as we continue adding infirm RE capacity.

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Saturday, August 22, 2020

Petronet CEO gets 27% salary raise in FY20; search launched for new chief on modified terms

Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020), according to Petronet's latest annual report.

from Energy-Industry-Economic Times https://ift.tt/31kGnJL
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Power ministry asks plants to charge late fee at less than 12 per cent per annum

COVID-19 pandemic has adversely affected the liquidity position of all stakeholders of power sector especially electricity distribution companies.

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OPINION: Why India must focus on energy efficiency and sustainability

Advocacy and awareness around climate change, sustainability, resiliency and equity are at an all-time high

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Amplus Solar first to sell renewable power on Indian Electricity Exchange green market

"Days after the launch of India's first ever Green Term-Ahead Market (GTAM) introduced by IEX, Amplus Solar sold solar electricity in the open market on August 20, 2020, becoming the first solar generator to trade on GTAM under the new Central Electricity Regulatory Commission (CERC) norm," a company statement said.

from Energy-Industry-Economic Times https://ift.tt/34kcuLP
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Power Ministry asks plants to charge late fee at less than 12% per annum

“In general, the applicable rate of Late Payment Surcharges (LPS) is quite high despite the fact that interest rates in the country have softened over the last few years. The rate of LPS in many cases ranges upto 18% per annum and has adversely impacted discoms during this difficult phase of lockdown imposed on account of COVID-19 pandemic,” the statement said.

from Energy-Industry-Economic Times https://ift.tt/31gfQgS
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Amplus first solar power company to trade on IEX's Green Term-Ahead Market

The exchange had launched GTAM on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC) on 17 August

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Saudi Aramco continues to explore its India investment plan

World's largest oil company Aramco remains committed on its investment plan in India, including a $15 billion deal with Reliance Industries

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Friday, August 21, 2020

Nine killed in fire at Telangana's Srisailam hydroelectric power plant

"They tried to come out from the escape tunnel, but could not do so due to the dense smoke," TSGENCO said in an official statement.

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ONGC shuts 2 rigs after spurt in Covid cases

Sources said ONGC stopped the operation of ‘Greatship Chitra’ and ordered evacuation after 16 crew members tested positive more than a week ago

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hndqTd
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Rajasthan: Solar companies protest against the new land tax

RRECL managing director Anil Gupta said they have received representations from the industry and are examining the tax provisions and also benefits available under Rajasthan Industrial Promotion Scheme, 2019 (RIPS-19)

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Rajasthan: Solar power companies protest against new land tax

The industry, which has been resisting the tax, has asked for time, even as it is raising the issue with Rajasthan Renewable Energy Corporation

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State-owned NTPC gets Niti Aayog, DIPAM nod to set up renewable energy business arm

"...concurrence had been obtained from NITI Aayog and Department of Investment and Public Asset Management (DIPAM), Ministry of Finance for formation of a wholly-owned subsidiary for NTPC Renewable Energy Business," the power giant said in a BSE filing.

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Rajasthan: Solar power companies protest against new land tax

The industry, which has been resisting the tax, has asked for time, even as it is raising the issue with Rajasthan Renewable Energy Corporation

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BHEL bags maiden order for battery energy storage systems

The company has signed a contract agreement with TERI for setting up of a cumulative 410 kWh Battery Energy Storage Systems (BESS) in the National Capital Territory (NCT) of Delhi

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Import of power equipment minimised to boost 'Atmanirbhar Bharat': Power Minister R K Singh

"We have taken very stringent steps.I had a meeting with all the stakeholders in the power sector.We make all the things for generation, transmission and distribution of power.

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Demand shock shuts Karnataka’s three thermal power plants

The operations at the plants, two in Raichur district and one in Ballari, were first halted two months ago. This is the first time in Karnataka’s history since 1986 that all three facilities, with 13 thermal units, have been put into sleep mode

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India to see natural gas share rise to 10 per cent by 2025: GAIL director

Prime Minister Narendra Modi has set a target of raising the share of natural gas in the energy basket to 15 per cent by 2030 to cut carbon emission in the economy

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Saudi Aramco suspends $10 billion China oil refinery venture

Saudi Arabian Oil Co., or Aramco, decided to stop investing in the facility in China’s Northeastern province of Liaoning after negotiations with its Chinese partners, said the people, who asked not to be identified as the matter is private

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No more playing with fire: Study offers insight into 'safer' rechargeable batteries

Lithium-ion batteries are used in various electronic devices. But, they also come with potential hazards, particularly if the battery is damaged or overcharged. This usually occurs because, in its overcharged state, spiky structures called 'lithium dendrites' get deposited in the battery. Now, scientists use a technique called 'operando nuclear magnetic resonance' to track the precise mechanism of dendrite formation. They also extend their experiments to sodium-ion batteries, making their practical application easier.

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Large tin monosulfide crystal opens pathway for next generation solar cells

A team has succeeded in growing large single crystals of tin monosulfide, a material used in next generation solar cells.

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Unveiling rogue planets with NASA's Roman Space Telescope

New simulations show that NASA's Nancy Grace Roman Space Telescope will be able to reveal myriad rogue planets -- freely floating bodies that drift through our galaxy untethered to a star.

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State-owned NTPC gets Niti Aayog, DIPAM nod to set up renewable energy business arm

"...concurrence had been obtained from NITI Aayog and Department of Investment and Public Asset Management (DIPAM), Ministry of Finance for formation of a wholly-owned subsidiary for NTPC Renewable Energy Business," the power giant said in a BSE filing.

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India to see natural gas share rise to 10 per cent by 2025: GAIL director

Currently, natural gas makes up about 6.2 per cent of the entire energy consumption in the country. Prime Minister Narendra Modi has set a target of raising the share of natural gas in the energy basket to 15 per cent by 2030 to cut carbon emission in the economy.

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State-owned NTPC gets Niti Aayog, DIPAM nod to set up renewable energy business arm

"...concurrence had been obtained from NITI Aayog and Department of Investment and Public Asset Management (DIPAM), Ministry of Finance for formation of a wholly-owned subsidiary for NTPC Renewable Energy Business," the power giant said in a BSE filing.

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Coronavirus hits Indian electricity demand, capacity addition: Fitch

The fall in demand is likely to result in lower load factors, mainly for coal-based power plants. The weak demand along with higher coal inventory led to India's coal imports falling by 22 per cent year-on-year in H1 20

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Covid-19: Need to look at infrastructure development in fresh perspective: Padmanban Jai Shankar, MD, IIFCL

We have to understand the induced lockdown has diminished consumer confidence and full restoration of the economic activities would depend on a number of factors

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‘Solar energy now provides for 24 per cent of TU’s power needs’

A TU spokesperson said that the university considers five thematic areas — energy, water, waste, natural ecosystems and sustainable building — for its mission towards a sustainable campus.

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Thursday, August 20, 2020

India's crude imports fall to lowest in over a decade in July

Crude oil imports last month slumped about 36.4 per cent from a year earlier to 12.34 million tonnes, or 2.92 million barrels per day, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed

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Solar projects equal to 40% capacity awarded since February, new projects of 14,000MW installed

India’s solar power space has emerged as a bright spot for investors amid the global slowdown, with contracts for 14,000MW (mega watt) of new projects, roughly 40% of the current installed capacity, being awarded since the coronavirus pandemic hit the world, government data shows.

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Saudi Arabia's Public Investment Fund looks to invest up to $1 billion in Jio's fibre assets

"From a pure vendor arrangement between an oil producer and a refiner, both Crown Prince Mohammed bin Salman and (RIL chairman) Mukesh Ambani want to cement their association as strategic partners"

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Wipro implements blockchain platform for energy sector with Uniper

The platform, built and implemented jointly by Wipro and Uniper, uses a consortium model for all ssLNG market participants to help transform the trading market space to bring in efficiencies and "significant" cost savings for traders

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AISIA urges govt to impose 50 pc basic custom duty on solar equipment

It further added that, this is also the time when the government can further give impetus to the Prime Minister's Vocal for Local movement and help the local manufacturers strengthen their position in the domestic market

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HSBC launches 'green deposit' product for financing eco-friendly projects

Financing of ecologically sensitive and sustainable initiatives has been a big concern given the higher investments needed for them upfront

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Substation shut after fire, third snag in BHEL transformer

A 500 MVA transformer at the Sector 148 UPPTCL (UP Power Transmission Corporation Limited) substation caught fire early on Wednesday.

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‘NTPC did not pay market rate for land’

Around 8,000 raiyyats, who have lost their agricultural land to the project two years ago, have been regularly protesting against the PSU with support from Barkagaon MLA Amba Prasad

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CCI approves proposed acquisition of C&S Electric by Siemens

The proposed combination envisages the acquisition of 100 per cent of the share capital of C&S Electric Limited (C&S) by Siemens Limited (Siemens India)

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Gahlot holds meeting with RK Singh, says assurance given for subsidy to 1,000 electric buses

Gahlot and Singh discussed installation of charging infrastructure in Delhi-NCR in the presence of officials from the state and Union government, as part of the recently launched Electric Vehicle policy," said a Delhi government statement

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Assam's Tezpur University using solar power to generate 90,000 kW electricity every month

"The maximum generation in one day is 5,938 kW and the average daily generation during this period is 2,949 kW," it said in a statement

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HSBC launches 'green deposit' product for financing eco-friendly projects

Financing of ecologically sensitive and sustainable initiatives has been a big concern given the higher investments needed for them upfront

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IIFL Home Finance launches next phase of green affordable housing

Considering government's focus on affordable housing, IIFL Home Finance through Kutumb aims to extend the mission of 'Housing for All' to 'Green Housing for All', IIFL Home Finance said in a release

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UT asks depts to provide details of spaces for installing solar plants

Accordingly, the UT administration would install solar plants in those vacant spaces too. They have now again written to the departments, boards and corporations to provide the list.

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Routing apps can deliver real-time insights into traffic emissions

Routing apps such as Google Maps or Nokia's Here platform could offer a cost-effective way of calculating emissions hotspots in real time, say researchers.

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Indian Oil Corp depot at Ambala cantonment to be shifted to Una: Haryana minister Vij

While talking to media persons, Haryana Home Minister Anil Vij said that the depot is located in a densely populated area close to some residential localities at Ambala cantonment and this could lead to some untoward incident in the future as a huge quantity of petrol and diesel is stored in the oil depot, all the time.

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India's dependence on thermal power will reduce to 50 per cent by FY22: Report

New Delhi, Aug 20 () India's dependence on thermal power will reduce to 50 per cent by 2021-22 and 43 per cent by 2026-27 on the back of renewable energy (RE) capacity additions, a report said.

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AISIA urges govt to impose 50 pc basic custom duty on solar equipment

It further added that, this is also the time when the government can further give impetus to the Prime Minister's Vocal for Local movement and help the local manufacturers strengthen their position in the domestic market

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GAIL sees gas sales returning to pre-coronavirus levels by current quarter end

GAIL, the country's largest natural gas marketing and transporting company, sold about 113 million standard cubic metres per day of the fuel before the outbreak of the pandemic.

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Ethanol price paid by oil companies to sugar mills may be hiked

The food ministry has proposed to raise minimum selling price of sugar by Rs 2 to Rs 33 a kg

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Coal Minister asks Talcher Fertilizers to expedite coal gasification project

"Took stock of progress made in operation activities, by Talcher Fertilizers Limited. Advised them to expedite coal gasification project and assured them of support from the ministry," Joshi said in a tweet

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Germany narrows gap to achieve climate protection target

Germany wants to reduce its greenhouse gas emissions by at least 40 per cent by 2020 compared with 1990 levels, and by at least 55 pe rcent by 2030

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LET Hydrocarbon Engineering signs pact with NTPC for CO2-to-methanol plants

Subramanian Sarma, Whole Time Director and Senior Executive Vice President (Energy) L&T, said this development towards establishing CO2-to-methanol plants is an important step towards India's commitment to combat climate change

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GE signs power agreements worth over $1.2 bln with Iraq

The US conglomerate was also working with multiple export credit agencies to facilitate financing of more than $1 billion for the projects, it said in a statement on Wednesday

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Solar industry seeks central government intervention in Andhra Pradesh dispute

In July last year, the state government decided to renegotiate the purchase cost of wind and solar projects already awarded, saying it would not honour power purchase agreements signed by the previous government

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Wednesday, August 19, 2020

LET Hydrocarbon Engineering signs pact with NTPC for CO2-to-methanol plants

Under this pact, LTHE and NTPC will further collaborate to accelerate the development and subsequently commercialise CO2-to-methanol plants.

from Energy-Industry-Economic Times https://ift.tt/327Ot7Y
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HC directs Centre, Assam govt, OIL to file replies on PIL over drilling wells inside national park

The bench in its order noted that drilling and testing of hydrocarbons were extended to seven locations under the Dibru-Saikhowa National Park by dispensing public hearing on "extraneous grounds"

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RWE eyes renewables deals as part of $8.4 billion expansion: CFO

"A pipeline needs to be worked on constantly. It doesn't grow overnight," Markus Krebber told Reuters, less than a day after the group raised 2 billion euros ($2.4 billion) in a share sale to fund growth

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Italy's Snam eyes investments in Indian gas pipelines

Snam top executives have held discussions with the oil minister, officials, regulator and industry executives in India to understand the investment opportunities and regulatory landscape, people familiar with the matter said

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Solar industry seeks central government intervention in Andhra Pradesh dispute

In July last year, the state government decided to renegotiate the purchase cost of wind and solar projects already awarded, saying it would not honour power purchase agreements signed by the previous government

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Clean energy is not to blame for California blackouts, state agencies tell governor

"Our organizations want to be clear about one factor that did not cause the rotating outage: California's commitment to clean energy," the heads of the agencies said in a letter to Governor Gavin Newsom

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Climate change impact on green energy production

As the climate of the planet is changing, many researchers are looking to more renewable energy sources. Researchers investigate whether the power generated by solar and wind farms would differ between current and future climates. The researchers focused on sites in Australia where variable renewable generators are located or are likely to be located in the future based on the Australian Energy Market Operator's system plan.

from Renewable Energy News -- ScienceDaily https://ift.tt/3kYtgG4
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Climate change impact on green energy production

As the climate of the planet is changing, many researchers are looking to more renewable energy sources. Researchers investigate whether the power generated by solar and wind farms would differ between current and future climates. The researchers focused on sites in Australia where variable renewable generators are located or are likely to be located in the future based on the Australian Energy Market Operator's system plan.

from Solar Energy News -- ScienceDaily https://ift.tt/3kYtgG4
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Climate change impact on green energy production

As the climate of the planet is changing, many researchers are looking to more renewable energy sources. Researchers investigate whether the power generated by solar and wind farms would differ between current and future climates. The researchers focused on sites in Australia where variable renewable generators are located or are likely to be located in the future based on the Australian Energy Market Operator's system plan.

from Energy Policy News -- ScienceDaily https://ift.tt/3kYtgG4
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Ethanol price paid by oil companies to sugar mills may be hiked

The government has fixed remunerative ex-mill price of ethanol derived from C-heavy molasses at Rs 43.75 a litre; from B-heavy molasses at Rs 54.27 and Rs 59.48 a litre for ethanol derived from sugarcane juice, sugar or sugar syrup for ethanol season 2019-20 (December-November).

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The most sensitive instrument in the search for life beyond Earth

Researchers have developed the highly sensitive ORIGIN instrument, which can provide proof of the smallest amounts of traces of life, for future space missions. The instrument may be used on missions to the ice moons of Europa (Jupiter) and Enceladus (Saturn), for example.

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Italy's Snam eyes investments in Indian gas pipelines

Snam didn’t comment on whether it was considering investing in Indian gas pipelines.

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Solar industry seeks central government intervention in Andhra Pradesh dispute

In July last year, the state government decided to renegotiate the purchase cost of wind and solar projects already awarded, saying it would not honour power purchase agreements signed by the previous government. The High Court had then stayed the order and directed distribution companies to clear the dues owed in December after developers took the state to court.

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IEX to commence trading on green term ahead market from Aug 21

Power bourses- Indian Energy Exchange and Power Exchange of India received approval from the Central Electricity Regulatory Commission on August 17 2020 to launch the Green Term-Ahead Market (G-TAM)

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CCEA approves relaxation in working capital lending limit to discoms

This will enable states like Tamil Nadu, Odisha, Bihar and Jammu and Kashmir to avail about Rs 32,000 crore loans under the Centre’s liquidity injection package for power sector

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BHEL, L&T, others may get incentives for manufacturing import substitutes

In the electronics sector, the government already has a PLI scheme that extends an incentive of 4 to 6 per cent on incremental sales (over base year) of goods manufactured in India and covered under target segments

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CCEA approves relaxation in working capital lending limit to discoms

Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year for working capital.

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IOC nears first deal to export fuels to Mauritius -sources

IOC will supply 205,000 tonnes of 95 RON gasoline, 235,000 tonnes of 10 parts per million (ppm) gasoil, 175,000 tonnes of jet fuel and up to 105,000 tonne of marine gasoil, sources said

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Study faults Centre’s move to auction new coal blocks

The logic behind the decision, as offered by the government, was that the country needs the coal to power its energy and industrial sectors. But more coal blocks mean less forests. Do we need to mine more coal by cutting more forests?

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Maharashtra State Road Transport Corporation to set up petrol pumps to overcome losses

The Maharashtra State Road Transport Corporation (MSRTC) has decided to set up petrol pumps in the state to increase its earnings and overcome the losses incurred due to the outbreak of COVID-19.

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COVID-19: India to commission only 2.5 GW of new solar projects in H2 2020, says report

The split of the newly added total capacity in calendar year 2020 would be about 3.5 GW of utility-scale solar capacity and 1.2 GW of wind

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Tuesday, August 18, 2020

CSE report questions govt's move to expand coal mining

Since 1980, when the Forest Conservation Act was enacted, India has diverted 0.53 million hectares of forestland for mining – the bulk of it for coal

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Power ministry asks industry to make import replacements

The power sector currently imports 604 items, 392 of which are also made here. Roughly 212 items are not made here, but then local alternatives are available for 102 items

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/319HRXx
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Employees of UP electricity department protest against Electricity Amendment Bill

Addressing the protesters outside the chief engineer's office here, Kumar said the employees and engineers of the department are enraged by the proposal of privatisation of Poorvanchal Vidhyut Vitran Nigam

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China Three Gorges enters Spanish energy market with solar plants buy

The photovoltaic plants were built between 2019 and 2020, and are fully operational with a total capacity of just over 500 megawatts, X-Elio said, adding the deal was signed on Friday

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Germany's RWE rakes in $2.4 billion to fund renewable energy expansion

The move increases RWE's share capital by 10 per cent and was successfully placed with institutional investors via an accelerated bookbuilding process, RWE said in a statement issued after the Frankfurt market close

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FY21 electricity demand likely to drop by 4 per cent: Fitch Ratings

According to Fitch, weak demand, along with higher coal inventory, led to India's coal imports falling by 22 per cent YoY in 1H20

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Lakhs of power sector workers protest against Electricity Amendment Bill : AIPEF

The protest meetings were held under the banner of the National Coordination Committee of Electricity Employees and Engineers (NCCOEEE) in all states and UTs, the statement said

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Demand dip makes refineries cut production, launch maintenance

The Covid-19 demand destruction has begun to hit Indian refiners with almost all entities further reducing crude processing or going in for unexpected maintenance shutdowns to remain afloat and protect margins.

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Trina Solar’s Vertex Modules deliver 600W power output

BRAND CONNECT INITIATIVE

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Baghjan gas well capped after 83 days, operations start to douse fire

Placing the BOP successfully atop the well head was quite a challenging task for the expert team considering its sheer weight and the risky working environment around the blowout site due to intense heat emanating from the well

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2E2Sa6R
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Power ministry asks industry to make import replacements

The power sector currently imports 604 items, 392 of which are also made here. Roughly 212 items are not made here, but then local alternatives are available for 102 items

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Over 8,800 tribal families in Tamil Nadu to get solar-powered homes under scheme

The lives of Kaliyamma and Rajalakshmi could change with the chief minister's solar-powered greenhouse scheme allotting 8,803 concrete houses to be built for tribal families. Under the project, a total of 20,000 houses will be built in this fiscal

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Domestic coal demand may be subdued in Q2 on lower demand from end-user industries: Report

Thus, the coal offtake reduced in June 2020 year-on-year but improved month-on-month with the gradual relaxation in lockdown norms, the agency said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aAj81F
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Petronet Q1 results: Net profit slips 7 per cent

Average gas send-out from Petronet's 17.5 million tonne a year Dahej LNG import terminal fell to less than 60 per cent of the capacity in April, down from over 88 per cent in the previous month

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2EgpjeR
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India will lead ISA by example, says RK Singh

"One of the main objectives at ISA is equity of electricity. It will improve equity, improving access to energy all around the world," said Singh

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kUdgVs
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Climate activists swim 500 metres to board North Sea oil rig

Denmark, which has one of the most ambitious climate targets, is broadly seen as a pioneer on climate change, but the government is weighing arguments on whether to proceed with a previously announced North Sea oil and gas tender

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3awHJEv
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Over 8,800 tribal families in Tamil Nadu to get solar-powered homes under scheme

The lives of Kaliyamma and Rajalakshmi could change with the chief minister's solar-powered greenhouse scheme allotting 8,803 concrete houses to be built for tribal families. Under the project, a total of 20,000 houses will be built in this fiscal

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/313hK4n
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Monday, August 17, 2020

Mining picks up pace as coal demand rises after lockdown lull

The CIL subsidiary, which produced 27 million tonnes of coal in the 2019-20 FY, has set its sights on producing 34MT coal in the ongoing fiscal year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3awAqg3
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India will lead ISA by example, says RK Singh

"One of the main objectives at ISA is equity of electricity. It will improve equity, improving access to energy all around the world," said Singh

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3iR38Lv
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India will lead International Solar Alliance by example, says Power Minister RK Singh

India will lead the International Solar Alliance (ISA) by example in providing access to electricity for all on the back of its own experience in providing 100% electrification across the country, union power and renewable energy minister RK Singh said.

from Energy-Industry-Economic Times https://ift.tt/2Fr6kPo
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Indian Solar Alliance to hold World Solar Technology Summit on September 8

Prime Minister Narendra Modi, Ministers from ISA member countries, dignitaries and nobel laureates are expected to participate in the virtual summit

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3aAFS1o
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Siemens Gamesa bags order to supply turbines for Adani Green Energy’s Rajasthan project

Siemens will manufacture, supply, install, and pre-commission the wind turbines for the project under the agreement

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/349S5sP
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Innovation: Youth finds a way to electrify villages with sediment collected from Ganga’s riverbed

A research scholar of Motilal Nehru National Institute of Technology-Allahabad (MNNIT) Jeetendra Prasad has devised a technique of generating electricity from the soil of Ganga’s riverbed

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g68ukh
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SJVNL to commission 100 MW solar plant in Gujarat

Gujarat Urja Nigam Ltd had invited bids for 700 MW capacity. The SJVNL got 100 MW capacity at the rate of Rs 2.80 per unit on the build-own-and-operate basis

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2E24CUq
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ISA to place World Solar Bank issue in annual assembly agenda

The Bank will have an authorised capital of $15 billion to fund projects

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Czkf4S
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ISA to place World Solar Bank issue in annual assembly agenda

The Bank will have an authorised capital of $15 billion to fund projects

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3iPMRGv
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SJVNL to commission 100 MW solar plant in Gujarat

Gujarat Urja Nigam Ltd had invited bids for 700 MW capacity. The SJVNL got 100 MW capacity at the rate of Rs 2.80 per unit on the build-own-and-operate basis

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3h7xFEf
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ISA Assembly likely to vet World Solar Bank DPR in October

Besides there is need for huge funding for solar projects across the world for increasing share of renewable sources in the overall energy mix

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31WLCP4
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Indian Solar Alliance to hold World Solar Technology Summit on September 8

Prime Minister Narendra Modi, Ministers from ISA member countries, dignitaries and nobel laureates are expected to participate in the virtual summit

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Q8jqTH
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Diesel consumption falls in August

Compared to this, the other transport fuel, petrol, has been having a relatively better run as its consumption has actually grown by about 2 per cent in the first fortnight of August. But, even it is down 6 per cent year-on-year (yoy)

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3g5IvcA
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India's power output rises for first time in five months in early August

India’s electricity generation in the first 15 days of August rose for the first time since early March, provisional government data showed, as the country opened up industries and lifted restrictions to control the spread of coronavirus.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2EexlVC
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Oil India successfully places blow out preventer over Baghjan gas well head

“The well Capping operation was initiated this morning and the Capping BOP Stack was successfully placed over the Well Head. The 16 studs have also been tightened. The preparations for killing operations are on. The BOP and the lines connected to it are being kept cool through continuous spraying of water,” Oil India said.

from Energy-Industry-Economic Times https://ift.tt/2YaPivA
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Indian Solar Alliance to hold World Solar Technology Summit on September 8

"The World Solar Technology Summit is an attempt to bring together scientists, engineers and member states to sit down together and think about what the challenges are in realising the dream of making energy affordable and abundant," Union Minister for Power and Renewable Energy R.K. Singh said at its curtain raiser event held Monday.

from Energy-Industry-Economic Times https://ift.tt/2E8lZTa
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Siemens Gamesa bags order to supply turbines for Adani Green Energy’s Rajasthan project

Siemens will manufacture, supply, install, and pre-commission the wind turbines for the project under the agreement

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2YawGfc
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Solar capacity addition in second quarter fell to a six-year low of 205 MW

Total power capacity added since January was 2.3 GW, out of which about 85% came from renewable energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3iGQsqu
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Solar capacity addition in second quarter fell to a six-year low of 205 MW

Total power capacity added since January was 2.3 GW, out of which about 85% came from renewable energy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3iKQuh5
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Solar capacity addition in Covid-hit second quarter fell to a six-year low of 205 MW

Total power capacity added since January was 2.3 GW, out of which about 85% came from renewable energy. Coal-fired plants accounted for 13% of new projects in the first half of the year, while wind energy's share was 14%.

from Energy-Industry-Economic Times https://ift.tt/348maJ2
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India's power output rises for the first time in five months in August

Power generation rose 2.6% in the first 15 days of August compared with the same period of last year, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 1.8% fall in July.

from Energy-Industry-Economic Times https://ift.tt/3kSLrgw
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NTPC looking for opportunities in East Asia, Middle East, Africa

The company in its investor presentation said that among its international operations, construction activity of a 1,320 MW project in Bangladesh is under progress and 10 countries have finalised with International Solar Alliance to implement 1,500 MW solar projects

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kOGjd8
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Jobs: India's Petrochemicals sector to provide 100,000 jobs over next decade

India will drive over 10 per cent of the world’s growth in petrochemicals over this period and will need to set up one cracker every year until 2035 to meet domestic demand

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3iM0LcO
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Petrol prices now on the run while diesel remains steady

In the national capital, petrol prices rose for the second consecutive day by 16 paise to Rs 80.73 a litre. Pump prices of petrol have risen 14 paise a litre on Sunday breaking from a 47-day long pause since June 29

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Q0mUYs
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SJVN gains 2 per cent on bagging 100MW solar project in Gujarat

The tentative cost of construction/development of this project is Rs 450 crore, the state-run company said in a regulatory filing

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3h7rPmy
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Danske Commodities signs 15-yr power purchase deal for 3.6 GW British wind farm

Dogger Bank, located 130km off the coast of Yorkshire in northern England, is under construction and set to become the world's largest offshore wind farm with a capacity of 3.6 gigawatts, enough to power 4.5 million UK households

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2E6xlHt
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IHCL joins hands with Tata Power for supply of solar energy to Mumbai hotels

The company has signed a solar energy power purchase agreement (PPA) with TP Kirnali Solar Ltd, a wholly owned subsidiary of Tata Power Company Ltd, IHCL said in a statement

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3iN5Zoz
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IHCL joins hands with Tata Power for supply of solar energy to Mumbai hotels

The company has signed a solar energy power purchase agreement (PPA) with TP Kirnali Solar Ltd, a wholly owned subsidiary of Tata Power Company Ltd, IHCL said in a statement

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2DZw6tN
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IHCL joins hands with Tata Power for supply of solar energy to Mumbai hotels

IHCL has signed a solar energy power purchase agreement (PPA) with TP Kirnali Solar Ltd, a wholly owned subsidiary of Tata Power Company Ltd.

from Energy-Industry-Economic Times https://ift.tt/2Y9RVh5
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Gradual coal demand recovery amid high inventory to keep prices subdued in FY21: Ind-Ra

Domestic coal production remained subdued for the third consecutive month in June. Accordingly, the coal offtake reduced but improved month-on-month with the gradual relaxation in COVID-19 lockdown norms

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/346MAeo
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Opinion: Tasmanian manganese smelter sale points to greener future for metals: Russell

TEMCO operates four electric arc furnaces that can produce up to 150,00 tonnes a year of high carbon ferromanganese and 120,000 tonnes a year of silicomanganese

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kQFhxh
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Solar energy to power Siachen base camp

The Siachen project will meet the lighting and heating needs at Base Camp I, II and III. The Partapur project will meet similar needs of the Army’s 102 Brigade tasked with defending the strategically vital glacier.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kRpL4h
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