Saturday, October 31, 2020

Green certificates trading likely to resume after 4 months from Nov 25

The green certificates trading was suspended in July this year after the Appellate Tribunal for Electricity (APTEL) decided to postpone the trading by four weeks.

from Energy-Industry-Economic Times https://ift.tt/2TH2h5p

No illegal mining in Meghalaya: Chief Minister Conrad K Sangma

Brushing aside claims of the opposition Congress on ‘illegal mining and transportation’ of coal in Meghalaya, chief minister Conrad K Sangma on Friday termed the allegations as “politically motivated”.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31YD1fK

Joe Biden’s clean-energy ‘revolution’ faces challenge to match fossil-fuel jobs, pay

Union representation, pay and benefits in the fast-growing wind and solar power industries at the center of a clean energy transition lag those in oil, gas and coal

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

Renewable energy company working on sustainable solution for stubble burning

'Verve Renewables' collects stubble and supplies it to a sugar mill that generates electricity from it--converting residue into energy. It aims at connecting farmers with energy producers.

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

'Astro-stays' bring tourists and solar power to Himalayan villages

Global Himalayan Expedition (GHE) has brought solar electricity to more than 130 Indian villages, benefiting about 60,000 people, while setting up home-stays for tourists that have generated more than $100,000 in income for villagers.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JpP92P

Friday, October 30, 2020

'Astro-stays' bring tourists and solar power to Himalayan villages

Global Himalayan Expedition (GHE) has brought solar electricity to more than 130 Indian villages, benefiting about 60,000 people, while setting up home-stays for tourists that have generated more than $100,000 in income for villagers.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TD3xGD

Reliance profit slides as pandemic slams oil business

Reliance, led by Asia's richest man Mukesh Ambani, has in recent years built massive retail and telecom businesses to tap into India's consumer boom and reduce its dependence on the energy sector

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35NGv5D

‘Renewables improve our health with the planet’s — India can have huge benefits’

In contrast, when you build renewable energy solutions, whether it’s a wind farm or a solar plant, that immediately reduces your consumption of electricity from fossil fuels and thereby, the need for generation

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3eaHK2J

Power situation in Punjab turns grim, power plants nearly run out of coal stock

Goods train services had resumed in the state after farmer unions on October 21, announced exempting them from their weeks-old 'rail roko' agitation over the Centre's new farm laws

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34Hh46E

Hybrid photoactive perovskites imaged with atomic resolution for the first-time

A new technique has been developed allowing reliable atomic-resolution images to be taken, for the first time, of hybrid photoactive perovskite thin films - highly favorable materials for efficient photovoltaic and optoelectronic applications. These images have significant implications for improving the performance of solar cell materials and have unlocked the next level of ability to understand these technologically important materials.

from Solar Energy News -- ScienceDaily https://ift.tt/35MOEaH

Indian Oil signs pact with IISc to develop Hydrogen generation technology

The process will help produce fuel cell grade hydrogen at an affordable price and accelerate IndianOil’s journey towards a sustainable hydrogen economy.

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

'Astro-stays' bring tourists and solar power to Himalayan villages

Global Himalayan Expedition (GHE) has brought solar electricity to more than 130 Indian villages, benefiting about 60,000 people, while setting up home-stays for tourists that have generated more than $100,000 in income for villagers.

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

Power situation in Punjab turns grim, power plants nearly run out of coal stock

Goods train services had resumed in the state after farmer unions on October 21, announced exempting them from their weeks-old 'rail roko' agitation over the Centre's new farm laws.

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

Bharat Petroleum Corp puts Bina refinery expansion plan on hold pending privatisation

The federal government wants to sell its 53.29% stake in BPCL, the country's second-largest state-run refiner, to raise funds to rein in a ballooning fiscal deficit. "It is for the new owner to decide whether they want and have the flexibility to add refining capacity," Vijaagopal told an analyst conference.

from Energy-Industry-Economic Times https://ift.tt/3oBR0BT

IOC net jumps 10-fold to Rs 6,227 cr in Q2

Fuel sales at 17.7 million tonnes was 16 per cent higher than the preceding quarter but was 12 per cent lower than 20.17 million tonnes of products sold in July-September 2019

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

Core sector shrinks less in Sept on higher coal output

Coal production jumped over 21 per cent, signalling demand from power and other industries using the fuel to blast their furnaces. And, the evidence was there in power generation, which grew 3.7 per cent in September, after falling for six straight months

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35PaeLw

Renewable energy developer ICE to raise funds of at least $200 mln, sources say

ICE has hired investment bank Morgan Stanley to launch the fundraising process, said the sources, who declined to be identified as the information is confidential

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

Mitsubishi Heavy Industries announces its first green bond

The company said it will bring environmentally improving effect by driving renewable energy or clean energy business -- including wind, hydrogen and geothermal power equipment business

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TzwP9e

BRIEF: Engie ANZ Acquires 420 MW Wind Farm in New South Wales, Australia

The $750 million facility was acquired from Wind Energy Partners Pty Ltd, and is expected to start construction in early 2022

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TF4KNT

Solar power in Africa is set to surge: Report

This is the conclusion of the Intersolar Solarize Africa Market Report 2020, prepared by the Becquerel Institute and the German Solar Association (BSW-Solar) with support from Intersolar Europe

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

HPCL board to consider share buyback on Nov 4

In a notice to the stock exchanges, HPCL said its board of directors will meet on November 4 to consider financial results for the second quarter (July-September) and half year (April-September for 2020-21 fiscal

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

Siemens sells components subsidiary Flender for 2 bn euros

The latest divestment comes just a month after the group spun off its power division Siemens Energy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kHHLO2

Thursday, October 29, 2020

Delhi: Farm fires hit season’s peak, share in PM2.5 rises to 36 per cent

According to experts, the share of stubble burning to Delhi’s PM2.5 has suddenly gone up due to the increase in the number of farm fires and extremely calm wind impacting the dispersion of pollutants

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

Government hikes ethanol price for doping in petrol by up to Rs 3.34 per litre

The move will help farmers get remunerative price while also cutting down oil imports, I&B Minister Prakash Javadekar said. As much as 10 per cent ethanol is doped in petrol

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TEtmq1

Siemens sells components subsidiary Flender for 2 bn euros

The latest divestment comes just a month after the group spun off its power division Siemens Energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31XB03n

Vestas leans into offshore wind with $838 mln buy from Mitsubishi Heavy

The acquisition, which prompted Vestas shares to jump more than 6 per cent, comes at a time when offshore wind is receiving increasing attention from governments around the world seeking to lower emissions and meet climate-change targets

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

Solar tariffs may reach a new record-low once again: Experts

“We expect aggressive bidding and possibly a new tariff low in this auction,” said Vinay Rustagi, managing director of renewable energy consultancy firm, Bridge To India. Queries sent to the Managing Director of SECI remained unanswered as of press time

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

Solar tariffs may reach a new record-low once again: Experts

“We expect aggressive bidding and possibly a new tariff low in this auction,” said Vinay Rustagi, managing director of renewable energy consultancy firm, Bridge To India. Queries sent to the Managing Director of SECI remained unanswered as of press time

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ebF6cM

BPCL Q2 profit jumps 58 per cent on refining margins, inventory gains

The company earned USD 5.8 on turning every barrel of crude oil into fuel in the second quarter of the current fiscal as compared to a gross refining margin (GRM) of USD 3.38 per barrel

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35NAWUY

MCX, IEX ink licensing agreement to launch electricity derivatives

The launch of electricity derivatives will provide an effective risk management avenue and help the value chain participants to hedge price risks and protect their revenue margins, it said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3jIa7Gq

Streetlights contribute less to nighttime light emissions in cities than expected

When satellites take pictures of Earth at night, how much of the light that they see comes from streetlights? A team of scientists have answered this question for the first time using the example of the U.S. city of Tucson, thanks to 'smart city' lighting technology that allows dimming. The result: only around 20 percent of the light in the Tucson satellite images comes from streetlights.

from Energy Policy News -- ScienceDaily https://ift.tt/3mzEy3v

New sulfur dioxide conversion method may transform current industrial techniques

A single-step, plasma-enhanced catalytic process to convert sulfur dioxide to pure sulfur from tail gas streams may provide a promising, more environmentally-friendly alternative to current multistage thermal, catalytic and absorptive processes, according to scientists.

from Renewable Energy News -- ScienceDaily https://ift.tt/37SWimz

Cabinet Committee on Economic Affairs okays higher prices for ethanol

The Cabinet Committee on Economic Affairs (CCEA) has approved higher prices for ethanol produced from various sources for blending with petrol, a move which would give a big boost to the sugar industry and help it clear pending payments of Rs 13,000 crore to cane farmers.

from Energy-Industry-Economic Times https://ift.tt/3kS9WcY

Where were Jupiter and Saturn born?

New work reveals the likely original locations of Saturn and Jupiter. These findings refine our understanding of the forces that determined our Solar System's unusual architecture, including the ejection of an additional planet between Saturn and Uranus, ensuring that only small, rocky planets, like Earth, formed inward of Jupiter.

from Solar System News -- ScienceDaily https://ift.tt/2HPCtBl
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Solar tariffs may reach a new record-low once again: Experts

In a greatly encouraging response, over 5000 MW of bids were received for the 1070 MW solar tender issued by the Solar Energy Corporation of India, which analysts said may lead to record low tariffs.

from Energy-Industry-Economic Times https://ift.tt/34C01CM

KKR launches platform to acquire renewable energy assets in India

Virescent will identify investment opportunities that have stable cash flows stemming from long-term contracts with state and central government counterparties across India.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37OKJN6

BP pitches for infra sharing with companies like ONGC; sanctity of contract

Speaking at the India Energy Forum of CERAWeek, BP's India head Sashi Mukundan said policy and decision making must support raising domestic oil and gas production by adopting best international practices. He also made a case for offering incentives for doing better than targeted production rather than imposing penalties.

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

KKR launches platform to acquire renewable energy assets in India

Virescent will identify investment opportunities that have stable cash flows stemming from long-term contracts with state and central government counterparties across India.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3e9H51e

BP pitches for infra sharing with cos like ONGC; sanctity of contract

Speaking at the India Energy Forum of CERAWeek, BP's India head Sashi Mukundan said policy and decision making must support raising domestic oil and gas production by adopting best international practices.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HIcs75

Discoms in India need to improve power quality: Survey

Appliance damages in the past one year played an important role for the customers to decide upon the quality of supply of power, it said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kFgU5e

Denmark's European Energy to build Nordics' biggest solar farm

The solar farm will be built near planned data centres as well as a major regional transformer station in the municipality of Aabenraa in Southern Jutland, it said in a statement

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3e5mUBI

Government hikes ethanol price for doping in petrol by 5% to 8%

The move will help farmers get remunerative price while also cutting down oil imports, I&B Minister Prakash Javadekar said. As much as 10 per cent ethanol is doped in petrol.

from Energy-Industry-Economic Times https://ift.tt/3jItK13

KKR launches clean energy platform Virescent Infrastructure in India

“The launch of Virescent is a meaningful milestone for KKR’s Asia Pacific infrastructure strategy amid India’s ambitions to install 175GW of renewable energy capacity by 2022 and 450GW by 2030," said Hardik Shah, Managing Director on KKR’s Infrastructure team.

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

IBM, Indian Oil Corporation collaborate for digital services

New Delhi, Oct 29 () Tech giant IBM on Thursday said it has collaborated with Indian Oil Corporation Ltd (IOCL) to transform the latter's customer experience using digital tools.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31Tvui7

Wednesday, October 28, 2020

87 per cent households have access to grid-connected power; some still don't use electricity: Survey

"Overall 87 per cent respondents said they have access to grid-based electricity. The remaining 13 per cent either use non-grid sources for electricity and lighting or don't use any electricity at all," the survey said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/34CTx6H

BP, Total remain bullish on India energy market

According to BP CEO Bernard Looney, the company’s joint venture with Reliance Industries (RIL) will, over the next four to five years, add 5,500 fuel retail outlets that will also offer new-age mobility solutions such as charging facilities for electric vehicles

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

Goa: Non-conventional sources of energy dept gets name change

In order to enable the state department achieve the targets set by the Centre for generation of green power and promotion and use of electric and hybrid vehicles, it has to establish its “appropriate domain under the Business of Government of Goa (Allocation) and (Amendment) Rules, 1995

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

Infosys becomes carbon neutral; outlines ESG vision for 2030

"Today, our 2030 vision reflects how ESG will continue to be integral to Infosys' sustainable business performance," he said in the ESG Vision 2030 report

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3oCt8Oo

US pitches cheaper solar tech to India amid high dependence on China

"We have seen recently with this pandemic, supply chain issues have arisen with countries like China and in certain cases we have become overly dependent upon one country," Brouillette said

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

More reforms in offing to raise private participation in oil, gas fields, says Oil Secy

With oil prices slumping after the pandemic pummelled fuel demand, upstream producers such as ONGC asked the government to cut oil cess and royalty

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

US pitches cheaper solar tech to India amid high dependence on China

"We have seen recently with this pandemic, supply chain issues have arisen with countries like China and in certain cases we have become overly dependent upon one country," Brouillette said

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

Infosys becomes carbon neutral; outlines ESG vision for 2030

"Today, our 2030 vision reflects how ESG will continue to be integral to Infosys' sustainable business performance," he said in the ESG Vision 2030 report

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3muXUH4

Coal India revisiting SOPs, rule books amid changing times: CMD

Stating that coal is the prime mover of the national economy and a major contributor to the exchequer and national GDP, he said that CIL is shouldering the responsibility of providing the primary source of energy to the nation at an affordable cost with due regard to the environment and conservation

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3e33M7u

US seeks broader energy ties with India amid signs of demand recovery

With Indian economy growing at "an enormous pace", the current $10 billion of energy trade between the two nations is just the "start of what will be a very long and prosperous relationship between the two countries," he said

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

Tamil Nadu gives guarantee, budgetary support for Rs 30,230 cr liquidity loans

The state has issued administrative orders for unconditional and irrevocable government guarantee and commitment letters from finance department for financial assistance of Rs 30,230 crore for loan proposed to be availed from PFC and REC Ltd, sources said.

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

Nayara Energy to expand petrol pump network by 25 pc in 1-2 years

Russian oil giant Rosneft-backed firm has about 5,800 petrol pumps across the country now, which it plans to expand to 7,300 in a year or two before "taking a pause and look at how the Indian consumer story grows", he said.

from Energy-Industry-Economic Times https://ift.tt/3jCTf47

Acme Solar asks SC to allow passing of reserved CERC orders

The Supreme Court on Monday extended the stay on functioning of two members of the CERC by four weeks. This means the power regulator will remain non-operational for at least one more month

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3msKsU8

Photovoltaics industry can help meet Paris agreement targets

To meet the Paris Agreement's goal of preventing Earth's average temperature from rising more than 2 degrees Celsius above preindustrial level, one of the best options for the energy economy will involve a shift to 100% renewable energy using solar energy and other clean energy sources. Researchers describe a model developed to predict what is necessary for the solar industry to meet Paris Agreement targets.

from Renewable Energy News -- ScienceDaily https://ift.tt/2HD6UuC

Photovoltaics industry can help meet Paris agreement targets

To meet the Paris Agreement's goal of preventing Earth's average temperature from rising more than 2 degrees Celsius above preindustrial level, one of the best options for the energy economy will involve a shift to 100% renewable energy using solar energy and other clean energy sources. Researchers describe a model developed to predict what is necessary for the solar industry to meet Paris Agreement targets.

from Solar Energy News -- ScienceDaily https://ift.tt/2HD6UuC

Photovoltaics industry can help meet Paris agreement targets

To meet the Paris Agreement's goal of preventing Earth's average temperature from rising more than 2 degrees Celsius above preindustrial level, one of the best options for the energy economy will involve a shift to 100% renewable energy using solar energy and other clean energy sources. Researchers describe a model developed to predict what is necessary for the solar industry to meet Paris Agreement targets.

from Energy Policy News -- ScienceDaily https://ift.tt/2HD6UuC

India’s largest power producer NTPC ties up with Japan Bank for Rs 3,500 crore loan

The loan proceeds will be utilised by NTPC Ltd for funding its capex for Flue Gas Desulphurisation (FGD) and renewable energy projects.

from Energy-Industry-Economic Times https://ift.tt/3273GXR

87% households have access to grid-connected power; some still don't use electricity: Survey

A majority of households (87 per cent) in India have access to grid-connect electricity, while the remaining 13 per cent are either using non-grid sources for power or "do not use any electricity at all", according to a survey.

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

Acme Solar asks SC to allow passing of reserved CERC orders

The Supreme Court on Monday extended the stay on functioning of two members of the CERC by four weeks. This means the power regulator will remain non-operational for at least one more month

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HLJ3J5

Is privatization a panacea for reforming DISCOMs?

The Ministry of Power intends to privatize DISCOMs, starting with Union Territories, as a key intervention to resurrect the power distribution business and thereby the overall Power sector.

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

Private plant to suspend power generation in Punjab

Talwandi Sabo Power Limited (TSPL) officials confirmed that their plant would suspend power generation as their coal stock was exhausted

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3oB61ne

Offshore wind firm Orsted beats third-quarter expectations

The world's largest offshore wind farm developer kept its full-year guidance for earnings before interest, tax, depreciation and amortisation (EBITDA) of 16-17 billion Danish crowns ($2.5-$2.7 billion)

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31RX3IB

Fyool app to offer cashback on fuel purchase

Users need to upload a picture of the receipts of their fuel (petrol, diesel and CNG) purchases to the app and they will receive a certain percentage of the amount as cashback

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35H4LGt

Not moving away from coal is killing 1 lakh a year in India

Workers and people living around coal mines contract diseases by inhaling coal dust and drinking polluted water. Besides, mining accidents have also been taking thousands of lives: “From 2001 to 2014, more than 7,000 accidents were reported across all coal mining companies in India

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3e5q0FV

OPINION: Leveraging international capital flows for India’s green recovery and clean energy transition

The finance sector needs to better integrate long-term climate risks into investment decisions, and work with governments and development partners to design suitable financing vehicles to help scale private capital flows for clean energy

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2G47j8T

ADNOC seeks Indian partners for $45 bn petrochem expansion plans

ADNOC CEO Sultan Ahmed Al Jaber sought opportunities to strengthen the UAE-India energy relationships, a company statement said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37P4OD8

Tuesday, October 27, 2020

Covid impact: India's solar PV installations to drop to 4 year-low in 2020, says WoodMac

The firm also said without policy enforcement, India’s 100 GW solar target is unlikely to be met.

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

Ministry of New and Renewable Energy to hold flagship green energy event from November 26-28

Prime Minister Narendra Modi is expected to inaugurate the event on November 26, sources said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31Rg7GV

Indian outfit wins UN award for efforts to combat climate change amid COVID-19

The Global Himalayan Expedition (GHE) is among the winners of the 2020 UN Global Climate Action Award.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35HRoG6

UAE's ADNOC explores more crude storage in Indian strategic oil reserves

ADNOC is the only overseas company so far that has crude stored in Indian caverns. In fact, to incentivise the storage, India has already permitted ADNOC to export oil from the reserves if there is no domestic demand for it

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3e4ctyg

Rajasthan: Despite NGT order, laying of power lines on in GIB habitat

The villagers are annoyed over the violation of NGT orders. For the last three to four days, the villagers have been trying to stop the work going on in the pasture land, but the companies are continuing nevertheless.

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

Indian outfit wins UN award for efforts to combat climate change amid COVID-19

The Global Himalayan Expedition (GHE) is among the winners of the 2020 UN Global Climate Action Award.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35IPfd8

India adds 2,320 MW solar capacity in COVID-19-hit January-September period

Prior to the pandemic, research analytics firm JMK Research had projected around 8,000 MW of utility-scale projects this year. However, only 1,400 MW worth of capacity has been commissioned over the first nine months of 2020

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

Ministry of New and Renewable Energy to hold flagship green energy event from November 26-28

Prime Minister Narendra Modi is expected to inaugurate the event on November 26, sources said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Ttsl3Z

Patel Engineering bags Rs 1,564 cr order to build 2GW hydro project in Arunachal Pradesh

Patel Engineering on Tuesday said it has won an order worth Rs 1,564.42 crore to build 2,000 MW Subansiri Lower Hydro Electric project in Arunachal Pradesh.

from Energy-Industry-Economic Times https://ift.tt/3oyIt2z

India adds 2,320 MW solar capacity in COVID-19-hit January-September period

Prior to the pandemic, research analytics firm JMK Research had projected around 8,000 MW of utility-scale projects this year. However, only 1,400 MW worth of capacity has been commissioned over the first nine months of 2020.

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

Punjab power crisis deepens, thermal plants left with 1-day coal stock

Power crisis in Punjab is inevitable since farmers’ unions had resorted to ‘rail roko’ in protest against the Centre’s agri reforms and the stopping of freight trains thereafter

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Tt8aDd

Kinetic Green plans to invest Rs 1,750 cr in golf cart, battery swapping projects in Andhra

Kinetic Green Energy & Power Solutions, which is a part of the Pune-based Kinetic Group, had in February 2018 announced setting up of a joint venture with Tonino Lamborghini in India

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

Ministry of New and Renewable Energy to hold flagship green energy event from November 26-28

In the first RE Invest which was held in 2015, investment commitments were sought from the industry and other global investors in energy. MNRE decided to shift its focus in its second RE Invest which it held in October 2018. It was an open-ended discussion on the state of the industry, rather than an effort to raise funds. The November event is likely to follow the same format.

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

Consumers may get relief on petrol, diesel prices ahead of Diwali

Oil sector experts said that with global oil prices under pressure from slowing demand in the second wave of Covid-19 pandemic sweeping several western countries, crude price could fall in coming days

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2J0lexR

OPINION: Why water digitalization should be top priority for utilities in post-Covid world

Although India’s digital journey of water is gaining momentum, we would need more constructive efforts and collaborations within water industry stakeholders to accelerate this transformation

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35CKiCH

Renewable energy industry asks for increased focus on wind-solar hybrid projects

India’s total wind-solar hybrid capacity is expected to reach 11.7 GW by 2023, according to a recent report

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37QtT0t

Renewable energy industry asks for increased focus on wind-solar hybrid projects

India’s total wind-solar hybrid capacity is expected to reach 11.7 GW by 2023, according to a recent report

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ouFLe9

Monday, October 26, 2020

Clear 10-year roadmap for clean energy needed to boost innovation: Amitabh Kant

Developing countries like India need to create standards for new technologies which sometimes become a hurdle for Indian entrepreneurs to disrupt the global market with local innovation, Kant said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35AnzHr

Clear 10-year roadmap for clean energy needed to boost innovation: Amitabh Kant

Developing countries like India need to create standards for new technologies which sometimes become a hurdle for Indian entrepreneurs to disrupt the global market with local innovation, Kant said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ov0AX3

Karnataka: MSCL pushes for green solar energy on sarkari rooftops

The company has already commissioned the 58.5-kW roof top solar project at ESI Hospital. Work on installing rooftop solar units is under progress at KFDC Building, Bolara (37.05-kW), Town Hall (44.525-kW)

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3orb7md

Prime Minister Modi brainstorms with global CEOs on energy paradigm

The meeting stretched beyond the allotted two hours as Modi engaged with the industry leaders to discuss reforms and future blueprint

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Ts83b1

Discoms told to study if Mumbai can develop emergency grid

Raut also asked them to check the feasibility of expanding the scope of the existing islanding mechanism to ensure uninterrupted electricity supply to the metro region

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3e0NlbV

BP Plc eyes India's fuel market, wants natural gas to be under GST framework

Looney said India will be the fastest-growing fuel and lubricant market in the next 20 years and his group's venture with Reliance will grow the network of petrol pumps to 5,500 in the next 4-5 years from the current 1,400

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35ESeDp

Hero Future Energies appoints Ben Fraser as first Chief Financial Officer

He has over 20 years of experience and would be overseeing both India and overseas finance functions from Delhi

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35xAVnU

Delhi Govt planning to build effective EV infrastructure

Simultaneously, DTL and Delhi DISCOMS will also conduct a joint-survey of the land parcels to identify sites for Priority 1 of the tendering process

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HAP8bl

We are looking at both green hydrogen and battery storage: Mohit Bhargava, executive director, NTPC

NTPC has set a 32-gigawatt renewable energy capacity target by 2032

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dZkzs0

Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacity

The sources said both the petroleum and food ministries are of the view that ethanol production cannot be dependent on one feedstock, that is, sugarcane, for achieving the target of 20 per cent ethanol blending with petrol by 2030

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

Former minister Dilip Ray gets 3-year jail, fined Rs 10 lakh in coal scam case

The order highlighted that to find criminality in crimes committed by white collar criminals was often a difficult task, for these crimes were committed after much deliberation and planning by “well-trained” minds that had a high status in society

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

Material properties for longer-lasting, more efficient solar cells

Researchers are helping to understand the fundamental processes in a material known as perovskites, work that could lead to more efficient solar cells that also do a better job of resisting degradation.

from Renewable Energy News -- ScienceDaily https://ift.tt/3e0DnXO

Material properties for longer-lasting, more efficient solar cells

Researchers are helping to understand the fundamental processes in a material known as perovskites, work that could lead to more efficient solar cells that also do a better job of resisting degradation.

from Solar Energy News -- ScienceDaily https://ift.tt/3e0DnXO

PM Modi underscores 7 key pillars of India’s energy strategy

He also mentioned that India has saved around Rs 24,000 crore annually through the installation of 11 million smart LED street lights which have reduced the greenhouse gas emissions by an estimated 4.5 crore or 45 MT of CO2 annually

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2J8S9R2

BP Plc eyes India's fuel market, wants natural gas to be under GST framework

BP Group CEO Bernard Looney said his firm in partnership with Reliance Industries Ltd will in the next 4-5 years set up 5,500 retail sites that will not just sell petrol and diesel but also offer mobility solutions like EV charging facility.

from Energy-Industry-Economic Times https://ift.tt/2TroaG0

India will drive global energy demand: PM Narendra Modi

India, he said, was on track to meet its COP21 commitment of raising electricity generation from renewable energy sources to 175 gigawatts by 2022.

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

Hero Future Energies appoints Ben Fraser as first Chief Financial Officer

He has over 20 years of experience and would be overseeing both India and overseas finance functions from Delhi

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31IUc4S

Taxes on petrol, diesel may go up further to mobilise additional revenue for Covid relief

This level of increase could provide government additional revenue to the tune of Rs 60,000 for full year. In the balance period, about Rs 30,000 crore could be mobilised

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

We are looking at both green hydrogen and battery storage: Mohit Bhargava, executive director, NTPC

NTPC has set a 32-gigawatt renewable energy capacity target by 2032

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

SC extends forced leave of CERC members for 4 more weeks

Due to suspension of CERC operations, all new and partly heard hearings have got delayed. Also impacted are cases where hearings have been completed and “orders reserved”

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35uKtA2

New battery tech can charge electric cars up to 90 per cent in 6 mins

In what could drive Elon Musk to push another tweet, a team of South Korean researchers have developed a faster charging and longer lasting battery material that can juice up electric cars up to 90 per cent in just six minutes.

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

India Power scales up network & distribution infrastructure

Additionally, the company has chalked out investment plans to expand its operations in new geographies and work closely with several state governments to ensure that consumers do not suffer voltage fluctuations, power failures, blackouts and load-shedding, a press statement issued by the company stated.

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

SC extends forced leave of CERC members for 4 more weeks

CERC has not held hearings since August 28 this year after the Supreme Court asked two members of CERC to go on leave till the time a member-law is appointed. This has left the regulator with just chairperson PK Pujari while the quorum for hearings is two members, besides the chair.

from Energy-Industry-Economic Times https://ift.tt/35zjB1N

Production and offtake of coal to increase in third quarter: Report

The agency in its report said that the country's coal supply is also expected to improve due to easing mobility restrictions, receding inventory levels at power stations and the government`s focus on reducing coal imports

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3jra0Pv

PM Suga says Japan will attain zero-emissions, carbon neutral society by 2050

Tokyo had previously said it would achieve carbon neutrality as soon as possible in the second half of the century, rather than set an explicit target, and its swing brings it into line with the European Union, which set a carbon neutrality target of 2050 last year

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

Singapore to trial clean energy imports from Malaysia, minister says

Singapore's Energy Market Authority (EMA) separately confirmed it will launch the trial for 100 MW of electricity imports from neighbouring Malaysia possibly by end-2021

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37G43fm

Xi's carbon neutrality vow to reshape China's five-year plan

Policymakers are under pressure to include radical climate targets in the new 2021-2025 "five-year plan", with the COVID-hit economy weighing on their decisions

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

Coal imports rise 12% to 19 million tonnes in September on improved consumption

The country imported 17.06 million tonnes (MT) of coal in September 2019, showed data available with mjunction services limited.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35tvne8

Vedanta’s debt maturities prompt credit rating warnings

Vedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year. That’s the most since 2017, according to data compiled by Bloomberg

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

Sunday, October 25, 2020

NITI Aayog begins groundwork on identifying more PSUs for sale

The government has identified more than half a dozen PSUs, including NTPC, Coal India and NMDC, for a share buyback — the government will sell part of its shares to the companies through such buyback offers.

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

Govt to seek Par nod for Rs 37K cr infra push in 2nd supplementary demands for grant

Besides, the central government approved issuance of a special interest-free 50-year loan to states of Rs 12,000 crore for infrastructure development.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35x4xlj

Daytime electricity to farms is new ‘sunrise’ for farmers: Narendra Modi

Prime Minister Narendra Modi on Saturday termed Kisan Suryodaya Yojana wherein farmers in three districts will get electricity during the day instead of night as the new dawn for state farmers.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Tnr0LR

'Lalten yug' has ended in Bihar, every house has electricity: Nitish Kumar

"Electricity has reached all houses, 'Lalten yug' has come to an end. We have made this Bihar," he said.

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

USD 75 million investment so far in four OALP bid rounds, according to DGH

In a bid to expedite oil and gas exploration and raise domestic production, the government had in 2018 launched the first bid round under the Open Acreage Licensing Policy (OALP) that allowed explorers to carve out desired areas for exploration and offered liberal terms.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35y1YiP

Canada's Cenovus to buy Husky for $2.9 billion as pandemic drives oil mergers

The collapse in fuel demand during pandemic lockdowns has put additional pressure on companies in Canada, the fourth-largest global oil producer, forcing them to cut costs

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3oq9qVZ

Big oil loses refining crutch with margins crushed last quarter

The third quarter will provide little respite to the supermajors with three out of the five expected to post losses. Trading, which brought the European firms a torrent of cash last quarter, is unlikely to save the day this time around

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

Goa: Fulfil solar power target by 2022, anti-coal activists tell govt

The anti-coal protestors picked holes in the arguments advanced by power minister Nilesh Cabral in defence of the 400 kV transmission lines and accused him of misleading the people.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35rBAaq

New plan spurs solar power plant demand check in Chandigarh

The administration has put the information about the scheme on web portal www.solarchandigarh.com, where interested consumers can apply for the same.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37zmC4W

Saturday, October 24, 2020

USD 75 million investment so far in four OALP bid rounds, according to DGH

In a bid to expedite oil and gas exploration and raise domestic production, the government had in 2018 launched the first bid round under the Open Acreage Licensing Policy (OALP) that allowed explorers to carve out desired areas for exploration and offered liberal terms.

from Energy-Industry-Economic Times https://ift.tt/2HnG3Dd

India has kept climate pledge, says Pradhan

Petroleum minister Dharmendra Pradhan tells TOI that the government has successfully used the energy space to address consumer needs, while turning it into a diplomatic and trade tool

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2J3ZiC9

Friday, October 23, 2020

Trump's description of India as filthy sets off calls for cleaner air

Defending the clean air in the United States, Trump made the comment during his final debate on Thursday with Democratic rival Joe Biden ahead of the Nov. 3 presidential election, saying "Look at India. It's filthy. The air is filthy."

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mh22u7

Sebi grants exemption to NTPC for proposed share buyback

Last week, the state- owned power generation company had approached Sebi seeking an exemption from one of its rules which bars a company from announcing buyback program pending any scheme of amalgamation

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35wG6UW

Goa: Fulfil solar power target by 2022, anti-coal activists tell govt

The anti-coal protestors picked holes in the arguments advanced by power minister Nilesh Cabral in defence of the 400 kV transmission lines and accused him of misleading the people

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

PM Modi to interact with CEOs of global oil and gas companies

India is an important player in the global Oil and gas sector, being the third-largest consumer of crude oil and the fourth-largest LNG importer

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Hw22HK

Stars and planets grow up together as siblings

ALMA shows rings around the still-growing proto-star IRS 63.

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

BPCL to launch 2 high-end lube variants next week

BPCL sells around 3.3 lakh tonnes of lubes under the main brand of Mak annually, which is worth around Rs 3,000 crore in terms of value.

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

Charging electric cars up to 90% in 6 minutes

POSTECH Professor Byoungwoo Kang's research team uncovers a new Li-ion battery electrode material that can achieve high-energy density and high power capability per volume without reducing particle size.

from Batteries News -- ScienceDaily https://ift.tt/31ANptA

OPINION: Why climate adaptation should be top priority in India's climate agenda

Along with growth & recovery, we should aspire to make India more sustainable and resilient. First step is to prioritize climate adaptation in our national climate agenda as Plan A.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dTq5ws

HPCL raises Rs 2,000 cr debt

New Delhi, Oct 23 () Hindustan Petroleum Corp Ltd (HPCL) on Friday said it has raised Rs 2,000 crore in debt for funding its capital expenditure during the current year.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kq75rA

India’s newest LNG terminal at Mundra nears 50 per cent capacity utilization

The Gujarat government-backed GSPC LNG project at Mundra, which is co-promoted by the Adani Group, began commercial operations in February this year with 5 million tonnes per annum (MTPA) installed capacity and built at a cost of about Rs 5,000 crore

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

Visibility and Stability of Regulation is of Paramount Importance: EDF Group

Q&A with Bruno Bensasson, Senior Executive Vice President, Renewable Energies, EDF Group

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

U.S. solar stocks rise on Biden's clean energy focus in pre-election debate

SOLAR-STOCKS/U.S. solar stocks rise on Biden's clean energy focus in pre-election debate

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dPsrw6

Power PPAs cannot be terminated during insolvency process

So, the moratorium rules under Insolvency and Bankruptcy Code (IBC), where all debt resolution action is suspended during CIRP, would apply to power project as well including the PPA contracts it signed with beneficiaries

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mi3tZw

India's new Mundra LNG terminal ramps up utilisation as demand rises

Jointly owned by Gujarat State Petroleum Corp (GSPC) and Adani Group through GSPC LNG, the terminal in western Gujarat has annual capacity of five million tonnes, and its current throughput is running at over 2.2 million tonnes per annum (mtpa), GSPC's managing director Sanjeev Kumar told Reuters.

from Energy-Industry-Economic Times https://ift.tt/2HqC1K8

Aviation Ministry allows NTPC to use drones for research, inspection at its 3 thermal power plants

Granting the public sector unit (PSU) a "conditional exemption" from some of the drone rules, the ministry said NTPC can use drones at Vindhyachal super thermal power station and Gadarwara super thermal power plant, both in Madhya Pradesh, and Sipat super thermal power project in Chhattisgarh.

from Energy-Industry-Economic Times https://ift.tt/3dOSeo4

No change in petrol and diesel prices

Retail prices of petrol and diesel remained unchanged on Friday as softer global crude and product prices prevented Indian oil marketing companies from carrying out any revision in prices.

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

Over 1 crore consumers never paid their power bills in UP

Amid UP government's promise to provide round-the-clock power supply to the consumers, and the proposal to privatise Purvanchal distribution company

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

Air quality dips to 'very poor' in the national capital

Air Quality Index (AQI) was recorded at 387 in Anand Vihar, 333 in RK Puram, 391 in Rohini, and 390 in Dwarka, all four in the 'very poor' category, as per Delhi Pollution Control Committee (DPCC) data.

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

Thursday, October 22, 2020

Australia fast tracks mega renewable energy, hydrogen project

Canberra on Friday said it had awarded "major project status" to Asian Renewable Energy Hub (AREH), a $36 billion project that aims to initially build 15 gigawatts of power capacity and eventually expand to 26 GW.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3maKK1R

Over 1 crore consumers never paid their power bills in UP

Significantly, of the over 1 crore consumers who have never paid their electricity connection, maximum 43 lakh -- out of total 83 lakh -- are from the Purvanchal Discom alone

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mf4uRO

Setting up solar manufacturing capacity is a low-hanging fruit: Azure Power CEO

He said almost Rs 80,000 crore to Rs 85,000 crore of solar equipment is imported from China every year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ohLK5X

Maharashtra invites Tesla after Elon Musk hints entry into country

In a tweet on Thursday, state tourism and environment minister Aaditya Thackeray said he and industries minister Subhash Desai held a video call with Tesla executives earlier in the day to invite them to the state

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

Essar Group to pump Rs 35,000 crore into Gujarat

When contacted, an Essar group spokesperson said that senior executives have been visiting senior government officials to discuss their current investments in ports and power sector in Gujarat

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37Bqm5Q

Indian Oil board to consider issuing bonds and debentures for raising up to ₹20,000 crore

The borrowing would be carried out in one or more tranches, the company said in a regulatory filing on Thursday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dQ4yV5

Detecting early-stage failure in electric power conversion devices

Researchers used acoustic emission during power cycling tests to monitor in real time the complete failure process--from the earliest stages -- in silicon carbide Schottsky diodes. This development will help solve wear-out failure problems that are limiting advanced applications in computers, solar cells, and many other devices.

from Solar Energy News -- ScienceDaily https://ift.tt/35iEeze

Vestas keen to expand in India as wind market improves

Many wind turbine manufacturers – domestic and global – believe that the tariffs reached in Indian wind auctions are too aggressive and the margins too low.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3odDy6N

Mideast share of India's Sept oil imports falls to 4-month low

Lower purchases from Iraq and other regional producers squeezed Middle East producers' share of India's September market to about 61 per cent, according to the data

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

Vestas keen to expand in India as wind market improves

Many wind turbine manufacturers – domestic and global – believe that the tariffs reached in Indian wind auctions are too aggressive and the margins too low.

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

NHPC plans to develop 600-MW ultra mega solar park in Uttar Pradesh

It said the project is expected to be completed by the end of 2022 or beginning of 2023

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

NHPC plans to develop 600-MW ultra mega solar park in Uttar Pradesh

It said the project is expected to be completed by the end of 2022 or beginning of 2023

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Hf88wp

Solar projects already meet BP's profit goals, Lightsource BP says

It is a key element in BP CEO Bernard Looney's plan to grow BP's renewable power generation capacity 20-fold by 2030 to 50 GW from solar and wind power

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

Indonesian govt finalises new rules for renewable electricity

He said the government hoped the new regulation would improve the appetite for investment into renewables

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37x368X

ONGC wins 7 oil blocks, OIL 4 in latest bid round

The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP).

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Tel087

Fuel prices stay static, petrol ends month without revision

Along with petrol, oil companies also kept the diesel prices unchanged even though the product has got back on demand cycle this month

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

Global wind energy firm Vestas to expand footprint in India

Industry insiders claimed that the company was not taking on new orders because it felt India is not as profitable a market as some others.

from Energy-Industry-Economic Times https://ift.tt/3ocQt93

ONGC wins 7 oil blocks, OIL 4 in latest bid round

The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP). A total of 12 bids -- seven bids by Oil and Natural Gas Corp (ONGC) and four by Oil India Ltd (OIL) -- were received for the 11 blocks on offer at the close of bidding on June 30.

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

MERC begins hearing on Mumbai power outage, may pass directions soon

MERC, which had earlier sought statements from the stakeholders which involve power generation and distribution companies, put up a few additional questions to the stakeholders and gave them time to reply

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35hF1QY

'First run' tag for green norm-adopting thermal power plants: CSE

CSE has also urged to increase penalties for those power plants which are not showing any interest in adopting such norms to decrease emission

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

Indexed renewable energy tariffs can save up to Rs 21,880 cr for discoms over 5 yrs: Study

Zero indexation tariffs have been the norm in India for many years, co-authors CEEW-CEF Adviser Gagan Sidhu and IEEFA Research Analyst Kashish Shah said in the study

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35kNwuB

ETRise Top MSMEs Ranking: Want to slash your electricity bill by 80 per cent? Kor Energy has the solution

Renewable energy has repeatedly been the solution towards attaining a sustainable lifestyle. Tapping into this market, Kor Energy India aims to save high electricity charges of industrial establishments through rooftop solar plants

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

Neutralising negative growth, Coal India poised for output ramp-up

CIL, induced by COVID-19 stifled slowdown during the first quarter of FY'21, suffered 11.6 per cent growth constriction in production and 21.5 per cent slump in offtake

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

Iberdrola's green deal is pricy bet on Biden win

Iberdrola's $50.3 per share offer is just 10 per cent above Tuesday's closing price - and 10 per cent below PNM's pre-coronavirus high in February

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m8PaGr

Iberdrola secures 98.25 per cent stake in Australian Infigen

Philippine conglomerate Ayala was the first bidder for the renewable energy company back at the beginning of June in an offer that valued the company at about A$777 million ($551.98 million)

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TecN3M

Wednesday, October 21, 2020

ETEnergyworld Energy Transition Summit: RE and coal sector experts to lay roadmap for future

The summit, a joint digital initiative of ETEnergyworld and CarbonCopy, would comprise two panel discussions to discuss the future of coal in India and the way ahead for a successful integration of renewable energy in the country's energy basket.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kfH4v4

BPCL Trust for Investment in Shares sells scrips worth Rs 1,489 cr in BPCL

According to a block deal on the National Stock Exchange (NSE), the BPCL Trust for Investment in Shares sold over 4.33 shares of BPCL at a price of Rs 343.35 apiece

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35kUi3A

Mideast share of India's September oil imports falls to four-month low: sources

Last month, India's oil imports from its top oil supplier Iraq declined by about 18 per cent from August, the data showed, as OPEC's second biggest producer deepened output cuts to compensate for overproduction

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

Indexed renewable energy tariffs can save up to Rs 21,880 cr for discoms over 5 yrs: Study

Zero indexation tariffs have been the norm in India for many years, co-authors CEEW-CEF Adviser Gagan Sidhu and IEEFA Research Analyst Kashish Shah said in the study

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3meY6dv

ALMA shows volcanic impact on Io's atmosphere

New radio images from ALMA show for the first time the direct effect of volcanic activity on the atmosphere of Jupiter's moon Io.

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Indexed renewable energy tariffs can save up to Rs 21,880 cr for discoms over 5 yrs: Study

Indian solar power tariffs hit a record low of Rs 2.36 per unit in June 2020, with zero inflation indexation for 25 years.

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Consumers may get relief on petrol, diesel prices this festive season

Oil sector experts said that with global oil prices under pressure from slowing demand in the second wave of Covid-19 pandemic sweeping several western countries, crude price could fall in coming days

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2TdtPz5

India allows UAE's ADNOC to export oil from strategic reserve

The Union cabinet has allowed Abu Dhabi National Oil Co (ADNOC)to export oil from its Mangalore strategic petroleum reserve (SPR), a minister said, marking a policy shift that could enhance foreign participation as India seeks to expand its storage capacity.

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Britain's wind power capacity could grow by 5 per cent this winter-research

The analysts said 1.3 gigawatts (GW) of new capacity could come online through March next year, which would take total capacity to 25.4 GW, a rise of 5per cent

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

ONGC set to merge refining subsidiary MRPL with HPCL by June 2021

Sources said that the process of merging ONGC's two oil refining subsidiaries, HPCL and MRPL, will be started immediately after the company completes merging ONGC Mangalore Petrochemical Ltd (OMPL) with MRPL by June 2021

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m64Vhl

UK's HS1 becomes the country's first renewable-powered railway

HS1, the country's only high speed railway, said in a statement on Wednesday that its energy supplier had provided certificates confirming that energy used by its trains and at its stations came from renewable sources

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Cairn Oil & Gas appoints Prachur Sah as Deputy CEO

Prachur brings over two decades of rich experience in the energy sector and joined Cairn Oil & Gas in 2018 from Schlumberger where he was the Managing Director - India & Bangladesh.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mdUjx7

EU opens anti-dumping probe into Chinese steel wind towers

The European Commission, which coordinates trade policy for the 27-nation European Union, has concluded there is sufficient evidence of dumping to justify the start of proceedings

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kvM3rT

Iberdrola's Avangrid to buy US firm PNM Resources for $4.3 bln

Absorbing PNM into Avangrid will create the third-largest renewable energy operator in the United States, with business spanning 24 states, Iberdrola said in a statement

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Iberdrola pledges more growth as 9-month profit rises 4.7 per cent

Boasting more than 32GW of renewable generation capacity in markets including Spain, the United States, Brazil and Britain, Iberdrola is capitalising on rising global enthusiasm for cutting carbon emissions

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3dJ0tSA

Government pushes strategic PSU sales, 4 companies may net Rs 49,000 crore

The BPCL disinvestment, which is key to achieving the Rs 1.2-lakh-crore target for the year, is expected to get moving now as oil prices have improved and the PSU is not carrying inventory acquired at higher cost

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HhQRm0

Tuesday, October 20, 2020

NHPC Board approves merger of Lanco Teesta Hydro Power with it

The Board of Directors of state-run hydro power major NHPC on Tuesday approved the proposal to merge Lanco Teesta Hydro Power Ltd with it.

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

Equinor bids for two wind power projects off U.S. East Coast

Equinor, which is already developing the 816-megawatt capacity Empire Wind Phase 1 offshore wind park, plans to use the South Brooklyn Marine Terminal for construction activities, it added in a statement

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ReNew raises $325 million via overseas bond

Bonds were initially planned to offer 5.875 percent with three and a half-year maturity but finally priced at about 5.375 percent, the tightest yield the company never attained before.

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Govt bans sale of gas, CBM to self

The government on October 15 notified the Natural Gas Marketing Reforms that give producers the freedom to discover the market price of gas through a standard e-bidding process.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ITMaj3

ReNew raises $325 million via overseas bond

Bonds were initially planned to offer 5.875 percent with three and a half-year maturity but finally priced at about 5.375 percent, the tightest yield the company never attained before.

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Dharmendra Pradhan launches trial run of Delhi's buses on Hydrogen-blended CNG

Speaking on the occasion, Pradhan said that providing clean and reliable energy supplies to 130-crore plus Indians is the topmost priority of the Government

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AP to set up 7 storage plants to tackle power fluctuations

The PSP mode is likely to balance fluctuations in total input power from the existing renewable energy plants depending on solar and wind power stations. PSP projects will act as largescale energy storage stations

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m1CaSM

OPINION: No silos allowed in the pursuit of a greener economy

From product re-design, to innovative technologies that can produce bio-polymers from crop waste, there is a real drive to move forward and begin to tackle the big issues that are facing the planet.

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

Cairn Oil & Gas appoints Prachur Sah as Deputy CEO

Prachur Sah earlier held the role of Director - New Ventures and spearheaded the company's expansion efforts under the Open Acreage Licensing Policy (OALP) rounds.

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

Ultraviolet shines light on origins of the solar system

In the search to discover the origins of our solar system, an international team including planetary scientists has compared the composition of the sun to the composition of the most ancient materials that formed in our solar system: refractory inclusions in unmetamorphosed meteorites.

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Government bans sale of gas, coal-bed methane to self

The notification, which follows the Cabinet Committee on Economic Affairs approving gas reforms, also gives them the liberty to market or sell the gas produced to anyone including affiliates. However, the producer or any member of its gas field consortium cannot bid and buy the fuel, the notified guidelines said.

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

Hydropower company NHPC designates Rajendra Prasad Goyal as Chief Financial Officer

Prior to taking over charge as Director (Finance), he was working as Chief General Manager (Finance). Goyal started his career in NHPC as Senior Accountant in 1988.

from Energy-Industry-Economic Times https://ift.tt/2FKidk9

Moody's places Vedanta Resources under review for downgrade

On October 10, the company announced that its voluntary delisting offer -- to acquire the balance shareholding in Mumbai-listed Vedanta Ltd and then delisting it from the stock exchange -- had failed at the reverse book building stage

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

PFC to fund Vapi project, extends Rs 2,070 crore to Sterlite Power

The financial closure is achieved within four months of the SPV acquiring the project in June this year.

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PFC to fund Vapi project, extends Rs 2,070 cr to Sterlite Power

The financial closure is achieved within four months of the SPV acquiring the project in June this year.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2T9PLLz

NTPC Dadri: Striving to become cleanest coal-fired plant of India

"Dadri power station, which causes immense pollution in the city despite crossing its threshold of completing 25 years, is being planned to be renewed by the Centre," Jain had alleged

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Ta5pGL

India Smart WaterTech Series: Experts call for holistic technology solution for Non-Revenue Water

The virtual event was the second of a three part series of Webinars called India Smart WaterTech Series. It went live Thursday focusing on Leveraging Technology to Address Non-Revenue Water.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35avMC4

German, Danish power grid firms launch Baltic Sea wind link

The interconnector joins the offshore wind parks Baltic 1, Baltic 2 and, from 2021 with Kriegers Flak, allowing electricity production from those plants to flow to both markets, the two companies said in a joint statement

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2H7cvJV

Green recovery plans can boost jobs more than 'return-to-normal' stimulus: Study

In all geographies modelled, including the EU, Germany, Poland, the UK, the US and India, green recovery plans were found to be more effective than return-to-normal stimulus approaches that reduce VAT rates and encourage households to resume spending

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m0ssjN

Green recovery plans can boost jobs more than 'return-to-normal' stimulus: Study

In all geographies modelled, including the EU, Germany, Poland, the UK, the US and India, green recovery plans were found to be more effective than return-to-normal stimulus approaches that reduce VAT rates and encourage households to resume spending

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35divIZ

Monday, October 19, 2020

MNRE proposes draft policy for promoting distributed renewable energy

DRE applications are those which are powered by renewable energy and used for earning livelihoods directly such as solar dryer, solar powered cold storage, solar charkha, solar lighting systems

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3jeM41F

MNRE proposes draft policy for promoting distributed renewable energy

DRE applications are those which are powered by renewable energy and used for earning livelihoods directly such as solar dryer, solar powered cold storage, solar charkha, solar lighting systems

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37AwT0T

OPINION: Switching to solar power - An eco-friendly way to conserve and economize businesses

Only through a deeply-seated change that involves a gradual transition to solar power and setting up novel solar parks can India hope to become a sustainably-charged solar giant

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37ArcA3

Inox Wind wins 40 MW orders from retail customers

The contracts include supply and commissioning of 2 MW DFIG 113 meters rotor diameter wind turbine generators as well as providing comprehensive operations and maintenance services for the life time of the project, it added

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Reliance says India will fully shift to renewable energy in next few decades

Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in western India, aims to become a net zero carbon company by 2035.

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

Snubbing technique unit from Canada to control Assam's Baghjan blowout

"Overall impact of the blowout has decreased to a great extent. We'll use a new technique - snubbing technique unit. It is being brought from Canada's Alberta. The work will be done by experts, seven experts are here," said Tridiv Hazarika

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2T6ZS3R

No more extension of BPCL privatisation bid deadline: DIPAM Secy

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

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

Awarded FGD installation orders for 50 GW thermal power generation capacities: NTPC

The company has placed award (of contract) for 50 GW of FGDs at various locations so far till date, it said in a statement

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37os8XY

IOC to offer differentiated fuels, hydrogen-spiked CNG

In an interview with , Indian Oil Corp (IOC) Chairman Shrikant Madhav Vaidya said the intention is to become energy company of the country and not just be restricted to selling petroleum products

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

Reliance says India will fully shift to renewable energy in next few decades

Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in western India, aims to become a net zero carbon company by 2035.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35iTfRL

ConocoPhillips to buy Concho Resources for $9.7 bln in 2020's top shale deal

The all-stock deal comes as US shale companies have posted big losses due to weak crude prices amid the COVID-19 pandemic and have struggled to raise new capital to restructure debt

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2T7Ujls

GEECL says its Asansol unit gheraoed since Saturday, staffers stuck inside

The company has also temporarily shut CNG supply that could hit the movement of vehicles in the Durgapur-Asansol region, it said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2T6fgxr

Magnetic fields on the moon are the remnant of an ancient core dynamo

A long discussed theory about the local magnetic spots of the moon suggests that they are the result of magnetization processes caused by impacts of massive bodies on the moon surface. A new study now shows that the Moon must have had an internal core dynamo in the past.

from Solar System News -- ScienceDaily https://ift.tt/34aJRjr
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Quantum engines with entanglement as fuel?

It's still more science fiction than science fact, but perfect energy efficiency may be one step closer due to new research by physicists.

from Fuel Cells News -- ScienceDaily https://ift.tt/3dG4sPT

Sitharaman tells central PSUs to scale up capex in FY21, FY22

Sitharaman told the Secretaries concerned to closely monitor the performance of CPSEs in order to ensure the capital expenditure to the tune of 75 per cent of the capital outlay by the end of Q3 of FY 2020-21 and make appropriate plan for it

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Hi7bmE

No more extension of BPCL privatisation bid deadline: DIPAM Secy

The government had on four occasions extended the date of putting in the preliminary expression of interest for buying out the majority stake in Bharat Petroleum Corp Ltd (BPCL). The current deadline is November 16.

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

'12% returns on network sharing offers cushion against competition'

The PNGRB's draft regulations propose calculation of network tariff based on the cost of service plus a post -tax RoCE of 12 per cent. The cost of service is defined as operating cost including depreciation, while capital employed is the sum of net fixed assets and normative working capital

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35asxKN

India's top oil firm IOC to offer differentiated fuels, hydrogen-spiked CNG

In an interview with PTI, Indian Oil Corp (IOC) Chairman Shrikant Madhav Vaidya said the intention is to become energy company of the country and not just be restricted to selling petroleum products.

from Energy-Industry-Economic Times https://ift.tt/3m1iQ8w

Explained: What is HCNG and what are its benefits?

HCNG is a hydrogen-enriched compressed natural gas (CNG). In Delhi, instead of physically blending hydrogen with CNG, hygrogen spiked CNG will be produced using compact reforming process patented by Indian Oil Corporation

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

India government asks at least eight state-run companies to consider buybacks - sources

The eight companies that have been asked to consider share buy backs include Coal India , NTPC , NMDC and Engineers India Ltd , one of the government sources, who did not want to named, said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kbJ87p

India to gradually move towards alternative fuels: Oil secretary Tarun Kapoor

“The plan is to reach a level in major cities where diesel vehicles will be ultimately eliminated to be replaced by affordable and accessible Compressed Natural Gas (CNG),” Kapoor said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HczJy7

PM to inaugurate India Energy Forum next week

"The event will convene an international group of speakers and delegates as well as a community of a thousand delegates from India and regional energy companies, energy-related industries, institutions and governments," it said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31lKm8z

OMCs continue to hold petrol, diesel prices across metros

Petrol prices have been unchanged for 26 days at a stretch while diesel prices were the same for the 16th consecutive day

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o4GSkQ

Sunday, October 18, 2020

ONGC sells Dec-loading Russian Sokol crude at wider discount: Sources

Prices of Sokol crude, which yields more middle distillates like jet fuel and gasoil from refining, took a hit this year as transport fuel demand slumped due to government measures to contain the COVID-19 pandemic.

from Energy-Industry-Economic Times https://ift.tt/3dEWre0

Repos Energy to deploy 1k mobile pumps by year-end

Repos Energy counts Ratan Tata as its marquee investor. “We have a well-targeted plan of boosting our production and so far we have been successful,” said Chetan Walunj, co-founder, Repos Energy

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35ez33l

US-based True North Venture Partners eyes bio-ethanol investment

The government has targeted 10% blending of bioethanol in petrol by 2022, which will rise to 20% by 2030, to reduce dependence on oil imports and cut carbon emissions. Currently, the US Department of Agriculture pegs the rate at 5.2%, according to its annual report on biofuels.

from Energy-Industry-Economic Times https://ift.tt/348fsSY

True North eyes bio-ethanol investment, acquires Synata Bio in India

This partnership claims to provide much cheaper ethanol production from coal, TNVP's founder Michael Ahearn told ET.

from Energy-Industry-Economic Times https://ift.tt/3m43gcd

Delhi: From tomorrow, 50 buses to run on fuel that’s cleaner than CNG

A cleaner fuel compared with CNG, HCNG will be used to run 50 buses as part of a pilot project for six months from the Rajghat-1 bus depot

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

India set to lose Farzad-B gas field in Iran: Sources

ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), had in 2008 discovered a giant gas field in the Farsi offshore exploration block

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

Vedanta, Hyderabad company bid for Lanco Amarkantak Power

Bidders are said to have made offers raging from ₹2,000 crore to ₹3,000 crore each to take over the power plant located in Chhattisgarh

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m44X9h

Power consumption grows 11.45 per cent to 55.37 billion units in first half of October

Thus, the extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month, according to experts

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3je61Wm

Saudi Aramco and SABIC reassess crude-oil-to-chemicals project

The decision comes as oil companies globally re-assess energy projects to conserve cash, with a collapse in demand caused by the coronavirus pandemic threatening to keep crude prices weak for a long time

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lWFC16

Adani to complete 1,000 MW transmission line to Mumbai by December 2022

In a review meeting taken following last Monday's power outage, Maharashtra Chief Minister Uddhav Thackeray had asked all stakeholders to expedite the project by adhering to the timelines.

from Energy-Industry-Economic Times https://ift.tt/2T72ZIQ

CSE to introduce "First Run" to encourage cleaner power stations

As part of its initiatives to build an ecosystem of incentives and deterrence measures, the Centre for Science and Environment (CSE) has developed a new concept called ‘First Run.’

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m2tmwd

India set to lose Farzad-B gas field; Iran to prefer domestic companies over foreign firms

After sitting over OVL's proposal for years, the National Iranian Oil Co (NIOC) informed the firm in February this year about its intention to conclude the contract for Farzad-B development with an Iranian company, sources with direct knowledge of the development said.

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

Saturday, October 17, 2020

Power consumption grows 11.45% to 55.37 billion units in first half of October

Power consumption in the country was recorded at 49.67 BU during October 1-15 last year, according to the power ministry data. For a full month in October last year, power consumption was 97.84 BU. Thus, the extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month, according to experts.

from Energy-Industry-Economic Times https://ift.tt/2H1bsLy

Notice to Tata Power for failing to jumpstart hydro, thermal plants

As part of the inquiry to ascertain the reasons behind the massive power outage on October 12, government agencies have questioned Tata Power’s inability to protect the island city, and partly the suburbs, from a blackout by kicking in the islanding system

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nVlD4G

MSEDCL scuttling solar roof top sector though negative policies: Industry body

Saket Suri of MASMA told TOI that since April 2019 there was no subsidy scheme for solar roof top in Maharashtra and MSEDCL demanded just 25MW subsidies for the entire state from MNRE last year

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

Rs 1.08 lakh crore worth loans sanctioned under discom liquidity package

"Till date, REC and PFC (Power Finance Corporation) have sanctioned Rs 1.08 lakh crore and released nearly Rs 30,000 crore to discoms under the scheme," REC said in a statement.

from Energy-Industry-Economic Times https://ift.tt/2T1I9eb

Trial run of H-CNG powered city buses to begin in Delhi Oct 20

"He will inaugurate a compact reformer plant set up by Indian Oil Corporation Ltd (IndianOil) at Rajghat Bus Depot-I of the DTC," the Indian Oil Corporation said in a statement on Friday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3k75gjp

Friday, October 16, 2020

New York approves rules allowing state to procure renewable power

New York has mandated that 70% of the state's electricity come from renewable sources by 2030 and all power come from zero-emission sources by 2040.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Hgw7ek

Tata Power plans to create InvIT for renewables business; shares rise over 2 per cent

The Tata Group company has filed an application with market regulator Sebi (Securities and Exchange Board of India) for an in-principal approval for creation of an InvIT

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

Suzlon Group appoints Ashwani Kumar as group CEO

Kumar, who has over three decades of experience in projects, business development and finance at leading Indian power and infrastructure companies, is an alumnus of IIM Bangalore and The Harvard Business School

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o9Hi9A

Harnessing power: Prayagraj to house state’s first, world’s tallest solar tree

A solar tree is a single-pillar structure saddled with modules to mobilise solar energy like a tree trunk and can be an artwork or a power generator

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3j7KxKX

Massive fire breaks out in underground gas pipeline of ONGC in Gujarat

Official sources said that the fire broke out due to the leakage or rupture in the underground gas pipeline of ONGC passing from an agricultural farm land in Kadodara village in Vagra taluka

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2FBy5W5

Suzlon Group appoints Ashwani Kumar as group CEO

Kumar, who has over three decades of experience in projects, business development and finance at leading Indian power and infrastructure companies, is an alumnus of IIM Bangalore and The Harvard Business School

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3j5S5xQ

Harnessing power: Prayagraj to house state’s first, world’s tallest solar tree

A solar tree is a single-pillar structure saddled with modules to mobilise solar energy like a tree trunk and can be an artwork or a power generator

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nYeUH7

Tata Power plans to create InvIT for renewables business; shares rise over 2 per cent

The Tata Group company has filed an application with market regulator Sebi (Securities and Exchange Board of India) for an in-principal approval for creation of an InvIT

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3j6Lhjx

Two planets around a red dwarf

Astronomers have detected two exoplanets orbiting the star TOI-1266. The telescope thus demonstrates its high precision and takes an important step in the quest of finding potentially habitable worlds.

from Solar System News -- ScienceDaily https://ift.tt/357nLO3
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Perovskite tandem solar cells

Scientists have revealed the significant improvements they are making in perovskite-based solar cells.

from Solar Energy News -- ScienceDaily https://ift.tt/31dK3fU

Andhra Pradesh has commissioned 8,207 MW renewable energy capacity so far

Of the 8,207 MW capacity installed till September, wind energy projects took the largest share with 4,080 MW capacity

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ICbJ82

NIWE initiates project to collect wind data in Ladakh

Six wind masts have also been transported to the region after the completion of site visits

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lVSy7E

India’s installed RE capacity reached 89.22 GW as on 30 Sept 2020: MNRE

This 89.22 GW capacity included 38.12 GW of wind power, 36.05 GW of solar capacity, 10.31 GW of biopower and 4.74 GW of small hydro power capacity

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31e3llI

Coal India declares performance linked reward to employees

The reward is linked to attendance of the workforce during the year and the payment would be made before October 22, a company executive said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2H52Sez

Tata Power says supporting central team’s probe into large-scale power outage in Mumbai

Maharashtra chief minister Uddhav Thackeray ordered an enquiry and union power minister RK Singh said that a central team would visit Mumbai to identify problems and work out solutions

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3j5MhnZ

BPCL tries again to cut dependence on Middle East LPG

A buyer of liquefied petroleum gas — Bharat Petroleum Corporation Ltd is once again attempting to ease its dependence on Middle East shipments after some supply shocks last year stemming from drone attacks and even a trade war. BPCL is seeking bids from global suppliers for a fifth of its typical LPG needs in 2021.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3k694RI

Tata Power says supporting central team’s probe into large-scale power outage in Mumbai

After the large-scale power outage in the financial capital of the country, Maharashtra chief minister Uddhav Thackeray ordered an enquiry and union power minister RK Singh said that a central team would visit Mumbai to identify problems and work out solutions.

from Energy-Industry-Economic Times https://ift.tt/3nWZC5x

CERC issues statutory advise to power ministry against framing of 3 rules; cites jurisdictional overlap

CERC has issued such statutory advice to the government earlier in June this year but the same is used sparingly by the regulator. Prior to June, CERC had issued such advice to the power ministry in 2016

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

CERC issues statutory advise to power ministry against framing of 3 rules; cites jurisdictional overlap

ET had Oct 14 reported that CERC has advised the government against introducing rules to lower late payment surcharge on distribution companies, saying they are non-tenable under law and may lead to infringement of its jurisdiction, said people aware of the matter.

from Energy-Industry-Economic Times https://ift.tt/353lZ0r

October diesel sales rise above pre-COVID levels

Diesel sales by the country's three state fuel retailers rose 8.8% year on year in the first half of October, according to provisional data compiled by Indian Oil Corp , the country's biggest refiner and fuel retailer.

from Energy-Industry-Economic Times https://ift.tt/31chv6G