Monday, November 30, 2020

CNG stations at petrol pumps not to be opened for third party access

Petroleum and Natural Gas Regulatory Board (PNGRB) has notified the final regulations, governing open access for city gas distribution (CGD) networks whose marketing exclusivity period has ended.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36qCDcm
Posted by at No comments:
Labels:

View: The time is now to usher in a Green Industrial Revolution

Because while the world has been dealing with the coronavirus, the dangers of global warming have continued to become more evident. From catastrophic cyclones and flooding in many parts of India to unprecedented heatwaves in Siberia and wildfires in vast areas of the western United States and Australia.

from Energy-Industry-Economic Times https://ift.tt/2HY3Z08
Posted by at No comments:
Labels:

Petrol prices witness steep rise following successive rate hikes

Petrol and diesel rate rise has followed a sprint in international crude oil prices that are up a quarter in November

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KNhQY4
Posted by at No comments:
Labels:

Orsted wins right to stick with 19th century physicist's name

ORSTED-COURT/ (UPDATE 1)UPDATE 1-Orsted wins right to stick with 19th century physicist's name

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37iNzbg
Posted by at No comments:
Labels:

Gujarat: Strong gusts push up wind power generation

The average wind power production jumped to 1,808MW on Sunday, which was almost six times the 315MW generation registered on Monday last week

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36pgs6h
Posted by at No comments:
Labels:

Remote Photoksar hamlet of Ladakh gets electricity for first time

As cities across the country adopt the latest technological advancements, residents of this hamlet are celebrating getting electricity for the first time post Independence.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3oo94P1
Posted by at No comments:
Labels:

Oil prices fall as OPEC+ talks delays raise supply concerns

Opening trading for December Brent crude was down 20 cents, or 0.4% at $47.68 a barrel by 0136 GMT, after dropping more than 1% on Monday.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37pjy9I
Posted by at No comments:
Labels:

Remote Photoksar hamlet of Ladakh gets electricity for first time

As cities across the country adopt the latest technological advancements, residents of this hamlet are celebrating getting electricity for the first time post Independence.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36pxX6M
Posted by at No comments:
Labels:

Exxon tries to put the worst behind it with $20 bln writedown

While smaller than the up to $30 billion charge the company forecast a month ago, the quarterly charge to earnings reflects the company's recent reduction in its outlook for oil and gas prices

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lpsEs7
Posted by at No comments:
Labels:

OPINION: Emerging role of oil companies in a ‘net zero’ world

Change in climate conditions and increasing awareness about environment sensitivity raise complex questions to oil and gas industry about their role in the future energy economy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3obiBbN
Posted by at No comments:
Labels:

Investment manager ADM Capital to launch Asian debt fund for renewables

The fund will provide medium term debt financing for renewable energy developers and projects, ADM Capital said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Jwk5yw
Posted by at No comments:
Labels:

European Union set to meet two of its three 2020 climate goals

Outlined in 2007 and adopted in 2009, the three goals include a reduction of greenhouse gas emissions by at least 20 percent from 1990 levels

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o8TpCU
Posted by at No comments:
Labels:

Blueleaf Energy forays into domestic solar market, acquires Vibrant Energy

Blueleaf Energy, however, didn't provide any details about the acquisition cost or the stake it has acquired in the Hyderabad-based company.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mrxUg2
Posted by at No comments:
Labels:

CNG stations at petrol pumps not to be opened for third party access

Petroleum and Natural Gas Regulatory Board (PNGRB) has notified the final regulations, governing open access for city gas distribution (CGD) networks whose marketing exclusivity period has ended.

from Energy-Industry-Economic Times https://ift.tt/3mnv23X
Posted by at No comments:
Labels:

Petrol prices witness steep rise following successive rate hikes

Since 19th November, petrol prices have risen by Rs 1.28 per litre while diesel prices are up by Rs 1.96 per litre. Petrol sold for Rs 82.34 per litre on Monday in Delhi, the highest since 19th October 2018. Diesel sold for Rs 72.42 a litre, the highest since 16th September this year.

from Energy-Industry-Economic Times https://ift.tt/2KW99uR
Posted by at No comments:
Labels:

REC trading pause to impact discoms' ability to meet RPO targets: Power exchanges

With renewable energy taking a centre stage in India's energy future, such matters require expeditious resolution to keep the country on track to achieve its renewable targets, Bajaj said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36jlMIm
Posted by at No comments:
Labels:

Petrol price crosses Rs 90/L mark in Bhopal

He said that crude prices are going up due to increasing demand following the easing of coronavirus-induced-lockdown across the world

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vhk3wT
Posted by at No comments:
Labels:

China grants Tesla green light to start selling Shanghai-made Model Y SUV

Tesla, now sells its Model 3 electric cars in China and has been building new car manufacturing capacity in Shanghai to make its Model Y SUVs. It applied for the Shanghai-made Model Y SUV sales permission earlier this month

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vj9VE0
Posted by at No comments:
Labels:

Petrol price crosses Rs 90 per litre mark in Bhopal

According to Madhya Pradesh Petrol Pump Owners Associations president Ajay Singh, the rate of VAT on petrol and diesel in Madhya Pradesh is 39 per cent and 28 per cent, respectively.

from Energy-Industry-Economic Times https://ift.tt/3qcbhyD
Posted by at No comments:
Labels:

Petrol, diesel price hike pauses after continuous rise

With this, diesel prices continue to remain at 72.42 a litre in Delhi while petrol prices remain unchanged at Rs 82.34 per litre in the national capital. In other cities too, the price stayed at Sunday's level

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fR7phS
Posted by at No comments:
Labels:

Virus-stricken winter unlikely to derail oil market rebalancing: Goldman

It expects the winter wave to hit global oil demand by at least 3 million barrels per day, partially offset by heating, restocking and demand in emerging markets.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36irf2g
Posted by at No comments:
Labels:

Sunday, November 29, 2020

Green drive: Delhi govt to cover e-cycles under electric vehicle policy

Delhi government is now planning to promote ‘ecycles’ through various financial incentives under its ambitious electric vehicle (EV) policy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39nLIEN
Posted by at No comments:
Labels:

Chandigarh: Centre gives Rs 86 lakh solar power subsidy to admn

The amount is only for up to 10 kilowatt installations, implying that big houses will not get any subsidy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JoDWzE
Posted by at No comments:
Labels:

Solar power to give 150 Delhi schools Rs 17 crore per year

Oakridge bagged 15 school rooftop projects in the tender floated by Delhi government in July 2019 and is targeting to solarise 1,000 schools and educational institutions by 2022

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vu9PcV
Posted by at No comments:
Labels:

OPINION: Achieving the 2030 target of 450 GW of renewable energy - A prescription for India

While India’s renewable energy targets are ambitious, and getting to these targets would require significant deployment on a yearly basis, these targets can be reached.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mksTWI
Posted by at No comments:
Labels:

REC trading pause to impact discoms' ability to meet RPO targets: Power exchanges

With renewable energy taking a centre stage in India's energy future, such matters require expeditious resolution to keep the country on track to achieve its renewable targets, Bajaj said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Vhzrt7
Posted by at No comments:
Labels:

Saturday, November 28, 2020

India needs policy framework for challenges in renewables expansion: MNRE Secretary

"Some new challenges will crop up along the way, some of them are on the horizon. Then there are some which we do not know of yet. One example is the issue of solar waste."

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39qGDM6
Posted by at No comments:
Labels:

India offers support to Maldives efforts to develop green energy

Singh said that the Maldives, being a beautiful country, needs to maintain and enhance its beauty as an attractive tourist destination.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mkr0sT
Posted by at No comments:
Labels:

Pradhan invites investors to join India's renewable energy journey

Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan, has invited investors, developers and businesses to be part of India's renewable energy journey.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JlIiHM
Posted by at No comments:
Labels:

Higher efficiency brought down renewable energy tariff: R K Singh

Earlier this month, solar power tariff dropped to an all-time low of Rs 2 per unit in an auction conducted by the Solar Energy Corporation of India (SECI).

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37gr4Ul
Posted by at No comments:
Labels:

India needs policy framework for challenges in renewables expansion: MNRE Secretary

"Some new challenges will crop up along the way, some of them are on the horizon. Then there are some which we do not know of yet. One example is the issue of solar waste."

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37frSZz
Posted by at No comments:
Labels:

Dharmendra Pradhan invites global investors to be part of India’s renewable energy journey



from Energy-Industry-Economic Times https://ift.tt/3o59itX
Posted by at No comments:
Labels:

Higher efficiency brought down RE tariff: R K Singh

Earlier this month, solar power tariff dropped to an all-time low of Rs 2 per unit in an auction conducted by the Solar Energy Corporation of India (SECI).

from Energy-Industry-Economic Times https://ift.tt/3fMthLi
Posted by at No comments:
Labels:

India needs policy framework for challenges in renewables expansion: MNRE Secretary

Indu Shekhar Chaturvedi said that another challenge that the government is already facing is from farmers, and the lack of availability of land for animal husbandry. "We are already hearing about loss of land for grazing because of solar projects," he added.

from Energy-Industry-Economic Times https://ift.tt/3lhccKc
Posted by at No comments:
Labels:

Petrol price crosses Rs 82-mark, diesel above Rs 72 a litre

Petrol price in Delhi rose to Rs 82.13 per litre from Rs 81.89, according to a price notification from oil marketing companies

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37aGXvy
Posted by at No comments:
Labels:

HP seeks effective plan for power evacuation from Chenab basin, Spiti

Chief minister Jai Ram Thakur made this request while addressing the chief ministers’ plenary session of virtual 3rd Global RE-Invest

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37jVPaS
Posted by at No comments:
Labels:

Transfer pricing not applicable on Essar Power’s loan to group company for share application: Tax tribunal

The tax tribunal was ruling in the case of Essar Power, the power generation company. The company had calculated interest on money advanced to another group company.

from Energy-Industry-Economic Times https://ift.tt/2Ve8DtM
Posted by at No comments:
Labels:

Investments in clean energy to be encouraged: MP CM Chouhan

Inviting investors in renewable energy sector in Madhya Pradesh, Chouhan said that Madhya Pradesh is an ideal state for investment in this sector

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HIYaDw
Posted by at No comments:
Labels:

Friday, November 27, 2020

Petrol price crosses Rs 82-mark in Delhi, diesel above Rs 72 a litre

Petrol price on Saturday crossed Rs 82-mark in Delhi and diesel surpassed Rs 72 a litre after eighth increase in rates in past nine days.

from Energy-Industry-Economic Times https://ift.tt/3fHMiyh
Posted by at No comments:
Labels:

LPG subsidy for BPCL consumers to continue post-privatisation: Pradhan

The government gives 12 cooking gas (LPG) cylinders of 14.2-kg each to households in a year at a subsidised rate. This subsidy is directly paid into the bank accounts of the users

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JmJHO0
Posted by at No comments:
Labels:

Govt plans tenders for storage to smoothen clean energy supply

Swain said that the perceived conflict between solar energy and agriculture will need to be resolved.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36gNxBz
Posted by at No comments:
Labels:

India's renewable energy growth unparallel in world, says R K Singh

The renewable energy minister was speaking at the Chief Ministers' Plenary session of the virtual 3rd Global RE-INVEST Summit.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37fVPsv
Posted by at No comments:
Labels:

MP identifies land to develop solar parks in Sagar, Damoh, Ratlam, Morena

Inviting investors in the renewable energy space of Madhya Pradesh, Chouhan said it is an ideal state for investment in this sector.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3leEBAW
Posted by at No comments:
Labels:

Bengaluru apartments opt for solar panels for sustainable energy needs



from Energy-Industry-Economic Times https://ift.tt/3fKeFf3
Posted by at No comments:
Labels:

Govt plans tenders for storage to smoothen clean energy supply

Swain said that the perceived conflict between solar energy and agriculture will need to be resolved.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3q5wpq9
Posted by at No comments:
Labels:

Rajasthan to meet 30,000 MW solar energy target by 2024-25: Gehlot

This will be possible due to strategies to provide special facilities to investors by making the process of investment in alternative energy in the state easier, Gehlot said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3q90mFZ
Posted by at No comments:
Labels:

Govt plans tenders for storage to smoothen clean energy supply

"This (intermittent power) is one of the major concerns brought up by grid operators, power companies and utilities. With solar, we have already issued the round-the-clock and the peak power tender," he said at RE Invest Friday. RE Invest is the flagship event organised by MNRE that is taking place on November 27 and November 28. The event was inaugurated by Prime Minister Narendra Modi on Thursday.

from Energy-Industry-Economic Times https://ift.tt/33o5JHw
Posted by at No comments:
Labels:

India to achieve 175 GW renewable energy capacity by 2022: Amitabh Kant

Amitabh Kant said India is the only country among the G20 nations that is on track to meet its climate change mitigation commitments, made in 2015, under the Paris Agreement and has formulated forward-looking policies for energy efficiency measures.

from Energy-Industry-Economic Times https://ift.tt/2VbhYCB
Posted by at No comments:
Labels:

10700 MW solar power projects to be installed in UP by 2022, says CM Yogi Adityanath

Adityanath was attending the Renewable Energy Investors Meet and Expo Invest 2020 (3rd Re-Invest) on Friday.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fHfxRZ
Posted by at No comments:
Labels:

Chief ministers pledge support to renewable energy, cheer investors

Chief ministers from Uttar Pradesh, Gujarat, Madhya Pradesh, Rajasthan, and Himachal Pradesh spoke on Friday at the 3rd edition of RE-Invest, organised by the Ministry of New and Renewable Energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JhDvHr
Posted by at No comments:
Labels:

Chief ministers pledge support to renewable energy, cheer investors

Chief ministers from Uttar Pradesh, Gujarat, Madhya Pradesh, Rajasthan, and Himachal Pradesh spoke on Friday at the 3rd edition of RE-Invest, organised by the Ministry of New and Renewable Energy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HIo8ah
Posted by at No comments:
Labels:

Govt mulls plan to bring FAME-like scheme for hydrogen-powered systems: Niti Aayog member

Addressing a virtual event organised by industry body FICCI, Saraswat said the government is planning to form an overarching committee for steering the hydrogen economy in its totality.

from Energy-Industry-Economic Times https://ift.tt/3q6Z7qQ
Posted by at No comments:
Labels:

HPCL reskilling employees in new-age digital tech: Pushp Kumar Joshi, HR Director

"Reskilling of employees in newer digital technologies and web-based collaborative tools will be essential to adapt to the new normal," said Pushp Kumar Joshi, Director, Human Resources, HPCL.

from Energy-Industry-Economic Times https://ift.tt/3q64mHb
Posted by at No comments:
Labels:

Chief ministers pledge support to renewable energy, cheer investors

Chief ministers from Uttar Pradesh, Gujarat, Madhya Pradesh, Rajasthan, and Himachal Pradesh spoke on Friday at the 3rd edition of RE-Invest, organised by the Ministry of New and Renewable Energy. These states have significant renewable energy capacities, and announced plans to expand them further.

from Energy-Industry-Economic Times https://ift.tt/376kTly
Posted by at No comments:
Labels:

Coal sector unruffled by trade union strike

Ranchi-based Central Coalfields Limited (CCL) said the operation of their Jharkhand open cast mine in Hazaribag was partially affected on Thursday morning

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39sbCqK
Posted by at No comments:
Labels:

Petrol, diesel rise sharply as global oil prices hit highest levels this fiscal

Petrol price increased by 19 paise per litre to Rs 81.89 per litre on Friday from Rs 81.70 per litre on the previous day. Diesel price increased by a higher margin of 24 paise to Rs 71.86 a litre, up from Rs 71.62 a litre on the previous day.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V4yd4y
Posted by at No comments:
Labels:

LPG subsidy for BPCL consumers to continue post-privatisation: Pradhan

The government gives 12 cooking gas (LPG) cylinders of 14.2-kg each to households in a year at a subsidised rate. This subsidy is directly paid into the bank accounts of the users.

from Energy-Industry-Economic Times https://ift.tt/2Va8Zl8
Posted by at No comments:
Labels:

Tesla plans to produce electric car chargers in China

The factory, which Tesla expects to complete in the first quarter next year, will have capacity to make 10,000 chargers a year, Tesla said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2J45tGQ
Posted by at No comments:
Labels:

Thursday, November 26, 2020

Petrol, diesel rise sharply as global oil prices hit highest levels this fiscal

Petrol price increased by 19 paise per litre to Rs 81.89 per litre on Friday from Rs 81.70 per litre on the previous day. Diesel price increased by a higher margin of 24 paise to Rs 71.86 a litre, up from Rs 71.62 a litre on the previous day.

from Energy-Industry-Economic Times https://ift.tt/39k4JYH
Posted by at No comments:
Labels:

Downstream oil regulator PNGRB simplifies gas pipeline tariff

PNGRB has notified regulations for a 'unified' tariff structure for over a dozen pipelines that form the National Gas Grid which will lead to a 20-30 per cent rise in transportation charges

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33l0uIp
Posted by at No comments:
Labels:

Ladakh gets largest solar project at Leh Indian Air Force station

The project namely 'Provision of Solar Photo Voltaic Powerplant 1.5 MW' has been completed within 12 months well before the completion deadline of March 31, 2021, a defence spokesman said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JlJqeb
Posted by at No comments:
Labels:

Murugappa Group takes over CG Power, appoints directors

CG Power said its entire board including non-executive chairman Ashish Guha and whole-time executive director Sudhir Mathur have resigned.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Ji2JW1
Posted by at No comments:
Labels:

Battered by virus and oil slump, biofuels fall out of favour

The production of biofuels for transport in 2020 is expected to decline 11.6 percent on 2019 levels, the first fall in 20 years, according to the International Energy Agency's (IEA) annual report, published in early November

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JgiYmy
Posted by at No comments:
Labels:

SSE, Equinor to invest $8 bln in Britain's Dogger Bank giant wind project

The project will become the world's largest offshore wind farm, helping both companies to achieve their climate targets.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V9e0dH
Posted by at No comments:
Labels:

Ladakh gets largest solar project at Leh Indian Air Force station

The project namely 'Provision of Solar Photo Voltaic Powerplant 1.5 MW' has been completed within 12 months well before the completion deadline of March 31, 2021, a defence spokesman said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nYSFjv
Posted by at No comments:
Labels:

Israel, India partners in quest for future with low carbon, pollution levels: Netanyahu

Addressing a digital conference of the India-led International Solar Alliance (ISA), he said obstacles to conserving solar energy would have to be overcome to ensure supply on days when there is no sun.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V4wpZ5
Posted by at No comments:
Labels:

PFC, REC to provide Rs 8,520 cr loan to SJVN's power project in Bihar

"PFC along with REC executed a MoU with STPL for extending term loan of Rs 8,520.46 crore for 2x660 MW Buxar Thermal Power Project

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mazHGp
Posted by at No comments:
Labels:

India’s renewable power capacity is the fourth largest in the world, says PM Modi

He added that by 2022, the share of renewable capacity will increase to over 220 GW

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39k7dq6
Posted by at No comments:
Labels:

COVID-19: Distributed renewable energy sector saw increased revenue losses in Jan-June 2020

​However, despite the impact of COVID-19, 62 per cent of DRE enterprises reported financial growth in FY20 -- a 17 per cent increase from the previous year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3l7d8B6
Posted by at No comments:
Labels:

Power sector employees protest against privatization of discoms

He noted that the power engineers did not join Thursday's strike called by ten central trade unions and just staged a simple protest to highlight their issues

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mnbQn3
Posted by at No comments:
Labels:

COVID-19: Distributed renewable energy sector saw increased revenue losses in Jan-June 2020

​However, despite the impact of COVID-19, 62 per cent of DRE enterprises reported financial growth in FY20 -- a 17 per cent increase from the previous year

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33morPH
Posted by at No comments:
Labels:

India to offer production-linked incentives for solar modules: PM Narendra Modi

Modi said that after the success of Production Linked Incentives (PLI) in electronics manufacturing, "we have decided to give similar incentives to high-efficiency solar modules". He, however, did not elaborate. Stating that ensuring 'ease of doing business' was the utmost priority, he said a dedicated project development cell has been established to facilitate investors.

from Energy-Industry-Economic Times https://ift.tt/3la9pmi
Posted by at No comments:
Labels:

Murugappa Group takes over CG Power, appoints directors

CG Power said its entire board including non-executive chairman Ashish Guha and whole-time executive director Sudhir Mathur have resigned.

from Energy-Industry-Economic Times https://ift.tt/3fEihzp
Posted by at No comments:
Labels:

Spain's Repsol cuts dividend as ramps up renewables

Larger peers BP and Royal Dutch Shell broke a long-standing sector taboo by cutting their dividends earlier this year as the COVID-19 pandemic strangled fuel demand, but Shell hiked its payout again last month

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fE8VDN
Posted by at No comments:
Labels:

Mitsubishi to invest in green hydrogen, green ammonia in Australia

Green hydrogen and green ammonia are the next-generation clean energy which produce no carbon emissions either in the production or combustion stages

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/368h1Bv
Posted by at No comments:
Labels:

PFC, REC to provide Rs 8,520 cr loan to SJVN's power project in Bihar

STPL is a wholly-owned subsidiary of SJVN and executing the project. The Buxar thermal power project is expected to be commissioned in 2023-24 and generate approximately 9,828 Million Units of energy to meet the future power requirement of Bihar and other states.

from Energy-Industry-Economic Times https://ift.tt/39fVt7N
Posted by at No comments:
Labels:

Petrol and diesel prices rise again

Petrol prices increased by 11 paise per litre to Rs 81.70 per litre on Thursday from Rs 81.59 a litre on the previous day

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mazmn5
Posted by at No comments:
Labels:

Adani Gas to change name to Adani Total Gas

Adani Gas has through a postal ballot sought shareholders' nod to change the name as well as alter its memorandum and articles of association, according to the firm's filing to stock exchanges

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3l85vu9
Posted by at No comments:
Labels:

Power sector employees protest against privatization of discoms

Gupta said protest meetings were held in all the states and union territories, including Uttar Pradesh, Punjab, Haryana, Jammu & Kashmir, Maharashtra, Telangana, Tamil Nadu, West Bengal, Gujarat, Madhya Pradesh, Assam, among others.

from Energy-Industry-Economic Times https://ift.tt/33jgzP8
Posted by at No comments:
Labels:

Adani Gas to change name to Adani Total Gas

Adani Gas has through a postal ballot sought shareholders' nod to change the name as well as alter its memorandum and articles of association, according to the firm's filing to stock exchanges.

from Energy-Industry-Economic Times https://ift.tt/368M1kK
Posted by at No comments:
Labels:

Indian refiners' October oil processing highest since March

Daily coronavirus cases in the country have declined steadily since having peaked in September, although it remains the second-highest number of cases in the world, after the United States

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fDG2Y8
Posted by at No comments:
Labels:

Wednesday, November 25, 2020

India sought after for green energy pacts, says Renewables Secretary Indu Shekhar Chaturvedi

India is already among the world’s top renewable energy producers with investments of more than Rs 4.7 lakh crore in six years

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33gAeiq
Posted by at No comments:
Labels:

M V Iyer assumes charge as Director (Business Development) at GAIL

Iyer is also director in one of GAIL's new joint venture companies Indradhanush Gas Grid Limited (IGGL) for implementation of the North East Gas Grid.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nWTzgv
Posted by at No comments:
Labels:

India sought after for green energy pacts, says Renewables Secretary Indu Shekhar Chaturvedi

India is already among the world’s top renewable energy producers with investments of more than Rs 4.7 lakh crore in six years

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33hvoS9
Posted by at No comments:
Labels:

India sought after for green energy pacts, says Renewables Secretary Indu Shekhar Chaturvedi

Chaturvedi said six countries — UK, Germany, France, Australia, Denmark, and Maldives — will be partners in the Global Renewable Energy Investment Meeting and Expo, which PM will inaugurate on Thursday. Over 200 manufacturers, developers and investors will also be speaking at the event.

from Energy-Industry-Economic Times https://ift.tt/39osQVY
Posted by at No comments:
Labels:

Cairn arbitration outcome may impact Govt stand in Vodafone retrospective tax case

The order will have bearing on the course of action the government takes on its disputes over retrospective taxation with various entities in Vodafone Group.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o0D1UK
Posted by at No comments:
Labels:

Steep rise in stubble burning incidents in Punjab this year

In its data released on Tuesday, pollution watchdog CPCB said the total count of active fire events reported in Punjab in 2020 is 76,537 while in 2019 it was 52,225 (between 21 September and 22 November)

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HBxZ1y
Posted by at No comments:
Labels:

Hamsafar ties up with Okara Group for doorstep diesel delivery services

The company said in a statement it has received an order of 120 automated mobile fuel dispensing bowsers for Okara Fuelogics for diesel delivery

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HB8QUH
Posted by at No comments:
Labels:

Solar desalination: Carlsberg ties up with Desolenator to purify Sundarbans water

The project - due to complete in mid-2021 - will create 20,000 litres of clean drinking water, using the heat and power of the sun

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fyI24d
Posted by at No comments:
Labels:

Chandigarh: Admin seeks report from CREST on solar power plants

Crest, project's nodal agency, is on with a survey to check the demand for rooftop units of the Resco (Renewable Energy Service Company) model.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fIgmKg
Posted by at No comments:
Labels:

Petrol, diesel price increase pauses after 5 days

Petrol and diesel prices remained unchanged on Wednesday after five straight days of increase in the wake of firming of international oil rates.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3l4HDHU
Posted by at No comments:
Labels:

Spain offers $89 mln green energy aid to Balearic, Canary islands

On Tuesday, ministers approved the launch of invitations to bid for 20.7 million euros ($24.6 million) in funds for solar projects in the Balearic archipelago around Ibiza and Mallorca

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/361POjF
Posted by at No comments:
Labels:

Tesla to build 'world's largest' battery plant near Berlin

Tesla has already started construction on a huge "gigafactory" in a forested area in Gruenheide, south of the German capital, due to open next year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m4s2td
Posted by at No comments:
Labels:

India Smart Water Tech Series: Smart metering a must to address apparent losses, say experts

The virtual event was the third and concluding webinar of a three part series titled "India Smart WaterTech Series".

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3l3Uji7
Posted by at No comments:
Labels:

Tuesday, November 24, 2020

Petrol, diesel get costlier as Covid vaccine hopes lift crude prices

Since November 20, state-run fuel retailers began raising pump prices from as the impact of costlier crude reflected in their 15-day rolling average price calculations

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33hVN27
Posted by at No comments:
Labels:

Schneider Electric taps Citigroup Capital Markets to offload Luminous Power

Schneider has grown its India presence through a ‘string of pearls’ strategy, where it acquired mass brands and integrated them into its fold

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2V1OiI2
Posted by at No comments:
Labels:

PM Modi to inaugurate virtual expo on renewable energy investment

The theme for RE-Invest 2020 is 'Innovations for Sustainable Energy Transition'.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/37aqojv
Posted by at No comments:
Labels:

SDMC to install solar plants in 200 bldgs

The civic body had earlier taken up the project for installing 5kW solar panels at 177 schools buildings, of them, work at 38 sites was completed. The current project is expected end by December

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fuC5oT
Posted by at No comments:
Labels:

Madurai college student designs solar-powered electric cycle

The bicycle can run for up to 50 km continuously with the help of the solar panel and go up to a maximum speed of 30 km per hour

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KFlgw3
Posted by at No comments:
Labels:

PM Modi to inaugurate virtual expo on renewable energy investment

The theme for RE-Invest 2020 is 'Innovations for Sustainable Energy Transition'.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m3J8qN
Posted by at No comments:
Labels:

Gazprom & Zyfra JV on digital industrialisation eyes India's oil & gas market

Gazprom Neft, a subsidiary of Gazprom and the third-largest oil producer in Russia, and Zyfra, Finnish-Russian industrial digitalization firm, have established a joint venture, Digital Industrial Platform, with a view to developing a digital industrial platform and promoting new technological solutions for the oil and gas industry.

from Energy-Industry-Economic Times https://ift.tt/3602SWK
Posted by at No comments:
Labels:

SSE, Equinor sign PPA for UK Dogger Bank offshore wind farm first phases

The deals are subject to the project reaching financial close which is expected shortly, SSE and Equinor said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fqQvX2
Posted by at No comments:
Labels:

India to float competitive bids for 22.5 GW of solar power capacity soon

Bids to enhance solar and wind power installations will continue to grow as India has committed to the world to enhance its dependence on renewable power, a top executive with a renewable energy company said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3l4Pghk
Posted by at No comments:
Labels:

India to float competitive bids for 22.5 GW of solar power capacity soon

Bids to enhance solar and wind power installations will continue to grow as India has committed to the world to enhance its dependence on renewable power, a top executive with a renewable energy company said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2UYn9WG
Posted by at No comments:
Labels:

ADB approves $600 mln loan for Indonesia's PLN for renewable power

The loan is part of the second phase of an electricity grid development programme covering the outer regions of Kalimantan, Maluku, and Papua in the east of the country, which began in 2017

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fvNgxi
Posted by at No comments:
Labels:

Verve Renewables to collect 1.5 lakh tonnes farm waste for power generation in Haryana

Currently, the company is collecting bales of paddy straw from over 50,000 acres of land in Punjab and Haryana, and supplies them to the 25 MW co-generation power plant at Naraingarh Sugar Mill to fire boilers.

from Energy-Industry-Economic Times https://ift.tt/33cklto
Posted by at No comments:
Labels:

India sees consecutive year-on-year decline in coal funding: Report

The report, made public on Tuesday, finds a 126 per cent drop in funding from the commercial banks to coal compared to 2018

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39baXtR
Posted by at No comments:
Labels:

With crude firm, petrol & diesel prices rise

Petrol price in Delhi was hiked to Rs 81.59 a litre from Rs 81.53 a litre on Tuesday, according to a price notification from oil marketing companies

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2UU4Txk
Posted by at No comments:
Labels:

Monday, November 23, 2020

India's top refiner buys most crude since COVID-19 outbreak

The purchase is the largest by the refiner since the COVID-19 pandemic broke out in the world's third largest crude oil importer in second quarter.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39nGXLB
Posted by at No comments:
Labels:

Biocon to acquire 26% stake in Hinduja Renewables Two

The indicative time period for completion of the acquisition is December 15, 2020, Biocon said in a BSE filing

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fqR1US
Posted by at No comments:
Labels:

Solar energy on track to power London rail link by 2022

The project is a partnership with Network Rail, which operates and develops Britain's railway infrastructure and is the country's biggest single electricity user

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/373MVhz
Posted by at No comments:
Labels:

RWE to sell stake in UK wind farm Humber Gateway to Greencoat

Utilities, including RWE, are investing in renewable assets to reduce their carbon footprint, but they often bring in minority investors for wind farms to allow them to focus on new projects

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nQDBo5
Posted by at No comments:
Labels:

UK to double renewables capacity eligible for next subsidy auctions

The next allocation round for renewable energy technologies such as offshore wind will open late next year

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/376c9ft
Posted by at No comments:
Labels:

Solar power tariff dips to all-time low of Rs 2 per unit

Under the SECI auction concluded on Monday, Saudi Arabian firm Aljoemaih Energy and Water Co and Green Infra Wind Energy emerged as the lowest bidders by quoting a tariff of Rs 2 per unit for 200MW and 400MW capacities

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33dERtz
Posted by at No comments:
Labels:

Solar power tariff dips to all-time low of Rs 2 per unit

Under the SECI auction concluded on Monday, Saudi Arabian firm Aljoemaih Energy and Water Co and Green Infra Wind Energy emerged as the lowest bidders by quoting a tariff of Rs 2 per unit for 200MW and 400MW capacities

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pUQaR4
Posted by at No comments:
Labels:

Regional, global climatic factors led to drop in India’s wind energy production in Q2-Q3 2020: Analysis

Experts had applied advanced atmospheric science methods to explain the interannual variability anomalies of the wind energy resource in India

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35WyOLG
Posted by at No comments:
Labels:

Is govt waiting for Cairn arbitration award to decide on Vodafone appeal?

The government had last week told the Delhi High Court that it hasn't so far decided on appealing against the Vodafone arbitration award

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KEjsDH
Posted by at No comments:
Labels:

JBM Renewables inks pact with MoPNG to set up 500 biogas projects in India

The ministry will offer its guidance, support, and facilitation in conceptualizing, establishing and functioning of the plants, Pradhan said after signing the MoUs for setting up 900 CBG plants as part of SATAT initiative

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/396EqVP
Posted by at No comments:
Labels:

We converted 5 tonnes of stubble into 1 tonne bio-CNG: Nitin Gadkari



from Energy-Industry-Economic Times https://ift.tt/2ITJnGV
Posted by at No comments:
Labels:

Solar tariffs plunge by 15%, set record low at Rs 2.00 per unit

The lowest so far had been Rs 2.36 per unit which was reached in an auction (also conducted by SECI) in July. Over 5700 MW of bids were received for the 1070 MW tender.

from Energy-Industry-Economic Times https://ift.tt/3nOy55p
Posted by at No comments:
Labels:

Regional, global climatic factors led to drop in India’s wind energy production in Q2-Q3 2020: Analysis

Experts had applied advanced atmospheric science methods to explain the interannual variability anomalies of the wind energy resource in India

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3foYpA9
Posted by at No comments:
Labels:

Sweet Spot: India's top refiner IOC buys most crude since COVID-19 outbreak, say sources

IOC's chairman said this month that the refinery has been operating at 100% capacity since early November as local fuel demand has recovered. IOC purchased the cargoes over three rounds of tenders this month for deliveries in January and February, the sources said.

from Energy-Industry-Economic Times https://ift.tt/3nPWHuI
Posted by at No comments:
Labels:

CIL to set up 3 GW solar power projects of Rs 5,650 cr

While Rs 3,650 crore is planned to be invested through CIL's capex, till 2023-24, the rest would be met through joint venture models that the company intends to pursue for this initiative

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/376SEUa
Posted by at No comments:
Labels:

Coal India to invest over Rs 5,650 crore over 4 years in solar to cut costs

The state-run company will fund nearly two-thirds of its plan to construct rooftop and ground-mounted solar power projects with a capacity of 3,000 megawatts (MW) with cash. A joint venture with lignite miner NLC India Ltd would finance the rest of the company's solar expansion, it said in a statement.

from Energy-Industry-Economic Times https://ift.tt/2HrnspD
Posted by at No comments:
Labels:

22 billion barrels of crude oil discovered in Abu Dhabi

The SPC also approved on the same day to increase the capital investment in Abu Dhabi National Oil Company to 448 billion dirhams ($122 billion) from 2021 to 2025, reports Xinhua news agency

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35V0ArU
Posted by at No comments:
Labels:

Fuel prices hiked for fourth consecutive day

Petrol price in Delhi on Monday was hiked to Rs 81.53 a litre from Rs 81.46 per litre, according to a price notification from oil marketing companies

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kX4Ifx
Posted by at No comments:
Labels:

Sunday, November 22, 2020

Coal protesters demand that SBI stop financing Adani’s Australia project

They also submitted a memorandum to the branch manager requesting him to forward their request to the bank’s management

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nP1wnS
Posted by at No comments:
Labels:

Coal protesters demand that SBI stop financing Adani’s Australia project

They also submitted a memorandum to the branch manager requesting him to forward their request to the bank’s management

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nP1wnS
Posted by at No comments:
Labels:

Xi calls on G20 to push for full, effective implementation of Paris Agreement

Addressing the Leaders' Side Event on Safeguarding the Planet of the G-20 Riyadh Summit via video link, Xi said, "G-20 should continue to take the lead in tackling climate change"

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pUdL4A
Posted by at No comments:
Labels:

Andhra: Govt to float solar tenders to fuel state’s agriculture sector

The scheme is expected to provide significant economic benefits as the cost of solar power is less than the average power purchase cost incurred by the state discoms.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3q37O5s
Posted by at No comments:
Labels:

CG Power lenders agree for loan restructuring, pave way for Murugappa takeover

In separate but almost identical stock exchange filings, CG Power and Murugappa Group firm Tube Investments of India Ltd (TIIL), said lenders have accepted one-time settlement and restructuring of debt.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36UfZbq
Posted by at No comments:
Labels:

Goa: Hunt for ‘green power’ project locations starts

A senior officer said that the survey to identify sites would be concluded this week. EESL will set up 1,000 mega watts of decentralized power in the state

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2UO1bW6
Posted by at No comments:
Labels:

Andhra: Govt to float solar tenders to fuel state’s agriculture sector

The scheme is expected to provide significant economic benefits as the cost of solar power is less than the average power purchase cost incurred by the state discoms.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nKPjk8
Posted by at No comments:
Labels:

India will not only meet, but exceed Paris pact targets: PM Modi at G20 meet

Climate change, Modi said, "must be fought not in silos but in an integrated, comprehensive and holistic way."

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fsJjJR
Posted by at No comments:
Labels:

India will not only meet, but exceed Paris pact targets: PM Modi at G20 meet

Climate change, Modi said, "must be fought not in silos but in an integrated, comprehensive and holistic way."

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2J32ldC
Posted by at No comments:
Labels:

US President Donald Trump defends withdrawal from 'unfair' Paris climate accord

The United States formally left the 2015 Paris accord earlier this month, becoming the first country to ever withdraw from an international climate change pact.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lXhdc6
Posted by at No comments:
Labels:

First leg of Kochi-Bengaluru Gail pipeline to be ready by Jan

The first leg of the 620-km-long Kochi-Bengaluru gas pipeline begins from Kuttanad in Palakkad and extends up to Valayar, which is on the Kerala-Tamil Nadu border.

from Energy-Industry-Economic Times https://ift.tt/35QSxMM
Posted by at No comments:
Labels:

Saturday, November 21, 2020

CG Power lenders agree for loan restructuring, pave way for Murugappa takeover

In separate but almost identical stock exchange filings, CG Power and Murugappa Group firm Tube Investments of India Ltd (TIIL), said lenders have accepted one-time settlement and restructuring of debt.

from Energy-Industry-Economic Times https://ift.tt/3lTDEPj
Posted by at No comments:
Labels:

PM Modi: With renewables push, India to cut carbon footprint by 35%

We have set a target of 175 gigawatts of renewable energy by 2022 and 450 gigawatts by 2030, he said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2J3LEyH
Posted by at No comments:
Labels:

Petrol, diesel prices rise for third straight day after two-month hiatus

State-owned fuel retailers started raising fuel prices from Friday. In three days, petrol price has gone up by 40 paise and diesel rates have risen by 61 paise per litre.

from Energy-Industry-Economic Times https://ift.tt/3nLz3iN
Posted by at No comments:
Labels:

Covid scars India's solar plan, capacity addition down 68% in 9 months

Work on projects came to a standstill as the countrywide lockdown from March 25 disrupted supply chains, including imports, and movement of manpower

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/393p6cm
Posted by at No comments:
Labels:

PM Modi: With renewables push, India to cut carbon footprint by 35%

We have set a target of 175 gigawatts of renewable energy by 2022 and 450 gigawatts by 2030, he said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IZBn6U
Posted by at No comments:
Labels:

Transition to clean energy sources subdued participation in commercial coal auction: Ind-Ra

The transition to clean energy sources led to subdued participation in the recently concluded first round of commercial coal mine auction, said India Ratings and Research.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IUVfIs
Posted by at No comments:
Labels:

India to pursue twin goals of becoming economic and energy superpower: Mukesh Ambani

Ambani, who is also the President of the Board of Governors of Gandhinagar-based Pandit Deendayal Upadhyay University (PDPU), said in his convocation address that he foresees an "explosive and exponential growth" in the Indian economy in the post-COVID era. The country will find a place in the top three economies of the world within a couple of decades, he said.

from Energy-Industry-Economic Times https://ift.tt/36Vik63
Posted by at No comments:
Labels:

Karnataka keen to engage with the UK on renewable energy front: CM

He stated this during a virtual meeting with Lord Tariq Ahmad, UK's Minister of State at the Foreign, Commonwealth and Development Office.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36TFhGx
Posted by at No comments:
Labels:

Petrol, diesel price hiked for second day in a row

The price of petrol in Delhi was hiked to Rs 81.38 per litre from Rs 81.23, according to a notification from oil marketing companies.

from Energy-Industry-Economic Times https://ift.tt/2KuR6LV
Posted by at No comments:
Labels:

Oil India launches seismic campaign in Mahanadi

OIL had won five blocks for hydrocarbon exploration in Odisha in two bid rounds under Open Acreage Licensing Policy (OALP).

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nKwEVw
Posted by at No comments:
Labels:

Friday, November 20, 2020

India has set target of cutting carbon footprint by 30-35%: Narendra Modi

Modi also said that work is constantly going on to strengthen the start-ups in the energy sector, and a special fund has been allocated for the purpose. "If you have any idea, product or a concept that you want to incubate, then this fund will be a good opportunity for you, and a gift from the government," he said.

from Energy-Industry-Economic Times https://ift.tt/3nJO30J
Posted by at No comments:
Labels:

Covid scars India's solar plan, capacity addition down 68% in 9 months

Work on projects came to a standstill as the countrywide lockdown from March 25 disrupted supply chains, including imports, and movement of manpower

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Kt7YTj
Posted by at No comments:
Labels:

FEATURE-Indian teen's solar iron smooths a pressing problem: forest loss

It is just one of several national and international prizes Umashankar has won for her innovation: a wheeled cart equipped with solar panels and batteries sufficient to power a steam iron

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3flHoGR
Posted by at No comments:
Labels:

China lifts renewable power subsidy for 2021 by nearly 5 per cent

The subsidy will go to wind farms, biomass power generators and distributed solar power operators, as well as solar power projects for poverty alleviation purposes

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3370NXc
Posted by at No comments:
Labels:

BP agrees London headquarters sale and leaseback with Lifestyle Intl.

BP also agreed to lease 1 St James's Square in central Lonodn back from Hong Kong-based property investment company Lifestyle International for two years, a BP spokesman said

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IZmvWh
Posted by at No comments:
Labels:

Renewable energy in India's economic development: An analysis of reforms

The government, with the legal, regulatory and policy reforms, has started working towards establishing a robust infrastructure for the renewable energy resources and making the same available for mass usage.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nJ8IC8
Posted by at No comments:
Labels:

Rs 2 lakh crore investment in 5,000 compressed bio-gas plants in offing

To boost the availability of affordable and clean transport fuel, an agreement was signed for setting up 900 compressed bio-gas or CBG plants by companies such as Adani Gas and Torrent Gas.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IQutke
Posted by at No comments:
Labels:

Renewable energy in India's economic development: An analysis of reforms

The government, with the legal, regulatory and policy reforms, has started working towards establishing a robust infrastructure for the renewable energy resources and making the same available for mass usage.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fm3ysD
Posted by at No comments:
Labels:

Solar capacity addition falls 80% in September quarter: Report

The country's total solar installed capacity was at 37.4 gigawatt (GW) as of September 30, 2020, Mercom Communications India said in its report on Friday.

from Energy-Industry-Economic Times https://ift.tt/36SDXns
Posted by at No comments:
Labels:

Rs 2 lakh crore investment in 5,000 compressed bio-gas plants in offing

To boost the availability of affordable and clean transport fuel, an agreement was signed for setting up 900 compressed bio-gas or CBG plants by companies such as Adani Gas and Torrent Gas.

from Energy-Industry-Economic Times https://ift.tt/3fhGDi5
Posted by at No comments:
Labels:

China lifts renewable power subsidy for 2021 by nearly 5% y/y

The subsidy will be allocated to wind farms, biomass power generators, and distributed solar power operators, as well as solar power projects for poverty alleviation purposes, in 14 regions

from renewable/china-lifts-renewable-power-subsidy-for-2021-by-nearly-5-y - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pNzomP
Posted by at No comments:
Labels:

Rajasthan to run 200 rural water supply systems on solar power

"The pilot project will reduce the dependence of rural areas. They will be relieved of energy cost for drinking water and worries of power outages. The solarisation of water pumps will also help the government in saving electricity, money and environment," RRECL Chairman Subodh Agarwal said.

from Energy-Industry-Economic Times https://ift.tt/3kP6pLG
Posted by at No comments:
Labels:

Petrol price up 17 paise, diesel 22 paise after two-month hiatus

Petrol price in Delhi was hiked to Rs 81.23 per litre from Rs 81.06, according to a price notification from oil marketing companies.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nHleSB
Posted by at No comments:
Labels:

Saudi Arabia and Russia in tight race to become China's top oil supplier in 2020

It was catching up with Russia which has exported about 1.7 million bpd of oil to China so far in 2020, with Iraq at a third place with about 1.2 million bpd

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pOwAG7
Posted by at No comments:
Labels:

India is the only G20 country to be '2 degree' compliant: Prakash Javadekar

Javadekar said that India is contributing massively on the energy front and the government is working tirelessly in this direction

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IROaYT
Posted by at No comments:
Labels:

SunSource Energy bags 6-MW floating solar plus storage project in Andaman and Nicobar islands

It would be one of India's largest floating plus storage projects in Andaman and would offset about 8,112 tonnes of carbon dioxide annually

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pEYnJ4
Posted by at No comments:
Labels:

India reassessing future oil demand projections and refinery capacity due to pandemic

The forecast assumed 8.2 per cent of compounded annual economic growth and 0.8 per cent per year growth in population up to 2040 for the country

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kKWdE5
Posted by at No comments:
Labels:

Hybrid tech, new wave of reforms will help India transition to renewable energy, say experts

The panelists and the government official agreed that a new wave of policies, reforms and regulations, along with the use of hybrid technology will help India adjust to renewable energy’s transition from being a small add-on in electricity supply to being its major and fastest-growing component.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pJQq5x
Posted by at No comments:
Labels:

India aims to reduce diesel use with $1.35-bln LNG retail push

Use of LNG in heavy vehicles will cut fuel costs by 40% compared with diesel and help contain inflation, he said, and urged automobile makers to look at producing LNG-compatible vehicles.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pEGXfE
Posted by at No comments:
Labels:

Thursday, November 19, 2020

China's SPIC buys Mexican renewable power firm Zuma Energia

SPIC, one of China's top five power producers, did not disclose the value of the acquisition, but said it will fully own the Mexican company

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2UJTznK
Posted by at No comments:
Labels:

Petrol-diesel prices increase after almost 2-month break

The price of petrol has increased by 17 paisa per litre in the national Capital to Rs 81.23 from Rs 81.06 a litre on the previous day. Similarly, retail price of diesel has been increased by 22 paisa per litre to Rs 70.68 a litre.

from Energy-Industry-Economic Times https://ift.tt/2HgFCKC
Posted by at No comments:
Labels:

Solar power equipment production for 35,000 MW capacity on cards

If the bids materialise, they would result in the first large-scale plan to set up the manufacturing of ingots and wafers in the country.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kNCjbE
Posted by at No comments:
Labels:

Solar power equipment production for 35,000 MW capacity on cards

If the bids materialise, they would result in the first large-scale plan to set up the manufacturing of ingots and wafers in the country.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IUbzZT
Posted by at No comments:
Labels:

Hybrid tech, new wave of reforms will help India transition to renewable energy, say experts

The panelists and the government official agreed that a new wave of policies, reforms and regulations, along with the use of hybrid technology will help India adjust to renewable energy’s transition from being a small add-on in electricity supply to being its major and fastest-growing component.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35OeQ5G
Posted by at No comments:
Labels:

Hybrid tech, new wave of reforms will help India transition to renewable energy, say experts

The panelists and the government official agreed that a new wave of policies, reforms and regulations, along with the use of hybrid technology will help India adjust to renewable energy’s transition from being a small add-on in electricity supply to being its major and fastest-growing component.

from Energy-Industry-Economic Times https://ift.tt/3fjRkB0
Posted by at No comments:
Labels:

PM Modi to inaugurate 3rd global renewable energy event RE-INVEST on Nov 26

During the last six years, over Rs 4.7 lakh crore were invested, making the country a preferred destination for investment in clean energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36Tar0U
Posted by at No comments:
Labels:

Historic rise in renewable energy M&A deals this year despite COVID-19

The current calendar year has witnessed M&A transactions of about $2 billion

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pEEQZr
Posted by at No comments:
Labels:

PM Modi to inaugurate 3rd global renewable energy event RE-INVEST on Nov 26

During the last six years, over Rs 4.7 lakh crore were invested, making the country a preferred destination for investment in clean energy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38Y30rL
Posted by at No comments:
Labels:

Europe plans mammoth expansion of offshore wind farms

The 27-country bloc should target 60 gigawatts (GW) of offshore wind by 2030 and 300GW by 2050, up from 12GW today, the Commission said in its offshore renewable energy plan.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pIzpsj
Posted by at No comments:
Labels:

Renewables' share in energy mix falls marginally to 10.7 pc in Q2: Report

The prominent reason for the decline was the unseasonable and sharp reduction in wind speed in resource-rich states Gujarat, Rajasthan, and Tamil Nadu.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fbXByB
Posted by at No comments:
Labels:

Under-investment threatens to delay clean energy for poor 'by decades'

An estimated $41 billion is required each year to supply electric power to all homes worldwide, but in 2018 only roughly a third of that, $16 billion, was committed for this purpose in 20 key developing countries

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35HX6co
Posted by at No comments:
Labels:

India to see Rs 10,000 crore investment in LNG stations: Dharmendra Pradhan



from Energy-Industry-Economic Times https://ift.tt/38VtSc3
Posted by at No comments:
Labels:

Renewables' share in energy mix falls marginally to 10.7 pc in Q2: Report

September quarter typically records the highest wind energy generation every year. "Renewable energy's share in the energy mix decreased marginally from 11.4 per cent in Q2 FY20 to 10.7 per cent in Q2 FY21," it said. The CEEW Centre for Energy Finance (CEEW-CEF) is an initiative of the Council on Energy, Environment and Water, one of Asia's leading think tanks.

from Energy-Industry-Economic Times https://ift.tt/3lNtPm5
Posted by at No comments:
Labels:

India aims to reduce diesel use with Rs 10,000 crore LNG retail push

Indian Oil, Hindustan Petroleum, Bharat Petroleum, GAIL and Petronet LNG will together build the 50 LNG stations in the first phase across ten states. A fuel station will be built every 200-300 km on the golden quadrilateral, which will ultimately have 150 stations.

from Energy-Industry-Economic Times https://ift.tt/32TEeFx
Posted by at No comments:
Labels:

Under-investment threatens to delay clean energy for poor 'by decades'

An estimated $41 billion is required each year to supply electric power to all homes worldwide, but in 2018 only roughly a third of that, $16 billion, was committed for this purpose in 20 key developing countries

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pCnvjP
Posted by at No comments:
Labels:

Solar and wind power costs in India will be comparable to coal in 2025: Moody's

The shift would occur if the Levelized Cost of Electricity (LCoE) from solar and wind projects declines annually by a high single digit to mid-teen percentage between the first half of 2020 and 2025-30.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/399KQDN
Posted by at No comments:
Labels:

Adani Green Energy doesn't have a guaranteed buyer for $6 billion solar project in India

When SECI floated the tender for the project in June 2019, it had said a PPA would be assured, but it withdrew the clause guaranteeing purchase in the deal signed a year later

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38TpcDu
Posted by at No comments:
Labels:

Adani Green Energy doesn't have a guaranteed buyer for $6 billion solar project in India

When SECI floated the tender for the project in June 2019, it had said a PPA would be assured, but it withdrew the clause guaranteeing purchase in the deal signed a year later

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pHs6Bf
Posted by at No comments:
Labels:

Implement env recovery plans after pandemic ends, say greens

Highlighting that the lockdown led to significant improvement of air and water quality, the recommendations state that the future choices should be holistic and inclusive

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pHUzqA
Posted by at No comments:
Labels:

Wednesday, November 18, 2020

Adani Green Energy doesn't have a guaranteed buyer for $6 billion solar project in India

Shares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt (GW) multi-plant deal, which Adani hailed as the "largest of its type, ever" and a landmark for India.

from Energy-Industry-Economic Times https://ift.tt/36V1G6C
Posted by at No comments:
Labels:

Adequate interest for BPCL disinvestment, no need to alter sale process: Govt

The government has said that adequate interest has been received for the strategic disinvestment of public sector refiner Bharat Petroleum Corporation Ltd (BPCL) with several suitors submitting expressions of interest (EoI).

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/32VuAly
Posted by at No comments:
Labels:

India only G20 nation on track to meet Paris pact’s 2°C goal

Though China has declared that it will be carbon neutral by 2060, it is in the 'highly insufficient' category according to the climate action tracker while India is 'compatible' with the 2-degree warming goal

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36HlsC8
Posted by at No comments:
Labels:

London's financial district doubles down on solar power

French renewables firm Voltalia will set up a dedicated 95,000-panel site in Dorset, in the southwest, whose entire output will power the City's banks and brokerages for 15 years, in a deal worth 40 million pounds

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3fkKkDW
Posted by at No comments:
Labels:

Implement environment recovery plans after pandemic ends, say greens

Being collated since June this year, these recommendations are a part of an initiative called #TowardsBetter

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3far1x0
Posted by at No comments:
Labels:

India only G20 nation on track to meet Paris pact’s 2°C goal

Though China has declared that it will be carbon neutral by 2060, it is in the 'highly insufficient' category according to the climate action tracker while India is 'compatible' with the 2-degree warming goal

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nCIYat
Posted by at No comments:
Labels:

Denmark's Danfoss to invest Rs 100 crore to expand in Tamil Nadu

Exports out of its plant near here went up by 15 per cent during the Covid-19 pandemic due to non-production in Danfoss' other plants.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35JBBYL
Posted by at No comments:
Labels:

Climate action investor group adds world's largest oil producer Saudi Aramco to focus list

Climate Action 100+, the 450 members of which manage more than $47 trillion in assets, seeks to engage with the companies responsible for much of the world's greenhouse gas emissions to encourage the transition to a low-carbon economy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kKnlTF
Posted by at No comments:
Labels:

TCG Digital & Lummus Technology form joint venture

The JV will work with Lummus' existing customers and potential customers to implement digital analysis and operative solutions to their refining, petrochemical and gas processing assets and across the hydrocarbon processing value chain, the company said in a statement.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IKhUqB
Posted by at No comments:
Labels:

Vedanta Group puts in expression of interest to buy government stake in fuel retailer BPCL

The government had at the close of bidding stated that "multiple" EoIs had been received. It, however, did not reveal the identity of the bidders.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38TV1vN
Posted by at No comments:
Labels:

New UCO module to boost Phillips 66 Humber refinery's renewable diesel capacity

The process unit, which converts used cooking oil into low-carbon fuel, will increase the refinery's renewable diesel capacity to 3,000 bpd from 1,000 bpd, the company said in a statement

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38VqCND
Posted by at No comments:
Labels:

ANALYSIS: Green is the new black in boom for clean energy funds

Investors are pouring money into green funds, banking on a Joe Biden presidency in the United States for a further boost to the renewable and alternative energy industry at the expense of traditional oil and gas businesses.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/38Wjgti
Posted by at No comments:
Labels:

Ørsted strikes deal with labor union on U.S. offshore wind development

The memorandum of understanding aims to create a model for the nascent offshore wind industry in the United States at a time Biden is promising to usher in a swift transition to renewable energy sources like solar and wind to fight climate change.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3faYPd8
Posted by at No comments:
Labels:

TCG Digital & Lummus Technology form joint venture

The JV will work with Lummus' existing customers and potential customers to implement digital analysis and operative solutions to their refining, petrochemical and gas processing assets and across the hydrocarbon processing value chain, the company said in a statement.

from Energy-Industry-Economic Times https://ift.tt/35IRuyG
Posted by at No comments:
Labels:

OMCs hold fuel prices revision despite strong crude

So, petrol price in the national capital continues to be Rs 81.06 per litre. In Mumbai, Chennai and Kolkata, the fuel was sold for Rs 87.74, Rs 84.14, and Rs 82.59 per litre respectively

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/32TYlU7
Posted by at No comments:
Labels:

AAP vows zero power bills to 73 per cent of Goa if elected

Displaying the stark contrast between electricity bills issued to consumers in Delhi and Goa, he said Delhi residents who consumed 177, 174, 204 and 211 units of power received bills of nil, nil, Rs 13.4 and Rs 5 respectively

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35EtWe0
Posted by at No comments:
Labels:

HPCL launches 'poWer 99', India's highest rated octane fuel, in TN

HPCL is planning to expand the reach of the product to other cities in Tamil Nadu in the next two years. Already 'poWer 99' is available in 20 cities across India

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kJrLKB
Posted by at No comments:
Labels:

Vedanta Group puts in expression of interest to buy government stake in fuel retailer BPCL

The government had at the close of bidding stated that "multiple" EoIs had been received. It, however, did not reveal the identity of the bidders.

from Energy-Industry-Economic Times https://ift.tt/3lUL4lL
Posted by at No comments:
Labels:

Cos with no turnover, formed after auction call, bagged coal blocks

Kota-based Boulder Stone Mart Private Limited has bagged the Gotitoria block in Madhya Pradesh. The company is into the business of mining and quarrying, and was incorporated in 2013

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pOZZ3c
Posted by at No comments:
Labels:

Bharat Petroleum confident of meeting 10 per cent ethanol blending target by 2022

And on Monday (November 16) it also allowed procurement and conversion of the surplus maze into ethanol

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/32WWqxV
Posted by at No comments:
Labels:

Tuesday, November 17, 2020

Greenpeace India writes to NITI Aayog on post-COVID green recovery plans

Govt needs to support rooftop solar and other forms of decentralized renewable energy solutions that reduce the demand for coal-based electricity, it recommended.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ICNuqM
Posted by at No comments:
Labels:

Rays Experts commissions 700 MW solar power projects in India

These projects include ground-mounted solar panels for 230 clients - including Delhi Metro, NDMC, airports, IITs and NITs, defense establishments, industries, and major hotel chains alongside others, the statement said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3f9w5l0
Posted by at No comments:
Labels:

Greenpeace India writes to NITI Aayog on post-COVID green recovery plans

Govt needs to support rooftop solar and other forms of decentralized renewable energy solutions that reduce the demand for coal-based electricity, it recommended.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IQSI1S
Posted by at No comments:
Labels:

Vedanta, 2 global funds among BPCL suitors

Anil Agarwal’s Vedanta Group and two overseas funds are said to be among suitors for state-owned Bharat Petroleum Corporation (BPCL), which the government is seeking to privatise.Government sources told TOI that Vedanta is among the “multiple suitors” for the oil marketing company.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2INOdEW
Posted by at No comments:
Labels:

ONGC doubles down on spending to make up for lost time due to COVID-19

ONGC, India's top oil and gas producer, had budgeted Rs 32,501 crore of capital expenditure for the fiscal to March 2021 (FY21). The company has taken up project work on war footing to meet the capex target

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35Dvfdm
Posted by at No comments:
Labels:

Rays Experts commissions 700 MW solar power projects in India

These projects include ground-mounted solar panels for 230 clients - including Delhi Metro, NDMC, airports, IITs and NITs, defense establishments, industries, and major hotel chains alongside others, the statement said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Uz0DTU
Posted by at No comments:
Labels:

EESL signs pact with Goa govt for decentralized solar power projects

Under the pact, EESL and the Department of New and Renewable Energy (DNRE) in Goa will carry out feasibility studies and implementation of decentralized solar energy projects

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2UBmJFn
Posted by at No comments:
Labels:

OPINION: Unlocking domestic private capital for Indian Renewable Energy Sector

A bulk of the equity for India’s RE growth story would continue to come from the private market – either via large institutional investors setting their development platforms or participating via private InVITs.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2HfzFOe
Posted by at No comments:
Labels:

EU needs clean energy policy to speed investment, protect industry - Research

The European Commission last autumn proposed tougher climate goals to steer the bloc towards net zero emissions by 2050 via a 55% reduction by 2030. Emissions from industry today account for 20% of the EU total.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35CAtpD
Posted by at No comments:
Labels:

U.S. solar group pushing Biden to end tariffs, extend subsidies

The Solar Energy Industries Association, the top U.S. solar trade group, is banking on the support of a Biden administration to achieve its goal of providing 20% of U.S. electricity by 2030, up from just 3% currently.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nCfx8e
Posted by at No comments:
Labels:

Bharat Petroleum confident of meeting 10% ethanol blending target by 2022

State-run oil marketers are required to blend 10 per cent ethanol in petrol under the national policy on biofuels 2018 by 2022 and 20 per cent by 2030. But so far this has not been moving at scale as surplus sugarcane was not easily available and the blending is only 5 per cent now.

from Energy-Industry-Economic Times https://ift.tt/36IOBgu
Posted by at No comments:
Labels:

EESL signs pact with Goa govt for decentralized solar power projects

Under the pact, EESL and the Department of New and Renewable Energy (DNRE) in Goa will carry out feasibility studies and implementation of decentralized solar energy projects

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/32RqzyP
Posted by at No comments:
Labels:

Solarising water pumps for irrigation can bring second green revolution: Power Minister R K Singh

R K Singh was speaking at the signing of an MoU between EESL's new arm Convergence Energy Services Ltd (Convergence) and Goa government for solar energy projects to power agricultural pumps.

from Energy-Industry-Economic Times https://ift.tt/3pAGX0j
Posted by at No comments:
Labels:

EU grants German-Danish offshore wind connection capacity exemption

Power cables connecting two countries in the 27-member bloc - so-called interconnectors - must make at least 70 per cent of their capacity freely available to traders to ensure the free flow of power in the internal electricity market

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35BTwAo
Posted by at No comments:
Labels:

ONGC doubles down on spending to make up for lost time due to COVID-19

India's top oil and gas producer ONGC on Tuesday said its capital expenditure during the current fiscal is likely to be close to the Rs 32,500-crore target as it is doubling efforts to make up for the time lost due to the pandemic.

from Energy-Industry-Economic Times https://ift.tt/3lDQGRb
Posted by at No comments:
Labels:

Indian oil firms need to bring in foreign players to unlock resources: Dharmendra Pradhan

Indian exploration companies should work at "exponential speed" to unlock resources, Pradhan said at production sharing signing ceremony of 11 oil and blocks by state-run Oil and Natural Gas Corp and Oil India Ltd

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nu8AWU
Posted by at No comments:
Labels:

ONGC signs contract for 7 blocks, OIL 4 blocks

Oil India Ltd signed up for the remaining four blocks awarded under the fifth bid round of Open Acreage Licensing Policy (OLAP)

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2H7WaEz
Posted by at No comments:
Labels:

Domestic oil and gas producers should function like holding companies: Dharmendra Pradhan

Deeper involvement of information technology, digitalisation and the internet has transformed the oil and gas sector, improving everything from data analysis to production, he said.

from Energy-Industry-Economic Times https://ift.tt/35ECmlI
Posted by at No comments:
Labels:
Subscribe to: Posts (Atom)