Thursday, September 30, 2021

SoftBank Group-backed Ola Electric raises over $200 mln

The company's Ola Electric unit aims to develop motorbikes, scooters and cars with the new funds, the company said

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MRPL to promote diesel door-to-door delivery with PEP Fuels

The agreement was signed by H C Sathyanarayan, Group general manager (Marketing), MRPL and Tikendra Kumar, director-PEP Fuels Technologies Private Limited, a release here said.

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NHPC gets shareholder nod to raise borrowing limit to Rs 40,000 cr

The tentative debt requirement for both ongoing projects and new projects up to 2031 as per capex (capital expenditure) requirements will be about Rs 50,000 crore, which will exceed paid-up share capital, free reserves and securities premium of the company

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Petrol, diesel prices at record high after Friday's hike

OMCs had preferred to maintain their watch prices on global oil situation before making any revision in prices. This is the reason why petrol prices were not revised for last three weeks. But extreme volatility in global oil price movement has now pushed OMCs to effect the increase.

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M&M chief supports govt incentives to promote sustainability

Citing the examples of electric vehicles (EVs) and solar energy, Shah said these are technologies that are creating quantum changes. So, that's why incentives are essential.

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Mangalore Refinery and Petrochemicals Limited to promote diesel door-to-door delivery

The agreement was signed by H C Sathyanarayan, Group general manager (Marketing), MRPL and Tikendra Kumar, director-PEP Fuels Technologies Private Limited, a release here said. PEP Fuels is a start-up company registered with the department of promotion for industry and internal trade (DPIIT), ministry of Commerce and Industry.

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SC seeks Adani Power's reply on curative plea of GUVNL against termination of PPA

Adani Power (Mundra) Ltd had signed a PPA with GUVNL in 2007 to supply 1,000 MW power from its project located in Korba, Chhattisgarh.

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ONGC Videsh Ltd begins its exploratory drilling campaign in Bangladesh

During the Bid Round of 2012, ONGC Videsh Ltd, in consortium with Oil India Ltd, was awarded two shallow offshore Blocks in Bangladesh. In February 2014, a production sharing contract was signed between OVL, OIL, and BAPEX.

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Taiwan sees upside from China power curbs if orders shifted

Taiwan's export-dependent and tech-heavy economy has benefited during the COVID-19 pandemic due to demand for equipment like laptops and tablets to support the work-and-study-from-home trend around the world

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China's end to overseas coal financing could free $130 bn for clean energy

China's pledge to end overseas coal financing will impact 44 coal plants totalling 42,220 megawatts (MW) of capacity, according to Global Energy Monitor's (GEM) updated Global Coal Public Finance Tracker.

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95% of Mumbai’s power comes from coal, GHG big concern

Current national plans would expand the coal fleet by 28% between 2020 and 2030, and not reduce it by 20%, threatening the health and well-being of urban residents in Mumbai while undermining India’s climate and air quality targets

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NTPC REL signs first green-term loan pact of Rs 500 cr for 670 MW solar projects

NTPC REL has a renewable project portfolio of 3,450 MW

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Adani Green set to acquire 40-MW operational solar project in Odisha

With this acquisition, AGEL will achieve a total renewable capacity of 19.8 GW

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NTPC REL signs first green-term loan pact of Rs 500 cr for 670 MW solar projects

NTPC REL has a renewable project portfolio of 3,450 MW

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Adani Green set to acquire 40-MW operational solar project in Odisha

With this acquisition, AGEL will achieve a total renewable capacity of 19.8 GW

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Coal India says ramped up supplies to rein in fuel shortage at power units

Coal stocks at power stations have depleted with many units reporting critically low average stock. CEA data showed that 112 of the total 135 coal-fuelled power plants had stocks that would not last more than a week

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HC dismisses Avantha Group promoter Gautam Thapar's plea challenging arrest

Avantha Group promoter Gautam Thapar had approached the high court challenging a trial court's August 5 order by which his plea to declare his arrest as illegal was dismissed without recording reasons.

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Diesel at record high, petrol nears all-time high as rates hiked again

The price of petrol was hiked to Rs 101.64 a litre in Delhi and to Rs 107.71 per litre in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates increased to Rs 89.87 a litre in Delhi and Rs 97.52 in Mumbai.

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Wednesday, September 29, 2021

Explainer-Global energy shortage or a coincidence of regional crises?

Gasoline stations running dry in Britain. Power costs surging in the European Union ahead of winter. Forced restrictions on energy use in China. And rising prices for oil, natural gas and coal.

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Oil prices slip as U.S. inventories rise, despite OPEC's slow road to adding supply

U.S. crude stockpiles rose by 4.6 million barrels last week, exceeding expectations, boosted by a rebound in output as offshore facilities shut in by two U.S Gulf hurricanes resumed activity

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India's oil demand to more than double by 2045: Opec

According to Opec World Oil Outlook 2021, the contribution of diesel and petrol to the country’s oil demand will rise from 51% to 58% through 2045 on the back of an expanding population, growing prosperity and rapid urbanization

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ANALYSIS-Can South Africa become a model for developing nations ditching coal?

But as Africa's No. 2 economy seeks to break its near-total coal dependence, climate experts say Mpumalanga could serve as a test case for developing nations seeking to cut emissions.

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U.N. climate talks a 'catalyst' for action to curb warming - report

An Energy Transitions Commission (ETC) report outlined six actions which need to be agreed at COP26 and implemented this decade to give the world a 50% chance of limiting global warming to 1.5 degree Celsius and a 90% chance of keeping it below 2C.

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Panama aims to end coal imports, produce ethanol to cut emissions

Panama aims to replace a portion of hundreds of thousands barrels per day of fuel, mostly imported from the United States, by biofuels, and to rely more on renewable sources, including solar and wind, for power generation

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U.N. climate talks a 'catalyst' for action to curb warming - report

An Energy Transitions Commission (ETC) report outlined six actions which need to be agreed at COP26 and implemented this decade to give the world a 50% chance of limiting global warming to 1.5 degree Celsius and a 90% chance of keeping it below 2C.

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Power ministry redesigns renewable energy certificate mechanism

The intent behind this decision is to align the mechanism with the emerging changes in the power scenario and also to promote new renewable technologies, it added.

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PM Modi reviews projects worth Rs 50,000 crore at 'Pragati' meeting

At the meeting, eight projects -- four from the Ministry of Railways, two from the Ministry of Power and one each from the Ministry of Road Transport and Highways and the Ministry of Civil Aviation -- were reviewed.

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Power ministry redesigns renewable energy certificate mechanism

The intent behind this decision is to align the mechanism with the emerging changes in the power scenario and also to promote new renewable technologies, it added.

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Coal expansion could cause over 5,200 premature deaths, 8,300 preterm births in Delhi this decade

The economic health costs associated with coal pollution in Delhi is estimated at USD 8.4 billion over the coming decade

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Mahindra is said to weigh electric supercar unit funding options

Mahindra is looking for ways to speed up development, as Automobili Pininfarina hasn’t yet begun deliveries of the 1,900-horsepower Battista it showed as a prototype in 2019

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Rajasthan govt to allot land at cheaper rates to promote e-vehicles

As per the order dated September 28, land will be allotted at 50% concession for first 500 renewable energy based EV charging stations installed within five years

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3B6DR9P

Mahindra is said to weigh electric supercar unit funding options

Mahindra is looking for ways to speed up development, as Automobili Pininfarina hasn’t yet begun deliveries of the 1,900-horsepower Battista it showed as a prototype in 2019

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3AU06zo

Ola's EV entry gives spark to price war

Models such as Ather 450X/Plus, Okinawa Praise, Simple Energy One, TVS iQube and Bajaj Chetak are witnessing an interesting price play after Ola said its S1 and S1 Pro models would be sold for Rs 99,999 and Rs 129,999, respectively

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India signals high oil prices will speed up transition to alternatives

India has been at the forefront of efforts to urge the Organisation of Petroleum Exporting Countries (OPEC) to ensure "responsible pricing" of oil that suits both producer and consumers.

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KKR-backed renewable InvIT raises ₹460 cr from AIMCo and other investors

This is the debut deal in India for AIMCo, one of Canada's largest and most diversified institutional investment managers with more than $98 billion of assets under management (AUM) as of June 30, 2021

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Rajasthan govt to allot land at cheaper rates to promote e-vehicles

As per the order dated September 28, land will be allotted at 50% concession for first 500 renewable energy based EV charging stations installed within five years

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m5TBmV

UK Revenue grants Indian-owned Essar Oil extension to settle VAT arrears

EOUK made a TTP commitment to HMRC in April 2021 to pay its 770 million pound arrears by January 2022.

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

Housing sales jump over two-fold in July-September, average prices up 3 pc across 7 cities: Anarock

Housing prices appreciated by 3 per cent across the seven cities to Rs 5,760 per square feet in Q3 of 2021 calendar year from Rs 5,600 per square feet in Q3, 2020

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Chubu Electric to buy 20% stake in Vietnam renewable energy firm Bitexco

The move comes a day after its joint venture with Tokyo Electric Power Company Holdings Inc, JERA, said it will invest $1.58 billion to take a 27% stake in Aboitiz Power Corp

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Private sector should focus on Sustainable Development Goals: Kant

The private sector and industry is an extremely important partner to meet the country's sustainable development goals and the government needs their support to translate policies into actions, he said.

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Investors with $4 trillion assets aim to tackle Asian firms on climate change goals

Initial engagement will focus on carbon risk and coal at banks and coal-exposed power companies, the group of investors, facilitated by Singapore-based advisor Asia Research & Engagement (ARE), said in a statement.

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Petrol, diesel prices remain unchanged on Wednesday

OMCs preferred to maintain their watch on global oil situation before making any revision in prices. This is the reason why petrol prices were not revised for last three weeks. But extreme volatility in global oil price movement has now pushed OMCs to effect the increase.

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

Tuesday, September 28, 2021

SC rejects Adani Gas’ plea challenging regulatory authorisation for Gujarat Gas to operate in 3 locations

The Petroleum and Natural Gas Regulatory Board’s authorisation for setting up city gas distribution networks in Sanand, Bavla and Dholka areas was upheld by the top court. The court also held that the Adani group company should bear Rs 10 lakh in costs payable to the union of India.

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Investors with $4 trillion assets aim to tackle Asian firms on climate change goals

Initial engagement will focus on carbon risk and coal at banks and coal-exposed power companies, the group of investors, facilitated by Singapore-based advisor Asia Research & Engagement (ARE), said in a statement.

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

Private sector should focus on Sustainable Development Goals: Kant

The private sector and industry is an extremely important partner to meet the country's sustainable development goals and the government needs their support to translate policies into actions, he said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3m9Kku1

Chubu Electric to buy 20% stake in Vietnam renewable energy firm Bitexco

The move comes a day after its joint venture with Tokyo Electric Power Company Holdings Inc, JERA, said it will invest $1.58 billion to take a 27% stake in Aboitiz Power Corp

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39OuOOt

Solar open access installation rises nearly seven-fold in April-June: Report

Solar open access installations in India totalled 209 MW in the second quarter of 2021, compared to 27 MW installed in Q2 2020, according to Mercom India Research's newly released report - Mercom India Solar Open Access Market Report Q2 2021.

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Tariffs, seizures expose U.S. solar industry's vulnerability to imports

Tighter availability of foreign panels could hurt the booming industry and set back President Joe Biden's effort to decarbonize the nation's power sector.

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Waaree Energies files draft prospectus for IPO

The proceeds will be used to set up 3-GW solar cell, module manufacturing facility in Gujarat

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US-based consultancy ArcVera Renewables expands India team

The firm has appointed Sivamurugan Eswaran as wind energy expert at its Bengaluru office

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China’s electricity crunch is world’s latest supply-chain threat

The power problems come after recent port disruptions in China rippled across global supply chains

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Low tariffs for solar-wind hybrid project prone to price fluctuations: Amit Kumar, PwC

He said that solar-wind hybrid tariffs will remain volatile in short-term

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US-based consultancy ArcVera Renewables expands India team

The firm has appointed Sivamurugan Eswaran as wind energy expert at its Bengaluru office

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Diesel price up 70 paise per liter in four days; petrol rate hike next

The price of diesel was hiked to Rs 89.32 per litre in Delhi and to Rs 96.94 in Mumbai, according to a price notification of state-owned fuel retailers.

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Repos Energy to hire 300 employees by the end of current fiscal

The company has begun the recruitment drive with an aim to establish its mark in all states in India and eventually go global in the coming time, it said in a statement.

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Govt working on plan to spend Rs 1.5 lakh crore on smart metering: Atul Bali, NSGM

He was speaking in a Panel Discussion on "Smart metering as a Cornerstone for Power Reforms" at the second edition of the ETEnergyworld Smart Metering Summit

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Green policies not to blame for energy price surge, IEA says

Gas and electricity prices in Europe have surged in recent months as gas supply issues have collided with rising demand in economies recovering from the COVID-19 pandemic.

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ACWA to finance renewable energy projects with green bonds - CEO

ACWA Power already has five projects certified for green finance, which together will require just under $10 billion in financing, ACWA's CEO Paddy Padmanathan told Reuters.

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China calls WTO ruling 'dangerous' in solar cell row with U.S.

A WTO panel handed a victory to the United States earlier this month, rejecting all four of China's claims and saying the U.S. measures did not breach global trade rules. China said last week it would appeal the decision.

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Low tariffs for solar-wind hybrid project prone to price fluctuations: Amit Kumar, PwC

He said that solar-wind hybrid tariffs will remain volatile in short-term

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Petrol, diesel prices rise across metros after 3-week break



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Ford announces $11.4 billion investment for electric vehicle production

This investment supports the company's longer-term goal to create a sustainable American manufacturing ecosystem, and to accelerate its progress towards achieving carbon neutrality

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BPCL planning to set up 1,000 EV charging stations

BPCL is planning a capital expenditure of Rs 1 lakh crore over the next five years on a range of projects in upstream, refining, marketing, natural gas, and renewables

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ETEnergyworld Smart Metering Summit: EESL EVC Saurabh Kumar narrates the discoms' turnaround

Speaking at the second edition of the ETEnergyworld Smart Metering Summit, Kumar narrated the gains being reaped by discoms through Advanced Metering Infrastructure -- including higher billing and collection efficiency and better customer services.

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Monday, September 27, 2021

Petrol price hiked for first time in 2 months as diesel continues to surge

According to a price statement from state-owned fuel dealers, in Delhi, petrol rates reached Rs 101.39 per litre, with a hike of Rs 0.20, while diesel saw a hike of Rs 0.25 for the second consecutive day and reached Rs 89.57 per litre.

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China calls WTO ruling 'dangerous' in solar cell row with U.S.

A WTO panel handed a victory to the United States earlier this month, rejecting all four of China's claims and saying the U.S. measures did not breach global trade rules. China said last week it would appeal the decision.

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

ACWA to finance renewable energy projects with green bonds - CEO

ACWA Power already has five projects certified for green finance, which together will require just under $10 billion in financing, ACWA's CEO Paddy Padmanathan told Reuters.

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TotalEnergies expects rise in use of renewable energy in future

TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a role as a transition fuel.

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Green policies not to blame for energy price surge, IEA says

Gas and electricity prices in Europe have surged in recent months as gas supply issues have collided with rising demand in economies recovering from the COVID-19 pandemic.

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BPCL to invest Rs 1 lakh cr to become future-ready

The investment will help BPCL prepare for the future where conventional fuels and zero-carbon mobility in form of electric vehicles (EVs) and hydrogen will co-exist

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Model power buying pacts to be redrafted to junk long-term deals

The government is redrafting its model power purchase agreements (PPAs) to move away from long-term contracts."Long-term power contracts are no longer suitable for the Indian power system," a senior government official said.

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Record-high LNG prices will hurt sector in the long run: GAIL Chairman Manoj Jain

Record-high liquefied natural gas (LNG) prices will hurt the sector in the long run, slow industries' switch to natural gas, and delay India's plan of launching LNG-powered trucks, GAIL chairman Manoj Jain has said.

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BPCL to invest Rs 1 lakh cr to become future-ready

It is targeting to convert 7,000 out of over 19,000 petrol pumps into energy stations in the medium to long term by offering multiple fueling options like petrol, diesel, flexi fuels, EV charging facility, CNG and eventually hydrogen.

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ETEnergyworld Smart Metering Summit: Top industry leaders to thrash out way ahead

Experts representing the length and breadth of the smart metering landscape will join the ETEnergyworld Smart Metering Summit.

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Govts go on EV overdrive, to buy buses, PVs and three-wheelers in bulk

The mandate is to buy as many as 3400 e-buses, around 1,200 e-cars and SUVs and around 100,000 e-three wheelers

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Sop time for Electric Vehicles users: Subsidy scheme to be extended

The FAME II scheme, introduced to drive greater adoption of EVs in India, was launched with a budget outlay of Rs 10,000 crore in April 2019, to support 7,000 e-buses, 5,00,000 e-three-wheelers, 55,000 e-passenger vehicles and a million e-two-wheelers

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India's Nayara Energy hopes to operate refinery at 100% in 2021

Nayara, part owned by Russian oil major Rosneft, cut rates at its Vadinar refinery in Gujarat state last year.

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OPINION: Worldwide energy shortage shows up in surging coal, gas and oil prices

In the aftermath of the coronavirus recession, energy production has failed to keep up with rapid growth in consumption as energy producers struggle to raise output while demand has bounced back quickly.

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JSPL to start mining at Kasia mine within a month: MD V R Sharma

Sharma elaborated on the company's plans with respect to starting operations at the Kasia iron ore mine, located about 17 km from JSPL's pellet plant in Barbil.

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Delhi Metro earns Rs 19.5 crore from sale of 3.55 million carbon credits

The DMRC has earned a commendable Rs 19.5 crore from the sale of 3.55 million carbon credits which it had collected over a period of six years from 2012 to 2018, it said

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Audi pitches for lower import duties on electric vehicles

With a certain scale, the company can then try to convince its global headquarters to re-invest in the country for setting up local manufacturing for models which are currently being imported

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

Fuel supply by Coal India to power sector rises 11 per cent in August

Coal India (CIL) which accounts for 80 per cent of the country's coal output had supplied 34.64 million tonnes (MT) of coal in August last fiscal, according to official data.

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Australian PM Morrison says may not join global climate summit

The world's biggest coal exporter by value, and still reliant on fossil fuels for most of its electricity, Australia has not made a firm commitment on its own greenhouse gas reductions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3udgl8l

CIAL's solar boats to be used for Kochi Muziris heritage circuit tours

As per the MoU, signed by CIAL Managing Director S Suhas IAS and Muziris Heritage Project Managing Director P M Nowshad, the boat will be used for the circuit tours conducted by Muziris Heritage Project, on a revenue sharing basis.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Zu9qMx

EV demand for commercial use likely to increase by 15 times in 6 months

Earlier this month, Amitabh Kant, Niti Aayog CEO, told ET that all urban delivery vehicles must go green in the next two years. According to a study, 8 million vehicles are likely to be on the road in the urban delivery segment by 2030

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

Assam govt failed victims of Baghjan oil well blowout: Congress

The Assam government is not serious about its claims of protecting the interests of the indigenous people, the opposition party said in a statement after a delegation led by its state chief Bhupen Kumar Borah visited the area earlier in the day.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Y0gFvi

Sudan protesters agree to resumption of South Sudanese oil exports

A government delegation headed by a member of the ruling sovereign council met tribal elders on Sunday and secured a deal to allow oil exports from the Bashayer port, the ruling council said

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How soon could carbon capture technology solve industry CO₂ shortages?

Technologies which can capture carbon from power station chimneys or even directly from the air are being developed, but they aren't available at the scale needed

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

Diesel price goes up for 2nd consecutive day, petrol rate remains unchanged

Diesel prices have risen for the second day in a row and three times in the last four days, with the retail price rising by 70 paisa per litre. Before making any price changes, OMCs have preferred to keep a close eye on the global oil situation.

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Sunday, September 26, 2021

New York court pauses tax suit to allow Cairn to settle dispute with India

This follows Cairn Energy and Air India jointly asking the court to stay further proceedings in view of the fresh government enacting a fresh law to scrap retrospective taxation in the country.

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Delhi Metro earns Rs 19.5 crore from sale of 3.55 million carbon credits

The DMRC has earned a commendable Rs 19.5 crore from the sale of 3.55 million carbon credits which it had collected over a period of six years from 2012 to 2018, it said

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Australian PM Morrison says may not join global climate summit

The world's biggest coal exporter by value, and still reliant on fossil fuels for most of its electricity, Australia has not made a firm commitment on its own greenhouse gas reductions.

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CIAL's solar boats to be used for Kochi Muziris heritage circuit tours

As per the MoU, signed by CIAL Managing Director S Suhas IAS and Muziris Heritage Project Managing Director P M Nowshad, the boat will be used for the circuit tours conducted by Muziris Heritage Project, on a revenue sharing basis.

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India makes clean energy commitments at UN summit

India at the first leader-level meeting on energy under the UN General Assembly in 40 years has made commitments to increase renewable energy installed capacity to 450 GW by 2030 and develop and implement a National Hydrogen Energy Mission to scale up annual green hydrogen production to 1 MT by 2030.

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Many nations join call for no new coal plants ahead of COP26

For the first time, a diverse group of developed and developing countries have come together to give impetus to global efforts to end new coal-fired power generation.

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Diesel prices increase again, petrol rates remain unchanged

In comparison to August's average rates, the price of petrol and diesel on the international market has increased by roughly USD 6-7 per barrel this month. Oil firms, on the other hand, have not changed rates in nearly three weeks.

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

Fuel supply by Coal India to power sector rises 11% in August

Fuel supply by Coal India in the April-August period of the current fiscal increased by 27.2% to 205.90 MT over 161.87 MT in the year-ago period. CIL, which accounts for 80% of the country's coal output, supplied 34.64 MT of coal in August last fiscal.

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Saturday, September 25, 2021

New York court pauses tax suit to allow Cairn to settle dispute with India

The New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI. This follows Cairn Energy and Air India jointly asking the court to stay further proceedings in view of the fresh government enacting a fresh law to scrap retrospective taxation in the country.

from Energy-Industry-Economic Times https://ift.tt/2Zo20KM

NTPC wins 1.9 GW solar power projects under CPSU scheme

This shall pave the way for NTPC's plan of 60 GW RE (renewable energy) capacity by 2032. The company has won the projects in tranche 3 of 5 GW tender.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o62Bez

India welcomes US' efforts to fight climate change, its return to Paris Agreement

The meeting holds importance ahead of the 26th UN Climate Change Conference of the Parties (COP26) in UK's Glasgow.

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India on track to achieve Paris Agreement's NDC limit: Minister

The minister was addressing an event on 'Ambition to Impact: Opportunities for Global Collaboration in India's Clean Energy Economy' at the United Nations High-Level Dialogue on Energy (HLDE).

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There cannot be 'one-size-fits-all solution': India at UN high-level dialogue on energy

Minister for Power and New and Renewable Energy R K Singh said India has set an ambitious target of 450 gigawatt (GW) of renewable energy capacity by 2030 and is all set to launch a National Hydrogen Energy Mission.

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NTPC wins 1.9 GW solar power projects under CPSU scheme

This shall pave the way for NTPC's plan of 60 GW RE (renewable energy) capacity by 2032. The company has won the projects in tranche 3 of 5 GW tender.

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

OIL gets 25 blocks under Open Acreage Licensing Policy



from Energy-Industry-Economic Times https://ift.tt/3o8O0PA

India makes clean energy commitments at UN summit

India at the first leader-level meeting on energy under the UN General Assembly in 40 years has made commitments to increase renewable energy installed capacity to 450 GW by 2030 and develop and implement a National Hydrogen Energy Mission to scale up annual green hydrogen production to 1 MT by 2030.

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Quad nations to focus on clean-energy supply chain, says Australia PM

The Quad nations, in their first in-person summit n Washington, agreed on a partnership to secure critical infrastructure, the White House said.

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NY Climate Week: Gujarat, Bihar, Ladakh head to become carbon neutral

Progressive climate actions being undertaken by many Indian states as they strategically shift towards increased use of renewable energy.

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

Friday, September 24, 2021

Fortum CEO: We can boost renewables expansion firepower

The group, which owns a 76% stake in German power firm Uniper, has earmarked 3 billion euros ($3.5 billion) of growth investments until 2025.

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UN redoubles green energy push to save climate, boost electricity

The comments came as governments and the private sector pledged to spend more than $400 billion at a high-level summit.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lUny9D

NY Climate Week: Gujarat, Bihar, Ladakh head to become carbon neutral

Progressive climate actions being undertaken by many Indian states as they strategically shift towards increased use of renewable energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ubKy7I

Morrison, Modi agree on low emissions tech partnership, ultra low cost solar programme

The meeting between Modi and Morrison came a week after they spoke over phone and reviewed the rapid progress in the India-Australia Comprehensive Strategic Partnership.

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SJVN bags 1,000 MW solar power project

Sharma told that SJVN bagged the full quoted capacity of 1,000 MW at a Viability Gap Funding (VGF) support of Rs 44.72 lakh per MW by the Government of India

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PLI scheme: 19 GW bids submitted for polysilicon, 32 GW for wafer, 54.8 GW for cells, modules

Bid submission resulted in a four-fold over-subscription

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2W9NBAD

Morrison, Modi agree on low emissions tech partnership, ultra low cost solar programme

The meeting between Modi and Morrison came a week after they spoke over phone and reviewed the rapid progress in the India-Australia Comprehensive Strategic Partnership.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3ud1wCQ

UN redoubles green energy push to save climate, boost electricity

The comments came as governments and the private sector pledged to spend more than $400 billion at a high-level summit.

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

SJVN bags 1,000 MW solar power project

Sharma told that SJVN bagged the full quoted capacity of 1,000 MW at a Viability Gap Funding (VGF) support of Rs 44.72 lakh per MW by the Government of India

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

ONGC puts 2nd well in KG block on production

Considered to be the largest subsea project in India, block 98/2 is expected to have a total peak gas production rate of around 16 million metric standard cubic meters per day

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3o5tsHz

PLI scheme: 19 GW bids submitted for polysilicon, 32 GW for wafer, 54.8 GW for cells, modules

Bid submission resulted in a four-fold over-subscription

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3CIp4ST

Govt approves oil and gas projects worth Rs 1 lakh crore for Northeast India

Minister of state for Petroleum and Natural Gas Rameswar Teli said that India is going to become a top energy consumer in the coming times.

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

SJVN bags 1,000 MW solar power project

The project is expected to generate 2,365 million units (MU) in the First year and the project cumulative energy generation over a period of 25 years would be about 55062 MU

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lTZi7A

Indonesia approves Australian solar project over $2.5b investment

Southeast Asia's largest economy has agreed to allow Sun Cable's Australia-Asia PowerLink or AAPowerLink route through Indonesian waters and approved the undersea survey permit

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2XQHK4i

Greta Thunberg joins German climate strikes before vote 'of a century'

As Germany's top parties hold final rallies ahead of Sunday's vote, the Fridays for Future youth marches will make the case that the political class has let down the younger generation

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CM Stalin gives 1 lakh power connection certificates to farmers in TN

Stalin further said that the electricity board department has resolved 90 per cent of grievances since the formation of the DMK government

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Premier Energies raises Rs 200 crore from GEF Capital Partners

The capital will be used to add 2 GW of cell and 2 GW of module manufacturing capacity

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Diesel prices hiked, petrol remains unchanged

On Friday, global benchmark Brent crude rose to $77.50 a barrel as crude inventories shrunk from Europe to the US. Oil rates are up 2% for the week and this is the fifth weekly gain.

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UltraTech Cement commits to 100% renewable energy usage by 2050

In the last two years, UltraTech has scaled up its contracted renewable energy capacity by 2.5 times

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3u6wfkV

Premier Energies raises Rs 200 crore from GEF Capital Partners

The capital will be used to add 2 GW of cell and 2 GW of module manufacturing capacity

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3AD7cIE

View: Inclusion of fuel under GST should be rule-based

Around half of the retail price for fuel that a consumer pays in India today comprises taxes paid either to central or state governments.

from Energy-Industry-Economic Times https://ift.tt/3EKkG7M

California governor signs $15 bln package to tackle climate change

About $1.5 billion will go toward preventing wildfire risk in forests, according to the statement from Newsom's office

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Oil looks set to test 3-year high as supplies tighten

Brent crude was up 40 cents, or 0.5 per cent at $77.65 a barrel, by 0037 GMT, after touching a two-month high on Thursday and closing at its highest since October 2018

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3EPis7e

Thursday, September 23, 2021

Indonesia approves Australian solar project over $2.5b investment

Southeast Asia's largest economy has agreed to allow Sun Cable's Australia-Asia PowerLink or AAPowerLink route through Indonesian waters and approved the undersea survey permit

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nZ5dLb

PM Modi discusses India's renewable energy landscape with CEO of First Solar

Earlier, the Ministry of External Affairs said Prime Minister Modi discussed India's renewable energy landscape with Widmar

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Coal India arm NCL joins hands with NTPC to install solar power project in MP

CIL NTPC Urja Pvt Ltd (CNUPL), a joint venture of Coal India Ltd and NTPC, which will co-ordinate for this entire project, is confident that the project would be completed within the stipulated timeframe of one year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lTg5rp

Govt offers 15 CBM blocks in first bidding round in more than a decade

The maximum number of five coal-bed methane (CBM) blocks have been offered in Madhya Pradesh, and two blocks each in Jharkhand, Maharashtra and Odisha. Three blocks are on offer in Chhattisgarh and one in West Bengal

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39vjkzv

Most states to enrol under revamped electricity distribution scheme by October-end: R K Singh

Singh had a detailed discussion on the scheme with his counterparts in the states in region-wise batches on September 21 and 23 on the revamped electricity distribution scheme

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

Unconditional access to network likely for power companies

According to a senior official, the government wants to move to ‘General Network Access’ (GNA). It is aimed at uplifting investments in the generation and transmission sectors.

from Energy-Industry-Economic Times https://ift.tt/3ABIAA1

All states on board for power distribution reforms scheme

The reforms-based and results-linked, revamped distribution sector scheme has been launched with an outlay of Rs.3,03,758 crore and estimated GBS of Rs 97,631 crore from the Centre.

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

RIL, Adani, 17 others evince interest to set up solar PV units under PLI scheme

The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore

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EXCLUSIVE-White House backs plan for renewable energy industry tax partnerships

The oil and gas industry has financed billions of dollar in pipeline and storage products under MLPs since President Ronald Reagan first signed legislation in 1986 allowing them as a way to spur energy investment

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Petrol prices not coming down as states don't want it under GST: Puri

In an interview to PTI here, Puri said petrol prices crossed the Rs 100-mark in West Bengal as the TMC government is levying heavy taxes

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Govt intends to diversify agriculture to support India's fuel energy security: Nitin Gadkari

Gadkari said both Brazil and India are stepping ahead on the sustainable energy roadmap

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Petrol prices not coming down as states don't want it under GST: Hardeep Singh Puri

Petrol and diesel prices remained unchanged across the four metros, for the 18th consecutive day, on Thursday.

from Energy-Industry-Economic Times https://ift.tt/3lNZ2qB

Rajasthan on top in solar energy production, says CM Ashok Gehlot

Rajasthan has become the leading state in the country in solar energy production, chief minister Ashok Gehlot said on Wednesday. “I am happy to share that Rajasthan has come first in the country by installing 7,738 MW of solar power capacity,” he tweeted.​

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Wednesday, September 22, 2021

PM Modi to interact with global CEOs to highlight opportunities in India

On Thursday, the prime minister is scheduled to hold one-o-one meetings with top five American CEOs.

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OVL seeks another 2-yr extension for exploring Vietnamese oil block in South China Sea

While India wants to maintain its strategic interest in the South China Sea, Vietnam wants an Indian firm to counter China's interventions in the contested waters.

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

India refiners' August crude oil processing lowest in 10 months

Refiners processed 4.36 million barrels per day (18.44 million tonnes) of crude oil last month, the lowest since October 2020 and about 4.8% lower than 4.58 million bpd processed in July.

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INNOVATION: CMERI transfers solar cooking technology to two entities

The CSIR-CMERI-developed solar DC cooking system consists of a solar PV panel, a charge controller, a battery bank and a cooking oven.

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PM Modi to interact with global CEOs to highlight opportunities in India

On Thursday, the prime minister is scheduled to hold one-o-one meetings with top five American CEOs.

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Madhya Pradesh CM Chouhan visits Delhi; Discusses solar power with R K Singh

We will modernise the entire electricity system in Madhya Pradesh. Prime Minister Narendra Modi's emphasis is on green energy, and our state is rapidly moving towards solar energy, he said.

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India’s Exemplary Green Enterprise

Ambani’s Reliance Industries is a major player in the hydrocarbon, or fossil fuel, segment. That this same company is committing to make green hydrogen available at $1 per kg by 2030 is a clear signal that India can forge ahead with its transition

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Iberdrola and Prosolia plan $1 bln solar spree in Iberia

An Iberdrola spokesperson confirmed the company had struck a development agreement with Prosolia, but declined to give details

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Coal supply shortage hurts top metals, cement makers

India's top metals and cement makers are hurt by a fall in the availability of coal from state-owned Coal India Ltd (CIL) and its subsidiaries, which are sending more of the dry fuel to the power sector while cutting down the supplies to other users.

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Govt asks power plants to auction fly ash through transparent bidding process

The meeting was attended by chairperson, Central Electricity Authority (CEA); CMD, NTPC; chairman, DVC; and senior officials of the ministry

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Kalpataru Power wins arbitration award of $32 million against Rwanda Energy Group

The dispute was over a contract to install and commission a 220 KV power transmission network interconnecting the Democratic Republic of the Congo and Rwanda in Central Africa.

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EKI Energy to expand operations in more countries by March-end

EnKing International provides consulting services related to climate change, sustainability and carbon offsetting (project development and carbon credit supply).

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Indian Oil Corporation collaborates with Automation Anywhere to accelerate automation

During the first phase of a five-year plan, the company said that IOCL has automated select key processes across departments including finance, HR, inventory, and the like using Automation 360, an AI-powered Robotic process automation (RPA) platform.

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Kalpataru Power wins arbitration award of $32 million against Rwanda Energy Group

The dispute was over a contract to install and commission a 220 KV power transmission network interconnecting the Democratic Republic of the Congo and Rwanda in Central Africa.

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

Relief for consumers as fuel prices maintain stability

With no revision on Wednesday, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hWJ1gT

India's crude oil production falls 2.3 percent in August, gas output rises

India is 85 percent dependent on imports to meet its oil needs and the government has been for long looking at ways to raise the domestic output so as to reduce import dependence.

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

OVL seeks another 2-year extension for exploring Vietnamese oil block in South China Sea

OVL first took a two-year extension of the exploration period till June 2014 and then another one year. A third extension was granted on May 28, 2015, and a fourth in 2016. It got the fifth extension for two years in 2017.

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

Aluminium manufacturers write to CIL for resuming coal supplies

Aluminium is a continuous process-based highly power-intensive industry wherein coal accounts for around 40% of aluminium production cost

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India's biggest electric scooter maker wants 2027 end for petrol-run two-wheelers

A stricter mandate for electrification will force local automakers to make the switch faster. Hero MotoCorp Ltd., the world’s largest maker of motorcycles, will launch its first e-scooter by March 2022

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

Tuesday, September 21, 2021

Rooftop solar addition jumps 53% in April-June quarter on Gujarat booster

This is the highest capacity build-up in a quarter, which happened in spite of the deadly second Covid wave as the industry was prepared and the lockdowns in states were more targeted.

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Maharashtra: Pandemic, rise in energy costs boost solar power

Experts said MSMEs, which constitute the vast majority of industries in the state and the country, should be incentivized to use solar power more.

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

Tata Power plans to raise up to $750 million for green business

Tata Power has restarted fund-raising efforts for its renewables business, six months after pulling out of negotiations with Malaysia's Petronas for a potential $2 billion investment.

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

Torrent Power to acquire 156 MW wind power plants from CESC Ltd

The projects have long-term power purchase agreements (PPAs) with respective state discoms for a period of 25 years, with weighted average PPA tariff of Rs 4.68 per cent kWh

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3CCLrt8

Reliance, Adani, Tata, and Jindal among 14 others applied to Rs 4,500 crore PLI scheme

State-owned fossil fuel giant Coal India Limited (CIL), who is rapidly trying to expand its footprint in the renewables industry, has applied too; as have American firms First Solar and CubicPV

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

Reliance, Adani, Tata, and Jindal among 14 others applied to Rs 4,500 crore PLI scheme

State-owned fossil fuel giant Coal India Limited (CIL), who is rapidly trying to expand its footprint in the renewables industry, has applied too; as have American firms First Solar and CubicPV

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

Tata Power plans to raise up to $750 million for green business

Tata Power has restarted fund-raising efforts for its renewables business, six months after pulling out of negotiations with Malaysia's Petronas for a potential $2 billion investment.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lQ66mm

Torrent Power to acquire 156 MW wind power plants from CESC Ltd

The projects have long-term power purchase agreements (PPAs) with respective state discoms for a period of 25 years, with weighted average PPA tariff of Rs 4.68 per cent kWh

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kxe4BL

Ola's entry triggers price war in electric two-wheeler space

Existing players in the e-scooter space are holding on to their price points despite competitive pressures, experts said

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

Chalet Hotels joins Climate Group's initiatives on renewable energy

The commitments from the company include that all properties under the company's portfolio will move to 100 per cent renewable electricity by 2031, it added

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

India's oil imports rose to 4-month high in August

​​Indian refiners mostly buy oil about two months ahead of processing. The sources declined to be identified as they are not authorised to speak to the media.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39obyHu

Gautam Adani says group to invest $20 billion on clean energy technology in 10 years

Gautam Adani has earlier expressed his ambitions of making the group the world's largest renewable power company by 2030

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

Wind turbine maker Vestas to shut plants in Spain, Germany and Denmark

"Today's fast-moving energy transition, rapid introduction of new products and recent integration of our onshore and offshore business require us to further mature and evolve our supply chain network and manufacturing footprint," COO Tommy Rahbek Nielsen said in a statement.

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Solar industry demand raises temperature in silicon market

Wood Mackenzie expects a deficit of 92,000 tonnes this year compared with a shortfall of 41,000 tonnes last year. It expects solar energy to account for 19% or 658,000 tonnes of total demand this year compared with 598,000 tonnes in 2020.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nSSIR7

Sterling and Wilson Solar commissions 66MWp plant in Jordan

The project is critical for Jordan's economic growth as it will reduce its reliance on costly hydrocarbon imports for power generation, Amit Jain, Global CEO, Sterling and Wilson Solar Group said

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India adds 521 MW rooftop solar capacity in Q2 2021, highest in a quarter: Report

Rooftop solar installations were up 517 per cent year-on-year

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

India adds 521 MW rooftop solar capacity in Q2 2021, highest in a quarter: Report

Rooftop solar installations were up 517 per cent year-on-year

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

Sterling and Wilson Solar commissions 66 MW solar energy project in Jordan

The project will save about 50,000 tonnes of carbon emissions annually

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3u1mm86

India's oil imports rose to 4-month high in August

​​Indian refiners mostly buy oil about two months ahead of processing. The sources declined to be identified as they are not authorised to speak to the media.

from Energy-Industry-Economic Times https://ift.tt/39mhfFZ

Monday, September 20, 2021

Climate talks: India links success of COP26 with climate finance and transfer of green tech at low cost

Linking the success of forthcoming 26th session of the UN climate conference (COP26) with climate finance and transfer of green technologies at cost, India on Monday said these two issues were the "critical enablers for climate action" without which meaningful pathways to low carbon development would not be realised.

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

Niti Aayog hails development in UP’s aspirational districts; Solar power in focus

Rooftop solar power and electric vehicles are being promoted and irrigation facilities have improved in Bundelkhand.

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

Rajasthan: Delay in power evacuation nod stalls solar park development

The state government in its solar policy has set a target of adding 30,000 megawatt and the capacity of the proposed parks since April 2020 constitute over 7,000 MW.

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Reliance, Tata, Adani may bid for solar projects under PLI scheme

The government is expecting a grand response to the programme with bids at nearly four times the 10 Gw tender

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nPyM1x

KEC International buys Gujarat company for oil & gas projects

KEC announced the acquisition of Gujarat-based Spur Infrastructure at an enterprise value of ₹62 crore.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3AnNb8J

CIL signs pact worth Rs 1,880 crore for commercial extraction of coal bed methane

The CBM would be extracted from Jharia Block I under leasehold area of BCCL, an official statement said

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

BP gambles big on fast transition from oil to renewables

All oil majors face mounting pressure from regulators and investors worldwide to develop cleaner energy and divest from fossil fuels, a primary source of greenhouse-gas emissions that cause global warming.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hNLp9C

Reliance, Tata, Adani may bid for solar projects under PLI scheme

The government is expecting a grand response to the programme with bids at nearly four times the 10 Gw tender

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3tUWmv0

KEC International buys Gujarat company for oil & gas projects

RPG Enterprises' flagship infrastructure company, KEC International, has diversified into engineering and construction for the oil and gas sector with an acquisition and a key appointment of a senior executive, and has ambitions of bagging big-ticket orders in future, its chief

from Energy-Industry-Economic Times https://ift.tt/3lGjA49

L&T Hydrocarbon Engineering wins order from Petronet LNG

The contract is for engineering, procurement, construction and commissioning of two LNG storage tanks with a capacity of 170,000 m3 each for phase 3-B of Dahej expansion project in Gujarat

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kn0ssG

Indian Oil says petrol, diesel prices may go up further

The current retail selling price of Petrol and Diesel in Delhi stands at Rs 101.19 per litre and Rs 88.62 per litre, respectively.

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

Tata Power to set up 250-MW solar power plant in Maharashtra

With this, the total renewable capacity of Tata Power will reach 4,611 MW

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

TP Saurya gets LoI for 250 MW solar plant

The project has been awarded to TPSL through tariff-based competitive bidding followed by e-reverse auction

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nP4Vqf

Tata Power to set up 250-MW solar power plant in Maharashtra

With this, the total renewable capacity of Tata Power will reach 4,611 MW

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3zrBU5Q

Electrical equipment market may grow at 12 per cent annually to reach $72 billion by 2025

Value of the exports from India will grow to USD 13 billion, from USD 8.62 billion at present, he said, adding the world now looks for India as an alternative to China

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Tata Power bags 250 Mw solar PV contract from Mahagenco

“We are proud to win this large scale Grid-Connected Solar Photovoltaic EPC power project. The project will further promote the share of renewable power in the overall energy mix in Maharashtra. We are one of the leaders in solar power and committed to usher in an era of clean energy in the country," Tata Power CEO and MD Praveer Sinha said.

from Energy-Industry-Economic Times https://ift.tt/3u25gXx

L&T Hydrocarbon bags Petronet LNG order

Larsen & Toubro’s hydrocarbon engineering division has won a “significant order” from Petronet LNG as a part of its Dahej expansion project in Gujarat, the former said in a statement on Monday.

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

Oil down on stronger greenback, rising U.S. rig count

U.S. West Texas Intermediate (WTI) crude futures fell 30 cents, or 0.4 per cent, to $71.67 a barrel at 0059 GMT, after declining by 64 cents on Friday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3zpT9EH

We are planning to expand our solar business in Maharashtra, Goa: Mahua Acharya, MD, CESL

The company is also actively investing in energy storage solutions, she added

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

Sunday, September 19, 2021

Welspun India to invest Rs 800 cr on capacity enhancement over next two years

While for its Vapi, Valsad (Gujarat) based plant, the board has approved additional investment relating to automation for faster production turnaround at lower cost

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Z4c0bU

EV maker WardWizard to invest Rs 150 cr in next 6 months

The company saw its vehicle sales surging by a record 435 per cent to 2001 units in August over 374 units in the same period year-ago

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

As leaders reconvene at UN, climate and COVID top the list

With the coronavirus pandemic still raging in many parts of the world, leaders from more than 100 nations are heading to New York this week for the United Nations' annual high-level gathering.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Ck6Dns

As leaders reconvene at UN, climate and COVID top the list

With the coronavirus pandemic still raging in many parts of the world, leaders from more than 100 nations are heading to New York this week for the United Nations' annual high-level gathering.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3tU80pL

Welspun India to invest Rs 800 cr on capacity enhancement over next two years

While for its Vapi, Valsad (Gujarat) based plant, the board has approved additional investment relating to automation for faster production turnaround at lower cost

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

Oil companies get good response to ethanol procurement tender

The EOI was published by Bharat Petroleum Corp Ltd (BPCL) on behalf of oil marketing companies on August 27, and it opened on September 17.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hJalz9

China, pandemic, energy top Japan's leadership race debate

The contenders include front-runner Vaccinations Minister Taro Kono, former Foreign Minister Fumio Kishida, as well as two female candidates.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Ep8SYm

Rajasthan: Subodh Agarwal gets additional charge of energy department in major rejig

In a major bureaucratic reshuffle, the state government transferred 25 IAS officers including two district collectors and an overhaul in the energy department.

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

Saturday, September 18, 2021

Promises of climate finance, low-cost tech transfer to developing nations must be fulfilled: India

Union Environment Minister Bhupender Yadav said development imperatives are as important as combating climate change and no one should be left behind.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39lx7IC

Fuel prices stable for fortnight amidst volatility in global oil market

The oil marketing companies (OMCs) on Sunday kept pump prices of auto fuels petrol and diesel unchanged, the 14th consecutive day of no revision, as they preferred to wait and watch the global oil situation before making any revision in prices.

from Energy-Industry-Economic Times https://ift.tt/3hNK9Dn

Numaligarh Refinery processed 2,707 TMT of crude oil in FY21, a 14% increase over previous year

The 28th Annual General Meeting of NRL was held on Saturday, the 18th of September, 2021 at NRL Corporate Office. The meeting was presided over by Chairman NRL and CMD Oil India Limited ( OIL), S C Mishra and was attended by MD NRL, S K Barua.

from Energy-Industry-Economic Times https://ift.tt/39fwccX

PNGRB seeks bids for city gas licence for 65 areas

Presently, there are 228 geographical areas authorised by PNGRB in 27 states and UTs covering approximately 53 per cent of the country's geographical area and 70 per cent of its population

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

INNOVATION: IIT Delhi researchers develop device that generates electricity from raindrops, ocean waves

The electricity generated by the device called 'Liquid-solid Interface Triboelectric Nanogenerator' can be stored in batteries for further use

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

Friday, September 17, 2021

Petroleum products not to be included under GST, says Nirmala Sitharaman

Further, the GST rate on fortified rice kernels which can be used in schemes like Integrated Child Development Services Scheme has been reduced from 18 per cent to 5 per cent

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

SC issues notice in PPA termination matter to Adani Power in rare curative order

“We have gone through the curative petition and the relevant documents. In our prima facie opinion, there are substantial questions of law raised in this curative petition, which require consideration,” said the order.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hI3uWy

Puri dials Saudi Arabia for second time in two months

In July, soon after becoming the oil minister, Puri had dialled OPEC nation kingpins to convey India's concern over high oil prices that were threatening to impact the nascent economic recovery after a devastating pandemic

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

Solar innovation: 2 Indian projects among 15 finalists for Prince William's Earthshot Prize

Vinisha Umashankar made the cut within the "Clean Our Air" category with her concept of a solar-powered clean alternative to the charcoal-powered street irons that press clothes for millions of Indians each day.

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

Promises of climate finance, low-cost tech transfer to developing nations must be fulfilled: India

Union Environment Minister Bhupender Yadav said development imperatives are as important as combating climate change and no one should be left behind.

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

Coal India arm ECL installs 250 kW rooftop solar power project

"ECL, the West Bengal-located coal-producing subsidiary of Coal India Ltd, commissioned a 250-kW rooftop solar power project on Wednesday ramping up its total installed solar roof top capacity to 692 kW," the statement said.

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

Gautam Solar launches trading division for solar panel components

The company launched its new trading division solely focused on solar panel components, the division has been planned to boost the ongoing demand for solar energy in the country and to support growing smaller businesses in the sector.

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

CESL plans to achieve 8.5 GW solar capacity in 5-6 years: Mahua Acharya, MD

The firm is looking to raise $200 million, each, for supplying electric buses, two-wheelers, and solar plants

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hJSU1j

India is breaking all records on power demand front. Here is why

The all India peak power demand in the period between April-August 2021 stood at 203,014 MW, as compared to 171,510 MW in the same period last year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Xmqd3c

Should petrol, diesel be brought under the ambit of GST? States, Centre face tough call

It would be a tough decision for the GST council taking into account how central and state governments collect tax from petrol sales.Generation of revenue for states would be impacted as central excise and VAT make up for half the selling price.

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

SC issues notice in PPA termination matter to Adani Power in rare curative order

“We have gone through the curative petition and the relevant documents. In our prima facie opinion, there are substantial questions of law raised in this curative petition, which require consideration,” said the order passed on Thursday by a five-judge bench headed by chief justice N V Ramana.

from Energy-Industry-Economic Times https://ift.tt/3EsvEi3

'Adoption of hybrid energy sources key to meet 2050 carbon emission goals'

Nanda said climate change is a real concern, and energy transitions being made today must be done keeping needs of future generations in mind

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3zjsY2r

Ola Electric clocks Rs 1,100 crore in scooter sales in two days, purchase window closed

Ola restarted on Wednesday sales and bookings of its electric scooters—S1 and S1 Pro—on the Ola app only, after the website built for purchases ran into technical difficulties last week

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Euq8eG

CESL plans to achieve 8.5 GW solar capacity in 5-6 years: Mahua Acharya, MD

The firm is looking to raise $200 million, each, for supplying electric buses, two-wheelers, and solar plants

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

Thursday, September 16, 2021

77% of Indians want petrol and diesel under GST: LocalCircles survey

The survey received more than 7500 responses from citizens located in 379 districts of India. 61% of the participants were men while 39% were women. 44% of respondents were from tier 1 districts, 29% from tier 2 and 27% respondents were from tier 3, 4 and rural districts.

from Energy-Industry-Economic Times https://ift.tt/2Z5BaHj

Oil steady as U.S. storm-hit supply returns slowly

U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $72.59 a barrel at 0147 GMT, after settling unchanged on Thursday

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lxH8bp

Fuel prices maintain stability amidst volatility in global oil market

Oil marketing companies (OMCs) on Friday kept pump prices of auto fuels petrol and diesel unchanged, the 12th consecutive day of no revision, as they preferred to watch the global oil situation before making any revision in prices.

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

RWE qualifies as bidder for French floating offshore wind project

The project, to be located off the island Belle-Ile and Ile de Groix in South Brittany and installed in water depth of about 90 metres, will be the first commercial floating project in France and have a capacity of 270 megawatts.

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

Eneos, Fortescue to study Japan-Australia hydrogen supply chain

Green hydrogen is a zero-carbon fuel made by using renewable power to split water into hydrogen and oxygen and is seen as a way to decarbonise emissions-intensive long-haul transport and heavy industry.

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

Bids for 4,000 MWhr battery storage projects to be invited soon: Power Minister R K Singh

The minister said, at present, India has 100 GW installed solar and wind capacity. India has set target of having 175 GW renewable energy capacity by 2022.

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

19 injured in blast in Indian Oil's Barauni refinery in Bihar

Ankita Srivastava, corporate communication manager of IOCL said the injured workers were rushed to Barauni Refinery Hospital and a private hospital.

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

China's JinkoSolar says some panels being held at U.S. border

Jinko executives told Wall Street analysts on a quarterly conference call on Wednesday that its margins and profits had suffered due to the detainments.

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

Andhra Pradesh cabinet accepts Centre’s solar power offer

The Solar Energy Corporation of India has already offered to supply 9,000mw solar power to the state which will help the agriculture sector get quality and uninterrupted power.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3u0ftUB

MoS Power Krishan Pal Gurjar attends 15th East Asia Summit Energy Ministers meet

The theme of the meeting "We Care, We Prepare, We Prosper", aimed at coordinating efforts of ASEAN countries in pursuing the goal of energy security and energy transition that will benefit the people of our region.

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

6th BRICS Young Scientist Forum: India focuses on energy, healthcare, digital revolution and innovation

"I am happy the Forum aims to foster dialogue and has chosen important and relevant themes such as Health care, Energy, Cyber and Innovations, that reflect contemporary realities," said Sanjay Bhattacharyya.

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BHEL commissions India’s largest floating solar plant in Andhra Pradesh

The company’s scope of work included design, engineering, procurement and construction of the solar project

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

Petrol sales up 5.7%, Diesel down 1.5% in the first fortnight of September

Diesel, which makes up about 40% of all refined fuels in the country, is considered a broad indicator of economic activity in the country.

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

Bids for 4,000 MWhr battery storage projects to be invited soon: Power Minister R K Singh

The minister said, at present, India has 100 GW installed solar and wind capacity. India has set target of having 175 GW renewable energy capacity by 2022.

from Energy-Industry-Economic Times https://ift.tt/3Ep1yff

BHEL commissions India’s largest floating solar plant in Andhra Pradesh

The company’s scope of work included design, engineering, procurement and construction of the solar project

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

Power Finance Corp issues India’s first-ever Euro Green Bonds

It is the first-ever Euro issuance by an Indian NBFC

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nM6yEO

India's coal-fired power output falls 1.5 per cent, renewables jumps in September

The steep increase in coal-fired generation in August pushed average coal stock held by Indian coal-fired plants down to just six days' needs as of Sept. 13, a near three-year low

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

India's September diesel sales remain below pre-COVID levels

Diesel sales by the country's state fuel retailers came in at 2.1 million tonnes during Sept. 1-15, a decline of about 1.5% from last year and down 6.8% from the same period in 2019, the data showed.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Ak7L9X

India's coal-fired power output falls 1.5%, renewables jumps in September

Renewable energy output rose 53.6% in September, driven by a more than doubling of wind power production and an 18.6% rise in solar power generation, the POSOCO data showed, making up for a 5.3% fall in hydro power output, and a 33.7% decline in gas-fired power.

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

India's September diesel sales remain below pre-COVID levels

Diesel sales by the country's state fuel retailers came in at 2.1 million tonnes during Sept. 1-15, a decline of about 1.5% from last year and down 6.8% from the same period in 2019, the data showed.

from Energy-Industry-Economic Times https://ift.tt/3tIBQO6

Vineyard Wind secures $2.3 bln loan, allowing construction to start

The senior debt financing allows the project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, to mobilize its contractors and suppliers to begin work, the companies said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3zanE1v

Clean energy fund manager Glennmont launches new power company

The new company, called BNZ, plans to install 1 gigawatt of solar PV capacity in Italy, Portugal and Spain by 2024. BNZ will focus primarily on solar PV projects but could expand into technologies such as battery storage and hydrogen, Glennmont said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hz1dgk

What will it take to make price-conscious Indians switch to electric vehicles?

The Indian government is trying to push domestic manufacturing by incentivising local production, and disincentivising the import of EVs

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3z9Y7p2

Wednesday, September 15, 2021

My role had diminished, there was no professional growth: EESL EVC on resignation

Such incidents are common in the private sector but rare in public sector units, particularly at top positions. EESL is a joint venture among state-run NTPC, Power Grid Corp, Power Finance Corp and REC.

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

No change in petrol, diesel prices for 11th consecutive day

The oil marketing companies (OMCs) on Thursday kept pump prices of auto fuels -- petrol and diesel -- unchanged, the eleventh consecutive day of no revision, as they preferred to watch the global oil situation before making any revision in prices.

from Energy-Industry-Economic Times https://ift.tt/2XihO0G

Gujarat High Court issues notice on solar energy subsidy pullback

The high court was moved by a businessman from Mahisagar district, Ramanlal Patel, who submitted that he had invested in setting up a solar power project following the Gujarat Industrial Policy, 2020.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3z9I9v6

Cairn Energy, Air India seek stay on New York court proceedings

Cairn and Air India in a joint request to US District Judge Paul Gardephe on September 13 stated that a stay on proceedings would give them "additional time to evaluate the effects and implications" of legislation that repealed the retroactive tax.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3zg3aV9

Gujarat High Court issues notice on solar energy subsidy pullback

The high court was moved by a businessman from Mahisagar district, Ramanlal Patel, who submitted that he had invested in setting up a solar power project following the Gujarat Industrial Policy, 2020.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3AjKK7g

Coal India plans to increase prices 'slowly'

The world's largest coal miner, which accounts for over 80per cent of India's output of the fuel, last raised coal prices in 2018, and is generally not aggressive with pricing

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3zj9YkC

Adani gets letter of intent for acquisition of MP Power Transmission Package-II

Adani Transmission Ltd is one of India's largest private transmission company with a cumulative transmission network of 18,800 circuit kilometer. The company will build, own, operate and maintain the transmission project in the state for a period of 35 years.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/39c83E0

Chevron would rather pay dividends than invest in wind and solar -CEO

The two renewable sources of energy generate low financial return for stockholders, Wirth said in an interview on CNBC

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3tMwCk9

Czech parliament approves law hoping to kickstart renewable energy projects

The central European country gets 16 per cent of its energy needs from renewables, and needs large investments to meet its share on the EU's climate targets

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

Adani gets letter of intent for acquisition of MP Power Transmission Package-II

Adani Transmission Ltd is one of India's largest private transmission company with a cumulative transmission network of 18,800 circuit kilometer. The company will build, own, operate and maintain the transmission project in the state for a period of 35 years.

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

Clean energy fund manager Glennmont launches new power company

The new company, called BNZ, plans to install 1 gigawatt of solar PV capacity in Italy, Portugal and Spain by 2024. BNZ will focus primarily on solar PV projects but could expand into technologies such as battery storage and hydrogen, Glennmont said.

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

AMP Energy commissions solar power plant at Pondicherry University

The project is one of the largest solar power plants at a central university in the country. It is spread over 15 buildings, 2 car parks and 2 land parcels in the university campus, according to a statement.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hzbmd8

Cairn Energy, Air India seek stay on New York court proceedings

Cairn and Air India in a joint request to US District Judge Paul Gardephe on September 13 stated that a stay on proceedings would give them "additional time to evaluate the effects and implications" of legislation that repealed the retroactive tax.

from Energy-Industry-Economic Times https://ift.tt/3lkiBq4

Coal on way out as renewable energy costs hit record lows in India

New coal does not make economic sense for India anymore, as renewable energy can deliver these outcomes better, quicker and cheaper.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2XoWt60

Tuesday, September 14, 2021

Prices of petrol, diesel kept static for tenth consecutive day

In Delhi, petrol and diesel are selling at Rs 101.19 and Rs 88.62 per litre respectively while the prices in Mumbai for these auto fuels are Rs 107.26 per litre and Rs 96.19 a litre.

from Energy-Industry-Economic Times https://ift.tt/3hziI06

Coal on way out as renewable energy costs hit record lows in India

New coal does not make economic sense for India anymore, as renewable energy can deliver these outcomes better, quicker and cheaper.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lpg12c

M&M MD stresses on India-Europe tech partnership to reverse climate change impact

Speaking at a FICCI event here on the future of sustainable technologies in India-Europe partnership, Shah noted that Europe and India could have technology-based partnerships in various sectors which could help in achieving Net Zero emissions by 2050.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hBdl0e

Rajasthan: Court stays discoms’ duty demand on solar plants

The exemption from electricity duty is provided in the Rajasthan Solar Policy-2019. Captive solar plants are eligible for exemption for seven years from the date of the commissioning of the projects

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hzOY31

Biden pitches spending plan as key to fight climate change

Biden spoke about "more jobs for the economy" as he checked out a giant windmill blade laying on the ground outside the lab and got a demonstration of wind turbine technology

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lH3mIj

Rajasthan High Court stays discoms’ duty demand on solar power plants

Captive solar plants are eligible for exemption for seven years from the date of the commissioning of the projects.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3lrBW96

JSW Energy to invest Rs 35,500 crore in green energy projects

The Maharashtra government and power major JWS Energy Ltd on Tuesday signed two MoUs to set up two green projects worth Rs 35,500 crore.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Ap2pKs

Centre requests Indian companies to join 'Leadership Group for Industry Transition'

Minister for Environment, Forest and Climate Change, Bhupender Yadav on Wednesday said that the need of the hour is 'deeds' and not 'plain words' to deal with climate change.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nzQO88

Record high power prices make case for faster green transition, EU says

Wholesale European power prices have doubled this year, driven by factors including soaring coal and gas prices, surging CO2 prices and lower than usual renewable energy output

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

EESL executive chairman Saurabh Kumar resigns

EESL’s Kumar became the face of energy efficiency programmes in the country as he spearheaded the world’s largest non-subsidised distribution programme of LED lamps under the ‘Unnat Jyoti by Affordable LEDs and Appliances for All’ (Ujala) scheme.

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

50 city gas distribution areas to be put under common carriers list

After the regulator declares a city gas area as a common carrier, the original licensee has to permit about 20% or more of its network capacity for use by other suppliers.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2VHL0xD

Rajasthan: Court stays discoms’ duty demand on solar plants

The exemption from electricity duty is provided in the Rajasthan Solar Policy-2019. Captive solar plants are eligible for exemption for seven years from the date of the commissioning of the projects

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hxDv4i

JSW Energy to invest Rs 35,500 crore in green energy projects

The Maharashtra government and power major JWS Energy Ltd on Tuesday signed two MoUs to set up two green projects worth Rs 35,500 crore.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Chpr6T

Indian Oil launches cashback scheme on Google Pay fuel purchase

The companies also plan to make IndianOil’s countrywide loyalty program XTRAREWARDS accessible on the Google Pay app as the partnership progresses.

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