Sunday, October 31, 2021

Prices of commercial LPG cylinders increased by Rs 266, no increase in domestic cylinders' cost



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LPG Price hike: Commercial cylinders to cost Rs 266 more

A 19 kg LPG cylinder in Delhi, which used to cost Rs 1734, will now cost Rs 2000.50 after the hike. In Mumbai, a commercial LPG cylinder now costs Rs 1950. In Kolkata, a 19-kg commercial cylinder now costs Rs 2,073.50 and in Chennai its price has increased to Rs 2,133.

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PM Modi arrives in UK for COP26 summit, bilateral talks with Johnson

The Prime Minister was received to the tune of Scottish bagpipes as he arrived at his hotel in Glasgow, where he was greeted by a large group of Indian diaspora representatives with chants of "Bharat Mata Ki Jai"

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Saudi Arabia appoints financial advisers on green debt issuance

Saudi Arabia's economy was recovering well from the COVID-19 pandemic and he expected the non-oil economy to grow between 4.7%-5% this year, with overall GDP growth seen at 2.8%.

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PM Modi says developed nations should provide 1 per cent of GDP to finance green projects in developing world

Addressing the G20 Summit Session on 'Climate Change and Environment', Prime Minister Modi said that by forgetting climate justice, "we are not only doing injustice to the developing countries, but we are betraying entire humanity".

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India pushes for climate equity at G20 Summit's Rome Declaration: Goyal

India claimed that it pushed for introduction of "what actions need to be taken, including by developed countries" to achieve the climate and energy goals in the Rome Declaration at the conclusion of G20 Leaders' Summit.

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PM Modi says developed nations should provide 1 per cent of GDP to finance green projects in developing world

Addressing the G20 Summit Session on 'Climate Change and Environment', Prime Minister Modi said that by forgetting climate justice, "we are not only doing injustice to the developing countries, but we are betraying entire humanity".

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SECI to float tender for 1,000 MW battery energy storage system

A stakeholder consultation was held jointly by the Ministry of Power, Ministry of New & Renewable Energy and SECI, on October 28, 2021, under the chairmanship of power secretary.

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India, UK to launch solar Green Grids Initiative at COP26

The new Global Green Grids Initiative - One Sun One World One Grid (GGI-OSOWOG) is an evolution of ISA's OSOWOG multilateral drive to foster interconnected solar energy infrastructure at a global scale.

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Cement, steel industries should use green hydrogen for energy: Gadkari

He was speaking at the inauguration of various facilities of Manganese Ore India Limited (MOIL) based in Nagpur.

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India, UK to launch solar Green Grids Initiative at COP26

The new Global Green Grids Initiative - One Sun One World One Grid (GGI-OSOWOG) is an evolution of ISA's OSOWOG multilateral drive to foster interconnected solar energy infrastructure at a global scale.

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Petrol, diesel prices: Fuel rates at fresh all-time high, petrol nears Rs 110 mark in Delhi



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Petrol, diesel prices hiked for sixth consecutive day

In the national capital, with a hike of 35 paise a litre, the price of petrol rose to Rs 109.69 per litre while the price of diesel was increased by the same amount to cost Rs 98.42.

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OPINION: Combating Climate Change - A Green New Deal for India

It is now time for a Green New Deal for India and the Government, the private sector, investors, civil society organizations, and individual citizens need to step forward and catalyze the Next Green Revolution.

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G-20 leaders tackle climate change as summit ends

The Group of 20 countries, which represent more than three-quarters of the world's greenhouse gas emissions, are looking for common ground on how to reduce emissions.

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Is India set to go big on 'green' hydrogen at COP26?

Just as it was the International Solar Alliance (ISA) at the time of Paris COP in 2015, there is a strong possibility that India would go big about "green" hydrogen at this COP that starts on Sunday at the UK's Glasgow.

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Saturday, October 30, 2021

Petrol, diesel prices: Fuel rates at fresh all-time high, petrol crosses Rs 115 mark in Mumbai



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Modi taking impressive climate actions: British envoy on Glasgow summit

India has already proved that it has the innovation and political will to follow a sustainable development path. Also India has a huge opportunity to use new tech to pioneer a clean development path, he said.

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Is India set to go big on 'green' hydrogen at COP26?

Just as it was the International Solar Alliance (ISA) at the time of Paris COP in 2015, there is a strong possibility that India would go big about "green" hydrogen at this COP that starts on Sunday at the UK's Glasgow.

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China committed to developing clean, low-carbon energy: Ambassador

China is committed to developing clean and low-carbon energy, Chinese Ambassador to Britain Zheng Zeguang said ahead of the 26th United Nations Conference of Parties on Climate Change (COP26) in Glasgow, Scotland.

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Petrol, diesel prices rise to new high after fifth consecutive hike today

Today, oil marketing companies have increased petrol and disel prices by 35 paise per litre. With this petrol prices in Delhi reached to Rs 109.34 per litre while diesel is now retailing at Rs 98.07 per litre in the national capital.

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India will use its 'margin of persuasion' to make sure fuel prices are down: Puri

India will use whatever "margin of persuasion" it has while talking to oil-producing nations to make sure the fuel prices are down in the country, oil minister Hardeep Singh Puri said on Friday.

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Punjab to terminate power purchase pact with GVK

The development assumes significance as several Punjab Congress leaders, including Navjot Singh Sidhu, have been pressing for scrapping 'faulty' PPAs signed during the previous SAD-BJP regime to provide electricity to people at cheaper rates.

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Britain to launch $220 mln fund to boost floating wind power industry

The announcement comes as Britain seeks to boost its green credentials before hosting the United Nations' COP 26 climate summit in Glasgow from Sunday.

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Biden to push G20 energy producing countries to boost production

U.S. President Joe Biden on Saturday will urge major G20 energy producing countries with spare capacity to boost production to ensure a stronger global economic recovery, a senior administration official said ahead of a summit.

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India, Italy to collaborate on green hydrogen, gas sector

India and Italy have agreed to explore development of green hydrogen, setting up renewable energy corridors, and joint projects in the natural gas sector as the two nations sought to strengthen partnership in energy transition.

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Grid connected solar projects soon in Jharkhand, Odisha

Tata Steel and Tata Power have teamed up to develop grid connected solar power projects in Jharkhand and in Odisha. In a statement issued on Friday, the Tata Steel said the two companies have signed a power purchase agreement (PPA) of 25 years for setting up a 41MW solar project.

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Petrol crosses Rs 121 per litre in border district of MP; diesel costs over Rs 110

The price of petrol rose to Rs 121.13 per litre and the diesel cost reached Rs 110.29 per litre in Anuppur, while petrol crossed the Rs 120-mark in Balaghat.

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Power ministry proposes amendments in EC Act to boost renewable energy consumption

New Delhi, Oct 30 (PTI) The Ministry of Power has proposed amendments to Energy Conservation Act, 2001 which include provision for specifying minimum quantum of renewable energy in the overall consumption by establishments and industrial units.

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PSPCL gets solar power offers at record low price of Rs 2.33 per unit

With affordable electricity a key poll plank of the Congress, Punjab State Power Corporation Limited (PSPCL) had floated two tenders for procurement of total 500 MW solar power and one of the offers received is for Rs 2.33 per unit.

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Solar energy boost for ‘powerless’ homes

Convergence Energy Services Ltd (CESL) has been appointed to design, manufacture, supply, install and commission the systems with a comprehensive maintenance contract for five years under the remote village electrification programme.

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GE Power India's independent director Neera Saggi resigns

The company confirmed that there is no other material reason for her resignation other than those mentioned in the resignation letter.

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Friday, October 29, 2021

Petrol, diesel rates up for the fourth straight day; Check fuel rates



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India's progress on blue economy key to its energy self-reliance: MoS MEA

Addressing a Pravasi Bharatiya Diwas Conference on 'Future of Natural Resources (Hydrocarbons, Rare Earth Metals and Blue Economy)', he said India holds a unique maritime position as it is surrounded by oceans on its three sides.

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ReNew Power ranks 10th in Fortune’s Change the World list 2021

The annual list recognizes firms that are working to improve human condition even as they pursue their business goals

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Petrol, diesel rates up for the fourth straight day. Here's what it will cost you now

Oil Minister Hardeep Singh Puri said India's dependence on traditional energy sources such as petrol and coal will remain for a very long time and the transition to green energy sources will be orderly only if their prices are affordable.

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ReNew Power ranks 10th in Fortune’s Change the World list 2021

The annual list recognizes firms that are working to improve human condition even as they pursue their business goals

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Yezdi Nagporewalla appointed KPMG India CEO; to take charge from Feb 2022

The company, which in a departure from the past, has split the roles of chairman and CEO with this appointment, said it will announce the chairman in the next few months.

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IIT-Madras Research Park partners with St Andrews University for renewable energy goals

IIT-Madras Research Park on Friday said it is collaborating with University of St Andrews (UoSA), UK, to help India achieve 100% of the country’s energy requirements through renewable energy.

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Tata Steel collaborates with Tata Power to set up 41MW grid connected solar project in Jharkhand, Odisha

The two companies have signed a Power Purchase Agreement (PPA) for a duration of 25 years to set up 41 MW solar project, which will be a combination of rooftop, floating and ground mounted solar panels, Tata Steel said in a statement.

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India will use its 'margin of persuasion' to make sure fuel prices are down: Hardeep Singh Puri

India will use whatever "margin of persuasion" it has while talking to oil-producing nations to make sure the fuel prices are down in the country, Oil Minister Hardeep Singh Puri said on Friday.

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JSW Energy to finalise recast plan by December: CEO

​“We will be organizing it in two separate verticals so that different investors with different thought processes can invest in these businesses and value unlocking can be done. We may look at strategic investors and this would help us explore an initial public offer over a period of time,” Jain said.

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Tata Steel collaborates with Tata Power to set up 41MW grid connected solar project in Jharkhand, Odisha

The two companies have signed a Power Purchase Agreement (PPA) for a duration of 25 years to set up 41 MW solar project, which will be a combination of rooftop, floating and ground mounted solar panels, Tata Steel said in a statement.

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Adani Green's operational capacity increased by 93% to 5,410 MW

AGEL's overall renewable portfolio increases to 20,284 MW on account of completion of acquisition of SB Energy's India Renewable portfolio of 4,954 MW, which includes 1,700 MW operational assets and award of 450 MW Wind project from SECI in Oct 2021.

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OPINION: The new asset class in India - Renewable Energy

As tenders get bigger and megawatts larger, the golden period of renewable energy in India is here

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Adani Green's operational capacity increased by 93% to 5,410 MW

AGEL's overall renewable portfolio increases to 20,284 MW on account of completion of acquisition of SB Energy's India Renewable portfolio of 4,954 MW, which includes 1,700 MW operational assets and award of 450 MW Wind project from SECI in Oct 2021.

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Power prices see price correction at IEX on improved coal supplies, onset of winter season

"The power prices in the Exchange electricity market- the Day-ahead and the Real-time market have witnessed a significant correction in the last 7 days supported by measures initiated by the government to address the various supply-related challenges," an IEX statement said.

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Industry looks to UN climate talks to steer cleaner shipping

More than 200 leading companies and organisations, including oil majors and port authorities, have joined an initiative launched last month that seeks carbon free shipping by 2050.

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Industry looks to UN climate talks to steer cleaner shipping

More than 200 leading companies and organisations, including oil majors and port authorities, have joined an initiative launched last month that seeks carbon free shipping by 2050.

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PM Modi says will discuss climate change, economic recovery with G20 leaders

Modi said he will be visiting Rome and the Vatican City from October 29-31 at the invitation of Italian Prime Minister Mario Draghi, following which he will travel to Glasgow, the UK, from November 1-2 at the invitation of British Prime Minister Boris Johnson.

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Thursday, October 28, 2021

Petrol, diesel prices: Fuel rates hiked again for the third straight day



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Adani Transmission raises $700 million for under-construction assets

The revolving facility is an important element of ATL's overall capital management plan and is key to fully funding its growth aspirations.

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V Satish Kumar takes over as Director (Marketing), Indian Oil Corporation

He was earlier the business head of Madhya Pradesh & Chhattisgarh, overseeing retail & direct sales, LPG, lube sales, operations, project management, planning, HRD, and Information Technology.

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PM Modi says will discuss climate change, economic recovery with G20 leaders

Modi said he will be visiting Rome and the Vatican City from October 29-31 at the invitation of Italian Prime Minister Mario Draghi, following which he will travel to Glasgow, the UK, from November 1-2 at the invitation of British Prime Minister Boris Johnson.

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UN calls for more climate adaptation cash from COP26 Summit

Climate adaptation means adjusting to the current effects of climate change and preparing for its predicted impacts in future.

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India well on its way to meet NDC commitments: Foreign Secy Shringla

​His comments came days ahead of the 26th Conference of Parties (COP-26) to the UN Framework Convention on Climate Change (UNFCCC) to be held in Glasgow.

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Coal stock at plants improves to average 5 days of consumption

Power plants are adding three lakh tonnes of coal supply every day and are expected to reach six days average stock in the next two-three days, a senior government official said.

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Petrol and diesel prices up for third straight day. Check the pinch

In the national capital, both petrol and diesel prices were up by 35 paise each.

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Adani Green Energy Q2 results: Net profit jumps nearly six-fold to Rs 100 cr

The company's total income stood at Rs 1,411 crore in the second quarter of the current fiscal as against Rs 718 crore in the same period a year ago

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Coal ministry says supply of dry-fuel to thermal power plants rising consistently

As on October 26, 2021, the coal stock with power plants stood at 9.028 million tonnes (MT). For the last one week, overall coal supply to power sector has been consistently more than 2.1 million tonnes.

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Infosys, bp to develop 'Energy as a Service' solution

The companies will pilot the digital platform at the Infosys Pune Development Centre in an environment that replicates a small city, where energy is generated, stored, and consumed at multiple points, it added.

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Netherlands set to miss 2030 climate goals without further action

The Netherlands will likely miss climate targets set for 2030 unless more is done to curb greenhouse gas emissions quickly, the Dutch government's climate policy adviser (PBL) said on Thursday.

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Govt proposes sale of small LPG cylinders, offering financial services via ration shops

The Centre on Wednesday said it plans to allow retail sale of small LPG cylinders as well as offer financial services through fair price shops as part of its measures to enhance the financial viability of these outlets.

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India September crude imports hit 5-month high as business activity pick-up

Crude oil imports in the world's third largest oil consumer and importer rose 16% to 17.61 million tonnes from a year earlier, according to data on the website of the Petroleum Planning and Analysis Cell.

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India plans to seek carbon emissions data linked to each LNG cargo

"The growing push for greener LNG over the past year is already transforming the way LNG is sold," Hardeep Singh Puri said at International Energy Forum's special gas market dialogue.

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AIPEF seeks CAG audit of independent power producers

All India Power Engineers Federation (AIPEF) on Thursday demanded an audit of independent power producers by the Comptroller and Auditor General (CAG) after thermal power stations were allowed blending of imported coal during the ongoing dry fuel shortage.

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MP: Petrol reaches Rs 120.4 per litre in Anuppur; diesel at Rs 109.5

Petrol now costs Rs 116.94 per litre, while the price of diesel has reached 106.35 per litre in Bhopal

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Green investment, sustainability a priority in public policy: MoS Environment Ashwini Kumar Choubey

"Government schemes and policies such as Swachh Bharat mission, Pradhan Mantri Awas Yojana, Smart Cities, Pradhan Mantri Jan Dhan Yojana, Deen Dayal Upadhyay Gram Jyoti Yojana and Pradhan Mantri UjjwalaYojana, among others, are all contributing towards achieving Sustainable Development Goals.

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AIPEF seeks CAG audit of independent power producers

AIPEF has demanded an audit of independent power producers by the CAG after thermal power stations were allowed blending of imported coal during the ongoing dry fuel shortage. AIPEF Chairman Shailendra Dubey has expressed concern on hike of electricity cost due to blending of imported coal.

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Norway explores ties with Goa on sustainable solutions

Norway, which has made tremendous strides in green energy, ship building and urban waste management, is keen to increase its strategic partnership with Goa

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Innovative financing to aid India's renewable energy goal: IEEFA study

Innovative financing can help India achieve its renewable energy goals, according to a study by Institute for Energy Economics and Financial Analysis (IEEFA).

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Apple adds suppliers to clean-energy pledge, including more chip firms

The new round of suppliers - which is an increase from the 70 suppliers and nearly 8 gigawatts of power the company reported last year - are part of the company's efforts to make its sprawling global supply chain carbon-neutral by 2030.

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Green investment, sustainability a priority in public policy: MoS Environment Ashwini Kumar Choubey

"Government schemes and policies such as Swachh Bharat mission, Pradhan Mantri Awas Yojana, Smart Cities, Pradhan Mantri Jan Dhan Yojana, Deen Dayal Upadhyay Gram Jyoti Yojana and Pradhan Mantri UjjwalaYojana, among others, are all contributing towards achieving Sustainable Development Goals.

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Wednesday, October 27, 2021

India vows to take up 'climate justice' combat at COP26 Summit

India will be a fighter for climate justice at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country's environment minister said Wednesday.

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Apple adds suppliers to clean-energy pledge, including more chip firms

The new round of suppliers - which is an increase from the 70 suppliers and nearly 8 gigawatts of power the company reported last year - are part of the company's efforts to make its sprawling global supply chain carbon-neutral by 2030.

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India vows to take up 'climate justice' combat at COP26 Summit

India will be a fighter for climate justice at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country's environment minister said Wednesday.

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Projects to create green grid, CCS hubs across ASEAN, Australia

National authorities and companies across Southeast Asia and Australia are seeking ways to pool renewable energy resources and form a green power grid in the region.

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Investors on board as U.S. oil majors dismiss wind and solar power projects

Among a dozen U.S. fund managers contacted by Reuters from companies overseeing about $7 trillion in assets, most said they prefer oil firms to generate returns from businesses they know best and give shareholders cash to make their own renewable bets.

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India to invest $316 billion for de-carbonisation by 2030: Bofa Securities

India will spend USD 316 billion in the decade to 2030 towards de-carbonisation, with a high proportion of the investment to be allocated to renewable sources of energy, a foreign brokerage said on Wednesday.

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Petrol and diesel continue to pinch. Here's what it will cost you today

The petroleum ministry is believed to be speaking to key oil-exporting countries to increase the supply of crude and lower the official selling price for Asia.

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OPINION: Pledges and more pledges but climate action?

The moral authority of well-developed countries to push India – already facing enormous development challenges - to adopt more ambitious climate goals is considerably compromised.

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Reliance Group firm offers Rs 375/share to acquire 4.91 cr shares of Sterling and Wilson Solar

Reliance Group firm Reliance New Energy Solar has offered Rs 375 per share to acquire 4.91 crore shares of Sterling and Wilson Solar for over Rs 1,840 crore.

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Gujarat gets 14,963 MW power from non-conventional sources

The government said the state accounts for 15% of the country’s installed capacity for power generation from non-conventional energy sources.

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Govt gets Rs 6,665 cr dividend from BPCL for FY21

The government bagged a final dividend of Rs 6,665 cr from BPCL for FY21. The government is selling its entire 52.98 per cent stake in BPCL.

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Reliance Group firm offers Rs 375/share to acquire 4.91 cr shares of Sterling and Wilson Solar

Reliance Group firm Reliance New Energy Solar has offered Rs 375 per share to acquire 4.91 crore shares of Sterling and Wilson Solar for over Rs 1,840 crore.

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LPG price may be hiked next week; petrol, diesel rates up again

If allowed, this will be the fifth increase in cooking gas rates across all categories - households using subsidised gas for cooking and heating purposes, non-subsidised fuel and industrial-sized gas. LPG rates were last hiked by Rs 15 per cylinder on October 6, taking the total increase in rates since July to Rs 90 per 14.2-kg cylinder.

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Digital transformation at BPCL in collaboration with Deloitte India to enhance customer experience

Initiated amid the COVID-19 pandemic, the digital transformation is aimed at delivering a unified and coherent customer experience, bringing trust, convenience, and personalization in the delivery of products and services across business units to customers.

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Petrol crosses Rs 120 per litre in MP's border district; diesel nears Rs 110

The price of petrol in Balaghat, which shares borders with Chhattisgarh and Maharashtra, has also reached Rs 119.23 per litre.

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

Solar tariff to go up by 20 to 25 paise/unit in forthcoming bids: Icra

Solar energy tariff is likely to go up by 20-25 paise per unit in upcoming bids for projects as compared with rates seen over the past six months, according to an ICRA report on renewable energy.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Em0d8o

Southeast Asian nations tout green power links ahead of COP26

Southeast Asian nations are speeding up their plans to transmit renewable energy through a proposed regional power grid, with first trials set for 2022, as the area strives to meet climate change targets.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nuY03D

FACTBOX-Projects to create green grid, CCS hubs across ASEAN, Australia

National authorities and companies across Southeast Asia and Australia are seeking ways to pool renewable energy resources and form a green power grid in the region.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Cfo9cO

Focus on renewable energy, rationalise power tariff: HUL chief’s advice to Pb

As the coal scarcity forced the Punjab government to shut down some of its thermal power plants earlier this month and the Punjab State Power Corporation Limited (PSPCL) had to purchase electricity from outside the state at a very high cost, chairman and managing director (CMD) of Hindustan Unilever Limited (HUL) Sanjiv Mehta has advised the state government to focus more on renewable energy.

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Gujarat: ‘State gets 14,963MW from non-conventional sources’

The government said the state accounts for 15% of the country’s installed capacity for power generation from non-conventional energy sources.

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

U.S. can have Chinese solar supplies and stand up for human rights - White House

President Joe Biden's administration has issued warnings about the risks of supply chains in China's Xinjiang region - which supplies much of the world's solar industry - based on accusations of mass detention camps there for Muslim ethnic groups.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pH01wc

Solar tariff to go up by 20 to 25 paise/unit in forthcoming bids: Icra

Solar energy tariff is likely to go up by 20-25 paise per unit in upcoming bids for projects as compared with rates seen over the past six months, according to an ICRA report on renewable energy.

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

Tuesday, October 26, 2021

Multilateral banks should intensify pvt capital mobilisation for inclusive, green growth: FM Sitharaman

Sitharaman said the social protection and economic stimulus packages brought out by the Indian government along with timely structural reforms in various sectors have been pivotal in India's economic recovery process.

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Golden Temple gets 525 KW solar power plant

Expressing gratitude to the United Sikh Mission, Shiromani Gurdwara Parbandhak Committee President Bibi Jagir Kaur said that a 78 KW solar power plant would be installed soon in Gurdwara Baba Deep Singh and 700 KW in Gurdwara Bir Baba Budha Sahib.

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

Adani group exploring investment in Sri Lanka's renewable energy sector: Official

The comments came a day after Adani Group chairman Gautam Adani called on Sri Lankan President Gotabaya Rajapaksa here, weeks after his company inked a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal (WCT).

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UAE's Adnoc says power grid to be supplied by nuclear, solar energy

The supply deal, released by the state media office, follows the oil producing United Arab Emirates announcing this month plans to achieve net zero emissions by 2050

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

India adds over 10 GW of solar, wind capacity in the first nine months of 2021

About 280 per cent and 101 per cent, respectively, higher compared to the same period previous year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Biygw4

Gas crisis helps to land BP $500 million windfall

Natural gas and power prices soared to an all-time high in Europe and parts of Asia in August as the global economy recovered from the pandemic and energy consumption increased faster than supplies.

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

After two-day pause, petrol and diesel prices are up again. Check the pinch

Crude price has been on a surge rising over a three-year high level of over $86 a barrel as global demand remains firm while OPEC+ continues to move slowly on increasing production.

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

India receives first direct shipment of Russian LNG under long term contract

The shipment was supplied by Russian gas company Gazprom under its long-term (20 year) LNG contract with GAIL (India) Ltd, it was been learnt. The shipment travelled through the Northern Sea Route, Pacific Ocean and Indian Ocean to GAIL's Dabhol terminal.

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Pralhad Joshi reviews coal output; stresses on continuing momentum to dispatch maximum fuel to power plants

New Delhi, Coal Minister Pralhad Joshi on Tuesday reviewed coal production and stressed on continuing the momentum to dispatch maximum dry-fuel to thermal power plants.

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

India-Sweden cooperation will help achieve fossil fuel free economy goal: Jitendra Singh

Delivering the inaugural address at the 8th India-Sweden Innovation Day meet on the theme 'Accelerating India Sweden Green Transition', he also said a new joint call on circular economy, including health science and waste to wealth, was made by the Department of Science and Technology (DST), the Department of Biotechnology (DBT) and the Swedish Vinnova during 2021-2022.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3bcB8Ak

AIIB projects $50-billion investment for climate finance by 2030

The Bank will also align its operations with the goals of the Paris Agreement by July 1, 2023

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

PGCIL transmission links connecting western-southern regions under commercial operation

"This is to inform that the following assets under "HVDC Bipole link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu) - North Trichur, (Kerala)" have been put under Commercial Operation with effect from 00:00 hours of 25th October, 2021," the filing stated.

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India adds over 10 GW of solar, wind capacity in the first nine months of 2021

About 280 per cent and 101 per cent, respectively, higher compared to the same period previous year

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

AIIB projects $50-billion investment for climate finance by 2030

The Bank will also align its operations with the goals of the Paris Agreement by July 1, 2023

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3mb5PMl

Portugal's EDP in talks to buy majority stake in Sunseap - sources

EDP Renovaveis (EDPR), 75% owned by EDP, Portugal's biggest utility, is in late-stage talks to buy the stake held in Sunseap by Thai energy firm Banpu PCL, Singapore state investor Temasek Holdings, a Temasek-backed fund and other investors, the sources said.

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

Singapore to launch standards for renewable energy certificates

The certificates, called RECs, are market-based instruments substantiating that electricity has been generated from renewable energy sources. One certificate represents that one megawatt-hour (MWh) of electricity was generated from a renewable energy source and delivered to the grid.

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

Hiring activity in energy sector saw 6% month-on-month rise in August this year

Hiring mainly saw a downturn in the sector till June 2021, but seems to be reviving since then

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nrJb1P

Fuel prices hike: Talking to Gulf countries, Russia, says Petroleum Minister Hardeep Puri



from Energy-Industry-Economic Times https://ift.tt/2Zuks4U

IOC Haldia refinery to go for planned shutdown in December

The shutdown is for maintenance purpose. It was decided in order to avoid the maintenance shutdown in November due to the festival season.

from Energy-Industry-Economic Times https://ift.tt/3Cghe3f

Reliance BP Mobility Limited launches first mobility station in Navi Mumbai

Jio-bp Mobility Stations across the country will offer additivised fuel, which forms a protective layer on critical engine parts to help keep the engines clean, at no extra cost, the statement said.

from Energy-Industry-Economic Times https://ift.tt/30SPQu8

Tata Power crosses 1,000 EV charging stations mark in India

This network of 1,000 public charging stations provides innovative and seamless EV charging experiences for Tata Power's customers across offices, malls, hotels, retail outlets, and places of public access, enabling clean mobility and freedom from range-anxiety.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2XJ1bM6

Adani group exploring investment in Sri Lanka's renewable energy sector: Official

The comments came a day after Adani Group chairman Gautam Adani called on Sri Lankan President Gotabaya Rajapaksa here, weeks after his company inked a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal (WCT).

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

Inox Wind arm inks pact to divest stake in six firms to subsidiary

The six arms are Marut-Shakti Energy India, Sarayu Wind Power (Kondapuram) Pvt Ltd, Sarayu Wind Power (Tallimadugula) Pvt Ltd, Vinirrmaa Energy Generation, Satviki Energy Pvt Ltd and AABPWNE RBRK Investments Ltd.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3vIGj4p

Monday, October 25, 2021

Gadkari bats for green hydrogen; says India needs to reduce oil imports

Batting for green hydrogen as a transport fuel, Union Minister Nitin Gadkari on Monday said there is a need to make India a country that will not be dependent on imports of petrol and diesel.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2XJ7y1Z

Inox Wind arm inks pact to divest stake in six firms to subsidiary

The six arms are Marut-Shakti Energy India, Sarayu Wind Power (Kondapuram) Pvt Ltd, Sarayu Wind Power (Tallimadugula) Pvt Ltd, Vinirrmaa Energy Generation, Satviki Energy Pvt Ltd and AABPWNE RBRK Investments Ltd.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pD5cgL

Climate holdout Australia sets 2050 net zero emissions target

Coal-rich Australia unveiled a much-delayed 2050 net zero emissions target Tuesday, but shied away from setting more ambitious goals ahead of a landmark UN climate summit.

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

India will find win-win policies at UN climate summit: Erik Solheim

In an exclusive interview here, Solheim said, "We hope India finds all the win-win policies that are good for economic development and jobs while also protecting Mother Earth."

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3pAac5R

Jharkhand govt focuses on solar power-based irrigation projects

Initially, the government is installing this facility in those parts of the state where water is not available throughout the year for irrigation due to inhospitable terrain, the statement said.

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

Petrol and diesel prices unchanged for second day after 5 consecutive hikes

The pump price of petrol in Delhi is at Rs 107.59 a litre, while diesel price also stood at Monday's level of Rs 96.32 a litre.

from Energy-Industry-Economic Times https://ift.tt/2Zj8pa8

Power units need 10 MT imported coal this fiscal

As per CEA's assessment, the 10 million tonnes are required to make up for the generation loss due to non-operalisation of 17 GW that are dependent completely on imported coal, priced at $160 per tonne currently. Industry experts expect international coal prices to remain high for a few more months.

from Energy-Industry-Economic Times https://ift.tt/3mf06oE

Jindal India, Shirdi Sai, RIL arm & Adani lowest bidders for solar PLI scheme

In total, 18 companies with a cumulative capacity of 54.8 Gw had applied for the 10 Gw scheme.

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

Jindal India, Shirdi Sai, RIL arm & Adani lowest bidders for solar PLI scheme

In total, 18 companies with a cumulative capacity of 54.8 Gw had applied for the 10 Gw scheme.

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

India to kick start GDAM, Escerts trade from Tuesday

The launch of the green day-ahead market will deepen the green market and will provide competitive price signals, besides offering an opportunity to the market participants to trade in green energy, in the most transparent, flexible, competitive, and efficient manner, power and renewable energy minister R K Singh said on Monday.

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

PXIL to launch ESCerts trading from Tuesday

'ESCerts' are the Energy Savings Certificates issued by the Central Government in the Ministry of Power to the Designated Consumer under sub-section (1) of section 14 (A) of Energy Conservation Act, 2001.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3GjKY1C

Solar power’s growth stumbles just when it is needed the most

These setbacks may only be temporary, with delays in installations expected to be largely resolved by the end of 2022 when new solar factories help ease supply chain issues.

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

No shortage of power in country: Union Power Minister R K Singh

The minister informed that power plants in the country have more than 8 million tonnes of coal at present.

from Energy-Industry-Economic Times https://ift.tt/3nkdB60

Duty, taxes to lift solar tariffs to Rs 2.6 per unit next fiscal year: CRISIL

Pressure on developer returns high as project cost balloons

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

BPCL disinvestment: Top India asset sale delayed as suitors strive for partners

The three suitors -- the Vedanta group, Apollo Global Management and I Squared Capital -- are talking to global energy giants and sovereign and pension funds, but haven’t been able to finalize partners, the people said, asking not to be identified as the deliberations are private.

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

EXPLAINER-Climate change: what are the economic stakes?

The stakes for the planet are huge - among them the impact on economic livelihoods the world over and the future stability of the global financial system.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3vJPv8I

INNOVATION: IIT Guwahati researchers developing solar-powered hydrogen generators

Pursuant of worldwide efforts in developing clean and renewable energy, the IIT-G researchers are developing novel materials that can use sunlight to split water into hydrogen and oxygen, said a release from the Institute on Monday.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Zl78zb

Duty, taxes to lift solar tariffs to Rs 2.6 per unit next fiscal year: CRISIL

Pressure on developer returns high as project cost balloons

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

PXIL to launch ESCerts trading from Tuesday

'ESCerts' are the Energy Savings Certificates issued by the Central Government in the Ministry of Power to the Designated Consumer under sub-section (1) of section 14 (A) of Energy Conservation Act, 2001.

from Energy-Industry-Economic Times https://ift.tt/3m9njsl

Prioritisation of domestic coal to power sector hits Hindustan Zinc to 'some extent': CEO

Coal India, which accounts for more than 80 per cent of domestic coal output, has been prioritising fuel supply temporarily to the power sector in view of the low stock position at thermal power plants.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3GmX1v8

Solar’s growth stumbles just as the world needs it most

These setbacks may only be temporary, with delays in installations expected to be largely resolved by the end of 2022 when new solar factories help ease supply chain issues.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3b8nNsE

Sunday, October 24, 2021

Deep Dive: What are green hydrogen electrolysers?

This small component drives the production costs to a large extent

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ZlrGZ4

Deep Dive: What are green hydrogen electrolysers?

This small component drives the production costs to a large extent

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

Israel declares climate change 'national security' issue; Pledges green energy investments

Israel's Prime Minister Naftali Bennett on Sunday declared the fight against climate change a "national security" priority and pledged to "facilitate" investments in green energy.

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

Saudi Arabia wants to be top supplier of hydrogen - energy minister

The world's biggest oil exporter intends to produce and export something within the neighborhood of about 4 million tons of hydrogen by 2030, the minister added.

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

Minda Industries to hike stake in Strongsun Renewables to 28.10%

The committee approved the acquisition of 3,07,850 equity shares of the face value of Rs 10 each at a premium of Rs 70 i.e. Rs 80 per share of Strongsun Renewables Private Ltd, aggregating to Rs 2,46,28,000, according to a BSE filing.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3b58kJV

Kerala CM to inaugurate CIAL's hydro power project at Kozhikode

Kerala Chief Minister Pinarayi Vijayan will inaugurate the plant which estimates an annual power generation of 14 million unit, on November 6, CIAL authorities said on Sunday.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ZsK1mN

Reliance's green energy business taking shape, may contribute 10% of EBITDA in 5 yrs

The oil-to-retail conglomerate announced a wave of partnerships with REC, NexWafe, Sterling and Wilson, Stiesal and Ambri for total costs of USD 1.2 billion.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ZjPM6u

Sembcorp Industries arm Green Infra Wind Energy bags 180-MW wind energy project

"Sembcorp Industries' wholly-owned subsidiary in India has been formally awarded a 180-megawatt (MW) wind power project in the 11th nationwide wind power auction held recently," the company said in a statement.

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

Fuel prices hiked for 5th straight day; diesel crosses Rs 100-mark at many places across India



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India to bargain for undelivered cargoes for renewing LNG import contract with Qatar

Petronet LNG Ltd's 7.5 million tonnes a year liquefied natural gas (LNG) import deal with Qatargas is ending in 2028. Renewal, if any, has to be confirmed 5 years ahead of that.

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

Saturday, October 23, 2021

Petrol, diesel prices hiked again today, fifth hike in a row; Check fuel rates on Oct 24



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

Minda Industries to hike stake in Strongsun Renewables to 28.10%

The committee approved the acquisition of 3,07,850 equity shares of the face value of Rs 10 each at a premium of Rs 70 i.e. Rs 80 per share of Strongsun Renewables Private Ltd, aggregating to Rs 2,46,28,000, according to a BSE filing.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30PVsW1

India won’t commit to ‘net zero’ goal at COP26

India will not commit to the 2050 ‘net zero’ goal and the country will, along with China — despite intense friction over border issues — and other developing countries, tell the affluent nations to go for carbon neutrality much before mid-century keeping in view their own cumulative historical emissions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3b7g0vg

Petrol, diesel prices hiked again today, fifth hike in a row

The latest increase that follows the unrelenting hike in international oil prices has pushed pump rates across the country to their highest-ever levels. While petrol is above Rs 100-a-litre-mark in all major cities, diesel has crossed that level in more than a dozen states.

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Diesel price hits century in West Bengal

In Purulia and Alipurduar districts, official diesel prices per litre are Rs 99.99 and Rs 99.78 respectively while in Kolkata, the fuel costs Rs 99.08 a litre during the day, according to a price list provided by state-owned fuel retailers.

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

Petrol, diesel prices shoot up in border districts of MP

Prices of petrol and diesel were hiked by 35 paise per litre on Saturday. This is the fourth consecutive day of hikes in fuel prices.

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

German solar car firm Sono Motors files for U.S. IPO

Sono is exploring a U.S. stock market listing that may value the company at more than $1 billion, citing people close to the matter.

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Prices up again; petrol crosses 119 in border districts of MP, diesel touches 108

Petrol is now above Rs 100-a-litre-mark in all major cities, while diesel has crossed the century mark in more than a dozen states.

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Indian oil refiners willing to join forces for cheaper oil imports

India is forming a group bringing together state and private refiners to seek better crude import deals, Reuters reported on Monday.

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RIL's second quarter net profit jumps 46% to Rs 15,479 crore

In a regulatory filing, the company reported that its consolidated gross revenue for the quarter rose to Rs 191,532 crore, higher by 49.2 per cent.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3E9t6Vi

Power ministry comes out with rules to ensure sustainability of sector

The rules include Electricity (Timely recovery of costs due to Change in Law) Rules, 2021. The other rule is Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021.

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ISA to give up to $50,000 aid to 11 members for demonstrative solar projects

The International Solar Alliance (ISA) on Friday said it would provide aid of up to $50,000 to 11 member nations for demonstrative solar energy projects.

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

India won’t commit to ‘net zero’ goal at COP26

India will not commit to the 2050 ‘net zero’ goal and the country will, along with China — despite intense friction over border issues — and other developing countries, tell the affluent nations to go for carbon neutrality much before mid-century keeping in view their own cumulative historical emissions.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3jO2n95

Why India's solar power sector needs an innovation-driven transformation

There is a huge potential in the country for solar power due to the geographical location and terrain of the country.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3b13EED

Friday, October 22, 2021

Japan aims for 36-38% of energy to come from renewables by 2030

Under the plan, put forward in July and approved by Japan's cabinet on Friday, renewables should account for 36-38% of power supplies in 2030, double 2019's level and well above its previous 2030 target for 22-24%.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3b3OazU

Sembcorp Industries arm Green Infra Wind Energy bags 180-MW wind energy project

"Sembcorp Industries' wholly-owned subsidiary in India has been formally awarded a 180-megawatt (MW) wind power project in the 11th nationwide wind power auction held recently," the company said in a statement.

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

Petrol, Diesel prices today hiked for 4th day in a row; hits new high



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AGEL arm bags 450 MW wind energy project

Adani Green Energy subsidiary Adani Renewable Energy Holding Fifteen has received a letter of award (LOA) for setting up a 450 MW wind energy project.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Zm2wt9

Petrol and diesel up for fourth straight day. Here's what it will cost you today

Petrol and diesel in Delhi is now priced at Rs 107.24 per litre and Rs 95.97 per litre respectively today. In Mumbai, petrol and diesel will cost you Rs 113.12 and Rs 104.00.

from Energy-Industry-Economic Times https://ift.tt/3GgUaU8

Bringing together refiners for better oil import deals, says Oil Minister Puri

The government had organized a meeting of the representatives of refineries recently and they seemed interested in the idea of jointly working on oil import, Puri said, adding that even private refiners have been enthusiastic about it.

from Energy-Industry-Economic Times https://ift.tt/2XFIl8M