IREDA signs pact with BVFCL renewable energy projects

IREDA will undertake techno-financial due diligence of renewable energy, green hydrogen, green ammonia, energy efficiency and conservation projects for BVFCL

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Power consumption rises 3.6% to 100.42 BU in November

Experts said the recovery in power demand as well as consumption would increase further with government's efforts to scale up coal supplies at plants and improvement in economic activities following the lifting of lockdown restrictions by states.

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West Bengal secures $135 million World Bank loan to upgrade rural power distribution network

Kolkata, International Bank for Reconstruction and Development (IBRD) has approved a USD 135 million loan to West Bengal to improve the operational efficiency and reliability of electricity supply in select pockets in the state.

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Commercial LPG cylinders hiked by Rs 100; will cost Rs 2,101 in Delhi

The price of LPG cylinders in Mumbai is Rs 2,051 per cylinder, while in Kolkata Rs 2,174.50 and in Chennai Rs 2,234.50. ​​Meanwhile, there was no increase in the price of other domestic cylinders weighing 14.2 kg, 5 kg, 10 kg composite or 5 kg composite cylinders.

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Green hydrogen could be the cheapest method for steel production by 2050: BNEF

The industry is set to pivot to hydrogen in a $278 billion green push, said BNEF

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IREDA signs pact with BVFCL renewable energy projects

IREDA will undertake techno-financial due diligence of renewable energy, green hydrogen, green ammonia, energy efficiency and conservation projects for BVFCL

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Solar projects of 107 GW either installed or under implementation, says minister

Solar energy generation projects totalling 107.46 GW are either installed or under various stages of implementation or tendering, Parliament was informed on Tuesday. India had set a target of having 100 GW of solar energy by 2022.

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Shakti Pumps makes foray into manufacturing of motors, chargers for electric vehicles

The company's board recently approved the incorporation of a wholly-owned subsidiary to make a foray into the EV segment with the manufacturing of motors, chargers, controllers and multi-application component variable frequency drives.

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Overdrawal by 5 states revives spectre of 2012 grid failure

National grid operator POSOCO has raised a red flag regarding overdrawing of electricity by five northern states, a practice that had precipitated the world's largest blackout in history by affecting half of India's population for almost 48 hours in 2012.

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Google signs deal to buy power from Orsted's German offshore wind farm

The US tech giant will take 50 MW of output from Orsted's planned 900 MW wind farm

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Sinopec starts construction of green hydrogen plant in Xinjiang

Green hydrogen is produced by splitting water molecules with renewable electricity, and touted as a clean replacement for fossil fuels in industries that are otherwise hard to decarbonise

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Centre's fiscal deficit at Rs 5.47 lakh cr at end-Oct, 36% of FY22 estimate

The deficit figures in the current fiscal appear better than the previous financial year when the gap between expenditure and revenue had soared to 119.7 per cent of the last year's Budget Estimates

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Shell eyes return to Libya with oil, gas, solar power investments

The plan, details of which were seen by Reuters, marks a rare new oil and gas foray by the energy major as it seeks to cut fossil fuel investment and slash greenhouse gas emissions.

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Solar projects of 107 GW either installed or under implementation, says minister

Solar energy generation projects totalling 107.46 GW are either installed or under various stages of implementation or tendering, Parliament was informed on Tuesday. India had set a target of having 100 GW of solar energy by 2022.

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NTPC Nabinagar plant's unit-4 to begin commercial operations from Wednesday midnight

"Unit-4 of 250 MW capacity of Nabinagar Thermal Power Project (4X250 MW) of Bhartiya Rail Bijlee Company Limited (a subsidiary company of NTPC Ltd) is declared on commercial operation w.e.f. 00:00 hrs of December 1, 2021," according to a BSE filing.

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Coal India to infuse Rs 19,650 cr to strengthen rail infra

State-owned Coal India Ltd on Tuesday said it will invest an estimated Rs 19,650 crore to strengthen its rail infrastructure.

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Govt's excise mop-up from petrol, diesel doubles to Rs 3.7 lakh crore in FY21; states get Rs 20,000 crore

The central government's mop-up from excise duty levied on petrol and diesel more than doubled to Rs 3.72 lakh crore in the pandemic year 2020-21, out of which states were given less than Rs 20,000 crore, according to a reply by the government in the Rajya Sabha on Tuesday.

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UT adviser seeks year-wise action plan for solar plant installation

During a review meeting on Monday, it was observed that many residential houses, industrial buildings, commercial buildings and institutional buildings etc had not complied with the order of mandatory installation of solar power plant in Chandigarh.

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Petrol, diesel prices remain unchanged across major Indian cities

Accordingly, in the capital, diesel and petrol prices remained static at Rs 86.67 per litre and Rs 103.97 per litre, respectively on Tuesday. While in Mumbai, diesel was priced at Rs 94.14, while petrol at Rs 109.98.

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Will issue order to make it mandatory for carmakers to introduce flex-fuel engines: Gadkari

Addressing an event, Gadkari said, India imports petroleum products worth 8 lakh crore every year, and if the country continues to depend on fossil fuels, then its import bill will rise to Rs 25 lakh in the next five years.

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Govt sells Central Electronics to Nandal Finance and Leasing for Rs 210 cr; sale to be completed by March 2022

CEL, under the Ministry of Science and Technology, is a pioneer in the field of solar photovoltaic

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Ethanol blending in petrol helped India save Rs 9,580 crore last one year

Under the EBP programme, Oil Marketing Companies (OMCs) sell 10 per cent ethanol-blended petrol or E10.

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Govt working on plan to securitise revenue of central power plants

While the buyers get assured income for a long term, the power companies get to invest the amount left after debt servicing and operation and maintenance costs in new projects, the official said.

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BP plans large-scale green hydrogen production project in UK

The project, dubbed HyGreen Teesside, aims to produce 60 MWe (megawatt electrical input) of so-called "green" hydrogen, which is derived from renewable sources, by 2025, BP said.

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Snam eyes investments of 23 billion Euros to 2030 to speed green drive

The company said in its business plan on Monday the investments would help it drive its earnings from next year to the end of the decade by 6-8% per year as it looks to become net carbon neutral for its own products by 2040.

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Omicron threatens oil demand recovery, already hit by Europe's rising COVID cases

Asian oil refiners' margins have slumped to the lowest in nearly five months amid worries that the Omicron coronavirus variant could deal another blow to oil demand recovery, already hit by rising COVID-19 cases in Europe.

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Adani Group clarifies MSCI action on climate change indices

AdGroup has expressed disappointment by MSCI's decision to drop Adani Ports and Special Economic Zone (APSEZ) from some of its climate change indices.

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15 lakh power sector workers to protest against tabling of Electricity Amendment Bill: AIPEF

All India Power Engineers Federation (AIPEF) on Monday said that 15 lakh power sector engineers and employees will resort to day-long nationwide protest when Electricity (Amendment) Bill 2021 will be placed in Parliament during the ongoing session.

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Adani Group clarifies MSCI action on climate change indices

AdGroup has expressed disappointment by MSCI's decision to drop Adani Ports and Special Economic Zone (APSEZ) from some of its climate change indices.

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How traditional power behemoths are transitioning to renewable energy

The renewable energy space is buzzing with excitement. The sector is being incentivised by policies that can alter the power mix of the country — and make it greener and cleaner. Money is chasing RE assets which is helping green power producers add fresh capacities every year.

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Oil recoups losses from Friday, focusing on Omicron spread, Iran talks

U.S. West Texas Intermediate (WTI) crude was up $3.27, or 4.8%, at $71.42 a barrel, having tumbled $10.24 in the previous session.

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Help oil firms with funds to curb inflation, don't pressure public: Gehlot to Centre

The Rajashan CM also accused the Centre of weakening the states financially, saying it reduced on fuel the basic excise duty, from which they get their share.

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South Korea to supply 27.9 million tons of clean hydrogen by 2050

The hydrogen economy implement plan is the first legal plan related to hydrogen industry. Under the plan, the government will promote 15 tasks based on four major implementation strategies: leading domestic and global clean hydrogen production, establishing optimized infrastructure, utilizing hydrogen in daily lives, and strengthening the hydrogen ecosystem.

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Renewable Energy, Hydrogen in focus at Vibrant Gujarat Summit this time: Chief Secretary

Around 70 per cent of the memorandum of understandings (MoUs) signed with companies at the Summit get fructified over a period of time, Kumar said, describing it as a good success rate.

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Renewable Energy, Hydrogen in focus at Vibrant Gujarat Summit this time: Chief Secretary

Around 70 per cent of the memorandum of understandings (MoUs) signed with companies at the Summit get fructified over a period of time, Kumar said, describing it as a good success rate.

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Petrol, diesel price to fall only on sustained drop in international oil prices: Sources

The daily price revision in India is based on the average benchmark international fuel rate in the previous fortnight. So, the price on Sunday is decided by the average in the previous 15-days.

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Within two years, 5% of Hydrogen used in refining, fertiliser sectors to be green: SSV Ramakumar, Indian Oil

He was speaking about the green hydrogen consumption obligations (GHCO) being talked about in the NITI Aayog, MNRE, and industry circles these days.

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Vedanta Ltd promoters pledge shares to raise Rs 6,000 crore

Promoter group firms pledged 242.26 crore or 65.18 per cent shareholding in Vedanta Ltd in three facility agreements to raise the money, a Vedanta Ltd's filing showed.

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Snam buys stake in Algerian gas pipelines to pave way for hydrogen highway

Europe's biggest gas infrastructure group said on Saturday it would pay energy company Eni 385 million euros ($436 million) for a 49.9% stake in the pipelines to jointly control the assets with its fellow Italian company.

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Mahanadi Coalfields to set up 50 MW solar power plant in Odisha

MCL has placed a turnkey order to set-up a 50 MW solar power plant with a Chennai-based firm M/s Hild Energy Ltd, which will establish this green energy project within a timeline of 10 months, the MCL said in a statement on Saturday.

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How traditional power behemoths are transitioning to renewable energy

The renewable energy (RE) space is buzzing with excitement. The sector is being incentivised by policies that can alter the power mix of the country — and make it greener and cleaner. Money is chasing RE assets which is helping green power producers add fresh capacities every year.

from Energy-Industry-Economic Times https://ift.tt/3nY54r2

IOC's Mathura oil refinery gets green nod for expansion project

The refinery has been accorded environmental clearance for residue upgradation and distillate yield improvement project with 11 MMTPA crude processing, Mathura Refinery head and executive director Asis Kumar Maiti told PTI.

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Bihar CM to launch NTPC's power units at Barauni, Barh on Saturday

Barh has a total installed capacity of 3,300 MW, out of which 1,320 MW is already under commercial operation since March 2016.

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MP to get Rs 13,000 cr for modernisation, infrastructure development in energy sector

Singh made the announcement in a joint meeting with Chief Minister Shivraj Singh Chouhan and top officials of the energy department on Thursday evening, the official from the public relations department said.

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NTPC Renewable Energy signs PPA for 325 MW solar projects

The pact was signed in the presence of Madhya Pradesh Chief Minister Shivraj Singh Chauhan and Union Power and New & Renewable Energy Minister R K Singh on 25th November 2021, it said.

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NTPC Renewable Energy signs PPA for 325 MW solar projects

The pact was signed in the presence of Madhya Pradesh Chief Minister Shivraj Singh Chauhan and Union Power and New & Renewable Energy Minister R K Singh on 25th November 2021, it said.

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Hardeep Singh Puri says high oil prices to hurt global economic recovery

Earlier this week, India agreed to release 5 million barrels of crude oil from its strategic reserves as part of coordinated international efforts to cool oil prices. The US announced the release of 50 million barrels.

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Green Electricity can become cheapest energy by 2050, says study

Today, 80 per cent of all energy demands for industry, mobility or heating buildings is met by burning - mostly fossil - fuels directly, and only 20 per cent by electricity. Our research finds that relation can be pretty much reversed by 2050, making the easy-to-decarbonise electricity the mainstay of global energy supply.

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Vedanta's Sesa Goa iron ore biz pledges to become carbon neutral by 2050

Vedanta on Friday said its Sesa Goa iron ore business is looking to achieve carbon net neutrality by 2050. In line with the country's larger vision of net zero carbon economy, the company has devised a comprehensive plan to achieve this goal, the company said in a statement.

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Madhya Pradesh to get Rs 13,000 crore for modernisation, infra development in energy sector

Madhya Pradesh chief minister said a roadmap has been prepared to make Madhya Pradesh a leading state in solar power generation.

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Contributing to the realization of carbon neutrality

TMEIC has reached a major turning point heading towards 2030–2050 [Brand Content Inititaive]

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Gujarat will become renewable energy capital of the country by 2025: CM Bhupendra Patel

Gujarat Chief Minister Bhupendra Patel said that by 2025, the state will consolidate its position as the renewable energy capital of the country.

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Gujarat will become renewable energy capital of the country by 2025: CM Bhupendra Patel

Gujarat Chief Minister Bhupendra Patel said that by 2025, the state will consolidate its position as the renewable energy capital of the country.

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Indian, UK science ministers discuss green energy collaboration

The India-UK Science & Technology (S&T) collaboration has been growing at a rapid pace and the joint research programme has gone from an almost zero base to close to 300-400 million pounds now.

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Indian, UK science ministers discuss green energy collaboration

The India-UK Science & Technology (S&T) collaboration has been growing at a rapid pace and the joint research programme has gone from an almost zero base to close to 300-400 million pounds now.

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Electricity provided in every village, home in India: Power minister R K Singh

Singh along with Chief Minister Shivraj Singh Chouhan performed the 'bhoomi pujan' (ground breaking ceremony) for setting up three solar energy parks.

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MG Motor India becomes first company to adopt wind-solar hybrid energy

Under the collaboration, Clean Max Enviro Energy Solutions (CleanMax) will supply 4.85 MW of wind-solar hybrid power to MG Motor's manufacturing facility in Halol.

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CleanMax to provide wind-solar hybrid energy to MG Motor India

The manufacturing facility of MG in Halol will receive 50 per cent of electricity from CleanMax’s wind solar hybrid park

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TRENDS: Hydrogen rush could shift world energy order

The energy transition's current darling, hydrogen, has moved from the world of engineering to politics. Governments around the world have already committed more than USD 70 billion to stimulate the hydrogen industry.

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Oil and gas companies setting up net-zero targets

The oil ministry has been proactive in pushing these firms into drawing up plans for increased induction of renewable energy and green hydrogen to offset emissions from operations, as well as to get them ready for an energy transition that could eat into traditional fuel sales business.

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INNOVATION: IIT Varanasi researchers develop India's first device for on-site production of ultra-pure Hydrogen

Scientists at Indian Institute of Technology (IIT), BHU claim to have developed a first-of-its-kind device in India for the on-site production of ultra-pure Hydrogen.

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Govt sets up committee for stable gas price for power units: Oil Secretary

The average domestic gas supplied to gas-based power plants is just over 25 million metric standard cubic meters per day (mmscmd), which is 70 per cent short of the allocation or the requirement.

from Energy-Industry-Economic Times https://ift.tt/3cOnRi8

CleanMax to provide wind-solar hybrid energy to MG Motor India

The manufacturing facility of MG in Halol will receive 50 per cent of electricity from CleanMax’s wind solar hybrid park

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Schneider Electric launches 'Green Yodha' initiative in India

"Schneider Electric, the leader in digital transformation of energy management and automation, today launched its sustainability engagement initiative in India, Green Yodha to encourage and support businesses, industries and individuals to come together and take concrete climate action," a company statement said.

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JSW Energy’s Board approves reorganisation of green and grey businesses

This move will help the company in building and streamlining its renewable portfolio, said an official statement

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JSW Energy’s Board approves reorganisation of green and grey businesses

This move will help the company in building and streamlining its renewable portfolio, said an official statement

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Reliance, Aramco call off $15 billion deal amid valuation differences: Sources

Reliance will now focus on signing multiple deals with companies to produce specialty chemicals for higher margins, one of the sources said.

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Ministry proposal to give Mumbai High field to pvt sector "systematic weakening" of ONGC: E A S Sarma

The Oil Ministry's proposal to strip ONGC of its main oil and gas producing fields of Mumbai High and Bassein in the western offshore is a "systematic weakening" of the state-owned firm, well-regarded former bureaucrat E A S Sarma has written to the Prime Minister.

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SJVN inks pact with PTC India to develop renewable energy products

The agreement was signed by SJVN Director (Finance) Akhileshwar Singh and PTC India Director (Marketing) Rajib Kumar Mishra.

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Germany announces Euro 1.2 billion in clean energy commitments to India

German Ambassador Walter Lindner said support for the development and the fight against climate change are among key focus areas of relations between India and his country.

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Govt trying to boost domestic availability of natural gas: Petroleum Secy Tarun Kapoor

Speaking at the ETEnergyworld Annual Gas Conclave, Kapoor said the government has set a target to ensure primary energy percentage for natural gas goes up from the current level of 6.7 per cent to 15 per cent by 2030.

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Plan to give Mumbai High field to private sector weakens ONGC, says former bureaucrat EAS Sarma

In the letter to the Prime Minister, Sarma said Mumbai High, Bassein & other western offshore satellite oil fields constitute a significant proportion of ONGC's discovered hydrocarbons assets.

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Flush with cash, Saudi Prince snubs Joe Biden and sends a message

First in private and later more publicly, American envoys had spent weeks trying to convince the Saudis to pump more crude -- and quickly, according to officials on both sides

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Germany announces Euro 1.2 billion in clean energy commitments to India

German Ambassador Walter Lindner said support for the development and the fight against climate change are among key focus areas of relations between India and his country.

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Oil & Gas Secy Tarun Kapoor, Niti Aayog member V K Saraswat to open ETEnergyworld Annual Gas Conclave

The Conclave is a unique initiative launched by ETEnergywiorld for discussion on the key issues in the natural gas sector.

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Ohmium ships first ‘Made in India’ hydrogen electrolyser unit to US

The electrolyser was manufactured at its Bengaluru plant, which is India's first green hydrogen electrolyser gigafactory

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Green Hydrogen : India to soon launch scheme to boost R&D of electrolysers

An electrolyser is a system that uses electricity to break water into hydrogen and oxygen in a process called electrolysis.

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RIL to restructure, repurpose gasification assets

The company said that the carbon dioxide released during the process of producing 'Hydrogen' is highly concentrated and easy to capture, substantially reducing the cost of carbon capture.

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EU clears 2.27 billion Euro Greek state aid to boost renewable power

The measure will help Greece meet its renewable energy targets, without unduly distorting competition, the executive arm of the European Union said.

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Green Hydrogen : India to soon launch scheme to boost R&D of electrolysers

An electrolyser is a system that uses electricity to break water into hydrogen and oxygen in a process called electrolysis.

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Japan's Chubu Electric to boost overseas and renewables investment

Unveiling a new management strategy on Wednesday, the company also raised its 2030 renewable energy capacity target in Japan to 3.2 gigawatts (GW) from its previous goal of 2 GW. It now owns about 0.63 GW of renewable capacity.

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Wind power risks becoming too cheap, says top turbine maker

A boom in investments in green energy to address climate change has helped bring down the cost of wind power to a level where it can compete with fossil fuels like coal and natural gas.

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

SJVN inks pact with PTC India to develop renewable energy products

The agreement was signed by SJVN Director (Finance) Akhileshwar Singh and PTC India Director (Marketing) Rajib Kumar Mishra.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3r8sgET

India’s ambitious climate goals: Why decarbonization of hard-to-abate sectors will be critical

Actions this decade will determine whether India is on track to capture the multitudes of benefits associated with the recently announced increase in ambition on climate leadership.

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

Ohmium ships first ‘Made in India’ hydrogen electrolyser unit to US

The electrolyser was manufactured at its Bengaluru plant, which is India's first green hydrogen electrolyser gigafactory

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3xwZLC9

Hydro Energy: India to soon launch scheme to boost R&D of electrolysers

Union Minister Bhagwanth Khuba on Wednesday said a scheme for boosting research and development of electrolysers will be rolled out soon, a step in the direction of achieving India's renewable energy targets.

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Shell faces anger over takeover of Australian green energy retailer

Royal Dutch Shell is facing protests over its takeover of green energy retailer Powershop Australia, with customers threatening to switch to other renewable energy providers to avoid becoming customers of a fossil fuel company.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3COuAD5

Servotech Power Systems bags off-grid solar project from UPNEDA

Servotech will supply, erection, testing, and commission the off-grid Solar PV power plant in different government offices buildings in Uttar Pradesh.

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

Denmark signs deals to facilitate wind power links to Germany and Belgium

Danish grid operator Energinet signed deals on Tuesday with Belgium's Elia and Germany's 50Hertz that move Denmark closer to building two sea links connecting its offshore wind turbines to Germany and Belgium to boost the flow of green energy in the region.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nMBg0s

NPCI Bharat BillPay on-boards Tata Power for electricity bill payments

NPCI Bharat BillPay has on-boarded Tata Power on its platform through which customers will be able to pay their electricity bills in a hasslefree and seamless manner

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3r77g1g

BPCL green hydrogen unit to be India's largest

Climate change concerns have pushed most major economies and several companies to set a net-zero greenhouse gas emissions target for themselves.

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

US extends support to India's target of 20 pc Ethanol blending by 2025

Earlier in June 2021, PM Modi released the report on the roadmap for Ethanol Blending in India by 2025

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

Rosneft believes Indian market has long-term potential

Russian oil company Rosneft promotes a framework of integrated cooperation with Indian partners across the entire value chain, from the extraction of oil to the refining and distribution of oil products

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3l6DvK7

BPCL green hydrogen unit to be India's largest

Climate change concerns have pushed most major economies and several companies to set a net-zero greenhouse gas emissions target for themselves.

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

OPINION: Recalibrating Indian climate strategy – A shift from means to end

A domestic carbon market can be launched in India, with funding support from international climate funds, besides measures like levying a ‘Green Wealth Tax’ on entities having networth above a certain threshold.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3cL4wyh

Delhi's IGI Airport to become net zero carbon emission airport by 2030

DIAL has implemented various programmes at the airport such as use of renewable energy, development of green airport infrastructures and multiple passenger connectivity networks

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3DM9VB6

India's crude oil production falls 2.15% in October, gas output rises

India is 85 per cent 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. Crude oil is converted into fuels such as petrol and diesel in refineries.

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India to release 5 mn barrels of crude oil from its emergency stockpile in a coordinated effort to lower global energy prices

from Energy-Industry-Economic Times https://ift.tt/3l1EKuf

Reliance credit quality not impacted by Aramco decision: Moody's

​​On November 19, the conglomerate announced that it will reevaluate the transfer of its oil-to-chemical (O2C) business - comprising its refining, marketing and petrochemical operations - to a wholly-owned subsidiary.

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

Servotech Power Systems bags off-grid solar project from UPNEDA

Servotech will supply, erection, testing, and commission the off-grid Solar PV power plant in different government offices buildings in Uttar Pradesh.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3cD9zkc

Adani Solar partners with KSL Cleantech to expand market share

Plans to broaden its footprint to more than 1,000 towns in India

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3cG51cT

SJVN CMD virtually inaugurates works of Unit-II of 1,320-MW Buxar Thermal Power Plant in Bihar

He further stated that the project consists of two units and that more than 50 per cent of works related to the first unit have already been completed. The 1,320-MW Buxar Thermal Power Plant with ultra-supercritical technology is being developed by SJVN Thermal Pvt Ltd (a wholly-owned subsidiary of SJVN).

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

India to release 5 mn barrels of crude oil from strategic reserves

India plans to release about 5 million barrels of crude oil from its emergency stockpile in tandem with the US, Japan and other major economies to cool prices.

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

Power Minister RK Singh flags off reconstruction works worth Rs 22.5 cr for flood-affected Uttarakhand

Recently, Uttarakhand witnessed unusually high and unprecedented rainfall in some places on 17 and 18 October, 2021, resulting in loss of lives and severe damage to infrastructure and public utilities in many districts. The power sector CPSEs, in their bid to stand united for restoration works in the flood hit Uttarakhand, contributed a sum of Rs 22,50,00,000 to the Uttar State Disaster Management Authority (USDMA).

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

NPCI Bharat BillPay on-boards Tata Power for electricity bill payments

NPCI Bharat BillPay has on-boarded Tata Power on its platform through which customers will be able to pay their electricity bills in a hasslefree and seamless manner. This will enable over seven lakh customers of Tata Power (Mumbai) to pay their electricity bills through ClickPay payment link.

from Energy-Industry-Economic Times https://ift.tt/3r4lS1o

Barclays raises 2022 oil price view on faster inventory drawdown

Oil prices fell on Tuesday on talk that the United States, Japan and India will release crude reserves to tame prices despite the threat of faltering demand as COVID-19 cases flare up in Europe.

from Energy-Industry-Economic Times https://ift.tt/3CJ92ru

India to release 5 million barrels of crude oil from strategic reserves

India stores about 38 million barrels of crude oil in underground caverns at three locations on the east and west coast.

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

Tata Group to set up 4,000 Mw solar panel manufacturing unit in Tamil Nadu

The investment by Tata would be around Rs 3,000 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3HEHfw2

Green certificates trade to resume on IEX, PXIL from Wednesday after 16 months

APTEL and CERC have given the go-ahead to begin RECs trading in their orders issued on November 9 and November 18, respectively

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

No change in petrol, diesel prices on Tuesday

The pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m on November 4 from previous day's level of Rs 110.04 a litre, remained the same on Tuesday.

from Energy-Industry-Economic Times https://ift.tt/3r1H08D

Green certificates trade to resume on IEX, PXIL from Wednesday after 16 months

APTEL and CERC have given the go-ahead to begin RECs trading in their orders issued on November 9 and November 18, respectively

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3l179jM

'Greenflation' a risk for renewable energy, but long-term viability intact

The rising costs, as well as supply chain problems for some of the commodities and goods needed for green projects, won't be a long-term threat to the economic viability of clean energy

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

15 years on, HP moves towards new hydro power policy

The state has prepared a draft energy policy 2021 that aims to promote green, clean and sustainable generation of energy to enable quick harnessing of full potential of Himachal Pradesh

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

Tata Group to set up 4-GW solar panel manufacturing unit in Tamil Nadu

The investment by Tata would be around Rs 3,000 crore

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nEK7kG

Sanjeev Sahai's selection nixed; govt re-advertises PNGRB chairman post

His selection was, however, not confirmed by the government, and the post has now been re-advertised

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

ONGC should decide on mode for raising oil, gas output: Oil ministry

The proposal has met with strong resistance from the management of ONGC as well as its unions who feel its assets are being given away on a platter to the private sector

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Zewv6l

Saudi Aramco eyes new investments in India after Reliance scraps deal

Saudi Aramco said it will continue to look for investment opportunities in India, days after Reliance Industries Ltd scrapped a plan to sell a stake in its oil-to-chemicals unit to the Middle Eastern company

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3xi6mjt

Govt encouraging EVs but will not stop registration of ICE vehicles, says Nitin Gadkari

The Road Transport and Highways minister observed that the sale of EVs has increased and also pointed out that 250 startups are working on e-vehicles

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3nDO0WZ

Local fuel prices may dip as crude cools to $78/barrel

State-run oil companies are supposed to revise petrol and diesel prices daily to align these with the global rates. But companies often tend to avoid daily revisions to keep prices stable, and thus make domestic fuel price patterns harder to predict.

from Energy-Industry-Economic Times https://ift.tt/3xdzE2M

ONGC should decide on mode for raising oil, gas output: Oil ministry

"The government is keen that the domestic production of oil and gas should increase exponentially. ONGC, being the leading organization, has to play an important role," the ministry said in a statement on Monday. It said the area under exploration has to be increased which would subsequently lead to more new discoveries in the country.

from Energy-Industry-Economic Times https://ift.tt/3CSP2D7

Rs 25,000-cr MoUs signed across sectors as part of Vibrant Gujarat Global Summit 2022

In the first of a series of MoU signing events to be organised in the run-up to the 2022 VGGS, as many as 19 companies expressed their intention to invest Rs 24,185 crore in different parts of Gujarat that will generate 36,925 direct employment opportunities.

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

India plans to release oil together with other consumers, govt sources say

India plans to release oil from its strategic reserves in coordination with other consumers, three Indian government sources told Reuters on Monday.

from Energy-Industry-Economic Times https://ift.tt/2Z9ZLuQ

RIL withdraws NCLT application for O2C hiveoff, to start fresh talks with Saudi Aramco for stake sale

RIL said the company will continue to be Saudi Aramco’s preferred partner for investments in the private sector in India and will collaborate with Saudi Aramco and SABIC for investments in Saudi Arabia

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

Sanjeev Sahai's selection nixed; govt re-advertises PNGRB chairman post

Nixing the selection of former power secretary Sanjeev Nandan Sahai, the government has sought fresh applications for the post of chairman of oil regulator PNGRB, which has been lying vacant for almost a year now.

from Energy-Industry-Economic Times https://ift.tt/3oPO9WJ

Aramco eyes new investments in India after Reliance scraps $15 billion deal

“India offers tremendous growth opportunities over the long term,” Aramco said in a statement on Sunday. It will “continue to evaluate new and existing business opportunities with our potential partners.”

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

Global rivalries are miring the clean energy revolution

In particular, a rivalry between China and the United States could have far-reaching implications for the shared global goal of safeguarding the earth.

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

To achieve net-zero by 2070, India must start now

The Indian government has expressed an ambition to nearly quadruple its economy from around $2.75 trillion today to about $10 trillion by 2030

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kWC4Oi

Petrol, diesel prices static as global oil rates remain depressed

Consumers continued to get relief from rising fuel prices on Monday with the Oil Marketing Companies (OMCs) keeping pump prices of petrol and diesel prices unchanged post revision of duties by the central and state governments on Diwali eve.

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

Green hydrogen production cost three times more than grey hydrogen: Shuboday Ganta and Somesh Kumar - EY India

India’s green hydrogen market is currently in the nascent stages of development

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

To achieve net-zero by 2070, India must start now

The Indian government has expressed an ambition to nearly quadruple its economy from around $2.75 trillion today to about $10 trillion by 2030

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3FB6n4X

Fourth partner, Keppel, others eye majority stake in Cleantech

Promoter Raju Shukla, who owns a 51 per cent stake in the holding company, will sell his stake, while Shell will retain its 49 per cent stake

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3HIhk6M

Fourth partner, Keppel, others eye majority stake in Cleantech

Promoter Raju Shukla, who owns a 51 per cent stake in the holding company, will sell his stake, while Shell will retain its 49 per cent stake

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3r6ng3o

Fourth partner, Keppel, others eye majority stake in Cleantech

A supplier of renewable energy to corporations in India and Southeast Asia, Singapore-headquartered Cleantech Solar has a 600-megawatt portfolio under various stages of development in India, Indonesia, Cambodia, Malaysia, Thailand, Vietnam and Singapore.

from Energy-Industry-Economic Times https://ift.tt/3cGFKz3

France to work with UAE on renewable and hydrogen projects - minister

The minister called for economic and investment cooperation as France's economy rebounds from the coronavirus pandemic, and he mentioned investments in new supply chains as one reason for his visit to the Gulf country.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/30Tlo3n

Oil Ministry's proposal to give away Mumbai High field to pvt sector on platter upsets ONGC union

The union said ONGC should be given the same fiscal and regulatory regime as the private sector enjoys for exploring and producing oil and gas.

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

Meridian Energy sells Australia unit for $528 million to Shell-consortium

The agreement comes months after the Wellington, New Zealand-based power company kicked off a review of Meridian Energy Australia, which has about 294 megawatts of renewable generation capacity along with a retail power and gas business.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3kY057M

Oil Ministry's proposal to give away Mumbai High field to private sector on platter upsets ONGC union

The Association of Scientific & Technical Offices of ONGC petitioned Oil Minister Hardeep Singh Puri against a proposal put by Amar Nath, additional secretary (exploration) in the Ministry of Petroleum and Natural Gas, for giving away 60 per cent stake and operatorship of Mumbai High and Bassein & Satellite (B&S) offshore assets to international partners for raising output.

from Energy-Industry-Economic Times https://ift.tt/3nBj6yv

Domestic natural gas production expected to get a boost: Report

After remaining stagnant at 70mmscmd for the past five years, domestic gas available for commercial consumption has risen

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3HK2UmO

No change in petrol, diesel rates

Accordingly, petrol and diesel prices have remained static for the 17th consecutive day on Sunday under the daily price revision mechanism followed by oil marketing companies.

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

US climate change pledge faces test in Senate with global impact

The House passed a roughly USD 2 trillion social policy and climate bill Friday, including USD 555 billion for cleaner energy, although the legislation is almost certain to be changed by the Senate.

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

Conventional firms now pledge net zero to fight climate change: RIL executive

Speaking at the sixth edition of the annual business conclave 'Marmagya 6.0' organised by IIM Sambalpur, Maheshwari said "Driving future profits and still caring for the environment is the way forward."

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

Reliance reboots Aramco deal, to re-evaluate structure after new energy forays

The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing USD 10 billion in alternative energy over three years.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3cz2Nfn

Reliance, Saudi Aramco call off proposed investment deal, withdraws NCLT application for O2C hiveoff

from Energy-Industry-Economic Times https://ift.tt/2Z4fDPu

Smart Power India facilitates world's largest portfolio of mini grids

Its total capacity now stands at 15.1 MW renewable energy for the rural masses. Mini grids are involved in generation of small scale electricity.

from Energy-Industry-Economic Times https://ift.tt/3qVQ3YI

ABB Power Products rebrands itself as Hitachi Energy India

Hitachi Energy, which has focused its purpose on 'advancing a sustainable energy future for all', views India among its top five markets for expansion.

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

The ocean is essential to tackling climate change. So why has it been neglected in global climate talks?

The latest international climate negotiations made some progress by, for the first time, anchoring oceans permanently into the multilateral climate change regime.

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

Activist Greta Thunberg slams UK's Johnson over COP private jet

Climate activist Greta Thunberg on Friday slammed British Prime Minister Boris Johnson for using a jet during his hosting of the COP26 summit in Glasgow and called world leaders' behaviour hypocritical.

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

PM Modi launches Rs 3,425 crore projects, 600 MW solar power park in Jhansi

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3qQU8NG

RIL withdraws NCLT application for O2C hiveoff, to start fresh talks with Saudi Aramco for stake sale

RIL said the company will continue to be Saudi Aramco’s preferred partner for investments in the private sector in India and will collaborate with Saudi Aramco and SABIC for investments in Saudi Arabia.

from Energy-Industry-Economic Times https://ift.tt/3cus22a

Reliance and Saudi Aramco to reevaluate proposed O2C investment

​In a press release, the oil majors reiterated their desire to remain preferred partners, with Reliance set to continue as the Saudi company's collaborator in the subcontinent.

from Energy-Industry-Economic Times https://ift.tt/3CL87ah

IndiGrid consortium lowest bidder for Rs 170 crore transmission project

"Our bid of 16.74 crore levelised tariff has been noted as L1 during the reverse auction conducted on 18th November 2021. We await receipt of Letter of Intent and will release necessary intimation in due course," the company said.

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

Loom Solar reaches milestone of powering 50,000 homes

The company, said to be a leader in the mono-panel category, aims to reduce carbon footprint at the household level with its rooftop solar solution.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Fzai2u

Govt accepts Cairn's offer on retro tax; co to withdraw cases now, refund to follow

Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the refund of taxes, sources said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3oKHCN6

PM Modi to lay foundation stone of ultra mega solar park in Jhansi

Prime Minister Narendra Modi will lay the foundation stone of the 600 MW ultra-mega solar park in Jhansi on Friday.

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

Fuel prices static as oil companies keep petrol, diesel rates unchanged

The excise duty cut by the Centre on November 3 was first such exercise since the onset of Covid pandemic. In fact, the government had revised excise duty on petrol and diesel sharply in March and again in May last year to mobilise additional resources for Covid relief measures.

from Energy-Industry-Economic Times https://ift.tt/3x1Vaax

HCL, others to invest Rs 5,000 cr in Karnataka; Solar cells, Semi-conductors in focus

The Minister said as a result of the investment, facilities to manufacture semi-conductors, electronics, solar cells, washing machines, and motors for air-conditioners would be possible.

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Bosses of HSBC, Tata, Macquarie urge governments to do more for green transition

"The hardest move is that political first move because then you create the market conditions," said HSBC Chief Executive Noel Quinn, pointing to risks that the private sector had no control over, including changing political landscapes.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3CyIY2h

PM Modi to lay foundation stone of ultra mega solar park in Jhansi

Prime Minister Narendra Modi will lay the foundation stone of the 600 MW ultra-mega solar park in Jhansi on Friday.

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

TotalEnergies: will not do big deals in renewables sector, plays down Engie bid talk

Asked at an investor day event about the Engie bid chatter, Pouyanne replied: "I am not sure it would be a big producer of renewable energy since, in terms of wind and solar power, we are also big and actually even a bit bigger."

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Ft1db7

IPPs say Punjab move to revoke contracts will hit investments

If such action is allowed to go through, other states may follow suit, thereby posing a systemic risk to power sector investments- existing and upcoming-including investments in much needed RE space, Association of Power Producers has said.

from Energy-Industry-Economic Times https://ift.tt/3CvWHa9

ONGC and GAIL begin talks to acquire JBF Petrochem

The offers from the state-owned entities came within months of Assets Care & Reconstruction Enterprise (ACRE) and Dubai-based entity Citax Energy giving indicative offers to the lenders, the people said.

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

EESL to partner energy service firms to scale up Building Energy Efficiency Programme

EESL to will partner private sector energy service companies to scale up its Building Energy Efficiency Programme (BEEP). In a statement, Energy Efficiency Services Limited (EESL) said "it is developing business models for collaborating with private sector Energy Service Companies (ESCOs) and broadening its service offerings in the BEEP, in view of the huge market potential in the country."

from Energy-Industry-Economic Times https://ift.tt/3HzH45e

ONGC, Gail in preliminary talks with lenders to acquire JBF Petro

KKR-backed JBF Petro received an indicative offer from Acre ARC of USD 160m for a total loan of USD 463.3m. CFM ARC takes symbolic possession of parent company JBF Industries

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

ReNew Power loss widens to Rs 1,027 crore in Sept quarter

The total income of the company rose to Rs 2,131.3 crore in the quarter from Rs 1,475.6 crore a year ago

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

Azure Power inks PPA for 600 MW solar projects with SECI

The agreement was signed under SECI’s 4 GW manufacturing-linked projects

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Fqm9j8

Azure Power signs 600 MW PPA with SECI under 4 GW Projects

The projects will be constructed in Rajasthan, the highest solar insolation state in India, for which connectivity approval is in place and land is fully identified and is under acquisition.

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

SECI sees a sharp uptick in power sale activity during FY22

It has signed power sale agreements for supply of 5,280 MW renewable energy

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3CrgM1d

India needs $10.1 trillion investment to achieve net-zero emission by 2070: Study

India will require a total investment of $10.1 trillion to achieve net-zero emissions by 2070, while the nation could face a shortfall of $3.5 trillion, a study by CEEW Centre for Energy Finance (CEEW-CEF) said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3qP8ldO

India needs $10.1 trillion investment to achieve net-zero emission by 2070: Study

India will require a total investment of $10.1 trillion to achieve net-zero emissions by 2070, while the nation could face a shortfall of $3.5 trillion, a study by CEEW Centre for Energy Finance (CEEW-CEF) said.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3qN3gCU

Coal power stand at COP26 climate talks lends India time to transition

Most just transition experts and unions backed India's stance at the summit, saying the country "had no choice". Fossil fuels account for more than 60% of India's installed power capacity, with coal accounting for over half.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3noJED4

NextEnergy seeks $450 mln for Italian solar assets, sources say

Investors have been snapping up renewable power generation assets as the global drive to orientate industrial and financial portfolios away from planet-warming carbon picks up pace.

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

Financial bids for half a dozen CPSEs to be invited in Dec-Jan: DIPAM

The government will invite financial bids for privatising as many as many as six CPSEs, including BPCL, BEML and Shipping Corp, by January, a top government official said on Wednesday.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3CmQ1et

Petrol, diesel prices remain unchanged for 14th consecutive day

Petrol and diesel prices have remained static for the 14th consecutive day on Thursday, continuing to give consumers relief from rising fuel prices under the daily price revision mechanism followed by OMCs.

from Energy-Industry-Economic Times https://ift.tt/3HJ3hht

OPINION: The Glasgow climate pact: Continuation of platitudes and hopeful actions

The irrefutable reality is that the climate emergency is upon us and it requires impactful actions than only ceremonial outcomes during COPs.

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

Take risks, cut import dependence: FM Sitharaman's mesage to India Inc

Making a case for reducing import dependence, the minister said that there is no issue with import of components for manufacturing in India, but dependence on import of finished products has to be reduced.

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

PM Modi to launch 600 Mw Ultra Mega Solar Power Park in Jhansi

The PM will visit Mahoba at around 2.45 pm and inaugurate multiple projects aimed at alleviating issues of water shortage for farmers in the region, the Prime Minister's Office (PMO) said in a statement.

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ADNOC, TAQA form partnership to boost renewables capacity

The move comes at a time when Gulf oil-producing countries are trying to diversify their economies by creating new sectors and revenues, including through a big push in renewable energy.

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Largest solar developer Adani Green Energy ramps up its ESG score

Adani Green Energy Ltd (AGEL), the world's largest solar power developer, scored 66 points in the Corporate Sustainability Assessment (CSA) survey 2021 conducted by DJSI - S&P Global. This is significantly higher than the average world electric utility sector score of 38.

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PM Modi to launch 600 Mw Ultra Mega Solar Power Park in Jhansi

The PM will visit Mahoba at around 2.45 pm and inaugurate multiple projects aimed at alleviating issues of water shortage for farmers in the region, the Prime Minister's Office (PMO) said in a statement.

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Vedanta looks to rejig group, list businesses separately

While the London-based parent will continue to be the holding company of the diversified mining group, Vedanta Ltd and the three businesses will operate parallelly as independent, listed companies.

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India needs time and money before it can dump coal

India’s per capita energy consumption is a third of the global average. Hence, the International Energy Agency (IEA) reckons, India will need to add a power system the size of the European Union's to meet expected growth in electricity demand in the next 20 years. China is the world’s biggest coal consumer, followed by India and the US.

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Thyssenkrupp bags Rs 1,150-crore contract from NRL for expansion project

NRL, as part of Numaligarh Refinery Expansion Project (NREP), is expanding its refining capacity from the current 3 MMTPA to 9 MMTPA by installing a new 6 MMTPA capacity CDU/VDU and associated downstream process units, utility & offsite.

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Judge overturns Trump decision to end tariff exemption for imported solar panels

A U.S. judge overseeing trade issues on Tuesday overturned a decision by former President Donald Trump to allow reimposition of tariffs on some imported solar panels.

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India may be dragging on climate goals, but its EV portal is visionary

India has unveiled E-Amrit, a government-run portal that’s a one-stop shop for all your electric vehicle questions. From subsidies for drivers and manufacturers to charging facility locations and financing options, the goal is to boost consumer knowledge. This is a masterstroke of sorts and will shape the EV adoption story globally.

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Indian govt aims to privatise 5-6 state-owned companies in 2021/22

India's government is aiming to complete the privatisation of five to six state-owned companies, including Bharat Petroleum Corp Ltd, in the current fiscal year.

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Chhattisgarh should be allowed to produce ethanol from paddy: CM Bhupesh Baghel to Centre

Chief minister Bhupesh Baghel attended the virtual meeting of CMs from all the states of the country, chaired by Union Finance Minister Dr Nirmala Sitharaman on Tuesday.

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IntelliSmart bags Rs 500-cr order from Assam govt to install 6 lakh smart meters

Smart metering company IntelliSmart has won a Rs 500 crore order from the Assam government to install about six lakh smart meters in the state. In this regard, a Letter of Award (LoA) was awarded to the company from the Assam Power Distribution Company Ltd (APDCL) on Monday to install the meters in 19 circles, Anil Rawal, MD and CEO, IntelliSmart said.

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Advanced Chemistry Cell PLI Scheme receives good investor response

The pre-bid conference organised by the Ministry of Heavy Industries (MHI) for prospective bidders for Advanced Chemistry Cell (ACC) PLI Scheme has received wide participation and interest from bidders both in person and virtually with around 100 participants from about 20 companies.

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IEA says oil price rally may start to ease

Shortages of natural gas and coal have triggered a switch to oil, boosting demand for crude and fuelling a rise in prices.

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MNRE team to visit Ladakh to sort out issues related to 10-GW renewable energy project

The Ministry of New and Renewable Energy will send its team within a week to help the administration of Ladakh sort out issues, mainly related to land, in the implementation of the 10-gigawatt (GW) renewable energy project there.

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MNRE team to visit Ladakh to sort out issues related to 10-GW renewable energy project

The Ministry of New and Renewable Energy will send its team within a week to help the administration of Ladakh sort out issues, mainly related to land, in the implementation of the 10-gigawatt (GW) renewable energy project there.

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Tesla India buys portable inverters from Noida-based startup

Tesla India has placed a bulk order for portable inverters with a Noida-based startup that can also be used as a electric vehicle (EV) charging station, possibly making first of such deals in the country before the roll out of its much-anticipated cars in India.

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ONGC told to mark areas for privatisation

ONGC produces more than 60% of India's oil and gas output and has resisted several attempts at privatizing its fields over the past few years.

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500th vessel unloading done at single-point mooring station of Mangalore Refinery

Till 2012, MRPL unloaded crude only through smaller ships which were unloaded at Jetty 11 and 12 of NMPT (New Mangalore Port Trust). The smaller ships with less than 245-metre length and 14-metre draught (part of ship within sea) only could be unloaded at the jetty. Now, the SPM station can attend to vessels with 330-metre length and with 22-metre draught, the release said.

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Rajasthan cuts VAT to reduce fuel prices by up to Rs 5 per litre

​​"In the cabinet meeting today, it was unanimously decided to reduce the rate of VAT on petrol and diesel. After this, the rates will be reduced by Rs 4 per litre in petrol and Rs 5 per litre in diesel from 12 o'clock tonight,” Rajasthan Chief Minister Ashok Gehlot tweeted.

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