Adani shrugs off Hindenburg effect, back to rapid expansion spree

The Rs 10,000 crore plant helped India join China and other nations that are rapidly expanding production of copper, a metal crucial for transition away from fossil fuels

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Engie plans Rs 7,000-crore investment in additional solar capacity addition by 2025

"We're looking at about €800 million, roughly around ₹7,000 crores of investment in the next 5 projects that we've secured across two states – Rajasthan and Gujarat. The capex will be spent on these projects by 2025," Jain stated.

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Adani Green Energy begins operation of 775 MW solar projects in Gujarat

Adani Green Energy through its various wholly-owned stepdown subsidiaries has operationalised an aggregate 775 MW solar power projects at Khavda, Gujarat, it said.

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Luminous Power Technologies inaugurates solar panel manufacturing factory in Uttarakhand

According to the statement, the inauguration event was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish Pant, Chairman of Luminous Board & Executive VP - International Operations, Schneider Electric.

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Vedanta debt to be divided among demerged cos in ratio of assets

Vedanta is in advanced stages of engagement with its lenders on the issue, and the process has proceeded smoothly, they said.

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Nayara names Alessandro Des Dorides as new CEO

In 2019, Italian oil company Eni SpA bought a shipment of oil that was purported to have come from Iraq but actually came from Iran. The act potentially breached the US sanctions and led to Des Dorides, who oversaw the deal for the cargo, being fired.

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UltraTech to acquire 26 pc equity shares of O2 Renewable Energy

The cement maker company has entered into an energy supply agreement and share subscription and shareholders agreement with O2 Renewable Energy.

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Climate activist Sonam Wangchuk announces 'border march' to highlight ground realities in Ladakh

Wangchuk alleged that nomads were losing prime pasture land to huge industrial plants to the south and Chinese encroachments to the north.

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Indian Oil awaits sanctions relief extension to resume Venezuelan oil buy

IOC is scheduled to get a cargo of Venezuelan oil next month, according to LSEG trade flow.

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NTPC signs pact with Japanese agency for USD 200 million loan

The agreements have been signed for a JPY 15 billion loan each for NTPC Ltd and NTPC Renewables Energy Ltd (NREL), it added.

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Indian refiners buy more US crude as Russia sanctions tighten

About 7.6 million barrels of oil, or 256,000 barrels per day (bpd), were headed to India on three very large crude carriers and three Suezmax vessels, according to ship tracking firm Kpler.

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Green hydrogen costs to fall with renewable energy tariff reductions by 2030: Report

By 2030, solar tariffs in the UAE, Saudi Arabia, Egypt, Chile, and India are expected to dip below USD 20/MWh, while wind energy tariffs could fall under USD 30/MWh in Saudi Arabia, Egypt, the US, and India.

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Government allows UAE's Adnoc to export oil from Indian strategic storage

At present, crude oil, which is the raw material for producing fuels like petrol and diesel, is not allowed to be exported except through the state-owned Indian Oil Corporation (IOC).

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Up to 15% of India’s green hydrogen mfg expected to shift out due to global incentives: Experts

According to Prashant Vasisht, senior vice-president and co-head, corporate ratings at ICRA, domestic companies will stand at risk of losing out to competition from both the US and Europe as these schemes bring costs to low levels.

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CERAWEEK: Financiers grab reins as new energy startups struggle

Excitement around new energy technologies saw billions of dollars of investment poured in the last four years into those aiming to shape the energy transition with biofuels, hydrogen, solar, wind and carbon removal technologies.

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Rooftop solar scheme may be linked with Gati Shakti programme

The PM Gati Shakti plan incorporates the infrastructure schemes of various ministries and state governments like Bharatmala, Sagarmala, inland waterways, dry and land ports, among others. Once under Gati Shakti, stakeholders like power distribution companies (discoms) can do better planning of the infrastructure and capacity addition required by them.

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'Unprecedented opportunities to strengthen beneficial clean energy India-Bhutan partnership'

"India and Bhutan share an exemplary bilateral relationship characterised by trust, goodwill and mutual understanding at all levels, strong bonds of friendship and close people-to-people contacts," it said.

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SC forms expert panel to suggest areas for underground laying of power lines in GIB habitats

Great Indian Bustards (GIBs) are especially found in Rajasthan and Gujarat, and the alarming decrease in their numbers is attributed to frequent collisions with overhead power transmission lines, including those of solar plants, near their habitats.

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Transition capex and R&D spending crucial for Indian oil & gas companies net zero goals: Report

The analysis suggests that the Indian O&G sector’s ambitious goals, set for the years 2035 to 2046, are challenging given the current lower allocations of capital expenditure (capex) towards the green transition, which is mainly focused on reducing process emissions.

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Global experts gather in New Delhi to discuss hydrogen's role in clean energy transition

During the proceedings, the delegates presented updates on their countries' hydrogen strategies, detailing national initiatives in research and development, policy formulation, and infrastructure development aimed at fostering a robust hydrogen economy.

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GRID-INDIA granted Miniratna Category-I status by power ministry

Comprising five Regional Load Despatch Centres (RLDCs) and the National Load Despatch Centre (NLDC), GRID-INDIA shoulders the immense responsibility of managing the All India synchronous grid, one of the world's largest and most intricate power systems.

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Adani Electricity aims to instal 8,500 EV chargers in suburban Mumbai

Vehicle owners can schedule charging sessions, monitor usage, and pay directly through a mobile app as part of the initiative, as per a statement.

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Record low REC prices unlock cost-efficient path for Discoms' green compliance

This historic drop in prices follows the Central Electricity Regulatory Commission (CERC)'s strategic move in December 2022 to eliminate the floor and forbearance price caps on RECs, allowing the market to dictate pricing.

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Deep discounts keep Russia as India's foremost oil provider amid global shifts

This surge in imports from Russia, which accounted for more than a third of India's total oil import bill of $12.04 billion for the month, solidifies Russia's position as India's premier oil supplier.

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Solar sector alert: Red Sea turmoil propels module prices, India seeks self-reliance in production

The disruption has led to an alarming 20% hike in the prices of solar modules shipped from Asia to Europe, spotlighting the vulnerabilities of India's reliance on imports for its solar projects.

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ICRA expects 6-8% penetration for E-2Ws, 14-16% for E-3Ws by FY2025

ICRA highlighted that the initial purchase cost of an e-2W is anticipated to be around 10% higher without the FAME-II subsidy, making e-2Ws more than 70% costlier than their petrol counterparts.

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SJVN Green Energy to build 200 MW solar project in Gujarat with GUVNL

The project, which will be situated in the solar park of Gujarat State Electricity Corporation Limited (GSECL) at Khavda, Kachchh district, was awarded to SGEL after a competitive bidding process that concluded with a tariff of Rs 2.66 per unit.

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'ETHANOL 100' hits the road at 183 Indian Oil stations in five states

Union minister for petroleum & natural gas Hardeep Singh Puri, flagged off the high-octane, eco-friendly fuel, with the government eyeing a 20% ethanol-petrol blend by 2025-26.

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IndiGrid to build 180 MW battery storage system in Gujarat

This BESS project, part of a broader 250 MW / 500 MWh initiative by GUVNL, aims to enhance the state's energy storage capabilities to ensure a consistent supply of renewable energy.

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Petrol and diesel prices reduced by ₹2 per litre ahead of LS polls

After the price revision goes into effect, the petrol prices in Delhi will now cost Rs 94.72 per litre, down from ₹96.72 per litre, while prices in Mumbai, Kolkata and Chennai are set to drop to ₹104.21 per litre, ₹103.94 per litre and ₹100.75 per litre, respectively.

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BPCL to launch CBG plants in Chhattisgarh with ₹200 crore investment

An investment of ₹100 crore each is earmarked for setting up state-of-the-art facilities in Raipur and Bhilai, aiming to convert municipal solid waste into biofuel.

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PM Shehbaz Sharif meets Chinese ambassador; promises timely implementation of CPEC projects

Sharif said that Pakistan was keen to "move to the next phase of CPEC, including operationalisation of the Special Economic Zones (SEZs) to facilitate Chinese investment in Pakistan."

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Former Congress govt put power companies in debt: Rajasthan CM Sharma

Sharma said that the Congress had incurred a loss of Rs 65,000 crore on the power companies in Rajasthan between 2008 and 2013.

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India's energy subsidies reach 9-year peak at $39.3 billion amidst global crisis

The surge is attributed to the nation's broad-based strategy to enhance its energy supply in light of the 2022 global energy crisis and its burgeoning energy needs.

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PM Modi inaugurates ₹20,600 crore petrochemical project in Gujarat

These initiatives are part of a broader vision for the development of a progressive India, touching lives across more than 200 different locations.

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Amit Shah inaugurates PNG facility in 41 Delhi villages, development works in 178 others

Union Minister of Housing and Urban Affairs and Petroleum and Natural Gas Hardeep Singh Puri and Delhi Lt Governor VK Saxena were present during the event.

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Green hydrogen push: India eyes $7-15 billion import substitution, plans $4-12 billion investment

A report by Alvarez & Marsal highlights India's ambitious plans to tap into the green hydrogen market, potentially leading to $3–5 billion in exports and $7–15 billion in import substitution within the next decade.

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EVs beat internal combustion engines on total cost in India, yet face adoption hurdles

The study finds that small passenger electric vehicles are already more cost-effective than their gasoline counterparts in terms of TCO.

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Transition to renewable energy could save Bengal Rs 62,000cr over next decade: Study

According to the report, about 97 per cent of West Bengal's power is now coal-based, with only a meagre 200 MW of wind and solar capacity.

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India aims for green shipping, targets all coastal and inland vessels for renewable energy by 2029

Speaking at the conclave, the Secretary emphasised the urgent need for the maritime sector to embrace sustainability.

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KPI Green Energy secures solar projects totalling 9.4 MW

Out of the total 9.40 megawatt (MW), 5 MW capacity will be set by KPI Green Energy Ltd and the remaining 4.40 MW capacity by its wholly-owned subsidiary KPIG Energia Private Ltd.

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Sterling and Wilson Renewable Energy appoints Pammi Venkata Nrusimha Sai as O&M chief

"The Board of Directors of the company has approved the appointment of Pammi Venkata Nrusimha Sai, as the Head - Operations & Maintenance (O&M) and Wind, designated as a Senior Management Personnel of the company," the filing said.

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India to boost CNG, PNG infrastructure with 17,500 stations, 120 million connections by 2030: Puri

This expansion is expected to significantly develop ancillary industries, such as those manufacturing CGD meters, compressors, and dispensers, contributing to the vision of an Atmanirbhar Bharat or Self-Reliant India.

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Delhi govt inspired by 'Ram Rajya'; ensuring free power supply, promoting green energy: Atishi

During her maiden Budget speech in the assembly, Atishi said people lit lamps and celebrated Diwali after Lord Ram returned to Ayodhya after defeating Ravana.

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SECI to issue tender for 500-MW concentrated solar-thermal power project

Probable locations for the project development will be Gujarat, Rajasthan, or Andhra Pradesh due to higher solar radiation in these states, SECI’s Chairman and Managing Director R P Gupta told ETEnergyWorld.

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REC lists bonds worth ₹5,375 crore on NSE and BSE

The first bond, with a 10-year maturity, is valued at ₹2,500 crore and boasts a yield of 7.47%, set to mature on February 28, 2034.

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