Cochin International Airport to double installed solar capacity in next 5-10 yrs: S Suhas, MD

This target involves the installation of new solar plants in remote locations, similar to the Payyanur plant

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

GAIL fast-tracks net zero carbon goal to 2035 from 2040

In a significant strategic move, GAIL (India) Ltd has revised its target to achieve net zero carbon emissions to 2035, advancing it by five years from the initially set goal of 2040.

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

CM lays foundation stone of 10 MW solar power project at Aghlor in Kutlehar constituency

The chief minister said this was the second solar power project in Una district after the 32 MW Pekhubela project, which was completed within a record time of six months and will generate income of Rs 20 crore.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/m5PdHk4

Odisha govt approves renewable energy projects worth Rs 903 Cr

The single window committee (SWC) of the Energy Department led by Principal Secretary Vishal Kumar Dev cleared the investment proposals with an aim to meet the state's RE target of 10 GW by 2030.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/g0Vt4d7

ETEnergyworld Net Zero Forum: VK Saraswat advocates for green hydrogen, low emission pathways

The NITI Aayog official also discussed the National Green Hydrogen Mission, aiming to produce 5 million metric tons of green hydrogen by 2034 with an investment of ₹19,700 crore.

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

Megha Engineering & Infrastructure emerges lowest bidder for Rs 12.8k-cr nuclear project contract

MEIL emerged as the lowest bidder, demonstrating its exceptional technical capabilities and cost-efficiency by submitting the lowest bid of Rs.12,799.92 crores, the statement said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/P764tDf

India Energy Storage Week to propel ₹2000 crore investment, new global partnerships

The India Energy Storage Alliance (IESA) today unveiled plans for this significant financial boost, which is set to propel India into a global hub for energy storage and clean technology.

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

Adani CFO calls some regulator notices group received 'trivial'

Group companies said the notices they received were related to disclosure rules and related party transactions, but they have not provided detail regarding the alleged violations or the parties involved.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/FT6f8Pn

Adani to invest Rs 2 lakh crore in renewable energy capacity addition by 2030

"Considering the ballpark number of Rs 5 crore per megawatt, the investment could be in the range of Rs 2 lakh crore by 2030," Adani Green Energy Ltd Executive Director Sagar Adani told reporters here.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/EdIf3nH

Schneider Electric calls for government incentives to promote energy efficiency in India

As industries worldwide face increasing pressure to reduce energy consumption and carbon emissions, Schneider Electric is emphasizing the need for supportive policies that could help companies transition toward more sustainable operations.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/27WCf3B

GP Eco Solutions shares zoom 304 pc on market debut

The company's market valuation stood at Rs 461.11 crore at market close. In traded volume terms, 15.30 lakh shares of the company changed hands on the bourse.

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

After 7 years and $1.2 bn investment, ONGC offers stake in Deen Dayal gas field

The field has produced negligible quantities of gas since ONGC in January 2017 acquired Gujarat State Petroleum Corporation's (GSPC) 80 per cent interest in the KG-OSN-2001/3 block off the east coast of India.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/9ht0x6u

Heat wave brings down solar panel efficiency by up to 1.5 per cent per 5°C temp rise: Experts

Higher temperatures increase the resistance within the solar cells, thus reducing the voltage and overall power output

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/VaBw8eD

ONGC and IOCL sign MoU for new LNG Plant at Hatta, Vindhyan Basin upgraded

The MoU ceremony saw participation from Sujoy Chaudhary, Director (Planning & Business Development) at IOCL, and Sushma Rawat, Director (Exploration) at ONGC.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/sGr8XCy

India's May oil imports: Russia at record high, Saudi lowest in 10-month

That boosted Russia's share in the world's third largest importer and consumer to nearly 41% last month, the data showed.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/SnVhd4r

IREDA bond issue raises Rs 1500 crore, oversubscribed 2.65 times

Secured at an annual interest rate of 7.44% over a tenure of 10 years and 2 months, the funds will support the financing of green energy projects across the nation.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/9ZRifak

Indo-Lanka joint energy projects dominate bilateral talks between Jaishankar and Wickremesinghe

"Significant attention was given to plans for a Liquified Natural Gas supply, a proposed petroleum pipeline linking the two countries, and advancing oil and gas exploration projects," an official press release said.

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

Solar to generate 20 per cent of global electricity today on summer solstice midday peak

In June global solar generation has a seasonally higher share, where it estimates that 89 per cent of the world’s solar panels are installed

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

Gensol Engineering bags another BESS project from GUVNL

Gensol Engineering secures an additional 250 MW/500 MW Battery Energy Storage System Project from GUVNL, increasing its order book to Rs 3,100 crore.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/T4pWEPI

IOC, GPS Renewables form joint venture for sustainable energy solutions

Indian Oil Corporation (IOC) partners with GPS Renewables Pvt Ltd to establish a joint venture dedicated to advancing biofuel adoption in India.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/XIoh40R

Opinion: China's hydropower generation surges and coal ebbs

Hydroelectric generation surged to 115 billion kilowatt-hours (kWh) in May 2024, up from 82 billion kWh in the same month last year, when a prolonged drought lowered river levels.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/PSvf7hJ

US, India must remain at forefront of technology: NSA Doval

The iCET was launched by Prime Minister Narendra Modi and US President Joe Biden in May 2022 with an aim to forge greater collaboration between India and the US in areas of critical technologies.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/i1saBlq

NTPC ropes in Macawber Beekay to supply green coal for power projects

Green coal is charcoal made using municipal solid waste (MSW) through a thermal treatment process called torrefaction, which is carried out in an oxygen-deficient environment, MBL said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/9MgRBNo

Electricity KYC update scam: DoT directs blocking of 392 mobile handsets misused for frauds

The Department of Telecommunications (DoT) said it has initiated targeted actions to protect citizens in response to reports of fraudulent activities involving mobile numbers in electricity KYC update scams.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/e38OmiU

No monthly minimum charges for domestic power consumers: Haryana CM

"From now on, residents of the state will receive bills based solely on the number of units of electricity consumed, providing much-needed relief to electricity consumers," the statement said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/Rhd2eMx

DERC releases draft regulation for green power obligations on discoms

The Draft Delhi Electricity Regulatory Commission (Renewable Purchase Obligation and Renewable Energy Certificate Framework Implementation) Regulations, 2024 has been issued by the DERC, which is seeking public comments till July 2, they said.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/oWwj3i0

Corporate titans pledge enhanced ESG commitments at ETEnergyworld Net Zero Forum

The panel discussion, themed "The Intersection of ESG and Net Zero in India," served as a platform for these corporate stalwarts to outline their strategies and address the multifaceted challenges in their sustainability endeavors.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/D203zgF

Kalpataru Projects International exploring green hydrogen electrolyser manufacturing, says Director Amit Uplenchwar

He said that the company is also looking at a JV or a foreign collaboration for electrolyser manufacturing as they already have gigafactories in Raipur and Gandhinagar

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

Assam aiming to produce 3,000 mw of solar power by 2027: CM

The Namrup plant will be built at a cost of Rs 115 crore and once commissioned, it will add to the state's multi-pronged strategy to move towards a green energy regime, he said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/7RnfmkJ

Builders must provide for rain harvesting, solar energy to make housing societies sustainable: Govt

"It's very important to change the way we are building houses. Let us not get water from outside. Can you get water for your own buildings, for your own use and energy from your own buildings, for your own use," Thara said when asked about her wish list from the developers' fraternity.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/oz5O3WT

L&T bags 'large' offshore order from ONGC

L&T has classified the order as 'large', which means the order value ranges between Rs 2,500 crore and Rs 5,000 crore.

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

MECON invites bids for hydrogen injection projects in sponge iron plants, blast furnaces

MECON has issued an RFP for pilot projects on hydrogen injection in DRI (direct reduced iron) plants and blast furnaces to promote decarbonization and sustainability, it said.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/CQ3V9yF

Gensol Engineering bags 250 MW BESS project from GUVNL, eyes expansion to 500 MW

There is also a greenshoe option that allows for the expansion of the project up to 500 MW/1000 MWh, subject to GUVNL's discretion, potentially generating total revenue of approximately INR 2680 Crore over the 12-year duration of the Battery Energy Storage Purchase Agreement (BESPA).

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/q3nSkIX

India to invest over $360 billion in renewable energy and infrastructure by 2030: Moody's

India's rapid digitalization is expected to drive approximately INR 1.5 lakh crore into investments in data centers over the next 5-6 years, boosting the country's digital infrastructure capabilities.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/GT89MZi

Work cut out for Power Ministry in Modi 3.0

The focus will primarily be on expanding renewable energy capacity and integrating advanced technologies to stabilize the grid.

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

India's EV sales soar 40 per cent to 1.75 million units in FY2024

E2Ws emerged as the frontrunners, with sales totaling 1,009,356 units, indicating a notable y-o-y growth of 29 per cent. This category constituted a substantial 57.60 per cent share of the overall EV sales in FY2024.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/bI1Al7F

Modi 3.0 Cabinet: G. Kishan Reddy awarded with coal and mines ministry; Joshi gets MNRE

Former Telangana BJP chief and Secunderabad Lok Sabha MP G Kishan Reddy has been allotted ministry for Coals and Mines, an official statement said. Earlier, Reddy handled the Union ministry of tourism.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/nJo50Fd

Nepal Parliament approves ratification for framework agreement related to International Solar Alliance

The House of Representatives (HoR), or the Lower House on Thursday endorsed the proposal tabled by minister for energy, water resources and irrigation, Shakti Bahadur Basnet through a majority vote.

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

SECI invites bids for 5.39 lakh MT/annum green ammonia production

The bidding for a total available capacity of 5.39 lakh Metric Tonnes (MT)/annum of Green Ammonia intended for production and supply will be carried out through e-bidding followed by e-Reverse Auction process. Green Ammonia produced will be supplied to the fertilizer companies, it stated.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/Dinab3d

India's renewable energy projects face financial headwinds from copper volatility

The recent surge in copper prices is posing significant financial challenges for India's renewable energy sector, leading to increased project costs and budgeting issues

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/05jwRZY

IIT-Jodhpur develops adaptor to charge EVs using solar panels

Nishant Kumar, an Assistant Professor at the Electrical Engineering Department at IIT Jodhpur, revealed that the adaptor is expected to cost under INR 1,000. Kumar emphasized, "This could be particularly effective if the solar panel initiative succeeds."

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2LX1fFu

ONGC seeks technical help to raise Mumbai High output

"The giant multi-layered Mumbai High field, which commenced production 48 years ago in 1976, is currently in its mature stage of production and ONGC has implemented a number of schemes in this field to improve production," it said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/K8sU6LT

India's path to net-zero: Critical minerals demand set to skyrocket

For the fiscal year 2025, India will need approximately 58 tonnes of lithium, 17 tonnes of cobalt, 52 tonnes of nickel, and 609 tonnes of graphite.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/lZFVG68

IPEF Forum: India eyes $500 billion investment in renewable sector

The forum underscored the alignment of these initiatives with global investment trends and the transition to sustainable energy sources.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/FS58Ee9

Azerbaijan, IRENA partner to monitor renewable energy expansion, energy efficiency goals by 2030

The agreement between Azerbaijan's Energy Minister Parviz Shahbazov and IRENA’s Director-General Francesco La Camera was finalized on the sidelines of the Baku Energy Week. Both parties have also planned to host a joint event at the Pre-COP meetings in Baku, ahead of COP29.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/LejP2xo

India's refining capacity set to increase to 276.1 MMT by 2024, up from 266.5 MMT

The bi-annual publication also shows an anticipated rise in petroleum product consumption, expected to reach 233.3 million metric tonne, up from 223.0 million metric tonne in the previous year. This increase reflects a steady growth in domestic demand for petroleum products.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/8RA5F2M

From solar milestones to green cement: India's diverse sectors align for net-zero future this World Environment Day

From the lavish halls of luxury hotels to the bustling factories of manufacturing giants, a myriad of sectors are mobilizing their resources and innovating towards a cleaner, greener future.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/dDhPjQ1

Haryana government to launch Rs 10,000-crore project to combat air pollution

The announcement was made in a meeting of the governing committee of Haryana Clean Air Project for Sustainable Development held under the chairmanship of the chief secretary here on Monday, according to an official statement.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/6GIzVEJ

Tata Power Solar System launches nationwide solar power drive from Jodhpur

The scheme was launched by Praveer Sinha CEO and MD Tata Power in the presence of Deepesh Nanda, CEO & MD, TPREL, senior company officials said.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/D1p9SX7

Cairn Oil & Gas targets net zero by 2030

These include sourcing up to 70 MW of renewable energy by 2030, with a renewable power delivery agreement for 25 MW set to commence in the current fiscal.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/8exdER5

Modi plans post-election reforms to rival Chinese manufacturing

As part of an election pledge to transform India into a global manufacturing hub, Modi wants to offer subsidies for domestic production modelled on recent packages for semiconductor firms and electric vehicle makers, said the officials, who spoke on condition of anonymity because they were not authorised to talk to media.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/4ai71ts

Govt approves Rs 200-cr fund for green hydrogen valley projects in four states

The fund will be allocated to four green hydrogen clusters across India over five years

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/ComDy53