Friday, November 29, 2024

Coal India arm hikes fuel price from Jharkhand mine, to earn Rs 300 cr additional revenue

The revision, effective from November 30, reflects adjustments in logistics costs, which are now being passed on to consumers, company officials said.

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Thursday, November 28, 2024

Iron ore output grows 4.1% in FY25; key minerals maintain growth: Mines ministry

Iron ore accounts for 69% of the total mineral production under the MCDR framework by value and had recorded an annual production of 274 MMT in FY 2023-24.

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Wednesday, November 27, 2024

Oil edges lower after jump in US gasoline stocks, OPEC+ supply decision in focus

Brent crude futures fell by 4 cents, or 0.1 Percent , to $72.79 per barrel by 0220 GMT, while U.S. West Texas Intermediate crude futures were a cent lower at $68.71 a barrel.

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India bets big on green energy with 22.4 GW solar, 3.6 GW wind in pipeline

As of September 30, 2024, the country’s cumulative renewable energy capacity reached 201.46 GW. Solar energy accounted for 45% of the total, followed by wind and large hydro at 23% each.

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Tuesday, November 26, 2024

GHG emissions from transport could hit 2.4 bn tonne without action: TERI

The "Roadmap for India’s Energy Transition in the Transport Sector" highlights the urgent need for policy interventions to curb emissions and achieve net-zero targets.

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Monday, November 25, 2024

Oil falls on potential deal to end Israel-Hezbollah conflict

Brent crude futures fell 28 cents, or 0.38 Percent , to $72.73 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures were at $68.62 a barrel, down 32 cents, or 0.46 Percent .

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Sunday, November 24, 2024

BJD says allegations of Adani paying bribe to Odisha govt officials 'false'

" The opposition party headed by former CM Naveen Patnaik also claimed that the case of Odisha is different from that of other states as the BJD government privatised power distribution and the administration has no direct link with agreements made for availing renewable energy.

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Adani US indictment: US charges relate to a single contract, no public co accused, says Adani Group CFO

Adani Group CFO Jugeshinder Robbie Singh clarified that the US bribery charges only concern a single contract representing 10% of Adani Green Energy's operations. While aware of an ongoing investigation, the group claims it learned of the specific charges two days prior. Singh emphasized that none of the 11 publicly listed Adani companies are implicated in any wrongdoing.

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Union Minister Manohar Lal launches NTPC's green hydrogen buses in Leh

Union Minister of Power and Housing & Urban Affairs Manohar Lal on Saturday flagged off a fleet of green hydrogen buses of NTPC at Leh in the presence of senior officials of the Ministry of Power, Leh Administration, and NTPC on Saturday.

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Friday, November 22, 2024

Union power minister visits 45 MW NHPC Nimoo Bazgo power station, reviews renewable energy efforts

Accompanied by NHPC CMD R.K. Chaudhary, the minister examined various aspects of the power station’s operations and its contribution to Ladakh’s energy infrastructure.

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Thursday, November 21, 2024

Experts call for public-private investment to accelerate EV infrastructure

At the India EV Fast Charging Summit hosted by the India Energy Storage Alliance (IESA) in New Delhi, industry leaders highlighted the need for robust funding and infrastructure to meet the growing demand for EV charging.

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Global solar push could create 27 million jobs by 2050, cut emissions by 25%: ISA

The report, titled “Unleashing the Role of Solar in Advancing Economic, Social, and Environmental Equity,” was unveiled by Union Minister of State for Environment, Forests, and Climate Change, Kirti Vardhan Singh, in the presence of Bhutan’s Secretary for Energy and Natural Resources, Karma Tshering, and other global leaders.

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Wednesday, November 20, 2024

Global floating solar capacity to reach 77GWdc by 2033, Asia-Pacific leads market

The report, Floating Solar Landscape 2024, stated that the APAC region is expected to achieve 57GWdc of the global FPV capacity by 2033, with India, China, and Indonesia leading with a combined installed capacity of 31GWdc.

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Tuesday, November 19, 2024

Tata Power, Druk Green ink pact to develop 5,000 MW clean energy in Bhutan

The Memorandum of Understanding (MoU) was signed in Thimphu in the presence of Bhutan's Prime Minister Dasho Tshering Tobgay, Tata Sons Chairman N. Chandrasekaran, and senior officials from the Indian and Bhutanese governments.

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Tata Power, Druk Green ink pact to develop 5,000 MW clean energy in Bhutan

The Memorandum of Understanding (MoU) was signed in Thimphu in the presence of Bhutan's Prime Minister Dasho Tshering Tobgay, Tata Sons Chairman N. Chandrasekaran, and senior officials from the Indian and Bhutanese governments.

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Monday, November 18, 2024

PSU OMCs report 5.5% growth in LPG sales, expand coverage to over 32 crore domestic consumers

The domestic sector accounted for 89% of these sales, underscoring the increasing penetration of clean cooking fuel in households across the country.

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Sunday, November 17, 2024

Delhi's AQI crosses 'Severe+' Mark, GRAP Stage-IV measures to be imposed from Monday to curb Pollution

In response to worsening air quality in Delhi-NCR, the Commission for Air Quality Management (CAQM) has decided to activate Stage IV of the Graded Response Action Plan (GRAP) from Monday.

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Friday, November 15, 2024

Urgent push needed for long-duration energy storage to meet global climate goals: Report

The Council's first Annual Report calls for an immediate scale-up of long-duration energy storage solutions to integrate the rapidly increasing renewable energy capacity coming online, as COP29 unfolds in Baku, Azerbaijan.

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Thursday, November 14, 2024

Delhi pollution worsens: GRAP stage-III restrictions imposed across NCR

The decision follows a comprehensive review of air quality and weather forecasts from the India Meteorological Department (IMD) and IITM, which indicate a likelihood of the AQI remaining in the "very poor" range in the coming days.

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Coal ministry reviews 127 blocks, reports 33% increase in production

The review meeting, chaired by Additional Secretary and Nominated Authority Rupinder Brar, covered 64 operational coal blocks and 63 non-operational blocks nearing production stages across states including Arunachal Pradesh, Assam, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, and West Bengal.

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Wednesday, November 13, 2024

Saatvik Green Energy partners with MSEDCL to supply solar pumps in Maharashtra

The pumps, with capacities ranging from 3HP to 7.5HP, will be deployed to enhance water access for irrigation, drinking water supply, livestock watering, and pond management.

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Tuesday, November 12, 2024

India’s renewable capacity reaches 203 GW, solar grows 28%: MNRE

The rise, from 178.98 GW in October 2023, underscores India’s commitment to clean energy and aligns with the ‘Panchamrit’ goals set by Prime Minister Narendra Modi.

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Monday, November 11, 2024

High installation cost, skill shortage key barriers to solar adoption: Report

The survey, titled "Solar Spectrum of New India," highlights the growing interest in solar power as well as regional disparities in adoption rates and awareness levels.

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Tembo Global bags ₹595 crore solar contract from Maharashtra state electricity distribution

The Power Purchase Agreement (PPA) under Mukhyamantri Saur Krushi Vahini Yojana 2.0 will support the installation of solar power stations with a total capacity of 124 MW (AC), part of the PM-KUSUM scheme’s initiative for feeder-level solarisation.

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Sunday, November 10, 2024

COP29 at Baku: Critical moment for climate action

The Conference of Parties (COP) has always been a crucial event in the battle against climate change at a global stage as the climate crisis intensifies. The Summit is expected to be a key turning point in global efforts to tackle rising temperatures, strengthen international climate agreements, and implement the Paris Agreement's goals.

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How does Trump’s White House return fare for US-India clean energy ties?

Under the Biden administration, the Inflation Reduction Act (IRA) of 2022, has been a crucial pillar of US clean energy policy, providing substantial incentives for companies to invest in renewable energy infrastructure, including solar power.

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Friday, November 8, 2024

Govt cancels JSW Steel’s coal block agreement, forfeits Rs 100 cr guarantee for non-compliance

The Ministry has also instructed IDFC First Bank to encash a Rs 100 crore bank guarantee submitted by JSW Steel as part of the contract’s security provisions, marking a significant move aimed at enforcing compliance within the coal sector.

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India’s push for green hydrogen: TERI policy brief calls for pilot projects, subsidies, and SPVs

Emphasizing innovation, competitive procurement, and government-backed initiatives, TERI’s report explores the multiple hurdles and opportunities in building a sustainable green hydrogen ecosystem in India.

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Thursday, November 7, 2024

SECI bars Reliance Power and subsidiary from tenders for three years over document discrepancy

The ban, which took effect on November 6, 2024, follows SECI’s discovery of a forged endorsement on a bank guarantee, a critical document in the bidding process for a 1000 MW/2000 MWh standalone BESS project.

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Wednesday, November 6, 2024

EKI Energy, ARGI ink deal to strengthen carbon credit and sustainability footprint in North America

This partnership aims to expand EKI’s carbon credits trading and sustainability services across North America, with a particular focus on the aviation sector.

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Tuesday, November 5, 2024

AI takes centre stage in energy transition at ADIPEC 2024, leaders call for responsible use

The newly launched AI Zone at ADIPEC showcased innovative AI solutions, with tech leaders like Microsoft’s Neeraj Joshi and Carbon Clean’s Aniruddha Sharma presenting the latest in AI-driven clean energy projects.

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IREL, Kazakhstan’s UKTMP ink pact for titanium slag JV in Odisha

The Indo-Kazakh joint venture will utilize IREL’s surplus Ilmenite from its Odisha operations to produce high-grade titanium feedstock, with UKTMP JSC providing technology and offtake agreements.

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AI takes centre stage in energy transition at ADIPEC 2024, leaders call for responsible use

The newly launched AI Zone at ADIPEC showcased innovative AI solutions, with tech leaders like Microsoft’s Neeraj Joshi and Carbon Clean’s Aniruddha Sharma presenting the latest in AI-driven clean energy projects.

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

Monday, November 4, 2024

Brent crude expected to trade in $75-80 range amid oversupply, weak demand: Report

Fundamental factors, including estimates from OPEC, the International Energy Agency (IEA), and the U.S. Energy Information Administration (EIA), point toward an oversupply scenario in 2024.

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India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments

The report highlights a continued expansion in RE installed capacity. From January to September 2024, the country added 17,444 MW of solar and 2,626 MW of wind capacity, reaching a cumulative RE capacity of 201.46 GW. In September alone, about 1,501 MW of combined solar and wind capacity was added.

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Sunday, November 3, 2024

Telangana govt to come up with new energy policy soon, says Deputy CM

The Deputy CM along with Ministers Uttam Kumar Reddy, Komatireddy Venkat Reddy visited the Yadadri Thermal Power Plant. They flagged off the train to transport coal from Ramagundam to Yadadri Thermal Power Station, an official release said.

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Gensol wins ₹780 cr contract for 150 MW solar project in Maharashtra

This comprehensive contract includes responsibilities from land acquisition to the final commissioning of the plant. Gensol’s scope of work encompasses design, engineering, procurement, logistics, and the intricate stages of manufacturing and supply.

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Friday, November 1, 2024

Oil prices settle up slightly on Iran worries, but prices down for week

Brent futures were up 29 cents, or 0.4 Percent , to settle at $73.10 a barrel. U.S. West Texas Intermediate (WTI) crude gained 23 cents, or 0.3 Percent , to settle at $69.49. At their session highs, both benchmarks were up over $2 a barrel.

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Andhra Pradesh govt to set up renewable energy zones to promote green energy power plants

The govt issued detailed guidelines for Integrated Clean Energy Policy (ICEP) to boost investment inflow into the state.

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