Oil Ministry to ONGC: Give 60% control in Mumbai High, Bassein fields to foreign cos

Amar Nath, additional secretary in the Petroleum Ministry, wrote a 3-page letter to ONGC Chairman and Managing Director Subhash Kumar, saying productivity of the Mumbai High and Bassein & Satellite (B&S) offshore assets under state-owned firm was low.

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

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

"The increase in (solar) module prices and the recent hike in GST (good and services tax) rate for solar power equipment are likely to increase the tariffs in the forthcoming solar bids by 20-25 paise per unit from the levels seen over the past six months," the report stated.

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

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

"The increase in (solar) module prices and the recent hike in GST (good and services tax) rate for solar power equipment are likely to increase the tariffs in the forthcoming solar bids by 20-25 paise per unit from the levels seen over the past six months," the report stated.

from renewable/solar-tariff-to-go-up-by-20-to-25-paise - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3bw9GNP

NTPC places order for 9.3 lakh tonne biomass pellets

NTPC placed an order for 8,65,000 tonnes of biomass pellets, for which supply is already in progress. Further, NTPC has placed an additional order of 65,000 tonnes in October 2021. Another tranche of procurement by NTPC for 25 lakh tonnes is in progress, for which the vendors are invited to submit the offer by November 1.

from renewable/solar-tariff-to-go-up-by-20-to-25-paise - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3jX41VJ

Climate clash brews between Ambani & Adani: Just how clean can two billionaires really be?

India’s official position is that net zero emissions by 2050 is an unjust demand. Yet, the optimism of the tycoons from Gujarat offers a way out of the impasse. Betting on one or both to succeed, Prime Minister Modi might promise to do more for the climate, though real work for his team will start only after returning from Glasgow.

from renewable/solar-tariff-to-go-up-by-20-to-25-paise - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2ZDU2NY

Solar power can help state save Rs 12K cr in 15 years: Experts

The state agriculture department expressed its eagerness to shift the energy load of agricultural activities to renewable resources, particularly solar energy, after an expert committee projected an estimated savings of Rs 12,465 crore to the state exchequer in the next 15 years, if done so. The state government gives huge amounts of subsidy to farmers on power bills for their consumption in agricultural activities.

from renewable/solar-tariff-to-go-up-by-20-to-25-paise - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3BwmFtx

Power consumption rises 4.8% to 114.37 BU in October

During October, the peak power demand met or the highest supply in a day stood at 174.60 GW, higher than 169.89 GW in the same month last year.

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