16-Jul-2022
V K Singh takes charge as Director (Technical) of REC Limited
New Delhi : V K Singh has taken charge as Director (Technical) of REC Limited with effect from 12th July, 2022. Before this elevation V K Singh had been Executive Director in REC holding portfolio of key business areas including Private Sector Project Management, Entity Appraisal and Procurement and is also a Director on the Board of REC Power Development and Consultancy Limited. : Sarkaritel.com
EESL & BEE hosted first workshop for Demonstration Of Energy Efficiency Project
New Delhi : Energy Efficiency Services Limited (EESL) and the Bureau of Energy Efficiency (BEE) hosted the first workshop for the Demonstration of Energy Efficiency Project (DEEP) on July 13, 2022. : psuconnect.in
NTPC co-fires 77,000 tonne biomass at 14 thermal power plants: company official
New Delhi : State-owned power giant NTPC has co-fired 77,000 tonnes of biomass till date at 14 of its thermal power plants across the country, a company official said on Thursday. : Economic Times
Tata Power to skill 3,000 youths to work in renewable energy sector
New Delhi : Tata Power on Friday said it will give training to 3,000 youths this fiscal in the field of renewable industry. The company aims to train a total of 5,000 youths by 2025 to work in the sector, Tata Power said in a statement. : Business Standard
NHPC signs MoU to develop pilot green hydrogen projects
New Delhi : NHPC, the state-owned hydropower giant, on Friday said it has signed two memorandum of understanding (MoUs) for the development of pilot green hydrogen technologies to reduce the carbon footprint in the power sector in Leh and Kargil districts of UT of Ladakh. : Economic Times
Statkraft Backs Solar Park with 5- year PPA
New Delhi : Statkraft Backs Solar Park with 5- year PPA. : saurenergy.com
Corporate Funding for Solar Sector Globally Hits the $12 Billion Mark in 1H 2022
New Delhi : Corporate Funding for Solar Sector Globally Hits the $12 Billion Mark in 1H 2022. : mercomindia.com
Commissioning Date Extended for a 300 MW Solar Project on the Grounds of ‘Force Majeure
New Delhi : Commissioning Date Extended for a 300 MW Solar Project on the Grounds of ‘Force Majeure. : mercomindia.com
Tata Power Skill Development Institute transforming youth skills to power up India’s green energy transition
New Delhi : India is making significant strides toward achieving its clean energy goals and creating a 500 GW renewable energy portfolio by 2030. : indiacsr.in
Power Minister R.K Singh attends first ever Quad Energy Ministers meeting in Sydney
New Delhi : Union Minister of Power and New & Renewable Energy Shri R K Singh addressed the Sydney Energy Forum on – ‘Decarbonization, Energy Security and the Scale and Pace of the Transition’ on July 13, 2022. : Sarkaritel.com
REC For Selling PFC Stake In Co To PGCIL
New Delhi : The government should think about selling Power Finance Corporation’s interest in the company to Power Grid Corp. of India, according to the state-run REC Ltd. : khabarindia.in
Corporate funding in global solar sector falls 11 per cent to $12 bn: Mercom Capital
New Delhi : The corporate funding in the global solar sector has declined by 11 per cent year-on-year to $12 billion in January-June 2022, a Mercom Capital report released on Friday said. : Economic Times
Godrej & Boyce aims 30 per cent annual growth rate for renewable energy portfolio
New Delhi : Godrej & Boyce, the industrial equipment maker, has set a 30 per cent compound annual growth rate (CAGR) target for the renewable energy portfolio for the following three years, Raghavendra A Mirji, company’s senior vice-president and business head, electricals and electronics division, told ETEnergyWorld. : Economic Times
Biden administration unveils new funding for domestic solar manufacturing
New Delhi : The Biden administration on Thursday said it would pour $56 million into programs aimed at spurring domestic manufacturing of solar energy products as the US seeks to move its clean energy sector away from a dependence on Chinese-made goods. : Economic Times
Netherlands seeks space for solar power
New Delhi : Everyone is happy on Piet Albers’s farm. His raspberry canes flourish under a shady umbrella of solar panels and in turn energy firm BayWa supplies clean power to 1,200 homes. : Economic Times
BRICS nation recognise promotion of green jobs
New Delhi : BRICS Labour & Employment Ministers’ Declaration has recognised the need for promoting green jobs, the labour ministry said on Thursday. : Economic Times
REC Group gets EU grant for solar factory in France
New Delhi : REC Group gets EU grant for solar factory in France. : saurenergy.com
C&I Customers Moving Toward Solar to Meet their Power Demands
New Delhi : C&I Customers Moving Toward Solar to Meet their Power Demands. : mercomindia.com
Bids Invited for the Supply of 1.845 Million Polycrystalline Solar Cells
New Delhi : Bids Invited for the Supply of 1.845 Million Polycrystalline Solar Cells. : mercomindia.com
Syngene to Procure Power from Ampyr’s 50 MW Open Access Solar Project in Karnataka
New Delhi : Syngene to Procure Power from Ampyr’s 50 MW Open Access Solar Project in Karnataka. : mercomindia.com
Ukraine-related energy crisis in Europe is an opportunity for green energy players in India: Wheels India MD
New Delhi : The Ukraine crisis and the resultant energy shortage in Europe will throw open an opportunity for Indian suppliers in the green energy segment. According to S Ram, chairman Wheels India, this will improve prospects for the global windmill industry where Wheels India supplies parts. : Economic Times
Schneider Electric inks pact with GMR for manufacturing facility near airport
Hyderabad : GMR Hyderabad International Airport Ltd (GHIAL)’s wholly-owned subsidiary GMR Hyderabad Aviation SEZ Ltd (GHASL) has entered into an agreement with French energy management and automation solutions provider Schneider Electric for a manufacturing facility spread over 18 acres at the GMR Industrial Park in Hyderabad. : Economic Times
Shinde-Fadnavis turn focus on governance, push for solar to power ailing farm sector
New Delhi : The senior BJP leader and Deputy Chief Minister, Devendra Fadnavis, said, “Due to erratic power supply farmers in several rural areas are forced to take to fields late night. It goes against nature and causes a lot of hardship to farmers.” : Indian Express
IIT-Bombay prof on 11-year ‘energy swaraj yatra’ aboard solar-run bus
New Delhi : Chetan Solanki, a professor at IIT Bombay has been on an ‘energy swaraj yatra’ since 2020 on a bus designed by him to sustain an 11-year mission that he intends to spend entirely in the vehicle powered by solar energy from the solar PV panels on its roof. : Economic Times
Centre set to abolish reverse auction bidding in wind energy sector
New Delhi : Five years after it was introduced, the Centre is set to abolish reverse auction bidding in the wind energy sector, citing that the industry has long demanded for such a move. Since 2017, the growth of wind energy in the country fell to nil compared to a double-digit growth every year during the last decade. : Business Standard
JSW Neo Energy Receives LoA for 300 MW Wind Project from SECI
New Delhi : JSW Neo Energy Receives LoA for 300 MW Wind Project from SECI. : mercomindia.com
Oil and Gas
T. Peethambaran, ED (IS & Digital Business) BPCL speaks at WeConnect
New Delhi : T. Peethambaran, Executive Director (IS & Digital Business) of Bharat Petroleum Corporation Limited attended the annual event “WeConnect” organised by Tata Communications. Peethambaran was the panel speaker at WeConnect. : psuconnect.in
Petrol, diesel prices today: Check latest fuel rates in major cities
New Delhi : The Oil marketing companies(OMCs) on Friday, July 15 released new petrol and diesel rates. Notably, Maharashtra Chief Minister Eknath Shinde on Thursday announced that the state government will reduce value added tax (VAT) on petrol and diesel by ₹5 and ₹3 per litre respectively. : Mint
NGT imposes Rs 5 crore green compensation on 5 oil companies
Hyderabad : Thanks to a woman farmer’s relentless fight, the National Green Tribunal on Wednesday ordered five edible oil refinery units, including Ahmedabad-based Adani Wilmar Ltd, operating at Pantapalem in Nellore’s Muthukur mandal to pay environmental compensation of Rs 5 crore. : Economic Times
India CSR: Bharat Petroleum Launches Mobile Health Clinic for Labourers
New Delhi : Bandhu Mobile Health Clinic on Wheels for guest labourers (Inter-state migrants) donated and supported by Bharat Petroleum Corporation Limited was launched on 12 July 2022. : indiacsr.in
Shell wants to share more of its blockbuster profits, CEO says
New Delhi : Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy, the chief executive said on Thursday. : Economic Times
Petrol, diesel 3Ws needed due to patchy CNG coverage: Piaggio CMD
Pune : The CMD of the automaker Piaggio India, Diego Graffi, said in an interaction with TOI that while the firm is heavily invested in clean mobility, such as EVs and CNG-powered vehicles, it will keep petrol and diesel variants for the Indian market, due to a web of factors, such as CNG availability and range issues. : Economic Times
Europe could face energy rationing, Shell CEO warns
New Delhi : European consumers could face the prospect of energy rationing this winter as costs continue to soar amid the risk of Russia cutting off gas supplies, Shells chief executive has said, the media reported. : Economic Times
US oil mergers drop to $12 billion as volatility limits deals
New York : US oil and gas dealmaking fell to $12 billion last quarter, down from the first quarter and nearly a third of the $34.8 billion in the same period a year ago, as commodity price volatility left buyers and sellers clashing over asset values, according to data released by energy analytics firm Enverus on Thursday. : Economic Times
1st phase of PNG project will be completed by Dasara: Mysuru MP Prathap Simha
Mysore : Mysuru MP Prathap Simha on Thursday announced that Phase I of the piped gas project in the city will be completed by Dasara and it will be a festival gift for the city. : Economic Times
Oil prices climb amid questions over scale of US rate hike
New Delhi : Oil prices rose in early Asian trading on Friday amid uncertainty around how aggressive the US Federal Reserve will be in hiking interest rates to combat rampant inflation. : Economic Times
Uzbekistan, Turkmenistan discuss expanding energy cooperation
New Delhi : Uzbekistan President Shavkat Mirziyoyev and visiting Turkmenistan President Serdar Berdimuhamedov held talks to discuss expanding cooperation, especially in the energy sector, between the two neighbouring Central Asian countries, the Uzbek President’s press service said. : Economic Times
Saudi Arabia doubles Q2 Russian fuel oil imports for power generation
Moscow : Saudi Arabia, the world’s largest oil exporter, more than doubled the amount of Russian fuel oil it imported in the second quarter to feed power stations to meet summer cooling demand and free up the kingdom’s own crude for export, data showed and traders said. : Economic Times
Indonesia set to miss 2022 oil and gas lifting targets, regulator says
Jakarta : Indonesia’s oil and gas lifting in the first half was below expectations due to disruption in some facilities and delayed projects, putting it on course to miss full-year 2022 targets, officials at upstream regulator SKK Migas said on Friday. : Economic Times
Oil rises on prospects of less aggressive US rate hike
Singapore : Oil prices rose on Friday amid prospects of a less aggressive US rate hike, although worries about a recovery in demand capped gains. : Economic Times
Russia warns that G7 attempt to cap oil price risks higher prices
Moscow : Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that attempts by the Group of Seven to cap oil prices may in fact cause them to rise. : Economic Times
Czechs to get capacity boost through TAL oil pipeline
New Delhi : The Czech Republic will be able to raise daily capacity for crude oil deliveries coming via the TAL pipeline, Prime Minister Petr Fiala said on Thursday after the country got clearance from German authorities. : Economic Times
Diesel autos to be phased out in NCR by end of 2026: CAQM policy
New Delhi : Diesel-run auto rickshaws will have to be phased out in the entire national capital region (NCR) by December 31, 2026, according to a new policy formulated by the Commission for Air Quality Management (CAQM) to curb air pollution in Delhi-NCR. : Economic Times
Hilcorp, Exxon and Conoco top greenhouse gas emitters, environmental groups say
New Delhi : Hilcorp Energy Co., Exxon Mobil Corp., ConocoPhillips and Occidental Petroleum Corp., are the U.S. oil-and-gas industry’s top emitters of planet-warming greenhouse gases, according to a new report based on federal data. : Mint
Crude ticks higher, still below $100/bbl
New Delhi : Crude oil prices rose marginally on Friday but below the $100 a barrel mark amid prospects of less aggressive rate hike by the US Federal Reserve. Demand concerns, however, capped gains. : Mint
NHPC signs MoU to develop pilot green hydrogen projects
New Delhi : NHPC, the state-owned hydropower giant, on Friday said it has signed two memorandum of understanding (MoUs) for the development of pilot green hydrogen technologies to reduce the carbon footprint in the power sector in Leh and Kargil districts of UT of Ladakh. : Economic Times
NRL procured over 4000 cr worth goods through GeM till May 2022
New Delhi : Government E-Marketplace (GeM) has transformed the public procurement process by creating a simplified portal for the purchase of an exhaustive list of products & services. The items have detailed specification, standards and catalogues with a provision to select the parameters as per actual requirements. : psuconnect.in
Petrol gets cheaper by Rs 5, diesel Rs 3 as Maharashtra government cuts cess
Mumbai : The state government on Thursday announced reduction in cess on petrol and diesel by Rs 5 and Rs 3 per litre respectively. The cut, made in a component of VAT, will come into effect from Thursday midnight. With this, petrol will cost Rs 106.31 per litre in the city and diesel Rs 94.27. : Economic Times
India needs USD 15 bn funding to set up 15 GW hydrogen capacity by 2030:V K Saraswat
New Delhi : India will need a funding of USD 15 billion to set up 15 GW (gigawatt) of green hydrogen capacity by 2030, NITI Aayog Member V K Saraswat said on Thursday. He was speaking at a conference ‘India@2030: A Roadmap for Aatmanirbhar Bharat in Renewable Energy’ organised by CII here, a statement said. : Economic Times
Phinergy, Indian Oil JV to pilot 50-seater e-bus with 500km range using Aluminium-air batteries
New Delhi : The electrification for commercial vehicles travelling long-distance may have begin on a very slow start globally given the huge challenges of the size of batteries, charging infrastructure and long charging time among others : Financial Express
