Govt extends PM-KUSUM scheme till March 2026 as COVID affects implementation
New Delhi : The government has extended PM-KUSUM scheme till March 2026 as its implementation was significantly affected due to the p0andemic. : Economic Times
Power Min says 39 hydro projects under implementation; 9 stalled
New Delhi : As many as 39 hydro projects totalling 14,623.5 MW capacity are under implementation in the country while nine out of these are stalled, Parliament was informed on Thursday. : Economic Times
Greenko places India’s largest 140 MW electrolysers order on John Cockerill
New Delhi : Hyderabad-based Greenko Group on Thursday said it has signed an agreement with John Cockerill, a Belgium-based manufacturer of alkaline electrolysers, to supply of 28 units of 5 MW alkaline electrolysers for the green ammonia plant in Una, Himachal Pradesh. : Economic Times
Trina Solar publishes white paper on 210mm n-type i-TOPCon advanced technology, and upgraded Vertex N 605W/695W leads among utilities by high value
New Delhi : Trina Solar has published the Trina Solar 210mm Vertex N Product White Paper in January. The newly upgraded Ace Mix of Vertex n-type modules of 605W+695W with efficiency of 22.4% is setting the standard for power station modules in every respect, stepping up the industry’s acceleration into the n-type era. : Economic Times
Storage plants to help meet power demand in long run: RK Singh
New Delhi : Power minister RK Singh on Thursday said battery energy storage and pumped storage plants will help to meet power demand growth in the long run. : Economic Times
MoHUA signs MoU to develop waste-to-energy and bio-methanation projects in million plus cities
New Delhi : The Ministry of Housing and Urban Affairs signed a Memorandum of Understanding (MoU) with Engineers India Limited to develop Waste to Energy and bio-methanation projects in cities with a population of million plus as a part of furthering the ‘Green Growth’ agenda. : Mint
Govt to ask imported coal- based power plants to run at full capacity if needed
New Delhi : Union power minister R.K. Singh on Thursday said that the power supply across the country may not be disrupted this year although the power demand is expected to increase to record levels and if required the government will impose Section 11 of the Electricity Act and direct all imported-coal based (ICB) power plants to run at full capacity. : Mint
Affected by COVID pandemic, PM-KUSUM scheme gets 3-year extension till 2026
New Delhi : To boost the solar power installation in rural areas under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) PM-KUSUM scheme, the government has extended it till March 2026. : Mint
Subsidence-hit Joshimath area 15 km away from NTPC project: Power minister
New Delhi : Power Minister R K Singh on Thursday said the area of subsidence in Joshimath was 15 km upstream from the components of the Tapovan-Vishnugad hydropower project and there were no signs of sinking of ground around its tunnel alignment. : Business Standard
No power supply disruption due to high demand, will import coal: R K Singh
New Delhi : Power Minister RK Singh on Thursday exuded confidence that there will be no disruption in electricity supply due to high demand during summer, and he will not hesitate to import coal and mandate thermal plants to run at full capacity for the purpose. : Business Standard
Kalpataru Power Transmission receives orders worth Rs 2,456 crore
New Delhi : Kalpataru Power Transmission and its international subsidiaries have bagged new orders worth Rs 2,456 crore. : Business Standard
R.K. Singh briefs media of First Energy Transitions Working Group Meeting
New Delhi : R.K. Singh briefs media of First Energy Transitions Working Group Meeting. : psuconnect.in
China Seeks To Limit Technology Access For Solar Manufacturing, In Move Aimed at India
New Delhi : China Seeks To Limit Technology Access For Solar Manufacturing, In Move Aimed at India. : saurenergy.com
Greek Firm OET Seeks to Mass Produce Flexible Multicolour Solar Panels
New Delhi : Greek Firm OET Seeks to Mass Produce Flexible Multicolour Solar Panels. : saurenergy.com
Mazagon Shipbuilders Invites Bids to Maintain 1 MW of Rooftop Solar Systems
New Delhi : Mazagon Shipbuilders Invites Bids to Maintain 1 MW of Rooftop Solar Systems. : mercomindia.com
DISCOMs Owed ₹329 Billion to Power Generators as of January 2023
New Delhi : DISCOMs Owed ₹329 Billion to Power Generators as of January 2023. : mercomindia.com
Asia faces shortage of ships to install offshore mega wind farms
New Delhi : Asian nations counting on offshore wind farms to meet clean energy goals are facing an increasing shortage of ships for installing the massive turbines in the sea. : Economic Times
India on course to meet green energy targets: Experts
Nagpur : For the second consecutive year, the Union budget announced green measures to ensure India is on course to do its bit in reducing emissions by 2070. This has enthused climate experts. : Economic Times
Solar tech firm Nextracker aims to raise up to $534.9 mln in U.S. IPO
New Delhi : Solar technology firm Nextracker said on Wednesday it was aiming to raise up to $534.9 million in its U.S. initial public offering, at a time when investor interest in new listings has ebbed due to market volatility. : Economic Times
Budget 2023: The seven Saptarishis for green growth
New Delhi : Finance minister Nirmala Sitharaman in her budget speech referred to four transformational opportunities to achieve vision for India@100. ‘Green Growth’ is one of the key transformation areas expected to reduce carbon intensity, achieve energy transition, and provide large-scale job opportunities. : Economic Times
Energy Budget 2023: Solar power’s allocation rises by 48 per cent
New Delhi : The Union Budget for 2023-24 has provided for a Budgetary allocation of Rs 7,327 crore for the solar power sector including grid, off-grid, and PM-KUSUM projects. : Economic Times
Capex for energy transition to have multiplier effect on green sectors: Power players
New Delhi : The Rs 35,000-crore capex allocation for energy transition announced in the Union Budget will have multiplier effect in areas like green fuel, green energy, green farming, and green mobility, among others, power sector players said. : Economic Times
No power supply disruption due to high demand; will not hesitate to import coal: RK Singh
New Delhi : Power Minister RK Singh on Thursday exuded confidence that there will be no disruption in electricity supply due to high demand during summer, and he will not hesitate to import coal and mandate thermal plants to run at full capacity for the purpose. : Economic Times
Bangladesh seeks revision in 25-yr PPA with Adani Power
New Delhi : The Bangladesh Power Development Board (BPDB) has sought revision of its power purchase agreement with Adani Power for import of power from its Godda power plant in Jharkhand, said two people aware of the development. : Mint
No impact of Adani rout, India has 15 to 16 firms in renewables: R K Singh
New Delhi : Power and New & Renewable Energy Minister R K Singh on Thursday dismissed apprehensions about any impact of Adani group firms’ stock route on clean energy development, saying India has many such large companies in the sector. : Business Standard
Bangladesh wants revision of 2017 power purchase deal with Adani Power
New Delhi : Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. : Business Standard
Solar-Powered Milk Chillers with Storage Come to the Rescue of Camel Herders in Rajasthan
New Delhi : Solar-Powered Milk Chillers with Storage Come to the Rescue of Camel Herders in Rajasthan. : saurenergy.com
MNRE Extends BIS Certification Deadline for Solar Inverters Again to June 30
New Delhi : MNRE Extends BIS Certification Deadline for Solar Inverters Again to June 30. : mercomindia.com
Karnataka Regulator Directs DISCOMs to Honor Solar Developer’s GST Claims
New Delhi : Karnataka Regulator Directs DISCOMs to Honor Solar Developer’s GST Claims. : mercomindia.com
Siemens Gamesa’s Q1 Net Loss Widens to €884 Million on Higher Service Costs
New Delhi : Siemens Gamesa’s Q1 Net Loss Widens to €884 Million on Higher Service Costs. : mercomindia.com
Daily News Wrap-Up: Union Budget 2023 Focuses on Green Energy Transition
New Delhi : Daily News Wrap-Up: Union Budget 2023 Focuses on Green Energy Transition. : mercomindia.com
Month in a Minute: Top Headlines from Indian Renewable Sector in January 2023
New Delhi : Month in a Minute: Top Headlines from Indian Renewable Sector in January 2023. : mercomindia.com
ONGC’s CSR initiatives Bandicoot uplifts sanitation workers
New Delhi : ONGC’s CSR initiatives Bandicoot uplifts sanitation workers. : psuconnect.in
ONGC Director (Offshore) Pankaj Kumar met Baker House Chairman & CEO Lorenzo Simonelli
New Delhi : ONGC Director (Offshore) Pankaj Kumar met Baker House Chairman & CEO Lorenzo Simonelli. : psuconnect.in
Biden administration recommends major Alaska oil project
New Delhi : The Biden administration has released a long-awaited study that recommends allowing a major oil development on Alaska’s North Slope that supporters say could boost US energy security but that climate activists decry as a “carbon bomb.” : Economic Times
Indian state oil companies to spend $13 billion in fiscal 2024
New Delhi : Indian state-run oil companies will spend 1.06 trillion Indian rupees ($12.95 billion) in the next fiscal year from April, a growth of about 27% from the revised estimates of this year, budget document shows. : Economic Times
OPEC+ committee recommends to stay course on oil ouput cuts
New Delhi : A committee of major oil producers recommended Wednesday to maintain the cartel’s current reduced output strategy, as the global economic outlook remains uncertain and the war in Ukraine drags on. : Economic Times
Total CEO expected in Mozambique after gas project halted
New Delhi : The head of French energy giant TotalEnergies is expected this week to visit Mozambique, where a multi-billion-dollar gas project has been on hold since a 2021 jihadist attack, according to government sources. : Economic Times
Oil prices rise after US Fed hikes rates, weakening the dollar
New Delhi : Oil prices rose in early Asian trade on Thursday after the US Federal Reserve raised interest rates by 25 basis points, sending the dollar lower. : Economic Times
Capex for energy transition to have multiplier effect on green sectors: Power players
New Delhi : The Rs 35,000-crore capex allocation for energy transition announced in the Union Budget will have multiplier effect in areas like green fuel, green energy, green farming, and green mobility, among others, power sector players said. : Economic Times
Windfall tax to continue for now; collections likely at ₹25,000 cr this year
New Delhi : The seven-month-old windfall profit tax on domestically produced crude oil and export of fuel is likely to give about ₹25,000 crore in the current fiscal ending March 31 said top government officials. : Mint
Petrol, Diesel Prices Today: 2 February 2023 – Check the latest fuel rates in your city
New Delhi : Petrol, Diesel Price Today: Indian oil market companies kept the prices of fuel unchanged on Thursday, February 2, 2023. With this, the fuel rates have remained steady for about eight months now. : timesnownews
Shell annual profit hits record $42 billion as Ukraine invasion sent prices soaring
London : Shell net profit surged to a record $42.3 billion last year, the British energy giant said Thursday, as Russia’s invasion of Ukraine sent oil and gas prices soaring. : Economic Times
Crude oil prices retain bullish pulse in 2023 as fundamentals in top gear
New Delhi : After a tumultuous 2022, a period of calm is expected to wash over global crude prices in the coming months of the new year, keeping prices capped after Brent trade ratcheted over $130/b last year. : Economic Times
Cold weather hits India’s gasoline, gasoil sales in Jan
New Delhi : Sales of gasoline and gasoil by Indian state-run retailers declined in January from the previous month as cold weather in parts of the country hit the movement of personal and commercial vehicles, preliminary sales data showed. : Economic Times
Russian crude oil imports create another record in January
New Delhi : India imported a record volume of crude from Russia in January, or 28% of its total imports, little affected by the West’s price cap on Russian oil, as per energy cargo tracker Vortexa. : Economic Times
In the big-oil buyback splurge, Shell is especially generous
New Delhi : Oil-and-gas giants on both sides of the Atlantic are printing cash as energy prices stay higher for longer due to the war in Ukraine. : Mint
India’s 1st hydrogen train will come by Dec 2023 on heritage routes: Railway minister Ashwini Vaishnaw
New Delhi : Union Railway minister Ashwini Vaishnaw has said that the most-awaited hydrogen train will be manufactured by 2023. “First, it will run on heritage circuits like Kalka-Shimla and later it will be expanded to other places,” Vaishnaw said. : Mint
Windfall tax to continue for now; collections at Rs 25k cr this year: Govt
New Delhi : The seven-month-old windfall profit tax on domestically produced crude oil and export of fuel is likely to give about Rs 25,000 crore in the current fiscal ending March 31 and the levy will continue for now as international oil prices are up again, top government officials said. : Business Standard
Shell annual profit doubles to record high as war drives up energy costs
New Delhi : Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia’s invasion of Ukraine. : Business Standard
IAS, Navneet Mohan and Vinod Seshan reviewed progress of India Experience Center and BPCL Pavilion
New Delhi : IAS, Navneet Mohan and Vinod Seshan reviewed progress of India Experience Center and BPCL Pavilion. : psuconnect.in
Petrol, diesel prices remain unchanged for 257th day in Chennai
Chennai : In Chennai, the price of a litre of petrol and diesel has been constant over the last 256 days at Rs.102.63 and Rs. 94.24 respectively. For the 257th consecutive day, petrol and diesel prices still remain unchanged. : dtnext.in
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