India’s largest Floating Solar Plant commissioned at NTPC Ramagundam
New Delhi : The final part capacity of 20 MW out of 100 MW Ramagundam Floating Solar PV Project at Ramagundam, Telangana was declared Commercial Operation with effect from 00:00 hours of July 01, 2022. With this, the 100 MW Floating Solar Power Project is fully operational and is now the Largest in the segment in the country. : Sarkaritel.com
NTPC’s 100 MW floating solar project in Telangana becomes fully operational
New Delhi : NTPC on Friday said its 100 megawatt (MW)floating solar photovoltaic project in Telangana has become fully operational. : Economic Times
Coal India registers record 160 MT output in Apr-Jun this fiscal
New Delhi : State-owned Coal India on Friday said its coal production increased 29 per cent year-on-year to a record 159.8 million tonne (MT) in April-June this fiscal. It had produced 124 MT coal in the year-ago period, Coal India Limited (CIL) said in a statement. : Economic Times
CERC extends price cap on power exchanges till September 30
New Delhi : The Central Electricity Regulatory Commission (CERC) has extended Rs 12 per unit price ceiling in all market segments of power exchanges by three months. The earlier order lowering the price cap from Rs 20 was in force till Thursday. : Economic Times
NTPC commissions India’s largest floating solar power project
New Delhi : NTPC NSE -1.57 % announced on Friday that its 100 megawatt (MW) floating solar photovoltaic plant in Telangana is now fully operational. : Economic Times
Coal India registers record 160 MT output in April-June this fiscal
New Delhi : State-owned Coal India on Friday said its coal production increased 29 per cent year-on-year to a record 159.8 million tonne (MT) in April-June this fiscal. : Business Standard
NTPC Pakri Barwadih Coal Mining Project set a new record; dispatched 278 Coal Rake
New Delhi : NTPC Pakri Barwadih Coal Mining Project (PBCMP) has set a new record by dispatching 278 Coal Rake, which is 9,63,935 MT of Coal, (highest in any month) to various Power Plants of NTPC in June 2022. : psuconnect.in
Coal India plans to take all eight subsidiaries public
New Delhi : Coal India Ltd is looking at taking all its eight subsidiaries public as prices of the fossil fuel soared after power demand rebounded from the pandemic, a government official aware of the development said. : Mint
Coal India produced 160 MT coal in Q1 FY22-23
New Delhi : India’s Largest Coal Producer of the India, Coal India Limited registers a 29 percent coal production increase at 159.8 Million Tonnes in April-June 2022. According to the CIL statement, it had produced 124 MT coal in the year-ago period. : psuconnect.in
Shell, Philippine partner to build 1 GW renewable energy capacity
New Delhi : Shell Overseas Investments B.V., a unit of Shell plc has signed an agreement with the Philippines’ Emerging Power Inc for an initial 1 gigawatt renewable energy project tapping solar, the companies said on Friday. : Economic Times
Indian EV makers hail industry-wide GST rate cut
New Delhi : Electric vehicle (EV) manufacturers on Friday hailed the GST Council’s decision that EVs with or without battery pack will now be taxed at 5 per cent. : Economic Times
Opinion: Meeting the clean energy deficit
New Delhi : Energy is the fuel for all activities, without it life would essentially come to a halt for all. Literally, lack of availability of enough energy for such use is referred to as energy deficit. With the pressing climate change issues and the need for sustainable development. : Economic Times
Electric vehicle policy soon in Punjab: Laljit Singh Bhullar
Chandigarh : Punjab transport minister Laljit Singh Bhullar informed the House on Thursday that the draft electric vehicle policy of the state has been sent to different departments for inputs and will be finalised soon. : Economic Times
Punjab households to get 300 units of free electricity from today:CM Bhagwant Mann
Chandigarh : Punjab Chief Minister Bhagwant Mann said his government is fulfilling a “guarantee” made to people of the state as from Friday each household will be getting 300 units of free electricity every month. The AAP government had earlier announced giving 300 units of free power to every household from July 1. : Economic Times
Ukraine begins exporting electricity to Europe
New Delhi : Ukraine has began exporting electricity to Europe, Ukrainian Prime Minister Denys Shmyhal said. : Economic Times
Freight rates eases as transport operators pass on excise duty cut on fuel: Crisil
Mumbai : Freight rates across the country eased in June after transport operators passed on the benefits of excise duty cut on fuel even though various sectors saw a decline in fleet utilisation during the month, a Crisil report said on Thursday. : Economic Times
WPD, Australis Energy Collaborate For 1.4 GW Offshore Wind Farms In Australia
New Delhi : WPD, Australis Energy Collaborate For 1.4 GW Offshore Wind Farms In Australia. : saurenergy.com
ABB & Microsoft Tech. Are Coming Together for Making Society Energy Efficient
New Delhi : ABB & Microsoft Tech. Are Coming Together for Making Society Energy Efficient. : saurenergy.com
Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges
New Delhi : Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges. : saurenergy.com
Clean Capital Acquires 100% Stake in BQ Energy
New Delhi : Clean Capital Acquires 100% Stake in BQ Energy. : saurenergy.com
Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration
New Delhi : Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration. : saurenergy.com
Bids Invited for 54 MW of Solar Projects Under KUSUM Program in Gujarat
New Delhi : Bids Invited for 54 MW of Solar Projects Under KUSUM Program in Gujarat. : mercomindia.com
Websol Energy to Set Up a 1.8 GW Solar Cell and Module Manufacturing Plant
New Delhi : Websol Energy to Set Up a 1.8 GW Solar Cell and Module Manufacturing Plant. : mercomindia.com
Skyfri Group To Operate Assets Of Largest Floating Solar Project In Kerala
New Delhi : Skyfri Group To Operate Assets Of Largest Floating Solar Project In Kerala. : saurenergy.com
Portugal’s EDP betting on floating solar farms in Southeast Asia
New Delhi : Portugal’s main utility EDP will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of the 16 gigawatts of photovoltaic power the region is expected to install on rivers and seas by 2030. : Economic Times
US to add 6 GW offshore wind capacity through 2029: EIA
New Delhi : Power plant developers and operators plan to install more than 6 gigawatts of offshore wind capacity at sites mostly along the US eastern seaboard over the next seven years, the US Energy Information Administration (EIA) said in a report on thursday. : Economic Times
TN power utility for refuelling at Kudankulam nuclear power plant in July instead of March
Chennai : The Tamil Nadu Generation and Distribution Company (Tangedco) wants the refuelling at Kudankulam Nuclear Power Plant (KKNPP) to take place in July instead of March. : Economic Times
India said close to finalizing nationwide battery-swap details
New Delhi : India plans to release final details of a nationwide battery-swapping policy for electric two- and three-wheelers later this month, according to a person familiar with the matter and a document seen by Bloomberg News. : Economic Times
India’s power consumption grows 17.2 pc to 134.13 bn units in June
New Delhi : Power consumption in the country grew by 17.2 per cent year-on-year to 134.13 billion units (BU) in June, amid severe heat and spurt in economic activities. Power consumption in June last year was recorded at 114.48 BU, which was higher than 105.08 BU in the same month of 2020, according to power ministry data. : Economic Times
Supreme Court decision may slow transition to cleaner energy
New York : The Supreme Court ruling limiting the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants could have far-reaching consequences for the energy sector – and make it harder for the Biden administration to meet its goal of having the U.S. power grid run on clean energy by 2035. : Economic Times
India’s largest floating 100-MW solar power project now fully operational in Telangana
New Delhi : The country’s largest floating solar power project has become fully operational, just as NTPC declared commercial operation of the final part capacity of 20 MW out of 100 MW Ramagundam Floating Solar PV Project at Ramagundam, Telangana with effect from July 1. : Mint
Nuclear power can help countries secure energy transitions: IEA reports
New Delhi : The International Energy Agency (IEA) has outlined that nuclear power can help countries in securing energy transitions. In its report titled “Nuclear Power and Secure Energy Transitions: From Today’s Challenges to Tomorrow’s Clean Energy Systems. : Business Standard
India’s power consumption grows 17.2% to 134.13 billion units in June
New Delhi : Power consumption in the country grew by 17.2 per cent year-on-year to 134.13 billion units (BU) in June, amid severe heat and spurt in economic activities. : Business Standard
MDL, CMD launched Fuel Cell Electric Vessel
New Delhi : VAdm Narayan Prasad (IN Retd.), Chairman and Managing Director, Mazagon Dock Shipbuilders Limited (MDL) successfully launched Fuel Cell Electric Vessel prototype, FCEV MDL on 01 July 2022. : psuconnect.in
DWO, EWP Partner To Develop 4GW Offshore Wind In South Korea
New Delhi : DWO, EWP Partner To Develop 4GW Offshore Wind In South Korea. : saurenergy.com
2021 Best Year Ever With 21.1 GW Expansion For Offshore Wind, Says GWEC
New Delhi : 2021 Best Year Ever With 21.1 GW Expansion For Offshore Wind, Says GWEC. : saurenergy.com
RUMSL Issues LOAs For 600 MW Omkareshwar Floating Solar Project
New Delhi : RUMSL Issues LOAs For 600 MW Omkareshwar Floating Solar Project. : saurenergy.com
CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy
New Delhi : CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy. : saurenergy.com
Irish Study Says Rooftop Solar Panels Can Produce 1/4 th Of Total Electricity Needed
New Delhi : Irish Study Says Rooftop Solar Panels Can Produce 1/4 th Of Total Electricity Needed. : saurenergy.com
CERC Allows ACME Petition To Qualify Entry Tax As Change In Law
New Delhi : CERC Allows ACME Petition To Qualify Entry Tax As Change In Law. : saurenergy.com
MNRE Approves 61 Solar Parks Totaling 40 GW Amidst Land Acquisition Challenges
New Delhi : MNRE Approves 61 Solar Parks Totaling 40 GW Amidst Land Acquisition Challenges. : mercomindia.com
Bangalore Metro Invites Bids for 20 MW of Rooftop Solar Systems at its Stations and Depots
New Delhi : Bangalore Metro Invites Bids for 20 MW of Rooftop Solar Systems at its Stations and Depots. : mercomindia.com
Daily News Wrap-Up: GST Rates for Solar Water Heaters and Systems Hiked to 12%
New Delhi : Daily News Wrap-Up: GST Rates for Solar Water Heaters and Systems Hiked to 12%. : mercomindia.com
Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification
New Delhi : Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification. : mercomindia.com
Lamborghini to invest at least 1.8 bln euros in path towards electrification
New Delhi : Italian supercar brand Lamborghini plans to invest at least 1.8 billion euros ($1.88 billion) to produce a hybrid lineup by 2024 and more to bring out its fully electric model by the end of the decade, Chief Executive Stephan Winkelmann told Il Sole 24 Ore. : Economic Times
New York officials rule against bitcoin-mining power plant
New York : New York officials denied required air permit renewals Thursday to a bitcoin-mining power plant on the grounds that it was a threat to the state’s climate goals. : Economic Times
Siemens writedown for Siemens Energy to hit Q3 net profit by 2.8 bln euros
Frankfurt : Siemens said on Thursday it was booking a writedown that will result in a 2.8 billion euro ($2.93 billion) impact on the German engineering company’s third quarter net income. : Economic Times
MNRE to help in setting up of offshore wind turbines in TN
Chennai : In a move to promote renewable energy and to cater to the country’s growing power demand, the Ministry of New and Renewable Energy (MNRE) will act as a facilitator to install offshore wind turbines in Tamil Nadu, officials said. : Economic Times
India imposes windfall tax on oil producers. What it means?
New Delhi : The government has announced taxes on windfall gains made by crude oil producers. The government slapped a ₹23,230 per tonne additional tax on domestically produced crude oil to take away windfall gains accruing to producers from high international oil prices. : Mint
” New Delhi : Oil and Natural Gas Corporation Limited (ONGC) CMD and Director (HR) Dr Alka Mittal was conferred with the ‘Inspiring CEO of India’Award from the Union Minister of State for the Ministry of Petroleum and Natural Gas and the Ministry of Labour and Employment RameswarTeli.” :
Sarkaritel.com
” New Delhi : GAIL’s “Hawa Badlo” initiative won ET Brand Equity Shark Award ’22 for persistent Social Awareness Campaigns against Air Pollution for a better environment. S. Halder, ED (Corporate Communications), GAIL received the award along with Corporate Communications Team of GAIL.” :
Sarkaritel.com
GAIL’s Hawa Badlo initiative won Brand Equity Shark Awards
New Delhi : GAIL’s “Hawa Badlo” initiative won ET Brand Equity Shark Awards ’22 for persistent Social Awareness Campaigns against Air Pollution for a better environment. Mr. S.Halder, ED (Corp. Comm.) received the award along with Corporate Communications Team. : psuconnect.in
Harish Madhav, Director (Fin) OIL, took over additional charge of CMD OIL
New Delhi : Shri Harish Madhav, Director (Finance), Oil India Limited, took over the additional charge of Chairman & Managing Director, OIL from today. : psuconnect.in
ONGC CMD conferred with ‘Inspiring CEO of India’ Award at ET CEO Conclave 2022
New Delhi : Oil and Natural Gas Corporation Limited (ONGC) CMD and Director (HR) Dr Alka Mittal was conferred with the ‘Inspiring CEO of India’ Award from the Hon’ble Union Minister of State for the Ministry of Petroleum and Natural Gas and the Ministry of Labour and Employment Rameswar Teli. : psuconnect.in
Pankaj Jain, Secretary Petroleum Ministry launched Swachhta Pakhwada in BPCL
Mumbai : Shri Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas, Government of India, launched the Swachhta Pakhwada in BPCL, and distributed hygiene kits to the housekeeping staff at BPCL Corporate office, Mumbai. : psuconnect.in
ONGC hosted 60th HR Summit for Oil and Gas PSUs
New Delhi : Oil and Natural Gas Corporation hosted the 60th HR Summit for Oil and Gas PSUs from during 24-25 June 2022 in Mussoorie, Uttarakhand. The diamond jubilee commemoration of the Industry HR Summit aimed to discuss topical HR issues and share the best practices. : psuconnect.in
RIL, ONGC shares crash after govt hikes export tax on petrol, diesel
New Delhi : The government on Friday announced an increase in taxes on the export of petrol, diesel, and aviation turbine fuel (ATF). The centre has also mandated exporters to meet the requirements of the domestic market first. : Mint
Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil
New Delhi : The government on Friday raised export duty on diesel by Rs 13/litre and that on petrol by Rs 6/litre. The government also imposed a cess of Rs 6 per litre on exports of ATF. : Economic Times
Duty Hike: State-run OMCs optimistic of increased fuel supply
New Delhi : State-run oil marketing firms expect fuel supply to normalise in the country and long queues at their outlets to reduce, after the government on Friday slapped export duty on petrol, diesel, and aviation turbine fuel which may act as a deterrent for private refiners to export. : Economic Times
Govt slaps windfall tax on domestic crude, additional excise duty on fuel export
Bengaluru : The union government on Friday imposed a windfall tax on crude oil produced locally and also levied additional excise duty on exports of petrol, diesel and aviation turbine fuel (ATF) to temper domestic fuel retail prices and ensure availability. : Mint
Oil prices fall on recession fears, on track for third weekly loss
New Delhi : Oil prices fell on Friday, extending the previous day’s plunge, as lingering fears of a recession weighed on sentiment, putting the benchmarks on track for their third straight weekly losses. : Business Standard
Russia seizes control of Sakhalin 2 oil and gas project, says report
New Delhi : Russian President Vladimir Putin signed a decree to transfer rights to the Sakhalin 2 oil and gas project to a new Russian company, Japanese public broadcaster NHK reported. : Business Standard
India Hydrogen Alliance Seeks $360 Million from Government to Deploy 25 Green Hubs
New Delhi : India Hydrogen Alliance Seeks $360 Million from Government to Deploy 25 Green Hubs. : mercomindia.com
Petrol, diesel prices today: Fuel rates remain steady in major cities. Check latest fuel rates here
New Delhi : Petrol and diesel prices have remained steady for over a month on Friday, July 1, 2022, as the oil marketing companies (OMC) kept the costs unchanged for petrol and diesel. : Mint
Fossil fuels surpass renewables as EU’s top power source: Eurostat
New Delhi : Fossil fuels have surpassed renewables to become the European Union’s largest source of power generation as use of natural gas reached its highest point in a decade, the bloc’s statistics office said on Thursday. : Economic Times
Govt to review new taxes levied on crude, diesel, ATF every fortnight: FM
New Delhi : Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the new taxes levied on crude, diesel and ATF based on international prices. She said these are “extraordinary times” and oil prices are internationally unbridled. : Economic Times
Germany sees possible Russian ”blockade” of key gas pipeline
Berlin, Germany : Germany’s vice chancellor on Thursday said he suspects that Russia may not resume natural gas deliveries to Europe through the Nord Stream 1 pipeline after planned maintenance work in July, complicating the outlook for this winter. : Economic Times
US Supreme Court limits federal power to curb carbon emissions
Washington : The US Supreme Court on Thursday imposed limits on the federal government’s authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling that will undermine President Joe Biden’s plans to tackle climate change. : Economic Times
Japan warns on ‘interests’ after Russia gas project decree
Tokyo, Japan : Japan’s energy “interests must not be undermined”, Tokyo said Friday, after Moscow issued a decree transferring operations of a key oil and gas project to a new Russian company. : Economic Times
Canada sees Repsol LNG as fastest way to boost gas supply to Europe
New Delhi : Canada’s East Coast has only enough natural gas supply to accommodate one new liquefied natural gas (LNG) export facility, and the project that would boost shipments to Europe the fastest is Repsol’s, Canada’s environment minister told Reuters. : Economic Times
OPEC+ oil boost likely not much help to high gasoline prices
New York : The OPEC oil cartel and allied producing nations decided on Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fuelled inflation plaguing the global economy. : Economic Times
US produces more oil than Russia — but this energy crisis shows fossil fuels’ ecological, political costs: James D. Hamilton
New Delhi : James D. Hamilton teaches economics at the University of California at San Diego. Speaking to Srijana Mitra Das, he discusses the factors driving the ongoing energy crisis — and ways to plan ahead. : Economic Times
India imposes export duties for oil products and a windfall tax on oil producers
New Delhi : India introduced export duties for gasoil, gasoline and jet fuel on Friday to help boost domestic supplies, while also imposing a windfall tax on oil producers that have benefitted from higher global crude oil prices. : Economic Times
Price of 19 kg commercial LPG cylinder cut by Rs 198 in Delhi from today
New Delhi : The price of a commercial LPG cylinder has been cut by Rs 198 from today. With the latest reduction, a 19-kg commercial Liquefied petroleum gas (LPG) cylinder in Delhi will now cost Rs 2021. : Economic Times
JPMorgan sees ‘stratospheric’ $380 oil on worst-case Russian cut
New Delhi : Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned. : Economic Times
Centre to review new taxes on crude oil, auto fuel every fortnight: Tarun Bajaj
New Delhi : The government will review the windfall tax on petroleum and the duty on auto fuel export, that were imposed on Friday, every 15 days for recalibration, revenue secretary Tarun Bajaj told reporters here. : Economic Times
State-run energy cos yet to spot ways to monetize assets
New Delhi : State-run oil and gas companies are yet to finalize alternative asset monetization plans after shelving their earlier plan to monetize oil and gas pipelines, two officials familiar with the matter said. : Mint
LPG price July 1: Cooking gas cylinder becomes cheaper from today
New Delhi : The prices of cooking gas cylinders were reduced on Friday, July 1. The rates of Indane gas cylinders declined by ₹198 in the national capital Delhi on July 1. : Mint
Govt imposes restrictions on exports of fuel
New Delhi : elhi: The government has imposed export restrictions on petrol and diesel by directing exporters to supply a specified quantity in the domestic market, a move aimed at ensuring adequate availability within the country. According to a notification of the Directorate General of Foreign Trade (DGFT). : Economic Times
Shell pauses sale of Nigerian onshore oil assets
New Delhi : Shell said on Thursday it had suspended plans to sell its onshore oil assets in Nigeria, complying with a Supreme Court ruling that said it had to wait for the outcome of an appeal over a 2019 oil spill. : Economic Times
US raises $22 mln from Western oil and gas auctions
Washington : The United States on Thursday raised about $22 million from oil and gas auctions in seven Western states, with drillers passing on nearly half of the acreage offered. : Economic Times
Oil prices rise after falling 3 per cent in previous session
New Delhi : Oil prices edged up in early trade on Friday, after sinking in the previous session as OPEC+ said it would stick to its planned oil output hikes in August and investors worried about the strength of the global economy. : Economic Times
OPEC+ oil boost likely not much help to high gasoline prices
New York : The OPEC oil cartel and allied producing nations decided on Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fuelled inflation plaguing the global economy. : Economic Times
Cess will help boost local fuel supplies
New Delhi : The windfall tax imposed on crude oil produced in the country will prompt domestic oil producers to trim their margins while selling oil to refiners as they also have the option to use imported oil without the burden of cess, revenue secretary Tarun Bajaj said. : Mint
Govt slaps tax on petrol, diesel and ATF exports: No impact on domestic prices
New Delhi : To ease the domestic fuel supply crunch the government has decided to slap an export tax on petrol, diesel and jet fuel (ATF) shipped overseas by firms like Reliance Industries. : Mint
IH2A’s Green Hydrogen Hub Plan For India
New Delhi : IH2A’s Green Hydrogen Hub Plan For India. : saurenergy.com
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