21-Jun-2022

Power

CEA Invites Suggestions on Draft Manual on Transmission Planning Criteria

New Delhi : The Central Electricity Authority (CEA) is responsible for coordinating the activities of planning agencies as provided under Section 73(a) of the Electricity Act 2003. : psuconnect.in

Coal India plans foray into aluminium, solar

New Delhi : State-run Coal India Ltd is diversifying into aluminium production, solar power generation and coal gasification as it seeks to decarbonize its operations. : Mint

Germany sticks to 2030 coal exit target despite energy crisis

Berlin, Germany : Germany said Monday it still aimed to close its coal power plants by 2030 despite reverting to the fossil fuel following an energy crisis provoked by Russia’s invasion of Ukraine. : Economic Times

Short of Russian gas, Austria to reopen coal power station

Vienna : Austria’s government announced Sunday that it would reopen a mothballed coal power station because of power shortages arising from reduced deliveries of gas from Russia. : Economic Times

Maharashtra planning captive solar plants to run lift-irrigation schemes

Aurangabad : The state water resources department (WRD) is contemplating setting up captive solar plants to run different lift-irrigation schemes in Maharashtra. : Economic Times

Second batch of 40 electric buses to come next month in Chandigarh

Chandigarh : The city will get another fleet of 40 electric buses next month and the first prototype will reach here on Monday for a trial run. As per the transport department’s plan, these 40 buses will come in two phases: the first lot of 19 will reach by the second week of July and the remaining will take another week or two. : Economic Times

Minnagam mobile app on the anvil, says Electricity minister

Chennai : Electricity minister V Senthilbalaji on Sunday said that the Minnagam mobile phone application is being developed to make reporting grievances easier for Tangedco consumers. : Economic Times

300 e-buses to operate on 14 long-distance routes

Bengaluru : You could soon travel by electric buses on long-distance routes from Bengaluru to places such as Bidadi, Hoskote and Attibele. : Economic Times

Inox Green Energy Services files fresh draft papers with Sebi for Rs 740-cr IPO

New Delhi : Inox Green Energy Services, a subsidiary of Inox Wind, has filed fresh preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an Initial Public Offering (IPO). : Economic Times

Govt directs GENCOS to buy rakes for captive use to ensure smooth coal supply during monsoon

New Delhi : The government has directed the power generation companies (GENCOS) to buy rakes for captive usage, a move which will ensure smooth supplies of coal during the monsoon season. Each year during the monsoon season, the production of domestic coal also falls, Power Minister R K Singh told PTI. : Economic Times

RWE chief sees elevated power prices for 3-5 years

Berlin, Germany : It will take three to five years before power prices revert to lower levels, the chief executive of RWE, Germany’s largest power producer, has told the Sueddeutsche Zeitung. : Economic Times

Tesla, Elon Musk welcome to India but only as per govt policies: Heavy industries Minister

New Delhi : Elon Musk and Tesla are welcome to India but the government will not compromise in any way on the policy of Aatmanirbhar Bharat or self-reliant India, Union minister Mahendra Nath Pandey said on Saturday. : Economic Times

Domestic coal production up by 28 per cent

New Delhi : The Ministry of Coal on Sunday said that as of June 16, coal production by Coal India Ltd (CIL) is 28 per cent more than its production last year in the same period. The domestic coal production target for the current financial year is 911 MT which is 17.2 per cent more than the previous year. : Economic Times

Coal stock at more than 52 MT; enough for about 24 days’ requirement of power plants

New Delhi : The government on Sunday said that coal stock at various coal mines is more than 52 million tonnes (MT), which is sufficient for about 24 days’ of fuel required for power plants in the country. The statement came weeks after shortage of fuel crippled power generation at various power plants in the country. : Economic Times

INNOVATION: Israel to fund testing of 3 innovative energy technologies

New Delhi : The Israel Innovation Authority (IIA) and the Energy Ministry have announced support for testing three chosen innovative energy technologies developed by Israeli companies. : Economic Times

INNOVATION: Now, possible to charge Electric Vehicles like mobiles

New Delhi : Like diesel and petrol vehicles, now electric vehicles will also be able to cover long distances, thanks to the invention of two students of Meerut Institute of Engineering and Technology (MIET). : Economic Times

BSES to install 5 million smart meters in Delhi with ₹4,000 crore outlay

New Delhi : BSES Rajdhani Power Limited and BSES Yamuna Power Limited will install 5 million smart meters in the national capital with a capital outlay of ₹4,000 crore. : Economic Times

Tata Steel buys coal from Russia weeks after vowing to cut ties: Report

New Delhi : India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with Russia. : Business Standard

DMRC E-tender for Solar Rooftop 1000 KW at Khyber Pass Depot

New Delhi : DMRC E-tender for Solar Rooftop 1000 KW at Khyber Pass Depot. : saurenergy.com

PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund

New Delhi : PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund. : saurenergy.com

Researchers Develop Hurricane Resistant Wind Turbines Based On Palm Tree Structure

New Delhi : Researchers Develop Hurricane Resistant Wind Turbines Based On Palm Tree Structure. : saurenergy.com

EPC Tender Issued for a 15 MW Wind Power Project in Gujarat

New Delhi : EPC Tender Issued for a 15 MW Wind Power Project in Gujarat. : mercomindia.com

UK Government Stops 35% Plug-in Grant for Purchase of Electric Cars

New Delhi : UK Government Stops 35% Plug-in Grant for Purchase of Electric Cars : mercomindia.com

Bids Invited for 30 MW of Floating Solar Projects in Jharkhand and West Bengal

New Delhi : Bids Invited for 30 MW of Floating Solar Projects in Jharkhand and West Bengal. : mercomindia.com

Specifications Notified for Installing Bird Diverters in the Great Indian Bustard Habitat

New Delhi : Specifications Notified for Installing Bird Diverters in the Great Indian Bustard Habitat. : mercomindia.com

CERC Awards Transmission License to Evacuate 1 GW of Renewable Power in Tamil Nadu

New Delhi : CERC Awards Transmission License to Evacuate 1 GW of Renewable Power in Tamil Nadu. : mercomindia.com

Servotech develops solar performance monitoring device

New Delhi : Servotech Power Systems on Monday announced that it has developed a solar performance monitoring and controlling device called ComPort. The device will identify defects, issue notifications, diagnose issues and suggest O&M (operation and maintenance) tasks. : Economic Times

JERA wins grid companies’ auctions to offer extra power in summer

Tokyo, Japan : Japan’s biggest power generator JERA said on Monday it had won two auctions by local power grid companies to provide extra electricity during this summer to make up for any shortfall. : Economic Times

Power demand in parts of China sets new records amid searing heat

Beijling : Power consumption surged in large Chinese provinces north of the Yangtze river amid warmer-than-normal weather, with regions like Henan, China’s third-most populous province, challenged by record electricity demand. : Economic Times

First batch of new e-buses to hit city

THIRUVANANTHAPURAM : The first batch of electric buses to be pressed into KSRTC city service is about to hit the streets in a few days. Five electric buses have left from a factory in Haryana for the city. : Economic Times

PIL on solar panel sale: High court sends notice to state government, seeks reply

Bhopal : A division bench of MP high court issued notices to the state government and other respondents in response to a petition seeking court’s intervention in ordering a probe into sale of solar panels allegedly at double the actual rate by Vindhya Development Authority. : Economic Times

Germany to limit use of gas for electricity production

Berlin, Germany : Germany’s economy minister said Sunday that the country will limit the use of natural gas for electricity production amid concerns about possible shortages caused by a cut in supplies from Russia. : Economic Times

Australia needs coal, gas to back up renewables: regulators

Melbourne : Australia’s Energy Security Board proposed on Monday paying coal- and gas-fired generators for buffer supply on the grid but offering longer-term contracts for new back-up capacity, such as batteries, to smooth the transition to cleaner energy. : Economic Times

Mexico signs renewable energy deals with US firms

New Delhi : Mexico has made commitments with 17 US companies on clean energy generation, its president announced Friday. : Economic Times

Mumbai may get its first electric double-decker bus in August

Mumbai : Mumbai’s first electric AC double decker would be unveiled in the first week of August to coincide with the Brihanmumbai Electric Supply and Transport (BEST) Foundation Day on August 7, as per a TOI report. : Economic Times

Indian companies can make best electric cars: Nitin Gadkari

New Delhi : Amid reports of the US electric car major, Tesla putting its plan to sell its products in India on hold, Union road transport minister Nitin Gadkari on Saturday said the government was never in favour of any firm manufacturing its cars in China and selling here. : Economic Times

UP’s transition towards green energy gains momentum

Lucknow : Uttar Pradesh’s energy transition towards green energy is gaining momentum with strong backing from major players investing in renewable energy sources. : Economic Times

Solar-powered charging station at TN Secretariat

Chennai : E-vehicle owners will soon get more charging stations one at the Secretariat and another at the DPI campus in Nungambakkam. What will set them apart is that they are completely solar powered and would be set up by the Tamil Nadu Energy Development Agency (TEDA) as model plants. : Economic Times

Railways looks at upgrading tracks near coal mines

New Delhi : The Indian Railways is eyeing a significant upgrade of track infrastructure near mines that will be focused on coal bearing regions for expeditious transportation as the country grapples with spike in power demand. : Economic Times

EVI Technologies to install charging stations at HPCL pumps

New Delhi : Electric vehicle (EV) charging infrastructure startup EVI Technologies (EVIT) has partnered with Hindustan Petroleum Corporation Limited (HPCL) to set up EV chargers at the OMC’s fuel pumps. : Economic Times

Adani Power acquires infra development firms SPPL and EREPL for over Rs 609 crore

New Delhi : Adani Power on Monday completed the acquisition of 100 per cent equities in SPPL and EREPL for about Rs 609 crore. On June 7, 2022, Adani Power NSE -4.99 % had signed a share-purchase agreements to acquire 100 per cent equity shares of two companies, viz. Support Properties Private Ltd (SPPL) and Eternus Real Estate Private Ltd (EREPL) from their respective shareholders. : Economic Times

BSES discoms to install 50 lakh prepaid smart meters by March 2025

New Delhi : The BSES power distribution companies (discoms) are planning to install 5 million (50 lakh) new prepaid smart meters in Delhi. : Mint

Arunachal dam project may cost India ₹1.13 tn

New Delhi : India may spend ₹1.13 trillion ($14.5 billion) to build the 10 GW Upper Siang multi-purpose storage project at Yingkiong in Arunachal Pradesh, a project that is central to counter China’s ambitious water diversion scheme of the Siang river that feeds downstream into the Brahmaputra. : Mint

Adani Power buys 100% stake of infra development firms SPPL, EREPL for ₹609 cr

New Delhi : Adani Power on Monday completes acquisition of 100% equity shares of Support Properties Private Limited (“SPPL”) and Eternus Real Estate Private Limited (“EREPL”) from their respective shareholders. : Mint

Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO

BSES to install 5 mn smart meters across Delhi in country’s largest rollout

New Delhi : Reliance Infrastructure’s BSES Limited, a power distribution company (discom) in the national capital region, will install five million smart meters in its designated areas, making it the largest rollout across the country. : Business Standard

Servotech Successfully Tests Solar System Performance Monitoring Device

New Delhi : Servotech Power Systems has developed a first-of-its-kind solar performance monitoring & controlling device in association with the German Development Agency, Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ). : psuconnect.in

JinkoSolar’s Malaysia Plant 100% Renewable Powered Now

New Delhi : JinkoSolar’s Malaysia Plant 100% Renewable Powered Now. : saurenergy.com

Maharashtra E-tender for a 105 MW Floating Solar Project

New Delhi : Maharashtra E-tender for a 105 MW Floating Solar Project. : saurenergy.com

SECI Tender Invites Bids For 30 MW FSPV On DVC Reservoirs In Jharkhand & WB

New Delhi : SECI Tender Invites Bids For 30 MW FSPV On DVC Reservoirs In Jharkhand & WB. : saurenergy.com

Daily News Wrap-Up: JinkoSolar Inks Deal With Aldo for 600 MW of Modules

New Delhi : Daily News Wrap-Up: JinkoSolar Inks Deal With Aldo for 600 MW of Modules. : mercomindia.com

Solar Cold Storage Company Ecozen Secures ₹540 Million Funding

New Delhi : Solar Cold Storage Company Ecozen Secures ₹540 Million Funding. : mercomindia.com

Renew Power to Increase its Module Manufacturing Capacity to 6 GW

New Delhi : Renew Power to Increase its Module Manufacturing Capacity to 6 GW : mercomindia.com

Oil and Gas

Anupam Agarwal takes over as ONGC Videsh Director (Finance)

New Delhi : Anupam Agarwal has taken over as Director (Finance) of ONGC Videsh Limited on 18th June 2022, Schedule ‘A’ CPSE and subsidiary of ONGC. Agarwal was recommended to the position by Public Enterprise Selection Board (PESB) on 28th February 2022 and has been appointed to the post by the President of India. : Sarkaritel.com

Anupam Agarwal takes over as ONGC Videsh Director (Finance)

New Delhi : ONGC Videsh Ltd (OVL), the overseas arm of the state-run explorer Oil and Natural Gas Corporation (ONGC), announced Anupam Agarwal has taken over as Director (Finance) of the company on 18 June 2022. : Economic Times

ONGC official set to retire next month dies in Maharashtra pile-up

Navi Mumbai : An official of ONGC died in a car accident that took place on Kamothe flyover here on Sunday. His colleague, who was travelling with him, and the driver sustained injuries in the pile-up involving five vehicles. Five women who were in another car also suffered bruises. : Economic Times

On-road hydrogen vehicles to cross 1 mn globally by 2027

New Delhi : The number of hydrogen vehicles in service globally is likely to exceed 1 million in 2027, from just over 60,000 in 2022 — a substantial growth of over 1,500 per cent, a new report showed on Monday. : Economic Times

Russia becomes biggest supplier of oil to China

London : Russia has become China’s biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war, media reports said. : Economic Times

What’s behind crude oil’s 9 per cent fall last week

New Delhi : After a strong performance earlier this month, oil prices sold off violently last week, falling sharply along with risk assets including stocks. : Economic Times

Qatar Energy partners with Eni for North Field East LNG project

DOHA : Qatar Energy signed a deal with Eni on Sunday on the Gulf Arab state’s North Field East expansion, the world’s largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month. : Economic Times

How much for gas? Around the world, pain is felt at the pump

New Delhi : At a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($23), 23 euros, 24 euros. The numbers showing how much gasoline he’s getting rise, too. But much more slowly. Painfully slowly. : Economic Times

Germany to limit use of gas for electricity production

Big Oil bets that green hydrogen is the future of energy

New Delhi : After years of dabbling, major oil companies are finally planning the kind of large-scale investments that would make green hydrogen a serious business. : Economic Times

Australia needs coal, gas to back up renewables: regulators

Iraq seeks to raise oil production to 8 mn bpd by 2027

New Delhi : Iraq seeks to raise its crude oil production to 8 million barrels per day (bpd) by the end of 2027 to fulfil its commitment to export quota within the Organisation of the Petroleum Exporting Countries (OPEC), Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail said. : Economic Times

Govt must set a bold target of 20 mn tonnes of green hydrogen production by 2030: Ahmad Chatila, chairman, Ohmium

New Delhi : This aspirational target will send the signal to boardrooms across the world to invest in India, said Ahmad Chatila, chairman and investor of US-based green hydrogen electrolyser start-up, Ohmium, in an exclusive interview with ETEnergyWorld. : Economic Times

Time is running out for Africa to profit from its gas, IEA says

London : Africa must act quickly to profit from its vast reserves of natural gas that the world will only want until it can shift towards lower carbon technology, the International Energy Agency said on Monday. : Economic Times

Percussion Petroleum seeks buyers for Permian land worth up to $1.5 bln: sources

New Delhi : Percussion Petroleum II is looking to fetch up to $1.5 billion by selling around 25,000 net acres in the Permian shale basin, three sources told Reuters on Friday, betting on rising oil prices to pocket more than double what it paid in 2021. : Economic Times

SL reaches out to Russian companies for crude oil

Columbo : Sri Lanka’s Minister of Power and Energy Kanchana Wijesekera said on Sunday that they have reached out to several Russian crude oil suppliers in an effort to solve the island nation’s energy crisis. : Economic Times

British oil giant BP shows desire to remain Rosneft shareholder: CEO Sechin

New Delhi : UK oil and gas company, BP, announced its withdrawal from Russia’s Rosneft but still remains a shareholder and shows a desire to stay despite the crisis without real losses, Rosneft CEO Igor Sechin said on Saturday. : Economic Times

Petrol, diesel prices today: Fuel rates remain steady in major cities. Check latest rates

New Delhi : Oil marketing companies(OMCs) have released new rates of petrol-diesel for today on Monday, June 20. Today petrol is being sold at at Indian Oil’s petrol pumps in Delhi is ₹ 96.72 liter and diesel is being sold for ₹ 89.62 a liter. : Mint

Karnataka Looks At A Hydrogen Cluster In Mangaluru

New Delhi : Karnataka Looks At A Hydrogen Cluster In Mangaluru. : saurenergy.com

Private fuel retailers hike prices after USO fiat, minister tells them to be “good corporate citizens”

New Delhi : Minister for petroleum and natural gas Hardeep Singh Puri on Monday urged private fuel retailers to behave like “good corporate citizens” amid reports of a hike in retail prices of petrol and diesel by Jio-bp and Nayara following the “universal service obligations” imposed on all retail fuel outlets last week. : Financial Express

Oil prices stable as market balances recession fears with tight supply

London : Oil prices were stable on Monday, struggling to reverse last week’s losses as the market balanced tightening supplies with concerns about slowing global economic growth. : Economic Times

Four North Sea oil producers join forces in carbon storage scheme

New Delhi : Four North Sea oil producers on Monday said they agreed to develop an engineering and design plan for a project seeking to bury up to five million tonnes of greenhouse gases in fields off the Dutch coast. : Economic Times

Short of Russian gas, Austria to reopen coal power station

Petrobras says board member proposals on fuel pricing were not discussed

New Delhi : Brazilian state-run oil company Petrobras acknowledged on Monday that board member Francisco Petros has proposed new measures for the company’s fuel pricing, but that those were not discussed internally. : Economic Times

Ensure enough supply of fuel to Chhattisgarh to end problems faced by people: Baghel writes to Centre

Raipur : Chhattisgarh Chief Minister Bhupesh Baghel on Sunday said he has written a letter to Union Petroleum Minister Hardeep Singh Puri, requesting him to ensure regular supply of petrol and diesel to the state, saying the fuel “shortage” was causing problems to common people and affecting the agriculture activities. : Economic Times

RWE says could keep brown coal blocks open to replace gas burning

Frankfurt : German utility RWE said on Monday it could prolong operating the 300 megawatt (MW) each brown coal-to-power plants Neurath C, Niederaussem E and F if asked to do so in the current gas supply crisis triggered by lower Russian exports. : Economic Times

Jio-bp, Nayara Energy ask dealers to sell less, keep pumps open

New Delhi : Private fuel marketing companies such as Jio-bp and Nayara Energy have advised their retailers to keep their pumps open and not display a dry out sign board, and also increased fuel prices to discourage sales, retailers told ET. : Economic Times

To rein in tar ball recurrence, pollution board asks MPA for oil transfer details

Panaji : In an effort to curb the tar ball menace on Goa’s beaches, the state pollution control board (GSPCB) has sought details from Mormugao Port Authority (MPA) on oil transfers with regards to vessels entering and leaving the port. : Economic Times

US drillers add oil and gas rigs for second week in a row: Baker Hughes

New Delhi : US energy firms this week added oil and natural gas rigs for a second week in a row as crude production returned to pre-pandemic levels and President Joe Biden slammed oil producers for profiting from sky-high prices instead of boosting output. : Economic Times

Gas rationing now a real prospect for the European Union

New Delhi : Throughout the entire Cold War and in the decades since, Russia was a stable supplier of gas to Europe. That changed this week. : Economic Times

Opinion: White House tries to blame US refiners for its own overheating error: Kemp

London : The White House has sought to deflect the blame for high gasoline prices onto refiners for cutting capacity and not making enough fuel, but the real source of the price increases is the attempt to run the economy “hot”. : Economic Times

Blame on low supply from oil firms for fuel scarcity

Bhubaneswar : Petroleum dealers in the state said oil companies are supplying them less quantity of fuel against their demand. The companies usually release the fuel after advance payment for the order. Previously, dealers were getting fuel and paying the money later. : Economic Times

Union Minister Hardeep Singh Puri launches ‘NIPUN’

New Delhi : Union Minister for Housing & Urban Affairs and Petroleum & Natural Gas today launched the National Initiative for Promotion of Upskilling of Nirman workers (NIPUN) in New Delhi in the presence of Secretaries of Housing & Urban Affairs, Labour & Employment, and Skill Development & Entrepreneurship. : psuconnect.in

CMPDI Nagpur donates 320 kVA Diesel Gen Set under CSR

New Delhi : Coal India Limited Subsidiary, Central Mine Planning and Design Institute, Nagpur under its new CSR initiative has donated a 320 kVA Diesel Gen Set worth Rs. 21.97 Lakhs and double dome LED operation theatre lights worth Rs. 1.12 Lakhs to Rashtra Sant Tukdoji Cancer Hospital and Research Center, Nagpur, Maharashtra. : psuconnect.in

Oil prices stable as market balances recession fears with tight supply

Russia replaces Saudi Arabia as China’s biggest crude oil supplier

New Delhi : Russia has become China’s biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war, media reports said. : Business Standard

Oil firms bet on green hydrogen as future of energy; plan to invest billion

New Delhi : After years of dabbling, major oil companies are finally planning the kind of large-scale investments that would make green hydrogen a serious business. : Business Standard

Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers

New Delhi : Capital markets regulator Sebi on Monday imposed a penalty totalling Rs 30 lakh on Reliance Industries and two individuals for not making prompt clarification to the stock exchange pertaining to the Jio-Facebook deal, which was disclosed through the newspaper. : Business Standard

EU signs energy deal with Egypt and Israel to wean itself off Russian gas

New Delhi : As Europe scrambles to wean itself off Russian oil and gas and tries to confront Russia for its use of energy to blackmail European countries, the EU signed in Cairo last Wednesday a Memorandum of Understanding (MoU) with Egypt and Israel, aimed at using the energy potential of Eastern Mediterranean to cover the shortfall in energy supplies to Europe. : Business Standard

Oil prices rise as tightening supply offsets global economic concerns

Singapore : Oil prices rose on Monday in volatile trade, reversing earlier losses, as tightening supplies outweighed concerns about slowing global economic growth and fuel demand. : Business Standard

Petrobras head resigns as Brazil President rages about fuel prices

New Delhi : Petrobras’s chief executive officer Jose Mauro Coelho resigned following a fuel price increase that has angered President Jair Bolsonaro and prompted calls for a congressional inquiry. : Business Standard