With these statements, India is only strengthening its stand of not phasing out fossil fuels to ensure energy security, while also keeping electricity affordable.
Budget 2024 Expectations: Prasad also said CIL expects e-auction to form nearly 15 percent of its total production. The current figure stands at 9 percent
Exports of locally made solar panels are on the rise while imported modules remain the mainstay of domestic RE producers
The project will be challenging because of the terrain and the climatic conditions, and is expected to take about five years to complete. It will form a major part of India’s green energy goal by the year 2030.
As temperatures drop and the Jammu & Kashmir valley goes dark, those who can afford are buying power inverters and fuel-guzzling generators. But the need is for more constant power that is better for the environment.
The new contracts, unlike the current three-month contracts, should help distribution companies to plan their procurement efficiently and well in advance
The production plan calls for the opening of new mines, the increase of mine capacity, and the output of commercial and captive mines.
This is the second highest ever price paid for a Picasso painting, the highest being a painting called 'Les femmes d'Alger,' that was sold for over 179 million in 2015.
Substantial increase in EBIDTA and PAT show core businesses of generation, transmission and distribution are doing very well, he says.
Renewable Power Obligation includes a “distributed renewable energy” segment, making it mandatory for discoms to source roof-top solar power
The thermal capacity awards target has been raised to 11,200 MW from 7,200 MW
Pockets of power deficit can stand in the way of India striving to ensure 24x7 quality electricity to power economic growth
The ISA, on October 31, also announced that the government of India is considering an investment of $25 million in the Alliance's Global Solar Facility (GSF), which is a fund that aims to accelerate renewable projects across the needy member countries. Moneycontrol was the first to report this on September 12.
What wind needs is a signal that governments are going to match their clean-power pledges at whatever price the market needs, and slash whatever red tape is getting in the way of that goal
During the quarter, the company recorded gross power generation of 90.302 billion units (BU), 5.63 percent higher than 85.487 BUs in the same period a year ago
While the subsidiary will offer decarbonisation solutions, Engie India also plans to break into the commercial and industrial sectors
Acting on the shortage, the Ministry of Power on October 25 directed all thermal generating stations, including Independent Power Producers, to mandatorily blend imported coal at 6 percent of their total capacity till March 2024. Until now, the mandate was limited to 4 percent.
The eight-month long extension has been directed by the Ministry of Power owing to a surge in electricity demand, inadequate supply of domestic coal and reduced hydropower generation.
Delhi transport minister Gopal Rai said that directions were issued to increase the frequency of metro and buses in Delhi as mandated under the Stage II of the Supreme Court-mandated Graded Response Action Plan (GRAP)
Moneycontrol on October 17 reported how Indian solar manufacturers are currently being forced to export as developers prefer imported modules due to the ALMM norm being kept in abeyance till March, 2024.
EESL actual mandate is to ensure the adoption of energy efficient technologies at scale across industrial, construction, agriculture, electric mobility etc
Himalayan floods are filling rivers and dams once again, bringing the nation closer to its emissions peak
Calling the GLOF calamity a "freak incident", the Union minister for power said the Indian government is not ready to write off hydropower projects as yet.
Chinese companies continue to control the market with depressed prices, making imported solar modules cheaper even with the imposition of duty, or by routing them through FTA countries, thereby killing the home market for Indian manufacturers
The MoUs have been signed to finance and support two green hydrogen initiatives and a conventional power scheme.