India-Saudi energy MoU spans renewables, carbon capture, grids, hydrogen, cyber-security, and petroleum reserves
The MoU shall remain in effect for five years, and it shall be automatically be renewed for a similar period, read the document seen by Moneycontrol.
Exclusive: India has pledged $25 mn, to be an anchor investor to help fight climate change in other nations: Ajay Mathur, International Solar Alliance
India’s goal is to be net zero by 2070, which means that our electricity sector has to get there sometime in the 2050s. However, coal will continue to be essential, because at night when the sun is not shining, that’s what we rely on. But it will need to be abated with carbon capture and storage.
G20 vows on 3-fold green power capacity by 2030, net zero by mid-century
The New Delhi Leaders' Declaration cited the need of $5.8-5.9 trillion in the pre-2030 period for developing countries to implement their NDCs apart from the $4 trillion per year required for clean energy technologies to reach net-zero by 2050
G20 Summit: World awaits 'Delhi Declaration' as leaders gather for the grand finale
A joint declaration allows G20 nations to align their economic policies and reinstate their commitment towards development goals
G20 Summit 2023: Climate-energy talks among most fiercely negotiated topics
G20 countries have been divided over commitments on phasing down fossil-fuel use, especially coal; tripling renewable energy capacity by 2030; doubling the global rate of emission technologies; and finance for a just and green energy transition in the developing nations.
Government issues 8-point plan to ensure power supply amid record demand
The plan includes shifting maintenance of power plants to low-demand periods and redirecting surplus electricity to needy states
How to end the power struggle during a sizzling summer
Focus should be on long-term measures to tackle sudden spikes in electricity demand and subsequent shortages in power supply
India must emerge as green hydrogen refuelling hub for shipping industry: RK Singh
The Union minister confirmed Moneycontrol's newsbreak on the government's plan to use green ammonia and green hydrogen as energy storage systems
Thermal power plants have adequate availability of coal: Ministry of Coal
Coal ministry data showed that there has been a significant 53.13 percent decline in the import of thermal coal for domestic coal-based power plants for blending from 19.2 million tons (MT) in April-August, 2022 to 9 MT in April-August, 2023.
PowerWatch: As demand climbed to 240 GW on Sept 1, peak shortage hit the roof at 11 GW
Coal has been contributing about 70 percent to India's total energy mix, while pure renewable energy sources hover around 9 percent.
Govt extends mandatory blending of imported coal in thermal power plants till March 2024
The peak power demand met during the day hit a record high of 240 GW on September 1. However, the power shortage or the demand that could not be met also hit a record high of 10 GW
Himachal floods delayed Parbati-II hydropower project commissioning to FY25
NHPC Ltd CMD RK Vishnoi also said that the first and second units of the Subansiri Lower hydroelectric project in Arunachal Pradesh will be commissioned in January and March, 2024 respectively.
Gas-based power generation to be used as a last resort and for grid stability: NTPC CMD
NTPC is set to sign a supply agreement for another four-and-a-half years with GAIL to ensure further availability of gas in the long run.
Reliance AGM 2023: RIL chalks out roadmap for $1/kg green hydrogen production target in India
RIL will simultaneously set up a fully-integrated, automated, giga-scale electrolyser manufacturing facility, Ambani said
Bullish on India | Lot of global capital looking to tap Indian clean energy space: Sumant Sinha of ReNew
The India opportunity is so attractive right now, and the next 25 years are truly going to be India's years, says Sumant Sinha, founder, chairperson and CEO of ReNew. We'll need almost $500 billion just for the electricity sector over the next 7-8 years, he says.
Green hydrogen mandates for hard-to-abate sectors to be put up before cabinet soon: RK Singh
The Union minister said in just about 10 months India already has a pipeline of 5.8 million tonnes of green hydrogen and 37 million tonnes of green ammonia orders that have already been backed or are in the pipeline.
Exclusive: Government to invite bids for green ammonia-based energy storage systems
While the cost of BESS remains the highest at Rs 10 per kWh, the cost of pumped hydro has now come down from about Rs 8 to about Rs 5 kWh. A tender for green ammonia to be used for energy storage will be a first in India
Floating solar projects gain traction as land remains a limited resource in India
Floating solar, or floatovoltaics, are solar panels mounted on a water body such as a reservoir or a lake. Floating solar photovoltaic power plants can be 15-30 percent more expensive than land-based ones, but they can generate about 10 percent more capacity than land-based PV systems.
The power sector is the beating heart of India’s economic transformation
The power sector is witness to India’s bullish trajectory with the renewables revolution happening, rapid acceleration in transmission infrastructure, policy support creating a favourable investment climate, and innovative financing models enticing developers
Nepal to export 10,000 MW power to India in next 10 years: Prime Minister Prachanda
Nepal Prime Minister Pushpa Kamal Dahal "Prachanda" on August 18 said that his government plans to increase the export of electricity to neighbouring India from 450 MW to 10,000 MW in the next 10 years.
PowerWatch | India's peak power demand hits record 234 GW on Aug 17 on rising temperatures
The demand that could not be met on August 17, also known as the peak demand deficit, stood at 7,255 MW. The unusually high peak demand deficit reflects that several parts of the country are facing power cuts.
Diversification: CIL and its subsidiaries to use de-coaled land to build new thermal power plants
Given the country’s growing shift to renewable energy, the coal ministry has decided to foray into thermal power plants, and not just mine coal.
India's domestic coal-based power plants use more imported coal than imported coal-based plants
The reverse trend, where domestic coal based power plants are using more imported coal than ICB plants, is due to a government policy aimed at ensuring continuous electricity generation to meet the rising demand.
Power sector will play a big role in India’s $5 trillion economy goal: Tata Power CEO & MD
Considering that India is one of the fastest-growing economies and there is an aspirational India, which is expecting a lot of improvement in the quality of life, this is the decade of India, and maybe even the next few decades, said Praveer Sinha.
