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The company is focusing on localising the renewable energy supply chain through a comprehensive vendor development programme, said Adani Green Energy CEO Amit Singh
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Austria, unlike most European Union countries, is still buying nearly as much natural gas from Russia as it was before the war in Ukraine.
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Improper and non-transparent accounting, as well as non-payment or delayed payment of subsidy, is one of the reasons for the financial distress of discoms, the power ministry said.
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The project will create several job opportunities and business growth avenues for the subcontractors. The company is focusing on establishing more such power plants in Karnataka and other states, Rays Power Infra Director Pawan Sharma said.
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According to industry data, in June last year, dues of power distribution companies' (DISCOMs) stood at Rs 1.39 lakh crore when the LPS scheme was launched
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Many ongoing turbine farm projects were canceled last week due to rising costs and key investors looking at other energy options. If more of the infrastructure funds that are doing well can be persuaded to buy the debt and equity in established offshore projects from developers and banks, that will free up significant funds for new projects
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The National Coal Index (NCI) is a price index that combines coal prices from all sales channels, including notified prices, auction prices and import prices.
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In addition, NHPC director (finance) RP Goyal said the Central government has asked the PSU to explore pumped storage projects with a total capacity of 22 GW. NHPC has also invited bids from select developers for 3 GW connected solar power projects across the country as part of the Centre's renewable energy bidding trajectory.
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Delayed for years over environmental and geological concerns, NHPC is finally all set to start work on the Dibang hydel project and commission the Subansiri and Parbati -II hydel projects by 2024. The three projects will augment India’s hydel power capacity by 5,680 MW (5.68 GW).
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Currently, we have close to 20-21 million accumulated carbon credits, which we trade overseas. Going forward, as our portfolio increases, we will generate more carbon credits, which we are excited to trade in India, Jain said.
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Cheaper Chinese modules can help optimise project costs and lower India’s solar equipment import bill
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In May, Tata Power approached the APTEL seeking a stay on the multi-year tariff (MYT) for 2023-24 and 2024-25 issued by the Maharashtra Electricity Regulatory Commission (MERC).
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The seasonality of wind energy and concentration of wind power generation assets in six states leads to grid congestion in during the high seasons, the report said.
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The company has also sorted out most of the land acquisition issues for expansion of its lignite mine in Tamil Nadu's Cuddalore district, says Prasanna Kumar Motupalli. A section of the locals have been protesting against the project and in May, NLCIL had to shut five units of thermal power plant due to lignite shortage.
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Utilisation levels of thermal power plants exceeded 70 percent in April-June this year
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The crucial fact missing in all the backslapping on investments in the power sector is that investments need to integrate from generation to transmission and distribution
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India has committed to reducing the emission intensity of its GDP (emissions relative to GDP) by 45 percent by 2030 from the 2005 level. It also aims to achieve net zero by 2070
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The project will be carried out in the Raipur area of Chhattisgarh over a period of 10 years.
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Hydrogen technologies across the value chain are currently only under the development stage. Mature technologies such as electrolysers, fuel cells and carbon composite cylinders are not yet cost competitive with alternatives.
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Coal offtake increased by 5.4 percent in the June 2023 quarter, slower than the 10.6 percent expansion in the year ago period
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The list of 30 critical minerals should act as a guiding framework for policy formulation, strategic planning, and investment decisions in the mining sector
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The Central Electricity Regulatory Commission will be the Indian carbon market regulator for all trading activities, while Grid-India will be its registry.
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Vineet Mittal said the group is exploring opportunities in the renewable energy market in Southeast Asia and beyond. He said the group plans to invest in a technology center either in Noida or Bengaluru to drive renewable energy innovation.
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SERCs are expected to follow the norms of the tariff policy as mandated under the Electricity Act, so as to ensure that discoms remain financially viable. But most of the states have ignored this.
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The non-solar or night-time peak power demand remained close to the day-time peak demand of 192.5 GW
