In the initial months after the launch of electricity futures, the exchange will not charge a per transaction fee.
India has at least 13,348 abandoned oil wells with a potential of about 10,600 MW of geothermal power. But it has not exploited even 1 MW so far.
Prime Minister Narendra Modi on June 16 reiterated India’s commitment to finalising the long-awaited FTA with the EU by the end of 2025
The import will be allowed for industrial and manufacturing sectors, including electronics, electrical and specialised chemical industry, against an import authorization, thereby addressing the need of the domestic industry without disruption for actual use, the government said in a statement.
The milestone will put India in the league of countries like China, Iceland, Norway, Brazil, New Zealand and Denmark, where clean energy capacity is 50 percent or more.
The imports will be of natural uranium (uranium ore concentrate) and not enriched uranium as India's indigenous Pressurized Heavy Water Reactors can operate with even about 0.7 percent U-235, government officials told Moneycontrol.
The government is also planning to set up one nuclear power plant in every state that does not fall under the Seismic Zone 5 and may consider the 'fleet mode' in order to ramp up capacity addition.
The IEA’s latest World Energy Investment report highlights the shifting trend in energy transition and the need to focus on grid infrastructure and storage
Electricity demand slowed considerably in April-May this year
India looks set to reach its 2030 target of 50% non-fossil generation capacity ahead of schedule. There has been a surge in investment in renewables, led by solar PV, IEA has said in a report
Visa issues for Chinese technicians, supply chain disruptions, and slow technology transfer have hampered progress under the Production Linked Incentive scheme for solar modules.
Supplies are exceeding demand during daytime and vice versa in the night on spot electricity market
With the monsoon arriving sooner, the Ministry of Power plans to reassess its peak power demand projections for this year, which are currently pegged at 270 GW.
At 2.5 GW, Bangladesh is the biggest electricity export market for India as of now. Not just that, the neighbouring country uses India’s power grid to import electricity from Nepal.
The government expects Rs 6.67 lakh crore investment in thermal power by FY32 as firms rush to meet rising demand.
A countrywide blackout in Spain in April is a wakeup call for India’s power regulators on the downside of inadequate capacity in times of stress. It can be offset by a launch of short term standardized capacity contracts on exchanges and enforcing the resource adequacy obligations on utilities
India has beefed up its security for its strategic infrastructure such as power plants and refineries, even as the foreign secretary warned Pakistan against any attack on Indian assets.
The approval was notified in a record 40 days. The government usually takes several months to issue such clearances for hydropower projects, a ministry official said.
The revised policy will offer an opportunity to a number of private companies who have won commercial and captive coal mines in the government's auctions to set up thermal power plants in the future.
India's national grid is one of the largest unified electricity grids in the world, with an installed generation capacity of 475.211 GW
The government has done a review of all under-construction projects in J&K and told contractors that delays are unacceptable, power secretary Pankaj Agarwal has told Moneycontrol
The central government is toying with the idea of scaling up 'pink hydrogen'—hydrogen produced through nuclear power—in industries as part of its long-term plan for India to achieve net zero emissions by 2070.
India opened floodgates of the Uri dam on April 26, after it suspended routine water data sharing with Pakistan, in the aftermath of the Pahalgam massacre.
More than controlling water supply to Pakistan, India needs mega infrastructure on the larger western rivers for its own water consumption and agricultural activities.
Power Finance Corporation Ltd (PFC) said it is exploring all possible options to recover an outstanding principal amount of Rs 307 crore from Gensol Engineering Ltd.