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However, the government said that a captive plant shall be exempt from the requirement of RGO, if it fulfils the Renewable Purchase Obligations as notified by the central government.
Many states and distribution companies, based on commercial considerations, started making an exit from PPAs of costlier plants (non-pit head coal stations and gas-based thermal generating station) while retaining the PPAs of cheaper plants. This is also leading to generation capacity crunch especially during the peak demand season.
However, ICRA’s outlook for the power distribution segment remains negative. In this context, it said, timely issuance of tariff orders with adequate tariff hikes by the state electricity regulators remains important.
But the latest IEA report on carbon emissions comes with two spots of good news — and a lesson
A new wave of protectionism is sweeping the sector under the guise of a push for more local manufacturing
While addressing the Confederation of Indian Industries (CII) Conference on Clean Renewable Energy 2023, Chief Minister Pramod Sawant had on Friday said that Goa aims to ensure 100 per cent renewable energy usage across all sectors by 2050.
In an exclusive interview with Moneycontrol, the managing director of Sterlite Power Transmission said the recurring power crisis in India is actually a crisis of the last mile. Agarwal also said cost escalation to build transmission network for renewable energy will be offset by the overall low cost of RE compared to electricity from conventional sources.
India is set to have the highest percentage growth (+81 percent) in nuclear generation from 2022 to 2025, followed by Japan. Besides, despite a record heatwave in 2022, hydropower generation in India increased more than 10 percent above its 2017-2021 average, the IEA said in its report.
In December, the government asked state-run GAIL (India) and NTPC to increase imports of natural gas to supplement power generation.
With the transfer now completed, the state-run power generator is planning to offload 10 per cent to 20 per cent stake in NGEL, a senior NTPC official said.
At Mobile World Congress in Barcelona, Spanish firm Bioo is exhibiting a unique tech to generate power by capturing electrons from indoor plant growth.
Fossil fuel pollution is declining faster than anyone anticipated. But far older practices like cutting down forests, livestock and crop farming account for a significant chunk of emissions too
In November, the coal ministry in a statement said it would augment coal supplies at TPPs to 45 million tonnes by March-end. However, data showed that maximum coal stock at TPPs hasn’t crossed 31-32 million tonnes so far. Also, logistics around coal supply will continue to be a major bottleneck, despite increase in coal production as well as railway lines for its transportation.
Clean hydrogen has great potential to power hard-to-abate sectors such as heavy industry, shipping and aviation. But it is a less economic, more resource-intensive method of heating homes
5.9 MT of lithium can give 6 terawatt hour of battery cells in India, which is six times the current production in the world. But lithium cell requires a host of other raw materials and technology, which need to be sourced.
The CERC is responsible for regulating and determining tariffs of inter-state transmission of electricity, issuing licences to persons to function as transmission licensee and electricity trader with respect to their inter-state operations
Carbon capture and storage has never really gotten off the ground. Now it’s found some backers, which is not a bad thing
The government aims at raising renewable energy production, reducing fossil fuel use and rapid move towards a gas-based economy, Modi said at a power ministry webinar.
India recognised that there is excess reliance on oil and gas supplies from OPEC countries in West Asia. Given the political volatility in that entire region, the needs of energy security dictate that the Indian crude basket should have a wider spread
A group of Adani officials are in Colombo to evaluate multiple projects with Sri Lanka. The conglomerate is also involved in building a $700 million terminal project at Sri Lanka's largest port.
The government has asked all power plants that use imported coal to operate at full capacity, anticipating an increase in peak electricity demand in the country.
The commodities giant has a giant war chest to expand its mining and trading empire
In today’s edition of Moneycontrol Pro Panorama: Indian equities prepare for de-rating, retail investors participation in market declines, branding hotels is a tricky business, govt opposes HZL's takeover of Vedanta’s international assets, and more
Both companies will also explore opportunities to jointly offer a complete integrated solution to customers from green ammonia supply, bunkering and products or solutions for various applications, ACME has said
On January 9, 2023, Moneycontrol first reported that the previous such order under Section 11 of the Electricity Act lapsed on December 31, 2022, after being extended from October 31, 2022. The latest order would mean at least 15 ICBs will have to operate at their full capacity until further notice.
