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The companies are expected to submit non-binding bids in January for the deal, which is likely to have an equity value of around $600 million, the report stated.
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The CERC in its order stated that the peak power demand of India has been fluctuating and reached 187 GW in October and November, 2022. But in December (the current month), it increased further and touched 200 GW on December 23.
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As the company is ramping up renewable energy capacity additions, its shares outperformed the benchmark index for a second consecutive calendar year
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The 2021 floods washed away two hydroelectric power projects — the13.2 MW Rishiganga hydroelectric power project and the Tapovan project on the Dhauliganga river, a tributary of the Alakananda. The 2013 Kedarnath flood damaged at least 10 such power project while killing at least 5,000 people
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The green methanol project involves capturing carbon from NTPC power plants and converting it into a green fuel.
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The Czech presidency has drafted a new proposal that would see the mechanism kick off if prices exceed 188 euros per megawatt hour for three days.
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The government must plug glitches in the solar park scheme quickly so that it can play an effective role in India’s energy transition
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IEX’s commitment towards climate mitigation will support the corporates and industries who want to be associated with an environmentally-responsible organization and will enable them to contribute towards the critical challenge of climate change
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The estimates are based on the fact that all-India electricity demand increased 10.6 per cent year-on-year in first eight months of FY2023, amid a severe heat wave in north and central India
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Last week, workers at the $2.3 billion Ultium plant in Ohio voted to join the UAW, a win for the union, which is seeking to organize the growing EV supply chain.
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India imports coking coal and other high gross calorific value (GCV) coal as domestic production is limited due to either scarce reserves or non-availability.
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The projected installed capacity of Kudankulam Nuclear Power Plant (KKNPP) site is 6000 MW, comprising of six nuclear power reactors of 1000 MW capacity each, said Minister Singh
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The data showed that the deficit was 2,752 million units (units) in April this year which came down to 124 MU in October, 2022.
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Fears were easing that the price cap on Russian crude could cause a supply shock. Russia, the Vedomosti daily reported on Wednesday
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Global gas markets are expected to remain tight next year as Russian pipeline gas supplies dwindle.
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Of the top 37 coal producing mines, as many as 24 produced more than 100 per cent, while the output of five mines stood between 80 and 100 per cent.
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The Revamped Distribution Sector Scheme (RDSS) lays down that funding under the scheme will be available only if the discom commits to an agreed loss reduction trajectory.
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The peak power demand met was 155.32 GW in November 2019, which was the pre-pandemic period.
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Two key policy reforms—simpler rules for the Open Access (OA) framework and the Rs. 19,500-crore production incentive (PLI) plan—will help attain India's green energy goals
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The fact that backwardation has kicked in a month earlier tells you that gas prices are unlikely to break record highs
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This scheme is expected to help the states that are facing power shortage and also help generation plants increase capacity
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A clear-cut plan to support growth in clean power and a rehabilitation programme for those affected by the phase-out of coal are crucial to managing the shift in energy balance in an efficient way
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Coal production to improve further in coming months, CIL stated. The company’s target is to hit 700 MT of coal production in FY 2023.
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Inox Green Energy Services dropped below its IPO price on its listing debut. Others such as ReNew Energy and Sterling and Wilson too have delivered a disappointing performance since listing
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Increased competition in the core electricity trading business is leading analysts to fear it may cede market share to new entrants
