Govt to waive off import duty on electrolysers to give initial push to green hydrogen: RK Singh
MNRE secretary BS Bhalla told Moneycontrol that no green hydrogen consumption mandates have been decided as of now. But he said the mission permits a mandate if decided in the future.
NTPC crosses 300 billion units electricity generation mark in FY23
The company achieved the 300 BU accomplishment a month before it had crossed the same mark in FY22
India’s Green Hydrogen Mission: These companies have committed to transition
Even as details of how these incentives will be rolled out are yet to be announced, a host of private sector conglomerates have already made pitches to go big on green hydrogen.
CCEA approves Rs 2,614.51-crore hydropower project in Himachal
The central government has been prioritising the development of hydro projects to meet the growing demand for electricity and to offset the seasonality of wind and solar power. Hydro power is also the biggest source of income for Himachal Pradesh since it has five major rivers. It provides electricity to other states as well
Budget 2023: Power sector’s Revamped Distribution Sector Scheme may get a boost
The Smart Meter National Programme to gain momentum in FY2023-24 with a number of companies getting into the smart metering business. The programme had sluggish growth in the last two years due to the COVID-19 pandemic and the global shortage of chips and semiconductors
Power plants using imported coal to be compensated for supply in times of crisis: CERC
The order is also beneficial for the CGPL Mundra Plant as it can now recover the full cost incurred for supplying power in terms of the MoP Section 11 directions, Tata Power said in a statement after the CERC order.
Maharashtra power firm unions' three-day strike begins; MESMA Imposed
The Maharashtra Rajya Karmachari, Adhikari, and Abhiyanta Sangharsh Samiti have called the strike. Reportedly, Panvel and Belapur areas around Mumbai are witnessing power cuts
How is biomass co-firing progressing?
NTPC starts India's first green hydrogen blending project
The project is a joint effort of NTPC and Gujarat Gas Ltd (GGL).
Maharashtra power sector employees to go on three-day strike over privatisation of distribution
Legally, the provision to have multiple discoms exists in the Electricity Act 2003. The same has also been reiterated in the Electricity Amendment Bill 2022, which the Union government on August 8, 2022 referred to the Parliamentary Standing Committee on Energy after members of several opposition parties opposed its introduction in the Lok Sabha on the grounds that it violated the federal principles of the constitution
LNG has a key role in India's energy systems
Given the limitations on the supply of domestic natural gas and low share of renewables, imported LNG can support the transition from high carbon and the low carbon systems
Thermal sector recovery to continue in 2023 despite clean energy thrust
A steady increase in demand is likely to result in thermal power sector utilisation levels rising in 2023 as well
NuPower Renewables: What’s up with this company at the centre of Kochhar-Dhoot loan scam?
The company is operational, but could fold up any time. Its liquidity position is precarious. CareEdge Ratings has given a ‘D’ rating to its long-term bank facilities, indicating it is in default or is expected to be in default soon.
NTPC power generation rises nearly 12% to 295 billion units in April-December 2022
State-owned energy giant NTPC's power generation grew 11.6 percent year-on-year to 295.4 billion units (BU) in April-December this fiscal
Business trends, risks and people to watch in 2023
What to look for this year in the corporate world in sectors from energy to private capital and technology
The Green Pivot: Clean power play — A bitter-sweet punch of three Ps
Unless performance picks up, India’s clean power goals can get short-circuited despite promises and potential
Delhi-NCR: Ban on coal, other unapproved fuels comes into force
The NCR covers Delhi, 14 districts of Haryana, eight districts of Uttar Pradesh and two districts of Rajasthan.
Power deficit rises slightly to 0.6% in April-November ; demand surges around 11%
Power consumption has also increased by over 10 per cent to 10,12,249 MU in April-November 2022, from 916,529 MU a year ago.
Adani Power extends timeline to complete acquisition of DB Power till Jan 15
In August this year, Adani Power had informed the bourses that it has agreed to acquire DB Power, which owns and operates a running 2×600 MW thermal power plant at district Janjgir Champa in Chhattisgarh.
Real Estate | Clear guidelines, seed funding can fix legacy power issues in NCR
It all depends on political will to get the cities ready with modern, urban infrastructure. In power, Haryana has taken a clear lead over the Uttar Pradesh suburbs in the NCR
Yearender 2022: When the power sector fired on all cylinders
2022 saw the ground being laid to create storage and transmission infrastructure to support a future boom in green energy, which is expected to be further accelerated by India’s Green Hydrogen Mission.
Petronas, Sembcorp, JSW Neo in talks to acquire Continuum: Report
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.
CERC retains price cap of Rs 12 per unit in power exchanges
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.
NTPC: Green energy excites investors but thermal remains vital to earnings
As the company is ramping up renewable energy capacity additions, its shares outperformed the benchmark index for a second consecutive calendar year
