Are higher gas prices here to stay?
The fact that backwardation has kicked in a month earlier tells you that gas prices are unlikely to break record highs
Power Ministry announces scheme to procure 4,500 MW electricity supply for five years
This scheme is expected to help the states that are facing power shortage and also help generation plants increase capacity
Renewable energy push must ensure a just transition in power mix
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
Coal India clocks 400 MT production in record time
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.
Why green energy stocks fail to click with investors
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
For IEX investors, a buyback may provide limited relief
Increased competition in the core electricity trading business is leading analysts to fear it may cede market share to new entrants
LIVE | Tata Power MD & CEO Praveer Sinha On Energy Crisis Impact, Renewable Energy & Divestment Plans
Tata Power MD & CEO Praveer Sinha talks exclusively to Moneycontrol about how the power sector can be financially viable, whether the cost of power will stabilise in the long run and how India can make renewable energy more robust so as to avoid the impact of global changes. He also speaks about the company's divestment plans - watch!
Rewiring power transmission — insulate it properly
While the introduction of the GNA framework is a welcome move, any apprehension about the accompanying connectivity rules needs to be addressed
Power minister RK Singh launches Green Energy Open Access Portal
Union power minister RK Singh said India is contributing only 3.5 percent to the global emission despite having about 17 percent of world population and India is leading the clean energy transition globally and has the fastest growth of RE capacity addition.
Indian Oil aims to restart naphtha cracker by mid-December
The naphtha cracker at IOC's Panipat plant annually consumes about 2.3 million tonnes of naphtha and produces 857,000 tonnes of ethylene.
Tata Power Renewable Energy to set up 150MW solar project in Maharashtra
With this, the total renewables capacity of TPREL will reach 5,786 MW with an installed capacity of 3,877 MW (Solar - 2,949 MW & Wind - 928 MW) and 1,909 MW under various stages of implementation.
Govt extends bioenergy programme to FY26, to provide Rs 858 crore for Phase-I
The National Bioenergy Programme will include three sub-schemes— Waste to Energy Programme (Rs 600 crore), Biomass Programme (Rs 158 crore) and Biogas Programme (Rs 100 crore)
Coal ministry launches biggest ever coal mine auction of 141 mines
Of the 141 mines that were put up for auction in the sixth round of commercial auctions, 71 were new coal mines. Union coal minister Pralhad Joshi also announced that in the current fiscal, India’s coal dispatch would hit 900 MT for the first time.
Government identifies 10 states for green hydrogen manufacturing: MNRE officials
The government has identified 10 potential states that could be the key enablers in manufacturing green hydrogen in India to kickstart its National Green Hydrogen Mission, said two officials aware of the development. These include Karnataka, Odisha, Gujarat, Rajasthan, Maharashtra, Tamil Nadu, Andhra Pradesh, Kerala, Madhya Pradesh and West Bengal.
NTPC to award contracts for 4.8GW coal power projects in next three years
The government has asked NTPC Ltd to add capacity in the order of 7,000 plus MW (7 GW). NTPC will be spending about Rs 50,000 crore on these five projects (including Talcher), which comes to an annual CAPEX of about Rs 12,000 crore on coal power projects.
MC Interview | JSW Energy CEO Prashant Jain says company to add at least 2.6 GW capacity in next 14 months
Thermal coal prices would not fall below $100 for a long period of time, Prashant Jain said, adding that a number of other challenges would be seen in the solar sector, which would push the power tariff higher. Here are edited excerpts from the interview.
Prices of solar equipment have begun to decline: Tata Power CEO
Similarly, prices of balance of plant including steel, copper and aluminum had gone up in the last three-four months. In fact, their prices now have come down by nearly 25 percent, said Praveer Sinha
Tata Power board approves appointment of ex-home secretary Rajiv Mehrishi as independent director
Mehrishi, a retired 1978-batch IAS officer, had served as the Union home secretary between 2015 and 2017, followed by a tenure as the Comptroller and Auditor General of India which lasted till August 2020.
70 million people may not be able to afford electricity; 100 million may give up cooking with clean fuels, warns IEA
In the transition to cleaner energy, ensuring affordability for poor households will be critical to gaining widespread public acceptance and avoiding a social backlash
World Energy Outlook 2022: Coal generation, oil imports to peak in India by 2030 despite growth in renewables
Coal generation is projected to expand in absolute terms in the stated policies scenario, peaking around 2030, though its share of electricity generation will fall from below 75 percent to 55 percent over this period.
In the rush to switch to EVs, it is important to focus on clean electricity
As EV adoption increases, the overall increase in electricity consumption would inflict pressure on power availability for all, and increase the power tariff as well
Renewable energy faces short-term challenge from global response to energy crisis amid Russia-Ukraine war: International Solar Alliance chief
"I don’t think the freight choke point is going to disappear in the near future. So, I expect the uptick (in solar manufacturing costs) to continue till about 2024-2025.
Jackson Green joins hands with Rajasthan govt to set up 0.36 million ton green hydrogen plant
The full vision document of the National Hydrogen Mission policy on green hydrogen and green ammonia is likely to be unveiled in the next two months
For faster coal transportation, ministry take up 68 First Mile Connectivity projects
The ministry has undertaken 51 FMC projects of 522 million tonne per annum (MTPA) capacity at a cost Rs 18,000 crores.
