State-run power giant NTPC and upstream oil firm ONGC have planned to boost the development of offshore wind energy in India, which is blessed with a coastline of about 7,600 km surrounded by water on three sides and has good prospects of harnessing this clean source. Earlier in May last year, NTPC and ONGC had […]
Category: Power
Power
Rajasthan govt looks to make state leader in renewable energy: CM Ashok Gehlot
The Rajasthan government is looking to make the state a leader in the renewable energy sector, Chief Minister Ashok Gehlot said on Friday. To accelerate the projects related to the development of renewable energy, the state government has implemented the Rajasthan Solar Energy Policy-2019 and Solar-Wind Hybrid Energy Policy-2019, Gehlot said in a statement. He […]
NTPC plans Rs 2.5 lakh crore investment on renewable energy
Betting big on green power, country’s largest power producer NTPC proposes mega listing of its renewable energy subsidiary next fiscal to raise resources to fund its massive clean power play. Sources in government said that the power generator will be investing close to Rs 2 lakh crore to Rs 2.5 lakh crore over the next […]
NHPC challenges additional tax on hydel projects in Uttarakhand in HC
NHPC, the largest hydropower generator in India, has filed a special appeal in the Uttarakhand high court (HC), challenging the judgment issued by a single bench judge in February, which upheld the state’s right to levy additional tax on hydropower projects. After hearing the matter on Friday, the division bench of Chief Justice RS Chauhan […]
Power regulator puts off enforcing new rooftop solar norms till Sept 15
The state electricity regulator extended the implementation date of new net metering norms for solar rooftop projects that restricts the benefits only to the household consumers and bars commercial projects having more than 10 kilowatt capacity. The new norms were to kick off from July 1. As per the order issued by Rajasthan Electricity Regulator […]
Power generator NTPC plans IPO for Rs 2.5 trn expansion of renewables biz
State-run NTPC Ltd., India’s largest power generator, aims to take its renewables unit public to help fund a 2.5 trillion rupees ($34 billion) clean energy expansion, according to a company official with knowledge of the plans. The New Delhi-based producer wants to list its NTPC Renewable Energy Ltd. unit in the next fiscal year, which […]
Hinduja Group formally launches EV making arm Switch, sets up new team
Switch Mobility, the newly formed electric vehicle firm backed by the Hinduja Group said on Friday that it is formally launching the company by merging the electric commercial vehicle operations of Ashok Leyland and the former Optare Company as it seeks to secure a leading global position in net zero carbon buses and light commercial […]
Delhi’s peak power demand crosses 7,000 Megawatt for the third time
The national capital’s peak power demand crossed 7,000 MW on Thursday. Around 3.30 p.m., Delhi’s peak power demand clocked this season’s highest of 7,026 MW. This is only the third year in Delhi’s power history that the peak power demand has crossed 7,000 MW. In 2018, the peak power demand had crossed the 7,000 MW […]
Andhra Pradesh urges Telangana to stop power generation at hydel projects
The decision of Telangana government to continue generation of hydel power at major inter-state irrigation projects, Srisailam, Nagarjunasagar and Pulichintala, has escalated tension between AP and Telangana prompting both states to deploy police forces at the project sites on Thursday. Although the police forces have confined to the protection of key installations at the projects, […]
Power consumption grows nearly 10 pc to 115.39 BU in June
Power consumption in the country grew by nearly 10 per cent in June to 115.39 billion units (BU) compared to a year ago, but is still lower than the pre-COVID level, according to power ministry data. Power consumption had slumped to 105.08 BU in June 2020, mainly due to fewer economic activities amid COVID-induced restrictions. […]
Govt gives extension to renewable projects delayed due to Covid
The government has extended relief to renewable sector amid the second wave of Covid-19 pandemic by allowing an extension of two-and-a-half months for power projects with commissioning dates between April 1 and June 15, 2021. The Ministry of New and Renewable Energy (MNRE) has notified the changes that will prevent developers from being charged penalty […]
Gail eyes 1 GW renewable energy capacity, to set up biogas, ethanol plants
GAIL (India) Ltd will invest about Rs 5,000 crore to build a portfolio of at least 1 gigawatts of renewable energy and set up compressed biogas as well as ethanol plants as it steps up efforts to expand the business beyond natural gas. As part of a push to embrace cleaner forms of energy, GAIL […]