The Maharashtra State Power Generating Company (MAHAGENCO) has decided to boost the supply of medical oxygen for COVID-19 patients from its various plants, state Energy Minister Nitin Raut said. On April 30, the Khaparkheda Power Station of MAHAGENCO handed over 25 of its oxygen cylinders to the Bhandara district collector for COVID-19 patients, he said […]
Category: Power
Power
India’s power consumption increases 41% to 119.27 bn units in April
Power consumption in the country grew 41 per cent in April to 119.27 billion units (BU) in the same month last year, showing robust recovery in industrial and commercial demand of electricity, according to power ministry data. Power consumption in April last year was recorded at 84.55 BU. On the other hand, peak power demand […]
Ride-hailing giant Gojek to shift to electric vehicles by 2030
Indonesian ride-hailing startup Gojek plans to make every car and motorcycle on its platform an electric vehicle (EV) by 2030 through partnerships with manufacturers and favourable leasing arrangements, co-Chief Executive Kevin Aluwi told Reuters. Gojek announced the plan on Friday under a zero-emission pledge laid out in its first annual sustainability report, which analysts widely […]
Power Grid InvIT issue subscribed 10% on first day
The IPO of the infrastructure investment trust, sponsored by Power Grid Corporation of India, got off to a slow start on Thursday as the issue was subscribed 10 per cent by the end of the bidding process on Day 1. This kind of issues usually see major subscription by HNIs and institutional investors only on […]
Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
The proliferation of lockdown restrictions across many states in the country, amid the second wave of Covid-19 infections, could adversely impact the electricity demand growth prospects in FY2022, rating agency ICRA said. Based on the data available from POSOCO for April 1 to April 25, 2021, the electricity demand is higher by 40.4 per cent […]
JSW Energy uprates its Karcham Wangtoo hydro power plant to 1091 MW
JSW Energy on Friday said that Central Electricity Authority has approved the uprating of its Karcham Wangtoo hydro power plant to 1,091 megawatt (MW) from 1,000 MW. This capacity uprating has been done by 9 per cent to 1,091 MW without any additional capital expenditure, and is a significant boost to the earnings potential of […]
Global EV sales accelerating, but government help needed – IEA
Global electric vehicle (EV) sales picked up speed in the first quarter, but more government action is needed on charging stations and fossil-fuel vehicle bans to keep the momentum going, the International Energy Agency (IEA) said on Thursday. “We still see no sign of a slowdown in global electric car markets,” said Timur Gul, head […]
Maharashtra : Aurangabad joins campaign to reduce carbon emission
Aurangabad is among five cities from Maharashtra who will join the ‘Race to Zero’ campaign aimed at achieving net zero carbon emission. The other cities include Mumbai, Pune, Nagpur and Nashik, civic authorities said, referring to latest announcement by state environment minister Aaditya Thackeray. The global campaign by cities which are committed to achieving net […]
Wind energy industry set to create 3.3 million jobs globally by 2025
The global wind energy industry is set to grow at a 4 per cent Compounded Annual Growth Rate (CAGR) through 2025, with additional 470 Gigawatt (GW) of capacity creation, helping create 3.3 million jobs over the period, according to a new report by the Global Wind Energy Council (GWEC). “The additional 470 GW of wind […]
Power ministry asks states to vaccinate power sector employees on priority
The Union Ministry of Power has written to all states asking them to consider power sector employees as front line workers and vaccinate them on a priority basis. “Since the government had allowed vaccination of all individuals, I would like to request you to kindly arrange and facilitate special vaccination drive on first priority across […]
Italy to produce 70-72 per cent of power from renewables in 2030 to reach EU targets
Up to 72 per cent of Italy’s electricity will have to be produced with renewable sources in 2030 in order for the country to reach the European emissions-reduction target of 55 per cent by that year, Italy’s Ecology Transition Minister said on Wednesday. “In 2030, 70-72 per cent of electricity will have to be produced […]
COVID-19: Second wave could delay 4 GW of solar, wind projects under 3-4 months extension
The recent surge in COVID-19 cases across the country has pushed several states under curfews and lockdowns, which is expected to result in project commissioning delays for solar projects, according to industry analysts. According to Jyoti Gulia, founder, JMK Research, if the government grants solar developers another three to four month extension, an estimated 4 […]