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SECTOR | 29 Oct 2024, 04:26PM

Coal, Power ministries plan winter coordination to prevent power shortages

Business Standard

While summer marks peak power demand across the country, with aggregate demand going beyond 250 GW on some days this year, winter highs also need to be watched

UK firm Low Carbon sells 6 GW battery storage portfolio to S4 Energy

Business Standard | 29 Oct 2024, 11:48AM 3 more

Energy and Power

SECTOR | 27 Oct 2024

Geopolitics behind India's proposed 31,000-cr Andamans-Paradeep subsea power link

Business Line

The project is an idea that makes one wonder whatever for, because the demand for electricity in the Bay of Bengal islands is less than 100 MW today

Energy and Power

SECTOR | 27 Oct 2024

Govt to push green energy plans, will list ALMM for solar PV cells by 2026

Business Standard

The government is planning to introduce an Approved List of Models and Manufacturers (ALMM) for solar cells on the lines of module manufacturing to boost India's transition towards green energy. The government is aiming to make the second list (List II) under the ALMM for solar PV cells effective April 1, 2026. The government introduced the ALMM order (List I) in 2019 for solar modules to boost the manufacturing and usage of made-in-India solar panels. It was made mandatory to source PV modules from models and manufacturers included in the ALMM List I. According to an office memorandum of the Ministry of New and Renewable Energy, the ALMM order dated January 2, 2019, specified models and manufacturers of solar PV modules, whereas List-II will identify and include models and manufacturers of solar PV cells. However, to date, List II of solar PV cells has not been issued because the installed capacity of solar PV cells in the country was lower than the demand, the government document

Energy and Power

SECTOR | 25 Oct 2024

ADB commits $434.25 million loan to improve energy security in Assam

Business Standard

The Asian Development Bank (ADB) has approved a USD 434.25 million (about Rs 3,600 crore) loan to increase renewable energy capacity and improve energy security in Assam. Addressing the renewable energy capacity shortage in Assam is crucial to meet growing demand and reduce dependency on fossil fuels, ADB said in a statement on Friday. This project will help Assam develop a renewable energy road map and increase its solar energy capacity to achieve its target of 3,000 megawatts (MW) by 2030, it said. The Assam Solar Project will construct a grid-connected solar photovoltaic (PV) facility in Karbi Anglong district with a capacity of 500 MW, it said, adding the project will support the development of a grid-connected battery energy storage system to ensure grid stability and meet peak power demand. This storage system will be established through a joint venture between the Assam Power Distribution Company Limited (APDCL) and the Oil and Natural Gas Corporation Ltd. Tripura Power Comp

Energy and Power

SECTOR | 25 Oct 2024

Serentica Global plans to set up 10 GW renewable energy projects in Andhra Pradesh

Business Line

This was disclosed in a meeting of AP Minister for Education, IT and Electronics Nara Lokesh with representatives of the Vedanta Group subsidiary at the company's office in Mumbai on Thursday

Energy and Power

SECTOR | 24 Oct 2024

India, Asean can work on policy framework for green energy transition: CERC

Business Standard

India and ASEAN can work together to create a regional policy framework for green energy transition with increasing usage of small modular nuclear reactors, a senior official of Indian power sector regulator CERC has said. According to Harish Dudani, Member, Central Electricity Regulatory Commission (CERC), the ASEAN (Association of Southeast Asian Nations) region provides a lot of opportunities for mutual cooperation to make low-carbon energy transition less disruptive. "ASEAN countries, including India, are showing increasing interest in Small Modular Nuclear Reactors (SMRs) as part of their broader strategy to diversify energy sources and meet growing energy demand while reducing carbon emissions," Dudani said at the ongoing Singapore International Energy Week. SMRs can be deployed in smaller, more localised grids, particularly in remote or rural areas where traditional large nuclear reactors are not feasible. This could be a significant advantage for the ASEAN region, where...

Energy and Power

SECTOR | 23 Oct 2024

Tamil Nadu projects a potential for 1.4 GW in wind repowering in the near term

Business Line

The Tamil Nadu government has recently introduced its Repowering, Refurbishment, and Life Extension Policy for Wind Power Projects 2024

Wind energy sector set for 10 GW annual capacity growth by 2026 amid challenges

Business Line | 23 Oct 2024

Energy and Power

SECTOR | 23 Oct 2024

IREDA Share Price Falls For Seven Days And Hit Nearly FourMonth Low

NDTV Profit

Indian Renewable Energy Development Agency's share price declined 5.54% to Rs 199.52, the lowest level since June 26.

Energy and Power

SECTOR | 23 Oct 2024

JSW Energy subsidiary inks 700 MW solar power deal with SECI

Business Line

The agreement, announced on October 23, 2024, sets the power tariff at 2.56 per kilowatt-hour for a 25-year period

JSW Energy Arm Signs 25-Year Power Purchase Deal With Solar Energy Corp

NDTV Profit | 23 Oct 2024

Energy and Power

SECTOR | 22 Oct 2024

Rajasthan govt signs Rs 3 trillion green energy agreement with UAE

Business Standard

The Rajasthan government has signed an initial agreement with the United Arab Emirates for an investment of Rs 3 lakh crore in the field of renewable energy in the state. Officials said that the signing of the Memorandum of Understanding (MoU) was done in the presence of Chief Minister Bhajanlal Sharma and Investment Minister of UAE Mohammad Hassan Al Suwaidi. This investment will be made for setting up solar, wind and hybrid projects of 60 GW capacity in the western districts of the state. Chief Minister Sharma said that the central government has set an ambitious target of producing 500 GW of solar energy in the country. To achieve this target, Rajasthan will have to install 250 GW solar plants. He said that this partnership with UAE will prove to be an important step in achieving this target. This project will bring the desired change in energy production, according to an official statement. UAE Investment Minister Suwaidi and Principal Secretary of the Industry Department Ajit

SECI plans to bid for state projects to meet 10 GW renewable energy target

Business Standard | 22 Oct 2024