
09 June 2021
HARNESSING ENERGIES IN UNIVERSE
A MAN’S OWN SELF IS HIS FRIEND, A MAN’S OWN SELF IS HIS FOE – BHAGAVAD GITA.
THE MIND IS ITS PLACE, AND IN ITSELF, CAN MAKE HEAVEN OF HELL, OR HELL OF HEAVEN- EMOTIONAL INTELLINGENCE
WHEN MIND IS WEAK Read More +

10 May 2021
Power market beats pandemic, April trade up 90.2 per cent YoY
New Delhi: Continuing its exceptional performance during the last fiscal, the electricity market at the Indian Energy Exchange entered the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent YoY growth.
Read More +
02 June 2020
Real-time power market will be ideal in dealing with variability and sudden demand surge: Rohit Bajaj, IEX
New Delhi: The 15-minute power trading window that will be available for companies engaging in spot electricity trade at the Indian Energy Exchange (IEX) beginning 1 June will help market participants in times of high Read More +

02 June 2020
The Next Phase of India’s Renewable Energy Transition
In the midst of the coronavirus crisis, 2020 is shaping up as a pivotal year in India’s transition toward renewable energy. Over the prior decade, India dramatically accelerated its deployment of wind and solar power (see figure 1). Now it m Read More +

02 June 2020
OPINION: RTC Renewable Energy as the new normal - Learnings from Karnataka and Tamil Nadu
New Delhi: Recent months have seen several unprecedented events affecting the society as well as the economy. The energy sector has witnessed a sharp dip in its demand, impacting the utilities all along the value chain. Phase-I of the lo Read More +

02 June 2020
Power minister proposes a new scheme worth Rs 3 lakh crore to finance commission
Power minister RK Singh proposed a new scheme for the power sector amounting to Rs 3 lakh crore spanning five years, in his meeting with the 15th Finance Commission (FC) on Friday.
Offic Read More +

27 May 2020
Round-the-clock renewable energy tenders worry developers
Bengaluru: Renewable energy developers are uneasy about the government’s recent focus on round-the-clock solar and wind tenders, as they feel this may not be workable in practice.
The ministry of new and renewable Read More +

25 May 2020
MNRE may now hold auctions only for RTC and hybrid projects
Green energy developers in India have been supplying whatever power they generate right away to the grid, and since most have not invested in storage facility, the supply is intermittent. Continuous supply requires setting up of storage batteries, Read More +

20 May 2020
Siemens says parent transfers 24 per cent stake in company to energy subsidiary
New Delhi: Siemens India’s promoter group rejigged its holding in the company as the German parent Siemens AG transferred 24% stake in the Indian arm to subsidiary Siemens Gas and Power Holding BV in line with the conglomerate Read More +

23 December 2019
India to be largest energy growth market by 2030 Dharmendra Pradhan
NEW DELHI: India will overtake China as the largest growth market for energy in volume terms by 2030, Oil Minister Dharmendra Pradhan said on Friday. India, Asia's second biggest energy consumer since 2008, had in 2015 over Read More +

23 December 2019
SBI Chairman identifies solar, city gas, oil as bright spots for funding
NEW DELHI: SBI Chairman Rajnish Kumar on Saturday stressed that there is an adequate availability of funds with the banking system but he does not find enough projects where investment is being sought.

20 December 2019
Thermal power plants in Koradi, Nashik among 12 NPAs in country
Nagpur: State-owned Koradi Thermal Power Station (KTPS) is among the country’s 12 non-performing assets in thermal power sector, reveals latest analysis by the Institute for Energy Economics and Financial Analysis (IEEFA) Read More +

20 December 2019
Rajasthan launches new policies for solar, wind and hybrid energy
Jaipur: The Rajasthan government on Thursday launched new schemes and policies to promote industrial development, investment, solar energy, wind energy and small scale industries in the state.
Chi Read More +

16 December 2019
Societies under Pradhanmatri Aawas Yojna all set to go green
RAJKOT: The housing societies built for the people of lower income group under the Pradhanmatri Aawas Yojna (PAY) are all set to go green. The Rajkot Municipal Corporation (RMC) on Saturday begun a pilot project with insta Read More +

16 December 2019
Nagpur More energy to renewables, more power to coal plants too
Nagpur: In his speech at the United Nations COP25 climate summit last week, Union environment minister Prakash Javadekar announced that India was close to halfway towards meeting its 2022 target of installing 175GW renewab Read More +

09 December 2019
Temple in Gujarat switches to solar power, uses saved money to fund college
Surat: In a bid to save on electricity usage, the management of Badrinarayan temple in Gujarat's Surat district has switched to using solar power for managing shrine's energy consumption and are utilising the money thus Read More +

09 December 2019
Independent power producers allowed to use Coal India supplies across plants
KOLKATA: Independent power producers will now be allowed to use contracted fuel supply from Coal India at any plant run by the same group, a senior executive at the state-run firm said.
This is expecte Read More +

03 December 2019
Power ministry unveils norms for allocating coal linkage to plants without PPAs
New Delhi: Power plants not having power purchase agreements (PPAs) will start getting coal supplies or linkages under auctions from Coal India Ltd and Singareni Collieries Company Ltd in few months, which would help Read More +

03 December 2019
Coal India ranks 8th on world's top 20 carbon emitters
New Delhi: Coal India has been ranked eighth on the list of top 20 companies responsible for global carbon emissions from 1965-2017, according to a recent dataset released by US-based Climate Accountability Institute.
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25 November 2019
Inox Wind zooms over 13% after SECI grants extension for Gujarat project
New Delhi: Inox Wind shares on Monday surged over 13 per cent after the company got an extension from SECI for commissioning of a wind power project in Gujarat. Shares of the wind energy solutions provider were t Read More +

25 November 2019
Coal India fetches 62 per cent premium at spot auctions in October
Kolkata: Coal India has managed to command a premium of 62% premium over notified prices for coal sold through spot e-auctions conducted in October. During September the company managed to fetch 82% premium over notified prices Read More +

19 November 2019
Cairn Oil and Gas second quarter production disappoints; Cuts FY20 guidance
New Delhi: Vedanta-owned Cairn Oil and Gas, the country’s largest upstream player in the private sector, has posted a 4 per cent decline in average gross production to 178,744 barrels of oil equivalent per day (boepd) during the second Read More +

19 November 2019
PM Narendra Modi asks cabinet secretary to sort green corridor’s land, forest issues
New Delhi: Prime Minister Narendra Modi has deputed cabinet secretary Rajiv Gauba to resolve issues of land, right of way and forest clearances that Modi said at a recent meeting were hampering the progress of the government&rs Read More +

15 November 2019
Trump energy pick faces questions on coal, nuclear power
WASHINGTON: President Donald Trump's pick to run the U.S. Energy Department faced questions on emissions from energy operations and the future of nuclear power at his U.S. Senate confirmation hearing on Thursday, but was greeted warmly by Read More +

15 November 2019
Govt mulling to cut stake in IOC to below 51 percent
New Delhi: The government may cut its stake to below 51 percent in the Indian Oil Corporation, ET NOW reported quoting agencies. ET Now in a report said the government is looking to become a minority shareholder in the company. It c Read More +

13 November 2019
India to invite foreign firms to invest in state-owned oil companies
ABU DHABI: International energy firms will be invited to participate in India's privatisation of state-owned oil companies, the country's Oil Minister Dharmendra Pradhan said late on Monday.
Pradhan said Read More +

13 November 2019
Renewables to account for 55 percent of energy mix by 2030 Minister
New Delhi: Power minister R K Singh told a meeting of BRICS energy ministers. He said the country will also exceed its target of installing 200 GW of renewable energy capacity in 2022.
India has already installe Read More +

07 November 2019
Solar developer can set up higher generation capacity than contracted MNRE
New Delhi: The renewable energy ministry on Wednesday clarified that solar energy developers can install additional direct current (DC) capacity which can be higher than the contracted alternate current (AC) capacity. Read More +

07 November 2019
Allocate 60,000 hectares for solar & wind park on priority, Centre tells Gujarat
GANDHINAGAR: The central government on Wednesday directed the state government to hasten the allocation of 60,000 hectares of land for the solar and wind park project in Kutch district. The project is expected to attract an&nbs Read More +

02 November 2019
Coal India advances target for one billion tonnes production by two years to 2024
KOLKATA: Coal India has decided to advance its target year for achieving an annual production capacity of one billion tonnes by two years -- 2024.
The company was earlier planning to achieve the target by 2019-2 Read More +

02 November 2019
Germany ready to provide 1 billion euros to India for green urban mobility
NEW DELHI: India and Germany on Friday agreed to provide financial support to climate initiatives aimed at reducing greenhouse gas emissions, with the latter expressing its readiness to provide one billion euros to India for green urban Read More +

31 October 2019
Nuclear Power Corp of India says detected malware in its systems
NEW DELHI: State-run Nuclear Power Corp of India Ltd (NPCIL), which runs nuclear reactors across the country, said on Wednesday it had identified malware in one of its computers last month but its plant systems were u Read More +

31 October 2019
Regulator weighs moving to gas entry-exit tariff model
NEW DELHI: The Petroleum and Natural Gas Regulatory Board (PNGRB) is considering a gas transmission tariff reform that would allow the tariff to be fixed separately for each entry and exit point of the pipeline, a shift from the current Read More +

11 October 2019
India's thermal coal import likely to cross 200 million tonne in 2019-20
NEW DELHI: The country's overall thermal coal import is likely to cross the 200-million tonnes (MT) mark in the current financial year, according to Icra.
"Thermal coal imports expected to cross 200 MT in Read More +

11 October 2019
Climate change may cause water scarcity for India's power plants: Study
Washington: Climate change and over-tapped waterways may leave developing countries in Asia, such as India and China, without enough water to cool power plants in the near future, according to a study.
The stu Read More +

09 October 2019
Solar energy: 29 govt colleges pay zero sum on electricity
Jaipur: Taking a major leap in harnessing solar power, state’s 29 government colleges are fulfilling their 100% power needs through solar energy. The solar panels were set up in these colleges in 2017-18 under the previous governme Read More +

09 October 2019
Coking coal shipments rise 15 per cent to 29 MT at 12 state-run ports in Apr-Sept
New Delhi: Coal shipments handled by India's 12 major state-run ports during April-September rose by 15.25 percent to 29.29 million tonnes (MT), according to a ports' body. The state-run ports had handled 25.41 MT of coking Read More +

07 October 2019
Delhi's power discoms penalised for defaulting on green power obligations
NEW DELHI: Delhi's power regulator DERC has imposed penalties to the tune of Rs 1.71 crore on discom TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on renewable energy purchase obligations (RPO) for three fina Read More +

07 October 2019
Govt launches portal for improving coal supply coordination to power plants
New Delhi: The government on Thursday launched a portal for transparency and better coordination among stakeholders, including Coal India Ltd, Indian Railways, power utilities and, ministries of coal and power, for coal supplies to Read More +

04 October 2019
Tamil Nadu: As dams fill up, hydro power generation rises
CHENNAI: For the first time in years, more power was generated by hydel stations in the state than thermal power plants on Saturday. In fact, green power — hydro, wind, solar and biomass — generation was close to ha Read More +

04 October 2019
India’s oil imports from Iraq jumped 53 per cent in August
New Delhi: Sanction-hit Iran’s fear of losing market share to other members of the Organization of Petroleum Exporting Countries (OPEC) seems to be coming true with one of its biggest buyers – India - gradually turning towards Ira Read More +

02 October 2019
India bets big on EVs in push for green transport
New Delhi: The electrification of two-wheelers and buses in India has already picked up the pace, but the country also wants to become a major market for electric cars by 2030. The target is to have 30 percent of all cars on the road to be EVs. Read More +

02 October 2019
India shelves plan on countrywide ban on single-use plastic products
NEW DELHI: India has held off imposing a blanket ban on single-use plastics to combat pollution, officials said on Tuesday, a measure seen as too disruptive for the industry at a time when it is coping with an economic slowdown and job losses.
Read More +
30 September 2019
Infosys wins UN Global Climate Action Award for 'carbon neutral now' category
Bengaluru: Digital services and consulting major Infosys has won the United Nations Global Climate Action Award in 'carbon neutral now' category, becoming the only Indian corporate to earn the recognition for its effort Read More +

30 September 2019
Saudi Arabia to invest $100 billion in India in petrochem, infra, mining
New Delhi: Saudi Arabia, the world's biggest oil exporter, is looking at investing USD 100 billion in India in areas of petrochemicals, infrastructure, and mining among others, considering the country's growth potential.
Read More +
27 September 2019
Submit report on pollution due to fly ash in Faridabad- NGT
New Delhi: The National Green Tribunal has sought a report on a plea alleging release of fly ash in the environment by a thermal power plant operated by the Haryana Power Generation Corporation Limited in Faridabad di Read More +

27 September 2019
Gujarat- Vadodara leads in solar rooftop power applications
Vadodara: Barodians are becoming quick to embrace renewable energy. State energy minister, Saurabh Patel revealed on Thursday that Vadodara tops the list of cities in Gujarat that have registered for the rooftop solar installat Read More +

25 September 2019
Tata Power decommissions 500-MW unit at Trombay in Mumbai citing high cost
MUMBAI: Tata Power Company has decommissioned ‘Unit 6’ of 500 megawatts at its Trombay thermal power plant in Mumbai, citing the high cost of generation and its inability to get a power purchase agreement after the Read More +

25 September 2019
ED attaches Rs 20 cr assets of private firm, its director in coal block allocation scam
Satna (Madhya Pradesh): The Enforcement Directorate (ED) has attached movable and immovable assets worth Rs 20.22 crore of Revati Cements Pvt Ltd (RCPL) and its director under Prevention of Money Laundering Act (PMLA) in coal b Read More +

23 September 2019
MP govt plans to privatise power to cut down losses
Bhopal: The state government is gradually trying to implement its plan to privatize power in the state. In the past 20 days, two major firms have given a presentation before the government and suggested their models that could help the g Read More +

23 September 2019
Gujarat to generate 30,000 Mw of renewable energy by 2022, says minister
Bharuch/Surat: Gujarat plans to generate 30,000 megawatts of renewable energy by 2022 and hence the state government is coming up with several reforms and initiatives in the renewable energy sector, energy minister Sa Read More +

20 September 2019
Telangana- Coal miners to get Rs 1 lakh for Dasara
HYDERABAD: The Telangana government has announced Rs 1 lakh bonus as a Dasara gift to workers and employees of Singareni Collieries Company Limited (SCCL), a coal mining company jointly owned by the state an Read More +

20 September 2019
Karnataka offers lower power tariff & timely plot possession to attract business
Kolhapur: Industrialists and entrepreneurs from Kolhapur and Sangli districts have evinced interest in expanding their businesses to Karnataka after meeting Jagdish Shetter, the industries minister of the southern sta Read More +

18 September 2019
Solar power cheaper in Telangana now- Minister
Hyderabad: Energy minister G Jagadish Reddy on Tuesday said the Telangana government was studying the latest available technologies to store solar energy in the state.
The minister, while replying to questions from TRS& Read More +

18 September 2019
Russia's largest petroleum firm Rosneft to increase investment in Nayara Energy project
New Delhi: Russia's largest petroleum company Rosneft on Tuesday committed to increasing its investments at its petrochemical unit in Vadinar refinery for the development of Nayara Energy project in Gujarat.
Read More +
16 September 2019
Power generation cos outstanding dues on discoms rises by 57 per cent to Rs 73,748 crore in July
New Delhi: The outstanding dues of distribution utilities from power producers have risen by more than 57 percent to Rs 73,748 crore in July 2019 compared to the same month last year, showing stress in the sector. According to PRAA porta Read More +

16 September 2019
India gifts solar panels to UN, one each for 193 member states
New Delhi: Signifying its commitment to sustainability and climate action, India has gifted solar panels -- one each for the 193 UN member states -- that are being installed on the roof of the United Nations headquarters here.
Th Read More +

13 September 2019
Solar plant encroaching on irrigation canals- TN Farmers
Tirupur: Farmers of Amanthakadavu village in Tirupur district have alleged that a private company has encroached on irrigation canals and poramboke lands to set up a solar plant.
The district rural development agen Read More +

13 September 2019
India's diesel demand in August falls to a 10-month low
New Delhi: A broad decline in automobile sales coupled with excess rainfall and floods in some parts of the country may have finally caught up with diesel demand in India, which fell to its lowest level in 10 months to 6,116 Thousand Metric Tonne Read More +
12 September 2019
India's fuel demand rose 2.8 percent year-on-year in August
New Delhi: India's fuel demand rose 2.8 percent in August compared with the same month last year.
Consumption of fuel, a proxy for oil demand, totaled 17.04 million tonnes, data from the Petroleum Planning and Analy Read More +

12 September 2019
Arunachal Pradesh- 7 district headquarters reeling under power crisis
ITANAGAR: Headquarters of seven districts of eastern and central Arunachal Pradesh has been reeling under severe power crisis for three days due to a fault in a transmission line, a senior power department official said here on Read More +

09 September 2019
Dharmendra Pradhan in Moscow where the Indian oil minister was holding the last round of Sherpa talks for the 20th bilateral summit between prime minister Narendra Modi and president Vladimir Putin at Vladivostok next week.
TOI’s Sanjay Dutta caught up with Dharmendra Pradhan in Moscow where the Indian oil minister was holding the last round of Sherpa talks for the 20th bilateral summit between prime min Read More +

09 September 2019
Kerala State electricity board invites E Tender for roof top solar project
Thiruvananthapuram: The Kerala State Electricity Board has invited e-tenders for the 200MW rooftop solar power project aimed at enhancing the state's renewable energy generation capacity in the future. Read More +

05 September 2019
India’s coal-based power capacity at risk from rising renewables, water shortages
New Delhi: India’s coal-based power generation capacity is facing increasing pressure due to the rise of low-cost renewables, over-capacity and water shortages, according to a report released today by the Institute for Energy Econo Read More +

05 September 2019
India, Russia decide to expand bilateral trade to $30 bn by 2025
Vladivostok: India and Russia on Wednesday decided to step up industrial cooperation and create new technological and investment partnership, especially in advanced high-tech areas, with an aim to increase bilateral trade to $30 billion by 20 Read More +

04 September 2019
Charging ahead? India's electric car revolution faces bumps
NEW DELHI: Paritosh Mitra, who drives a motorized rickshaw in Delhi, knows what he wants next and has saved 100,000 rupees ($1,390) to get it: an electric rickshaw.
But he won't buy one until it comes with all the basic Read More +

04 September 2019
Coal stocks at 47 power plants reach critical levels
KOLKATA: Coal stocks have fallen at as many as 47 thermal power plants, with total installed capacity of 67,000 mw, to be barely enough for up to six days. These include a dozen plants which have just two days’ stocks, eight t Read More +

03 September 2019
Nuclear power generation up 12 percent in Asia
KOLKATA: Nuclear power generation grew most rapidly in Asia, where generation increased 12%, up 56.3 TWh to 533.0 TWh, now more than one-fifth of global generation. Worldwide nuclear generation increased for the sixth successive year, re Read More +

03 September 2019
Air India may cancel some flights if fuel crisis continues
Pune: Air India may cancel its flights at affected airports if the ongoing fuel crisis continues. Senior employees of the national carrier said a decision will be reached at a meeting on Friday.
On Augus Read More +

29 August 2019
India's 2nd largest single-site oil refinery in Jamnagar gets CISF security cover
NEW DELHI: An armed contingent of over 100 CISF commandos has taken over counter-terror security duties at the country's second largest single-site oil refinery in Gujarat's coastal district of Jamnagar.
The ref Read More +

29 August 2019
Amit Shah flags off first fleet of eco-friendly electric buses in Ahmedabad
Ahmedabad (Gujarat): The ride in public transport buses in Ahmedabad will now be smoother and eco-friendly as Union Home Minister Amit Shah in the afternoon today flagged off the first fleet of eco-friendly electric buses Read More +

28 August 2019
India’s crude oil imports from Iraq, Nigeria, Saudi Arabia, and US jumped highest in Q1 FY2o
New Delhi: India has increased its reliance of crude oil from Iraq, Saudi Arabia, Nigeria, and the United States at a time when two of its major oil suppliers Iran and Venezuela are facing sanctions by the United States, fresh data published by co Read More +

28 August 2019
46,000 Mw of new renewable energy capacity to come up in Gujarat
New Delhi: Around 46,000 Megawatt (Mw) of fresh renewable energy generation capacity is likely to be set up in Gujarat by 2030 taking the share of green energy in the state's total capacity to 70 percent, according to a study re Read More +

26 August 2019
ONGC to drill 46 wells in Mehsana Asset at the cost of Rs 500 crore
New Delhi: Oil and Natural Gas Corporation (ONGC), the country’s largest producer of oil and gas is planning to drill 46 exploratory wells in 12 onshore Mining Lease (ML) blocks in Mehsana district in Gujarat at the cost of Rs 500 crore.&nbs Read More +

26 August 2019
13 UP districts to get 650 electric buses
BAREILLY: In an attempt to improve public transport and curb air pollution caused by vehicle emission, the UP government has decided to introduce battery-driven electric buses in the urban areas of as many as 13 districts.

23 August 2019
Solar power- India appeals against certain parts of rulings by WTO dispute panel
NEW DELHI: India is challenging certain parts of rulings given by the WTO's dispute settlement panel on a solar case against the US, according to a communication by the World Trade Organization. Though India has won this case against Read More +

23 August 2019
Environment Ministry relaxes lease rent on wind power projects
New Delhi: In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry on Thursday decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from Read More +

21 August 2019
Coal burning- India largest SO2 emitter in world, says Greenpeace
New Delhi: India is the world's largest emitter of anthropogenic sulfur dioxide, which is produced from coal burning, and greatly contributes to air pollution, a study claimed on Monday.
According to an analys Read More +

21 August 2019
Madhya Pradesh- Subsidised power scheme scope expanded, 1 cr to benefit
Bhopal: The Madhya Pradesh government has decided to provide electricity at Rs one per unit to all domestic consumers using up to 100 units every month, with an upper cap of 150 units.
The proposal was cleared at Read More +

19 August 2019
Solar power dispute- US appeals against WTO panel's ruling in favour of India
New Delhi: A ruling given by the WTO's dispute settlement panel on renewable energy or the solar sector in favour of India has been challenged by the US in the upper body of the World Trade Organization.

19 August 2019
India increases oil and gas bidding window to three times a year
New Delhi: In a bid to increase participation in India’s ongoing oil and gas bidding rounds held under the Open Acreage Licensing Programme (OALP), the government has now increased the Expression of Interest (EoI) submiss Read More +

16 August 2019
Coal India's 54 mining projects facing delays
NEW DELHI: State-owned CIL's 54 coal mining projects are facing delay due to various reasons such as contractual issues and delay in green clearances among others, the world's largest coal miner said. "A total of 1 Read More +

16 August 2019
ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain over 180 MT
NEW DELHI: State-owned CIL's 54 coal mining projects are facing delay due to various reasons such as contractual issues and delay in green clearances among others, the world's largest coal miner said. "A total of 1 Read More +

14 August 2019
Green projects hit but 60% of Rs 1 lakh crore in coal cess sits idle
NEW DELHI: More than 60% of the Rs 1 lakh crore collected through carbon tax on coal remains unutilized seven years after the levy was imposed to fund green energy transition, while transmission projects for upcoming solar and Read More +

14 August 2019
Govt planning mega renewable energy projects like UMPPs
New Delhi: The government is planning large renewable energy projects like the coal-based ultra-mega power project s (UMPPs) through the public-private-partnership route.
The renewable power projects may include any ren Read More +

12 August 2019
No bidders for NTPC's tender for 1,200 MW solar projects
BENGALURU: NTPC’s latest tender for solar projects for 1,200 MW found no bidder, the first total rejection by project developers since the navratna state firm started inviting bids for renewable energy, forcing it to extend the dea Read More +

12 August 2019
One year after safeguard duty was imposed, results have been disappointing
BENGALURU: One year after India imposed an additional import duty on solar cells and modules to stimulate local production and reduce dependence on imports, no new domestic manufacturing unit has been set up, according to a renewabl Read More +

09 August 2019
Govt sanctions 5,595 electric buses for 64 cities under FAME II
New Delhi: The Department of Heavy Industry has sanction 5,595 electric buses for 64 cities under the FAME India scheme's second phase to give a further push to clean mobility in public transportation, according to an offic Read More +

09 August 2019
PM Modi to inaugurate 3rd Global Renewable Energy Investors meet on Oct 30
New Delhi: Prime Minister Narendra Modi will inaugurate the third Global Renewable Energy Investors' Meet on October 30, an official said on Thursday. India is expecting an investment of $80 billion in 2-3 years in the  Read More +

07 August 2019
Power ministry brings mechanism for stressed projects for servicing debt in first place
New Delhi: The power ministry on Monday introduced mechanism 'Trust Retention Account' for certain stressed power plants to utilise their surplus after meeting operating expense, for servicing debt in the first place. In case the Read More +

07 August 2019
India raises cost of oil refinery project with Aramco by 36 per cent
NEW DELHI: India has increased the cost estimate of a giant refinery and petrochemical project to be jointly built with Saudi Aramco and Abu Dhabi National Oil Co by more than 36%, after protests by farmers forced the relocation of the p Read More +

05 August 2019
India’s electricity regulator proposes new power trading rules
New Delhi: India’s power sector regulator Central Electricity Regulatory Commission (CERC) has proposed new rules aimed at a complete overhaul of the power trading market in the country including changed net-wor Read More +

05 August 2019
India will have 330 GW of renewable energy capacity by 2030 Amitabh Kant CEO NITI Aayog
New Delhi: NITI Aayog CEO Amitabh Kant has said that India will have 175 gigawatt (GW) of renewable energy generation capacity by 2022 and 330 GW by 2030 provided power discoms become commercially-viable entities Read More +

02 August 2019
Three bio-CNG plants to treat 300 tonnes of bio-waste in Chennai
CHENNAI: Greater Chennai Corporation will bring down the quantum of organic and food waste entering its landfills by 300 tonnes by next month by setting up three bio-CNG plants that will bottle compressed natural gas produced from biowaste.
Read More +
02 August 2019
Hyderabad CM KCR reviews power sector, assures electricity body of support
Hyderabad: Chief Minister K Chandrashekhar Rao held a review meeting on the power sector at Pragathi Bhavan and assured that the government would give necessary financial support to the Telangana Electricity Organisations and w Read More +

01 August 2019
India expects coal-fired power capacity to grow 22 percent in three years
NEW DELHI: India's coal-fired power generation capacity is expected to rise by 22.4% in three years, the federal power ministry's chief engineer said on Wednesday, potentially neutralizing its efforts to cut emissions by boosting adoption Read More +

01 August 2019
Energy storage will attract 662 bn Dollars investments through 2040 China, US, India to lead the pack
New Delhi: Global energy storage installations are set to multiply exponentially, from a modest 9 Gigawatt (GW)/17 Gigawatt Hour (GWh) deployed as of 2018 to 1,095 GW/2,850 GWh through 2040 led by China, US, and India.
&n Read More +

29 July 2019
Govt prohibits mining of atomic energy minerals by private entities
New Delhi: The government has prohibited mining of atomic minerals by private entities and will grant operating rights to only state-run companies to "safeguard" strategic interest of the country, according to a gazette notification issu Read More +

29 July 2019
Indias renewable energy cost lowest in Asia Pacific WoodMac
India's levelised cost of electricity (LCOE) using solar photovoltaic has fallen to $38 per megawatt-hour (MWh) this year, 14% cheaper than coal-fired power that has traditionally been the cheapest source of power generation, WoodMac sai Read More +

25 July 2019
Government amends bidding guidelines for wind power projects
New Delhi: In a bid to fast-track wind energy projects, the Centre has made certain amendments to the bidding guidelines for such projects, according to an official statement. The amendments have been made based on the experience of bidding and co Read More +

25 July 2019
State owned gencos out of payment security mechanism Power Ministry
New Delhi: State-owned power generating plants would not be covered under the new payment security mechanism which mandates offering a letter of credit by distribution companies to electricity generators, the Union Power Ministry sa Read More +

24 July 2019
Thermal power to stay main energy source despite renewable push
New Delhi: Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so, Power and New and Renewable Energy Minister R.K. Singh s Read More +

24 July 2019
Gujarat tops India in rooftop solar power generation capacity
Ahmedabad: Gujarat has emerged as the state with the most rooftop solar panels installed.
According to data tabled in Rajya Sabha on Tuesday, Gujarat has an installed rooftop solar power cap Read More +

22 July 2019
Oil Ministry eyes Rs 6,000-crore viability gap funding for Northeast gas grid project
New Delhi: The oil ministry will soon approach the Cabinet for about Rs 6,000 crore in viability gap funding (VGF) for the proposed gas grid in the northeast. Indradhanush Gas Grid Ltd (IGGL), a joint venture of Indian Oil, ONGC, GA Read More +

22 July 2019
UP Over 6,000 incidents of snapping of live electricity wires in 2 years
LUCKNOW: UP witnessed over 6,100 incidents of snapping of live electricity wires often leading to loss of life and property in the last two years, energy minister Srikant Sharma informed the assembly on the second day of the monsoon sess Read More +

19 July 2019
Cabinet approves investments in India's largest hydropower plant
NEW DELHI: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has approved Rs 1600 crore expenditure on pre-inv estment activities and various clearances for Dibang Multipurpose Project in Arunachal Pr Read More +

19 July 2019
Govt invokes special powers to speed up power transmission lines for renewable energy
New Delhi: The government on Thursday invoked special powers to direct electricity regulator to clear transmission schemes identified for 66.5 Gigawatt capacity of renewable energy projects.
The directions under Read More +

17 July 2019
Power distribution plan soon to ensure 24X7 electricity supply for all
New Delhi: The government said Tuesday it is devising a consumer-centric electricity distribution plan to ensure round the clock power supply for all. The Power Ministry in a release said that till now, the government has been prepa Read More +

17 July 2019
India to launch rules to end gas distributors' monopoly in 34 cities
NEW DELHI: The Indian government is set to introduce rules in six months that could lead to the phase-out of monopolies controlled by natural gas distribution companies in 34 cities, including New Delhi and Mumbai, allowing many con Read More +

15 July 2019
Govt invokes special powers to save green projects worth Rs 40,000 crore
NEW DELHI: The government has invoked special powers under the Electricity Act of 2003, directing the Central Electricity Regulatory Commission (CERC) to clear a clutch of inter-state transmission lines under the public sector Read More +

15 July 2019
Govt wants ONGC to sell golf course in Ahmedabad that has oil wells
New Delhi: The government wants Oil and Natural Gas Corp (ONGC) to sell its golf courses in Ahmedabad and Vadodara in Gujarat, sending the company into a tizzy as one of them has two producing oil wells, sources said.
The Read More +

12 July 2019
India to add only 6,000 Mw of coal-based power capacity next fiscal
New Delhi: Coal-based capacity addition in the Indian power sector, which fell to a low of 3,600 Megawatt last financial year (2018-19), is likely to remain subdued in a range between 5,000 Mw and 6,000 Mw in the current fiscal year and Read More +

12 July 2019
Auction of coal blocks to start 'very shortly', says minister
New Delhi: Union minister Pralhad Joshi Wednesday said the auction of coal blocks would commence "very shortly". The coal minister also said that major policy changes would also be notified very shortly and expressed Read More +

10 July 2019
Govt to rope in global firms to set up manufacturing units for solar cells, batteries, charging infra
New Delhi: The government will launch a scheme to bring in global firms for setting up mega manufacturing plants in India for solar cells, batteries and solar charging infrastructure through auction and provide tax benefits on these investments. T Read More +

10 July 2019
Coal India to roll out business blueprint for ERP
KOLKATA: Coal India is streamlining a business blueprint for implementation of Phase I of Enterprise Resource Planning(ERP) - christened ‘Project Passion’. This is being pursued under the 100 days programme.

08 July 2019
Andhra Pradesh- Government to focus on power, agriculture sectors
Vijayawada: Chief minister Y S Jaganmohan Reddy on Sunday said the state government, on the eve of the birth anniversary of former chief minister YS Rajasekhara Reddy, has decided to focus on core sectors like power and agriculture. Read More +

08 July 2019
Question mark on fate of Jaitapur N-power plant as France orders technology audit
Paris: An independent audit has been ordered into the entire European Pressurised Reactor (EPR) project under implementation at Flamanville nuclear power plant, French Finance and Economy Minister Bruno Le Maire said. The plant has been Read More +

05 July 2019
Solar scheme to assure Rs 1 lakh income for farmers
New Delhi: The central government will launch a solar scheme for farmers that will ensure a minimum annual income of Rs 1 lakh.
Power Minister R.K. Singh on Thursday informed the Lok Sabha during Que Read More +

05 July 2019
10 key pointers for Friday's Union Budget from Economic Survey 2019
Economic Survey 2019 usually contains certain pointers to what may come in the Union Budget.
The survey, written by Chief Economic Adviser Krishnamurthy Subramanian and tabled in Parliament by Finance Minister Nirmala S Read More +

04 July 2019
TN not to permit any hydrocarbon exploration in state
Chennai: Tamil Nadu's ruling AIADMK government will not give permission for hydrocarbon exploration in the state, especially in the Cauvery delta region, Law Minister C. Ve. Shanmugam said on Wednesday.
Shanmug Read More +

04 July 2019
Government neither divesting nor privatising ONGC- Dharmendra Pradhan
State-run ONGC will neither be disinvested nor privatised but only oilfields discovered by it are being monetised through a transparent bidding process to ensure the country's energy security, Petroleum Minister Dharmendra Pradhan sa Read More +

01 July 2019
India seeks Kuwaiti investments in infrastructure and power sectors
New Delhi: India, showcasing its growth prospects, has pitched for investments from oil rich Kuwait across various sectors including infrastructure and power.
Finance Minister Nirmala Sitharaman during a rece Read More +

01 July 2019
Rajasthan- CM inaugurates two units of Chhabra Power Plant
Kota: Chief minister Ashok Gehlot on Sunday inaugurated the 5th and 6th units of Chhabra super critical Thermal Power Plant in Chhabra block, Baran. He also addressed the public and said, “Electricity is the foundation of developme Read More +

28 June 2019
AISIA for raising export sops for solar module manufacturers
New Delhi: Raising concerns over the survival of solar modules manufacturers, the All India Solar Industries Association (AISIA) in its pre-Budget recommendations has called for providing incentives, such as subsidies for power, capital, Read More +

28 June 2019
ReNew mops Rs 2,100 crore through rights issue to expand capacity
Mumbai: Clean-energy company ReNew Power has raised $300 million (Rs 2,100 crore) in equity funding from existing investors Goldman Sachs, CPPIB and Abu Dhabi Investment Authority through a rights issue.

27 June 2019
Delhi govt announces pilot project for using electric vehicles for delivering online orders
New Delhi: The Delhi government Wednesday announced its first electric vehicles (EVs) freight pilot under which up to 1,000 such vehicles are aimed to be deployed in the city over the next 12 months for delivering online orders. Delhi Transpo Read More +

27 June 2019
Rajasthan govt decides against divesting two power plants
Jaipur: The Rajasthan government on Wednesday reversed the previous BJP dispensation's decision to disinvest the Kali Sindh and Chhabra power plants. A proposal in this regard was passed in a cabinet meeting chaired by Chie Read More +

25 June 2019
Centre to provide CNG, PNG infrastructure in 406 districts- Pradhan
New Delhi: Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday said that the Centre has chalked out a plan to provide Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) infrastructure in 406 districts of the country.

25 June 2019
Four dams to get floating solar power plants in Maharashtra
New Delhi: Maharashtra is all set to get floating solar power generation plants in four dams, state Water Resources Minister Girish Mahajan told the Legislative Council Monday.
In a written reply to a question Read More +

20 June 2019
Govt to invoke special powers, save renewable energy projects of Rs 40,000 crore
NEW DELHI: The government is set to use special powers under the Electricity Act of 2003 to ensure regulatory passage for a clutch of inter-state transmission lines with the objective of preventing solar and wind power projects Read More +

20 June 2019
Uttar Pradesh- Tweak the clause for rooftop solar power plants, directs govt
GHAZIABAD: All government and semi-government offices having an area of more than 1000 sq m will soon have to install solar photovoltaic power plant on their rooftops.
This is likely be made mandatory from this month by the Read More +

18 June 2019
IITH improves solar cell efficiency using magnetic field
Hyderabad: Researchers at IIT Hyderabad have developed a novel process to improve the performance of third generation solar cells using magnetic field. Working with dye sensitised solar cells (DSSC), they have sh Read More +

18 June 2019
Pune firm develops solar-powered irrigation system
Pune: To solve water crisis for farmers throughout the varied climate conditions in India, Pune-based company Khethworks has developed solar-powered irrigation system. The irrigation system is intended to ma Read More +

14 June 2019
Telangana govt to buy 2000 mw additional power from NTPC
Hyderabad: The Telangana government has sought 2000 MW additional power from NTPC to meet the growing power demand in the state, in view of the upcoming Kaleshwaram lift irrigation project, a top TRANSCO official said Thur Read More +

14 June 2019
Nagpur- No property tax on power infra
Nagpur: The state cabinet on Tuesday decided to exempt power infrastructure like electricity poles, transformer, substations etc from property tax. The decision will hit already cash-strapped urban local bodies like Nagpur Muni Read More +

13 June 2019
Solar tariffs increase marginally in SECI auction
BENGALURU: Tariffs rose marginally from February in an auction by Solar Energy Corporation of India (SECI) on Wednesday for 1200MW of projects.
SECI is the renewable energy ministry's nodal agency responsi Read More +

13 June 2019
Tangedco stops floating tenders for solar, wind farms
Chennai: Tangedco has stopped floating bids for solar and wind power farms — a reflection of its inability to give a commitment to investors on power evacuation and timely payment for evacuated power.

10 June 2019
CII says govt must hold industry consultations before finalizing Electric Vehicle plan
New Delhi: The Confederation of India Industry (CII) today said the government must hold multi-stakeholder consultations across the value chain with a special focus on affordability of consumers as India embarks on one of its strategic goals of tr Read More +

10 June 2019
UP first state to invite EoIs to set up EV charging stations
New Delhi: Uttar Pradesh has invited expressions of interest (EoIs) from companies to set up charging stations for electric vehicles, the first state to do so after the Union power ministry issued guidelines for such facilities last Read More +

07 June 2019
RIL looking at removing production bottlenecks at Vadodara facility at a cost of Rs 2,270 crore
New Delhi: Billionaire Mukesh Ambani-led Reliance Industries (RIL) plans to remove production bottlenecks at its flagship Vadodara Manufacturing Division (VMD) at a cost of Rs 2,270 crore as part of a plan to increase petrochemical Read More +

07 June 2019
Nitin Gadkari for wider stakeholder talks on EV adoption
NEW DELHI: Road transport minister Nitin Gadkari has called for wider stakeholder consultation on the adoption of electric vehicles, to give adequate time to domestic manufacturers for making business adjustments.

05 June 2019
Waste-to-energy plant to power Delhi metro operations
New Delhi: Delhi Metro has become the first metro project in the country to receive power generated from a waste-to-energy plant, Delhi Metro Rail Corporation (DMRC) has claimed.
“From the beginning of t Read More +

05 June 2019
World Environment Day-Wind mills and solar panels are only solution to air pollution today
Chennai: Air pollution can be controlled only through a combination of technology, public policy and people’s cooperation, said agriculture scientist M S Swaminathan on Tuesday.
“We are exper Read More +

03 June 2019
ONGC topples IOC to regain most profitable PSU tag
New Delhi: ONGC, India's top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain crown of being the country's most profitable public sector company.
According to earnings statements of the listed compan Read More +

03 June 2019
Crude stumbles to worst May in seven years
New Delhi: Oil posted its worst May performance in seven years as global trade tensions escalated, undermining the outlook for energy demand growth.
Futures tumbled 5.5 per cent in New York on Friday to a dept Read More +

31 May 2019
Maharashtra- Vidarbha farmers to get 3,900 solar pumps soon
Nagpur: With the election code of conduct no longer in force, MSEDCL has launched a drive to provide solar farm pumps to Vidarbha’s farmers under the Mukhyamantri Saur Krishi Pump Yojana (MSKY).
According to company o Read More +

31 May 2019
India to acquire reserves of strategic minerals to power the countrys move into EVs
Kolkata: India's move to acquire reserves of strategic minerals like lithium and cobalt to power the country's move into electric vehicles is all set to become a reality with three state-owned metal and mining Read More +

30 May 2019
Adani Green to raise 500 million dollars from offshore investors
MUMBAI: Adani Green Energy, the renewable power arm of Gautam Adani-controlled Adani Enterprises, is set to raise $500 million through an overseas bond sale, three people with the direct knowledge of the matter, said. The company co Read More +

30 May 2019
Delhi peak power demand crosses 6,000 MW- Tata Power
New Delhi: With the summer heat pushing the capital's peak power demand to this season's highest of 6,011 MW on Wednesday, Tata Power Delhi Distribution Ltd (TPDDL) said it successfully met the demand of 1,690 MW in its Read More +

27 May 2019
Maharashtra- Over 300 schools will run on solar power, become self-reliant
Nagpur: Over 300 zilla parishad schools in Nagpur will run on solar power before Diwali making them completely self reliant when it comes powering up their classrooms.
Schools will get anywhere between 1 Read More +

27 May 2019
Railways to install solar plants to generate electricity, reduce bills
Ludhiana: In a bid to reduce the huge amount being paid as electricity bills, to the state power corporation, the railways has started the installation work of solar plants on the rooftops of its buildings.
This will not on Read More +

22 May 2019
58% increase in power transmission capacity of UP in past three years
AGRA: If power situation has seen a marked improvement in the past two years, it is because of relentless effort of the state government to fulfill its promise to provide 22-hour supply to rural areas and 24-hour supply to Read More +

22 May 2019
Australian state leader calls for timeline on Adani coal mine approvals
Melbourne: Australia's Queensland state premier on Wednesday called for India's Adani Enterprises to sit down with the state regulator to work out a definitive timeline to obtain approvals for a controversial Read More +

20 May 2019
Maharashtra electricity regulator fixes tariff for renewable energy
Nagpur: Maharashtra Electricity Regulatory Commission (MERC) has issued tariff order for renewable energy sources in the state for 2019-20. While tariff for wind energy has been reduced, that of the solar power&n Read More +

20 May 2019
Delhi Metro continues green push, now plans e-scooters at 5 stations
NEW DELHI: In a major push to environment-friendly last-mile connectivity, Delhi Metro Rail Corporation plans to promote public bicycle-sharing services from its stations in a big way. The agency is also planning to introduce e Read More +

17 May 2019
Land identified for solar panels at Chennai airport
Chennai: The Airports Authority of India (AAI) plans to install solar panels near the main runway to reduce the use of power from the grid at Chennai airport.
A tender, which was issued last year, has been given to Read More +

17 May 2019
Maharashtra- 1,235 CNG buses may go off the roads over dues
PUNE: More than 1,200 gas-powered public transport buses could go off the roads soon, if the Pune Mahanagar Parivahan Mahamandal Limited (PMPML) fails to clear pending dues.
Maharashtra Natural Gas Limited (MNGL), which sup Read More +
16 May 2019
Engineers India Ltd signs pact for 1.5 mt refinery in Mongolia
New Delhi: State-owned Engineers India Ltd (EIL) Wednesday said it has signed an agreement to provide project management consultancy for a new 1.5 million tonne refinery being set up in Mongolia.
The pact Read More +

16 May 2019
Madras HC stay on notice for acquiring agri lands to lay gas pipelines
Madurai: The Madurai bench of the Madras high court granted a stay on the notification issued for acquiring agricultural lands for laying of gas pipelines in Tuticorin district.
The petitioner K Chellam, a resident of South Veera Read More +
15 May 2019
Talettutayi Solar emerges lowest bidder in auction with Rs 2.87 per unit tariff
New Delhi: Talettutayi Solar Projects Three Private Ltd has emerged as the lowest bidder in an auction conducted by Solar Energy Corporation of India, quoting a tariff of Rs 2.87 per unit on Tuesday. "Out of the 250 MW solar en Read More +

15 May 2019
SECI again extends deadline for 3-GW manufacturing-linked solar tender
New Delhi: State-owned Solar Energy Corporation of India (SECI) Tuesday again extended bids submission deadline for manufacturing-linked 3-gigawatt (GW) solar power tender till May 31. On April 22, SECI had extended the last date of bid Read More +

10 May 2019
Tariffs fall in Gujarat solar auction
Bengaluru: Gujarat’s second attempt to auction projects at Raghanesda Solar Park generated tariffs that were substantially lower than the first sale in January, which had been scrapped.
French utility Engie got 20 Read More +

10 May 2019
Coal India to increase auction offering by 14 per cent in FY20
KOLKATA: Coal India (CIL) plans to ramp up auction offerings by 14% during the current fiscal against the previous year when similar supplies declined 5%.
It is expected to bring down premiums in the auc Read More +

08 May 2019
Ministry held session for stakeholders in renewable energy industry
Bengaluru: The Ministry of New and Renewable Energy (MNRE) today held a brainstorming session for all stakeholders in the renewable energy industry.
Major challenges faced by the industry were Read More +

08 May 2019
Centre to invite bids for 40GW battery plants
New Delhi: The government is considering a plan to establish battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives, an official said.
It will Read More +

06 May 2019
Over 1k-MW wind projects running behind schedule
Bengaluru: Many of the projects won by developers in the two wind auctions conducted by Solar Corporation of India in 2017 have not been completed yet, according to sources close to the development. The commissioning deadline for the first tranche Read More +

06 May 2019
Signify Innovations expecting good growth in solar lights segment ahead
New Delhi: Signify Innovations India, earlier known as Philips Lighting India, is expecting good opportunity in the solar lights segment going forward, not only from the rural market but also from the urban market, said a top c Read More +

03 May 2019
Gujarat energy firm seeks protection to complete wind power project
Madurai: A Gujarat-based energy company which has signed a memorandum of understanding (MoU) with the Tamil Nadu government to set up wind power plants in Tuticorin district has moved the Madurai bench of the Madras high court Read More +

03 May 2019
Italy, Myanmar sign 30 mn euro electrification agreement
Nay Pyi Taw: Italy has signed a 30 million euro soft loan agreement with Myanmar as part of a World Bank-funded national electrification programme that will bring power to half a million people, the Foreign Ministry s Read More +

02 May 2019
End of Iran sanctions waivers to hit Indian economy- Analysts
Mumbai: The end on Thursday of US sanctions waivers for purchases of Iranian oil is likely to hit India's economy hard, increasing fuel costs and quickening inflation, analysts say.
Last May, President Don Read More +

02 May 2019
Indian Oil plans to shut units at northeast refineries to upgrade fuel- Sources
NEW DELHI: Indian Oil Corp, the country's top refiner, plans to shut units in phases at its northeast plants from August to produce cleaner fuels, two sources privy to the move said.
Domestic refiners have lined up upgra Read More +

30 April 2019
NHPC inks agreement with Indian Army to build bunkers, caverns
NEW DELHI: State-run hydro power giant NHPC said Monday that it has entered into a pact with the Indian Army to construct underground bunkers and caverns across India.
"NHPC Read More +

30 April 2019
Iraq maintains top position as Indias crude oil supplier in 2018-2019
New Delhi: Iraq maintained its position as the largest crude oil supplier to India in 2018-2019, supplying more than 46.61 Million Tonne (MT) of crude oil last financial year ended March 2019, official data sourced from Directorate General of Comm Read More +
26 April 2019
India-Bhutan finalised Rs 4.5K crore Mangdecchu hydro projects power tariff protocol
Following prime minister level bilateral agreement between India and Bhutan, both the countries have finally signed tariff protocol for the output of 720 Megawatt (Mw) Mangdechhu hydropower project. First yield of this INR 4.5K crore Bhu Read More +

26 April 2019
GIP in talks to buy RattanIndia solar power assets for 300 mn dollar
Mumbai: Leading infrastructure investor Global Infrastructure Partners (GIP) is in advanced negotiations to buy the solar portfolio of RattanIndia Power Ltd (formerly India Bulls Power) for an enterprise value of about $300 mil Read More +

25 April 2019
OPINION- India has to navigate US Iran oil sanctions both economically and geopolitically
From Venezuela to Iran, on the supply side, and from France to India, on the demand side, the market for oil has once again been invaded by politicians and geopolitical strategists. While demanding of the world ‘fair trade’ practices, Read More +

25 April 2019
India seeks right balance of ties with US, Iran
New Delhi: India is looking to balance its ties between the US and Iran even as New Delhi plans to source oil from alternate sources following expiry of waiver for Iranian oil imports from early May. New Delhi plans to assert i Read More +

22 April 2019
Several wind energy projects in slow lane since 2017 auctions
Bengaluru: A large number of wind energy projects have been bid out since auctions for such projects began in early 2017, both by Solar Corporation of India (SECI) and state agencies, but only a small fraction of them have been Read More +

22 April 2019
Stressed power resolution comes to a standstill
New Delhi: The resolution of 40,000 MW of stressed power projects has come to a standstill with lenders turning reluctant to engage with investors in the absence of fresh directions from the Reserve Bank of India and regulatory overreach Read More +

17 April 2019
New way to create fast-charging lithium-ion batteries discovered
New Delhi: Scientists, including one of Indian origin, have developed a way to make lithium-ion battery that can charge within minutes but still operate at a high capacity, an advance that may improve performance for smartphones and elec Read More +

17 April 2019
SECIs 1,200 MW wind energy sale gets tepid response
BENGALURU: Solar Energy Corporation of India’s (SECI) 1,200 MW wind auction on Monday saw a surprisingly lukewarm response from developers, with techno-commercial bids of only 600 MW received. SECI confirmed the developme Read More +

15 April 2019
Tata Projects bullish on oil, gas, nuclear segments, eyes Rs 16,000 cr topline this year
New Delhi: Riding high on the pace of growth in the oil and gas, nuclear and urban infrastructure sectors, Tata Projects, a part of the diversified Tata Group, is eyeing up to Rs 16,000 crore worth of r Read More +

15 April 2019
Mumbai housing complex goes green, to cut power bill by 70%
New Delhi: In what is, perhaps, the largest renewable energy project in the city, a housing society in the suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy from its sola Read More +

12 April 2019
India needs policy on solar waste management, manufacturing standards- Report
New Delhi: The government needs to bring out a policy on solar module waste management and standards for use of material for manufacturing, according to consultancy Bridge To India on Thursday.
"There is an u Read More +

12 April 2019
India MRPL to shut crude unit other facilities for from mid-April
NEW DELHI: India's Mangalore Refinery and Petrochemicals Ltd plans to shut a 60,000 barrels per day (bpd) crude unit and some secondary units for maintenance from mid-April for about a month, a company source said.

10 April 2019
CPPIB eyes emerging companies in financial services, healthcare & education
MUMBAI: After partnering with storied brick-and-mortar names such as Larsen & Toubro and Bharti, the Canada Pension Plan Investment Board (CPPIB) is looking to back emerging champions across financial services, healthcare, commerce a Read More +

10 April 2019
Adani wins key approval for plan on coal mine in Australia
New Delhi: Diversified conglomerate Ad Enterprises said on Tuesday it has won a key approval for its groundwater management plan to construct a thermal coal mine and rail infrastructure project in Australia.
Read More +
08 April 2019
India to add 10k megawatt wind capacity in 2021
Bengaluru: Siemens Gamesa Renewable Energy, the second largest manufacturer of wind turbines in the world, expects India to add between 7,000 and 10,000 megawatt (MW) of wind energy capacity in 2021, its global chief Read More +

08 April 2019
UT power department starts energy audit process
Chandigarh: The UT electricity department has started the process of conducting audit of its transmission and distribution (T&D) system to identify energy loses and implement steps to reduce the same.
Recently, the Read More +

05 April 2019
In a first power demand in Tamil Nadu crosses 16000 MW
CHENNAI: Power demand in the state has crossed 16,000MW for the first time. It touched 16,151MW on Wednesday evening, surpassing the previous high of 15,847MW on March 13.
Tangedco sources said the increased demand was Read More +

05 April 2019
Worlds top 10 start-ups working on energy transitions
New Delhi: The Start-up Energy Transition (SET), an international platform supporting innovation in energy transition, has officially released their list of 100 top energy start-ups. These start-ups are shortlisted for the 2019 SET Read More +

03 April 2019
SC order on NPAs- Power industry association heaves a sigh of relief
New Delhi: Welcoming the Supreme Court ruling quashing the RBI circular on resolution of stressed assets, the Association of Power Producers Tuesday said it will give some breather and flexibility to restructure their debt.

03 April 2019
Solar power helps corporation save Rs 16 lakh in two months
Coimbatore: Since its inception two months ago, the Ukkadam solar power plant has generated about 3 lakh units of electricity and helped the city corporation save about Rs 16 lakh on its electricity bills.
“While Read More +

01 April 2019
India gains access to Bolivian lithium reserves
New Delhi: India has leveraged its way into the Bolivian lithium reserves after signing a Memorandum of Understanding (MoU) in Bolivia for development and industrial use of lithium, a prime component used to power electric vehicles and c Read More +

01 April 2019
Tamil Nadu - Govt bid to appoint gangmen to power board a poll gimmick- union
Tirupur: One of the employees’ unions of the Tamil Nadu Electricity Board (TNEB) has petitioned the election commission to restrain the state government from appointing gangmen to the board until elections were over.

29 March 2019
Vice President Naidu stresses on the need for EVs, adopting shared mobility
New Delhi: Vice President Venkaiah Naidu Thursday stressed on the need of adopting shared mobility and electric vehicles to meet increasing demands of transportation and said standalone metro systems are not effective as they r Read More +

29 March 2019
SECL crosses 150 MT coal production in 2018-19 fiscal
Kolkata: The South Eastern Coalfields Ltd (SECL) has become the first company in the country to have crossed coal production figure of 150 million tonnes in a financial year.
The SECL achieved the record during th Read More +

27 March 2019
BP commits 100 million dollars to fund new emissions reduction projects
New Delhi: BP today announced it has established a $100 million fund for projects that will deliver new greenhouse gas (GHG) emission reduction in its Upstream oil and gas operations. The new Upstream Carbon Fund will Read More +

27 March 2019
India seeks bids for 5 billion dollars in transmission lines to fuel renewables growth
By Sudarshan Varadhan and Nidhi Verma
NEW DELHI: India will launch $5 billion of transmission-line tenders in phases, beginning in June, to route a targeted 175 gigawatts (GW) of power from renewable sources into the co Read More +
25 March 2019
JDA signs agreement to save 7.3L energy units per year
Jaipur: Conservation of energy seems to be on Jaipur Development Authority (JDA)’s top agenda. After deciding to install roof top solar panel, the civic body has signed an agreement with Government of India, public sector undertaking (PSU) t Read More +

25 March 2019
Delhi to get 131 charging stations for electric vehicles
New Delhi: The capital will get 131 public charging stations for electric vehicles to address the concerns of potential buyers and to ensure that people have access to recharging facilities in their vicinity.
According to t Read More +

22 March 2019
Maharastra moves one step ahead in gree buildings, signs MoU with IFC
New Delhi: The government of Maharashtra is taking pro-active measures in promoting green housing. The state government’s Housing Department has signed a memorandum of understanding (MoU) with World Bank arm Internat Read More +

22 March 2019
KUSUM scheme for solar uptake by farmers- A fineprint
New Delhi: The government has published the guidelines for the implementation of Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) scheme for installation of solar pumps and grid-connected solar power plants by farmers.

20 March 2019
NTPCs floating solar plant to be commissioned in April
New Delhi: NTPC Ltd's Kawas has become first power unit in the state to install 1MW grid-connected floating solar project, which is likely to be commissioned in April 2019.
Debashish Das, NTPC direct Read More +

20 March 2019
CIL dividends, buybacks to draw Rs 19,000 crore for government
New Delhi: Coal India will fetch the Centre around Rs 19,000 crore on account of dividends paid and shares sold through various modes by the end of 2018-19 — almost double that of last year.
The dry fuel Read More +

15 March 2019
Coal production at 638 MT during Apr-Feb
New Delhi: The coal output grew 8 per cent year-on-year to 638.46 million tonne (MT) in the April-February period of the current financial year. The coal production was 591.42 MT during the corresponding period of the previous Read More +

15 March 2019
Cloud over SKY- State scales down pilot solar project
Ahmedabad: Gujarat government’s ambitious plans to roll out a state-wide scheme where farmers can generate electricity using solar and sell surplus power to the electric grid, is facing challenges. The government has decided to scale down th Read More +

13 March 2019
Discom to set up four solar microgrids in east Delhi
New Delhi: Power distribution company BSES Yamuna has launched a pilot project to establish solar microgrids, becoming one of the first discoms in the country to do so in an urban setting. A similar rollout is planned Read More +

13 March 2019
Coal imports by state power plants up in FY19
Kolkata: Coal imports by state government-run power producers were up 2.6-fold in the first 10 months of the current fiscal as domestic supply dwindled, but overseas purchases by private generators and central entities declined 2.5% duri Read More +

11 March 2019
RERC relief to renewable projects worth Rs 4000 cr
New Delhi: In a big relief to the renewable power developers whose investments of more than Rs 4,000 crore came under a cloud, the Rajasthan Electricity Regulatory Commission has reversed an order passed by the previous governm Read More +

11 March 2019
Cash sops for states to secure land for green power projects
Bengaluru: The Centre has introduced a financial incentive for states and tweaked its policy to address two major issues plaguing solar park developers — shortage of land and lack of transmission facility.
States Read More +

08 March 2019
PM to launch projects worth Rs 65K-cr in Kanpur today
New Delhi: Prime Minister Narendra Modi will launch and lay foundation stones of several projects worth over Rs 65,000 crore in a mega ground-breaking ceremony to be held during his visit to the industrial city on Friday.
Read More +
08 March 2019
India wants to keep Iran oil purchases at 300,000 bpd in extended waiver- Report
New Delhi: India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with the Washington about extending a sanctions waiver past early May, two sources in India with knowledge of Read More +

07 March 2019
Govt cancels coal auction meant for open market sale
New Delhi: The government has cancelled the proposed auction of coal blocks in which winners would have been allowed to sell 25% of the production in the open market. It was postponed five times after notice inviting tende Read More +

07 March 2019
No takers for Gujarat's 1k-MW solar auction
Bengaluru: In a setback for Gujarat’s renewable energy drive, its latest solar auction of 1000 MW got no bids at all because developers felt the ceiling tariff it had set was too low.

05 March 2019
Central Bank puts Bhushan Power, Essar Steel accounts up for sale to recover bad loan dues
New Delhi: State-owned Central Bank of India has put up for sale four stressed accounts, including Bhushan Power & Steel and Essar Steel India, to recover dues of Rs 3,321 crore. "In terms of the bank's p Read More +

05 March 2019
100 per cent electrification- PM Narendra Modis praise boosts morale
New Delhi: The energy department officials must be feeling elated over PM Narendra Modi’s praise on Sunday for 100% household electrification in the state before the nationwide target set for that. But there are still complain Read More +

01 March 2019
Cabinet approves Rs 1,236 cr investment for Arun-3 hydro project
New Delhi: The government Thursday approved Rs 1,236.13 crore investment proposal for transmission component in Nepal portion of Arun-3 Hydro Electric Project by Sutlej Jal Vikas Nigam (SJVN).
The Cabinet Committe Read More +

01 March 2019
Cabinet approves Rs 10,000 cr FAME India Phase II scheme
New Delhi: The Union cabinet chaired by Prime Minister Narendra Modi has approved a proposal for implementation of a scheme titled 'Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) Read More +

28 February 2019
5,000 compressed bio gas plants to come up by 2023- Pradhan
New Delhi: Around 5,000 compressed-bio gas (CBG) plants will be set up in the country by 2023, while a city gas distribution system covering 400 districts will provide a ready market for the CBG, Petroleum Minister Dharmendra Pradha Read More +
28 February 2019
Indian govt may offer up to Rs 2.5L subsidy for 60,000 e-cars
New Delhi: The government is set to announce a subsidy of up to Rs 2.5 lakh for 60,000 electric cars and dole of up to Rs 20,000 for 20,000 hybrid cars that are bought over the next three years as it seeks to promote green fuel in the country via Read More +
25 February 2019
Rs 1.40 lakh crore of oil & gas investments likely in Odisha- Pradhan
Bhubaneswar: Union Petroleum Minister Dharmendra Pradhan on Sunday said Odisha is going to be the epicentre of petroleum and gas sector, with around Rs 1.40 lakh crore investments proposed under various oil and gas projects in Read More +

25 February 2019
A solar tree that can help irrigate farms
Ludhiana: With demand from farmers and researchers for almost 10 years, the Central Mechanical Engineering Research Institute (CMERI), a constituent laboratory of the Council of Scientific and Industrial Research (CSIR) has come up with a sol Read More +

22 February 2019
Government asks ONGC, OIL to sell out 66 fields to private firms
New Delhi: The government has asked state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) to sell out 66 of their small oil and gas fields to private firms as it brought in a new policy to boost domestic pr Read More +

22 February 2019
Maharashtra power utility gets additional 1,000 MW cheap solar power
Nagpur: After tying up for 1,000MW solar power at the rate of Rs 2.71 and Rs 2.72 per unit in 2018, Maharashtra State Electricity Distribution Co Ltd (MSEDCL) will now sign power purchase agreements (PPAs) for another 1,000MW cheap solar Read More +

20 February 2019
Not invited to bid, power firms may sue Coal India
Kolkata: Power companies that participated in an auction for long-term fuel supply contracts may sue Coal India for holding another round of auction and not allowing them to bid.
Coal India executives, ho Read More +

20 February 2019
ABB wins Rs 270 crore electric traction order from Indian Railways
New Delhi: Swiss power major ABB said Tuesday that it has bagged a Rs 270-crore order for train technologies from Indian Railways. "ABB has won its largest traction equipment order in India, worth more than Rs 27 Read More +

18 February 2019
Centre offers Fifty paise per unit support for solar projects using locally produced equipment
The Centre has offered a viability gap support of ₹70 lakh per MegaWatt (MW) for solar projects that will be built using domestically sourced cells and modules. This support will be implemented through the Central Public Sector Undertaking Read More +

18 February 2019
Relief for solar developers on safeguard duty
BENGALURU: Developers who won solar projects just before safeguard duty on solar panels and modules was imposed on July 30 last year have been greatly relieved by an order passed by Maharashtra’s power regulator on Friday, maintaining that s Read More +

15 February 2019
Work begins on Adanis Data Centre in Vizag as part of Rs 70000 cr plan
Visakhapatnam: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday laid the foundation stone for Data Centre and Technology Park of Adani Group in this port city.
The ground-breaking cerem Read More +

15 February 2019
Transport sector can become all electric-driven by 2030- EV expert
Kolkata: Electric vehicles are the future and with the help of innovative approaches, Indias transport sector can become all electric-driven by the year 2030, an EV expert and professor of IIT Madras has said.
Pro Read More +

13 February 2019
Major boost for 4 hydro projects worth Rs 45,000 crore
New Delhi: The government expects a big push to hydropower sector having received clearances for four projects worth about Rs 45,000 crore. La Read More +

13 February 2019
CERC Provides Relief to Solar Developers in Matter of GST Compensation
In a positive development for the domestic renewable industry, the Central Electricity Regulatory Commission (CERC) has provided relief to solar project developers with regards to the effect of goods and service tax (GST) on solar projects which a Read More +

11 February 2019
SECI project winners buying expensive land as state stays reluctant on leasing for central projects
New Delhi: Wind developers have begun acquiring more expensive private land in Gujarat for central government projects as the state continues to go slow on leasing out land to them.
Over the past several months, Gujarat Read More +

11 February 2019
Discom seeks to boost green bus infra in Delhi
NEW DELHI: Tata Power Delhi has sent a proposal to the Delhi government to join hands in deployment of electric buses by contributing in setting up charging stations for electric vehicles (EV).

08 February 2019
Coal India to procure mining equipment worth Rs 7000 cr
Kokatta: Coal India Limited (CIL) is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 7000 crore to bolster production after reviving the one billion tonne production target, officials said Thur Read More +

08 February 2019
Breather for solar gear makers
New Delhi: Domestic solar gear makers like Adani Group and Tata Power Solar finally had a breather in a 12-GW scheme mandating state-run firms to set up projects using local equipment. It also paves way for fresh investments in Read More +

06 February 2019
Adani Green Energy arm bags 390 MWac hybrid renewable project
New Delhi: Adani Green Energy on Tuesday said its arm Mahoba Solar (UP) Private Ltd has bagged a 390 megawatt alternating current (MWac) capacity hybrid renewable energy project. The Solar Energy Corporation of India Read More +

06 February 2019
Adani, IOC, GAIL among 225 bidders for city gas licences in 50 cities
New Delhi: As many as 225 bids by companies such as Adani Gas, Indian Oil Corp (IOC), Torrent and GAIL Gas were received on Tuesday at the close of bidding for city gas licences for 50 cities, official sources said.&n Read More +

04 February 2019
Pottery sees a ray of hope in solar energy
Bangalore: Ramon Magsaysay Award-winner Harish Hande, an expert in solar power energy, is now working towards revival of the pottery industry — using solar energy — in the villages of Kundapur. Shekar Shetty, s Read More +

04 February 2019
GERC nod to solar power supply by salt pan workers
Ahmedabad: Setting the stage for salt pan workers to supply solar power and make some extra money, Gujarat Electricity Regulatory Commission (GERC) has permitted Gujarat Urja Vikas Nigam Ltd (GUVNL) to procure 2.7 MW solar powe Read More +

01 February 2019
Enhanced tax relief, lowering of oil prices dominate budget expectations
New Delhi: The last Union budget before the general elections has set expectations soaring among the people in the state. Despite it being an interim budget by the Narendra Modi government, the wish list is long with almost all Read More +

01 February 2019
Budget 2019- Govt must allocate up to Rs 50,000 crore for petroleum subsidy
New Delhi: The government’s petroleum subsidy allocation for the next financial year must be between Rs 37,000 crore and Rs 50,000 crore taking into account expected levels of average crude oil prices and the exchange rat Read More +

30 January 2019
IOC trades in the red ahead of Q3 results
NEW DELHI: Shares of Indian Oil Corporation (IOC) were trading in the negative territory ahead of the announcement of its December quarter earnings on Wednesday in an otherwise buoyant market.
Brokerages are expecting a Read More +

30 January 2019
Solar duty fails domestic producers as demand languishes
New Delhi: India’s bid to protect its solar-equipment makers by imposing a safeguard duty on cheap, Chinese imports has failed, according to domestic manufacturers, who are campaigning for tougher measures.
The country last Read More +

28 January 2019
Gujarat frames land policy for green energy projects
BENGALURU: Gujarat has released its land policy for renewable energy projects, which seeks to set up wind parks and wind-solar hybrid parks in the state, similar to solar parks. Such parks will be a first by any India Read More +

28 January 2019
India must manufacture petrochemicals domestically- PM Modi
New Delhi: Prime Minister Narendra Modi on Sunday said most of the petrochemicals being used in India are sourced through imports and it will be the government’s endeavour to ensure they are manufactured domestically. He was dedica Read More +

25 January 2019
Coal Indias supplies to power sector rise 8 pc to 390 MT
New Delhi: The government Thursday said state-owned CIL supplied 389.63 million tonne (MT) of coal to the power sector in the current financial year till up to January 22, registering a rise of eight percent over the previous year. " Read More +

25 January 2019
Gujarat finds solar tariffs high, cancels auction
Bengaluru: The Gujarat government has canceled the solar auction for 700 MW it held in December on the grounds that the winning tariffs reached were too high.
The decision was conveyed to the winning dev Read More +

24 January 2019
Indian Oil to invest Rs 16,641 crore in Tamil Nadu
New Delhi: Indian Oil Corporation Ltd (IOC) on Wednesday said it would invest Rs. 16,641 crore in Tamil Nadu for expanding its retail outlet network, upgrading its infrastructure and laying of gas distribution pipelines.

24 January 2019
Domestic solar equipment makers may plead again for safeguards
New Delhi: In another attempt to protect the local solar manufacturing market from Chinese imports, Indian companies are considering a fresh anti-dumping petition, after the recently implemented safeguard measures failed to provide the intended re Read More +

21 January 2019
Govt signs long-term contract with Uzbek for uranium supply
Gandhinagar: Widening the source base for the nuclear fuel, the government Friday entered into a long- term contract with Uzbekistan for supplying uranium ore concentrates.
The contract was signed in the presence of Prime M Read More +

21 January 2019
Maharashtra- Now, farmers to apply for solar power pumps online
NASHIK: The state government discontinued providing solar-powered agriculture pumps to farmers via district-level committee. Instead, the applicants have been asked to register online through MSEDCL website.
“As p Read More +

18 January 2019
Web-based tool to help assess rooftop energy potential
Bengaluru: A first-of-its-kind tool that evaluates which part of one’s rooftop can generate maximum solar energy and identify the best areas for solar power generation is expected to go live on Bangalore Electricity supply Company Read More +

18 January 2019
Final government nod for FAME scheme likely by March 31- Official
New Delhi: The union ministry of heavy industries and public enterprises hopes to get a final government approval for the Rs 5,500 crore second lap of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles(F Read More +

15 January 2019
Brookfield, Macquarie, KKR in race for IL&FS green assets
Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are among the 15 large funds in the race for buying over 1,000-megawatt renewable energy assets of Infrastructure Leasing & Financial Services Ltd (IL& Read More +

15 January 2019
Charging stations for electric cars may be considered CSR activity
New Delhi: Expenses incurred by manufacturing companies in setting up charging stations for electric vehicles across the country should be considered an activity within the ambit of corporate social responsibility (CSR), a co Read More +

14 January 2019
Fresh auctions for power pacts likely soon
New Delhi: The government is likely to launch a fresh round of auction of power purchase contracts while also allowing escalation and fixed charges to power companies in a bid to alleviate stress in the sector.
Ahead of Read More +

14 January 2019
Gujarat unhappy with high tariffs at recent solar auction
Bengaluru: Winning tariffs by Softbank backed SB Eenergy, Finland’s Fortum and French utility Engie in the latest solar auction in Gujarat are much higher than expected, prompting the state to consider whether t Read More +

11 January 2019
Worlds 1st fully green data centre to be solar-powered
New Delhi: The company also inked an MoU for the same with the AP government in Vijayawada on Wednesday evening.
Adani Group chairman Gautam Adani told TOI that the company has already acquired 100 acres at Kapuluppada in V Read More +

11 January 2019
Govt approves India-France pact on technical cooperation in renewable energy
New Delhi: The government Thursday approved a pact between India and France to enhance technical bilateral cooperation in new and renewable energy. The decision was taken by the Union Cabinet chaired by Prime Minister Read More +

09 January 2019
Power sector employees may go on indefinite strike- Power engineers body
New Delhi: Power sector employees across the country are on a two-day strike which may become indefinite without any notice to the government on issues related to Electricity (Amendment) Bill 2018 and center's privitasation policies. Read More +

09 January 2019
Govt panel proposes 2-way strategy to push EVs in India
New Delhi: A government appointed panel led by cabinet secretary Pradeep Kumar Sinha has proposed a bouquet of incentives for makers as well as buyers of electric vehicles in an effort to push emobility in the country.
Read More +
07 January 2019
Expedite GST on energy- PMO
NEW DELHI: The Prime Minister’s Office has asked nodal ministries to speed up efforts to bring all states on board for the inclusion of oil, natural gas, electricity and coal under the ambit of the goods and service tax (GST). States have be Read More +

07 January 2019
Buildings will have to allot 20% parking space for EV charging- Govt
NEW DELHI: Residential and commercial complexes will have to allot 20% of their parking space for electric vehicle charging facilities, while eateries will have to reserve space for kiosks as per the new guidelines of the housing and urban develop Read More +

04 January 2019
Torrent Power bags distribution rights for 3 Maha sub-divisions
New Delhi: Torrent Power Thursday said it has been appointed as electricity distribution franchisee for three sub-divisions under Thane urban circle of Maharashtra.
"The company has emerged as winne Read More +

04 January 2019
Startups raised $38 bn funding- Flipkart, ReNew Power among big names
New Delhi: Indian startups are estimated to have raised USD 38.3 billion in funding in 2018, behind only the US and China, a report by Yostartups said.
Flipkart's USD 16 billion deal with American retailer Walmart& Read More +

03 January 2019
Vikram Solar gets 140-MW unit order from NTPC
New Delhi: Renewable energy solution provider Vikram Solar Wednesday said it has got a 140-megawatt (MW) project order from state-run power giant NTPC Ltd. "Vikram Solar claimed a 140-MW solar plant project from NTPC Limited. T Read More +

03 January 2019
Niti Aayog for liberalising mineral mining policy to cut imports
New Delhi: The government is considering liberalising the exploration and licensing regime for mineral exploration in India to attract big-ticket private investment in the sector.
The plan includes an “Explore in India&rdqu Read More +

31 December 2018
FPIs invest Rs 5,400 crore in Dec on slump in crude prices, strengthening rupee
New Delhi: Foreign investors have infused more than Rs 5,400 crore in the Indian capital markets this month so far on persistent drop in global crude oil prices and strengthening rupee.
This comes following a 10-mo Read More +

31 December 2018
NLC conducts boiler light-up test for thermal power projects first unit
New Delhi: State-owned NLC India Sunday said it has achieved a critical milestone towards commissioning of 1,000 MW Neyveli New Thermal Power Project (NNTPP) by successfully conducting the boiler light-up test for the Read More +

28 December 2018
Haryana plans to issue 44,000 tube well power connections in 6 months
Chandigarh: The Haryana government Thursday said about 44,000 tube well connections pending since January 1, 2014, will be issued to farmers of the state in the next six months. Chief Minister Manohar Lal Khattar said the gover Read More +

28 December 2018
MSEDCL plans floating solar power project on Ujani dam
New Delhi: Water bodies, such as reservoirs and canals, in the state will be used to set up floating solar power projects. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has initiated t Read More +
26 December 2018
Coal India gets 1.5 times premium at e-auction
New Delhi: Coal India has managed to command an average premium of one and half times the floor price for 5.99 million tonnes (mt) coal booked by consumers in the non-power sector at a recent e-auction for five-year supply term Read More +

26 December 2018
India races against the clock to rescue 'rat-hole' miners
New Delhi: Indian rescuers desperately battled rising water levels and a lack of effective machinery Tuesday in a race against the clock to reach 15 miners trapped for nearly two weeks in a flooded mineshaft.
The so-called Read More +

24 December 2018
Azure power qualifies for technical round, government discussing tariff
New Delhi: The government is negotiating tariffs with New York-listed Azure Power, the only developer that responded positively to the manufacturing-linked solar tender.
Solar Energy Corporation of India(SECI) floated a Read More +

24 December 2018
Solar power industry wants more clarity on GST rates applicability
JAIPUR: Solar power project developers breathed a sigh of relief after the GST Council on Saturday clarified that renewable energy devices and parts will be taxed at 5%, while the services will attract 18% GST. In the Read More +

21 December 2018
PowerGrid gets shareholders nod to raise FPI shareholding limit to 35%
New Delhi: State-owned power utility Power Grid Corporation Thursday said that it has got shareholders' approval to raise shareholding limit of Foreign Portfolio Investor (FPI) to 35 per cent from 30 per cent at present.

21 December 2018
Hyderabad- Go for solar energy, urges ESL Narasimhan
HYDERABAD: Insisting that solar power is the way forward to overcome energy woes, governor ESL Narasimhan favoured solar power panels in every residential complex in Hyderabad.
He went on to advise the G Read More +

19 December 2018
GE Renewable Energy, GE Energy Financial Services partner for wind project
New Delhi: GE Renewable Energy and GE Energy Financial Services have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa. Kipeto Energy Plc's 100 Megawatt (Mw) win Read More +

19 December 2018
India loses $86 billion annually to power sector distortions- World Bank
New Delhi: What could be the total economic cost imposed by distortions in the power sector on the Indian economy annually? The figure was a staggering $86.1 billion, or roughly 4.13 per cent of the gross domestic product& Read More +

17 December 2018
Rs 20,000 crore to be invested in Odisha in bio gas sector
New Delhi: Petroleum minister Dharmendra Pradhan here on Sunday said Rs 20,000 crore will be invested in Odisha within five years for setting up of around 500 compressed bio gas (CBG) plants to turn waste materials in Read More +

17 December 2018
Outcome of climate talks in Poland positive- India
New Delhi: India termed "positive" the outcome of climate talks in Poland as it sets nations on the path for successful implementation of the historic Paris Agreement, and asserted it engaged in the negotiations "constructively Read More +
14 December 2018
Reliances Nov oil imports down 9 per cent from Oct- Trade sources
New Delhi: India's Reliance Industries, owner of the world's biggest refining complex, imported nearly 9 percent less oil in November compared with October and did not purchase Iranian oil, according to data from shipping and ind Read More +

14 December 2018
Karnataka awards solar power projects of 80 Mw capacity to Tepsol
New Delhi: The Karnataka government has awarded solar power projects of 80 MW capacity to TEPSOL Projects, a joint venture between Think Energy and EverStream Capital.
This takes the firm's Karnataka Read More +

12 December 2018
Haryana govt starts new scheme to recover pending power dues
Chandigarh: The Haryana government has started a new scheme for defaulters who have not cleared their pending electricity dues since 2005.
Under the scheme, which will end on December 31, the Dakshin Hary Read More +

12 December 2018
Land for Ratnagiri refinery should be available by 2019- B Ashok, Ratnagiri Refinery CEO
New Delhi: The process of acquiring land for the ambitious Ratnagiri refinery project in Maharashtra should be over by end 2019 as work on the ground for the refinery has to start by 2020, B Ashok, Chief Executive Officer (CEO) of Ratnag Read More +

10 December 2018
Investors managing $32 trillion in assets call for action on climate change
London: Global investors managing $32 trillion in assets have called on governments to accelerate steps to combat climate change, as policymakers meet for talks at a United Nations conference in Poland.
A total of 415 invest Read More +

10 December 2018
Indias coal output up 10% to 156 million tonne during April-November
New Delhi: India's coal import rose 9.7 per cent to 156.08 million tonne (MT) in the April-November period of the ongoing fiscal, as against 142.25 MT in the corresponding months a year ago, according to mjunction services Ltd, Read More +

06 December 2018
India likely to commission 720 Mw hydro power project in Bhutan- Foreign Secy
NEW DELHI: India is likely to commission a major hydropower project in Bhutan this month, Foreign Secretary Vijay Gokhale has said, vowing to strengthen bilateral collaboration in the energy sector.
In his address Read More +

06 December 2018
India could gain $8 trillion with climate battle- Special WHO report
NEW DELHI: India can get massive health benefits worth $3- $8 trillion by making efforts to limit global warming to 1.5°C by the end this century, says a special report by the World Health Organisation (WHO) released at the UN climate conferen Read More +

05 December 2018
Tamil Nadu asked to identify sites for wind and solar power projects
Chennai: Union ministry of renewable power has asked Tamil Nadu and other states to identify locations where solar and wind power projects could be set up. Once the survey is completed, the ministry will fix tariff for solar an Read More +

05 December 2018
Niti Aayog-led panel mulls free-market pricing for all local natural gas
New Delhi: A panel led by the Niti Aayog vice chairman is actively considering free-market pricing for natural gas produced from all fields, a major market-friendly reform that oil companies say is necessary to boost domestic output.
Read More +
03 December 2018
Modi govt to change customs duty architecture to boost trade, ease of doing business
NEW DELHI: After rolling out the most comprehensive indirect tax reform – the goods and services tax – the Narendra Modi-led NDA government is set to unleash the next generation of changes to the customs duty architecture to Read More +

03 December 2018
SmartE aims to raise up to $20 million to fund next round of expansion
The country's largest electric vehicle fleet operator SmartE plans to raise around USD 20 million to expand its operations to around 20 major cities across the country over the next four years, a top company official said.

30 November 2018
Maharashtra women to protest against inflated power bills on Friday
Mumbai: Women activists from Mumbai Mahila Congress (MMC) will protest outside 15 railway stations here on Friday evening over “inflated” power bills of Adani Electricity and recent hik Read More +

30 November 2018
Amitabh Kant pitches for ban on usage of fossil fuel-based gensets
New Delhi: Stressing on tough steps to reform power sector, Niti Aayog CEO Amitabh Kant Tuesday pitched for ban on use of fossil fuel-based gensets saying that the government needs to do it before a court order six Read More +

28 November 2018
Trump energy nominee clears hurdle after fossil-fuel remarks
Washington: A Senate committee has approved the Trump administration's nominee for the top federal energy board after a video surfaced showing him declaring that renewable energy "screws up" the nation's electrical Read More +

28 November 2018
Solar plants commissioned at Alandur, St Thomas Mount metro stations
Chennai: Chennai Metro Rail has commissioned solar power plants at Alandur and St Thomas Mount metro stations with a total capacity of 1120 KW. Solar plants have been installed on rooftops at these metro stations.&nbs Read More +

26 November 2018
JSW Energy MD says no new capacity to turn power sector profitable
NEW DELHI: Power sector will be a profitable business again in two years as no fresh capacity is being added to cater to the rising demand, JSW Energy managing director Prashant Jain said, adding the company seeks to Read More +

26 November 2018
Hybrid solar and wind tender will see reverse auction among two bidders
NEW DELHI: The government will go ahead with the reverse auction for its first solar and wind hybrid tender which will see the two bidders, Adani Green Energy and Softbank-backed SB Energy, competing for a cumula Read More +

23 November 2018
India records lowest crude oil production in seven years
New Delhi: India produced 20,294 Thousand Tonne of crude oil in the first seven months of the current financial year (April-October 2018), the lowest output recorded in the past seven years during the same period, according to fresh data sourced f Read More +

23 November 2018
European Investment Bank, SBI expand cooperation in wind energy financing
New Delhi: The European Investment Bank (EIB) on Friday said it will increase its support for India's wind energy projects by expanding the existing lending programmes with SBI.
EIB and SBI have agre Read More +

22 November 2018
Adani bags CGD contracts for 22 locations- becomes largest private city gas player
New Delhi: Adani Gas Ltd, the City Gas Distribution (CGD) arm of the Ahmedabad-based Adani Group, today announced it has become the largest private sector CGD player in the country by bagging authorization to expand footprint in 13 Read More +

22 November 2018
ONGCs natural gas production at all-time high of 70 mmscmd
New Delhi: State-owned Oil and Natural Gas Corp's (ONGC) natural gas production has hit an all-time high of about 70 million standard cubic meters per day as it doubles up efforts to raise domestic output to curb imports, sources pri Read More +
19 November 2018
358 infra projects show cost overruns of over Rs 3.37 lakh crore
New Delhi: As many as 358 infrastructure projects, each worth Rs 150 crore or above, have shown cost overruns to the tune of over Rs 3.37 lakh crore owing to delays and other reasons, a report said. The Ministry of Statistics and Programme Im Read More +

19 November 2018
Developers still reluctant to bid for solar power assets
Mumbai: Developers continue to show reluctance to bid for solar power assets, putting question marks over future growth in this industry, once considered as a sunrise sector.
Recent tenders of Solar Energy Corpora Read More +

16 November 2018
Terms of 10 GW solar tender unlikely to be relaxed
NEW DELHI: The government is unlikely to relax the terms of a 10 GW solar tender linked with manufacturing of solar equipment and industry sources anticipate that the tender could be cancelled if the response to bid submission due next week remain Read More +

16 November 2018
41% rise in renewable energy sourced by companies- RE100 report
New Delhi: A dramatic upsurge in demand for renewable energy from ambitious multinational companies was now shifting markets away from fossil fuels in more than 140 markets worldwide, a RE100 report said on Thursday.

14 November 2018
Niti Aayog plans policy for coal self-sufficiency
New Delhi: Niti Aayog plans to come out with a policy prescription on how India should meet its demand for coal in domestic power and non-power sectors to cut imports of the fossil fuel over the next 10 years.
Read More +
14 November 2018
Renewables should learn from thermal power plant woes- Sumant Sinha of ReNew Power
ReNew Power chairman Sumant Sinha, ET Entrepreneur of the Year, said stress in the thermal sector serves as a lesson for renewable energy developers in India, but aggressive bidding to drive tariffs down is something that Indian Read More +

13 November 2018
Milestone- 10% of Indias total electricity output now comes from renewable power
Despite a slowing of the pace at which solar power projects are being built owing to tariffs plunging to levels unviable for the developers, the country has crossed a milestone on the renewable energy front. Renewable-power units (solar and wind) Read More +

12 November 2018
IEA finds Indias rural electrification one of greatest success stories this year
New Delhi: India’s move to energise every village in the country with electricity is one of the greatest success stories in the world this year; providing clean cooking fuel to people is another laudable achievement that will reduc Read More +

12 November 2018
SECI increases ceiling price for two tenders to woo developers
New Delhi: Solar Energy Corporation of India (SECI) has raised the ceiling price it had set for two recent innovative tenders by 10 paise per unit of power to induce more developers to bid for the projects after tepid response in previou Read More +

05 November 2018
Adani Transmission to buy KECs transmission firm for Rs 227 crore
NEW DELHI: Power firm Adani Transmission has signed an agreement to buy entire stake in KEC International's Rajasthan-based power transmission arm at an enterprise value of Rs 227.5 crore.

05 November 2018
SECI auction for Maharashtra solar park put off indefinitely
BENGALURU: Developers’ interest in Solar Corporation of India’s (SECI) auctions hit a nadir when Tata Power Renewable Energy was the sole bidder on Wednesday for an auction for 50 MW at Dhodhainicha Solar Park in Maharas Read More +

03 November 2018
West Bengal government looks to sell 30% of coal output in open market
New Delhi: The West Bengal government is keen on entering commercial coal mining and intends to sell 25% to 30% of its output in the open market from the world’s second largest block allotted to the state earlier this yea Read More +

03 November 2018
Indias Petronet, ONGC Videsh eye stake in Tellurian project
New Delhi: India's Petronet LNG and ONGC Videsh are jointly in talks about buying a stake in Tellurian Inc's proposed Driftwood project in Louisiana, Petronet's managing director said on Friday.
&q Read More +

31 October 2018
Coal block winners can sell excess output to Coal India at 15% discount
Kolkata: Successful bidders in the current round of coal block auction will be allowed to sell their production beyond 100% of their planned capacity to Coal India at a 15% discount on the state-owned company’s notified p Read More +

31 October 2018
Govt may step up disinvestment drive with power PSUs mergers
New Delhi: The government is looking to execute at least two mergers among central public sector enterprises (CPSEs) in the power sector to step up the disinvestment process and meet its target.
It may kicksta Read More +

29 October 2018
SECI postpones hybrid auction for fifth time- justifies low ceiling tariff
BENGALURU: The Solar Energy Corporation of India (SECI) has postponed its first major hybrid tender for 1200MW – where developers are required to set up a solar and a wind generating plant at the same site – for the Read More +
29 October 2018
Rs 1.9 lakh crore benefit to power companies post Gujarat bailout
New Delhi: Two consumer-interest NGOs, the original applicants in the 2017 Supreme Court case challenging tariff hike allowed to Tata, Adani and Essar group power plants in Gujarat, have told the apex court that the bailout package recom Read More +

26 October 2018
Captive coal miners allowed to sell 25% output in open market
New Delhi: The government has allowed captive coal block owners to sell 25% of their production in open market and provided some flexibility in coal output as it kick-started a fresh round of captive coal auctions on Thursday after a gap Read More +

26 October 2018
The auction process for debt ridden Bhushan Power has been compromised- Tata Steel
New Delhi: The auction process for debt ridden Bhushan Power has been compromised, Tata Steel said on Thursday, making its first public comment on the bidding race where it was overtaken by JSW Steel even after being Read More +

24 October 2018
Govt looks to relax norms for setting up petrol pumps
New Delhi: The government is mulling relaxing norms for setting up petrol pumps as it is keen on getting more private players into fuel retailing so as to increase competition. The Oil Ministry has set up an expert committee to Read More +

24 October 2018
Exchange in the works to discover local gas price
New Delhi: The government is planning a major gas-pricing reform by permitting trading of all domestic supply on a local exchange, slated for year-end opening, a move that would help discover the market price for gas locally and render current&nbs Read More +

22 October 2018
New material harvests Sun's heat for cheaper electricity generation
Washington: Scientists have developed a material that can be used to harvest electricity from the Sun's heat, paving the way for generating cheaper solar power on cloudy days and at nighttime. The innovation is an important Read More +

22 October 2018
Korea power firm warns India of arbitration over fuel supply issue
New Delhi: Korea’s state power utility has begun arbitration proceedings against India for not honouring fuel supply commitment to its gas-based power plant in Maharashtra. Korea Western Power Company (Kowepo) owns 40% in Pioneer G Read More +

19 October 2018
NTPC to raise $150 mn in foreign currency loan
New Delhi: NTPC, India's largest electricity producer, plans to raise $150 million in foreign currency term loan to finance its capital expenditure, according to a company document.
NTPC on Thursday invit Read More +

19 October 2018
Oil refiners profit will fall on high crude prices- RIL
New Delhi: Crude oil prices will remain high in the near term, while petrol supply will increase globally, which will reduce the profit a refiner makes from producing fuel, Reliance Industries, which runs the world’s biggest refining co Read More +
17 October 2018
India likely to add up to 8.5 Gw renewable energy capacity in current fiscal- ICRA
New Delhi: India is likely to add between 8 Gigawatt (Gw) and 8.5 Gw of renewable energy generation capacity in the current financial year ending March 2019 followed by healthy growth next fiscal (2019-20) too, according to research and Read More +

17 October 2018
Edelweiss Infra-backed Sekura buys Essels four Power Transmission Projects for 800 million dollar
Mumbai: Sekura Energy Ltd, backed by Edelweiss Infrastructure Yield Plus (EIYP) fund, will acquire two operating power transmission assets from Essel Infraprojects Ltd- namely Darbhanga-Motihari Transmission Limited and NRSS XXXI (B) Tra Read More +

15 October 2018
Jaiprakash, RKM, 5 others bag 1,900 MW power supply deals
NEW DELHI: Seven companies including RKM PowerGen, Jaiprakash Associates and MB Power have secured contracts to supply 1,900 MW of power to five states.
Power Finance Corp Consulting Ltd, a wholly-owned subsidiary of state-o Read More +

15 October 2018
JSW Energy puts solar power plans on backburner over policy uncertainties
Himachal Pradesh: As uncertainties loom over the solar power sector, mainly on the policy front, the Sajjan Jindal-led JSW Energy has put its ambitious expansions plans in the segment on the backburner.

12 October 2018
Gujarat to seek SC stamp on rescue plan for power plants
New Delhi: The Gujarat government and its discom, Gujarat Urja Vikas Nigam, will on Friday seek the Supreme Court’s consent for implementing a plan allowing the Tata, Adani and Essar groups to pass on increased fuel costs of t Read More +

12 October 2018
IOC to invest Rs 5,463 crore in city gas network in 7 districts
New Delhi: State-owned Indian Oil Corp (IOC) on Thursday said it will invest Rs 5,463 crore in setting up city gas distribution network for retailing CNG to automobiles and piped cooking gas to households in seven districts.&nb Read More +

10 October 2018
BHEL bags Rs 2,900 cr orders from NTPC for emission control equipment
New Delhi: Bharat Heavy Electricals Ltd (BHEL), the country’s largest power equipment manufacturer, today announced it has bagged four order worth Rs 2,900 crore from state-run power generator NTPC Ltd for suppl Read More +

10 October 2018
Panel proposes relief for mega Rs 50,000 cr power projects
NEW DELHI: Relief is in sight for Rs 50,000 crore mega imported coal-based projects of Tata Power, Adani Power and Essar Power with an expert committee recommending that fuel cost should be passed on to consumers prospecti Read More +

08 October 2018
Spot power bids hit ceiling as states rush for purchase ahead of elections
NEW DELHI: Preparations for the upcoming elections have set the spot power market on fire, with state power distribution companies offering to pay more than the asking price just to ensure consistent supply.

08 October 2018
Orange Renewable a done deal, Greenko in final talks to acquire Tanti Co
MUMBAI: Greenko Group is acquiring Orange Renewable from Singapore’s AT Capital Group for an enterprise value of $850 million, ending weeks of intermittent negotiations.
Hyderabad-headquartered Read More +

04 October 2018
Spot power rate at decade high of Rs 18 per unit
Kolkata/New Delhi: Spot power prices shot up to a record Rs 18 per unit on Wednesday as many states bought large volumes at high prices to meet rising demand while supply languished.
This is the highest spot power Read More +

04 October 2018
Acme solar mulls putting 650 MW of capacity up for sale
New Delhi: Acme Solar, which had bid aggressively to push solar tariffs in India to record lows, is considering putting 650 megawatts of capacity on the block, as it weighs various options for the future, multiple people aware of de Read More +

01 October 2018
Saudi shelves $200 bln SoftBank Solar project- WSJ
New Delhi: Saudi Arabia has shelved a $200 billion plan with SoftBank Group Corp to build the world's biggest solar-power-generation project, the Wall Street journal reported on Sunday, citing Saudi government officials. Read More +

01 October 2018
If you delink Aadhaar, oil firms will need bank account details again for gas subsidy
New Delhi: Cooking gas consumers wishing to delink Aadhaar from their bank account after the Supreme Court verdict on the biometric identity will have to provide their bank account details again to oil companies to keep subsidy flowing i Read More +

28 September 2018
Indian electric vehicle start-up gets angel funding to bolster leadership status
Bengaluru: Electric vehicle start-up Strom Motors (E14 Technologies Pvt Ltd) on Thursday said it has secured angel funding from Indian Angel Network (IAN).
The investment would help the Mumbai-based Read More +

28 September 2018
Solar developers skip bidding, new date for submitting bids Oct 12
New Delhi | Bengaluru: India’s efforts to promote domestic solar manufacturing through a large-scale tender have received damp response as most project developers did not submit bids, forcing authorities to extend the deadline for Read More +

26 September 2018
Reverse bidding in renewable energy sector to continue- R K Singh
New Delhi: The government will not accept any unreasonable bids for renewables like solar and wind and continue to conduct auctions via reverse bidding as it is transparent, Union Minister R K Singh said Tuesday.
26 September 2018
Winning power tariff inches up to Rs 2.77 per unit
Bengaluru- Wind power tariffs climbed in the latest auction of 1,200 MW of projects, reflecting concerns by developers over higher costs of transmission. Winning tariffs in the auction held on Tuesday were in the range of Rs 2.76-2.77 pe Read More +

24 September 2018
West Bengal to commission floating solar power plants next year
KOLKATA: The West Bengal government is the process of commissioning floating solar power plants by next year, state minister for power and non-renewable energy Sobhandev Chattterjee said.
The two plants would Read More +

24 September 2018
India will register highest GDP, energy growth among nations through 2040- OPEC
New Delhi: India’s economy will grow at the fastest pace through 2040 and the country’s oil demand growth will remain the fastest globally, in a market that will likely require investments of over $11 trillion. These are the key findin Read More +

21 September 2018
MSEDCL plans to set up 500 electric vehicle charging stations
NAGPUR: State-run power utility MSEDCL plans to set up 500 electric vehicle charging stations across Maharashtra to encourage use of green energy by automobiles, an official said Thursday.

21 September 2018
Lenders to decide on stressed power projects by October 10
NEW DELHI: Top lenders to power projects including State Bank of India, Punjab National Bank, Power Finance Corp and others have agreed to decide the fate of a dozen stressed assets totalling about 13,000 MW by October 10. Read More +

20 September 2018
BHEL wins orders worth Rs 40,932 crore in FY18, declares 91 per cent dividend
New Delhi: State-run engineering major Bharat Heavy Electricals(BHEL) booked orders worth Rs 40,932 crore in 2017-18, registering 74 per cent jump from the previous financial year, its Chairman and Managing Director Atul Sobti& Read More +

20 September 2018
Tata Power, India Power Corp bid for Odisha discom
NEW DELHI: Tata Power and Hemant Kanoria-controlled India Power Corporation Ltd have bid to acquire Odisha’s Central Electricity Supply Utility (CESU), being privatised again after 17 years.
This is firs Read More +

19 September 2018
Solar project developers seek reversal of cap in tariffs
NEW DELHI: Solar project developers have cautioned the government that the decision to cap tariffs in future auctions at Rs 2.50 per unit needs to be reversed because it will make projects unviable as their bids are determined by changes Read More +

19 September 2018
Lenders reluctant to fund renewable energy projects, Power Minister calls stakeholders meet today
New Delhi: Lenders are becoming reluctant to fund renewable energy projects in the country, prompting power minister RK Singh to call all stakeholders on Wednesday to address the concerns of the sector.
Falling tar Read More +

12 September 2018
Delhi High Court to hear petition against fuel price hike today
NEW DELHI: A public interest litigation (PIL) seeking the sale of petrol and diesel at reasonable prices instead of letting oil companies increase the rates exorbitantly was filed in the Delhi high court on Tuesday.

12 September 2018
Tata Power to offer suite of services in rooftop solar drive
New Delhi: India's Tata Power Company plans to offer a range of services from advice and financing to installation and maintenance as it strives to increase its share of the market for rooftop solar panels, a senior executive said on Read More +

10 September 2018
Maharashtra to launch new industrial policy draft today
Nashik: The state government is all set to launch the draft of the new industrial policy in Mumabi on Monday that will be attended by office-bearers of Nashik Industries & Manufacturers’ Association (NIMA) and Ambad Industries Read More +

10 September 2018
The second tender for 10,000 electric cars will be floated soon- Saurabh Kumar, MD, EESL
Saurabh Kumar, Managing Director of Energy Efficiency Services Ltd (EESL) is working hard to implement the government's massive energy efficiency drive through electric vehicles, LED lighting, smart meters, demand side mana Read More +

07 September 2018
ONGC discovers oil and gas reserves in Madhya Pradesh, West Bengal
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) has made oil and gas discoveries in Madhya Pradesh and West Bengal that may potentially open up two new sedimentary basins in the country, the firm's director for explo Read More +

07 September 2018
RBI refuses to relax norms for ARC to warehouse stressed power projects
New Delhi: The Reserve Bank has turned down the Power Ministry's request to give certain concessions for setting up of an Asset Reconstruction Company (ARC) for warehousing stressed assets to prevent distress sale of these plants, a Read More +

05 September 2018
Biodiesel Association of India plans to make biodiesel from used cooking oil
AHMEDABAD: To manufacture biodiesel from used cooking oil, the Biodiesel Association of India (BDAI) aims to collect 1 crore litres of used cooking oil in Gujarat, through the two lakh registered food vendors in the state.
Read More +
05 September 2018
Government rules out excise duty cut as petrol, diesel prices hit fresh high
NEW DELHI: The government will not cut excise duty on petrol and diesel to cushion spiralling prices, which touched fresh highs Tuesday, as it has limited fiscal space available to take any dent in revenue collections, a top official sai Read More +

03 September 2018
External factors behind fuel price rise- Pradhan
Surat: Union Petroleum and Natural Gas Minister Dharmendra Pradhan Sunday blamed "external factors" for the rise in domestic prices of petrol and diesel, but said the increase is temporary. Talking to reporters on the sidelines of a Read More +

03 September 2018
With eye on tariffs, ministry tweaks eligibility for solar tender
New Delhi: The government has scaled down the component manufacturing requirement under its first such solar tender where developers must also agree to locally produce equipment to win projects.
The manufacturing compon Read More +

31 August 2018
Capping solar power tariffs could hurt projects viability, capacity target
New Delhi: Any cap on solar power tariffs imposed in future auctions could dampen free-market sentiment, negatively impact the viability of projects and prove to be an Achilles heel for the government’s plan to achieve the sol Read More +

31 August 2018
SECI's fresh wind energy tender for 1,200 Mw sees better response
BENGALURU: The Solar Energy Corporation of India’s revised wind tender following cancellation of the earlier one has attracted a marginally better response as transmission issues continue to worry developers. The original Read More +

29 August 2018
Indian renewables sector to see strong growth, favourable policy support- Report
New Delhi: Renewables sector in India is expected to see strong growth and favourable policy support going forward as traditional fossil fuel power projects are facing growing transition risks, an HSBC report says. Ac Read More +

29 August 2018
MP's RESCO tender attracts over 31 bidders for 35 MW solar rooftop
New Delhi: A tender floated by Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) for 35 MW of solar rooftop power attracted 31 bidders, and received the country's lowest tariff quote of Rs 1.58 per unit.
"Madh Read More +
27 August 2018
India commissions first wind project connected to inter-state transmission system
New Delhi: The government today announced the country’s first wind power project connected to the Inter-State Transmission System was commissioned today by Ostro Kutch Wind Private Ltd in Gujarat.
State-owned  Read More +

27 August 2018
Government looks to meet 75% of FY19 selloff target by December
New Delhi: The government is looking to complete nearly three-fourths of its disinvestment target by the end of December and has a pipeline of about 15 companies in which it will sell stakes to achieve this interim goal.
Read More +
27 August 2018
Tata-backed Resurgent Power makes better offer for Prayagraj Power
New Delhi: Resurgent Power Ventures, a company backed by the Tata Group and ICICI Ventures, has submitted what may be a better offer for Prayagraj Power Generation Company than JSW Energy’s bid, even though they both Read More +

24 August 2018
Government sets schedule for state entities to float solar power tenders
NEW DELHI: The government has set a schedule for state companies and official agencies to float solar tenders in a move aimed at spacing out the offer of large project capacities and preventing distortion of the market.

24 August 2018
HC stays order slashing tariffs of incentivised wind power generators
NEW DELHI: The Andhra Pradesh High Court has stayed the state regulator’s order that reduced tariffs of electricity supplied by wind projects that received generation-based incentive (GBI) from the Centre.

22 August 2018
Adani Green Energy acquires AGEPteL to invest in international renewable business
New Delhi: Adani Green Energy today said it has acquired 100 per cent stake of Adani Green Energy Pte Ltd (AGEPteL) from its Group firm Adani Global Pte Ltd. AGEPteL was incorporated in March 2017 for investment in in Read More +

22 August 2018
Wind power tariffs rise in NTPC's 1,200 Mw auction
New Delhi: Tariffs climbed substantially in the latest reverse auction of 1,200 MW of wind power projects, held by NTPC.
In the first wind project auction in four months, winning tariffs reached Rs 2.77-2.83 per unit. T Read More +
20 August 2018
Vedanta to invest $2.3 billion towards capex on oil and gas in near term
New Delhi: Vedanta Limited has said it will be investing USD 2.3 billion towards capex on its oil and gas activities in the 'near term' to increase the reserve base by around 375 million barrels.
According to it Read More +

20 August 2018
Govt bets on power sector to meet divestment target
NEW DELHI: With a strategic sale of public sector companies such as Air India (AI), Hindustan Copper and Mecon off the table until next summer’s general elections, the government is eyeing state-run players in the power s Read More +

17 August 2018
NTPC to set up a subsidiary for coal mining soon
New Delhi: State-run power giant NTPC will soon set up a subsidiary to handle its coal mining operations and also plans to enter commercial coal mining after meeting its requirement, an official said. The power sector Read More +

17 August 2018
Govt asks power plants to increase generation to build coal inventories
KOLKATA: The government has asked state-run power plants holding large fuel stocks to increase generation to allow others to run at a lower capacity and build inventories before the festive season.
At present, 117 Read More +

14 August 2018
IOC says will invest Rs 20,000 crore in city gas projects in 5-8 years
NEW DELHI: Indian Oil Corp (IOC), the nation's largest oil company, plans to invest Rs 20,000 crore in city gas distribution projects in next 5-8 years as it bets big on gas business to complement its traditional oil refining and mar Read More +

14 August 2018
Finance ministry defers safeguard duty on solar cells in view of court order
New Delhi: The finance ministry today said that safeguard duty will not be insisted upon on import of solar cells for the "time being" in deference to interim directions passed by the High Court of Orissa. L Read More +

13 August 2018
Preference for state utilities led to power sector stress- RBI
NEW DELHI: The Reserve Bank of India (RBI) has said that stress in the power sector has been caused by state-run utilities being favoured at the expense of private ones amid an escalating row with the government over the centra Read More +

13 August 2018
Madras High Court allows solar import release without paying safeguard duty
Bengaluru: In a new twist to the imposition of safeguard duty on imported solar panels and modules from July 30, the Madras High Court permitted Shapoorji Pallonji Infrastructure to get its consignment of panels from Read More +
10 August 2018
India to invest Rs 3.85 lakh crore to set up 77,000 Megawatt solar capacity
New Delhi: India is likely to invest Rs 385,000 crore for setting up 77,000 Megawatt of solar power generation capacity by 2022, Power and New and Renewable Energy Minister R K Singh said today.

10 August 2018
India to explore China's participation in International Solar Alliance
NEW DELHI: The Ministry of New and Renewable Energy (MNRE) has been asked to explore with its Chinese counterpart the possibility of China joining the International Solar Alliance (ISA), a move that could be instrumental in imp Read More +

08 August 2018
India to comfortably achieve 100 GW solar energy target by 2022- Government
New Delhi: India is all set to comfortably achieve 100 GW of solar energy capacity by 2022 and has already installed solar capacity of 23.12 GW till July this year, Parliament was informed today.
The data regarding generation of Read More +

08 August 2018
World Reaches 1,000GW of Wind and Solar, Keeps Going
August 2, 2018
Bloomberg NEF data indicate that the world has attained the landmark figure of 1TW of wind and solar generation capacity installed. We estimate that the second terawatt of wind and solar will arrive by mid-2023 and Read More +

06 August 2018
Suzlon eyes 30% of 20,000 MW wind capacity to be installed by FY21
MUMBAI: Leading wind turbine maker Suzlon is looking to capture about 30 per cent of the 20,000 megawatt (MW) of wind capacity likely to be commissioned by financial year 2020-21, a senior company executive said.
06 August 2018
Discom plans Rs1.25/unit levy on rooftop solar prosumers
Nagpur: Going against the policy of state government to promote solar power, MSEDCL has proposed to levy a surcharge of Rs1.25 per unit on solar rooftop prosumers. Prosumer is a person who produces and consumes a product.
Read More +
03 August 2018
SECI okays lowest solar auction bid, cancels rest
New Delhi: Solar Energy Corporation of India, the nodal agency for implementing National Solar Mission, has cancelled all but the lowest priced projects allotted in its mega solar auction held on July 13, multiple people familiar with th Read More +

03 August 2018
DIPP starts programme for startups in energy sector
NEW DELHI, AUG 2
The commerce and industry ministry today said Invest India has joined hands with energy companies to offer its three-month programme for startups in the sector.
Initiatives to promote budding entrepreneurs are Read More +

01 August 2018
Safeguard duty to jack up solar tariffs by 35 paise, dent solar's competitiveness- Experts
New Delhi: The government’s latest decision to levy safeguard duty on solar cells imported from China and Malaysia is likely to jack up capital costs of solar power projects by 15 per cent resulting in a 30-35 paise per u Read More +

01 August 2018
Coal India may invite global firms to extract coal bed methane
KOLKATA: State-run Coal India is considering outsourcing coal bed methane production to global operators and will set aside Rs 3,000 crore to part-finance the initiative, company executives said.
“We plan to appoi Read More +

30 July 2018
NITI Aayog proposes nodal energy ministry to streamline governance
New Delhi: The NITI Aayog has proposed a common nodal energy ministry on the lines of the model followed in various other countries to streamline governance among different ministries and departments pertaining to the crucial s Read More +

30 July 2018
Uttar Pradesh annuls 1000 MW solar auction without citing any reasons
Bengaluru: Uttar Pradesh cancelled a 1000 MW solar auction it held earlier this month without citing any reasons but industry sources said it could be because the state government felt the tariff quoted was too high.

26 July 2018
Karnataka overtakes Tamil Nadu in renewable energy, says US-based IEEFA
New Delhi: Karnataka is the new national leader in renewable energy generation, US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday.
It has overtaken Tamil Nadu tha Read More +

26 July 2018
NTPC board to consider plan to raise Rs 12,000 crore via NCDs this week
New Delhi: State-owned NTPC today said its board will this week consider proposal to raise up to Rs 12,000 crore through issuance of non-convertible debentures. The board will meet on July 28, the PSU said in a filing to BSE.

26 July 2018
Government may favour more time for stressed power companies
New Delhi: The government is likely to recommend that bankruptcy proceedings for stressed power plants should kick in after 360 days of default, giving relief to banks and companies that are struggling to meet the 180-day deadl Read More +

24 July 2018
Indian Oil investing over Rs 11,900 crore in Bengal for various projects
New Delhi: State-run oil marketing company Indian Oil Corporation is investing over Rs 11,900 crore in West Bengal for various infrastructure and capacity enhancement projects, an official said on Monday.
24 July 2018
The U.K. Just Went 55 Hours Without Using Coal for the First Time in History
Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables.
The latest example of how one of the dirtiest fossil fuels is being squeezed out of the market came this week in Br Read More +

23 July 2018
First tender for 1,000 Mw solar power capacity in DSIR likely in August
New Delhi: The first tender for the 1,000-megawatt (mw) solar capacity in the Dholera Special Investment Region (DSIR) in Gujarat is likely to be issued next month, a senior official has said.
The DSIR is proposed to ha Read More +

23 July 2018
This Rs 8,000 crore solar power scheme may help Indian firms boost manufacturing
New Delhi: A new 12 Gigawatts solar energy scheme, which has been deftly crafted to mandate local manufacturing without violating WTO’s trade rules, is in the final stages of approval, and will help local industry withsta Read More +
19 July 2018
Safeguard duty on imported modules will raise solar power tariffs up to Rs. 3 per unit- ratings agencies
Mumbai: Solar power tariffs will rise to ₹2.9-3.2 per unit if the government imposes a safeguard duty on solar modules imported from China and Malaysia, as recommended by the Directorate General of Trade Remedies Read More +

19 July 2018
Stressed power assets- HC refuses to stay RBIs Feb circular, to hear plea on Aug 2
The Allahabad High Court on Wednesday refused to stay the Reserve Bank of India’s February circular that had mandated early detection and time-bound resolution of stressed assets, sources said. However, the HC has said until it hears the cas Read More +

18 July 2018
Mytrah Energy bags 100-Mw wind power project in Maharashtra
New Delhi: Independent power producer Mytrah Energy (India) (MEIPL) on Tuesday announced it has bagged a contract for setting up a 100-Megawatt (Mw) wind power project from Maharashtra State Electricity Distribution Company Ltd Read More +

18 July 2018
Indias renewable energy investments topple fossil-fuel for the first time in 2017- IEA
New Delhi: Investment in India’s renewable energy sector overtook those made in the country’s fossil-fuel based power generation projects for the first time in 2017, Paris-based International Energy Agency (IEA Read More +

16 July 2018
Rs 1 crore ISRO's lithium ion cell technology gets overwhelming initial response
New Delhi: Over 130 companies have shown interest in the Indian space agency's lithium ion cell technology and the pre-application conference will be held on Tuesday, said a senior official.
"The response to our announce Read More +

16 July 2018
Revamp of coal auction rules- Business-friendly reforms on cards
NEW DELHI: The coal sector is poised for a round of business-friendly reforms after being opened up for private commercial mining.
An high-power committee, headed by former Central Vigilance Commission Pratyus Read More +

13 July 2018
Electricity bills for Maharashtra consumers may rise 5-6 per cent
MUMBAI: Maharashtra State Electricity Distribution Company Ltd (MSEDCL), which supplies power to parts of Mumbai, Navi Mumbai, Thane and rest of state, has proposed a hike of 5-6% in electricity charges for residential consumer Read More +

13 July 2018
June retail inflation hits 5-month peak of 5 percent industrial growth slows
New Delhi: Inflation based on consumer price index (CPI), or retail inflation for the month of June came at 5 per cent, government data showed on Friday.
In May, the inflation stood at 4.87 per cent.
Read More +
12 July 2018
EESL signs pact to install 1 million smart electricity meters in Haryana
New Delhi: Energy Efficiency Services Limited (EESL), an arm of the power ministry, today announced it has signed two pacts with Haryana power discoms to install 1 million smart electricity meters in th Read More +

12 July 2018
Solar power tariffs rise by more than a rupee in latest auction
Bengaluru: Solar power tariffs in the latest auction have risen by more than one rupee above the record low of Rs 2.44 per unit, which industry insiders say reflected the bidders’ concern about land acquisition in Uttar Prades Read More +

09 July 2018
Proposal for solar-powered ferry boats gains steam
Panaji: Paving way for innovation, the river navigation department (RND) is all set to include the eco-friendly technology of a solar-powered ferry launch service in the state. This service will operate on the Panaji-Aldona route.
Read More +
09 July 2018
Power Ministry mulls Rs 50 crore reward for discoms under Saubhagya
New Delhi: The power ministry is mulling a reward of Rs 50 lakh for state utilities employees and a grant of Rs 50 crore for discoms which will meet household electrification target under Saubhagya scheme at the earliest. Read More +

04 July 2018
ACME bags 600 Mw solar power project in SECI tender
New Delhi: Solar power developer ACME today announced it has bagged the contract for a 600 Megawatt (Mw) Solar Photo Voltaic project in a reverse auction conducted by Solar Energy Corporation of India (SECI) at a tari Read More +

04 July 2018
Hope flickers for troubled power projects in Gujarat
Shimla: Stressed power projects of Adani, Tata and Essar groups may get a favourable package soon as a panel headed by a former Supreme Court judge has been appointed to resolve issues of Rs 40,000 crore of projects idling or underu Read More +

02 July 2018
India to auction 40 GW renewables every year till 2028
New Delhi: India will auction 40 GW of renewable energy projects comprising 30 GW solar and 10 GW wind every year for the next 10 years till 2028, indicating huge potential for domestic manufacturers and developers, a senior of Read More +

02 July 2018
BESCOM asks 110 green energy developers to pay transmission charges
Bengaluru: Karnataka’s main power distribution company has asked 110 renewable energy developers to pay transmission charges as directed by the regulator in an order that was stayed by the state high court on a petit Read More +

29 June 2018
Coal-fired power plants set to get renewed push
New Delhi: Coal-fired power plants, often regarded as polluting relics in an era of clean energy, are making a comeback in the government’s thinking as an official study says the rapid growth in solar projects needs to be Read More +

29 June 2018
India preparing for cut in oil imports from Iran - sources
By Nidhi Verma
NEW DELHI: India's oil ministry has asked refiners to prepare for a 'drastic reduction or zero' imports of Iranian oil from November, two industry sources said, the first sign that New Delhi is respondi Read More +

27 June 2018
Global, local solar manufacturers spar over safeguard duty
Bengaluru: The first public hearing on a proposal to introduce 70% safeguard duty on imported solar panels on Tuesday saw heated arguments between global manufacturers of the panels and modules and their local rivals, with Indian solar p Read More +

27 June 2018
Impose 95 per cent safeguard duty on solar cells import- ISMA
New Delhi: Indian Solar Manufacturers Association (ISMA) has demanded imposition of 95 per cent safeguard duty on imports of solar cells and modules to protect domestic players from cheap inbound shipments.

25 June 2018
Bihar planning to have 2,000 MW solar power by 2022 Deputy CM
PATNA: Deputy CM Sushil Kumar Modi said on Sunday the power plants at Pirpainti in Bhagalpur and Kajra in Lakhisarai, which were initially proposed to be coal-based thermal power plants, would now be solar power plants.
Read More +
25 June 2018
Safeguard duty on solar equipment may hit India's 100 GW target- Industry
New Delhi: Solar power developers have expressed concerns that safeguard duty on solar equipment may jeopardize India's target of installing 100 GW capacity by 2022 as it would directly affect 25 GW volume under various sta Read More +
22 June 2018
Gujarat government announces wind-solar hybrid power policy
AHMEDABAD: In a bid to ensure optimal use of land and transmission infrastructure, the Gujarat government today announced a policy to promote setting up of wind as well as solar power projects at one location.
The 'Wind-Solar Hybrid Read More +

22 June 2018
Govt to launch single solar power bid of 100,000 Megawatt- R K Singh
New Delhi: Union Minister R K Singh has said the government will bring single solar bid of 1 lakh MW, which would also include storage and solar equipment manufacturing components.
"The bi Read More +

20 June 2018
India announces 30 Gigawatt offshore wind energy target by 2030
New Delhi: The Ministry of New and Renewable Energy (MNRE) today announced medium and long-term offshore wind energy target of 5GW by 2022 and 30 GW by 2030, respectively, to provide confidence to the industry.

20 June 2018
Sanctity of contracts fundamental requirement for investment- Vedanta Cairn Oil & Gas CEO
New Delhi: Vedanta Cairn Oil & Gas Chief Executive Officer (CEO) Sudhir Mathur has said sanctity of contracts is a fundamental requirement for businesses to invest. The company had taken the government to court over extensi Read More +

18 June 2018
Gujarat Borosil to invest Rs 435 crore to double tempered solar glass capacity
New Delhi: Solar glass manufacturer Gujarat Borosil plans to invest around Rs 435 crore to more than double its manufacturing capacity of tempered solar glass facility by fiscal 2020.
The company, which has a Read More +

18 June 2018
India will achieve 10 per cent GDP growth by Q4 of current fiscal- Goyal
New Delhi: The government is hopeful of achieving double-digit gross domestic product (GDP) growth in the country by the fourth quarter of the ongoing financial year, Railway and Coal Minister Piyush Goyal said on Monday.
Read More +
15 June 2018
Japans SoftBank to invest up to $100 billion in India solar power project - NHK
TOKYO: SoftBank Group Corp has decided to invest $60 billion-$100 billion in a solar power project in India, Japanese public broadcaster NHK reported on Friday.
SoftBank and the Indian government are Read More +

15 June 2018
Indias first solar-powered EV charging station installed in Mumbai
Renewable energy solutions provider Magenta Power, in association with Exicom Power Solutions, has installed India's first solar-powered DC fast charging station for electric vehicles (EVs) in Turbhe, Mumbai.
Read More +
13 June 2018
Tata Power Renewable signs power purchase pact with GE
New Delhi: Tata Power Renewable Energy Ltd today said it has entered into a power purchase agreement (PPA) with GE to provide solar rooftop solutions for six manufacturing and services sites in India.
13 June 2018
Karnataka regulator pegs wind power ceiling tariff at Rs 3.45 per unit
Bengaluru: Karnataka’s power regulator has fixed a ceiling tariff of Rs 3.45 per unit for wind auctions in the state and directed that all future purchases of wind power should be solely through competitive bidding.

11 June 2018
India's first technology transfer pact for lithium-ion batteries signed
New Delhi: An agreement on first transfer of technology for lithium-ion batteries was signed here on Sunday between the government-run Central Electro Chemical Research Institute (CECRI) and RAASI Solar Power Pvt Ltd, Read More +

11 June 2018
Solar auctions to delay further amid concerns over duty, ISTS issues
New Delhi: Solar auctions would be "dragged further" amid uncertainty about imposition of 70 per cent safeguard duty on solar equipment and concerns among developers over grant of inter-state transmission system (ISTS Read More +

08 June 2018
China's new solar policy may delay India's plan to make panels
New Delhi: India may delay its first-ever auction to build solar factories after a Chinese decision to withdraw some state support to power projects is seen leading to an equipment supply glut and price crash.
An auction by state Read More +

08 June 2018
No more electricity bills to your home, Here is governments plan to revolutionise billing system
Electricity bills reaching homes will be a history soon as government is currently planning to revolutionise the entire billing system by making all meters smart prepaid in the next three years. “In next three years metering will go smart pr Read More +

06 June 2018
4 years of Modi government How India performed in renewable energy sector
Four years of Modi government: During the four years of its rule, Modi government brought about many changes in the country’s renewable energy landscape. Even though it may be too early to call the entire journey as pat Read More +

06 June 2018
Israel plans to tender the country's largest solar energy project
JERUSALEM: Israel is planning to put to tender a 500 megawatt solar energy project, which would be the country's largest, the Energy Ministry said on Tuesday.
Plans for the photovoltaic field, which w Read More +

06 June 2018
DGTR to hold public hearing on safeguard duty probe of solar cells on June 26
New Delhi:The Directorate General of Trade Remedies(DGTR), under the commerce ministry, will hold a public hearing on June 26 here on safeguard duty investigation of solar cells.
The meeting assumes significa Read More +

04 June 2018
Government may cut stake in state-run companies to 49 percent
NEW DELHI: The government is readying a roadmap to lower its stake in all central public sector enterprises (CPSEs) to 49% in three years, except for those operating in sectors of strategic importance such as defence a Read More +

04 June 2018
Greenko set to buy Orange Renewables for $1 billion
Mumbai: Greenko, backed by Singapore’s GIC and Abu Dhabi Investment Authority, is set to announce its largest acquisition with the purchase of the solar and wind portfolio of Orange Renewables for an enterprise value Read More +

01 June 2018
Solar equipment imports wont have safeguard duty
Ahmedabad: In a major relief to solar power producers, the central government has decided not to levy 70% safeguard duty on solar equipment imported from China and Malaysia. The move, according to National Solar Energy Federation of Read More +

01 June 2018
Tamil Nadu taps record wind energy for 2017-18, leads clean energy chart
Chennai: Tangedco harnessed 13,000 million units of wind energy and 2,905 million units of solar energy in 2017-18. Tamil Nadu is the only state to have used so much of green energy last year. The state Read More +

22 May 2018
Is it possible to get 100 percent of our energy from renewable sources
Washington D.C: The questions regarding renewable energy are never-ending.
Is there enough space for all the wind turbines and solar panels to provide all our energy needs? What happens when the sun doesn't shi Read More +
04 May 2018
Global green bonds issuance dropped 11.5 per cent in Jan-Mar 2018
New Delhi: The issuance of green bonds at a global level declined 11.5 per cent in the first three months of 2018 with only $30.4 billion of green bonds brought to the market, as compared to the same period last year, international credit rating a Read More +

04 May 2018
IRP of Lanco Infratech awaits tribunal decision for liquidation
HYDERABAD: Lanco Infratech today said its interim resolution professional (IRP) has sought the approval of the National Company Law Tribunal for liquidation of the company or a takeover by Thriveni Earthmovers which has submitt Read More +

04 May 2018
Lenders find a rescue plan for stressed power generation assets
New Delhi: Lenders to the power sector led by State Bank of India (SBI) have decided to float a fund to take over 14 stressed power plants of companies such as KSK Energy, IndiaBulls and RKM Powergen. The decision is aimed at preventing Read More +
04 May 2018
Indias refining capacity rose 5.8 per cent last fiscal on Jamnagar and Kochi expansion
New Delhi: India’s refining capacity rose 5.8 per cent last financial year to 247.6 Million Tonne Per Annum (MMTPA) mainly on the back of capacity expansion at Jamnagar refinery operated by Reliance Industries (RIL) in Gujarat and Kochi refi Read More +

02 May 2018
Renewable power developers headed for transmission woes
BENGALURU: Renewable energy developers are worried that transmission facilities are not keeping pace with power generation even as 12,000 MW of solar projects under construction and another 7,000 MW of wind projects have been bid out since wind au Read More +

02 May 2018
MSEDCL floats tenders for buying solar power from new plants
NAGPUR: State discom MSEDCL has given a big boost to solar power in state by deciding to buy 2,000 MW for next 25 years. This power will come from new solar plants. At present, it buys 850 MW against the peak demand of about 20,00 Read More +

02 May 2018
India, Nepal revive bid to bring 22-yr-old mega dam project back to life
NEW DELHI: India and Nepal have decided to prepare a detailed project report (DPR) of their ambitious Pancheshwar multi-purpose dam project by December and agreed to resume fresh negotiations to resolve critical issues of water sharing a Read More +

02 May 2018
Bhushan Power and Steel lenders decide against inviting fresh bids
MUMBAI: Lenders to Bhushan Power and Steel have decided against seeking a second round of bids for the bankrupt steel company over concerns that this could lead to offers below the Rs 18,500 crore offered by Liberty House and t Read More +
28 April 2018
Indias GDP may grow 7.3 percent in FY19- Fitch
NEW DELHI: India’s economy will grow 7.3% in the current financial year and gain pace to 7.5% next year as the “temporary drag” from demonetisation and the goods and services tax fades away, Fitch Ra Read More +

28 April 2018
India aims to split GAIL within a year to open up natural gas sector
MUMBAI/NEW DELHI: India plans to split state-run gas utility GAIL by March next year to create two companies: one marketing gas, and another operating pipelines that can be used by consumers who buy direct from producers, the head of the Read More +

28 April 2018
Liberty House trump's Tata Steel bid for Bhushan Power
New Delhi: UK's Liberty House group has trumped a bid by Tata Steel to buy bankrupt Bhushan Power and Steel, according to people directly briefed on the matter.
The committee of creditors of Bhus Read More +

28 April 2018
SECI invites bids for 2000 MW hybrid solar and wind projects
BENGALURU: Solar Corporation of India (SECI) is set to launch its second hybrid tender – for projects combining wind and solar energy – in May. It has issued an advertisement alerting developers that it will be inviting sealed bids for Read More +

27 April 2018
Siemens Gamesa bags largest wind turbine order in India
New Delhi: Siemens Gamesa Renewable Energy, the Spanish wind energy giant, today announced it has bagged largest order for wind turbines in India.
“Under the terms of the EPC contrac Read More +

27 April 2018
U'khand Cabinet approves use of dry pine leaves for generating power
Dehradun: The Uttarakhand Cabinet gave its nod to a policy, permitting commercial use of dry pine leaves, considered the main factor behind forest fires in the state, for generating electricity.
The cabinet Read More +

27 April 2018
Grundfos bets big on solar, smart pumps to double India revenue to Rs 1,000 crore
FRISHOLT (DENMARK): Grundfos India Ltd is expanding its network with the aim of doubling revenue to Rs 1,000 crore in the next four years, betting big on an innovative ‘Make in India’ solar pump for rural areas and intelligen Read More +

27 April 2018
Petrochemicals growth and stable GRM to pump it up for RIL
New Delhi: Reliance Industries Ltd (RIL) is likely to post 13th straight sequential increase in the standalone net profit when it declares results for the March quarter on Friday. Higher profitability of the petrochemical segment and sta Read More +

26 April 2018
Stanchart raises crude oil price forecasts for 2018, 2019
New Delhi: Standard Chartered has raised its 2018 crude oil price forecasts by $10 saying that the market has began to acknowledge the importance of OPEC-led production cuts.
The British bank, which revised it Read More +

26 April 2018
Global wind capacity to rise by more than half in next five years
New Delhi: Global wind energy capacity could increase by more than half over the next five years, as costs continue to fall and the market returns to growth at the end of this decade, a report by the Global Wind Energy Council shows.
Read More +
26 April 2018
Coal India ropes in IIT to plan manpower profile
Kolkata: Coal India Ltd (CIL) has engaged the Indian Institute of Technology (IIT) to prepare a comprehensive manpower profile plan for itself. The world’s largest coal company employs 2.8 lakh persons including Read More +

26 April 2018
Thermal plant pollution to be controlled by 2022- Govt to SC
NEW DELHI: Pollutant spewing coal-based thermal power plants, indispensable because they account for 60% of India’s electricity production, will conform to emission standards by 2022, the Centre informed the Supreme Court  Read More +

26 April 2018
Thriveni Earthmovers leads race for Lanco Infratech
NEW DELHI: Iron ore mine developer-cum-operator Thriveni Earthmovers has emerged as the highest bidder for debt-laden Lanco Infratech, people familiar with the development said.
With a debt of about Rs 45,000 crore, Lanco In Read More +

25 April 2018
Mamata to visit China, US to woo investors
Kolkata: West Bengal Chief Minister Mamata Banerjee today said she has plans to meet industrialists in Shanghai during her visit to China soon.
Stating that she has received a communication from the Ministry of Fo Read More +

25 April 2018
Trump likes coal, but that doesn't mean he's hostile to wind
New Delhi: President Donald Trump has courted coal miners and cast doubt on whether fossils fuel contribute to climate change, but that hasn't translated into hostility for renewable energy - particularly offshore Read More +

25 April 2018
General Electric to trial world's largest wind turbine in Britain
LONDON: U.S. conglomerate General Electric will test the world's largest wind turbine in a facility in northeast England, it said on Tuesday.
GE Renewable Energy, the renewable arm of the U.S. fi Read More +

25 April 2018
Indias safeguard duty on solar cells faces criticism at WTO
NEW DELHI: India’s decision to impose safeguard duty on imported solar cells drew criticism from the European Union and Japan at the World Trade Organisation (WTO) on Monday, with the two trade giants criticisin Read More +

25 April 2018
First growth in Indias natural gas production in six years
New Delhi: India’s natural gas production grew for the first time in six years in 2017-18. Gas output grew 2.35 per cent to 32,649 Million Standard Cubic Meter (MMSCM) primarily due to production from onshore blocks offsetting a de Read More +

24 April 2018
Now, a big data boost for infrastructure sector
New Delhi: Researchers from Indian Institutes of Technology (IIT)-Madras and Bombay along with Harvard University are using big data to build India’s first comprehensive database on infrastructure projects called Integrated Da Read More +

24 April 2018
Bids for Moser Baer Solar likely this week: Resolution professional
New Delhi: News for the assets of bankrupt Moser Baer Solar are likely to be invited this week, according to resolution professional Arvind Garg.
The company owes over Rs 1,000 crore to a clutch of lenders. The de Read More +

24 April 2018
Indias crude oil import bill set to rise 20 percent to $105 billion in FY19
New Delhi: The steady rise in international crude oil prices besides pinching the pockets of Indian consumers may also disrupt the government’s fiscal maths with the country’s crude oil import bill expected to surge by 20 per cent to $ Read More +

24 April 2018
Diu Smart City 1st in India to run on 100% renewable energy during day
New Delhi: The Diu Smart City has become the first city in India that runs on 100 per cent renewable energy during the daytime, setting a bench-mark for other cities to follow, an official release said today.

24 April 2018
Coal supply to power plants may remain tight for two years: KPMG
Kolkata: Coal supply position for thermal power plants is expected to remain tight for about two years, after which new railway links will help ease the situation.
“Demand for coal is expected to outpace domestic Read More +

23 April 2018
ABB launches worlds fastest e-vehicle charger at Hannover Messe, strength-ening its leadership in sustainable mobility
Commercial launch of the Terra HP fast charger places ABB at the forefront of EV-charging technology
By operating at powers of up to 350 kilowatts, the newest model from ABB, Terra High Power charger, adds up to 200 kilometers of range Read More +

23 April 2018
SJVN signs MoU to target 9,200 mn units generation this fiscal
New Delhi: Public sector power generator Satluj Jal Vidyut Nigam (SJVN) Ltd has signed an MoU with the Union Power Ministry setting a target of generating 9,200 million units of electricity, according to an official a Read More +

23 April 2018
Power department owes consumers Rs 10 crore
New Delhi: UT power department owes its consumers Rs 10 crore as interest on security deposit. The electricity department caters to 2.15 lakh consumers in nine categories. Most of the power is consumed by domestic consumers, fo Read More +

23 April 2018
HSBC to stop financing most new coal plants, oil sands, arctic drilling
New Delhi: Europe's largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oil sands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels.

23 April 2018
Mundra Solar eyes to become $1 bn company in 2-3 years
New Delhi: Mundra Solar PV, the solar photovoltaic manufacturing arm of diversified Adani Group, looks to become a $1 billion company over the next 2-3 years, a top company official said.
The company is also hoping Read More +

23 April 2018
ONGC targets onshore dollars
Hong Kong: India's biggest oil explorer Oil and Natural Gas Corp is looking to raise US$1bn in the onshore market, in the first big deal to target foreign-currency deposits with domestic lenders.
The one-year loan would set a Read More +

20 April 2018
NTPC calls tariff-based bids for 2,000MW of renewable energy
NEW DELHI: State-run power producer NTPCNSE -0.59 % has called tariff-based bids to buy 2,000 MW of renewable energy, which it plans to blend with the costly coal-based capacity and sell to distribution companies under their existing contracts.&nb Read More +

20 April 2018
Hero Future Energies sets up countrys first hybrid renewable power plant
New Delhi: Hero Future Energies has commissioned the country’s first large-scale hybrid renewable energy project — a combination of sun and wind power — in Karnataka’s Raichur district.
Read More +
20 April 2018
India, UK governments invest in $711 million Indian renewable energy fund
London: Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India.
Read More +
20 April 2018
Importers to gain from 22% dip in Indonesia coal prices
Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augurs well for plants that import fuel.
China has restricted coal imports Read More +

20 April 2018
World's largest solar park Shakti Sthala inaugurated in Karnataka
Chief Minister Siddaramaiah on Thursday inaugurated a solar power park with a 2,000 megawatt capacity at Pavagada in Karnataka's Tumakuru district, about 70 km from here.
"Karnataka has emerged as the third-l Read More +

20 April 2018
RIL-BP sanction satellite gas field development in KG-D6
New Delhi: Reliance Industries and its partner BP plc today announced sanctioning of a second project to develop satellite gas fields in the KG-D6 block to help reverse the flagging output at the Bay of Bengal block.& Read More +

18 April 2018
PNGRB to act as market regulator for natural gas trading hub
New Delhi: India’s downstream oil and gas regulator Petroleum and Natural Gas Regulatory Board (PNGRB) is set to take up the role of the market regulator for the natural gas sector, when the planned natural gas trading hub&nbs Read More +

18 April 2018
British PE firm Actis close to buying solar assets of India's Shapoorji Pallonji- Reports
MUMBAI/NEW DELHI: British private equity firm Actis is close to signing a deal to buy the solar power portfolio of Indian conglomerate Shapoorji Pallonji, three people aware of the development said on Tuesday.

18 April 2018
India, US kick off strategic energy partnership with task force on gas
NEW DELHI: India and the US have decided to set up a joint task force on natural gas, hitting the road with India-US Strategic Energy Partnership at a time when a new order is emerging in the global oil market.
At the inaugural m Read More +

17 April 2018
Green Energy Association to move SC against APTEL order on RECs
New Delhi: Industry body Green Energy Association today said it will move the Supreme Court against the tribunal APTEL's order which upheld power regulator CERC's ruling reducing forbearance and floor price of Read More +

17 April 2018
CIL to undertake commercial extraction of methane before mining coal
KOLKATA: Coal India (CIL) will undertake commercial extraction of methane from all new mines holding substantial volume of the gas. Methane would be sold commercially before the company takes up coal extraction from these mines Read More +

17 April 2018
UK joins India-led International Solar Alliance to mark Modi visit
New Delhi: The UK joined the India-led International Solar Alliance (ISA) ahead of Prime Minister Narendra Modi's four-day visit to Britain.
At an event held at the London Stock Exchange as part Read More +

17 April 2018
Siemens Gamesa to expand further in India despite tender troubles: CEO Markus Tacke
New Delhi: Global green energy company Siemens Gamesa Renewable Energy plans to expand further in India despite a difficult adjustment to the tendering process for wind energy projects, which was initiated last year, its g Read More +

16 April 2018
Petition Against Levy of Safeguard Duty on Solar Imports Dismissed by Madras High Court
Today on 16 April 2018, Madras High Court has dismissed the petition by Shapoorji Palloonji Group against levy of 70% Safeguard duty on Solar Imports from China, Malaysia, Taiwan, Singapore
Its now upto the Ministry of Commerce to decide Read More +

16 April 2018
No License required for EV charging infrastructure- Power Ministry
New Delhi: Companies setting up charging infrastructure for electric vehicles do not require any separate license for electricity transmission, distribution or trading, the power ministry has said in a clarification.
Th Read More +

16 April 2018
BHEL's solar plant stuck in limbo as MP govt keen to use site for events
By Anil Dubey
Bhopal: Despite getting the Centre's clearances for the solar power plant that BHEL proposes to set up on its own land on the city outskirts, the project is yet to take off as the Madhy Read More +

16 April 2018
US Energy Secretary to meet oil minister Dharmendra Pradhan
New Delhi: US Energy Secretary Rick Perry is arriving here today to hold bilateral talks with his Indian counterpart Dharmendra Pradhan on enhancing energy cooperation.
His visit comes on the heels of the conc Read More +

16 April 2018
China interested in joining International Solar Alliance
New Delhi: China has expressed interest in joining the International Solar Alliance (ISA), a treaty based inter-governmental alliance of 121 sunshine-rich countries that lie fully or partially between the Tropics of Cancer and Capricorn. Read More +

16 April 2018
NuPower Renewables valued at Rs 700 crore for Mauritius investor
MUMBAI: The Rs 398-crore investment by Mauritius-based DH Renewables in Deepak Kochhar’s NuPower Renewables for a 55% stake appears to have been made at a valuation that was generous relative to its financials, based on a Read More +

13 April 2018
Andhra Pradesh reservoir to have floating solar power plant
VISAKHAPATNAM: In a move to set-up of a floating solar power plant in Andhra Pradesh, the Greater Visakhapatnam Municipal Corporation (GVMC) has started construction of a 2MW floating solar farm at Mudarsarlova r Read More +

13 April 2018
We are working on an annuity model for gas pipelines development- D K Sarraf
New Delhi: India has started working on its ambitions plan to develop a gas-based economy, complete with new LNG terminals, doubling of pipeline infrastructure and gas trading hub with the right policies and regulations in place. In a free Read More +

13 April 2018
India and China can influence crude oil pricing- Dharmendra Pradhan
New Delhi: India and China, the traditional rivals, plan to jointly leverage their buying power to influence the crude oil pricing, oil minister Dharmendra Pradhan has said.
“We are competitors. They hav Read More +

13 April 2018
Ratnagiri refinery- Won't allow it to be set up, says Uddhav Thackeray
New Delhi: The Shiv Sena, which is a partner in the state government, today vowed that it would not allow the setting up of a mega-refinery in Nanar in Ratnagiri, the go-ahead for which was given by the Union government yesterday.
Read More +
13 April 2018
Power Ministry offers to supply e-cars to central government departments
New Delhi: The power ministry has offered to supply electric cars to central government departments, which can either lease or purchase them — a move that can raise demand for such vehicles by about 5 lakh. The proposed m Read More +

12 April 2018
Union cabinet simplifies CBM exploration from Coal India blocks
NEW DELHI: The Union cabinet on Wednesday approved simplifying exploration of coal bed methane from coal blocks allotted to Coal India Ltd.
The Cabinet Committee on Economic Affairs granted relaxation to Coal Read More +

12 April 2018
PM Modi calls for responsible pricing for affordable energy to all
New Delhi: In a subtle message to oil cartel OPEC, Prime Minister Narendra Modi today said efforts to artificially distort prices are self-defeating, and a global consensus must be built for responsible pricing to provide affordable Read More +

12 April 2018
Cabinet delegates powers to oil, finance ministers to award oil blocks
NEW DELHI: The Union Cabinet has empowered the ministers of petroleum and natural gas and finance ministries to approve the award of the blocks and contract areas to successful bidders under Hydrocarbon Exploration and Licensing Policy (HELP) and Read More +

12 April 2018
Govt working on 'unbundling' of marketing & transportation of gas- Pradhan
New Delhi: The government is working on 'unbundling' of marketing and transportation of gas in the country, Oil Minister Dharmendra Pradhan has said, in a move that would end up splitting Gail, the owner of most of nation Read More +

12 April 2018
Government floats proposal for India's first offshore wind project
NEW DELHI: The government has invited the industry to explore India’s first offshore wind energy project proposal, following its plans to achieve 5 GW project capacity by 2022 in this area which has not yet been explored in the cou Read More +

11 April 2018
India looks to use new-found clout to seek better oil bargains with global producers
New Delhi: India is aiming to drive harder bargains with global oil producers, including Saudi Arabia, during bilateral meetings at a conference of energy ministers this week, officials said, leveraging its strength as the world's th Read More +

11 April 2018
Devon Energy will lay off 9 percent of staff to boost returns, streamline operations
Houston: Devon Energy Corp said on Tuesday it would lay off 300 workers, roughly 9 percent of staff, part of a plan to streamline operations and boost the shale oil producer's sagging returns and stock price.
The cu Read More +

11 April 2018
Ujjwala success makes India world's 2nd largest LPG importer
New Delhi: India is the world’s second-largest importer of LPG (liquefied petroleum gas) after China and remains ahead of Japan as the Narendra Modi government’s drive to provide clean cooking fuel to millions of po Read More +

11 April 2018
PM Modi to open mega global oil and gas ministerial IEF today
New Delhi: Oil ministers from key producing and consuming countries and top executives of international oil firms have gathered in New Delhi to debate the way ahead for the energy sector at the 16th International Energy Forum (IEF) Minis Read More +

11 April 2018
ONGC, Reliance in talks with customers to sell east coast gas
NEW DELHI: India's Oil and Natural Gas Corp Ltd and Reliance Industries Ltd have started discussions with buyers to sell natural gas from their fields in the Bay of Bengal that are expected to start production ove Read More +

10 April 2018
PM Modi to inaugurate 16th International Energy Forum on Wednesday
New Delhi: Prime Minister Narendra Modi will inaugurate on Wednesday the 16th International Energy Forum, the largest gathering of ministers from energy consuming, producing and transit countries, the oil ministry said.
Read More +
10 April 2018
Big hike likely in pay scales of coal India's 17,000-odd executives
KOLKATA: Pay scales of Coal India's 17,000-odd executives — from junior levels right up to chairman's post — are proposed to be more than doubled, although the increase would be smaller after accounting for Read More +

10 April 2018
Imported solar power equipment will not attract customs duty
BENGALURU: Much to the relief of solar developers, the Central Board of Indirect Taxes and Customs (CBITC), has clarified that the bulk of imported solar panels and modules will not attract customs duty, putting to rest a controversy tha Read More +

10 April 2018
Govt to auction 2,500 Mw of medium-term power purchase pacts soon
NEW DELHI: The government will soon kick off pilot auction of medium-term power purchase agreements for 2,500 mw of electricity, ending a six-year long spell of state governments restricting electricity procurement from power plants.
Read More +
10 April 2018
Charging hiccup- Private stations cant sell electricity
BENGALURU: While the Centre is increasingly pushing for e-mobility, there’s no clarity on the retail sale of power to electric vehicles. Bescom officials said the Electricity Act 2003 allows only Discoms (dist Read More +

09 April 2018
Power rate hike in open market to push PSPCL's purchase bill
Patiala: The sudden rise in the cost of power in the open market seems to have become a cause of concern for the Punjab State Power Corporation Limited (PSPCL) as this might increase its power purchase bill during the current fiscal Read More +

09 April 2018
Oil steadies after Friday's falls, but trade disputes still weigh
Singapore: Oil markets stabilised on Monday after slumping around 2 percent last Friday on the back of concerns of an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity.
U. Read More +

09 April 2018
Atha Group plans Rs 3,100-crore investment to build 1000 MW renewable portfolio
Kolkata-based mining and minerals group Atha will invest Rs 3,100 crore for expanding its renewable energy capacity to 1,000 megawatt (MW) by 2022 from the present 200 MW. The 60-year-old group targets to achieve it through organic and inorganic r Read More +

09 April 2018
With an eye on debt, Tata Sons set to discuss M&A plans of group companies
New Delhi: The board of Tata Sons, the holding company of the diversified conglomerate, will discuss the various mergers and acquisitions (M&A) plans of the Tata group, especially with regard to the debt that it will be running up, said t Read More +

06 April 2018
IEF meet cements Indias pole position in global energy map
NEW DELHI: India is hosting the 16th ministerial round of International Energy Forum, a grouping of 72 member countries accounting for almost 90% of global supply and demand for oil and gas, in yet another proof of New Delhi’s pole posi Read More +

06 April 2018
Govt may revise coal production target of 1 bn tonnes set for 2020
New Delhi: With an assessment suggesting the current trend may not warrant pursuing the projected coal output target of 1 billion tonnes by 2020, the government today gave an indication of revising the production target of the Read More +

06 April 2018
Singapore's GIC says to raise investment in Indian renewable firm Greenko
New Delhi: Singapore's could pump more money into Indian renewable energy firm Greenko Energy Holdings, which could help it double or triple its power capacity over the next 3-5 years, a senior GIC official said on Thu Read More +

06 April 2018
Marginal rise in wind tariffs in latest 2,000 Megawatt SECI auction
BENGALURU: Wind tariffs climbed marginally in the latest reverse auction of 2,000 MW held by Solar Energy Corporation of India (SECI) on Thursday, with winning tariffs reaching Rs 2.51-2.52 per unit. This was marginally higher than the t Read More +

06 April 2018
Honours even for global, local players in 2000 MW SECI wind auction, tariffs rise marginally
BENGALURU: Wind tariffs climbed marginally in the latest reverse auction of 2,000 MW held by Solar Corporation of India (SECI) on Thursday, with winning tariffs reaching Rs 2.51-2.52 per unit. This was marginally higher than the tariff of Rs 2.44- Read More +

05 April 2018
NITI Aayog submits draft Cabinet note on zero-emission vehicles
New Delhi: NITI Aayog has submitted a draft Cabinet note on developing a strategy for zero emission vehicles and ancillary technology, Parliament was informed today.
In a written reply to the Lok Sabha, Minist Read More +

05 April 2018
PM likely to flag off Madhepura factory's first electric loco next week
New Delhi: Prime Minister Narendra Modi is likely to dedicate the locomotive facility in Madhepura in Bihar to the nation and flag off the first high-power electric locomotive assembled there on April 10, railway ministry sources said to Read More +

05 April 2018
India to offer $3-4 bn plan for Iran gasfield- Sources
New Delhi: India is set to offer a $3-4 billion development plan for the Farzad B gas field to Iran next week after Tehran reduced the scope of the project, two sources familiar with the matter said.
Relations between t Read More +

05 April 2018
Wind energy capacity addition declines under auction regime
BENGALURU: While the onset of wind auctions from early last year has led to greater transparency in the determination of wind tariffs, the transition has also sharply reduced wind capacity addition in 2017-18. The capacity added has only Read More +

05 April 2018
ONGC to get Rs 800 crore boost from gas price hike- OIL to gain Rs 100 cr
New Delhi: The latest 6 per cent hike in natural gas prices announced by the government would lead to a Rs 800 crore bonanza for state-run petroleum explorer Oil and Natural Gas Corporation (ONGC) and Rs 100 crore for Oil India Ltd (OIL) annually Read More +

04 April 2018
L&T, two other companies bag Uttar Pradesh power meter deal
New Delhi: Infrastructure major Larsen and Toubro (L&T), Genus Power and Allied Engineering have bagged a contract to supply 10 million pre-paid meters to Uttar Pradesh under the Saubhagya scheme, which aims to add more tha Read More +

04 April 2018
Govt amends solar bidding norms, developers can now pass on duty hike
New Delhi: The government has amended solar bidding norms, allowing developers to pass on the burden of any increase in duties on solar equipment to discoms, ending the industry’s apprehensions about likely impact of Read More +

04 April 2018
IGL provides record 150,000 cooking gas connections
New Delhi: Indraprastha Gas Ltd, the firm that supplies CNG to automobiles and piped cooking gas to households in the national capital, today said it provided a record 1.5 lakh new cooking gas connections in the Read More +

04 April 2018
India to achieve 60 GW wind capacity before 2022, say manufacturers
New Delhi: The Indian wind industry is on course to achieve the government's 60 GW capacity target ahead of the 2022 deadline as it has already crossed 34 GW mark, the Indian Wind Turbine Manufacturers Association (IWTMA) said today. Read More +

04 April 2018
ONGC bargains 12% discount on insurance premium
New Delhi: In spite of hardening oil and gas prices, flagship explorer ONGC will pay 12% less annual premium for insuring its offshore assets, an indication of trust reposed by overseas re-insurers in the state-run company&rsqu Read More +

03 April 2018
Avaada Power in talks with state govts for floating solar projects
New Delhi: Renewable energy firm Avaada Power is in talks with various states governments to set up floating solar projects and expects some large tenders to be floated in the next two months, a top company official said.
Read More +
03 April 2018
ReNew Power acquires Ostro Energy
Mumbai: Clean energy company, ReNew Power today said it has acquired Ostro Energy for an undisclosed amount.
"This strategic investment helps ReNew Power further consolidate its position in the fast Read More +

03 April 2018
Oil inches up, but rising Russian output still weighs
Beijing/Singapore: Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude prices were offset by a potential slowdown in U.S. production.
U.S. WTI crude futu Read More +

03 April 2018
Inclusion of petrol and diesel in the GST will help consumers pay a rational price: Dharmendra Pradhan
New Delhi: An inclusion of petrol and diesel in the Goods and Services Tax framework will help consumers pay a rational price for the fuel, Oil Minister Dharmendra Pradhan has said after fuel prices rose to Read More +

03 April 2018
No govt balm to ease fuel price pain
New Delhi: Be ready to pay through your nose for petrol and diesel. Fuel prices scaled new highs on Monday but still the Centre remained unwilling to give up some of the additional excise duty gains it had made when oil prices were low. Neither ar Read More +

02 April 2018
Power companies see better margins on soaring summer demand
NEW DELHI: Power companies expect better margins this summer owing to higher electricity demand on the back of rising temperatures earlier than previous years.
The short-term electricity tariffs discovered by state dist Read More +

02 April 2018
Ratnagiri refinery: Pradhan says open to offer majority stake to Aramco
DABHOL: Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramco's interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri, which when completed will be the largest si Read More +

02 April 2018
Coal India misses production target for 2017-18 by 5 per cent
New Delhi: State-run Coal India Ltd (CIL) reported that it has missed the production target for 2017-18 (FY 18) by five per cent but it achieved a 2.4 per cent growth in the fuel production over last year.
CIL also said Read More +

02 April 2018
ReNew Power to buy Ostro Energy in biggest renewables deal
Bengaluru: Sumant Sinha-led Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of ₹10,800 crore ($1.66 billion), the biggest M&A deal in the renewables sector, sources close to the de Read More +

02 April 2018
Indian oil refiners are investing Rs 30,000 crore for upgrading to BS VI technology- SSV Ramakumar, IOC
New Delhi: India has just launched the high efficiency BS VI grade of petrol and diesel in a bid to cut vehicular emissions. However, However, the improved fuel quality will have a marginal impact on emissions until the launch of the complimentary Read More +

30 March 2018
Gas price hike to jack up power cost by 3 per cent- CNG, PNG to get costlier
New Delhi: The latest 6 per cent hike in domestic natural gas price will jack up cost of power generation by Rs 3 per unit apart from making Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) costlier by 50-55 paise per Kilogram and 35-40 pa Read More +

30 March 2018
Petronet to invest Rs 400 crore next fiscal- Kochi utilization seen dipping in Q4
New Delhi: Petronet LNG Ltd (PLL), the country’s largest importer of natural gas, plans to invest Rs 400 crore next financial year (2018-2019) double than Rs 200 crore spent in the current fiscal, company executives told analysts i Read More +

30 March 2018
Coal India says will remain market leader even after entry of pvt players
New Delhi: State-owned Coal India Ltd (CIL) today exuded confidence that it will remain the market leader even after the entry of private players into commercial mining of the dry fuel.
There have been talks of co Read More +

30 March 2018
China is no threat for India on energy front- Dharmendra Pradhan
New Delhi: China is no threat to India in terms of securing its energy supplies even though the two compete on the world stage for energy sources, oil minister Dharmendra Pradhan has said.
“China has its Read More +

29 March 2018
Uncertainty over duties impacting tendering for solar projects- ICRA
New Delhi: The prevailing uncertainty over the quantum and timelines related to imposition of safeguards duty and anti-dumping duty on imported solar cells and modules will impact tendering activity in the solar power sector, research an Read More +

29 March 2018
CIL to supply coal by road to power plants located at shorter distance- Goyal
In a bid to meet the coal requirement of powerhouses, Coal India (CIL) subsidiaries have offered to supply the fuel by using road networks from available pithead stock to plants located within 60 km from the nearest mines, Parl Read More +

29 March 2018
Pradhan talks Texas energy bridge as India to get 1st US gas cargo on Friday
NEW DELHI: India will get its first shipment of US gas next week on Friday at Dabhol in Maharashtra, oil minister Dharmendra Pradhan said on Wednesday, underlining the backdrop of his talks with visiting Texas Governor Gre Read More +
29 March 2018
India raises locally produced natural gas prices for Apr-Sept to $3.06/mmbtu
NEW DELHI: India has raised the price of its locally produced gas by nearly 6 percent to $3.06 per million metric British thermal units (mmBtu) for the April-September period, compared with the previous six months, a government website showed on W Read More +

29 March 2018
Solar power tariffs rise in Gujarat reverse auction
BENGALURU: Winning tariffs in Gujarat’s latest solar reverse auction showed a significant increase over those in its last auction in September last year, lending further credence to the view that solar tariffs have bottomed out. Read More +

28 March 2018
Reliance Industries arm sells assets in Eagle Ford shale for $100 million
New Delhi: Reliance Industries Ltd (RIL) today said its subsidiary Reliance Eagleford Upstream Holding LP will sell certain assets in Eagle Ford shale to Sundance Energy Inc for a consideration of USD 100 million (ove Read More +

28 March 2018
Grid infrastructure, policy framework key to Indias renewables aim - Irena
New Delhi: India should strengthen its power grids and put an emphasis on a clear policy framework to bring down the cost of capital investments, the head of the International Renewable Energy Agency (Irena) said on Tuesday, as the natio Read More +

28 March 2018
Coal Indias new pricing may raise fuel cost, consumers complain
New Delhi: Coal India’s new pricing system may raise fuel costs because the monopoly would end up charging for moisture content in consignments, its consumers have complained. But executives of the state-run miner said the new pric Read More +

28 March 2018
Govt pushes ahead BIS implementation date for solar manufacturers and sellers
New Delhi: Citing urgency in the need for maintaining quality of solar equipment being deployed in the country, ministry of new and renewable energy (MNRE) has brought forward the implementation date of a quality control order Read More +

28 March 2018
Last sparks in non-solar RECs as regulated prices stifle market
The market for Renewable Energy Certificates (RECs), which has been witnessing downturn for the past three years, could be staring at an end soon. While the trading of solar RECs has been stalled for a year now, non-solar Read More +

27 March 2018
BHEL bags largest solar PV power plant order
New Delhi: Bharat Heavy Electricals Ltd (BHEL), the country’s largest power equipment manufacturer, today announced it has bagged an order for setting up a 75 Megawatt (Mw) solar photo-voltaic power plant in Gujarat, its largest so Read More +

27 March 2018
Coal India offers 10 million tonne of coal for summer stock of power plants
NEW DELHI: Coal India Ltd (CIL) is offering 10 million tonne of coal, adequate for 2,000 mw, for open market auction exclusively for generation stations — the largest such offering being made to quickly shore up fuel stock at therm Read More +

27 March 2018
Indian industry should set up projects in ISA member countries- R K Singh
New Delhi: The government will encourage domestic solar players to scale up their business abroad in a bid to demonstrate leadership in promoting the International Solar Alliance(ISA), an international alliance of 121 solar-rich countries sit Read More +

27 March 2018
SC asks Centre to consider BS-VI fuel in 13 metros from April 2019
New Delhi: The Supreme Court has asked the Centre to look into the possibility of rolling out the BS-VI fuel in 13 metro cities by April 2019, besides introducing it in the national capital from the beginning of the next month. Read More +

27 March 2018
Indian oil refiners are ready for the BS VI leap- Rebecca Liebert, Honeywell UOP
Rebecca Liebert, President and CEO of Honeywell UOP, the global supplier and technology licensor for the oil and gas industry, talks to Bilal Abdi on the impact of low crude oil price on business and shares her insights on current trends shap Read More +

26 March 2018
Commerce Ministry ends anti-dumping probe into solar cells import on industry's request
The Commerce Ministry’s investigation arm DGAD said it is terminating its anti-dumping probe on imports of solar cells from China, Taiwan and Malaysia. The Indian Solar Manufacturers Association has made a request to terminate the present in Read More +

26 March 2018
New tech may lead to cheaper, greener engines
Toronto: Scientists have developed a new technology that can reliably and affordably increase the efficiency of internal combustion engines by over 10 per cent.
The system for opening and closing valves could significantly Read More +

26 March 2018
Eleven companies in fray to supply 500 MW solar power to GUVNL
Ahmedabad: As many as 11 companies have evinced interest in supplying solar power to Gujarat Urja Vikas Nigam Limited (GUVNL), which last month invited bids from solar power developers to supply 500MW to the state-run utility. Read More +
26 March 2018
Global electricity demand up 3.1 per cent in 2017- China, India account for 70 percent- IEA
New Delhi: Global electricity demand witnessed a 3.1 per cent jump in 2017 with major contribution coming from China and India. The two nations together accounted for 70 per cent of the rise, International Energy Agency said in Read More +

26 March 2018
OMPL, MRPL merger will make Mangaluru a major economic hub
MANGALURU: Union petroleum minister Dharmendra Pradhan said that the coastal city will emerge as a new economic hub after the merger of ONGC Mangalore Petrochemicals Ltd (OMPL) and MRPL.
“The m Read More +

26 March 2018
Coal India to adopt more transparent, customer-friendly pricing system
KOLKATA: Coal India will adopt a new pricing system from April 1, which the company’s chairman said will be more customer friendly, transparent and aligned with global norms.
Coal India will start c Read More +

23 March 2018
Delhi Budget- Govt proposes to reduce reliance on fossil fuel based power generation
New Delhi: In its Budget for 2018-19, the Delhi government has proposed to encourage renewable energy initiatives to reduce fossil fuel-based power generation.
A host of renewable energy initiatives Read More +

21 March 2018
Maharashtra power supplier admits 'financial crisis' over Rs 39,000 cr dues
The Maharashtra State Electricity Distribution Co. Ltd. on Tuesday admitted to a “very serious” financial situation arising with a staggering Rs 39,000-crore in unpaid power bills outstanding from consumers in the state. “This ma Read More +

21 March 2018
Bihar power generation may reach 1,990 MW in 2018-19- Minister
Patna: Bihar's own power generation will reach up to 1990 MW by the end of 2018-19 from the current 720 MW of power generation, Energy Minister Bijendra Prasad Yadav said in the Assembly.
Yadav also annou Read More +

21 March 2018
Is the International Solar Alliance the new model for co-operative development
NEW DELHI: The International Solar Alliance could help change the way development agencies, and through them governments, give priority to climate-related issues. Remy Rioux, CEO of the French development agency, Agence Franç Read More +

21 March 2018
Indias coking coal imports jump 12 per cent in April-Feb 2017-18
KOLKATA: The country's coking coal import increased to 43.53 million tonne (mt) from 38.83 mt during the period April 2017 – February 2018, a jump of 12.10% over same period last year, according to mjunction, a leading e-c Read More +

21 March 2018
Edelweiss, Hero Future Energies eye Atha Groups solar assets
NEW DELHI: Edelweiss Group and Hero Future Energies are scouting for solar assets close to 190 mw project capacity of Kolkata-based Atha Group, sources closely associated with the developments said.

21 March 2018
Solar auctions in Maharashtra & Karnataka put off on lack of bidders
BENGALURU: In a reversal of the upbeat sentiment prevailing in solar energy last year, two recent solar auctions – one in Maharashtra and the other in Karnataka – have failed to attract enough bi Read More +

20 March 2018
Saudi Aramco keen on majority stake in Rs 3 lakh crore Ratnagiri refinery
New Delhi: Saudi Aramco, the world’s largest producer of oil, is seeking majority ownership of the proposed ₹3-lakh-crore refinery-cum-petrochemical complex on the Indian west coast, marketing rights over entire fuel and petrochemical Read More +

20 March 2018
Reliance, other private fuel retailers double petrol, diesel market share
New Delhi: Private fuel retailers like Rosneft-owned Essar Oil and Reliance Industries have doubled their market share in last three years, capturing close to 7 per cent of petrol sales and over 8 per cent of diesel s Read More +

20 March 2018
Coal India and NTPC plan JV for plants, private stressed assets
NEW DELHI: State-run monopoly Coal India Ltd is considering floating a joint venture with the country’s top power producer NTPC to set up plants at mines that do not have transportation access and acquiring priv Read More +

20 March 2018
Trying to bring entire Maharashtra under solar power- Minister
Mumbai: Maharashtra Power Minister Chandrashekhar Bavankule today told the Legislative Assembly that his department would try to bring the entire state under solar power.
The minister was speaking a Read More +
20 March 2018
Oil prices rise on Middle East tension, but soaring U.S. output caps gains
By Henning Gloystein
SINGAPORE: Oil prices edged up on Tuesday, lifted by tensions in the Middle East, although rising output in the United States and shaky stock markets put a lid on further gains.
U. Read More +

16 March 2018
Biggest Solar Power Plant setup under Solar Park scheme
New Delhi: The Biggest Solar Power Plant in Uttar Pradesh has been set up through a transparent auction under the Solar Park scheme of New and Renewable Energy Ministry.
Viability Gap Funding (VGF) o Read More +

16 March 2018
Commercial coal mining- INTUC to move Supreme Court against govt decision
KOLKATA: One of the largest trade unions in India has decided to approach the Supreme Court to contest the government’s decision to allow private companies in the coal sector, saying the move will lead to job losses, lowe Read More +

16 March 2018
India to take criminal action against errant solar power developers
New Delhi: India will penalize solar power developers who are using foreign equipment in power generation projects that were awarded on the basis that they would only use locally-made solar cells and modules.
Accord Read More +

16 March 2018
Policy measures for promotion of new & renewable energy
Total capacity of 65 GW renewable energy installed in the country so far
The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s e Read More +

15 March 2018
Parliamentary panel for formulation of new hydro power policy
New Delhi: A Parliamentary panel has asked the government to formulate a new hydro power policy to address various issues related to the sector and harness the potential renewable source of the energy.
The governm Read More +
15 March 2018
India's top refiner eyes $1.5 billion in savings with own plant tech
By Debjit Chakraborty and Saket Sundria
India’s biggest oil refiner has developed refining processes that may help it save at least $1.5 billion in costs as well as challenge global giants in the t Read More +

15 March 2018
IOC, Tata Motors to jointly develop hydrogen fuel cell technology
New Delhi: Indian Oil Corporation (IOC), the nation’s largest fuel retailer, and Tata Motors have started collaboration to jointly develop indigenous hydrogen fuel cell technology.
IOC’s Director-R Read More +

15 March 2018
India ranks 78th on WEF Energy Transition Index- lower than Brazil, China
New Delhi: India has been ranked at 78th, lower than its emerging market peers like Brazil and China, among 114 countries on the World Economic Forum's Energy Transition Index that was topped by Sweden.
The re Read More +

15 March 2018
Govt to amend solar bid rule to allow pass through of import duty hike
New Delhi: Allaying fears of an adverse impact on India's solar energy programme due to the proposed 70 per cent safeguard duty, Power Minister R K Singh today said the government will amend bidding rules to allow pass through of dut Read More +

14 March 2018
India's February wholesale inflation eases for third straight month
By Manoj Kumar NEW DELHI: India's annual wholesale price inflation eased for the third straight month in February after touching an eight-month high in November, helped by a softer rise in food and fuel prices, governm Read More +

14 March 2018
70% solar safeguard duty to dampen investor sentiment: Par Panel
New Delhi: A Parliamentary panel has flagged the proposed 70 per cent safeguard duty on solar equipment saying there is no valid ground for it and would affect the viability of existing projects and dampen investor sentiment.

14 March 2018
NTPC commissions third 800 Mw unit of Kudgi super thermal power plant in Karnataka
New Delhi: India’s largest power generator NTPC Ltd today announced it has commissioned the third 800 Megawatt (Mw) unit of the Kudgi super thermal power plant at Bijapur in Karnataka.

14 March 2018
PowerGrid inks pact with SBI for Rs 5,000 crore loan
New Delhi: State-owned Power Grid Corp said that it has entered into an agreement with State Bank of India for Rs 5,000 crore term loan for meeting its capital expenditure.
In a BSE filing it s Read More +

14 March 2018
BHEL commissions 600 Megawatt thermal power plant in Andhra Pradesh
New Delhi: Bharat Heavy Electricals Ltd (BHEL), India's largest power equipment manufacturer, today announced it has commissioned a 600 Megawatt (Mw) coal-based thermal power unit in Andhra Pradesh.

09 March 2018
Diu becomes first UT to run 100% on solar power
SURAT: The harnessing of solar energy has made Diu the country’s first energy surplus Union territory and a model for an effective way for people to harness this renewable energy source.
In jus Read More +

09 March 2018
Coal min cancels Jaypee's mining license after sale of end-use plant to Ultratech
New Delhi: The coal ministry has cancelled mining license for Mandla South coal block won by Jaypee cement following sale of attached plants to Ultratech Cement. Jaypee Cement sold three of the four projects attached Read More +

09 March 2018
Our bid for Bhushan Power rejected without even opening seal- Liberty House to NCLT
NEW DELHI: UK-based Liberty House today submitted before the NCLT that Insolvency Resolution Professional (IRP) rejected its bid to acquire Bhushan Power and Steel without even opening the seal of its offer.
Read More +
09 March 2018
EIB to sign loan pact with India for clean energy projects on March 10
New Delhi: European Investment Bank (EIB) today said it will ink an agreement on Saturday to provide loan for small and big clean energy projects in India, which will be part of its Euro 800 million investment in the country.&n Read More +

09 March 2018
India to achieve 20,000 Mw solar power capacity in current fiscal- R K Singh
NEW DELHI: India is close to achieving 20 GW grid connected installed solar power generation capacity this fiscal itself with 19.58GW already in hand till February end, Parliament was informed today.
"As Read More +

09 March 2018
Nearly 80% of Indian households now have access to LPG gas
New Delhi: Nearly 80 per cent of Indian households now have access to clean cooking gas, a big jump from 56 per cent three years ago, as state-run oil firms are enrolling new customers at a record pace to meet the target set by the Modi gover Read More +

08 March 2018
India to announce new biofuel policy soon to realize Rs 1 lakh crore investment
New Delhi: India’s oil minister Dharmendra Pradhan today said a new bio-fuel policy will be launched in 2018 with his ministry likely to approach the cabinet soon with a draft proposal. There is a Rs 1 lakh crore investment opportu Read More +

08 March 2018
Chandigarh to install countrys largest solar energy capacity on water reservoirs
New Delhi: In its endeavour to make Chandigarh first renewable city, the Chandigarh administration is all set to install country’s largest solar photovoltaic power capacity of 20 MW over water storage reservoirs Read More +

08 March 2018
India to strengthen solar cooperation at ISA summit
New Delhi: India is all set to host 25 heads of state or government on March 11 at the inaugural International Solar Alliance (ISA) summit, which will provide a platform for the country to display soft power, unlike China& Read More +

08 March 2018
With $1-billion cheque, Greenko closes in on Orange Renewables
NEW DELHI | MUMBAI: Greenko, backed by Singapore’s GIC and Abu Dhabi Investment Authority, is close to striking a deal to purchase wind and solar energy producer Orange Renewables for an enterprise value of about $1 billion, s Read More +

07 March 2018
Allowing commercial mining of coal may help slash Indias import bill by Rs 30,000 crore, says Crisil
The latest decision by the government to allow commercial mining of coal will help India save Rs 30,000 crore. By allowing private firms to mine coal, India will boost not only its production but also save Rs 30,000 crore of imports, PTI reported Read More +

07 March 2018
Amplus inks pacts with Andhra, Maharashtra for 500 MW solar energy
New Delhi: Amplus Energy Solutions today said it has signed agreements with Maharashtra and Andhra Pradesh to build solar projects with an investment of Rs 2,700 crore.
The Gurgaon-based company has sign Read More +

07 March 2018
First oil, now gas- India starts importing LNG from US
New Delhi: After crude oil, India today began importing natural gas from the US, with the first shipment of LNG under a 20-year deal being flagged off from Louisiana.
State-owned gas utility GAIL&nb Read More +

07 March 2018
Microsoft inks renewable energy deal for Bengaluru facility
New Delhi: Tech giant Microsoft today said it has inked its first renewable energy deal in India for powering its new facility in Bengaluru.
The agreement will see Microsoft purchase 3 megawatts of Read More +

07 March 2018
Indias first US-sourced natural gas shipment leaves from Cheniere Energys Sabine Pass
New Delhi: State-owned natural gas utility GAIL today announced the dispatch of its first US-sourced Liquefied Natural Gas (LNG) shipment under a 20-year Sale Purchase Agreement (SPA) signed with US’ natural gas exporter Cheni Read More +

07 March 2018
Maharashtra 500 Mw wind power auction sees firming up of tariffs
NEW DELHI: An auction to award 500 MW of windpower contracts in Maharashtra on Tuesday saw tariffs firming up, breaking a streak of plummeting prices for electricity generated from the renewable energy sourc Read More +

06 March 2018
Sembcorp Energy arm wins 300 MW wind project
New Delhi: Sembcorp Energy India Ltd (SEIL) today said it has been awarded a 300-megawatt project in the country's third wind power auction conducted recently.
This is the third consecutive win for the subsidi Read More +

06 March 2018
JSW Energy acquires JSW Electric Vehicles
NEW DELHI: Sajjan Jindal-led JSW Energy today acquired JSW Electric Vehicles Private Ltd.
The JSW Electric Vehicles is part of diversification strategy of JSW Energy Ltd to foray into electric vehicles, energ Read More +

06 March 2018
Indian Oil Corp commissions multi-product pipelines in Chennai
CHENNAI: State-owned Indian Oil commissioned three multi-product pipelines here today at a cost of Rs 98 crore as part of its move towards better management of pipeline network and adhering to safety norms.
This i Read More +

06 March 2018
RBI new NPA norms may hit 50,000 Megawatt power capacity
NEW DELHI: Power companies fear that two-thirds of private thermal power capacity is at high risk of being declared as non-performing assets (NPA), following the new norms on stressed assets issued by the RBI last mon Read More +

05 March 2018
Reliance Energy Mumbai customers can pay bills at post offices
Mumbai: In a move to widen the easy payment options for electricity bills, distribution company (discom) Reliance Energy on Friday announced it has tied up with Department of Post to enable bill payment at post offices in Read More +

05 March 2018
India, Vietnam strengthen ties on nuclear energy, trade and agriculture
New Delhi: Prime Minister Narendra Modi held talks with Vietnamese President Tran Dai Quang on Saturday and discussed steps to further strengthen the comprehensive strategic partnership in different sectors between the two nati Read More +
05 March 2018
Oil prices climb ahead of OPEC meeting with U.S. shale firms
SEOUL: Oil prices rose early on Monday ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut.
Oil ministers from th Read More +

05 March 2018
EESL to invest over Rs 10,000 crore in AP for 1 lakh electric vehicles
Vijayawada: Energy Efficiency Services Ltd (EESL) has agreed in principle to invest a capital cost of Rs 10,250 crore in Andhra Pradesh with operational investment of Rs 2,000 crore per year for 1 lakh electric vehicles. S Read More +

05 March 2018
Fear of safeguard and anti-dumping duty hits solar power auctions
BENGALURU: The looming threat of safeguard duty and anti-dumping duty on imports of solar panels and modules has begun impacting participation in solar auctions, leading to the postponement of two recent auctions.

01 March 2018
RPowers Sasan plant gets govt permission to mine 18 mn tonne coal
New Delhi: Reliance Power said that its 3,960 MW Sasan ultra mega power project has got the permission from the coal ministry to increase mining output by a million tonnes every year to 18 million tonnes. Read More +

01 March 2018
Lakshadweep joins UDAY scheme for power distribution firms revival
New Delhi: The Union territory of Lakshadweep today joined UDAY scheme, which is meant for revival of debt stressed power distribution companies (discoms) in the country.
"The Government of Ind Read More +

01 March 2018
Avaada to invest Rs 3,500-crore for 500 MW solar projects in Andhra Pradesh
New Delhi: Clean energy firm Avaada Power today said it will invest Rs 3,500 crore to develop 500 MW utility-scale solar projects in Andhra Pradesh.
"Our business strategies are interwoven with th Read More +

01 March 2018
India regains status as fastest growing major economy
By Manoj Kumar
NEW DELHI: India regained its status as the world's fastest growing major economy in the October-December quarter, surpassing China for the first time in a year as government spending, manufacturing and service Read More +

28 February 2018
Reliance Industries may shut KG-D6 Blocks MA Field by October
NEW DELHI: Reliance Industries will likely stop producing from its MA field in the KGD6 block by October following a continuous decline in output for years, according to multiple people familiar with the matter.
Read More +
27 February 2018
GUVNL floats 500 Mw wind power tender with greenshoe option
AHMEDABAD: State-run Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids to procure 500MW of power from grid-connected wind power projects. The apex power utility in the state has also kept a greenshoe option for the additional pur Read More +

27 February 2018
Jharkhand government to introduce cheap, safe LPG for households
Ranchi (Jharkhand): Union Minister Dharmendra Pradhan shed light on the state government's plans of laying a new gas pipeline to provide cheap and safe gas across the state.
"We are going to be laying Read More +

27 February 2018
RIL-BPs Rs 40,000 crore investment plan in KG-D6 approved
New Delhi: A government oversight panel headed by DGH today approved USD 4 billion investment plan of Reliance Industries and BP plc for developing three sets of natural gas discoveries in the KG-D6 block in the Bay of Ben Read More +

27 February 2018
Leading solar companies address National Solar Conclave in Lucknow
LUCKNOW: Along with the All India Solar Summit-2018 (AISS-2018) one day National Solar Conclave was organized by Indian Industries Association at IIA Bhawan, VIbhuti Khand, Gomti Nagar Lucknow on February 24. The conclave was addressed by the repr Read More +

27 February 2018
M&M plans to double its electric vehicles portfolio in three years
New Delhi: Mahindra & Mahindra, which plans to invest Rs 800 crore towards product development and capacity expansion in its electric vehicle business, aims to double its portfolio and bring on road at least four new models in the segment in t Read More +

26 February 2018
CII Summit- Renewable energy sector witnesses 68,000 crore fund flow
Visakhapatnam: Discussions around renewable energy took centre stage at the CII Partnership Summit on Sunday, as Andhra Pradesh signed MoUs worth over Rs 68,000 crore for a host of projects in this area.

26 February 2018
Adani Group to invest Rs 9,000 crore across sectors in Andhra Pradesh
VISAKHAPATNAM: Adani Group will invest Rs 9,000 crore in projects across different sectors in Andhra Pradesh, it announced on Saturday.
Gautam Adani, Chairman, Adani Group, made the announcement at the inaugural se Read More +

26 February 2018
EESL announces Rs 3,730 crore investments in e-mobility, renewable energy
Visakhapatnam: Energy Efficiency Services Limited (EESL)announced an investment of Rs 3,730 crore across four projects spanning e-mobility, energy efficiency and renewable energy. The projects, for which EESL inked four MoUs with the gov Read More +

26 February 2018
India needs to focus on investment for double digit growth- Citigroup
New Delhi: India needs to industrialise further and target 25 per cent of GDP pie for manufacturing sector by 2025 in order to achieve double-digit investment growth and create jobs for its swelling labour force, says a Citigroup&nb Read More +

26 February 2018
Tepid response, HC court stay hit Karnataka solar power auctions
Bengaluru: Karnataka’s solar programme has received two setbacks in quick succession: its latest solar auction for 1200 MW has been postponed, while the results of an earlier one for 860 MW have been stayed by the Karnataka High Court. Read More +

23 February 2018
Modi govt plans Gobar-Dhan scheme to convert cattle dung into energy
NEW DELHI: First getting villagers to collect and treat it, then tapping entrepreneurs to set up plants to generate bio-gas and bio-CNG, pushing it to market through oil and gas marketing and then selling it online through e-commerce platforms&mda Read More +

23 February 2018
Amplus to invest Rs 2,200 crore to set up 500 Mw solar capacity in UP
New Delhi: Gurugram-based Amplus Energy Solutions today announced it has signed a Memorandum of Understanding (MoU) with Uttar Pradesh government to set up solar power generation capacity of 500 Megawatt (MW) in the s Read More +

23 February 2018
Train shortage, power demand to drive resurgence in Indias coal imports
Bambolim: Caught between logistical bottlenecks and surging demand from power plants, India will likely increase coal imports in 2018, industry executives said, in what would be a setback to the government's plans to cut the country& Read More +

23 February 2018
Essar Oil seeks loans from traders as banks fear Russian links
LONDON: Essar Oil is looking to raise over $1 billion from trading houses after its new Russian owners could not raise loans from major Western banks due to sanctions on Russia.
Essar wants to borrow the money for 3-4 y Read More +

23 February 2018
India, France to co-host International Solar Alliance Summit in March
New Delhi: India will co-host the first International Solar Alliance Summit with France on March 11 in the national capital, where at least 10 heads of state are expected to be present.
Announcing detail Read More +

22 February 2018
Lack of clarity on policy leaves electric vehicles market in a limbo
Chennai: With FAME2 hanging in limbo, the electric vehicle industry is holding back planned or proposed investments.
Although with M&M and SUN Mobility announcing its investments, the total electric vehicle investments Read More +

22 February 2018
Indias monthly oil import bill growth at a year-high
New Delhi: The recent massive rise in global crude oil prices has now started inflating the oil import bill for India that meets 80 percent of its crude requirement through inbound shipments. January’s oil import cost ballooned by a whopping Read More +

22 February 2018
Bhushan Power & Steel lenders ask Tatas to revisit conditions
New Delhi: The consortium of lenders to Bhushan Power & Steel has asked Tata Steel to waive certain conditions in its offer for the company and rejected a late bid by the UK’s Liberty House, people briefed on the Read More +

22 February 2018
ReNew Power inks pact with UP to set up 1,200 MW renewable capacity
New Delhi: ReNew Power Ventures today said it has inked a pact with the Uttar Pradesh government to invest Rs 8,000 crore for 1,200 MW of renewable energy capacity, a move which can create 12,000 jobs in the state.&nb Read More +

21 February 2018
Cabinet approves methodology for auctioning coal blocks for commercial mining
NEW DELHI: The Union Cabinet on Tuesday approved the methodology for auctioning Coal blocks for commercial coal mining. Companies that submit highest bids for the coal blocks will win the auctions.
Read More +
21 February 2018
Coal India monopoly to end as decks cleared for mining by private players
New Delhi: The private sector will soon be able to mine coal and sell it to power plants, steel mills and other users, ending the decades-old monopoly of state-run Coal India Ltd (CIL) and its affiliates, marking a lo Read More +

21 February 2018
Cabinet to vet Rs 48,000 crore KUSUM scheme for solar power by March
NEW DELHI: The Rs 48,000-crore KUSUM scheme to promote the use of solar power among farmers would be placed before the Cabinet by next month, New and Renewable Energy Minister R K Singh said today.
Read More +
21 February 2018
RIL signs MoUs worth Rs 60,000 crore at Magnetic Maharashtra summit
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) has signed 25 MoUs at the ongoing 'Magnetic Maharashtra: Convergence Summit 2018' with various global giants with an investment of Rs 60,000 crore over 10 years to crea Read More +

21 February 2018
Liberty House submits bid for Bhushan Power and Steel
New Delhi: After conveying its intent last week to be allowed to participate as a late bidder for Bhushan Power and Steel, UK-based Liberty House has submitted a bid on Tuesday to the resolution professional, said people aware Read More +

20 February 2018
Indias electric car pursuit may create cyber security risk, says Niti Aayog member
India’s dependence on imported components for electric vehicles could make the country vulnerable to cyber-security breaches, according to the government’s chief policy think-tank, Niti Aayog
India should manufacture Read More +

20 February 2018
Renew Power inks pact with Maha govt for Rs 14K-cr investment
New Delhi: Clean energy firm ReNew Power today said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment of Rs 14,000 crore in the state for commissioning renewable energy plants. Read More +

20 February 2018
Sembcorp Industries says to reorganise India energy business
SINGAPORE: Singapore-based Sembcorp Industries said on Monday it would reorganise its India energy operations into a single entity, citing a more streamlined shareholding structure and greater synergy.
The industrial co Read More +

20 February 2018
Transmission charge waiver gives hope to solar, wind projects
NEW DELHI: Power produced from wind and solar projects will become viable, and more attractive for discoms as the government last week waived off inter-state transmission charges for wind and solar projects commi Read More +

20 February 2018
NTPC pays interim dividend of Rs 2,251 crore for current financial year
New Delhi: NTPC Ltd, India's state-owned power generator, today announced it has paid an interim dividend of Rs 2,251.01 crore, equivalent to 27.30 per cent of the paid-up equity share capital of the company, for Read More +

19 February 2018
Uttar Pradesh cabinet clears biofuel policy to address crop burning
LUCKNOW: The state cabinet cleared the UP Biofuel Policy on Friday which is expected to address the crop residue burning issue to a large extent. An MoU worth Rs 8,000 crore has already been signed under this policy, the details of which Read More +

19 February 2018
Indian Oil Corp to invest Rs 70,000 crore to expand refining capacity
NEW DELHI: Indian Oil Corp (IOC) will invest Rs 70,000 crore to raise its oil refining capacity by about a quarter by 2030 as it takes the lead to meet rising energy needs of the country.
IOC will expand its refin Read More +

19 February 2018
Reliance Industries plans Rs 60,000 crore digital industrial area in Maharashtra
MUMBAI: Billionaire industrialist Mukesh Ambani today said his firm Reliance Industries Ltd (RIL) and its global partners will set up the country's first integrated digital area in Maharashtra entailing investments of Rs 60 Read More +

19 February 2018
Delhi witnessed lowest ever power cuts this financial year
New Delhi: The national capital witnessed its lowest ever power cuts in the current financial year that also saw the highest ever peak power demand, according to a Delhi government data.
A government official said Read More +

19 February 2018
EESL to float another global tender for 10,000 electric vehicles
New Delhi: State-run Energy Efficiency Services Ltd(EESL) will soon float another global tender for 10,000 electric vehicles to be deployed across the country for government use, a senior executive has said.
EESL, Read More +

16 February 2018
Indias oil imports hit record high in January
New Delhi: India imported a record 4.93 million barrels of oil per day (bpd) in January to feed its expanded refining capacity and meet rising demand, ship tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Read More +

16 February 2018
Like Swachch Bharat, need a clean air mission: TERI
New Delhi: Calling for a clean air mission on the lines of the Swachh Bharat mission, The Energy and Resources Institute (TERI), in a report launched Thursday, warned that even if it is implemented right away, particle pollution will increase till Read More +

16 February 2018
Over Rs 537-crore dues bleed MSEDCL, Aurangabad zone
Aurangabad: A whopping Rs 537.34 crore of dues have been pending with different types of consumers coming under the jurisdiction of MSEDCL, Aurangabad zone, weakening the financial condition of the state power utility.
Read More +
16 February 2018
Renewable power: Tamil Nadu is 9th globally in renewable energy output
Chennai: A new study by US based Institute for Energy Economics and Financial Analysis (IEEFA) places Tamil Nadu in the ninth spot globally among areas that generate wind and solar power The report, “power-industry transition, here and now&r Read More +

16 February 2018
Actis set to buy Bhorukas renewable energy assets
BENGALURU: Global private equity fund Actis LLP is poised to acquire renewable energy assets of Karnataka-based Bhoruka Group, a person familiar with the negotiations said.
The deal will be Read More +

15 February 2018
BHEL bags Rs 560 crore order from NTPC for emission control equipment
New Delhi: Bharat Heavy Electricals Ltd (BHEL), the country’s largest power equipment manufacturer, today announced it has bagged a Rs 500 crore order from stat-run power generator NTPC Ltd for supplying emission con Read More +

15 February 2018
Wind energy tariffs do not fall further in latest auction for 2,000 Mw
BENGALURU: Torrent Power, Re-New Power, Green Infra Wind Energy and Inox Wind Infrastructure were among bidders that won contracts in India’s largest auction of wind energy projects with tariffs that w Read More +

15 February 2018
Adani looking for foreign coal mines despite challenges in Australia
By Sudarshan Varadhan
BAMBOLIM, India - Indian resources conglomerate Adani Enterprises Ltd is looking to buy mines in countries such as Indonesia, a company executive told Reuters on Wednesday, despite its struggles to Read More +

15 February 2018
Liberty House keen on Bhushan Power bid but RP says its late
New Delhi: UK-based Liberty House on Wednesday confirmed its intent to put in a bid for Bhushan Power & Steel, but the person in charge of the debt resolution process at the company said there was no plan to extend the bidd Read More +

14 February 2018
NLC India to aggressively bid for railways' solar projs: Goyal
New Delhi: Union minister Piyush Goyal today said state-owned NLC India plans to aggressively bid for Indian railways' solar projects.
"Indian railways plans to have a bidding process to soon co Read More +

14 February 2018
NTPC power trading arm wins tender for supply of 300 Mw power to Bangladesh
New Delhi: India’s state-owned electricity generator NTPC Ltd today announced its power trading arm NTPC Vidyut Vyapar Nigam (NVVN) has emerged as a winner in a tender for supply of 300 Megawatt (Mw) power to Bangladesh. Read More +

14 February 2018
Railways to issue tenders for solar projects on its unused land
New Delhi: The Indian Railways will call tenders to award contracts to set up 3,000 mw of solar power projects on its unused land, rail and coal minister Piyush Goyal said.
State-run lignite miner an Read More +

14 February 2018
India to explore foreign markets for surplus power: Power Minister R K Singh
New Delhi: India will explore foreign markets like Sri Lanka, Nepal and Bangladesh for its surplus power generation capacity, Power Minister R K Singh said today. His comments assume significance as the average plant load Read More +
14 February 2018
Wind auction bids stay on the lower side between Rs 2.47 and 2.65 per unit
New Delhi: The country’s largest ever wind auction of 2,000 MW has received bids ranging from Rs 2.47 to Rs 2.65 per unit, close to the record low ofRs 2.43, from major players in the sector. The auction, being conducted by Solar Corpor Read More +

13 February 2018
How Rajasthan is making rapid strides in power generation
Jaipur: Rajasthan government in its last Budget claimed that in the last four years, 6,700 MW of power was added to the state's power generation capacity. The state made rapid strides in the non-conventional energ Read More +

13 February 2018
Government takes steps to boost coal supplies to power plants
New Delhi: In order to boost coal supplies to power plants, the government has decided on various steps including the use of dedicated rail transportation and setting up of power projects only within 500 km from coal mines, sources said. Read More +

13 February 2018
India's easing inflation is only a temporary reprieve for PM Narendra Modi
New Delhi: India's retail inflation eased from the fastest pace in 17 months, offering some respite to policy makers and bond investors battling the fallout of Prime Minister Narendra Modi's expansionary budget.

13 February 2018
Oil prices firm as global stock markets rebound
SINGAPORE: Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week.
U.S. West Texas Intermediate (WTI) crude futures were at $59.44 a barrel at 0103 GMT. That was up 15 cents, o Read More +

13 February 2018
Abu Dhabi Co to store crude oil at Mangalore
New Delhi: Abu Dhabi National Oil Company (ADNOC) has signed an agreement to store about 6 million barrels of crude oil at India's maiden strategic oil reserve.
The agreement to store crude oil at the Mangalore undergro Read More +

12 February 2018
Reliance Infrastructure bags Rs 567 crore NTPC order In Haryana
Mumbai: Leading EPC player Reliance Infrastructure has bagged a Rs 567 crore order from the state-run power major National Thermal Power Corporation (NTPC) to build a flue gas Desulphurisation (FGD) plant at its 1500 MW (3 x 500 MW) Read More +

12 February 2018
Global crude oil prices rise 1 percent as stocks markets steady
By Henning Gloystein
SINGAPORE: Oil prices rose by 1 percent on Monday, recovering at least some of last week's steep losses as Asian stock markets found their footing after days of chaotic trading.

12 February 2018
Solar power push lights up options for India's rural women
New Delhi: In her village of Komalia, the fog swirls so thick at 7 a.m. that Akansha Singh can see no more than 15 meters ahead. But the 20-year-old is already cycling to her workplace, nine kilometers away.
Halfway there she sto Read More +

12 February 2018
Indian govt looks to EVs, hyperloop & personal rapid transit to move freight, cut costs
New Delhi: The government is mulling using new models of transportation like electric vehicles, hyperloop and personal rapid transit to reduce logistical bottlenecks and high costs faced by trade and boost export Read More +

08 February 2018
India plans massive natural gas expansion, LNG imports to soar
Nusa Dua, Indonesia: India's push to more than double the share natural gas has in its energy mix to 15 percent by 2022 will require a huge increase in imports and the construction of more LNG terminals, a government official said on Wednesday Read More +

08 February 2018
Govt gives administrative approval, financial sanction to build 12 nuclear power reactors
New Delhi: The government has accorded administrative approval and financial sanction for construction of 12 nuclear power reactors in the country, Parliament was informed today.
Out of these, 10 will be indigenou Read More +

08 February 2018
Bangladesh agrees final draft of 15-year LNG supply deal with AOT Energy
DHAKA/LONDON: Bangladesh agrees final draft of a 15-year deal to import 1.25 million tonnes of liquefied natural gas (LNG) annually from Switzerland-based trader AOT Energy, according to an energy official from a subsidiary of Read More +

08 February 2018
High Court decision on solar imports duty likely on February 13
BENGALURU: The fate of the petition filed against the preliminary recommendation of the Director General (Safeguards) to impose 70% safeguard duty on imported solar panels and modules is likely to be decided on February 13. The date was Read More +

08 February 2018
Tamil Nadu should double wind energy capacity: IEEFA
New Delhi: Tamil Nadu should double its wind energy capacity to 15 gigawatts (GW) and increase its solar capacity six-fold to 13.8 GW by 2026-27 whilst simultaneously delivering cheaper electricity, the Institute for Energy Eco Read More +

07 February 2018
Trade, investment, energy to be key features during PM Modi's three-nation tour
New Delhi: Ramping up cooperation in trade, investment and energy security will be the crucial areas of discussion when Prime Minister Narendra Modi will visit Palestine, the UAE and Oman from Friday.

07 February 2018
Adopt new tech to cut coking coal use in steel: Official
Bhubaneswar: Union Steel Secretary Aruna Sharmat oday batted for adoption of new technology to reduce the use of coking coal in the production of steel.
"We have to adopt a new technology to reduce use o Read More +

07 February 2018
Steel ministry keen to be on board for iron ore, coking coal issues, says Steel Secretary
New Delhi: The Union steel ministry hopes to have a fair say in raw material issues, especially those affecting Indian steel's competitiveness, and doesn't want direct control. Iron ore and coking coal, the two key ingredient Read More +

07 February 2018
Give power distribution to private franchisees: R K Singh to states
With many states facing high aggregate technical and commercial (AT&C) losses, indicating operational inefficiencies, the Union Ministry of Power has asked the states concerned to hand over the job of power distribution to private fr Read More +

06 February 2018
Traders wary of PM Modi's Budget math amid India bonds selloff
By Kartik Goyal
Bond traders in India are skeptical about the government's efforts to fund a wider-than-estimated budget deficit, with Morgan Stanley and ICICI Securities Primary Dealership Ltd. see Read More +

06 February 2018
UP govt offers 10 per cent profit to power staff for privatization
LUCKNOW: In a bid to take its defiant staff on board for the privatisation of some power distribution functions, the UP government has proposed sharing 10% of the profit earned so with them.
The move comes in the wake o Read More +

06 February 2018
RIL-BP JV to start selling imported LNG in 12-18 months in India
New Delhi: India Gas Solutions, an equal joint venture of BP and Reliance Industries, plans to begin selling imported liquefied natural gas (LNG) to Indian customers in 12-18 months to cater to the rising natural gas Read More +

06 February 2018
India's ONGC is said to expect delays in its biggest project
By Saket Sundria and Debjit Chakraborty
Oil and Natural Gas Corp. is facing a delay of at least a year in starting production from its biggest project, according to people with knowledge of the matter.
Read More +
06 February 2018
Capital Dynamics to acquire SunPower, First Solar JV for $977 mln
New Delhi: Asset manager Capital Dynamics said on Monday it would acquire a joint venture company of solar power developers First Solar Inc and SunPower Corp for about $976.6 million.
The joint venture, 8 Read More +

02 February 2018
Budget 2018: Focus on expanding energy access for all
New Delhi: The Union Budget for 2018-19 tabled in Parliament today has sought to achieve universal energy access with focus on expanding the coverage of flagship schemes aimed at providing cooking gas and electricity connections to the poor.
Read More +
02 February 2018
Budget 2018: Solar irrigation pumps may help cut subsidized power
Jaipur: The Budget proposals provided a fillip to the vibrant solar sector in Rajasthan. As per the proposals, the import of solar tempered glass for manufacture of solar cells will be exempted from customs duty. The decision will reduce Read More +

02 February 2018
Budget 2018: 50 per cent hike in funds for 99 smart cities
New Delhi: The government has proposed an over 50% increase in the allocation for smart cities and about a 20% hike for the Atal Mission for Urban Rejuvenation and Transformation (AMRUT) schemes in 2018-19. Both schemes are interlinked. Read More +
02 February 2018
Hike of 60 per cent in LPG scheme target fuels investor fears
NEW DELHI: The proposal to expand free cooking gas programme to include 8 crore poor families, up 60% from 5 crore planned earlier, will give more women freedom from hazardous kitchen smoke, but the likely increase in the subsidy ha Read More +

31 January 2018
Country close to realising rural electrification objective
All the remaining 1,227 villages, primarily in Arunachal Pradesh and Jammu and Kashmir and a few in other States, will be electrified by March, well ahead of the May 1 deadline of the national rural electrification programme, said P.V. Ramesh, Cha Read More +

31 January 2018
Economic Survey 2017-18- Tariff renegotiation, judicial delays threat to power sector
Economic Survey 2018: The finance ministry’s Economic Survey tabled in Parliament on Monday identified judicial delays and power-tariff renegotiation as some of the areas potentially hurting investment in the renewable Read More +

31 January 2018
Coal, renewable, spectrum auctions led to 'winners' curse- Economic Survey 2018
New Delhi: The Economic Survey 2018 voiced concerns on the aggressive bidding submitted by companies for bagging licences for spectrum, coal mining and solar and wind projects.
“In the case of spectrum, coal, Read More +

31 January 2018
Case for revisiting subsidies given to the renewable energy sector- Eco Survey
NEW DELHI: The government may revisit incentives and subsidies for the renewable energy sector given the tariffs have been falling to almost match the levels of thermal power.
"There is a case for revisiting the su Read More +

31 January 2018
Hyderabad to get electric vehicles charging stations in two years
Hyderabad: If everything goes according to plan, Hyderabad will have electric charging stations across the city in the next two years. The TRS government has embarked on an ambitious plan to give a big push to electric vehicles to deter Read More +

31 January 2018
Oil prices fall for 3rd day as inventory build-up weighs
Tokyo:Oil prices fell for a third day on Wednesday after data from an industry body showed crude stocks rose more than expected last week, while a selloff in other commodities, stocks and bonds added to investors' bearish mood.

31 January 2018
India achieves 20,000 Mw solar capacity milestone years ahead of target
New Delhi: India has achieved 20 gw (giga watt) cumulative solar capacity, achieving the milestone four years ahead of the target for 2022 originally set in the National Solar Mission.
The achievement comes on the back Read More +

31 January 2018
Rs 100-crore plan to discourage crop burning, improve Delhi air
NEW DELHI: A Rs 100-crore plan to discourage crop burning and improve air quality in Delhi envisages measures including creation of fodder banks, composting paddy waste on the farm, involving unemployed youth for managing field waste and Read More +

31 January 2018
Government estimates 9-11 per cent IRR for renewable projects
The ministry of new and renewable energy has proposed internal rate of return (IRR) of major renewable energy projects to be in the range of 9-11 per cent. The assumptions are based on zero government incentives, reflecting return rates in a no-su Read More +

29 January 2018
Eco Survey 2018- Coal, renewable, spectrum auctions led to 'winners' curse
New Delhi: The Economic Survey 2018 voiced concerns on the aggressive bidding submitted by companies for bagging licences for spectrum, coal mining and solar and wind projects.
"In the case of spectrum, Read More +

29 January 2018
NTPC signs agreement for setting up EV charging infra in Jabalpur
NEW DELHI: NTPC has signed a tripartite Memorandum of Understanding (MoU) with Jabalpur Smart City Limited and Jabalpur City Transport Services Limited for setting up charging infrastructure for all segments of electric vehicles across the city. Read More +

29 January 2018
Small players may exit green energy- ReNew CEO Sumant Sinha
New Delhi: The renewable energy sector in India is on the road to consolidation and players with smaller portfolios are looking at exiting the market as returns are shrinking in the face of lower tariffs and uncertainty on the policy fro Read More +

29 January 2018
Govt may target raising up to Rs 1 trn through asset sales in FY18- Experts
Mumbai/New Delhi: India's government may look to raise as much as a record 1 trillion rupees ($15.7 billion) from the sale of state assets in the next fiscal year to help meet tough fiscal deficit limits while giving it room to boost Read More +

29 January 2018
Govt keen to promote electric vehicles- Babul Supriyo
Pithampur: Union minister Babul Supriyo today said the government is "very much excited" about the idea of promoting the usage of electric vehicles in the country.
He said the government would take many &quo Read More +

29 January 2018
In Andhra Pradesh, 3,526 tribal houses bid goodbye to darkness
Visakhapatnam: If one were to hear television noises in remote parts of Visakhapatnam district, one must not be surprised. Living in the dark has become a thing of the past in several remote areas in the district. The Andhra Pradesh Eastern&n Read More +

25 January 2018
Rs 15 -crore discrepancies surface in solar power panel project
Dehradun: A subsidy scam of over Rs 15 crore in the allotment of the solar rooftop projects has hit the state's power department after a union ministry of renewable energy team had red-flagged the glaring discrepancies in the selection of Read More +

25 January 2018