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International News

Solar equipment manufacturers to benefit from Budget 2022-23

February 6, 2022 Mariel Alumit

Proposals such as additional financial allocation under Production Linked Incentive (PLI) scheme for solar module manufacturing in India will boost the sector. New Delhi: Domestic solar equipment manufacturers are expected to benefit from the Union […]

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International News

Adani Power Maharashtra asks MSEDCL to pay Rs 10,135 cr in 4 weeks after SC order

February 4, 2022

Adani Power Maharashtra Ltd (APML) has shot off a letter to Maharashtra State Electricity Distribution Co. Ltd for payment of Rs 10,135 crore toward supply of electricity by APML following the apex court’s direction to […]

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International News

Former petroleum secretary Tarun Kapoor to be new oil regulator

February 4, 2022 Mariel Alumit

Kapoor, who superannuated as secretary of the Ministry of Petroleum and Natural Gas on November 30, 2021, was selected to be chairman of the Petroleum and Natural Gas Regulatory Board (PNGRB) after interviews of over […]

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International News

Scatec and ACME put $400 million India solar development on hold

February 3, 2022 Mariel Alumit

Scatec entered the Indian market last year by partnering with ACME to build the plant in the state of Rajasthan under a 25-year power purchase agreement with Solar Energy Corporation of India (SECI).Scatec entered the […]

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International News

GAIL reports highest quarterly net profit on gas price jump

February 3, 2022 Mariel Alumit

New Delhi, Feb 3 (PTI) State-owned GAIL (India) Ltd on Thursday reported its higher quarterly net profit in three months to December 2021 as a rise in natural gas prices helped improve its margins. Net […]

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International News

Households free to install rooftop solar panels by themselves, via vendors

February 3, 2022 Mariel Alumit

Earlier, residential consumers were required to source the rooftop solar plant from listed vendors only to avail subsidies and other benefits under the Rooftop Solar Programme.Earlier, residential consumers were required to source the rooftop solar […]

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International News

Budget 2022: From solar power to battery manufacturing, FM focuses on energy transition

February 1, 2022 Mariel Alumit

Finance Minister Nirmala Sitharaman, in her budget speech in Parliament today, announced major allocations focusing on the growth of renewable energy, energy efficiency, electric mobility, data centres, buildings efficiency, grid-connected energy storage and supporting incentives […]

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International News

Power generation companies will be shut if dues not paid: Supreme Court

February 1, 2022 Mariel Alumit

This warning came from an SC bench while dealing with an application from Adani Power Maharashtra seeking at least 50% payment from Maharashtra State Electricity Distribution Corp Ltd.This warning came from an SC bench while […]

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International News

GAIL starts India’s maiden project of blending hydrogen into natural gas system

February 1, 2022 Mariel Alumit

The hydrogen blended natural gas will be supplied to Avantika Gas Ltd, one of GAIL’s joint venture with HPCL, for retailing of CNG to automobiles and piped natural gas to households in Indore.The hydrogen blended […]

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International News

Mukesh Ambani’s $75 billion plan aims to make India a hydrogen hub

January 31, 2022

Analysts say Reliance is likely to opt for hydrogen in a bid to avoid India’s wholesale electricity market, which is dominated by financially stressed utilities and plagued by delayed payments.New Delhi: BillionaireMukesh Ambani‘s ambitious effort […]

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