Tata Power on Tuesday said it has entered into a strategic partnership with Bhutan's Druk Green Power Corporation Ltd (DGPC) for the development of 5,000 MW of clean energy capacity in the Himalayan nation. DGPC, is a subsidiary of Druk Holding and Investments Ltd, the sole generation utility of Bhutan. The collaboration marks the largest partnership between two of the leading power companies of the two nations in Asia's clean energy sector, Tata Power said in a statement. Through the collaboration, at least 5,000 MW of renewable energy projects; including 4,500 MW of hydropower comprising the 1,125 MW Dorjilung HEP (hydro-electric project); 740 MW Gongri Reservoir; 1,800 MW Jeri Pumped Storage; and 364 MW Chamkharchhu IV will be developed in phases, the statement said. Another 500 MW of solar projects will be developed by Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power. "Tata Power's partnership with Druk Green Power Corporation reinforces our credentials as t
Energy jobs in India accounted for 1.5% of total employment in India at 8.5 million in 2023
These projects are estimated to create 250,000 direct and indirect jobs, according to the Andhra Pradesh government
Google anticipates using 500 megawatts of nuclear power to run its operations, as global concerns over climate change intensify amid rising electricity consumption from AI and crypto technologies
By 2026, the country will be able to assembly 172 GW of panels per year, according to Mercom India Research, a renewables consultancy
Ahead of German Chancellor Olaf Scholz's visit to India, New Delhi and Berlin have decided to shore up cooperation in the areas of renewable energy, urban development, agroecology and mobility. Ways to expand engagement in these key areas figured prominently at the development policy negotiations led by India's Department for Economic Affairs and Germany's Federal Ministry for Economic Cooperation and Development, German officials said on Saturday. Both sides agreed to continue their cooperation in the areas of renewable energy, urban development, mobility and agroecology in the coming years, they said. The Indo-German cooperation is strategically guided by the "Partnership for Green and Sustainable Development", which was established in 2022 following talks between Prime Minister Narendra Modi and Scholz. The German chancellor is scheduled to visit India next month. "Germany and India share a long-standing, trusting and strategic partnership," said Barbara Schafer, the head of th
State-owned Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects to help achieve the net zero carbon emission goal by 2040, its chairman Ranjit Rath said on Saturday. OIL's net zero plan includes a combination of cutting down the flaring of gas and commercialisation of stranded gas as well as setting up renewable electricity generation capacity, building green hydrogen plants and constructing biogas and ethanol plants. The net zero plans will go alongside its target to raise crude oil and natural gas production to 9 million tonnes of oil and oil equivalent gas by 2025-26 from 6.5 million tonnes produced in the fiscal year ended March 31, 2024, he told reporters here. The company also plans to lay an 80-kilometer pipeline to bring natural gas from fields in Arunachal Pradesh to Assam to help replace polluting liquid fuels in transport as well as industries. "Achieving a net zero target involves a bouquet of activities," he said. It already has firmed up plans for
India aims to nearly triple its green power capacity by the end of the decade and firms including Tata Power, Adani Green Energy Ltd. and Reliance Industries Ltd. are ramping up such efforts
Greenko will supply green ammonia from Phase 1 of its ammonia production facility in Kakinada, India
Karnataka and Gujarat continue to lead the race to clean energy transition, but states like Jharkhand, Bihar, West Bengal and Uttar Pradesh need to step up efforts, according to a new report released on Tuesday. The joint report by research organisation, Institute for Energy Economics and Financial Analysis (IEEFA), and clean energy think tank Ember evaluates the clean electricity transition preparedness at the sub-national level. The report's authors said Karnataka and Gujarat continue their strong performance across dimensions, effectively integrating renewable energy sources into their power sectors, making strong strides in decarbonisation. But states like Jharkhand, Bihar, West Bengal and Uttar Pradesh need to improve. While these states are in the early stages of their transition, they now need to focus on increasing renewable energy deployment, enhancing short term market participation and strengthening their distribution companies. The report launch coincides with a spell o
President Droupadi Murmu on Thursday said the dependence on fossil fuels is definitely decreasing, but fossil fuel-based energy is also essential for India. India has always worked as a responsible country in the field of clean energy, Murmu said, addressing the National Energy Conservation Awards 2023 function here. "But we have also been making it clear from time to time that the dependence on fossil fuel is definitely decreasing but fossil fuel-based energy is also essential in our country," she stated. India is promoting clean coal technologies so that the processes of coal extraction and use become more efficient and environment friendly, she noted. It is the result of our commitment towards the environment that India has moved from 30th to 7th place in the ranking of the Climate Change Performance Index in a period of ten years, she said. The President opined that the health and happiness of all of us lie in the conservation and good health of nature. "If we make optimal ..
EDF concluded a cooperation agreement with BHEL to "maximize the local content" of a proposed project to build six EPR reactors in Jaitapur
The mandatory phased introduction will start at 1% for use in automobiles and households from April 2025, it said. The share of mandatory blending will then be increased to around 5% by 2028
India's dependence on imported oil has only grown in the past decade to over 85 per cent of its needs
Clean energy sectors added 4.7 million jobs globally, while fossil fuel jobs recovered more slowly after layoffs in 2020
Waaree Energies Ltd on Wednesday said it has partnered with NTPC to supply over 135 MW of solar PV modules. The photovoltaic modules will be utilized by NTPC for a solar power project in Baran district of Rajasthan. The order is expected to be completed within a span of 4 months, Waaree Energies said in a statement. "Such projects provide us with a splendid opportunity to further that objective, through the provision of our state-of-the-art solar PV modules, Hitesh Doshi, Chairman & Managing Director, Waaree Group said. With a capacity of 12 GW, Waaree Energies is India's largest solar module manufacturer. The company has presence in multiple locations in India and worldwide. NTPC, under Ministry of Power, is India's largest power generating entity.
Companies are buying green energy like never before, with India setting new records
Clean-energy projects in seven states from Pennsylvania to California have been selected by the Biden administration for a USD 7 billion program to kickstart development and production of hydrogen fuel, a key component of President Joe Biden's agenda to slow climate change. His goal is to establish seven regional hydrogen hubs to help replace fossil fuels such as coal and oil with cleaner-burning hydrogen as an energy source for vehicles, manufacturing and generating electricity. Biden is expected to make the official announcement during an economic-themed visit to Philadelphia on Friday. The White House calls clean hydrogen essential to achieving the president's vision of a strong clean energy economy" and net-zero greenhouse gas emissions in the US by 2050. As a clean fuel, hydrogen complements the role played by other clean energy sources, like wind and solar, to help the US reduce emissions in energy-intensive sectors of the economy: steel and cement production, heavy-duty ...
The government has exempted imports of LPG, liquified propane and liquified butane from 15 per cent agri cess with effect from Friday. The government had in July imposed a 15 per cent agri cess on imports of these goods. The Finance Ministry in a notification said that imports of LPG, liquified propane and liquified butane have been fully exempted from Agriculture Infrastructure Development cess (AIDC) effective September 1.
Of the $2.8 trillion expected to be invested globally in energy this year, clean technologies will likely absorb more than $1.7 trillion