Page 17 - Green Energy

India to triple renewable projects auctions as 2030 green target looms

The nation is accelerating project installations to hit a goal to have 500 gigawatts of clean energy generation capacity in 2030

Jakson Green developing green hydrogen refuelling station in New Delhi

Jakson Green on Tuesday said it is developing a green hydrogen fuelling station at Badarpur in the capital city for a major power company in India. The project is expected to offset 3.7 tonnes of CO2 per day once operational, a company statement said. The green hydrogen fuelling station involves the establishment of a specialised and dedicated facility that will use the green energy generated on-site by a renewable hybrid to generate, compress, store, and dispense green hydrogen, utilising a hydrogen purification system, it stated. As a part of the project, the company will also incorporate a battery energy storage system (BESS) backed renewable hybrid power plant within the station, making it a completely self-sustained facility. The fuelling station is expected to produce 260 kg of green hydrogen per day at a pressure of 350 bar that will be utilised to fuel up to five intercity FCEV (fuel cell electric vehicle) buses. "Our endeavour to establish India's largest urban centric gr

NTPC to list green energy arm in FY24; strategic investment plan fails

Intends to raise over Rs 5,000 crore through IPO

NTPC mulls fresh offers for stake in green unit after top bidder pulls out

The fiscal year ended in March was expected to be a significant milestone for NTPC Green, the face of transition for the country's biggest coal consumer

Sealing green power for homes and firms

Indian companies are expanding their clean energy consumption, but tardy progress in rooftop solar is a missed opportunity

Shree Cement to procure cow dung for green energy in Chhattisgarh

Shree Cement is the first company to purchase cow dung that the state government has been procuring under its scheme of the Godhan Nyay Yojana

L&T signs agreement with France's McPhy for electrolyser technology

Under this partnership, McPhy will grant an exclusive license of its pressurised alkaline electrolyser technology to L&T for manufacturing of electrolysers, including future product upgrades

Centre allows NTPC to invest over 30% of its networth in NTPC Green Energy

The central government on Friday allowed state-owned power giant NTPC to invest more than the ceiling of 30 per cent of its networth in its subsidiary NTPC Green Energy Ltd (NGEL). NTPC's net worth stood at Rs 1.28 lakh crore, as per its annual report for the financial year 2021-22. This assumes significance given the NTPC's ambitious target of 60 GW of renewable energy by 2032. Presently, the maharatna central public sector undertakings require approval of the Union Cabinet to invest an amount more than 30 per cent of its net worth. "Cabinet approves exemption to NTPC Ltd from the extant guidelines of delegation of power to Maharatna CPSEs for making an investment beyond the prescribed limit in NTPC Green Energy Ltd," an official statement said. It has also exempted NGEL's investment in NTPC Renewable Energy Ltd (NREL) and its other JVs/subsidiaries (joint ventures), subject to a ceiling of 15 per cent of its net worth beyond the monetary ceiling of Rs 5,000 crore to Rs 7,500 cror

HP CM announces slew of schemes to promote green energy in state budget

Reading out his first Budget in the Vidhan Sabha, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday announced a slew of green energy schemes

Sterlite Power commissions Lakadia-Vadodara Transmission Project

Sterlite Power on Monday said that it has successfully commissioned its largest green energy corridor in Gujarat called Lakadia-Vadodara Transmission Project. The project aims to deliver more than 5,000 MW of power from renewable rich regions of Bhuj and Kutch to the national grid, a step towards accelerating India's transition towards a greener economy, a statement said. Sterlite Power, a leading power transmission company in India and Brazil, announced the commissioning of its green energy corridor project - Lakadia-Vadodara Transmission Project Ltd (LVTPL), it stated. Built with an investment of Rs 2,024 crore, this inter-state transmission project connects the 765/400 kV substation at Lakadia to Vadodara through a 335 kilometres long 765 kV double-circuit transmission line, it stated. With 812 towers spanning seven districts in Gujarat, this transmission corridor is also one of the largest in India till date, it claimed. Additionally, it forms a critical part of the world's ..

Cloud over AGEL plans bad news for India's renewable energy future

The firm had aimed at 45 Gw of RE capacity by 2030, the year India is envisaging to have 500 Gw of non-fossil fuel capacity

Setting up green ammonia plant in India: Essar group's Prashant Ruia

"The project will be funded through both debt and equity and we will approach banks in India and abroad for debt"

Japanese firm to help Kerala with its first waste-to-energy plant: CM

Japan-based JFE Engineering Limited has agreed to provide technical support to the upcoming waste-to-energy plant at Kozhikode, Kerala Chief Minister Pinarayi Vijayan said on Sunday. Keiichi Nagaya, Director, Head of Overseas Business and Environmental Solution Sector, of the firm, met the Chief Minister here and assured assistance for the state's first waste-to-energy treatment plant. Vijayan, in a Facebook post, said the firm has the experience of installing more than 350 waste disposal plants across the world. "They have assured cooperation in the fields of technology and construction for the project. The government intends to complete the construction of the plant within two years. Kerala's first Waste-to-Energy Treatment Plant is going to be established in Kozhikode," the Chief Minister further said. In the meeting held in the Chief Minister's chamber on Saturday, the company's India Managing Director B G Kulkarni, Zonta Infratech MD Raj Kumar, among others participated.

Enter the green age: The financial journey cannot be full of potholes

The details of the transition towards climate-change-related finance will require deft handling

IOC to set up green hydrogen plants at all refineries; lines up Rs 2 trn

India's top oil firm IOC will set up green hydrogen plants at all its refineries as it pivots a Rs 2-lakh crore green transition plan to achieve net-zero emissions from its operations by 2046, its chairman Shrikant Madhav Vaidya said. Indian Oil Corporation (IOC) is remodelling business with an increased focus on petrochemicals to hedge volatility in the fuel business, while at the same time turning petrol pumps into energy outlets that offer EV charging points and battery swapping options besides conventional fuels as it looks to make itself future-ready, he said. The company intends to expand its refining capacity to 106.7 million tonnes per annum from 81.2 million tonnes as it sees India's oil demand climbing from 5.1 million barrels per day to 7-7.2 million bpd by 2030 and 9 million bpd by 2040. "Oil will continue to be a mainstay fuel for the next few years but we are preparing for transition which will involve a combination of green hydrogen, biofuels, EVs and alternate fuels,

NHLML, Jodhpur Discom to set up 11 solar power plants on expressways

The National Highways Logistics Management Limited (NHLML) and Jodhpur Discom have signed an agreement to set up 11 solar power plants at six places in a section of the Amritsar-Bhatinda-Jamnagar Expressway passing through Rajasthan. A Memorandum of Understanding (MoU) has been signed between both the parties during a meeting held under the chairmanship of Chief Secretary Usha Sharma here on Wednesday, according to a statement. Under this, 11 solar power plants will be developed on the Amritsar-Bhatinda-Jamnagar Expressway at a total of six places in three districts -- Hanumangarh, Bikaner and Jodhpur -- of the state. These power plants with a total capacity of 27.43 MW will be set up under Saur Krishi Aajeevika Yojana (PM Kusum). These plants will come up at Kolha village in Hanumangarh district, Malkisar-Gopalyan road, Naurangdesar and Rasisar villages in Bikaner district and Bhikamkor village in Jodhpur district and will cover 8 substations. The Ministry of Road Transport and ..

India calls for greater cooperation with France in clean energy field

India has called for greater cooperation with France in the field of clean energy and highlighted Delhi's plans for green transitioning to EVs and hydrogen energy.

Under G20 presidency, 'green growth' priority for India: Bhupender Yadav

India has already submitted its Long-Term Low Emission Development Strategy document at COP 27

Centre to auction lithium reserves found in Jammu by June: Report

The discovery of 5.9 million tonnes of the metal in Reasi in Jammu and Kashmir has made India the seventh-largest holder of lithium reserves

Andhra Pradesh goes all out to woo investors ahead of investment summit

The key focus areas will be green energy, electronics and information technology, bulk drugs and pharmaceuticals, automobiles and electric vehicles, besides innovation and start-ups