The Andhra Pradesh government has called wind project developers in the state to meet them on Monday to renegotiate tariffs, going ahead with new chief minister Jagan Mohan Reddy’s resolve to revisit renewable energy contracts despite the Centre and industry raising concerns.
Short-term power prices in India dropped by a whopping 28.6 per cent last month to Rs 3.34 per unit on account of better coal availability for power plants that impacted volumes of power trade in the spot market.
City transport will get a boost in nine cities including Lucknow with electric buses ferrying commuters in days to come. Under PPP model, the directorate of urban transport has selected private firms which will deliver and maintain 630 electric buses in nine cities.
Adani Enterprises’ Carmichael coal mine in Australia is assuming mythical status way out of proportion to its actual significance, even before meaningful construction starts on the controversial project.
In the last four weeks, crude oil market collapsed by 12-15 per cent; and last week, Brent briefly traded below the psychological $60 a barrel, a five-month low. This is notwithstanding the current supply tightness following US sanctions on Iran oil and involuntary outage in Venezuela.
Media reports have recently highlighted worsening of financial health of Oil and Natural Gas Corporation (ONGC), India’s state-owned hydrocarbon explorer that alone contributes 61 per cent of the country’s crude oil output.
Wind power tariffs remained unchanged from the beginning of the year in the 745 MW of capacity awarded through auction by Gujarat’s state utility on Monday, several developers told ET.
Among the many applications of solar power, stand-alone solar lighting systems are a versatile application as it helps to serve many purposes. A solar lighting kit uses a dedicated solar panel which can provide enough energy to power a single or several bulbs.
Ethanol blending with petrol is estimated to touch 7.2 per cent in 2018-19 marketing year as record 237 million litre of supplies have been contracted, according to sugar industry body ISMA.
Public sector hydro power major Satluj Jal Vidyut Nigam (SJVNL) today announced it has appointed Surinder Pal Bansal as the new Director-Civil of the company.