Australia Pacific LNG (APLNG) said on Thursday it has struck a deal to deliver more gas into the domestic market, following pressure from Canberra to shore up local supply to help drive down local gas and power prices.
The consolidation exercise continues in India’s green energy space with diversified conglomerate Shapoorji Pallonji Group in stake sale talks for its solar power project portfolio.
Dr. Fatih Birol, Executive Director, International Energy Agency (IEA), called on the Union Minister of State (IC) for Power and New & Renewable Energy, R.K. Singh, here today.
A joint ‘Start-up Sangam’ programme by 10 oil & gas sector PSUs to fund innovative start-ups from across the country took off here today in the presence of Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, Government of India; Amitabh Kant, CEO, NITI Aayog; KD Tripathi, Secretary (Petroleum); Abhishek Ramesh, Secretary, DIPP; and other senior officials of the Petroleum Ministry.
Global power and automation player ABB is looking at India as a potential location for its microgrid solutions given the country’s huge requirement for electrification, and the government’s push for renewable energy, Markus Bruegmann, the company’s global product group manager for microgrids, Power Grids division, said.
The Gujarat High Court has passed an interim order restraining the state from holding its first wind energy auction scheduled for November 1.
State oil firms have agreed to offer a financial support of Rs 44 crore to about 32 startups working on technological or business innovations that could solve some of oil industry’s problems.
high-level panel will look at possible checks on foreign firms investing in the Indian power sector, a move aimed at preventing cyberattacks on the electricity grid.
Canadian pipeline operator TransCanada Corp said on Wednesday it would sell its Ontario-based solar energy portfolio to Axium Infinity Solar LP for about C$540 million ($426 million).
The scheme was launched here with memoranda of understanding (MoU) being signed by 36 startups for partnering with various state-run firms like Indian Oil, Hindustan Petroleum and GAIL India, which is India’s largest gas transmission utility.