India will need to invest around Rs 10 trillion to meet the steel production target of 300 million tonne by 2030, Steel Minister Chaudhary Birender Singh said on Saturday.
Better coordination between the Ministries of Coal and Railways in the last few weeks has led to increased coal production, which, in turn, has resulted in better availability of coal at thermal power plants across the country.
Karaikal Port Private Ltd has expedited work on mechanisation of coal-handling through a fully-automated conveyor belt at the cost of Rs 600 crore and it would be completed within two months, a top port official said.
The overall electricity demand from electric vehicles (EVs) in India is projected to be around 79.9 gigawatt hours(GWh) by 2020 and is expected to reach 69.6 terawatt hours (TWh) by 2030, noted a recent ASSOCHAM-EY joint study.
Nava Bharat Energy India Ltd, a wholly-owned subsidiary of Nava Bharat Ventures Ltd, has scheduled a capital overhaul for the turbine and boiler of its 150MW power plant at Paloncha in Telangana.
Giving a further boost to the uptake of renewable energy, the government has raised the minimum quantity of green power that states must procure to 21% of their overall power purchases in FY22 from 14.3% in FY18 (see chart).
Even as the specialty glass-maker Gujarat Borosil Ltd aims to double its capacity at Bharuch, the country’s only producer of solar glass, has raised concerns about an ‘unfair’ competition with the subsidised imports.
The World Bank is committing over half a billion dollars through two projects to support renewable energy in Sindh and expand economic activity between Pakistan and Afghanistan through the development of an economic corridor along the Khyber Pass, a Dawn report said.
The West Bengal Government wants to achieve a target of 200MW with respect to annual generation of solar power.Currently, the generation capacity is 70MW.
The first quarter (Q1) of 2018 (January-March) was the best on record for solar power installations in India, with 3269 MW being installed in the country, a 34% increase compared to Q4 of 2017. Installations were also up on a year-on-year basis — 2,991 MW was installed in Q1 of 2017.