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Sustainability Outlook Headlines
Telangana Sets Levelized Tariff of ₹3.13/kWh for KUSUM Solar ProjectsThe Telangana State Electricity Regulatory Commission (TSERC) has set a levelized tariff for solar projects under Component-A of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) program. In the order, the TSERC set a levelized tariff of ₹3.13 (~$0.043)/kWh for solar projects between 500 kW and 2 MW in size under Component-A of the PM-KUSUM program. The tariff is applicable from January 2, 2021. It arrived at the tariff based on the following parameters: Telangana KUSUMThe regulator had proposed norms for solar projects under the Ministry of New and Renewable Energy’... Read more.. Date : Jan 5 Source: Mercom India
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Tender Floated to Set Up Transmission System for the 1.5 GW Solar Park in Madhya PradeshThe Rewa Ultra Mega Solar Limited (RUMSL) has invited bids to develop the transmission system for 1.5 GW of projects in the solar park in Madhya Pradesh. Interested bidders are expected to make an earnest money deposit (EMD) of ₹44.45 million (~$609,848). The deadline for submitting bids is February 4, 2020. The scope of work includes the design, manufacturing, procurement, subcontracting (if needed), delivery, construction, installation, and completion of the work, along with the supply of any spares, if necessary. The project and equipment must be shipped, installed, and completed within... Read more.. Date : Jan 5 Source: Mercom India
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PM to dedicate Kochi - Mangaluru Natural Gas Pipeline to the Nation on 5 JanuaryPrime Minister Shri Narendra Modi will dedicate the Kochi - Mangaluru Natural Gas Pipeline to the nation on 5th January 2021 at 11 AM via video conferencing. The event marks an important milestone towards the creation of ‘One Nation One Gas Grid'. Governors and Chief Ministers of Karnataka and Kerala, along with Union Minister for Petroleum and Natural Gas will also be present on the occasion. About the Pipeline The 450 km long pipeline has been built by GAIL (India) Ltd. It has transportation capacity of 12 Million Metric Standard Cubic Metres per day, and will carry natural gas from the... Read more.. Date : Jan 4 Source: PIB
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AGEL receives LOA for 600 MW Wind-Solar Hybrid Power ProjectAdani Renewable Energy Holding Eight (AREHEightL), a wholly-owned subsidiary of Adani Green Energy (AGEL) received LOA for 600 MW WindSolar Hybrid project. AREHEightL participated in a tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected Wind-Solar Hybrid Power Project. The fixed tariff for this project capacity is Rs. 2.41/ kWh for a period of 25 years. The project is expected to be commissioned in 18 months from the effective date of PPA. With this project, total renewable energy project capacity of AGEL now stands at 14,795 MW, of which 2,... Read more.. Date : Jan 4 Source: Business Standard
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MoUs signed to make J-K power surplus region via hydro powerSeveral Memorandums of Understanding (MoUs) were signed on Sunday for implementation of much awaited Mega Hydro Power projects, in a bid to make Jammu and Kashmir a power surplus region in the country. According to an official release, the MoUs were signed between Power Development Department (PDD), J&K; National Hydroelectric Power Corporation (NHPC) Ltd and J&K Power Development Corporation, in the presence of RK Singh, Union Minister of State (Independent Charge) for Ministry of Power; Manoj Sinha, Lieutenant Governor of J&K, and Dr Jitendra Singh, MoS, PMO. The occasion... Read more.. Date : Jan 4 Source: Economic Times
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Govt plans crude sourcing playbook to boost energy securityIn a big push for India’ energy security efforts, the Central government is working to help state-owned oil refiners and private sector companies draw up a coordinated approach for sourcing crude oil, said two government officials aware of the development, seeking anonymity. The first such calibrated strategy, involving public and private firms, may not only help save on oil import bills, but may also be able to counter China’s dominant global position as the world’s second largest oil importer that helps it land better terms for oil imports. India is third largest oil importer globally.... Read more.. Date : Jan 4 Source: Livemint
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Andhra Pradesh to focus on power sector transformationThe government will focus on power sector transformation in 2021-22 to change the scenario of the sector and make it the best in the country, said secretary for energy Srikant Nagulapalli. Addressing a webinar on the ‘priorities of the government during 2021-22’, the secretary said the major objective of the government is to extend quality, affordable and uninterrupted power supply. “The power utilities would lay more focus on daytime, free power supply for nine hours to the agriculture sector. For the first time in the country, the government is establishing 10 GW solar projects for... Read more.. Date : Jan 4 Source: Times of India
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Cabinet approves modified scheme to enhance ethanol distillation capacity in the countryThere has been surplus production of sugar in the country since sugar season 2010-11 (except reduction due to drought in sugar season 2016-17); & sugar production is likely to remain surplus in the country in coming years due to introduction of improved varieties of sugarcane. In the normal sugar season (October- September) about 320 Lakh Metric Tonnes (LMT) of sugar is produced whereas, our domestic consumption is about 260 LMT. This surplus sugar of 60 LMT in normal sugar season put pressure on domestic ex-mill prices of sugar. The excess stocks of 60 LMT which remain unsold also... Read more.. Date : Dec 31 Source: PIB
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Adani Green Energy arm commissions 100 mw solar unit in GujaratAdani Green Energy’s subsidiary has commissioned a solar power project at Khirsara in Gujarat of capacity 100 megawatts, taking the company’s total operational renewable capacity to 2,950 mw, the Gautam Adani led company said on Wednesday. The subsidiary, Adani Solar Energy Kutchh Two, has a 25-year-long power purchase agreement (PPA ) with the Gujarat Urja Vikas Nigam India (GUVNL) to supply the power at Rs 2.44 a unit. “The commencement of 100 MWac (megawatts of alternating current) solar power project in Khirsara, Kutchh, Gujarat in line with the Adani Group’s legacy of scale and speed... Read more.. Date : Dec 31 Source: Economic Times
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Adani bids for entire 6.4GW solar tenderThe Adani Group has bid for the entire 6.4 gigawatts (GW) capacity aimed at powering the farms of Andhra Pradesh as part of India’s largest solar tender, said two people aware of the development. The other bidders are Andhra Pradesh-based Sri Sai for 5.8GW, NTPC Ltd (1.8GW), Torrent Power Ltd (300MW) and HES-SSISPL (600MW). Bidders had until Tuesday to submit their offers. The tender comes against the backdrop of India’s solar tariffs falling to a record low of ₹1.99 per unit at an auction conducted by Gujarat Urja Vikas Nigam Ltd in December. The rates are expected to decline further due... Read more.. Date : Dec 31 Source: Livemint
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MG Motor India, Tata Power inaugurate first 60kW superfast EV charging station in CoimbatoreMG Motor India and Tata Power today inaugurated the first 60kW superfast public EV charging station in Coimbatore. Located at MG Motor India dealership in the city, the facility can be utilised by all the electric vehicles compatible with CCS fast-charging standard. The initiative is part of MG Motor India's recent partnership with Tata Power for the deployment of 50kW and 60kW DC superfast charging stations across the country. "Coimbatore is a key industrial hub of India. As our nation moves towards a green and sustainable future, it calls for India's business leaders and industry... Read more.. Date : Dec 31 Source: India Today
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Gujarat announces new solar power policy 2021Gujarat’s Chief Minister Vijay Rupani on Tuesday announced the state’s new solar power policy which will be valid for the next five years. The policy has multiple incentives to reduce the share of coal-based power and move towards green energy. It has done away with the ceiling on installed capacity and has allowed consumers to lease their premises or roofs to third parties for setting up plants to generate and consume power in the same premises. Gujarat had installed a whopping 50,915 subsidised rooftop solar plants in the residential segment -- the highest in India -- as on 2 March, 2020... Read more.. Date : Dec 30 Source: Economic Times
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Sterlite Power and AMP Capital join hands to develop $1 bn transmission projectsInfrastructure company Sterlite Power Ltd and global investment manager AMP Capital today announced they have joined hands to set up four power transmission projects in India with a total capital outlay of $1 billion. Under the equal partnership, the two companies will invest an initial amount of around $150 million each and have put in place debt financing too. The power transmission projects will have a circuit length of 1,800 kilometres of transmission lines across India. "The partners may in the future contribute further capital for new inter-state transmission projects which are... Read more.. Date : Dec 30 Source: Economic Times
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EV COSMOS ties up with ChargeNET SriLanka for 500 EV charging stations in IndiaIndian Electric Vehicle (EV) solutions firm EV COSMOS announced it has tied up with ChargeNET Sri Lanka, a group company of Codegen International of UK, for providing EV charging solutions for customers in India. ChargeNet operates a manufacturing facility in Sri Lanka and the company plans to set up 500 EV charging stations in India with 50 Megawatt capacity over two years. “We shall be providing IOT enabled fast charging solutions on strategic locations in cities, highways and hotels et cetera where EVs shall be charged in 15-30 minutes. This will help fleet owners to move towards... Read more.. Date : Dec 30 Source: Economic Times
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Oakridge Energy to set up solar power plants for 1,000 schoolsSolar firm Oakridge Energy on Tuesday said it has signed agreements with the Delhi government and Kendriya Vidyalaya Sangathan to solarise schools in Delhi. The company is aiming to solarise 1,000 institutions by 2022, Oakridge Energy said in a statement. "Oakridge Energy has signed up with Kendriya Vidyalaya and Delhi government for solarizing schools in Delhi," it said. The company further said it has recently solarised over 15 schools of the Department of Education in Delhi this year, along with the recently commissioned largest solar power project of 217 KW in Delhi University at Lady... Read more.. Date : Dec 30 Source: Economic Times
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Micro-irrigation programme comes under Parl panel radarThe Parliamentary committee on water resources is looking at how to conserve water in farming with a focus on micro-irrigation programme ‘Per Drop, More Crop’ and crop diversification. Members of the committee who met on Monday also voiced their concern on the impact of depleting ground water on the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). According to people aware of the development, the committee is taking a close look at the broader issue of ground water conservation and ways in which its depletion—particularly for agricultural use—is... Read more.. Date : Dec 30 Source: Livemint
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VoltUp partners HPCL for battery swapping solutions across IndiaAfter Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) will offer a battery swapping option at its select petrol pumps for EVs, offering to replace discharged batteries with fully charged ones in just a couple of minutes. This follows a partnership with VoltUp - a one-stop solution to better swapping for 2-wheeler and 3-wheeler vehicle startup. "The partnership has unveiled 2 battery swapping stations in Jaipur," VoltUp said in a statement. "In their efforts to set up smart electric mobility stations across India for e-vehicles, the... Read more.. |
Hero Electric ties up with startup eBikeGOHero Electric on Monday said it has tied up with e-mobility startup eBikeGO to supply over 1,000 bikes to transform last-mile deliveries. eBikeGo will procure these Hero Electric bikes through the next financial year with the first batch of 120 already delivered to the startup, the company said in a release. Through the partnership, the companies will further transform the last mile deliveries from petrol to electric with their expertise in EV technology and internet of things (IoT) enabled operations, it said. "At Hero Electric, we've always believed that to... Read more.. |
Coal India to Set Up Integrated Solar Wafer Manufacturing FacilityCoal India Limited (CIL) has received approval from its board to venture into the solar power value chain and aluminum value chain. In a BSE filing, the coal giant said that the board has approved the creation of a special purpose vehicle (SPV) to set up an integrated solar wafer manufacturing facility to boost the solar value chain. It will also set up an integrated aluminum complex — a greenfield project of Central Coalfields Limited (CCL), a CIL subsidiary. The company is also planning to start a new and renewable energy business vertical. Mercom earlier... Read more.. |
Launching driverless train, PM hails move to ‘smart systems’The Delhi Metro’s driverless train, the first of its kind in the country, was inaugurated by Prime Minister Narendra Modi via video conference at 11 am on Monday. “I had the privilege of inaugurating the Magenta Line about three years ago. Today, on the same route, I have the opportunity of inaugurating the country’s first fully automated Metro, which we call ‘Driverless Metro’. This shows how fast India is moving towards smart systems. Today, the National Common Mobility Card is also being added by Delhi Metro. It started in Ahmedabad last year. Starting today... Read more.. |
Mahindra Logistics to soon deploy electric vehicles for last-mile deliveryMahindra Logistics, which is on an ambitious growth path with a target of achieving Rs 10,000-crore revenue by FY26 through inorganic and organic routes, is planning to deploy electric vehicles (EVs) for last-mile delivery shortly, a top company official has said. The plan comes on the heels of online retailer Amazon India's move to deploy EVs for last-mile delivery. The company is reportedly in touch with Mahindra Electric and Kinetic Green for vehicle supplies. Swedish furniture retailer Ikea (through Gati Logistics), and online grocery store Bigbasket also... Read more.. |
Andhra Pradesh forecasts energy demand using artificial intelligenceFor the first time in India, APTransco deployed the day-ahead electricity forecasting model using artificial intelligence and machine learning to forecast the next day’s electricity consumption (in units). This will also cover day-ahead electricity demand (in MW) for every 15 minutes. According to AP State Load Dispatch Centre (SLDC) officials, this will enable them to take decisions on electricity demand and supply, grid management and minimise power purchase cost. Google, with the support of the World Bank, has offered to jointly develop the forecasting model... Read more.. |
Coal India prepares Rs 1L cr plan to diversify into aluminium, solar sectorsThe government has approved state-run Coal India Ltd (CIL)’s Rs 1-lakh-crore diversification plan to set up two aluminium plants in the eastern region and an entire solar module manufacturing value chain, including India’s first polysilicon facility to compete with China, two people aware of the development said. CIL will set up three specific-purpose vehicles (SPVs) for an about Rs 45,500-crore integrated solar wafer manufacturing facility, a Rs 38,000-crore green-field aluminium project, and an about Rs 23,400-crore aluminium smelting unit with state-run... Read more.. |
NIO, NPC sign MoU on oil spill management, climate changeThe Goa-based National Institute of Oceanography has signed a memorandum of understanding with New Delhi-based National Productivity Council (NPC) to jointly work in the areas of climate change, environment-related data analytics, combating oil spills, and exploration of renewable energy, a statement said on Saturday. "The aim of this MoU is primarily to develop a long-term joint working partnership in the areas of environment management, climate resilience in coastal zones and communities, oceanographic data analytics, environmental impact studies and... Read more.. |
Major UP highways to turn into green energy corridorsThe state government said on Sunday that it has issued guidelines for the supply of piped natural gas (PNG) to industrial development authorities with the objective of environmental conservation and providing safe fuel to industries. The government said steps were being taken to convert major highways of the state into green energy corridors to promote the use of pollutionfree fuel in transport sector. “Industrial development authorities have been directed to facilitate authorized gas companies for laying of pipelines for network of natural gas in areas of... Read more.. |