New solar auction norms cap max capacity at 50% for single bidder, PPA for 20 years
The Centre introduced new guidelines for competitive bidding for grid-connected solar power projects. New norms…
Energy
ADNOC Gas announces $7-9 billion 14-year LNG agreement with IOC
Abu Dhabi’s ADNOC Gas recently announced a 14-year $7 billion-$9 billion deal with Indian Oil…
97% solar PV modules made in India exported to the US in FY2023, trade surged 356%
Export of solar equipment, mainly solar PV modules, made locally (actually assembled, as the silica…
India asks IMO to establish 5% zero-carbon marine fuel mix by 2030
India reportedly asked the International Maritime Organisation (IMO) to focus on a realistic target that…
IREDA loans grew ‘highest-ever’ to 36% at ₹32,586 crore in 2022-23
Centre-run Indian Renewable Energy Agency (IREDA) sanctioned a ₹32,586 crore loan last financial year (2022-23), which grew…
Govt to fund state refiners’ green goals via equity: Sources
The Centre launched a multi-billion-dollar process seeking equity in its three big state refiners, Indian…
Power tariffs to cost more at night-time peak hours, less during day-time “solar hours”
The government will cut tariffs during “solar hours” or daytime power use, but charge higher…
Coal India hikes prices of non-coking coal by 8% after 5 years
Coal India Ltd (CIL), the world’s largest coal-producing company, raised the prices of its high-grade…
Solar open access installations rise 68% in last quarter of 2023
Karnataka, Maharashtra, and Tamil Nadu led the way in open access installations as India added…
Decentralised solar plants a win-win for farmers, govt: Report
Decentralised solar power can benefit farmers by improving quality of water supply and predictability of…