Iraq wants to lower dependence on Iranian gas, electricity 1,000 MW solar power plant Natural gas produced mainly from pumping oil Dubai — Iraq and French oil major Total agreed to jointly work on developing four associated gas and solar power projects, the country’s oil ministry said March 29, as OPEC’s second largest producer seeks to […]
Renewables to occupy 50% installed capacity by FY27
The country’s current installed generation capacity is around 3,79,000 MW. Of this coal based capacity is roughly over 2,05,000 MW while renewables is around 1,30,000 MW. New Delhi: Coal based power plants would remain the major contributors to India’s energy needs over the medium term, but the composition is set to witness a major change […]
Vietnam to cut rooftop solar feed-in tariff in bid to ease grid pressure
HANOI: Vietnam plans to cut the feed-in tariff for rooftop solar panels by 30.8-37.9% in a bid to reduce pressure on the national power grid following a recent boom in installed capacity, state media has reported. Vietnam has had one of the fastest growing renewable energy markets in Asia in recent years, but the development […]
Sustainable future: Are electric vehicles as environment friendly as you believe
Electric vehicles are far cleaner than their fuel-based counterparts. As they become mainstream, we must develop green techniques to manufacture and power them. KEY HIGHLIGHTS Extraction and manipulation of rare-earth elements for production of batteries of electric cars cause emissions. To achieve sustainability through electric mobility, we must end our relationship with carbon-intensive means of […]
IEA says India’s solar energy output to match coal-fired power by 2040
Coal currently dominates India’s electricity sector, accounting for over 70% of overall generation with only about 4% produced through solar CHENNAI – The share of solar energy in India’s power generation could equal coal-fired output by 2040, the International Energy Agency (IEA) said on Tuesday, driven by falling renewable tariffs and a government push to […]
India moved from power deficit to surplus under Modi govt: Union minister
Jammu: Union minister R K Singh on Sunday said India has become power surplus under the leadership of Prime Minister Narendra Modi over the past six years and is also witnessing the highest growth rate in renewable energy in the world. “There is no power deficiency in the country. We have a maximum demand of […]
NLC India’s power generation in Jan-Mar rises 9 pc to 6,098 MU
Power export during the quarter and year ended March 31 was 5,301 MU and 18,840.84 MU, respectively as against 4,766.54 MU and 17,505.30 MU in the corresponding periods of the previous year New Delhi: NLC India’s power generation in March quarter 2019-20 was at 6,098 million units (MU), a rise of 9.18 per cent from […]
Liquidity support provides temporary lifeline to discoms: S&P
The agency noted that many discoms in India have weak financial health owing to excess debt, loss-making operations, and high transmission and distribution (T&D) losses of more than 15 per cent Mumbai: The government’s stimulus measures will only provide a temporary lifeline to state-owned power distribution companies as the coronavirus pandemic has increased liquidity pressure […]
COVID-19: Renewable power generation remains unaffected amid lockdown, says report
According to the report titled ‘Power Watch: March 2020’, thermal plant load factor (PLF) declined to 52.6 per cent in March 2020 on account of the lower demand New Delhi: Amid the COVID-19 lockdown, renewable power generation remained unaffected due to their ‘must-run’ status while electricity from thermal sources were impacted most due to a […]
Lockdown: Cabinet likely to approve package for power discoms reeling under revenue loss
The package may also include steps like directions to the state and central power regulators to reduce electricity traiff The Union cabinet is likely to approve next week a package for discoms reeling under revenue loss due to lower power demand amid the coronavirus lockdown, including setting up of an alternative investment fund to pay […]
