RIL to announce Q1 results on Friday. Here's what brokerages expect

New Delhi, July 19, 2019: Reliance Industries (RIL) is slated to announce its first quarter (April-June) results for the financial year 2019-20 (FY20) on Friday. The company is largely expected to report a drop in gross refining margin (GRM) on sequential basis, while petrochemical EBIDTA (earnings

CII pitches for independent central power transmission utility

New Delhi, July 19, 2019: : Industry body CII on Thursday called for creating an independent central transmission utility (CTU) to ensure a transparent planning and operation process and encourage private investments. Currently, state-run Power Grid Corporation is the CTU as well as a major player

OPEC’s Oil Giants Give Trading Houses A Run For Their Money

New Delhi, July 19, 2019: OPEC is currently restricting production to keep oil prices from tumbling in an oversupplied market fearful of faltering demand growth. But the national oil companies (NOCs) of the cartel’s largest producers are thinking long term and vying for a large slice of the oil t

CapitaLand to install solar farms atop six properties in Singapore to generate over 10,000 megawatt hours of energy annually

Rooftop panels installed across 17 buildings at ITPB and ITPC, India, resulting in the reduction of close to 1.95 million kg in carbon emissions per year a Signs new sustainability-linked loans totalling S$300 million to further the Group’s commitment towards sustainability New Delhi,

Coal mine auctioning may be restricted to commercial use to boost output

New Delhi, July 18, 2019: With miners, which took coal blocks for own use, performing poorly, the government is planning not to auction mines to captive users. Instead, it will allot or auction rights only for commercial use of coal. The allocation would be decided based on the production plan and

U.S. solar sector launches lobbying push to preserve key subsidy

New Delhi, July 18, 2019: The U.S. solar industry on Wednesday kicked off a lobbying push aimed at convincing Congress to extend a generous tax credit for solar energy systems that is set to begin phasing out next year. In a letter sent to congressional lawmakers and signed by more than 900 solar

Renault forms Chinese electric vehicles venture with Jiangling Motors

New Delhi, July 18, 2019: Renault has formed a joint venture partnership with Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles (EV) market, in a deal which will also see Renault take a 50% stake in the new venture. Renault said it would increase its share capital by

India's 2030 electric vehicles target hard to achieve: TERI chief

New Delhi, July 18, 2019: Electric vehicles could be a better alternative to fuel-based automobiles to mitigate air pollution, but the government's target to switch to e-vehicles in next 10 years is hard to achieve, TERI said, pointing out that consumers would need time to accept the change. By 20

Power engineers body seeks review of PPAs with exorbitant electricity rates

New Delhi, July 17, 2019 :  All India Power Engineers Federation (AIPEF) strongly opposes any amendment in the Electricity Act aimed to destroy the public sector and pave the path for privatisation. The state governments must review the energy.economictimes.indiatimes.com Power Purchase Agreem

Marginal increase in demand and falling supplies raise power prices 65 per cent

Kolkata, July 17, 2019 :  Rising demand for (IEX) coupled with falling supplies from generators raised maximum price during the day by almost 65 per cent to Rs 8.32 per unit on Monday as compared to last Monday according to reports published in energy.economictimes.indiatimes.com Less than expect

No Free Power, First Pay & then Get Electricity, says RK Singh

New Delhi, July 17, 2019 : India is moving towards a new regime where a power consumer would pay first and then get power supplies, which would eventually deal with the issue of non-payment in the sector, Union minister RK Singh said Monday. The minister also made it clear that states can give

Gujarat, MP spar over power generation

New Delhi, July 17, 2019 : The Madhya Pradesh government has objected to a decision of the Narmada Control Authority (NCA) to halt production of electricity at the River Bed Power according to reports published in energy.economictimes.indiatimes.com House of the Sardar Sarovar Project (SSP-RBPH)

AP govt orders review of Power Purchase Agreements during Naidu's tenure

New Delhi, July 17, 2019 : Amaravati: Implying anomalies in certain deals, the Government of Purchase Agreements (PPAs) entered into during the five-year tenure of past government led by TDP chief N Chandrababu Naidu. Chief Minister Y S Jaganmohan Reddy has been speaking about the review since day

Britain Went an Entire Week Without Burning Coal

New Delhi, July 16, 2019: For the first time in nearly 150 years, Britain has gone an entire week without burning any coal . The record follows the recent news that in April, renewable electricity surpassed coal-produced electricity in the United States for the first time as well. The last time

India considers plan to spin off GAIL's gas pipeline business

GAIL has appointed an international consultant to determine tax implications after the restructuring The plan to carve the pipelines business into a fully-owned unit will bring greater transparency between the two businesses New Delhi, July 16, 2019: Prime Minister Narendra Modi’s administ

Renewables Catching Nuclear Power In Global Energy Race

New Delhi, July 16, 2019: Renewables The Review separates renewables into two categories called Hydroelectric and Renewables. The former consists of hydropower, which has been around for a long time. Hydropower still produces more electricity globally than the Renewables category, which consists pr

Powertrends 2018

Powertrends 2018

Powertrends is the longest running energy show in the Philippines. It is the regular international exhibition and conference organized by Leverage International in cooperation with the Department of Energy since...

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Powertrends 2017, the largest and most significant energy event in the Philippines will be a special feature of the ASEAN Energy Business Forum (AEBF) to be held in conjuction...

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New Delhi, December 19, 2016: Shri Piyush Goyal Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines and US Ambassador Mr Richard Verma in India launched new joint initiative of US-India Clean Energy Finance (USICEF) Initiative which would help in unlocking OPIC financing and mobilize public and private capital to expand access to distributed clean energy projects here today. Shri Rajeev Kapoor, Secretary, MNRE, White House Senior director John Morton and Mr William Pegues, Managing Director, OPIC and representatives of the David and Lucile Packard Foundation, John D. and Catherine T. MacArthur Foundation, the William and Flora Hewlett Foundation, and Good Energies Foundation were also present.

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New Delhi, December 20, 2016:  Power Sector

The power sector in India has witnessed a major addition in capacity in the last 2 years, making India the fifth largest installed capacity in the world. As of October 2016, the installed power capacity was 307.28 GW. Private capacity generation has increased to 124 GW in FY2015- 16, which constitutes 41% of the total power generated in the country.



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