The government has granted an extension of one year to Atomic Energy Commission Chairman Kamlesh Nilkanth Vyas. The Appointment Committee of the Cabinet has approved the extension in service to Vyas for a period of one year beyond May 3, 2022 or “until further orders”, read a statement from the personnel ministry. This is the…Continue Reading

The assertion came amid some criticism against India over its position that it is open to buying discounted crude oil from Russia. Topics Energy | Russia Ukraine Conflict | Ukraine India’s legitimate energy transactions should not be politicised and countries self-sufficient in oil or those themselves importing from Russia cannot credibly advocate restrictive trading, government sources said on Friday.…Continue Reading

A view of a damaged car in the aftermath of Russian shelling, parked in a street in Mariupol, Ukraine (AP/PTI) With global transport already severely disrupted in the aftermath of the pandemic, a war could create further problems.PTI Last Updated:February 25, 2022, 11:06 ISTFOLLOW US ON:The war in Ukraine is threatening further disruption to already…Continue Reading

Ministry of New and Renewable Energy Ministry of New & Renewable Energy organizes “Women in Renewable Energy: Call for Action” under Azadi ka Amrit Mahotsav More than 200 participants including Padma Shree Awardee attend the online sessionMNRE Secretary addresses the role and importance of women’s participation in Renewable Energy Posted On: 17 FEB 2022 8:43PM…Continue Reading

Ministry of New and Renewable Energy Ministry of New and Renewable Energy to host “New Frontiers” program on Renewable Energy as part of “Azadi ka Amrit Mahotsav” Power and MNRE Minister to interact with students and thinktankIndustry leaders who have submitted their Energy Compacts to be felicitatedMinistry to organize webinars, discussions, and contemplation meetings on…Continue Reading

EKI Energy and Shell Overseas set up JV for nature-based solutions in India

EKI Energy Services Ltd and Shell Overseas Investments BV, a unit of Royal Dutch Shell plc, on Friday signed an agreement to set up a joint venture to work on nature-based solutions in India. ET on Wednesday was the first to report that Indore-based green consultancy EKI Energy Services will float a joint venture with…Continue Reading

No RE investor will come if energy bills not paid, action needed: R K Singh

Power Minister R K Singh on Tuesday expressed concern over rising dues of renewable energy (RE) producers that have not been paid by discoms, saying no investment will come in the sector if investors find power bills are not being cleared. Taking to reporters on the sidelines of National Energy Conservation Day Function, on rising…Continue Reading

Over 90 pc renewable energy projects received investment-grade ratings in 2020

More than 90 per cent of the solar and wind energy projects evaluated last year received investment-grade ratings of BBB and above, according to a study. This is due to the significantly improved financial viability of India’s renewable energy projects over the last decade on account of favourable policy support from the central government, a…Continue Reading

ReNew Energy eyes 8.2 GW operational capacity

The Nasdaq-listed ReNew Energy Global has given a guidance of 8.2 gigawatts (GW) of operational capacity by 2021-22 against around 6,315 MW now. The renewable energy company’s net loss widened to ₹984.9 crore in H1FY22 from ₹59.2 crore a year ago, it announced late Wednesday. Total income for H1FY22 was ₹3,811.9 crore, up 26% over…Continue Reading

High energy prices hit industrial production, says World Bank

Chennai: Industrial production has been impacted by high energy prices in India and this could weigh on economic growth of the country. Natural gas and coal prices are expected to remain at high levels through the start of 2022, finds the World Bank. Industrial production in China and India has been negatively impacted by electricity…Continue Reading