Uttar Pradesh surpasses Maharashtra in meeting national power demand

Uttar Pradesh surpasses Maharashtra in meeting national power demand

Uttar Pradesh surpasses Maharashtra in meeting national power demand Uttar Pradesh surpasses Maharashtra in meeting national power demand Lucknow (Uttar Pradesh) [India], May 30 (ANI): Uttar Pradesh surpassed Maharashtra for effective integration of renewable energy sources in the power sector. Till May 28, 2024, Uttar Pradesh has achieved the highest supply of 29282 megawatts (MW) […]

India Hits Record 250 GW Power Demand, Showcasing Energy Sector Resilience

India Hits Record 250 GW Power Demand, Showcasing Energy Sector Resilience

India Hits Record 250 GW Power Demand, Showcasing Energy Sector Resilience India Hits Record 250 GW Power Demand, Showcasing Energy Sector Resilience Key Highlights: In a significant achievement for India’s power sector, the country met a record maximum power demand of 250 GW on Thursday, May 30. Additionally, the non-solar demand reached an all-time high […]

Electricity Restored After Protest in Khyber Pakhtunkhwa

Electricity Restored After Protest in Khyber Pakhtunkhwa

Electricity Restored After Protest in Khyber Pakhtunkhwa Electricity Restored After Protest in Khyber Pakhtunkhwa Key Highlights: Angry residents of Khyber Pakhtunkhwa took matters into their own hands on Saturday by storming into the Hazar Khawani grid station to restore electricity following prolonged loadshedding. Led by PTI lawmaker Fazal Elahi, protesters surrounded the station and forcibly […]

India’s Power Generation Surges 10 Percent in April, Peaks at 235 GW

India's Power Generation Surges 10 Percent in April, Peaks at 235 GW

India’s Power Generation Surges 10 Percent in April, Peaks at 235 GW India’s Power Generation Surges 10 Percent in April, Peaks at 235 GW India witnessed a significant surge in power generation, recording a 10% increase in April as compared to the previous year. The peak demand soared to 235 GW, marking the highest level […]

Spain Joins International Solar Alliance as 99th Member

Spain Joins International Solar Alliance as 99th Member

Spain Joins International Solar Alliance as 99th Member Spain Joins International Solar Alliance as 99th Member Key Highlights: Spain has officially joined the International Solar Alliance (ISA) as its 99th member. The Instrument of Ratification was handed over by Spain’s Ambassador to India, Jose Maria Ridao Dominguez, to Abhishek Singh, Head of Depository and Joint […]

Adani Energy Solutions Acquires Essar Transco for Rs 1,900 Crores

Adani Energy Solutions Acquires Essar Transco for Rs 1,900 Crores

Adani Energy Solutions Acquires Essar Transco for Rs 1,900 Crores Adani Energy Solutions Acquires Essar Transco for Rs 1,900 Crores Key Highlights: Adani Energy Solutions Ltd (AESL) has finalized the acquisition of 100% stake in Essar Transco Limited, valued at Rs 1,900 crores. The transaction, following regulatory approvals, encompasses a fully operational 400 kV inter-state […]

Aerem Solutions Acquires Spinkraft: Revolutionizing Solar Market

Aerem Solutions Acquires Spinkraft: Revolutionizing Solar Market

Aerem Solutions Acquires Spinkraft: Revolutionizing Solar Market Aerem Solutions Acquires Spinkraft: Revolutionizing Solar Market Key Highlights: Aerem Solutions Private Limited has announced its acquisition of Spinkraft Ventures Private Limited, a prominent distributor of solar equipment in India. This strategic move aims to consolidate Aerem’s position as the country’s premier comprehensive solar solutions provider. Founded in […]

IMF Urges Pakistan; Strong Reforms Needed for Energy Sector Viability

IMF Urges Pakistan; Strong Reforms Needed for Energy Sector Viability

IMF Urges Pakistan; Strong Reforms Needed for Energy Sector Viability IMF Urges Pakistan; Strong Reforms Needed for Energy Sector Viability Key Highlights: The International Monetary Fund (IMF) has emphasized the necessity for Pakistan to implement robust cost-side reforms to restore the viability of its energy sector, according to ARY News. In its latest staff report […]

Sri Lanka signs 20-year power deal with Adani Green of India

Sri Lanka signs 20-year power deal with Adani Green of India

Sri Lanka signs 20-year power deal with Adani Green of India Sri Lanka signs 20-year power deal with Adani Green of India COLOMBO, May 7 (Reuters) – Sri Lanka has entered into a 20-year power purchase agreement with India’s Adani Green Energy Ltd (ADNA.NS), opens new tab for two wind power stations developed by the company, a […]

Crude Oil Prices Surge Amid Geopolitical Tensions

Crude Oil Prices Surge Amid Geopolitical Tensions

Crude Oil Prices Surge Amid Geopolitical Tensions/Reuters Crude Oil Prices Surge Amid Geopolitical Tensions International crude oil prices experienced a notable surge of two percent on Wednesday, March 13, fueled by Ukrainian attacks on Russian refineries, which threatened supply disruptions. Additionally, a decline in US crude inventories further supported the upward trajectory of prices. Supply […]

Oil Prices Dip on China Economic Concerns, Tensions in the Middle East Provide Support

Oil Prices Dip on China Economic Concerns

Oil Prices Dip on China Economic Concerns, Tensions in the Middle East Provide Support /Reuters Oil Prices Dip on China Economic Concerns, Tensions in the Middle East Provide Support Oil prices edged lower on Tuesday, January 30, extending a more than one per cent drop in the previous session on China’s economic outlook, however, the […]

Delhi Hits Winter Power Peak: Record 5,816 MW Demand Surpasses Previous High

Delhi Hits Winter Power Peak: Record 5,816 MW Demand Surpasses Previous High

Delhi Hits Winter Power Peak: Record 5,816 MW Demand Surpasses Previous High Delhi Hits Winter Power Peak: Record 5,816 MW Demand Surpasses Previous High Delhi’s winter power demand reached an unprecedented peak of 5,816 megawatts (MW) on Monday morning, setting a new record for winter months and surpassing the previous high of 5,798 MW on […]

PNGRB Initiates Bidding for Jammu-Srinagar Gas Pipeline

PNGRB Initiates Bidding for Jammu-Srinagar Gas Pipeline

PNGRB Initiates Bidding for Jammu-Srinagar Gas Pipeline (Representative image) PNGRB Initiates Bidding for Jammu-Srinagar Gas Pipeline The Petroleum and Natural Gas Regulatory Board (PNGRB) has launched the bidding process for the construction of a 325-kilometer-long natural gas pipeline from Jammu to Srinagar. Bids were invited on January 12, 2023, for the project that aims to […]

Growing Demand for Aircraft in India to Energize Global Aviation Market: PM Modi

Growing Demand for Aircraft in India to Energize Global Aviation Market: PM Modi

Growing Demand for Aircraft in India to Energize Global Aviation Market: PM Modi Growing Demand for Aircraft in India to Energize Global Aviation Market: PM Modi Prime Minister Narendra Modi highlighted on Friday that the growing demand for new aircraft from Indian airlines is set to bring renewed energy to the global aviation market. Speaking […]

Delhi Experiences Highest Winter Power Demand, Peaks at 5701 MW

Delhi Experiences Highest Winter Power Demand, Peaks at 5701 MW

Delhi Experiences Highest Winter Power Demand, Peaks at 5701 MW /ANI Delhi Experiences Highest Winter Power Demand, Peaks at 5701 MW As temperatures drop, Delhi witnessed its highest-ever winter power demand, reaching 5701 MW at 10:49 am on Friday. This surpassed the previous records set on January 10 and January 5. Since January 1, the […]

Ayodhya Making Strides Towards a Solar-Powered Future with a 40 MW Solar Power Plant

Ayodhya Making Strides Towards a Solar-Powered Future with a 40 MW Solar Power Plant

Ayodhya Making Strides Towards a Solar-Powered Future with a 40 MW Solar Power Plant Ayodhya Making Strides Towards a Solar-Powered Future with a 40 MW Solar Power Plant Ayodhya is taking definitive steps toward adopting clean energy solutions to meet its power needs. The development and operational stages of a solar power plant, with a […]

2024 Outlook: Stability Anticipated in Atlantic Thermal Coal Market

2024 Outlook: Stability Anticipated in Atlantic Thermal Coal Market

2024 Outlook: Stability Anticipated in Atlantic Thermal Coal Market (Representative image) 2024 Outlook: Stability Anticipated in Atlantic Thermal Coal Market Market insiders foresee a more stable phase for the Atlantic thermal coal market in 2024 following recent periods of volatility. Despite persistent challenges like natural gas supply uncertainties and the ongoing coal phaseout, analysts are […]

Oil Marketing Companies Offer Incentives to Boost Ethanol Production from C-Heavy Molasses

Oil Marketing Companies Offer Incentives to Boost Ethanol Production from C-Heavy Molasses

Oil Marketing Companies Offer Incentives to Boost Ethanol Production from C-Heavy Molasses Oil Marketing Companies Offer Incentives to Boost Ethanol Production from C-Heavy Molasses Public sector oil marketing companies have recently unveiled a significant incentive of Rs 6.87 per litre for ethanol production derived from C-heavy molasses, a by-product of sugar factories. This incentive aims […]

Oil Prices Jump Over 2 Percent on Geopolitical Tensions and Interest Rate Optimism

Oil Prices Jump Over 2 Percent on Geopolitical Tensions and Interest Rate Optimism

Oil Prices Jump Over 2 Percent on Geopolitical Tensions and Interest Rate Optimism/Reuters Oil Prices Jump Over 2 Percent on Geopolitical Tensions and Interest Rate Optimism Oil prices experienced a significant increase on December 26, 2023, due to a combination of factors, including Middle East strife and investor optimism about the US Federal Reserve cutting […]

Brent Crude to Trade in Range-Bound Pattern

Brent Crude to Trade in Range-Bound Pattern

Brent Crude to Trade in Range-Bound Pattern Brent Crude to Trade in Range-Bound Pattern Brokerage house Emkay Wealth Management, the advisory arm of Emkay Global Financial Services, predicts that Brent crude will trade in a range-bound pattern in the near term, with a likelihood of some decline. Currently, it is trading at around $80 per […]

High Gas Rates Stir Controversy in Karachi’s Industrial Sector; Accusations Against SSGC

High Gas Rates Stir Controversy in Karachi's Industrial Sector; Accusations Against SSGC

High Gas Rates Stir Controversy in Karachi’s Industrial Sector; Accusations Against SSGC Image/Dawn High Gas Rates Stir Controversy in Karachi’s Industrial Sector; Accusations Against SSGC The industrial sector in Karachi has raised strong objections against Sui Southern Gas Company (SSGC), accusing it of burdening them with expensive Liquified Natural Gas (LNG) without the authority to […]

Oil Demand Growth in India Expected to Decelerate Significantly

Oil Demand Growth in India Expected to Decelerate Significantly

Oil Demand Growth in India Expected to Decelerate Significantly Oil Demand Growth in India Expected to Decelerate Significantly India’s oil consumption trajectory is predicted to witness a substantial slowdown, with projections indicating a mere 150,000 barrels a day growth in 2024. This represents a noteworthy reduction from the significant increase of around 290,000 barrels a […]

Delhi’s Winter Power Demand Set to Break Records, Green Energy to Play Key Role

Delhi's Winter Power Demand Set to Break Records

Delhi’s Winter Power Demand Set to Break Records, Green Energy to Play Key Role Delhi’s Winter Power Demand Set to Break Records, Green Energy to Play Key Role Delhi is gearing up for a record-breaking winter in terms of power demand, with expectations to exceed 5,700 MW. Officials from power distribution companies, including BSES, anticipate […]

India’s Ambitious Renewable Energy Goals Challenged by Funding Needs

India's Ambitious Renewable Energy Goals Challenged

India’s Ambitious Renewable Energy Goals Challenged by Funding Needs India’s Ambitious Renewable Energy Goals Challenged by Funding Needs India’s 14th National Electricity Plan (NEP) aims to significantly increase its renewable energy capacity by 2030. However, a report from global energy think tank Ember reveals a major funding challenge – an estimated USD 293 billion is […]

Oil Marketing Companies Gain on Declining Crude Oil Prices

Oil Marketing Companies Gain

Oil Marketing Companies Gain on Declining Crude Oil Prices Oil Marketing Companies Gain on Declining Crude Oil Prices Shares of major Oil Marketing Companies (OMCs) in India, including Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), and Indian Oil Corporation Ltd (IOCL), witnessed substantial gains on Tuesday. This increase in share prices is […]

Gurez Valley in Jammu and Kashmir Connected to Electricity Grid for the First Time

nsnga4oo gurez electricity 625x300 27 November 23

Gurez Valley in Jammu and Kashmir Connected to Electricity Grid for the First Time Gurez Valley in Jammu and Kashmir Connected to Electricity Grid for the First Time In a significant development, the Gurez sector of Bandipora district in Jammu and Kashmir has been connected to the electricity grid for the first time since India’s […]

India Embarks on Biogas Blending to Reduce Natural Gas Imports

India Embarks on Biogas Blending to Reduce Natural Gas Imports

India Embarks on Biogas Blending to Reduce Natural Gas Imports India Embarks on Biogas Blending to Reduce Natural Gas Imports In a significant move to boost domestic energy consumption and reduce dependency on imports, India plans to blend compressed biogas with natural gas, starting from April 2025. Phased Introduction of Biogas Blending The Indian government […]

15 Percent Electricity Duty Withdrawn, Bills Unchanged in New Tariff

15 Percent Electricity Duty Withdrawn, Bills Unchanged in New Tariff

15 Percent Electricity Duty Withdrawn, Bills Unchanged in New Tariff 15 Percent Electricity Duty Withdrawn, Bills Unchanged in New Tariff To alleviate the impact of a 15 percent tariff increase, the Jammu and Kashmir Power Development Department (PDD) has announced the withdrawal of Electricity Duty (ED) in its revised power tariff. The decision, effective from […]