Other Energy

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Ministry Urges States to Ensure Adequate Growth of Power Generation Capacity

The Ministry of Power has written to all states and union territories (UTs) to adhere to the recently issued “Resource Adequacy Guidelines” to ensure sufficient growth...

February 12, 2024

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Staff

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Other Energy
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Bureau of Energy Efficiency Proposes Procedure for Carbon Credits Trading

The Bureau of Energy Efficiency (BEE) has issued the draft Detailed Procedure for Compliance Mechanism under the Carbon Credit Trading Program. Compliance...

November 15, 2023

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Arjun Joshi

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Other

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Other Energy
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DISCOMs Can Requisition Power from Common Pool After the Expiry of PPA

The Ministry of Power (MoP) has said distribution companies (DISCOMs) can procure power from the common pool after the expiry of the power purchase agreement (PPA), as...

September 13, 2023

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Rakesh Ranjan

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Markets & Policy

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Other Energy
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Government Issues New Bidding Guidelines for Wind-Solar Hybrid Projects

After wind and solar, the Ministry of Power has now introduced new guidelines for tariff-based competitive bidding for grid-connected wind-solar hybrid power projects,...

August 22, 2023

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Arjun Joshi

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Other Energy

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Renewable Energy
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Demand for Clean Hydrogen in US to Grow to 50 MMT by 2050

The demand for clean hydrogen (H2) is set to grow by 10 million metric tons (MMT) annually by the end of the decade in the United States, while it will rise to 20 MMT...

June 7, 2023

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Gourav Mishra

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Markets & Policy

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Other Energy
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Climate Tech Startup Newtrace Raises $5.65 Million in Seed Round

Bengaluru-based climate tech startup Newtrace, which builds electrolyzers, has raised $5.65 million in a seed round led by Sequoia Capital India and Aavishkaar Capital....

June 1, 2023

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Arjun Joshi

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Finance and M&A

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Other Energy
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Saudi’s NEOM Reaches Financial Close of $8.4 Billion Green Hydrogen Facility

Saudi Arabia’s NEOM Green Hydrogen Company (NGHC) has announced the financial close of its green hydrogen production facility with an estimated value of $8.4 billion....

May 22, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Other Energy
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US Coal Plants Capacity Could Fall by 88% by 2050 as Renewables Rise

The capacity of coal-fired power plants in the United States could reduce by ~88% from the 2022 levels by 2050, as environmental regulations raise costs and new plants...

May 12, 2023

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Arjun Joshi

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Other

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Other Energy
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States levying Water and Air Cess on Electricity Generation Illegal

The Ministry of Power has asked all state governments and union territories to withdraw any tax or duty on electricity generation, especially from hydropower projects,...

April 28, 2023

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Satish Shetty

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Other

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Other Energy

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Renewable Energy

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Wind
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Mercom Announces Winners of Its Flagship 2023 Renewable Industry Awards

Mercom India announced the awards under eleven categories at the ‘Mercom India Renewables Summit 2023, held on April 26, 2023, recognizing the exceptional work of the...

April 26, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Other Energy
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Government to Pool Tariff of Plants with Expired Power Purchase Agreements

The Ministry of Power has issued a program for pooling tariffs for coal or gas-based thermal power plants whose power purchase agreements (PPAs) have expired in the...

April 21, 2023

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Arjun Joshi

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Market & Policy

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Other Energy
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Government Outlines Strategy to Meet Upcoming Peak Power Demand

The Ministry of Power has devised a comprehensive strategy to ensure the availability of power during the summer. In a meeting chaired by the Union Power Minister, R.K....

March 9, 2023

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Rakesh Ranjan

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Other

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Other Energy
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Government Asks Imported Coal-Based Power Plants to Run at Full Capacity

The government has invoked the emergency provision in the Electricity Act to direct all imported coal-based power plants to run at full capacity and ensure the...

February 22, 2023

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Rakesh Ranjan

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Other

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Other Energy
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Baseload Capital Raises $24 Million to Bolster Geothermal Energy

Baseload Capital, a Swedish climate investment fund, has raised $24 million to invest in geothermal energy. With a credit facility of $25 million secured from...

October 20, 2022

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Gourav Mishra

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Other

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Other Energy
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Deadline for Coal-Based Power Plants to Meet Emission Standards Extended Again

The Ministry of Environment, Forest, and Climate Change (MoEFCC) has once again extended the deadline for coal-based power plants to install pollution control technology...

September 8, 2022

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Rakesh Ranjan

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Other

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Other Energy

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