Global electricity review 2024
Renewables generated a record 30 percent of global electricity in 2023, driven by growth in solar and wind especially from China, according to the Global Electricity Review 2024 released by the global
Energy
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India, Japan to seal N-deal soon
In what is being considered a triumph for Indian diplomacy, Japan appears to have given up most of its reservations with regard to civil nuclear cooperation with India and hopes to conclude an accord with New Delhi in this critical area very soon. Japanese Ambassador to India Hideaki Domichi also stated today that the two countries were all set to sign a Comprehensive Economic Partnership Agree
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Himachal power projects: FinMin inks $208 m loan pact with ADB
The Finance Ministry today signed a loan agreement with the Asian Development Bank (ADB) for $208 million for the third tranche of the Himachal Pradesh Clean Energy Development Investment Program. According to a Finance Ministry statement, this facility is for a series of loans to provide funding for four hydropower projects totalling 856 MW in Himachal Pradesh, for an amount of $800 million fr
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Rs 2500 crore spent on enhancing power supply and strengthening network
Rs 2500 crore has been spent on increasing power supply and strengthening network under ADB Project in the state during the last five years. Under the project, 220 KV and 132 KV sub stations and lines have been constructed after strengthening transmission network. As a result of this, power generation capacity has increased by 3 thousand 162 megawatts.
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Maharashtra govt says all is well at Jaitapur
Amid boycott by dissenting voices, the open house on Jaitapur power project organised by the state government managed to project a happy picture of the nuclear plant. Almost all the participants supported the project. Most of the participants, including the project affected people, welcomed the project and asserted that people with vested interest were spreading misconceptions.
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Surrendering power projects not easy now
Companies to lose earnest money Unlike past, it will not be easy for independent power producers (IPPs) to surrender projects after allotment as the government has finally incorporated a provision for forfeiting the earnest money in such an eventuality. The provision will be enforced for the 18 hydroelectric projects with the aggregate generation capacity of 1385.5 MW for which global bids hav
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Indian Oil fire: 40,000 litres of fuel goes down the drain
A major fire broke out at the Indian Oil Corporation (IOC) oil storage depot in Taloja at Navi Mumbai on Monday night. It took the fire officials over six hours to douse the fire.
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Nuclear reactor connected to power grid
The fourth unit of the 220 MW Kaiga Generating Station (KGS-4), located in Uttar Kannada district of Karnataka, was connected to the southern power grid in the early hours of Wednesday, after the Atomic Energy Regulatory Board (AERB) granted clearance to it. KGS-4, which achieved first criticality on November 27 last, was
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State inching towards total electrification
Electricity Minister A.K.
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Brighton to set up nuclear equipment unit near Vizag
US-based heavy equipment and forged steel manufacturing firm, Brighton Energy, is expected to enter into a memorandum of understanding with Andhra Pradesh to set up its facility near Visakhapatnam.
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Reddy rules out rise in diesel prices
Even as the government has ruled out any increase in diesel prices in the near future, it is hoping for a moderation in global crude oil prices.