Energy

India’s power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago

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India’s power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago

The government data showed that power consumption in April-February 2021-22 was 1245.54 BU. File (representational image) | Photo Credit: Reuters India’s power consumption surged 10% to 1375.57 billion units (BU) during April-February this fiscal year and has already surpassed the level of electricity supplied in entire 2021-22. The government data showed that power consumption in … Read more

Gujarat govt. purchased electricity worth ₹8,160 crore from Adani Power in 2021-22: Energy Minister Kanu Desai

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Gujarat govt. purchased electricity worth ₹8,160 crore from Adani Power in 2021-22: Energy Minister Kanu Desai

Gujarat Energy Minister Kanubhai Desai said that the charge was revised upwards month-on-month in the range of ₹2.83-₹8.83 per unit. | Photo Credit: ANI The Gujarat government purchased electricity worth ₹8,160 crore from Adani Power Limited between 2021 and 2022 at tariff rates revised upwards from ₹2.83 to ₹8.83 per unit, the State Legislative Assembly … Read more

G20 conference in Ranchi to deliberate on challenges in area of energy

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G20 conference in Ranchi to deliberate on challenges in area of energy

Workers prepare Birsa Munda International Airport as part of cleaning and beautification work, ahead of G20 events, in Ranchi, on February 28, 2023. | Photo Credit: PTI Foreign delegates of G20 major economies will discuss challenges in the area of energy and recommend a future roadmap for cooperation in the field at a conference scheduled … Read more

India wants energy transition on its own terms — without phasing out coal and with more grants

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India wants energy transition on its own terms — without phasing out coal and with more grants

India is unlikely to sign a deal with richer nations this year for a just energy transition, as international funding rests on India committing to a timeline to phase out coal, an “unviable” proposition for the country, energy analysts said. The Group of Seven (G7) industrialised nations, together with Norway, Denmark and the European Union, … Read more

India to be net exporter of solar modules by 2026, says Ministry for New and Renewable Energy official

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India to be net exporter of solar modules by 2026, says Ministry for New and Renewable Energy official

Representational file image. | Photo Credit: Nagara Gopal By 2026, Indian industry will be able to manufacture solar modules worth 100 gigawatts (GW) annually, and help the country be a net exporter of solar power. This would significantly aid India’s target of installing 500 GW of electricity capacity from non-fossil sources by 2030, Bhupinder Bhalla, … Read more

This is the time when most interesting investments occur: TPG Capital’s Jim Coulter

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This is the time when most interesting investments occur: TPG Capital’s Jim Coulter

In a wide-ranging conversation with Arijit Barman and Bodhisatva Ganguli, the first exclusive interaction with representatives from the Indian media since taking over as TPG‘s Executive Chairman in 2021, Co-CEO and Founding Partner Jim Coulter discussed subjects as diverse as interest rates, recession, technology valuations, energy security – and investing through a period of unprecedented … Read more

Unconvinced by explanation, EC censures Telangana Energy Minister ahead of Munugode by-election

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Unconvinced by explanation, EC censures Telangana Energy Minister ahead of Munugode by-election

Tone and tenor of Guntakandla Jagadish Reddy‘a speech was in the nature of intimidation of voters, says EC Tone and tenor of Guntakandla Jagadish Reddy‘a speech was in the nature of intimidation of voters, says EC The Election Commission of India (ECI) on Saturday censured Telangana Energy Minister Guntakandla Jagadish Reddy for violating the Model … Read more

Rajasthan: State power, renewable energy ministers’ conference to begin on Friday

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Rajasthan: State power, renewable energy ministers’ conference to begin on Friday

Union Minister for Power and New & Renewable Energy R K Singh will inaugurate the conference. Union Minister for Power and New & Renewable Energy R K Singh will inaugurate the conference. State power and renewable energy ministers will discuss various issues, including the viability of discoms, round-the-clock power supply, smart metering and sectoral reforms … Read more