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Energy Taxation
Basic Customs Duty Expected to Increase Solar bid Tariffs by up to 50 Paise per Unit: ICRA
Basic customs duty of 25 per cent and 40% on imported solar cells and modules, respectively, is likely to result in an increase in solar tariffs.
Power Construction
Wartsila, LUT University Carry out Study to Explore Carbon-Neutral Power System in India by 2050
The joint study is focused on investments in flexible generation technologies for India’s energy transition
Electric Car
Volvo India to Exit Diesel, Plans to go Full Electric
Swedish luxury carmaker Volvo will be phasing out diesel cars from India by the end of this year and gradually move over to only electrics as the company works …
OPEC
India Asks Refiners to Diversify, Cut Reliance on Middle East Oil After Opec+ Decision
India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery
Hydrogen Project
Indian-Irish Partnership to Produce Green Hydrogen
Ireland’s Fusion Fuel Green has agreed to set up a demonstrator plant in the Indian state of Tamil Nadu to generate cost-competitive green hydrogen.
Wind Farm
Adani Beats the Clock on 100MW Wind in India
A subsidiary of Adani Green Energy has commissioned a 100MW wind farm in Gujarat, India, five months ahead of schedule.
Paris Climate Agreement
India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says
Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister
Rooftop PV System
16 GW Worth of Solar Rooftop Capacity can be Created from MSMEs by the End of 2022
India has set a target of 175 GW of installed capacity by the end of 2022, out of which 40 GW is expected to come from solar rooftop projects.
Smart Meter
Asia to Deploy more than 570 million Smart Electricity Meters
A new report released by research firm Berg Insight explores the deployment of smart electricity meters in China, India, Japan and South Korea between 2021 and …
Oil & Gas Trade
India Calls On OPEC+ To Ease Cuts And Stop Pushing Oil Higher
India is calling again on the OPEC+ coalition to boost production from April, because the world’s third-largest oil importer is not particularly happy with thi…
Siemens Acquires Indian Grid Technology Firm C&S Electric for $285m
Siemens has completed a previously announced acquisition of Indian grid technology manufacturer C&S Electric for $285m.
Oil Refinery
Indian Oil Shares Gain Over 3% on Panipat Refinery Capacity Expansion Plan
IOC board approved capital investment for capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA.
India Renewable Energy Giant ReNew Power Preps For Nasdaq Listing
Ending years of speculations about its listing at stock markets, one of India’s leading renewable energy companies — ReNew Power — has announced plans for li…
Energy Transition
GWEC Partnership to Accelerate India’s Energy Transition
The GWEC India and MEC+ announced that they have signed a MoU to work together on building out market intelligence and evidence-driven policy recommendations to…
Nuclear Power Plant
India’s Larsen & Toubro Wins Order for Civil Works at Kudankulam NPP
The scope of work includes construction of the reactor building, reactor auxiliary building, turbine building, diesel generator building and other safety relate…
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