Proposed Amendments in Tariff Policy

R.K Singh Union Minister for State (I/C) Power and New and Renewable Resources informed the Lok Sabha on Thursday that the Central Government in the proposed draft amendments to the National tariff policy, 2016 has included the provision for imposition of penalties on the Distribution companies for power cuts other than force majeure conditions or […]

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World Biofuel day to be observed on 10th August 2018

World Biofuel Day is observed every year on 10th August to create awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels and to highlight the various efforts made by the Government in the biofuel sector.  The World Biofuel Day is being observed by the Ministry of Petroleum & Natural Gas for […]

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No formal communication on government’s NHPC stake sale: NTPC

NTPC has not received any formal communication yet on government’s reported plans to sell its stake in hydropower producer NHPC to the state-run power utility to meet its disinvestment target for this fiscal year. “Till now there is no formal communication from the government (on the issue),” said Gurdpeep Singh, chairman and managing director, NTPC. […]

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Indonesia needs ‘dollars now’, says president urging greater biodiesel use

Indonesia’s president on Tuesday urged his ministers to make “serious” efforts to strengthen foreign exchange reserves by widening biodiesel use to combat pressures caused by a global trade war. Indonesia requires foreign inflows to finance its current account deficit and the central bank has spent about $12 billion of its forex reserves in recent months […]

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Punjab Govt. approves renewable energy projects worth Rs 100 crore

The Punjab government has approved renewable energy projects worth Rs 100 crore, state Minister for Power, New and Renewable Energy Sources Gurpreet Singh Kangar said on Thursday. The approvals cover nine small hydro projects with the combined 5.55 MW capacity, which would entail an investment of Rs 60 crore, one bio-CNG project involving Rs 17.50 […]

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69,784 MW of renewable energy capacity installed in the country by March 2018: R K Singh

In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity of around 11,887 MW was installed. Thus, renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges at present said R.K. Singh, […]

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National Policy on Biofuels

Union Minister of Petroleum & Natural Gas, Dharmendra Pradhan has said that with the objective of ensuring adequate and sustained availability of domestic feedstock for biofuel production, increasing Farmers Income, Import Reduction, Employment Generation and Waste to Wealth Creation, the Government has notified the National Policy on Biofuels-2018 on 8.6.2018. In a written replyin Rajya […]

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Ways to enhance energy partnership was at the core of India-Korea CEOs Forum

The India-Korea CEOs Forum held its second meeting here on Tuesday, with business leaders from both the nations developing an ambitious agenda to enhance bilateral trade and investment. “The CEOs announced the formation of 6 working groups in sectors like Auto, Infrastructure, Services, Electronics (including renewable and allied sector) & IT and Start ups and […]

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Power Ministry mulls Rs 50 crore reward for discoms under Saubhagya

The power ministry is mulling a reward of Rs 50 lakh for state utilities employees and a grant of Rs 50 crore for discoms which will meet household electrification target under Saubhagya scheme at the earliest. Under the Rs 16,320 crore Pradhan Mantri Sahaj Bijli Har Ghar Yojana – ‘Saubhagya’ scheme launched last year in […]

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