Energy News 26th September 2022
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| Climate Change Could Cost The Global Economy $23 Trillion By 2050 | India, Nepal agree to take forward Sapta Kosi high dam project | Oil India makes record profit in 2021-22 fiscal | |||
For decades, we have known that transitioning away from fossil fuels and toward a decarbonized economy was essential to the health of our planet and of future generations. It’s almost impossible to overstate what is at stake if the world continues to burn fossil fuels at a continuous or increasing rate. Experts say that in a business-as-usual scenario, ecological and economic devastation are not just a threat, but an inevitability. So why has the clean energy transition been so slow, piecemeal, and contentious? A huge part of the issue is the simple momentum of the status quo. The world already functions on a Read more... | India and Nepal have agreed to take forward the Sapta Kosi high dam project through further studies, as senior officials of the two sides met here and comprehensively reviewed the bilateral water-sector cooperation, including the implementation of the Mahakali Treaty and cooperation in areas of flooding and inundation. The 9th meeting of the Joint Committee on Water Resources (JCWR), co-chaired by Pankaj Kumar, Secretary, Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti, Government of India and Sagar Rai, Secretary, Ministry of Energy, Water Resources Read more... | Dibrugarh: In the 2021-22 fiscal, Oil India Limited (OIL) recorded its highest-ever profit after tax at Rs 3,887.31 crore, registering a growth of 123% over last year with a substantial increase in earnings per share (EPS) at Rs 35.85. The company also saw its highest-ever total income at Rs 16,428 crore during the year with a total CAPEX of Rs 4,367 crore, which was 106% of its target. This was revealed at the OIL’s 63rd annual general meeting on Saturday. Aligned with the national priorities, Oil India is placing greater thrust on exploration activities, thereby Read more... | |||
| Jaishankar Explains India's Role In Tackling Climate Change And To Improve Global Wellness | Minerals in PLI products on Oz business delegation’s India visit agenda | BPCL signs pact with Brazil's Petrobras to diversify crude oil sourcing | |||
During the general debate of the 77th session of the United Nations General Assembly, India's External Affairs Minister Dr. S Jaishankar gave a specific mention of the impact that climate change has had on the world and the role that India has played in tackling this global concern. He explained that amidst all the challenges that the COVID pandemic has brought up for countries across the globe, climate events have just 'added an overlay on these mounting anxieties.'Read more... | Ahead of the implementation of the India-Australia Economic Cooperation and Trade Agreement (ECTA), a 106-member business delegation from Canberra is visiting this week to forge ties across agriculture, critical minerals, infrastructure, digital health and education. “This visit is all about those commercial partnerships…to get business here to start talking. We have primarily focused on eight critical minerals including lithium, graphite, and titanium that are of equal value to both India and . Read more... | State-owned Bharat Petroleum Corporation Ltd (BPCL) on Saturday said it has signed an agreement with Brazilian national oil company Petrobras for sourcing crude oil from the Latin American nation as part of plans to diversify its sourcing needs. BPCL imports a large volume of crude oil which is turned into fuel such as petrol and diesel at its three oil refineries at Mumbai, Bina in Madhya Pradesh and Kochi in Kerala. The firm, which gets majority of its supplies from west Asian nations such as Iraq and Saudi Arabia, is looking to Read more... | |||
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| India may boost coal power fleet 25% by 2030 amid rising demand | Punjab minister bats for generating green energy, bio-fuel from municipal solid | IIT (ISM) researchers develop dynamic EV charging prototype | |||
India plans to expand its coal power fleet by about a quarter through the end of the decade as it continues to lean on the fuel to meet growing demand until energy storage costs fall. The world’s third-biggest emitter of greenhouse gases will add nearly 56 gigawatts of coal power capacity unless there’s a substantial drop in the costof storing electricity, Power Minister Raj Kumar Singh said in an interview this week in Read more... | Chandigarh: Punjab New and Renewable Energy Sources Minister Aman Arora on Sunday emphasized the need to make optimum use of municipal solid waste to generate green energy and bio-fuel. The minister held deliberations with representatives of a bio-fuel company and senior officials of the department, an official statement said here. The minister said the Bhagwant Mann-led Punjab government is committed to promoting. Read more... | Dhanbad: A research group of the electrical engineering department of IIT (ISM), Dhanbad, has developed the model of a hybrid renewable energy driven bi-directional wireless charging system that ensures charging of electric vehicles in static as well as dynamic conditions. Rajni Singh, a professor who is also the dean (media and branding) of the institute, informed that the new wireless charging system has already undergone trial at the laboratory scale and Read more... | |||
| India's first green hydrogen fueling station likely to be commissioned in Leh by May next year | Wave energy technology could generate electricity from ocean waves, clothing, cars and buildings | ||||
New Delhi: India's first green hydrogen fuelling station, being set up at Leh in the Union Territory of Ladakh, is all set to be commissioned before May next year. The first-of-its-kind project is being set up by state-run NTPC. The power generator had awarded the contract for the project to Amara Raja Power Systems, part of the $1.3 billion Amara Raja Group, in June. "We have already started the execution of the project. The engineering part is almost complete and now we are in the process of Read more... | Clothing that charges your smart watch as you walk, buildings that vibrate in the wind and power your lights, a road that extracts energy from the friction created by moving cars, and flexible structures that change shape in ocean waves to generate clean electricity for communities around the world. It is not science fiction. Someday, we could harness these naturally occurring energy sources thanks to a fledgling technology domain that just earned its first patent: distributed embedded energy converter technologies (or DEEC-Tec, pronounced deck-tech, for short). Read more... | ||||
WEC India Energy Handbook mobile application is a compendium of Indian and Global energy sector. The handbook is conceptualized as a ready reference for the energy professionals, covering key energy indicators, trends, source wise electricity generation, fossil fuel prices, top producers of electricity and reserves in the form of user interactive charts and graphs. The handbook also gives insight to global and Indian scenarios by organisations like IEA, EIA and WEC till 2040."