India
Coal despatches to India’s power sector likely to climb by year-end
Coal despatches to India’s power sector likely to climb by year-end
This comes as demand for coal-based power remains high.
Power sector’s coal consumption in India rises by 10%
Total coal despatch to the sector reached 609 million tonnes.
ArcelorMittal flagged for coal-powered blast furnaces in India
IEEFA raised investors should question high emission projects in developing countries.
ReNew cuts loss to $49m in Q3 FY23
Its portfolio as of 31 December 2022 is at 13.4 GW.
How can India drive up renewable energy tenders
Tenders declined to about 28GW in 2022, which is below the required level.
Renewable energy tenders in India are ‘off-track’: report
This could hold back its pursuit to reach its 2030 target.
NTPC eyes raising $750m Japanese Yen loan
The amount will be used for the development of its projects.
ReNew Power rebrands to ReNew
The company is transitioning from pure renewable IPP to an end-to-end provider of solutions.
Record heatwaves, economic recovery boost India’s electricity demand
The demand grew by 8.4% YoY in 2022.
EIB to provide around $1.1b to support green hydrogen dev’t in India
It now joins the India Hydrogen Alliance.
ONGC unit, YPF SA sign MOU for enhanced energy cooperation
The partnership will cover the development of upstream oil and gas opportunities.
Greenko, Uniper to export green ammonia to EU from India
They plan to transport 250,000 tonnes of green ammonia annually.
Adani unit’s cash profit up 26% YoY in Q3 FY23
It commissioned 1,915MW of renewable projects in the first nine months of FY23.
Tata Power profit surges 91% YoY in Q3 FY23
The company’s profit increased for the 13th straight quarter.
Greenko, John Cockerill to develop India’s Green Ammonia plant
The project is expected to be commissioned by 2024.
India allocates $4.3b for energy transition
The country aims to reach net-zero carbon emissions by 2070.
NTPC Group reaches 71,000MW installed capacity
This is following the completion of the first unit of a thermal project.
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