The Supreme Court has sided with the Himachal Pradesh government, mandating JSW Hydro Energy to supply 18% free electricity from its Karcham Wangtoo plant. This decision overturns a High Court order that had limited the free supply to 13%, reinforcing contractual obligations over regulatory caps.
To boost coal demand and lower electricity costs, Coal India Limited has taken a new step. Power plants using CIL coal can now sell surplus electricity in power exchanges. This began on August 1. Earlier, power generators could only supply power under existing agreements. The revised policy allows sale of un-requisitioned surplus power in the…
The Karnataka cabinet has asked NTPC to conduct a state-wide study to identify suitable locations for a proposed nuclear power plant, rejecting three previously suggested sites in Vijayapura, Raichur, and Koppal. The state will decide on the location after reviewing NTPC’s comprehensive report.
India’s Reliance Infrastructure is set to recover ₹214.13 billion in unpaid dues from its Delhi power distribution companies, following a Supreme Court ruling. These dues, resulting from past tariff shortfalls, will be recovered from consumers over four years starting April 2024, potentially increasing electricity tariffs. The Supreme Court has directed regulators to clear deferred costs…
Vanya Steels is investing Rs 100 crore in a 10 MW waste-to-energy power plant at its Koppal, Karnataka facility, expected to be operational by July 31, 2025. Utilizing Waste Heat Recovery Boiler technology, the project will convert industrial waste heat into clean electricity.
Coal India plans a significant investment of Rs 3,300 crore for eight new coking coal washeries. This initiative aims to enhance domestic coal quality and decrease reliance on imports. The new facilities, with a combined capacity of 21.5 million tonnes per year, are expected to be operational by FY30.
Despite US tariff threats, India’s IOC continues to purchase Russian oil based on economic viability, with volumes fluctuating according to discount rates. India became Russia’s largest oil customer in 2022 as Western sanctions took hold. Refiners like IOC prioritize economic benefits, with no directives to alter purchase volumes due to US tariffs.
Nayara Energy, an EU-sanctioned, Russia-backed private refiner, has requested assistance from India’s shipping ministry to secure vessels for transporting its refined fuels. Facing difficulties in obtaining ships for its retail fuel supply within India, Nayara has already reduced its refinery’s crude processing.
The Indian Biogas Association is urging the government for a Rs 10,000 crore fund in the upcoming budget. They propose increased capital subsidies for compressed biogas production. The association also advocates for a mandatory blending of fermented organic manure in fertilizers. These measures aim to boost the biogas sector, create rural income, and support green…
India is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap caused by Middle East disruptions. Despite challenges, India has avoided fuel shortages seen elsewhere. Refiners are securing additional Russian oil under a US waiver. African and other alternative sources are proving useful.