India

Indian Oil Corporation wins COVID Management Initiative of the Year in the Asian Oil and Gas Awards

Indian Oil Corporation wins COVID Management Initiative of the Year in the Asian Oil and Gas Awards

IndianOil Corporation’s frontline teams of retail, aviation, and LPG officers ensured seamless business continuity with the provision of essential fuels across the nation during peak pandemic times.

ReNew Power, Fluence to form energy storage joint venture

The joint venture is expected to start operations in the first half of 2022.

Opposition may cloud India’s new tax on solar

A 25% rate on solar cells and 40% on solar modules will be introduced by April.

India’s power consumption to rebound “strongly” in 2022: Fitch

It is projected to reach 1,431TWh by year-end from 1,271TWh in 2020.

Tata Power appoints new CFO

Sanjeev Churiwala took over the role on 1 January.

Azure Power commissions 600MW solar project in Bikaner

The last 100MWs of the project will be commissioned this month.

India’s non-hydropower renewables to reach 229GW by end-2030

The country's non-hydropower renewables capacity in 2021 was at 102GW. 

Why should India be aggressive in privatising discoms?

Most public discoms are on the verge of bankruptcy because of high AT&C losses aggravated by political populism, Barnik Maitra claims.

India 'outperforms' other wind power markets: Fitch

India is expected to double its wind capacity between 2021 and 2030.

Scaling up India’s storage capacity will be slow: IEEFA

India will need 27GW of grid-scale battery, the Central Electric Authority said. 

India struggles to meet 2030 climate targets: Fitch Solutions

The country plans to generate 50% of its power from renewable sources by 2030.

Round-the-clock tenders likely to fill India’s firm RE need

Demand for uninterrupted RE is anticipated after India's COP26 pledge.

Will renewables become India's dominant power source?

Currently, renewables comprise 21% of India’s total power generation.

Improved green lending criteria to boost discom performance, decarbonisation goals in India

The only green parameter for credit rating is the RPO which carries “the least weight,” IEEFA says.

Coal demand outstripping domestic supply in India

Producers are only meeting 60% to 65% of annual demand.

India’s rooftop solar capacity growth will remain slow unless…

IEEFA worries that the growth is sluggish with only a 1.8GW annual additional capacity.