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Oil rises from two-month highs on optimism over policy support …
Jan 3, 2025 · SINGAPORE: Oil prices extended their gains on Friday after closing at their highest in more than two months in the previous session on hopes governments across the world may increase policy support to revive economic growth that would lift fuel demand. Brent crude futures rose 16 cents, or 0.2%, to $76.09 a barrel by 0132 GMT after …
Natural gas push: India to expand PNG connections to 12.63 crore …
Nov 29, 2024 · New Delhi: With 1.36 crore domestic PNG (piped natural gas) connections already established across urban and semi-urban areas, India is set to expand this network tenfold to 12.63 crore households by 2032, said A. Ramana Kumar, Member of the Petroleum and Natural Gas Regulatory Board (PNGRB) in an interview with ET Energyworld.
India to lead oil demand growth at 3.2% in 2025, refining capacity ...
Dec 26, 2024 · New Delhi: India’s oil demand grew by 180,000 barrels per day (b/d), or 3.2 per cent year-on-year, in the first ten months of 2024, surpassing China’s growth of 148,000 b/d, or 0.9 per cent, according to S&P Global Commodity Insights.The South Asian nation is forecast to record oil demand growth of 3.2 per cent in 2025, compared to China’s 1.7 per cent.
ALMM for solar cells to increase tariffs by 40-50 paisa per unit ...
Nov 1, 2024 · Mumbai: The new and renewable energy ministry’s recent proposal to implement ALMM List-II for solar PV cells is expected to have an impact on solar projects both in terms of timelines and costs and is estimated to result in an increase in electricity tariff by 40-50 paisa per unit, according to industry. Pinaki Bhattacharyya, managing director and chief executive officer, AMPIN Energy ...
Serentica Renewables to set up 10 GW renewable energy projects …
Nov 7, 2024 · New Delhi: Serentica Renewables has announced plans to develop 10 gigawatts (GW) of renewable energy projects in Andhra Pradesh, aligning with the state’s target of reaching 72 GW renewable capacity by 2030. The initiative aims to support Andhra Pradesh's green energy goals and contribute to India's national renewable energy targets. Serentica’s Chairman Pratik Agarwal highlighted the ...
ReNew Energy offered to be taken private in $2.82 bln deal
Dec 12, 2024 · Some of the biggest investors in ReNew Energy Global have offered to take the company private, filings to the U.S. Securities And Exchange Commission (SEC) show, in a proposed deal that values the generator at $2.82 billion, according to Reuters calculations. Major shareholders Canada Pension Plan Investment Board, UAE-based Masdar, chairman Sumant Sinha and a unit of the Abu Dhabi Investment ...
Energy News | Latest Energy Industry Information and Updates: ET ...
Jupiter Electric Mobility joins hands with logistics operator Porter for Udaan programmme The Udaan program is designed to support local small entrepreneurs and drivers to establish and grow their businesses in the electric logistics segment, besides providing professional training and access to essential EV resources and guiding entrepreneurs …
Despite rising domestic demand, India's solar modules export will …
Dec 25, 2024 · India's solar module manufacturing industry is poised for a significant transformation over the next five years, with the export-import balance expected to improve substantially, according to a report by CRISIL. The report highlighted that robust domestic demand for solar modules, estimated at an average of 50-55 gigawatts (GW) annually between Fiscal 2024 and 2030, will be a key driver for ...
India's energy shift: Renewables, EVs, and smart grids set to …
Nov 14, 2024 · New Delhi: India’s energy sector is projected to see robust growth in renewable energy, smart grids, and electric vehicles by 2025, as the country targets 500 GW of green energy capacity by 2030, said Capgemini in their insights, titled “2025 Predictions – Energy Transition & Utilities Technology and Industry Trends in India.”