ONGC, Rosneft sign first-stage agreement for Vankorneft JV

ONGC Videsh Ltd and Rosneft signed an agreement of confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a joint venture in JSC Vankorneft. Vankorneft, Rosneft subsidiary, was established in 2004 for development of Vankor oil and gas condensate field – the largest of the fields, discovered and […]

CSE bats for putting clear limits on carbon emissions by countries

Centre for Science and Environment, one of India’s biggest environmental research and lobbying organization, has said that the current proposal to set a target of limiting temperature increase to 1.5 degrees could be a ‘hollow shell’ if no limits are placed on individual country emissions. Countries from across the world are negotiating in the Paris […]

India approves €1 bln German solar power program to combat global warming

The Indian Cabinet has approved a proposal by Germany — one of the pioneers in developing solar power in the world — to provide concessional loans of around 1 bln euro to develop the renewable energy source in the country. India has an ambitious, almost impossible, target of achieving 175 gigawatt of renewable energy capacity […]

Crompton Greaves bags three-year contract from French power ulitity

Crompton Greaves Ltd, part of Avantha Group, has won a 3-year contract from the French distribution network operator Électricité Réseau Distribution France (ERDF) to provide maintenance and repair services to 4,500 high power transformers. These transformers of ERDF, which manages 95% of the electricity distribution network in France, are credited with supplying energy to 35 […]

Kochi gets world’s first fully solar-powered airport

The Cochin International Airport has become the world’s first airport to generate all the power it needs from solar technology. Bosch Limited was the implementation partner that helped the airport set up a 12 megawatt solar station in the premises. The unit will produce 50,000 units (kWh) of power per day. Constructed on a land […]

Essel Group Middle East acquires Potash Mines in Eritrea

Essel Group Middle East (EGME) has acquired the Bada Potash Exploration License, located in Danakil Depression, Eritrea via its subsidiary Interu Mining and Trading. Earlier this year, EGME had also acquired oil reserves in the sub-Saharan region. Essel Group is the promoter of Zee Entertainment, and is headed by Subhash Chandra Goel. The group’s primary […]

Tech Mahidra, Nissan, SAP team up for Canada’s Intelligent Electric Vehicle Charging System

Tech Mahindra Ltd said it will partner with Ontario-based local distribution company, Niagara-on-the-Lake Hydro, San Diego Gas & Electric (SDG&E), SAP Canada and Nissan Canada for developing an Intelligent Electric Vehicle Charging System (IEVCS). This project is sponsored by Canada’s Ministry of Energy and funded in part through the Ontario Smart Grid Fund initiative. Tech […]

India’s natural gas supply to increase by 60% to about 150 MMSCMD till FY25 – ICRA

The demand for natural gas in India will increase to ~330 MMSCMD by FY 25, while the supply will increase by 60% to around 150 MMSCMD by FY 25, credit rating agency ICRA said. The increase in supply will be due to the likely commencement of GSPC’s Deen Dayal block and ONGC’s KG basin blocks […]

5 MW of solar panels to be put on 75 govt buildings in Bhopal, Indore and Jabalpur

RattanIndia Apna Solar, a venture of Indiabulls-co-founder Rajiv Rattan, has won a contract to place solar panels on 75 public buildings in cities of Bhopal, Indore and Jabalpur in Madhya Pradesh as part of the Madhya Pradesh government’s efforts to increase renewable power generation. The contract was awarded by Madhya Pradesh Madhya Kshetra Vidyut Vitran […]

Rolta inks deal with China’s Zhenfa New Energy, to set up 2 GW of solar power capacity

Rolta Power Pvt. Ltd. and China-based Zhenfa New Energy Science and Technology Co. Ltd. has signed an agreement to build solar parks in India, targeting a capacity of 2 GigaWatt by 2020. “As per the MoU, the partnership enables us to share our revenue with Zhenfa, a win-win scenario for both the companies,” said, Dr. […]