Indian Oil signs long term LNG import deals with ADNOC LNG, Total Energies

The two deals were signed during Prime Minister Narendra Modi’s Visit to France and UAE last week. Supplies under the two deals would commence from 2026, the Indian company said in two separate statements. ADNOC LNG would supply up to 1.2 million metric tonnes per year (tpy) of LNG to IOC for 14 years, the

Incentives under SIGHT programme will enhance cost-competitiveness

However, as these incentives are only valid for three years for a green hydrogen production plant that will run for over 30 years, a consistent supply of low-cost RE to hydrogen manufacturing projects can bring real impact, said Sharad Pungalia, managing director and chief executive officer, Amplus Solar. “The SIGHT programme for green hydrogen production

The US will boost clean hydrogen with a million-dollar initiative

As part of the schedule Bidenomics and Investing in America President Biden US Department of Energy (DOE) Notice of Intent (NOI) was published, which includes a Request for Information (RFI) to invest till 1 billion to support the dollar in demand-side initiatives Regional Clean Hydrogen Hubs (H2Hubs). Funded by the President’s Bipartisan Infrastructure Act Biden,

Ground breaking first Ammonia engine test completed

MAN Energy Solutions has announced the successful first running of a test engine on ammonia at its Research Centre Copenhagen (RCC). The company reports that the successful combustion was performed on a MAN B&W two-stroke 4T50ME-X type and produced positive results with particularly promising data regarding pilot-oil amount and combustion stability. Gunnar Stiesch, Chief Technical

Tangedco seeks pan-India joint study to plan transmission for renewable energy

The State power utility has submitted its comments on the report published by the Central Electricity Authority on the transmission systems for integration of over 500 gigawatts of renewable energy by 2030. The report has estimated a cost of ₹2.44 lakh crore for the transmission schemes. In the southern region, it has proposed an Inter-State

Central government urges fishermen to retrofit their boats with CNG engines

Kerala Food and Civil Supplies Minister GR Anil informed that the state government approached the union government seeking an increase in Public Distribution System (PDS) kerosene quota. He met Union Petroleum Minister Hardeep Singh Puri over the matter. According to Anil, the union government maintained that the plan is to reduce and stop the production/

Tesla gearing up to manufacture half million EVs yearly in India

Tesla also aims to use India as an export hub to ship cars to Indo-Pacific countries, the report added, noting that the starting price for the EV will be $24,400, more than double India’s cheapest EV, the MG Comet, and $6,000 more than the Tata Nexon EV, the top-selling EV in India. A decision by

Gujarat’s green hydrogen projects to gain from NDB’s Climate Mitigation Fund

Since green infrastructure, green energy and climate mitigation projects are the NDB’s targets of investments in India, green hydrogen projects are expected to be co-financed by the bank, according to Leslie Maasdorp, vice president and chief financial officer, NDB. He is in Gujarat to attend the G20 Finance and Central Bank Deputies (FCBD) Meetings, being

REC Ltd to invest in a big way in renewables

REC, a subsidiary of Power Finance Corp., plans to expand its lending in the renewable energy space to Rs 2.4 lakh crore by 2030, says its director-technical, VK Singh. While land and grid availability can be challenging for developing new green energy projects, policies of the government and support from states have been encouraging. India

India, Japan to sign certification mechanism for renewable hydrogen, carbon credits

The G20 Energy Ministers’ Meeting and the Clean Energy Ministerial (CEM) are to be held in Goa in India July 19-22 where countries and companies are expected to deliberate on the way forward for clean energy. “We are signing the carbon credit mechanism with Japan… If they buy green hydrogen from us one (issue) is