Auctions for 1,200 MW conducted by SECI on Monday saw wind power tariffs dropping to as low as Rs 2.77 per unit, sources said. According to the sources, Solar Energy Corporation of India (SECI) on Monday conducted auction for a total of 1,200 MW of wind power generation capacity. SECI is the nodal agency for auctioning of renewable energy projects. Companies like JSW Energy, Adani Green Energy Ltd (AGEL), Ayana Renewable and Evergreen Power participated in the auction, one of the sources said. Adani Renewable (a subsidiary of AGEL) and Ayana Renewable got 300 MW each. The companies had quoted Rs 2.77 per unit and Rs 2.78 per unit tariff, respectively, while Evergreen Power got 150 MW for Rs 2.78 per unit, the source said.
Cash bleeding SOEs face loss of Rs429 bn in two years II
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March 10, 2021
ISLAMABAD: The line ministry for all SOEs in the oil and gas sector is M/o Energy. The Petroleum Division of M/o Energy deals with oil and gas sector while the power sector companies are under the purview of Power Division. These include oil and gas (8), exploration & development (3), marketing & distribution (3), refineries (2). Overall, the oil and gas companies remain the backbone of the GoP SOE portfolio and have consistently remained on the forefront of new exploration initiatives, even in the frontier areas. It is expected that with enhanced pricing initiatives and improved law and order situation, the oil and gas entities will fare better in the years to come. Overall, this sector witnessed 26 percent increase in net revenue compared to the last year. The net profit stands at Rs242 billion with sub sector exploration leading with net profit of Rs212 billion.
French envoy Emmanuel Lenain to visit Odisha on March 4-5 to boost ties, sustainable investments ANI | Updated: Mar 03, 2021 22:25 IST
New Delhi [India], March 3 (ANI): French Ambassador to IndiaEmmanuel Lenain will embark on his maiden official visit to Odisha on March 4 to 5 to enhance ties between leading French and Odisha universities and boost French investments in smart city and renewable energy projects in the state.
According to a statement by the French Embassy in New Delhi, at Xavier University Bhubaneswar, the Ambassador along with Tusharkanti Behera, the Minister of State (Independent Charge) for Sports and Youth Services of Odisha, will preside over the official launch of the first Indo-French dual degree in Sports Management between Xavier University and French business school Emlyon.
The Geopolitical Implications Of Global Decarbonization For Mena Producing Countries
Feb 21, 2021 10:35:am
Summary Endowed with half of the world’s proven oil and gas reserves, the Middle East and North Africa (MENA) region represents a cornerstone of the established global energy architecture. As the clean-energy transition gains momentum worldwide, this architecture might shrink challenging the socio-economic and geopolitical foundations of the region in general, and of its oiland gas-producing countries in particular.
by: Pier Paolo Raimondi and Simone Tagliapietra, Oxford Institute For Energy Studies (OIES)
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The Geopolitical Implications Of Global Decarbonization For Mena Producing Countries
This challenge has two dimensions: domestic and international. Domestically, a decline in global oil and gas demand would reduce revenues for producing countries. Considering the profound dependency of these countries on oil and gas rents (the