Govt issues guidelines for implementing feeder-level solarisation under PM-KUSUM scheme

In February 2019, the government had approved the launch of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme to provide financial and water security to farmers through harnessing solar energy capacities of 25.75 gigawatt (GW) by 2022. Go to Source

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India to see $66 billion investment in gas infrastructure

Elaborating on India’s energy strategy going forward, Dharmendra Pradhan said apart from achieving the renewable energy target of 450 gigawatts (GW) by 2030, India will focus on developing in an integrated manner a gas-based economy, cleaner use of fossil fuels, greater reliance on domestic fuels to drive biofuels and moving into emerging fuels, like hydrogen. Go to Source

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Punjab and Haryana High Court stays Chandigarh electricity distribution company privatisation bid

Chandigarh was the first Union Territory to issue tender inviting bids to sell off its power distribution company. The Central government had in May announced privatisation of discoms in union territories as part of its Atma Nirbhar Bharat plan. The last date for bid submission was December 30, 2020. Go to Source

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Exxon Mobil in talks to buy stake in Indian oil, gas fields: Dharmendra Pradhan

Speaking at a webinar series on ‘The Road To Atmanirbhar Bharat’ organised by Swarajya Magazine, he said India is looking to replicate the Texas model of raising domestic oil and gas production by involving small and mid-sized companies in exploration and production. Go to Source

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India’s oil consumption jump marginally in October indicating mild economic recovery

India’s domestic consumption of petroleum products increased 1.8% year on year to 4.2 million barrels per day in October 2020, the research said. Although the country’s production and exports declined by about 17% and 35% respectively, the report added. Go to Source

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India signs $133 million loan agreement with ADB for Meghalaya’s power distribution sector

The loan will be supplemented by a $2 million grant from the ADB’s Japan Fund for Poverty Reduction to finance renewable energy projects and for supporting income generation activities for women and other disadvantaged groups, said a finance ministry statement. Go to Source

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