Friday, November 22, 2024

Gujarat News

Sources say that India's HPCL will start a LNG terminal by the end of the year and seeks a long-term supply.

Three sources claim that India's Hindustan Petroleum Corp. (HPCL) has been in discussions with eight to nine companies about a long-term LNG supply. HPCL built the sixth LNG import terminal in India at Chhara…

Hindalco, a subsidiary of India's Hindalco, plans to manufacture solar modules.

Hindalco Industries, a company based in India, plans to manufacture solar modules and establish a factory in Gujarat's western state. Two people with knowledge of the matter confirmed this on Tuesday.

Hero Future Energies, a company in India, plans to invest $20 billion over six years in renewable energy.

Rahul Munjal, Chairman of Hero Group's Power Production Unit, said at an industry event Tuesday that the unit will invest $20 billion in six years to increase its production capacity by 16 times.

India receives $386 billion to expand renewable energy by 2030

Pralhad Joshi, the minister for renewable energy, said that India has received 386 billion dollars in commitments from financial institutions and banks to expand its renewables capability by 2030.

Adani Power wins 25-year power supply contract with Maharashtra after winning joint bid

Adani Power, Adani Green Energy and Adani Energy won a bid for a combined supply of 6,600 MW renewable and thermal energy to Maharashtra State over a 25-year period. Adani Green Energy’s wind-solar power plant in Jaisalmer…

Rains hit India and Pakistan, evacuating thousands

Authorities warned of further heavy rains on Thursday after heavy rains flooded parts of India's western Gujarat state, forcing thousands of people to flee their homes and causing utility lines to be cut.

Prime Minister Modi: India to Double Refining Capacity in 5 Years

Prime Minister Narendra Modi (File Photo: Kremlin.ru)

India plans to nearly double its oil refining capacity in the next five years, Prime Minister Narendra Modi said on Saturday, offering a much more aggressive timeline than previously despite…

Siemens Equipment for Pertamina's Balikpapan Refinery

There are more than 3,000 HHE-class compressors in operation worldwide today.  - Image: Siemens

Siemens Gas and Power will supply a range of compression and power generation equipment for the Petramina's Balikpapan Refinery located on Borneo Island in East Kalimantan, Indonesia.The…

India Set to Import Record LNG Volumes

Illustration; LNG Tanker - Image by; Igor Groshev - AdobeStock

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the coronavirus outbreak dampening demand in China.

Engie Crosses 1.5 GW Renewable Capacity in India

French power group Engie’s total renewable capacity in India now exceeds 1.5 GW. The company recently bagged a 200 MW onshore wind project in the state of Gujarat from Solar Energy Corporation…

India to Evacuate Thousands as Cyclone Nears West Coast

Indian authorities are preparing to evacuate 300,000 people along the western coast as a severe cyclone is expected to make landfall on Thursday morning in the state of Gujarat.Storm Vayu…

Shell Acquires 26% Stake in Hazira LNG

Royal Dutch Shell announced that it has completed the acquisition of French oil major Total SA's 26 percent stake in the company that operates 5 million tonnes per annum-Hazira LNG terminal in Gujarat…

OWC, TCE Targets Offshore Wind in India

UK-based Offshore Wind Consultants (OWC) and Tata Consulting Engineers Limited (TCE) have signed an agreement to partner up for upcoming projects in the Indian offshore wind sector.Under the agreement…

India's Petronet LNG says Talks to Invest in Qatar Have Slowed

India's Petronet LNG Ltd said on Monday its talks to invest in Qatar's exploration and production sector had "slowed down," as the company had not been able to reach an agreement on pricing…

Total to Exit Hazira LNG, Sell 26% Stake to Shell

French energy giant Total SA will exit the Indian liquefied natural gas (LNG) venture by selling 26% stake to its partner Royal Dutch Shell, the two companies announced."Total has signed…

Siemens Gamesa Bags Orders for 176.8MW Wind Projects in India

Siemens Gamesa (SGRE), a renewable energy project developer and an Engineering Procurement Construction (EPC) provider, has won turnkey contract from renewable energy project developer…

DNV GL, EU to Promote Offshore Wind Market in Indian

DNV GL, the world’s largest resource of independent energy experts and certification body, is today showcasing the final reports in a study which demonstrates the commercial and technical…

Siemens Gamesa to Suppy 270 Turbines in India

Siemens Gamesa Renewable Energy (SGRE)  has won a new order in India from ReNew Power, India's large largest renewable energy independent power producer (IPP), for the supply of 270 SG…

Petronet Seeks Long-term Deal to Buy US LNG

© Anatoly Kolodey / Adobe Stock

Top Indian gas importer Petronet LNG is looking to sign a deal in a year's time to buy at least 1 million tonnes of U.S. natural gas annually for a period of up to 10 years, as it pushes…

Essar Oil Settles $2.5 bln Iran Oil Sues, Still Owes

Photo: Essar Oil

Essar Oil has settled about 2 billion euros ($2.5 billion) in dues to Iran to cover previous oil purchases and still owes the country about $616 million, Chief Executive B. Anand said on Thursday.