As one of the world's biggest emitters of climate-warming gases, India is betting on green hydrogen to help cut its emissions and to reach its target of achieving net-zero carbon emissions by 2070
Green hydrogen is going to be the future fuel in India, Union Minister R K Singh said while urging investors to invest in the country to manufacture the clean energy source. The minister for power, new and renewable energy made the remarks at the first International Conference on Green Hydrogen 2023. "We will help you in developing (green hydrogen) projects. We will also help you with demand as well. Come and partner with us," he said addressing the conference attended by over 2,500 participants. The investors can partner for development of electrolysers, mechanism for transportation of green hydrogen, usage of green hydrogen in manufacturing for green steel and cement etc, he said adding India is the biggest market in the world. Like the field of renewable energy, India shall emerge as a leader in green hydrogen also, Singh said. There are industries which have started working to set up 3.5 MT capacity of green hydrogen. They are engaged with various states for acquisition of lan
Under the early-stage proposals, a uniform price cap on spot power trades would be replaced with new limits for each source of power generation
R K Singh says consumers will soon get more rights
The government will crackdown on developers of power projects, who miss the scheduled commercial date of operation or deadline to complete the project, Power and New & Renewable Energy Minister RK Singh said on Thursday. Addressing a CII conference, Singh said the electricity generation capacity addition is a big challenge, as people are sitting on several projects won under the bidding process. Singh said that all these projects (power) are won under the bidding process and if they miss the SCOD (scheduled commercial date of operation or deadline to complete the project), then the developer will be banned from participating in project bidding for one year. On the second such incident, the developer will be banned for five years, Singh said, adding that he is going to put this (rule) in (policy). Power project developers are waiting for demand to grow but this will not happen, he said. Singh also said that until battery energy storage becomes viable, India would have to add ...
Power and New & Renewable Energy Minister R K Singh on Thursday said the government will crackdown on developers of power projects, who miss the scheduled commercial date of operation or deadline to complete the project. Addressing a CII conference, Singh said the electricity generation capacity addition is a big challenge, as people are sitting on several projects won under the bidding process. Singh said that all these projects (power projects) are won under the bidding process and if they miss the SCOD (scheduled commercial date of operation or deadline to complete the project), then the developer will be banned from participating in project bidding for one year. On the second such incident, the developer will be banned for five years, Singh said, adding that he is going to put this (rule) in (policy). Power project developers are waiting for demand to grow but this will not happen, he said. Singh also said that until battery energy storage becomes viable, India would have to .
Union Power Minister R K Singh has launched a portal to ensure greater availability of power during the peak demand season at a price higher than the ceiling of Rs 12 per unit by certain category of sellers. The central government has launched a High Price Day Ahead Market (HP-DAM) and Surplus Power Portal (PUShP), a power ministry statement said. Earlier in February, power regulator CERC had approved the HP-DAM segment where power can be sold at a price as high as Rs 50 per unit. HP-DAM will aid stranded gas and imported coal-based power plants to generate and sell expensive power to meet the high peak demand in summers which is expected to touch 239 GW this season. Besides, the new segment will also ensure availability of electricity through an expensive battery energy storage system. The Union Minister said that only those generating capacities which have a cost of producing power of more than Rs 12 per unit would be allowed to operate in HP-DAM. If the cost of production is l
The government has asked power companies to ensure that there is no load shedding during the summer season and urged all stakeholders to take proactive actions to meet the rising electricity demand. Union Power Minister R K Singh chaired a review meeting on March 7, with senior officials from Power, Coal and Railways ministries on various aspects in a bid to meet high electricity demand in the ensuing summer months. During the meeting, Singh asked power companies to ensure that there is no load-shedding during the summer months, a power ministry statement said. He asked all stakeholders to closely monitor the situation and take proactive actions to meet the electricity demand during the coming months. He also asked the Central Electricity Authority to ensure that a fair and transparent mechanism is devised for allocation of coal to various States/UTs. As per estimates of the Central Electricity Authority, the peak electricity demand is expected to be 229 GW during April this year.
Union Minister for Power and New and Renewable Energy RK Singh on Sunday called upon the G20 member countries to come together in countering the challenges posed by global warming and climate change
Union Power Minister R K Singh on Sunday said discourse on energy transition needs to be expanded, and stressed upon deliberation on challenges such as energy security and access. He was speaking to reporters on the sidelines of the first energy transitions working group (ETWG-1) meeting, under G20 India Presidency here. Stating that the meeting is in preparation of a G20 declaration which is energy, Singh said, "It is the most critical aspect today, as you cannot develop without energy. Development means energy." At the same time, there is a climate crisis and the world needs to ensure that emissions are brought down in order to restrict global warming to below two degrees centigrade, which is achievable, he said in the conference that the different challenges for energy transition like technology, finance, supply chain would be looked at, as they are critical. Stressing the need to expand the discourse, the Minister said one cannot talk about energy transition alone, and there i
Power and New & Renewable Energy Minister R K Singh on Thursday dismissed apprehensions about any impact of Adani group firms' stock route on clean energy development, saying India has many such large companies in the sector. Singh's statement comes at a time when opposition party members have joined hands in both the houses of the Parliament demanding suspension of regular proceedings to discuss the allegations of fraud against the Adani Group. The proceedings of Lok Sabha as well as Rajya Sabha were completely washed out on Thursday due to the issue. Asked about the impact of the issue on clean energy sector, Singh told reporter in a press conference, "I have the most robust renewable energy capacity in the world and that means that I have at least 15-16 large companies which are at the level of global companies. It will not impact us in any way. We have many large companies and those are some of the biggest renewable energy companies in the world." The opposition parties have ..
Asked why India is continuing to import cheap Russian gas despite international opprobrium, Singh said India imports less gas from Russia in a month than Europe does in a day
Union Minister R K Singh on Tuesday said a transition to a more inclusive, sustainable, affordable and secure global energy system is imperative
Power Minister R.K. Singh on Tuesday said that NTPC's Tapovan Vishnugad hydropower project has nothing to do with the land subsidence issue being faced in Uttarakhand's Joshimath town
India's national average peak power demand crossed has crossed 200 Gw
The Bill is expected to be a step for India toward fulfilling its goals of cutting emissions and the use of renewable energy
A bill seeking to mandate the use of non-fossil energy sources such as biomass, ethanol and green hydrogen was passed by Parliament on Monday. The Energy Conservation (Amendment) Bill, 2022 was cleared in Rajya Sabha by a voice vote on Monday. Lok Sabha passed the legislation in the previous session in August this year. The bill provides for penalties for violations by industrial units or vessels, and on manufacturers if a vehicle fails to comply with fuel consumption norms. The amendments also seek to promote renewable energy and the development of a domestic carbon market to battle climate change. The bill is also aimed at helping the country achieve its international commitments on climate change. It aims to introduce new concepts such as carbon trading and mandate the use of non-fossil sources to ensure faster decarbonisation of the Indian economy and help achieve sustainable development goals in line with the Paris Agreement. Replying to a debate on the bill, Minister of New
India has achieved 165.94GW of renewable energy capacity till October as against the target of 175GW by 2022, Parliament was informed on Thursday. "Against the target of achieving 175 GW of Renewable Energy installed capacity by 2022, a total of 165.94 GW of renewable energy capacity (including large hydro) has been installed in the country as on October 31, 2022," Power and New & Renewable Energy Minister R K Singh stated in a written reply to Lok Sabha on Thursday. A capacity of 76.13 GW (of renewables) is under various stages of implementation and a capacity of 36.44 GW is under various stages of bidding, Singh informed the House. In line with the Prime Minister's announcement at COP26, the Ministry of New and Renewable Energy is working towards achieving 500 GW of installed electricity capacity from non-fossil sources by 2030. Singh further elaborated that so far, a total of 172.72 GW capacity from non-fossil fuel-based energy resources has been installed in the country as on .
India to have more than 60% power generation from RE by 2030, says minister
India will have more than 65 per cent of its power generation capacity from non-fossil fuels by 2030, Power and New & Renewable Energy Minister RK Singh said on Monday. Addressing a CII conference on green energy, he explained that India is aiming for 65 per cent of power generation capacity from non-fossil fuels but the country will have more than that. India will have 90 GW of solar equipment manufacturing capacity by 2030, up from 20 GW at present, he added. He also informed that about 15-20 GW of solar equipment manufacturing capacity is under construction and India will have 40 GW of such facilities under Production-Linked Incentive Scheme-II (PLI-II). "We shall have 90GW plus solar manufacturing capacity by 2030 right from the polysilicon to modules. We already have 20GW (solar manufacturing capacity). we already know that 15-20 GW of solar manufacturing capacity is under construction. You will further have 40 GW of solar manufacturing capacity (addition), which is going to .