Category: News & Announcement

The exodus of international partners and the global gas glut raise doubts about the economic viability of an already challenged sector Canada was hoping to catch the mid-2020s next global LNG export wave in a big way when a Shell-led consortium announced FID for the first phase of the massive LNG Canada project in October 2018.  The nascent Canadian LNG industry plans to produce the “cleanest” gas in the world, given the country’s abundant and cheap hydropower and world-leading regulatory and corporate efforts to mitigate methane emissions. But this may not…

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State-run Solar Energy Corporation of India (SECI) has invited bids from wind and solar plants to supply 5,000 mega-watt (MW) power under a round-the-clock scheme. The scheme involves purchases of renewable energy, along with coal-based power, so that buyers have the assurance of uninterrupted electricity supply. Renewable power may include a combination of solar, wind and small hydro power with or without any energy storage system. It also aims to provide a leg-up to the renewable energy sector by addressing the issues of intermittency, limited hours of supply and low…

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Railway Ministry has planned to electrify the remaining broad gauge routes on the network by the month of December 2023 Indian Railways bets big on electrification and renewable energy! The Indian Railways network will be completely electrified soon as Piyush Goyal-led Railway Ministry has planned to electrify the remaining broad gauge routes on the network by the month of December 2023. Recently, in a written reply to a question in the Rajya Sabha, Union Railway Minister Piyush Goyal shared that the Railway Ministry has planned to source around 1000 megawatt (MW)…

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Hong Kong (CNN)Factories were shuttered and streets were cleared across China’s Hubei province as authorities ordered residents to stay home to stop the spread of the coronavirus.It seems the lockdown had an unintended benefit — blue skies.The average number of “good quality air days” increased 21.5% in February, compared to the same period last year, according to China’s Ministry of Ecology and Environment.And Hubei wasn’t alone.Satellite images released by NASAand the European Space Agency show a dramatic reduction in nitrogen dioxide emissions — those released by vehicles, power plants and industrial…

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The Government of Pakistan (GoP) and Independent Power Producers (IPPs) have reportedly reached an agreement to resolve prolonged outstanding issues and litigation at different domestic and international fora, sources close to CEO CPPA-G told Business Recorder. Sharing the background, the sources said that pursuant to the Prime Minister’s directive for the resolution of issues with IPPs several meetings were held between the Power Division and the representatives of IPPs. The discussions have led to development of a commercial understanding document. The sources said settlement agreements would be signed with the Altas…

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