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India to be largest source of energy demand growth to 2040

India will make up the biggest share of energy demand growth at 25% over the next two decades, as it overtakes the European Union as the world’s third-biggest energy consumer by 2030, the International Energy Agency (IEA) said.

read more... 09/02/2021


Daily (18.12.2020): EUAs at around 32€ highs on Thursday due to tighter EU climate targets and short-auction supply

Crude oil prices continued their upward trend on Thursday, spurred by a larger-than-expected U.S. crude stockpile draw and by optimism about a coronavirus relief package in the United States and record-breaking refining demand in China and India. Hence, Brent crude rose by 42 cents, or 0.8%, to end at $51.50 a barrel. Meanwhile, WTI crude settled 54 cents, or 1.1%, higher at $48.36 per barrel. Both contracts closed again at nine-month highs.

read more... 18/12/2020


India's coal import drops 19 per cent to 117 million tonnes during April-October this fiscal

India had imported 143.63 MT of coal during the corresponding period of FY 2019-20, according to a provisional compilation by mjunction services, based on monitoring of vessels' positions and data received from shipping companies.

read more... 07/12/2020


Italy's Snam takes first steps into India with hydrogen, gas deals

It also inked a deal with renewable energy company Greenko, owned by Singapore sovereign fund GIC, to look into the production of green hydrogen for use in industry and transport.

read more... 09/11/2020


Solar tariffs may reach a new record-low once again

“We expect aggressive bidding and possibly a new tariff low in this auction,” said Vinay Rustagi, managing director of renewable energy consultancy firm, Bridge To India. Queries sent to the Managing Director of SECI remained unanswered as of press time

read more... 30/10/2020