India has a natural advantage in producing Green Hydrogen due to low cost and abundance of solar energy and investments in the power grid, the Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri said on Wednesday.
Indian Renewable Energy Development Agency (IREDA) has entered into a Memorandum of Understanding (MoU) with SJVN, GMR Energy, and their associated companies to facilitate the development of a 900 MW hydroelectric project in Nepal.
Puri said on Monday that they discussed ways to further cement our already comprehensive partnership which spans across the entire hydrocarbon value chain.
The Sardar Sarovar Dam, a key player in Gujarat's water and energy management, alone generated over 800 MU of electricity, with a total of 891 MU coming from both the Sardar Sarovar River Bed Power House (RBPH) and Canal Head Power House (CHPH).
Through the National Green Hydrogen Mission announced last year, India expects to position itself as a hub of green hydrogen and its derivatives. The conference will provide a platform for showcasing products, services, and technologies to a global audience.
As per a company release, the project, named 'Dhamni Pumped Hydro project', would come with an investment of approximately Rs 5,000 crore. The 1.2 GW pumped hydro project shall be constructed in the Pune and Raigad districts over the next 6-7 years.
The three-day (September 4-6) summit marks the ninth editon of the Forum on China-Africa Cooperation and is being held amidst ongoing conflicts in Africa in its neighbouring West Asia, Ukraine, and China's growing assertiveness in the Pacific region.
Arunachal Pradesh Chief Minister Pema Khandu on Tuesday reviewed the status of hydropower projects in the state, focussing on forest clearance, techno-economic clearance, land acquisition and environmental clearance.
The central government has granted Navratna status to four of its companies -- Satluj Jal Vidyut Nigam Ltd, National Hydroelectric Power Corporation Ltd (NHPC), Solar Energy Corporation of India Ltd, and Railtel Corporation of India Ltd, Department of Public Enterprises said in X posts.
The scheme will be implemented from FY 2024-25 to FY 2031-32 and aims to support a cumulative hydro capacity of approximately 15,000 MW. It will be funded through 10 per cent Gross Budgetary Support (GBS) for the North Eastern Region, drawn from the Ministry of Power's total budget. The Mini