2021-08-05 14:55:00
INDIA'S DOWNSTREAM INVESTMENT $27 BLN
ENERDATA - 5 Aug 2021 - Indian state-owned oil and gas groups, which include Indian Oil Corporation (IOC), Oil and Natural Gas Corporation (ONGC), Bharat Petroleum and their affiliates, plan to invest INR2,000bn (US$27bn) to increase the country’s refining capacity by 20% to 298 Mt/year in 2025. In addition, India’s refining industry is expected to be modernised and upgraded to reduce costs. IOC aims to ramp up its refining capacity by 25% to 88 Mt/year by 2024-2025.
India’s refining capacity stood at 251 Mt/year at the end of 2020. India is the fourth largest producer of oil products in the world, with an output of 232 Mt in 2020 (-11% compared to 2019). The country is a net exporter of oil products (12.5 Mt in 2020).
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Earlier:
2021, July, 28, 10:30:00
INDIA'S ENERGY STORAGE 2 GW
The Solar Energy Corporation of India (SECI) plans to tender a 2,000 MWh standalone energy storage system (ESS).
2021, July, 7, 11:00:00
INDIA COAL PRODUCTION DOWN
In addition, the Indian power utility NTPC has committed to halve its coal-fired power capacity and to set up 60 GW of renewable projects by 2032. NTPC’s current installed capacity stands at 66 GW, of which 54 GW is coal-fired.
2021, June, 25, 12:40:00
INDIA NEED OIL
India is the world's third largest consumer of crude and a key market for many OPEC members.
2021, June, 22, 12:20:00
INDIA'S ELECTRICITY +8%
In 2020, India’s electricity production declined by 2.5% at 1,557 TWh. The country has an installed capacity of 412 GW (end-2020).
2021, June, 22, 12:15:00
INDIA'S WIND: SNAIL
Roughly a quarter (10.5GW) of India’s 39.2GW of installed wind capacity was commissioned with wind turbine sizes of under 1 megawatt (MW),
2021, May, 26, 13:00:00
INDIA'S COAL IMPORTS UP
Thermal coal imports in April were at 16.239 million t, a growth of 40.10% over the 11.591 million t imported last April 2020 and a 26.31% growth over the 12.856 million t imported in March 2021.
2021, April, 21, 14:40:00
INDIA ENERGY DEMAND WILL UP
India's crude imports fell 10.3% year on year to 201.5 million mt in 2020, or 4 million b/d, data from the Petroleum Planning and Analysis Cell showed, as oil products demand in 2020 posted negative growth for the first time in nearly two decades.
