2022-06-14 11:05:00
INDIAN WIND ENERGY 12 GW
ENERDATA- 13 Jun 2022 - India will hold bid rounds for 12 GW of offshore wind capacity in the next three years (2022-2024). The first bid, for leasing out 4 GW of offshore wind energy blocks in the Tamil Nadu state, will be issued in the coming 3-4 months (by October 2022). Two further 4 GW bids will be issued in 2023 and 2024 for projects in Tamil Nadu and Gujarat. Subsequently, 5 GW bids will be issued every year for a period of five years (2025 to 2030). The bidding for the first 12 GW will be conducted on a single stage two-envelope model, where the bidders will be evaluated based on their techno-commercial capabilities, and only the technically qualified bidders will proceed to financial evaluation.
India does not currently possess offshore wind capacities but plans to reach a 30 GW capacity by 2030. Onshore wind capacity, on the other hand, amounted to 40 GW in 2021 (9% of the country’s capacity).
-----
Earlier:
2022, June, 3, 12:55:00
INDIA OIL PRODUCTION WILL UP
India imported 54% of its oil needs and 56% of its gas needs in 2020. After coal (44%), oil represented 24% of the country’s total consumption in 2020, against 6% for natural gas. As of 2021, India's oil reserves are estimated at 4,530 mbl and its gas reserves at 1,372 bcm.
2022, June, 1, 10:15:00
INDIA OIL GAS INVESTMENT $4 BLN
India imported 84% of its oil needs and 54% of its gas needs in 2020. After coal (44%), oil represented 44% of the country’s total consumption in 2020, against 6% for natural gas.
2022, May, 30, 11:30:00
INDIA NEED COAL ANEW
It would be the first time since 2015 that Coal India has imported the fuel, highlighting efforts by state and federal officials to stock up to avoid a repeat of April, when India faced its worst power cuts in more than six years.
2022, May, 30, 11:25:00
INDIA'S COAL PRODUCTION ROSE BY 4.5%
The Siarmal mine, located in the state of Odisha (eastern India), will start producing 2-5 Mt/year and will ramp up its production capacity of 50 Mt/year in 5 to 7 years.
2022, May, 30, 11:20:00
INDIA NEED LNG
Currently, GAIL has a term LNG import deal in place with Gazprom's Singapore-based trading arm.
2022, May, 25, 11:30:00
INDIA REDUCES OIL PRICES
India's federal government decided to cut the excise duty on petrol and diesel in an attempt to rein in high levels of inflation.
2022, April, 20, 11:10:00
INDIA SOLAR POWER 10 GW
The renewable capacity (excluding large hydro) in India reached 100 GW in August 2021, i.e. just over half of the 2022 target (175 GW).
