Prasad Vayath

Developments in the Upstream industry can be shared? Petroleum Exploration is able to have more commercial discoveries? Undiscovered Petroleum 2017 Reassessment has given more reserves? 27 Onland Rigs of MEIL has improved the productivity of ONGC? When are we scheduled to achieve the 10% import reduction target given by the Prime Minister Sri Narendra Modi on 27.03. 2015 in the Urja Sangam meet?

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I had written a paper on the prospects and challenges of Green Hydrogen in Energy Transition and its role in Energy Economy, which I had presented last month at the All-India seminar organized by the Institution of Engineers. Some of you have messaged me to share the full paper. I am glad to announce that the paper is now published on ResearchGate, which you can access here: https://lnkd.in/gNnJq5ka The role of #technology in #greenhydrogen transition evoked a lot of interest during my presentation, making it both interactive and interesting, so please do not miss the last section where this is covered. #AI #Blockchain #MachineLearning #DigitalTwin #IoT #DataAnalytics Soubhagya Parija Sara Ricci Praveen Kumar Agarwal Balkrishn Kamath Himadri Banerji Dr. Vijai Singhal KC NARULA https://lnkd.in/gdriBjdv

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By 2047, small modular reactors (SMRs) are poised to play a pivotal role in enhancing India's power security. As the country strives to balance its growing energy needs with environmental sustainability, SMRs offer a promising solution due to their scalability, lower initial capital costs, and enhanced safety features. These reactors can be deployed in remote or off-grid areas, reducing transmission losses and improving energy access. Their flexibility allows for integration with renewable energy sources, addressing both base-load power requirements and intermittent supply issues. Additionally, SMRs' reduced physical footprint and advanced technology could help mitigate the challenges associated with large-scale nuclear facilities, thus contributing to a more resilient and diversified energy portfolio for India by mid-century. How India should move ahead and widely use this technology for future power security is rightly mentioned by Shri Amitabh Kant in following article #nuclearpower #SMR #smallmediumreactor #Indiapowersecurity #Netzero #NTPC. https://lnkd.in/gktUhCdy

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Solar Energy Corporation of India Limited (SECI) has now issued a Request for Selection (RFS) for Green Ammonia production under the National Green Hydrogen Mission’s SIGHT Program, specifically for Mode-2A-Tranche-l. SECI has outlined the following key aspects for the selection process: ### Key Aspects: 1. **Total Capacity Offered**: 539,000 Tons Per Annum (KTPA). 2. **Total Project Locations**: 11. 3. **Total Fertilizer Companies Involved**: 7. 4. **Contract Period**: 10 years. 5. **Incentives Tenure**: 3 years, with incentives structured as follows: - ₹8.82/kg for the 1st year. - ₹7.06/kg for the 2nd year. - ₹5.03/kg for the 3rd year. 6. **Earnest Money Deposit (EMD)**: INR 5,000 per Metric Ton (MT) of Green Ammonia. 7. **Performance Bank Guarantee (PBG)**: INR 12,500 per MT of Green Ammonia. 8. **Scope of Work**: - Production of Green Ammonia. - Supply, storage, and transportation up to the delivery point. 9. **Project Location**: Any location within India. 10. **Selection Process**: - e-Reverse auction. - Techno-commercial and financial evaluation. 11. **Bidder Elimination Criteria**: In the event of more than 3 bidders, the highest (H1) bidder based on per kg cost will be eliminated. 12. **Scheduled Commencement of Supply Date (SCSD)**: 36 months from the effective date of the Green Ammonia Purchase Agreement (GAPA). The bidding process aims to establish competitive pricing and incentivize early and sustained production of Green Ammonia, supporting India's transition towards green energy initiatives. Interested producers should prepare for a comprehensive evaluation process combining technological, commercial, and financial scrutiny to ensure selection under this competitive scheme. This initiative is expected to significantly boost the production of Green Ammonia, thereby contributing to sustainable and eco-friendly fertilization practices in India. #SECI #NationalGreenHydrogenMission #GreenAmmonia #Susutainability #decarborization Avaada Group ACME Group Greenko Group Adani Group Adani Enterprises Limited https://lnkd.in/gyCpr_4u

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Today at PHD House, industry leaders and dignitaries gathered to share their perspectives on the future of LNG in India. The Bharat LNG Summit 2024 provided a dynamic platform for discussing innovations, challenges, and opportunities in the liquefied natural gas sector. Dr. Jatinder Singh | Rajesh K Mediratta | Ramachandran Laxminarayanan #BharatLNGSummit2024 #PHDCCI #LNGSector #EnergyFuture #NewDelhiEvent #EnergyConference #IndustryLeaders #LNGChallenges #LNGOpportunities #EnergyInnovation #IndiaEnergy #LNGExperts #FutureOfEnergy

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Whatever good suggestions we placed before the government, most of them were accepted and found place in notifications. This kind of support has not even come for wind & solar segments.” My thoughts along with SANJAY GANJOO & Suhas Baxi punched and presented as is by the magazine I AM RENEW Check out. Let us discuss more deeper on "Science of CBG" event (regn link in comments)

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During its last two terms at the helm, the Bharatiya Janata Party (BJP) implemented many successful power sector reforms that saw the non-fossil fuel-based power generation capacity of India grow more than two-fold from 79 GW in 2014 to 206 GW currently. We expect the BJP-led National Democratic Alliance to keep India on track towards its goal of energy self-sufficiency by following its manifesto for its next tenure. Here’s some of what we at Rystad Energy expect to see over the next five years in India’s power market: - Via the implementation of the Surya Ghar Mufti Bijli Yojna Scheme, India’s rooftop PV installed capacity is expected to increase. The scheme focuses on the installation of residential PV on 10 million households, offering a reprieve from expensive electricity bills to low-income as well as middle-income households. - The country’s nascent offshore wind sector will see significant growth, with the central government committed to providing viability gap funding to the initial 1 GW of offshore wind farms that are commissioned. -The policies and schemes set in place to encourage domestic manufacturing and self-reliance have placed the country on the road to develop into a trusted supplier in the global renewable energy supply-chain. -Private investment in the nuclear energy sector is being encouraged by the central government, but much more will have to be done for India to reach its ambitious 2030 nuclear energy target of 22.5 GW. It was a pleasure to work with Uttamarani on my first commentary back, and clients can read more by following this link: https://lnkd.in/guCeDF2d

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Using the example of the Indian Petroleum Exploration and Production Sector, Kshitij Awasthi, KV Gopakumar, and Abhoy Ojha, via Business & Society's blog, share findings from their paper on institutional elasticity, where a change takes place first, but then reverts. Read more: https://lnkd.in/dQkusY3t #institutions #elasticity #CSR #Oilbusiness #BASeditors

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🔍 Crisil's Insight: Gas Price Surge Ahead! Lower allocation of Administered Pricing Mechanism (APM) gas could raise the cost for city gas companies by ₹2-3/kg, impacting both margins and consumers. Crisil highlights that this shift might lead to increased prices in CNG and PNG segments, creating ripple effects across industries and households. ⛽📈 🔑 As we move forward, stakeholders must adapt to potential cost inflation and explore sustainable alternatives for energy efficiency. #EnergyNews #GasPrices #CityGas #CNG #PNG #SustainableEnergy #Inflation #EnergyTransition

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India’s Barmer refinery start-up to ease product demand pressure in short term- Barmer Refinery is intergrated refinery and Petrochemical complex having 180 KBPSD capacity with 20% + petrochemical intensity. The refiney designed with local Mangla and middle eastern crude is securing supply of Urals along with Basrah crude for expected start up in 3Q2025. The commissioning of the refinery is expected to ease the rising domestic product demand and provide major relief on petrochemical imports. The detailed analysis of Barmer's impact on oil market covering crude , product and refinery runs has been undertaken by expert Analyst at Rystad Energy Sambhav Grover, Mriganka Mukhopadhyay and Pankaj Srivastava in recently published commentary. In case you are interested in deeper analysis about Rising Refinery at desert of Rajasthan, Please join our https://lnkd.in/gC3gwjjk Oil Trading Signals

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Today at PHD House, industry leaders and dignitaries gathered to share their perspectives on the future of LNG in India. The Bharat LNG Summit 2024 provided a dynamic platform for discussing innovations, challenges, and opportunities in the liquefied natural gas sector. ANJANI KUMAR TIWARI #BharatLNGSummit2024 #PHDCCI #LNGSector #EnergyFuture #NewDelhiEvent #EnergyConference #IndustryLeaders #LNGChallenges #LNGOpportunities #EnergyInnovation #IndiaEnergy #LNGExperts #FutureOfEnergy

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There are many imperatives of monetisation of natural gas looking forward the economics of its chemical structures, physical attributes, logistic advantages, particularity of geographies, commercial viability, product parity viz a viz alternative fuels or feedstocks and the elements of affordability, accessibility and acceptability. However so important the case, author’s bold take on element of taxation imposed by concerned quarters in variance and regional disparities is so vividly put forward. Without addressing this issue in rationality by the policy makers of the fuel economy, all measures will remain short lived without valuing a sustainable case of its long term synergy. Input credit claims, tax relief incidence leads to reduction in gas price benefitting all consumers, merit order dispatch to factor the externalities of emission hazards, besides PLI issue for nascent segment of long haul vehicles on LNG are no doubt very fit concerns for natural gas industry. Thank you Sandeep Gupta, CMD GAIL to bring out these critical business dynamics of this sector.Sandeep Kumar Gupta CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal

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🌱 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝘁𝗼 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗖𝗕𝗚 𝗣𝗶𝗽𝗲𝗹𝗶𝗻𝗲 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 🌱 The Government of India has introduced a new scheme to subsidize the construction costs of pipelines connecting Compressed Biogas (CBG) plants with the existing City Gas Distribution (CGD) networks. This initiative aims to strengthen the supply of sustainable energy by facilitating the seamless integration of CBG into CGD systems. 📢 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗜𝗻𝘃𝗶𝘁𝗲𝗱: City Gas Distribution (CGD) entities are encouraged to submit their proposals for pipeline projects that will enable the supply of CBG to CGD networks. Interested entities can apply through the DPI Portal at Https://dpi.eil.co.in For detailed guidelines and further information, please visit the portal Https://dpi.eil.co.in Let’s work together to advance India’s transition towards a greener, more sustainable future! 🌿 Petroleum Planning and Analysis Cell(PPAC), MoPNG Centre For High Technology Indian Federation of Green Energy - IFGE Indian Biogas Association NATURAL GAS SOCIETYCGD India GAILGas Limited Adani Total Gas Indian Oil Corp Limited GAIL (India) Limited Torrent Gas Indraprastha Gas Limited Mahanagar Gas Limited #SustainableEnergy #GreenEnergy #CBG #CGD #EnergyTransition #RenewableEnergy #GoGreen #GovernmentOfIndia #MoPNG #Gaseconomy

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Exciting developments are underway in India's renewable energy sector, with Sembcorp Industries Ltd India's CEO, A Nithyanand, highlighting the country's preparedness to achieve its ambitious 500 GW target by 2030. In a recent interaction he shared insights on Sembcorp's contributions and the sector's potential. India's renewable energy landscape has seen remarkable growth, driven by investor-friendly policies and robust demand. With 13 GW added in 2023, non-fossil fuel sources now account for 42% of the energy mix. Solar and wind power lead the transition, positioning India as a global leader in renewables. Key policy interventions, such as Electricity Amendment Rules 2023, have bolstered efficiency and attractiveness within the sector. Offshore Wind Energy Lease Rules 2023 and Green Tariff 2 have further incentivized renewable energy adoption. For global investors eyeing India's renewable energy market, opportunities lie in wind and solar investments, backed by competitive costs and a conducive regulatory environment. Tailored green solutions for the commercial and industrial sector also present significant growth prospects. Sembcorp's strategy revolves around driving energy transition and maximizing efficiency. With a robust portfolio of 4.2 GW, including wind and solar assets, Sembcorp is actively engaging in disciplined project bidding and strategic acquisitions. Looking ahead to 2024, India's renewables sector is poised for substantial growth, fueled by government commitments, grid infrastructure development, and advancements in energy storage. Increased investments in solar PV manufacturing and offshore wind projects will further drive innovation and job creation. #renewableenergy #india #sustainability #energytransition #greenhydrogen #solarpower #windpower #solarindia #investmentopportunities #solarindustry #manufacturing

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More than a month back a policy improvement was announced. CBG Industry was ideally be celebrating early Deepavali & jumping with joy with this option. It is about CGD CBG Synchronization. Yet, No one seem to be excited? but why? Comment your thoughts. Note : One more critical intervention expected from #PNRGB soon, I have kept the crackers and pots ready. ****** Scheme Guideline for Development of Pipeline Infrastructure (DPD for injection of Compressed Bio Gas (CBG) in City Gas Distribution (CGD) network. *******

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Indian Oil & Gas sector’s big leap in the Green Hydrogen space: GAIL (India) Limited has installed its first Green Hydrogen Plant on 24th May, 2024 at GAIL Vijaipur, Madhya Pradesh. The event was inaugurated by Shri Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas. In line with the National Green Hydrogen Mission, this step marks a major step towards foraying into new and alternate energy. This Green Hydrogen plant has a capacity of producing 4.3 TPD of Hydrogen, through 10MW PEM (Proton Exchange Membrane) Electrolyzer units, by electrolysis of water using renewable power. The purity of hydrogen from this plant shall be 99.999% (by vol.) and will be produced at a pressure of 30 Kg/cm2. Initially the hydrogen produced from this unit shall be used as a fuel along with Natural Gas for captive purpose in the various processes and equipment running in the existing plant at Vijaipur. Further, this hydrogen is planned to be dispensed to retail customers in the nearby geographies, transported through high pressure cascades. #India #Decarbonization #MoPNG #MNRE #WEF #PIB #GAIL #hydrogen #greenhydrogen #geographies #greenpower #NetZero #cleanEnergy #IEA #EIL #Renewable #Sustainability

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As it was predicted pre-election, Government of India might push for Green Hydrogen. Now the first step has been strongly put in that direction. This Electrical vehicle drive is to be well supported by Green Hydrogen drive to make it real source of alternate & clean energy. We need more such positive decisions in future as well, but Intent has been shown now. https://lnkd.in/gfdNrDQP

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