Ambarish Nath Tiwari

For CLEAR Air, Go NuCLEAR Another article on #ENERGYTRANSITION focusing on POWER of #NUCLEARPOWER by Amit Garg Saritha Sudharmma Vishwanathan & Mr. R.B. GROVER from AEC, Government of India. #NetZero Targets can be achieved through #NuclearEnergy - 15 Countries have assigned significant role to #NuclearEnergy - 20 Countries have included #NuclearPower in long term strategies - 30 Countries considering commencing #NuclearPower Program - 20 Countries have expressed interest in initiating #Nuclear Progam Government of India is poised to increase it's Nuclear Capacity - which is indeed a great move ahead. To increase Nuclear Capacity 3 times by 2032. #NuclearEnergy is the CLEANEST form of #Energy, having less variable cost compare to Fossil with #CarbonCapture technology OR RE with Storage Tech (Requires less land). It is the winner with almost ZERO #GHG emissions resulting in lowest landed electricity price for end customer. Although there are challenges like High Initial Investment, Social Challenges, #INDIA has declared strategic program. #NuclearPower will get further thrust in time to come through #Evolution in #Technology, #Policies & #Regulations for Sustainable Economic Growth. https://lnkd.in/dnsgSYMk https://lnkd.in/dXm5CUvZ https://lnkd.in/dWAFK9CP https://lnkd.in/deJgXE-R

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EGAT Issues Revised Bid Invitation For THB 3.57 Billion Hydro-Floating Solar Hybrid Project At Srinagarind Dam: The Electricity Generating Authority of Thailand (EGAT) has released a revised invitation for bids (IFB) for the development of a pioneering Hydro-Floating Solar Hybrid Project at Srinagarind Dam Unit 1. This ambitious initiative is a significant step towards Thailand’s renewable energy goals, integrating hydroelectric power with solar energy production to optimize power generation and minimize environmental impact. The project, with an estimated budget of THB 3.57 billion (including VAT and other expenses), seeks qualified bidders to design, construct, and install the necessary infrastructure for the hybrid system. This innovative approach aims to enhance power generation capacity while promoting sustainable energy solutions. Interested bidders can obtain further details and application materials by contacting the International Procurement Department – Generation, Power Plant Development, and Renewable Energy Segment of EGAT. This project underscores Thailand’s commitment to diversifying its energy mix and fostering sustainable energy solutions. The successful implementation of the Hydro-Floating Solar Hybrid Project could pave the way for similar projects in the future, contributing to a cleaner and more resilient energy sector for Thailand. https://lnkd.in/gys8cbmj

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In a recent decision, the NCLT approved a resolution plan for Coastal Energen, a thermal power plant operator in Tuticorin, Tamil Nadu, which was undergoing the CIRP since Feb-22. The key issue in the Coastal Energen case was whether a Prospective Resolution Applicant (PRA) could submit a joint resolution plan with an entity not in the final list of PRAs. One of the PRA joined hand with an investor (who was not part of original PRA list) at the time of submitted a resolution plan. The consortium received necessary regulatory approvals, including from the CCI, allowing them to acquire Coastal Energen in a 51:49 ratio. The NCLT ruled that the consortium was permissible, emphasizing that the IBC’s primary objective is to revive the corporate debtor and maximize asset value. The joint resolution plan, offering INR 3,331 crore against debt of INR 11,851 crore, complied with legal provisions and was approved by the CoC with a 97.8% voting share. Thus, the NCLT approved the plan, recognizing it as a viable solution for Coastal Energen’s revival and protecting stakeholders’ interests. The Coastal Energen order reiterates multiple judgments by the Hon’ble Supreme Court, emphasizing that the role of the NCLT is limited to judicial review. It underscores that the NCLT cannot delve into the commercial decisions made by the CoC, which holds the ultimate authority in these matters. With this judgement and all the debate caused by the Rajesh Hotel judgement, Exciting times lie ahead in this dynamic space!

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Please join me for a conversation with other industry colleagues on supply chain resiliency in India's solar sector. Ministry of New and Renewable Energy (MNRE) First Solar #REINVEST2024

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Minister of State New and Renewable Energy, Shripad Y. Naik highlighted India’s new era in energy transition and commitment to advancing the Hydrogen Agenda at the ICGH-2024 valedictory session. . Read more: https://lnkd.in/dye6tFtN . #Electrical #powerreview #renewableenergy #Solar #Manufacturing #Eprmagazine

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Centre approves investment of Rs 10,501 cr in ONGC OPaL Monday, 12 Aug 2024. The central government has granted an approval letter to Oil and Natural Gas Corporation (ONGC) to invest Rs 10,501 crore in ONGC Petro additions (OPaL). The letter has been issued by the Ministry of Petroleum & Natural Gas, Government of India (GoI). Furthermore, the GoI has also sanctioned the conversion of back-stopped compulsorily convertible debentures (CCDs) worth Rs 7,778 crore, along with a balance payment of Rs 86 crore in share warrants. The total investment reaches Rs 18,365 crore, which will elevate OPaL to the status of a subsidiary of ONGC, with a 95.69 percent equity stake. This move, besides strengthening ONGC's position in the petrochemical sector will also provides a clear roadmap for OPaL's future operations. The GoI has also permitted the allocation of 50 percent of the annual gas production from new wells or well interventions in ONGC's nomination fields, or up to 3.2 mmscmd of natural gas, whichever is lower. This will help provide essential feedstock support to OPaL, with pricing set at 20 percent above the Administered Price Mechanism (APM) price.

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RE Generation Leadership India is celebrating its position as the third largest RE generation surpassing Japan. Yes, it's a matter of Joy , but then should we be satisfied really with this position? Think, How much MW more we could have added? 1. What if #GIB Order by Hon'ble Supreme Court was not announced? 2. If prices were not inflated by imposing high #importduties on #solarcells and #solarpanels? 3. If Electricity Act was amended to allow RE generation with mandatory #Banking facilities, where each state has come up with own ways to restrict it? 4. If Discom officials allowed #Rooftop Solar plants with EoDB practice. It's made so complicated even by Private Discoms. 5. If #TransmissionCorridors by each state were built up 6. If scam of #ABTmeters were not implemented for RE Open Access Ajitabh Sharma, IAS

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SMEs are key to Indian economy for fast tracking to US$5 trillion economy. Power sector is key one and is now critical to all sectors growth with advent of EV, Automation , Renewable energy. Export can provide 10X growth. https://lnkd.in/gE2uiniP

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Exciting to be a part of CGD Gas Distribution Summit 2024 ! Key Takeaways: Make Metering Smart and Affordable, Transparent and ROI Driven, and last but not the least convert experiences into Smart Solutions for CGD Business !! #CGD #PNGRB #IGL #IGLGenesis

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Great Share Sylvana David ma'am. While Nigeria continue to drive towards increase in adoption of CNG vehicles and seek investment in the development of conversion stations, we give kudos to players in the industry like Sylvana David, and other stakeholders for the effort towards a sustainable future for Nigeria. What does success means? Over 70% of income is saved by converting vehicles and trucks, generators to use CNG.

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‘Decarbonising industry’: Prashant Ruia on Essar’s energy transition Read more- https://lnkd.in/g6NcFE9p #DecarbonisingIndustry #EnergyTransition #SustainableBusiness #EssarGroup #CleanEnergy #PrashantRuia

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SECI Sets New Benchmark With ₹3.52/kWh Tariff For Solar-BESS Projects: NTPC REL, Sembcorp, Reliance Power Among Winners The Solar Energy Corporation of India (SECI) has achieved a milestone in its tender for Battery Energy Storage Systems (BESS), setting a new benchmark with a discovered tariff of ₹3.52/kWh. The auction saw a total quoted capacity of 2,000 MW, with five companies emerging as winners. The tariff range for successful bids was between ₹3.52 and ₹3.53 per kWh. NTPC Renewable Energy Limited (REL) secured 500 MW at ₹3.52/kWh, while Sembcorp Green Infra and Solarcraft Power India won 150 MW each at the same tariff. Hero Solar Energy also quoted ₹3.52/kWh for 270 MW. Reliance Power quoted ₹3.53/kWh for 1 […] Read the full story here: https://lnkd.in/g8gvT4eb #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #auctionresult #india #renewableenergy #seci #solarenergy

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Enclosed is Report No. 5517/EVN-TTD+KTSX+TCKT issued by Vietnam Electricity on October 2, 2024 report to the Ministry of Industry and Trade on the matter of the results of the cost calculation of the related costs for major customers participating in the DPPA mechanism. EVN reports detailed cost calculation results and makes the following recommendations to the Ministry of Industry and Trade: (i) Approve EVN's proposal on the principles of calculation, ancillary service costs, and the Kpp coefficient, while also considering the inclusion of payment difference costs and electricity business losses for the years 2022-2023. (ii) Recommend allocating electricity business losses and calculating the Kpp based on the results from year N-2. (iii) If approved, EVN will finalize the calculations and publish the annual cost results and payment differences on the Electricity Market website. -------------------- #VSE #VSE_LAWYERS

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It is indeed an interesting piece of discussion on coal-to-solar generation Swap and operationalise it 24x7.

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It is great to see India emerging as a leader in pumped storage hydro development recognizing the role of long duration energy storage in renewables integration and a just energy transition. Different business models are emerging in developing both PSH as well as BESS which can indirectly help monetize the power system benefits these storage assets provide. #storage #energystorage #pumpedstoragehydro #longdurationenergystorage #bess #energytransition #reintegration

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Renewable Energy is one of my favourite sectors considering the futuristic growth 📈 and world level transition towards Green Energy ⚡ So Here's my latest research report on Waree Renewables Technologies Ltd which has India's Largest manufacturing capacity of 12 GW 🪫 The company has already generated 967.1% returns in a year and outperformed its sector by 843.77% in the past year. Click on the below link to read now 👇 https://lnkd.in/dHcfQGQ5 #smartinvestment #renewables #energy #renewablesector #solarsector #wareerenewables Waaree Group Smart Investment

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Powermech - Q4 FYE 2024 PAT Growth QoQ - 35% YoY - 12% Monitorables - New Mining contracts for Coal - EPC orderflows for new Power Plants - Potential mining contracts for other minerals - FGD segment updates More updates post concall #Powermech

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Multibagger Return : Waaree Renewable Technologies Ltd Multibagger Solar Energy Stock Declares 341% Jump in PAT. This phenomenal success story is a testament to the remarkable efforts of Hitesh Doshi and Chaitali Hitesh Doshi, the guiding force behind Waaree Renewable Technologies Ltd. Their vision and leadership have propelled the company to become a frontrunner in the renewable energy sector. ✔️For over 33 years, Waaree Group has been a beacon of innovation and dedication in India's solar energy industry. ✔️Established in 1989, they've grown into the country's largest solar module manufacturer, boasting a staggering production rate – churning out a new solar panel roughly every 2 seconds! ✔️Waaree Renewable Technologies Ltd (WRTL) is a subsidiary company of Waaree Group and spearheading the Solar EPC business. Waaree Group has successfully installed 10000+ solar projects, with a total operating capacity of 600+ MW. ✔️They're not just domestic leaders; Waaree is a major force in global solar exports, consistently exceeding expectations. ✔️Waaree's commitment extends beyond production. They're a one-stop shop for solar solutions, offering reliable EPC services for solar energy projects. ✔️Their dedication to quality and affordability ensures their success benefits not only the environment but also delivers strong returns to investors and stakeholders. Overall, this is a positive financial report for Waaree Renewables, indicating a strong year with significant growth. While there was a minor decrease in profit margins, the substantial growth in revenue and PAT suggests the company is in a good financial position. Put your opinion in the comments below 👇 #WaareeEnergies #SolarEnergy #Sustainability #MadeInIndia 888vc

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