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Centre Reviews Lakshadweep Power Sector and Focuses on Renewable Energy
The Union government has proposed measures to strengthen Lakshadweep’s power sector, focusing on a transition from diesel-based electricity generation to renewable energy sources, as stated by Union Power Minister Manohar Lal during a review meeting in Kavaratti. The review, which was attended by Lakshadweep Administrator Praful Patel along with senior officials from the Union Territory administration, Government of India, and Power Finance Corporation (PFC), discussed the performance of the electricity department, the demand-supply balance, and on-going renewable energy projects, including..
Cairn Oil & Gas Cuts 229000 Tonne Carbon aims for Net Zero by 2030
Cairn Oil & Gas, a part of the Vedanta Group, announced in its FY’24 Sustainability Report that it had reduced carbon emissions by 229,000 tonnes over the past four years and is ramping up efforts to achieve Net Zero by 2030. Hitesh Vaid, the Chief Financial Officer of Cairn Oil & Gas, stated that the company remains committed to sustainable transformation in the energy sector as it celebrates 30 years of energizing India. In FY’24, Cairn invested Rs 740 million in emission reduction initiatives and completed feasibility studies for Carbon Capture, Utilisation, and Storage (CCuS) at its A..
SJVN Green Invites Bids for 1.35 GW Solar Projects under MSKVY 2.0
SJVN Green Energy, a wholly-owned subsidiary of SJVN, has issued a call for bids to develop 1,352 MW solar projects at 102 sites in Maharashtra. These projects are being implemented under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The deadline for bid submissions is January 16, 2025, and bids will be opened on the same day. Bidders are required to submit a bid processing fee of Rs 1.5 million and an earnest money deposit of Rs 1.27 million per MW. The projects will be distributed across nine locations in Pune (154 MW), 22 locations in Nashik (304 MW), 19 locations in Ahmednagar..
