Indian Oil begins Aviation gasoline production; pilot training to get cheaper

Aviation gasoline (Avgas) used in piston aircraft of pilot training schools will be cheaper by 12-20 per cent as Indian Oil commenced its production at Gujarat refinery, Business Standard reports. The current consumption of aviation gasoline or Avgas is around 250-300 kilolitres per month and it is entirely imported from overseas. Domestic production from Avgas will reduce foreign exchange outgo and […]

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Pricey critical minerals, supply chain disruption obstacles to rising EV demand – report

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Soaring prices for some critical minerals essential for battery manufacturing, as well as supply chain disruptions caused by Russia’s attack on Ukraine and by continued Covid-19 lockdowns in some parts of China, are the greatest obstacles to continued strong global electric vehicle sales, the International Energy Agency (IEA) said. Ensuring future growth will demand greater […]

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Global battery demand to surge by 2030, supply headaches on the horizon

As the energy transition quickens and countries and consumers strive to decarbonize, global battery demand could surge exponentially and approach nine terawatt-hours (TWh) annually by 2030, 15 times the levels seen in 2021. Rystad Energy research shows that although global battery demand in 2021 stood at 580 gigawatt-hours (GWh), more than double 2020’s total, global […]

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Twelve million people now employed in the renewable energy sector: IRENA and ILO

A recent report by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO) states that renewable energy employment worldwide reached 12 million in 2020, up from 11.5 million in 2019. According to the report, in spite of the slowdown caused by the covid-19 pandemic, solar and wind jobs continued to grow and accounted for 4 million and 1.25 […]

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Indian Oil to set up 10,000 Electric Vehicle charging stations in next three years

Close on the heels of PM Narendra Modi’s declarations at the COP26 summit, India’s largest automobile fuel retailer Indian Oil Corporation announced its plans to set up 10,000 charging stations for electric vehicles (EVs) in three years. Setting up of EV charging stations and production of green hydrogen will both be part of the company’s net carbon […]

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CNG outlets and EV charging stations to get preference over petrol and diesel sale in the new licensing norm

India’s new liberalised petrol pump licensing norms allow setting up of EV charging stations and CNG outlets even before the start of petrol and diesel sales, the government has stated. The Ministry of Petroleum and Natural Gas in a clarification to its November 8, 2019 order that eased norms for setting up of petrol pumps by new […]

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India to see sudden spike In EV adoption: IEA

India could be the next major market for electric vehicles, in large part thanks to commercial EV adoption. In fact, the subcontinent’s demand for EVs for commercial use alone is expected to increase a stunning 15-fold in the next six months alone. The sudden spike in uptake is being fuelled by the confluence of a number […]

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