India Liquified Petroleum Gas (LPG) News

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• September 2022: AGL Energy announced the company's coal-fired Loy Yang A power station in Victoria will close in 2035.
• October 2022: New South Wales (NSW ) Electricity Infrastructure awarded the contracts to design and replace four of NSW's remaining five coal power stations in the next 11 years.

• In September 2022, the German government announced a USD 65 billion plan to help people and businesses cope with soaring prices. Several European nations introduce emergency measures to prepare for a long winter in the wake of disruption in Russian gas supplies to Europe following the Ukraine war.
• In March 2022, Equinor announced plans to increase gas supply to meet European demands. Increased production permits issued by the Ministry of Petroleum and Energy allow Equinor to maintain high production levels at its Troll, Oseberg, and Heidrun gas fields. Following these permits, the Oseberg and Troll fields will increase exports by around one billion cubic meters (bcm), while the Heidrun field aims to increase gas exports by 0.4bcm for the 2022 calendar year.

• In January 2022, According to the results of the bid opening for the 11th round of city gas distribution (CGD) bidding, Indian Oil Corporation (IOC) stands to get nine licences and Bharat Petroleum Corporation Ltd (BPCL) 6.
• In May 2022, Adani Total Private Limited has withdrawn its EoI to build a natural gas pipeline from Haldia to Panitar following objections by Hiranandani Energy and others.

• In February 2022, Indian Oil Corp (IOC) announced the plans to construct three new plants in Northeast India to increase its LPG bottling capacity by nearly 53% or to 8 crore cylinders annually by 2030, to meet the growing demand in the region. Furthermore, the total investment in the plant expansion is likely to range between INR 325-350 crore.

• In February 2022, the Indian Institute of Chemical Technology (IICT) announced a collaborative project of approximately INR 7.31 core with Northern Coalfields Limits (NCL), Madhya Pradesh (MP), to take up research and development in the field of sustainable mining and clean coal technologies (CCT).
• In October 2021, Adani Power Limited announced its plan to commission Godda Ultra Super Critical coal thermal Power Project by March 2022. The plant is located in Jharkhand, India, and has an installed capacity of 1,600 MW. Thus, such upcoming coal power plants are anticipated to increase the use of clean coal technology during the forecast period.

• March 2024: Kawasaki Heavy Industries Ltd got an order via its Kawasaki Gas Turbine Asia Sdn Bhd from Malaysian company Sime Darby Energy Solutions Sdn Bhd for two consecutive orders for gas turbine cogeneration systems. The company intends to use these new, high-efficiency gas turbine cogeneration systems at its Dengkil and Port Klang factories in the state of Selangor in central Malaysia.
• January 2024: GE Vernova’s Gas Power business and IHI Corporation made a Joint Development Agreement for developing a new gas turbine combustor that can effectively utilize ammonia as a fuel for power generation, specifically tailored to integrate seamlessly with GE Vernova's 6F.03, 7F, and 9F gas turbines, marks a significant stride in advancing technology and engineering.
• April 2023: Baker Hughes, an energy technology company, received an order from Black & Veatch, a subcontractor to the JGC and Samsung Heavy Industries. The order includes two LM9000-driven compressor trains for the PETRONAS nearshore liquefied natural gas facility in Sabah, Malaysia.

• May 2024: World Bank Group, Abu Dhabi Future Energy Company PJSC (Masdar), and the government of Uzbekistan signed a contract on a financial package to build a 250-MW solar photovoltaic plant and a 63-MW battery energy storage system. The main aim of this project is to provide clean and reliable energy to about 75,000 households.
• March 2023: The scaling Solar 2 project for Uzbekistan received USD 12 million in financial support, as agreed by the World Bank's Board of Executive Directors. The project will support the government's transition to a green economy, promote the decarbonization of the energy industry, and increase the nation's capacity to produce clean and renewable energy.

• May 2024: RWE AG and Microsoft signed two 15-year power purchase agreements (PPAs) for clean electricity from RWE’s new onshore wind farms in Texas. The Peyton Creek II and Lane City projects have a combined capacity of 446 MW. Vestas will supply the turbines, and Wanzek Construction Inc. and RES will manage the construction. This partnership underscores Microsoft’s commitment to renewable energy.
• August 2023: Newfoundland and Labrador approved a significant wind-to-hydrogen project led by EverWind Fuels. This project, located in the Burin Peninsula, aims to produce green hydrogen using wind energy. It is part of a broader initiative to develop and export hydrogen and ammonia globally. The project is expected to create numerous jobs and contribute significantly to the local economy. This approval marks a step forward in Newfoundland and Labrador’s renewable energy ambitions.

• November 2023: The Biden-Harris administration authorized the Empire Wind offshore wind project, marking President Biden's sixth approval of a large-scale offshore wind energy project. This decision aligns with the administration's objective of installing 30 GW offshore wind energy capacity by 2030.
• November 2023: The US Department of Energy (DOE) announced the Puerto Rico Energy Resilience Fund (PR-ERF), which will provide up to USD 453.5 million to increase residential rooftop solar PV and battery storage installations across the region, with a focus on reaching and supporting Puerto Rico's most vulnerable residents. This round of funding will support consumer protection and education initiatives to support the long-term use of solar systems by residents, as well as a Solar Ambassador Prize for community groups to assist the Department in identifying and connecting with eligible households, thereby assisting Puerto Rico and President Biden in meeting their goals of lowering energy costs through a resilient grid powered by 100% renewable energy.

• April 2024: RWE AG, a German multinational energy company, was granted a 495 MW electricity business license (EBL) by the Ministry of Trade, Industry, and Energy in South Korea for the development of the Seohae offshore wind project, situated off the coast of Taean County.
• February 2024: Aker Solutions, a Norway-based company, was awarded a contract that includes front-end engineering and design (FEED) for the Haewoori Offshore Wind 2 and 3 projects. The project is expected to be located offshore Ulsan, South Korea, each with a capacity of 500 MW.