Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Business»Govt to push geothermal pilots under new policy; Iceland, Norway firms eye sites in Uttarakhand, Arunachal | Business News
Business

Govt to push geothermal pilots under new policy; Iceland, Norway firms eye sites in Uttarakhand, Arunachal | Business News

September 17, 2025No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
India has an estimated 10.6 gigawatts (GW) of geothermal potential, which could rise with further exploration. (Representational)
Share
Facebook Twitter LinkedIn Pinterest Email

India’s new nationwide coverage on geothermal power seeks to construct on curiosity from analysis corporations in the USA, Iceland, and Norway to check its business viability within the nation, Ministry of New and Renewable Power (MNRE) Secretary Santosh Kumar Sarangi stated on Wednesday. Corporations from Iceland and Norway are R&D and pilot initiatives within the Gulf of Cambay, Arunachal Pradesh, and Uttarakhand, he added.

Geothermal power faucets the earth’s warmth from scorching water springs on the floor or reservoirs deep underground, utilizing steam to spin generators and generate electrical energy. It’s a renewable supply and may also be harnessed from scorching rocks for heating and cooling, greenhouses, and aquaculture. The Geological Survey of India (GSI) has mapped 381 scorching springs nationwide with floor temperatures between 35°C and 89°C, whose exploration and improvement the brand new MNRE coverage, launched on September 17, goals to assist.

“Some Norwegian and Icelandic analysis corporations have proven curiosity within the Gulf of Cambay, Arunachal Pradesh, and Uttarakhand. They’ve even despatched their groups to do some pilot research. There’s quite a lot of curiosity,” Sarangi stated in a media briefing. Moreover, the federal government can even discover technological collaborations with the US and Indonesia, particularly for enhanced geothermal programs for bigger energy crops.

Story continues beneath this advert

India has an estimated 10.6 gigawatts (GW) of geothermal potential, which might rise with additional exploration. Key websites lie within the Himalayan Geothermal Province — protecting Uttarakhand, Himachal Pradesh, Ladakh, Jammu and Kashmir, and Arunachal Pradesh — in addition to the Cambay Graben in Gujarat, dwelling to a number of deserted oil wells, and the Andaman and Nicobar Islands.

Globally, lower than 17 GW of geothermal capability is harnessed, led by the US, Indonesia, and the Philippines, whereas nations like Iceland and Norway have pioneered modern applied sciences within the sector.

In June 2024, the US Worldwide Commerce Administration (ITA) stated, “Puga and Chumathang in japanese Ladakh appear to be essentially the most promising geothermal fields in India. Efforts are additionally being made to make the most of geothermal power from present oil and fuel wells in ONGC’s Gandhar oil area in Ankleshwar, Gujarat, adopted by Cambay Basin in Gujarat.” It referred to as on American corporations to “discover alternatives within the Indian market, the place geothermal power is being seen as a supplemental resolution to power storage and out there backup choices.”

In keeping with the Worldwide Power Company (IEA), “China, the US and India have the biggest market potential for next-generation geothermal electrical energy, collectively accounting for three-quarters of the worldwide complete.” The IEA estimates India’s geothermal market potential to develop to 4.2 GW by 2035 and practically 100 GW by 2045.

Story continues beneath this advert

“With geothermal power, we will present electrical energy and heating within the hard-to-reach areas of the nation. As an example, within the Andaman and Nicobar Islands, energy at the moment prices Rs 30-32 per unit; with geothermal power, it might fall to beneath Rs 10-11. Equally, in Ladakh, the place heating is crucial throughout peak winters, tapping geothermal sources might present each heating and electrical energy,” the MNRE Secretary stated.

“Additionally, within the Gulf of Cambay, there are millions of deserted oil wells. The drilling has been completed, however the warmth generated from there may be not getting used at this time,” he added.

Oil and fuel corporations are more and more seeking to repurpose deserted wells for geothermal power. In Barmer, Rajasthan, IIT Madras is piloting a venture to retrofit unproductive oil wells to generate 450 kilowatt-hours (kWh) of electrical energy, with assist from MNRE and Vedanta Ltd’s Cairn Oil & Fuel. Reliance Industries Ltd, in its 2024-25 annual report, additionally stated it plans to leverage its oil and fuel exploration and manufacturing enterprise to develop into geothermal.

Geothermal power faces excessive upfront prices and exploration dangers — it takes about Rs 36 crore to develop one megawatt (MW) of capability. The Nationwide Coverage on Geothermal Power goals to financially assist R&D and pilot initiatives, together with streamlining efforts throughout stakeholders, together with the Ministry of Petroleum and Pure Fuel and state governments. A viability hole funding (VGF) scheme can also be being explored.

Story continues beneath this advert

“The problem is to reveal business feasibility, and that experiment is already underneath approach. The coverage’s framework will enable us to hold out the technical in addition to business design wanted for it,” Sarangi stated. The MNRE has sanctioned 5 initiatives up to now, together with the one supported by Vedanta, and with the coverage, it expects to develop the checklist.

The coverage comes after a activity pressure on harnessing geothermal power in India was shaped by the MNRE in August 2024.



Source link

Arunachal business eye Firms geothermal Govt Iceland news Norway pilots policy push sites Uttarakhand
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Chinnaswamy Stadium given Karnataka state government approval to host RCB’s IPL 2026 matches | Cricket News

March 16, 2026

Leadership exits, Grok controversy: Why Elon Musk wants xAI to start over again | Technology News

March 16, 2026

‘Had told CSK to pick him straightaway’: Harbhajan Singh reveals first brush with Varun Chakaravarthy | Sports News

March 16, 2026

AI writes buggy code. A Silicon Valley startup wants to fix it. | Technology News

March 16, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Old Dominion Shooter Was Released From Prison Early After Completing Drug Program

March 16, 2026

J. Lo Eyes Bad Bunny Romance And Career Team-Up With Super Bowl Star

March 16, 2026

Samsung One UI 9 First Development Build Spotted

March 16, 2026

JSW Steel initiates coal mining project in Mozambique

March 16, 2026
Popular Post

Sensex dips nearly 800 points, Nifty down 210 points, day after record single-day gain | Business News

I’m a Gen Zer who landed a 6-figure job at Morgan Stanley before graduation. Here’s what the process was like — and why you should refresh a surprisingly important part of your résumé.

Dolly Parton and Her Family Reveal Death of Singing Icon’s Brother

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2026 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.