The fate of 400kV New Butwal-Gorakhpur cross-border transmission line is hanging in balance, as India questioned the power line’s commercial viability, saying whether it can help to encourage electricity generation between Nepal and India.
India will need about $4.5 trillion in the next 25 years for infrastructure development, of which it will be able to garner about $3.9 trillion, the Economic Survey said.
The Economic Survey 2017-18, tabled in Parliament on Monday, forecasts gross domestic product growth for 2018-19 at 7-7.5 per cent, compared with a forecast of 6.75 per cent in the current fiscal year.
RIL and its partner BP plc had in the April-June quarter of the current fiscal produced 6.4 mmscmd of gas
The Chennai Metro Rail has conducted its first train trial run at a distance of about 2.5 kilometres between Nehru Park and Chennai Central, marking a step ahead to completion of the long duration project.
India’s Niti Aayog created ripples when it revealed a vision to completely switch automobile sales in India to electric vehicles (EVs) by 2030. EVs would obviously have a large impact on the environment.
ONGC will buy 51.1 per cent of the government’s equity in HPCL for Rs 36,915 crore ($581 billion) to stem the fiscal deficit and boost disinvestment — a year after the Modi government mooted a much-needed initiative to create an integrated supply chain in the oil sector.
In an interview to Times Now on the weekend, Prime Minister Narendra Modi extolled the virtues of the Pradhan Mantri Ujjwala Yojana, which offers free gas connections to the rural poor.
Coal India’s decision to move to the global standard of charging customers based on the actual consumption of the gross calorific value (GCV) of coal may work in the company’s favour only if it can control quality and assure supplies in the higher bracket of a said coal grade.
Top Indian energy companies, including Adani Power, Essel Infraprojects Limited, and Azure Power are bullish about the Uttar Pradesh solar power sector and have shown interest in setting up projects.