Bearish demand outlook offsets geopolitical risks

Bearish demand outlook offsets geopolitical risks

Economic uncertainty and a bearish oil demand outlook continue to offset heightened geopolitical risks and keep a lid on oil prices. S&P Global Platts Analytics, however, believes that prices are far from where fundamentals suggest, weighed down by bearish sentiment around the health of the global economy.

UP Power Department working on zero-tolerance for corruption

UP Power Department working on zero-tolerance for corruption

With zero-tolerance against corruption, the Power Department in Uttar Pradesh has ordered a special audit of the e-tenders in Bahraich, Balrampur, Shravasti and Gonda. Based on the audit reports of these districts, inquiries will also be ordered into e-tenders of other districts to ensure transparency in working.

Tech Mahindra And Power Ledger To Conduct Tech Trials In Microgrid-As-a-Service

Tech Mahindra And Power Ledger To Conduct Tech Trials In Microgrid-As-a-Service

Tech Mahindra and Power Ledger, a blockchain-based peer-to-peer electricity trading platform provider have announced a series of technology trials that aim at bringing the benefits of energy microgrid developments to India’s booming urban population, through Microgrid-as-a-Service. Incubated by Tech Mahindra, Microgrid-as-a-Service or MaaS is an integrated platform which helps in creating a disruptive model in the electricity market by enabling […]