India is fully prepared to finance carbon-capture technology but the developed world’s approach in this area leaves much to be desired, New and Renewable Energy Minister Piyush Goyal has said.
The Centre has directed all central government buildings across India to switch over to LED based lightings and energy efficient cooling equipments to ensure savings in costs and energy consumption, an official said here on Friday.
The ambitious Mumbai-Ahmedabad bullet train project will soon be a reality, with Indian Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe presiding over the ground-breaking ceremony in Gandhinagar, likely to take place on September 17.
The development of renewable energy is setting new records, with solar power now becoming cheaper than energy from new coal or nuclear plants. China and other players in Asia are making serious inroads into the market.
According to reports, India plans to power all 12 of its major domestic ports with renewable energy, the first country in the world to so.
In bad news for the state government, Bengaluru has emerged as a city with one of the poorest infrastructures in the world, and the worst in country.
A Moody’s Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to “stable” over the next 12-18 months with a Baa3 positive rating