The government is considering ways to bind power distribution companies to supply electricity round the clock, without resorting to load shedding.
India’s focus on renewables has pushed green bond sales to a record high of $3 billion this year, doubling from the year ago, as investors with dedicated funds prefer India over China
Growth in Asia’s third-largest economy has been slowing for the past five quarters, thanks largely to the chaotic roll out of the goods and services tax and a surprise ban on currency notes to pin down tax evaders.
Plans for India’s first bullet train, a $17-billion-dollar project, have sparked a debate on the definition of “public purpose” for land acquisitions which have become increasingly contentious.
The government has initiated an anti-dumping probe on imports of straight length bars and rods of alloy steel from China following complaints from the domestic industry.
I’ve been in office just for 17-18 days. I’m studying the rail sector and the framework of our functioning. I haven’t yet finalised all my plans for the railways.
India is planning a simple, attractive system for auctioning coal blocks to private firms by the year end, a measure government officials believe will help accelerate the infrastructure industry and have a multiplier effect on the economy.
Upstream regulator DGH and Joint Secretary (Exploration) in the Oil Ministry will be the government nominees on oversight committees that will monitor the 30 small discovered oil and gas fields awarded in the first round of auction.
In what is billed as the single largest investment by a state PSU in recent times, Assam Petrochemicals Limited (APL) will invest close to Rs 1337 Crore to set up second unit for producing methanol and Formalin.
Essar Ports is looking to set up a cluster of small and medium sized terminals for handling liquefied natural gas on India’s west and east coasts to capitalise on the growing demand for the cleaner fuel.