India’s powercompanies have a problem largely responsible for $10 billion a year in losses. Slum dwellers steal electricity and refuse to pay their bills.
State-owned power equipment maker Bharat Heavy Electricals Ltd(BHEL) has paid a final equity dividend of 39 per cent for 2016-17.
Downstream oil and gas sector regulator Petroleum and Natural Gas Regulatory Board (PNGRB) has called public consultations on a landmark proposal by gas transmission utility GAIL(India) to allow unified or pooled tariff for seven of its inter-connected cross-country pipelines.
Landlocked but resource-rich Uzbekistan is seeking to deepen its strategic partnership with India, as it is planning to export uranium to power a growing number of nuclear plants in South Asia’s biggest country.
Ford Motor Co has formed a team to accelerate global development of electric vehicles, whose mission will be to “think big” and “make quicker decisions,” an executive of the company said on Monday.
The Asian Development Bank (ADB) today said it has agreed to finance additional powertransmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB).
Crude oil prices in the international market have come substantially down, but surprisingly the prices of petroleum products in India are on the rise, pinching the common man’s pocket.
In a bid to seek more private sector participation in the hydropower sector, the ministry of power has formed a committee under Central Electricity Authority of India (CEA) to propose recommendations to the ministry.
India’s wind energy capacity addition in the current financial year remains adversely impacted due to migration from feed-in tariff to bid tariff route and with a very limited progress seen in tie-up of incremental wind energy Power Purchase Agreements (PPAs) through bidding route so far
India will further strengthen the Korea Plus cell created here to promote and facilitate investments, Commerce and Industry Minister Suresh Prabhu said.