Spanish infrastructure firm Abertis Infraestructuras SA has agreed to buy two operational toll road assets in south India from Macquarie Group Ltd for about Rs1,000 crore, said two people familiar with the development.
India will invest Rs127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022.
Rural households having no electricity connection despite their village having connected to the grid will now be able to
In 2014, when Prime Minister Narendra Modi first placed solar energy at the core of the energy mix that would fuel India’s economic growth, scepticism abounded: how will the government deliver? Isn’t the target of 100 gigawatts (GW) of solar energy, later revised to 175GW of renewable energy, by 2022, too ambitious? Also, isn’t solar […]
In a century belonging to renewable energy, traditional, non-renewable sources are continuing to shape India’s power landscape in a big way.
India is scouting for new liquefied natural gas contracts globally as part of a push to secure cheap supplies for its under-utilized gas-fired power plants.
Canada’s Brookfield Asset Management Inc. is in talks to buy the operational wind energy assets of Morgan Stanley Infrastructure Partners-controlled renewable energy platform Continuum Wind Energy, two people aware of the development said.
At the vast open-plan headquarters of Indian telecoms start-up Jio, billionaire oil tycoon Mukesh Ambani stands in short sleeves beneath a digital tracker that logs every new subscriber to his service. The 59-year-old is India’s richest man, and his Reliance Industries oil & gas group is the country’s most profitable.
The Cambay oil field, operated by Australia-based Oilex Ltd and Gujarat State Petroleum Corp. (GSPC), may be staring at a shutdown after the Gujarat state-run firm failed to meet investment commitments… Read more
Power utilities BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd, which cater to about 3.5 million residential, institutional and business consumers in the capital, are exploring ways to resolve a Rs.1,300 crore payment crisis with state-owned power producer NTPC Ltd by 16 May, to avert a major power supply disruption. Read More…