The Cabinet is likely to consider this month sale of government’s 51 per cent stake in Hindustan Petroleum Corp Ltd (HPCL) to Oil and Natural Gas Corp (ONGC) for over Rs 26,000 crore.
The BRICS’ New Development Bank has 23 new projects amounting to $six billion in the pipeline for financing, including six ventures in India valued at $1.8 billion, the bank’s President K V Kamath said on Thursday.
India’s ambitious aim to install 160 GW of renewable energy by 2022 will have a positive impact on the country’s jobs market, a new study has predicted.
India downplayed reports that Bhutan’s rejection of the Bangladesh-Bhutan-India-Nepal (BBIN) Motor Vehicles Agreement (BBIN MVA) was a setback to India’s ambitious proposal.
The cost of solar power has touched a new low—tariff reached Rs 3.15 per unit on April 11, surpassing the earlier lowest of Rs 3.30 per unit achieved in Rewa Solar Park (RSP) in February 2017
Non-fossil fuels — renewables, nuclear and large hydroelectric power plants — will account for more than half (56.5 per cent) of India’s installed power capacity by 2027, according to a draft of the third National Electricity Plan (NEP3).
State-owned Oil and Natural Gas Corp expects to scale peak output of about 5 million standard cubic meters per day from its Vashishta gas field in KG basin by July this year.