India”s own semi-high speed train Vande Bharat or Train 18 is highly energy efficient and also weighs less contrary to some reports, said sources in the Indian Railways.
From its beginnings in 1938 when it first struck oil with the aptly named “Prosperity Well”, Saudi Arabia”s energy giant Aramco has delivered unimaginable riches to the kingdom.
India is going to add 67 gigawatts (GW) of solar energy capacity in next three years and the country is witnessing a sharp fall in its prices due to the enhanced production, Union Minister of Environment, Forest and Climate Change Prakash Javadekar said on Tuesday.
Russian energy major Gazprom is set to initiate feasibility study in the first quarter of 2020 for laying an undersea pipeline, beginning from the Persian Gulf and extending to Pakistan, India and Bangladesh, and ultimately ending in China, after touching Myanmar and Thailand.
Singapore-based Sembcorp Industries on Friday said it has signed a pact to buy out its local partner Gayatri Energy Ventures Pte Ltd”s stake in the Indian arm Sembcrop Energy India Ltd (SEIL) for Rs 406 crore. The firm had first announced the deal to buy 5.95 per cent stake held by Gayatri Energy on December 4.
Faced with a demand slowdown and increasing financial stress of the distribution companies, the Centre is considering a new loan window for states to help settle their rising dues to the power generation companies.
Shares of oil and gas companies fell on Friday amid reports that OPEC and other major producers will announce fresh output cuts. Oil and Natural Gas Corporation”s shares drop 1.39 per cent to Rs 127.35 per unit on the BSE.
Rajasthan, Tamil Nadu and Karnataka could follow in the footsteps of Gujarat and Chhattisgarh to declare a ”no new coal” policy, a new analysis said on Thursday. This implies these states will not need any new coal power plants in the future
Russia”s Rosatom State Atomic Energy Corporation fuel has said that it has completed the supply of 50 tons of uranium fuel pellets for India”s boiling water reactors (BWR).
The fundamental purpose of a vigilance probe in connection with sourcing of items for the Vande Bharat Express/Train 18 is to sabotage India”s own semi-high speed train which itself needs to be probed, a senior Indian Railways official has said.