The environment ministry has issued a wide range of directions for safeguarding the health of those who live near or work at a thermal power plant. Through an official notification on November 19, the ministry made it mandatory for all new thermal power plants
China’s Belt and Road Initiative (BRI) has ambitions to reshape the global economy by connecting more than 60 countries across Asia, Europe and Africa through trade and infrastructure projects.
The Narendra Modi government has decided to adopt a hands-off approach towards the transportation of coal from mines to non-government generating stations, in a move that is expected to hit private power companies like Reliance Power and the GVK Group.
State-run Indian refiner Hindustan Petroleum said it may resume buying Iranian oil if New Delhi secures a waiver from U.S. sanctions, its chairman M.K. Surana said on Thursday.
If Gujarat Govt’s Bailout of Power Plants Is Approved, Consumers and Lenders Will Pick up the Cheque
At a time when dozens of power plants are set to be dragged to bankruptcy courts for defaulting on loans, a high-level panel has recommended a bailout for the Gujarat-based stranded generating stations of Tata Power,
After crude oil and electronics, coal has emerged as the latest headache for Indian policy makers battling with unfavourable balance of payments, prompting the Reserve Bank of India (RBI) to flag its concern over the rising dry fuel import, perhaps for the first time.
Rising crude oil prices could become a concern for the Indian economy with the government expecting the oil import bill to rise by 20% in the current year to $105 billion, up from $88 billion in 2017-18.
The department of industrial policy and promotion (DIPP) has raised red flags over the tender process of the Indian Railways’ Rs 2,700 crore trainset project – which has resulted in a single bidder outcome – and has sought clarification from the state-run transport on alleged deviations from the Modi government’s public procurement policy.
Nearly 44 years after India nationalised its coal sector, the industry has been thrown open for participation by private players, in a move that would bring in competition for state-owned Coal India (CIL), which has till now enjoyed a monopoly over the business.
There is a big question mark over the impact of rural electrification programmes as many households in ‘electrified’ villages continue to live without power.