Azure Power (NYSE: AZRE), a leading solar independent power producer in India, announced that it has won a cumulative capacity of 130 MWs at a blended tariff of INR 3.35 (~US 5.2 cents) per kWh, bringing the Company’s total portfolio to over 1,720 MWs.
Just a few days after Delhi was declared a ‘gas chamber’ choking its own citizens, now the western city of Lucknow is going through its worst phase of consistent bad air quality.
An October report from BlackRock (BLK)—the world’s largest publicly traded investment management firm—wisely states, “markets are calm but geopolitics are anything but.”
Global oil demand could peak as early as 2024 if there are more efficiency gains in vehicles, greater market penetration by electric cars, lower economic growth and higher fuel prices, Goldman Sachs said in a research note on refining on Monday.
In order to give a push to greener homes, the government is considering launching a scheme that would offer cheaper loans and lower registration fee for people who opt for greener residential units.
Some of India’s biggest solar equipment makers are facing financial collapse, priced out by Chinese competitors as Prime Minister Narendra Modi’s government prioritises cheap power over local manufacturing despite his ‘Make in India’ push.
It might soon get easier for Indian startups to get access to investors from Germany, thanks to an agreement that both the Indian and German governments are planning to sign for a startup exchange programme.
India’s cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts (MW)
India’s power distribution and generation system, which is being digitised by the government, is set to see a countrywide cyber security audit so that hacking in state grids and plants can be prevented.
In most of the advanced markets globally, petrol and diesel prices are revised on a daily basis. India too is following the path, implementing the procedure of daily changes in fuel prices in select towns, in sync with international rates