Oil prices on Monday after a weekend attack on a Saudi oil facility by Yemen’s Houthi forces and as traders looked for signs that top economies would take measures to counteract a global slowdown.
India’s solar power sector is seeing two parallel capacity addition movements, the pace of which are neither connected nor bring in any predictability to the government’s renewable energy target.
India’s coal-fired thermal power plants will need as much as Rs 86,135 crore to install the pollution control technology that will ensure that the country’s emission standards are met with, a joint study by the International Institute for Sustainable Development and the Council on Energy, Environment and Water has found.
PTC India on August 19 said that it has signed an agreement with Bhutan’s Druk Green Power Corporation for buying surplus power from the 720 MW Mangdechhu hydro-power plant in Bhutan for the next 35 years.
The government aims to have 25% electric vehicles (EVs) on Indian roads by 2030. In order to achieve this goal, the government is trying to augment the EV charging infrastructure, which is almost nil now, by announcing various measures.
Russia’s Rosatom state atomic energy corporation has delivered the main equipment for the third unit of the Kudankulam nuclear plant in Tamil Nadu. The shipment consisted of the core melt localisation device or ‘core catcher’, a passive safety system designed to cool the molten core material in case of an accident.
Indian oil companies are keen to invest in Khaleej Al Bahrain basin, T.S. Tirumurti, who deals with economic relations at India’s foreign ministry, said on Monday.
India is the world’s largest emitter of anthropogenic sulphur dioxide, which is produced from coal burning, and greatly contributes to air pollution, a study claimed on Monday.
Crude oil prices rose by Rs 63 to Rs 3,959 per barrel in futures market on Monday as speculators created fresh positions, taking positive cues from physical spot market.
Indian Oil Corporation Limited (IOCL) will invest Rs 1,00,300 crore in expanding its Paradip refinery capacity from 15 million tonnes per annum (mtpa) to 25 mtpa and setting up a naphtha cracker unit.