The world’s fastest-growing oil consumer is guzzling down Iranian crude before U.S. sanctions start squeezing supplies from the Persian Gulf nation.
The power sector is unlikely to get any relief in the near future from its outstanding debt of Rs 1.8 lakh crore, as the Reserve Bank of India (RBI) has refused the Finance Ministry’s request to give forbearance to the sector.
Amid Plans To Ramp Up Target From 175 GW To 227 GW: Transmission Wrangles Threaten To Hold Up Green Energy Push
The country’s flagship renewable energy programme is headed for rough weather on account of procedural wrangles among government agencies, including transmission utility Power Grid Corporation of India Ltd (PGCIL) and planning body Central Electricity Authority (CEA).
Fourth Partner Energy, a distributed solar solutions provider, on Friday announced a $70 million investment from The Rise Fund, a global impact investment fund managed by TPG Growth.
Chennai has the potential to harness solar energy enough to reduce the demand by at least 20 per cent says a report by Greenpeace India and Gujarat Energy Research and Management Institute (GERMI).
India will need to invest around Rs 10 trillion to meet the steel production target of 300 million tonne by 2030, Steel Minister Chaudhary Birender Singh said on Saturday.
Better coordination between the Ministries of Coal and Railways in the last few weeks has led to increased coal production, which, in turn, has resulted in better availability of coal at thermal power plants across the country.
Karaikal Port Private Ltd has expedited work on mechanisation of coal-handling through a fully-automated conveyor belt at the cost of Rs 600 crore and it would be completed within two months, a top port official said.
The overall electricity demand from electric vehicles (EVs) in India is projected to be around 79.9 gigawatt hours(GWh) by 2020 and is expected to reach 69.6 terawatt hours (TWh) by 2030, noted a recent ASSOCHAM-EY joint study.
Nava Bharat Energy India Ltd, a wholly-owned subsidiary of Nava Bharat Ventures Ltd, has scheduled a capital overhaul for the turbine and boiler of its 150MW power plant at Paloncha in Telangana.