India is banking on the Chabahar Port that it is building in Iran to open new trade and business opportunities for its companies.
Can you think of a building that would generate, store and supply electricity? It sounds unbelievable, right. But that is the goal of Indian and British researchers working together on a solar project in India.
The MoU, signed on 30th May, 2017 at Spain, will help in strengthening bilateral cooperation between the two countries with the exchange of expertise and networking of information.
The Union Cabinet chaired by the Prime Minister Narendra Modi was apprised of the recent Memorandum of Understanding (MoU) signed between India and Spain on India-Spain Cooperation in renewable energy.
Union minister of Power, Coal and Mines Piyush Goyal on Thursday Informed The Parliament About SHAKTI – The Policy On Transparent Coal Allocations
coal imports has been declining over the last three years. During 2014-15 India imported 217.78 million tonnes of coal which declined to 203.95 million tonnes in 2015-16 and further to 190.95 million tonnes in 2016-17.
The trend of fall in import of coal continued unabated in 2017-18 and during April-June 2017-18, 52.74 million tonnes of coal was imported against 57.38 million tonnes in the corresponding previous period registering a 8.1% fall, Union Minister Piyush Goyal said citing figures of the Directorate General of Commercial Intelligence & Statistics.
As per DFS data, the total advances towards electricity generation sector reported by Scheduled Commercial Banks (SCBs) is about Rs. 4.71 lakh crore and most of them are standard assets.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Mr Piyush Goyal informed the Upper House of the Parliament (Rajya Sabha) that Government has reviewed the status of 34 stressed Thermal Power Projects, as per the list provided by Department of Financial Services (DFS), with an estimated debt of about
Rs. 1.77 lakh crore.
India will stay ahead of China in growth sweepstakes in 2017 as well as 2018, said the International Monetary Fund (IMF) while retaining the country’s GDP forecast at 7.2 per cent for the current fiscal.
With renewable power becoming more affordable, the government is set to auction wind power projects more frequently and is willing to abandon separate purchase obligation for different sources of clean energy for state utilities.
The Dhola-Sadiya Bridge, the country’s longest river bridge, inaugurated by Prime Minister Narendra Modi in Assam on Friday, will provide a big boost to the Indian Army as it protects the nation’s Northeast region against China.
Three Years of Modi Government, Attaining Freedom from Coal Shortages With Transparent Mineral Auctions
From the era of experiencing major coal shortages, India presently boasts of surplus coal as production of coal increased to 554 million tonnes in 2016-17 from 462 million tonnes in 2013-14.