India will soon bar Chinese power companies from projects in the power sector on security concerns after a policy that will define new conditions for foreign firms eyeing the multibillion-dollar market in one of the fastest growing major economies in the world.
India ranked 26th in ‘getting electricity’ to do business and not universal electricity for its population, as widely understood following Power Minister Piyush Goyal’s comments on World Bank’s assessment of the country’s electrification efforts, a BOOM fact check revealed.
The Union Cabinet on Wednesday approved setting up of 10 new indigenous nuclear power reactors of 700 MW capacity each, including two at Kaiga in Karnataka.
Power Minister Piyush Goyal today endorsed the idea of providing electricity connection to consumers other than property owners like tenants and said it does not create any right over ownership.
Baba Ramdev and his associate Acharya Balkrishna of consumer goods company Patanjali are working on a unique form of renewable energy: Bull power. The experiment is the brainchild of Balkrishna, managing director and primary stakeholder of Patanjali, and involves a leading Indian multinational automobile manufacturer and a Turkish partner. A prototype has been designed and […]
Hydropower projects have been generating more electricity due to rising water levels in the rivers. They are currently producing 600 MW, up 35 MW from a month ago, the Nepal Electricity Authority (NEA) said.
India moved up to the 26th spot in the global electricity accessibility rankings of the World Bank’s Ease of Doing Business index.
India’s solar tariffs have fallen 40 per cent in just 16 months, an unprecedented rate way beyond any market forecasts, and its energy transformation will have a ripple effect, as is already seen in the UAE, South Africa, Australia and other countries.
Operational performance of state power distribution companies has improved with a decline in commercial losses of electricity and marginally better coverage of costs in fiscal 2016, a report by the Power Finance Corp (PFC) said.
Union minister for power, new and renewable energy, coal and mines, Piyush Goyal on Wednesday sought support of all states and Union territories (UT) in realising the dream of Prime Minister Narendra Modi to electrify each house and village to meet the requirements of farmers and the poor.