India’s 150 poorest but mineral-rich districts could get a major facelift in the next one year, coinciding with the 2019 general elections, provided the state governments are able to spend over ~18,800 crore they have from mining companies under the district mining fund.
India’s state-owned power transmission behemoth and central transmission utility, Power Grid Corporation of India Ltd. (PGCIL), is bearing the brunt of the slowdown in power generation and now looking to expand in different business areas.
Madrid-based developer of large-scale solar power plants, Fotowatio Renewable Ventures (FRV), is in talks to sell its 100-MW power project in India in a deal worth Rs 500-600 crore, according to two people aware of the development.
After four days of pause Petrol prices were reduced today, while Diesel prices kept unchanged. Retail price for petrol in Delhi was 76.35 a litre, 8 paise down, according to rates available on Indian Oil’s website.
In a fortnight, the petrol prices have dipped by Rs 2.16 per litre. On Tuesday, petrol prices came down by 8 paise a litre. Diesel, on the other hand, remained unchanged for seventh day in a row.
The European Bank for Reconstruction and Development (EBRD) on Monday unveiled plans for a first-of-its-kind conference in India to welcome the country as its newest member.
The recent rally in global crude oil prices has led to India’s oil import bill swelling 49 per cent to $115 billion in May as compared to $76 billion recorded in the corresponding month a year ago. This has pushed the country’s merchandise trade deficit to $14.62 billion during the month.
Indefinite nationwide truck strike begins; 90 lakh trucks to be off roads in protest against soaring fuel prices
Truck owners and operators launched an indefinite nationwide strike on Monday against increasing diesel prices and a sharp hike of third-party insurance premium.
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.
Are Indians Ready for Development? Answer Lies in Bumpy Ride on Plunder-Plagued Eastern Peripheral Expressway
The 135 km-long Eastern Peripheral Expressway, after being inaugurated by Prime Minister Narendra Modi in UP’s Baghpat on 27 May, has fallen prey to a series of thefts amounting to Rs 4 crore.