US-based sunshine solar tracker maker NEXTracker today said it will set up a manufacturing plant in India in next six months to push tracker-based solar power generation in the country.
Nepal will now be able to export power to Bangladesh via India as the southern neighbour has agreed to allow the use of its territory for electricity trade.
Pakistan’s two parliamentary committees in a joint resolution asked India to immediately suspend the ongoing construction of the Kishanganga and Ratle hydro power projects in Jammu and Kashmir, Dawn reported.
Japan and India are finally moving to fructify their partnership for development of the Chabahar port in Iran with Tokyo committing investment to help improve Afghanistan’s access to the port.
Kalpataru Power Transmission has bagged four orders for power transmission-related projects worth 1,295 crore. In a disclosure to stock exchanges, the company said the first order pertains to establishment of a transmission system for transfer of power to Bhutan from India.
India may be a bright spot for global solar markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices.
India is set to play a bigger role in shaping the energy policies of the Middle East due to its growing hunger for oil. Saudi energy minister Khalid al-Falih,
India’s oil and gas sector has attracted foreign direct investments worth $ 1.18 billion in the past two financial years between April 2014 and March 2016, the government said in its “achievement report” for the petroleum sector.
a majority of the bigger investments have come from Mauritius, Malaysia, Philippines, Singapore, Japan, Germany, Spain, US and Seychelles. Under automatic route for projects of renewable power generation and distribution, 100 per cent FDI is allowed subject to provisions of the Electricity Act, 2003.
India witnessed a total of $1.77 billion equity investment in the form of foreign direct investment (FDI) in the non-conventional energy sector between April 2014 and September 2016, the Modi government said in an “Achievement Report” of its flagship Make in India initiative.
arlier in November 2016, India signed an agreement with the organisation in this regard. The agreement was signed by Chairman of Atomic Energy Commission Sekhar Basu and CERN