The state government on Monday signed documents to give guarantee for procurement of solar power from Rewa Ultra Mega Solar project for the state discoms.
India’s powercompanies have a problem largely responsible for $10 billion a year in losses. Slum dwellers steal electricity and refuse to pay their bills.
Before Prime Minister Narendra Modi spoke at a BJP meeting in New Delhi on Monday evening, expectations were he’d announce measures to haul India’s sickly economy back on its feet.
India and Pakistan are holding high-level talks on technical issues of the Indus Waters Treaty in Washington, a senior World Bank official has said.
The Indian power sector had reached the absolute dead-end by the 1980s. The total losses of the SEBs without subsidy had crossed Rs. 3000 crore.
Yellow trains with powerful lights may avert accidents, the World Bank has told the Indian Railways.
Falling renewable energy tariffs in India have prompted some state governments to tell generators that they can’t buy the energy at prices agreed upon, exposing the businesses to risks due to poor enforcement of contracts in Asia’s third-largest economy.
This willingness comes amid the country’s dire need for foreign investments in energy production from domestic resources.
A constructive engagement between Pakistan and India during a latest round of water talks held here has raised hopes for an amicable resolution of the dispute, according to a top international expert.
Under the Indus Waters Treaty, India is permitted to construct hydroelectric power facilities on tributaries of the Jhelum and Chenab rivers with certain restrictions, the World Bank has said.