Recent research by analysis firm Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit $3.5 trillion by 2040. This will have to include investments in nuclear, hydel power, solar, wind & hydrogen, collectively referred to as zero-carbon energy between now and 2040.
There is no doubt that India is on a trajectory to become one of the largest economies in the world. But the country’s per capita energy consumption today is a third of the global average. Energy will play a critical role in supporting — or hindering — India’s economic growth.
The state government has announced a new five-year industrial policy on Friday. The new policy aims to boost business growth, also maintaining green cover at the same time. Promoting industries producing bio-ethanol from rice
Oil prices fell for a fourth day on Wednesday, extending losses after a surge in US inventories surprised investors, overshadowing an interest rate cut by the Federal Reserve. Brent crude futures were down 6 cents at $60.55 a barrel by 0033 GMT, having fallen by 1.6 per cent on Wednesday.
In a bid to reduce air pollution and improve public transport facilities in the state, Uttarakhand Transport Corporation (UTC) has announced to include electric and CNG buses in its fleet. The state plans to get 50 electric and 10 CNG buses by 2020.
Various government departments in Goa owe approximately Rs 145 crore to the state power department, which is reeling under financial crisis due to non-payment of total Rs 350 crore dues by consumers.
If Madhya Pradesh Electricity Regulatory Commission (MPERC) agrees to act on the petitions filed by discoms, then electricity will become more expensive in the state.
Reliance Anil Dhirubhai Ambani (ADAG) Group Chairman Anil Ambani on Monday said that Reliance Power is ideally positioned to deliver a strong operating and financial performance.
Indian Environment, Forest and Climate Change Minister Prakash Javadekar has said that industry has undertaken to go on the low-carbon path to fight climate change but availability of affordable technology poses a problem.
R K Chugh has been appointed as president of the Indian Electrical and Electronics Manufacturers’ Association (IEEMA), an ISO certified industry association, for 2019-20. Chugh took over the post during the IEEMA annual convention held earlier this week, it said in a press release.