The Union ministry of power made a startling claim that coal import was not necessary owing to improved generation and availability, thus exposing the Mahagenco which was importing costly coal.
The International Solar Alliance (IAS), which became a treaty-based global entity on Wednesday, will develop an insurance scheme – Common Risk Mitigating Mechanism – to protect investors’ interests so that more and more investment can be attracted to the growing solar energy sector.
Over 300 out of around 500 units of coal-based power plants are not adhering to the emission norms notified by the Union Environment Ministry in December 2015, a report said here on Thursday, when the deadline set by the ministry two years back expired.
Siemens AG, the German $80 billion conglomerate, today announced its plans to start manufacturing Solar Photo-Voltaic (PV) inverters in India which will initially cater to the domestic market and later supplied for exports.
Reliance Infrastructure Ltd (RInfra) today announced it has bagged two contracts worth Rs 5,000 crore for a gas-based power plant and an Liquefied Natural Gas (LNG) terminal after international competitive bidding in Bangladesh.
India on Wednesday invited Norwegian collaboration in transforming India’s logistics sector and help develop the massive infrastructure to green the Indian transportation system.
GAIL (India) Ltd, the country’s largest gas transmission utility, is planning to host Oil & Gas Health and Safety Executive (HSE) conclave at Noida in Uttar Pradesh this month.
Indian oil refiners are drawing up plans to use petroleum coke for power generation and to produce syngas after the government banned use of the heavily polluting fuel in and around New Delhi.
A mechanism for reducing the risks associated with financing of solar powerprojects and make them viable under the aegis of the International Solar Alliance(ISA) is set to be rolled out in a year, the Ministry of New and Renewable Energy (MNRE) said today.
State-owned oil refiner Indian Oil Corporation(IOC) has said that the impact of the goods and services tax (GST) would be nearly Rs 4,200 crore as it would not be able to claim input tax credit (ITC) for automotive fuels that fall outside GST.