Subsidies to renewable energy fell by 45 per cent from the financial year 2016-17 (FY17) peak of Rs 15,470 crore to Rs 8,577 crore in FY20, according to a recent report. It added that new funding for […]
India can’t prioritise eliminating greenhouse gas emissions without sufficient financing from richer nations to help offset the high cost of transitioning to clean energy, according to a senior government official. In laying out its position […]
“The activities involved in the cooperation are aimed at diversifying the source of coking coal,” the Indian government said but did not provide further specifics on the nature of the cooperation. India’s coking coal imports […]
New Delhi: Alfanar, a Saudi Arabia-based manufacturer and trader of power equipment, on Thursday said it has acquired wind turbine manufacturer Senvion India from Senvion GmbH. With this 100 per cent acquisition, the Saudi firm has entered into India’s energy […]
There may be no respite for fuel consumers in the country facing high prices of petrol and diesel for the past couple of months as global oil scenario is expected to remain firm with oil […]
India’s electricity demand is projected to grow at 9.9% yearly towards 2025 driven by its sheer size and economic growth. The demand dipped temporarily in 2020 due to Covid-19 induced lockdowns, but it not only […]
US crude exports fell by 16pc in May, with India the top buyer followed closely by China. Total domestic crude exports averaged 2.71mn b/d in May, down from 3.24mn b/d in April, according to trade […]
Regulatory constraints are posing headwinds for open access-based renewable energy (RE) projects, said ICRA on Thursday. Independent power producers (IPPs) in the renewable energy sector selling electricity in the open access route (third-party or group captive mode) are faced […]
CHENNAI: Reliance Industries, operator of the world’s biggest refining complex at Jamnagar in western India, will invest $10.1 billion in clean energy over three years in a drive to become a net carbon zero company by 2035. Reliance’s […]
Iran, currently negotiating with global powers for its return to the mainstream global economic scene, could offer India access to its port of Jask as a base for strategic oil reserves and a standalone gas pipeline to […]
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