State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway’s Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on […]
India’s biggest floating solar power plant with a capacity of 100 megawatt is expected to become operational in Telangana next month. The project has been set up by the energy conglomerate National Thermal Power Corporation (NTPC) in the reservoir […]
Even as the country pushes for its expansion of the renewable energy projects, coal is set to remain as the predominant fuel in India’s energy mix in foreseeable future. As per the 19th Electric Power Survey, out of the […]
Amid tensions with Saudi Arabia over oil production cuts, India has asked its state refiners to review contracts they enter into for buying crude oil from the Middle East nation and negotiate more favourable terms, […]
Russia’s integrated nuclear power player Rosatom on Tuesday said a batch of equipment for upcoming two atomic power plants in India from European suppliers has been loaded onto a ship. In a statement, Rosatom said the equipment manufactured by […]
Indian Oil Corporation (IOC) on Wednesday entered into a collaboration with Phinergy, an Israeli start-up company specialising in hybrid lithium-ion and aluminium-air/zinc-air battery systems, to form IOC Phinergy Private Limited. According to a press release, the […]
India will look for alternative sources of crude oil to ensure sustained supply of the fuel, Finance Minister Nirmala Sitharaman said. New supply chains won’t likely have an impact on crude prices though, she said […]
Top Indian government officials are debating whether to set a target for net-zero greenhouse gas emissions by 2050. Doing so would mean an overhaul of a coal-reliant energy sector, transport, heavy industry and even the nation’s sluggish […]
For decades, Western bankers, beholden to United Nations “sustainable development” goals, have held virtual veto power over African development and have impeded infrastructure construction in other cash-poor developing nations. No longer. To the consternation of central planners (and […]
Australia: India may be the last major climate change domino to fall into place as the government considers setting a target to reach net zero carbon emissions, in line with similar moves by other major polluters. India is examining […]
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