Author Archives: Binu Mathew

China’s coal output hits highest in over three year as mines start up

China’s December coal output climbed 2.1 percent from the year before, government data showed, hitting the highest level in over three years as major miners ramped up production amid robust winter demand and after the country started up new mines. Miners produced 320.38 million tonnes of coal in December, according to data released on Monday

Oil falls as slowing China economy dents markets

Oil prices fell on Monday, in line with weaker stock markets after evidence that economic growth in China, the world’s second largest crude consumer, eased in 2018. Brent crude oil futures were last down 35 cents on the day at $62.35 a barrel by 0946 GMT, while U.S. crude futures were down 23 cents at

India prepares to impose anti-dumping duty on tempered solar glass imported from Malaysia

The Directorate General of Trade Remedies (DGTR) has issued its final findings for the anti-dumping duty investigation concerning the import of textured tempered coated and uncoated glass from Malaysia. The DGTR has recommended levy of anti-dumping duty of $114.58/metric ton for a period of five years. According to the directorate, “The domestic industry has suffered

Ceiling tariff of ₹3.50/kWh to apply for fossil fuel-based cogeneration projects in Maharashtra

The state of Maharashtra has specified an upper ceiling tariff of ₹3.50 (~$0.049)/kWh for competitive bidding to procure power from fossil fuel-based cogeneration projects in the state. Specifying the tariff in its latest order, the Maharashtra Electricity Regulatory Commission (MERC) stated that the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) will be the be the

Delhi Commission approves 100 MW of wind power sale agreements

The Delhi Electricity Regulatory Commission (DERC) has approved two power sale agreements (PSAs) between BSES Rajdhani Power Limited (BRPL) and PTC India Ltd for the procurement of 100 MW of wind power. This will help BRPL meet its non-solar renewable purchase obligation (RPO). BRPL had petitioned the Delhi commission seeking adoption of tariff for purchase

RBI’s new policy on ECBs could leave renewable energy projects stranded

The National Solar Energy Federation of India (NSEFI) has written a letter to the Prime Minister’s Office (PMO) regarding the new External Commercial Borrowings (ECB) policy framework implemented by the Reserve Bank of India (RBI), which is against the best interests of the domestic renewable industry according to the Federation. The federation has argued that

Germany plans to sanction Iran airline: report

Germany plans to ban Iranian airline Mahan Air from its airports, media reported Monday, in an escalation of sanctions adopted by the European Union against Iran over attacks on opponents in the bloc. “The Federal Aviation Office (LBA) will this week suspend the operating license of Iranian airline Mahan,” reported Munich-based daily Sueddeutsche Zeitung. A