Even as a parliamentary panel, and to some extent, the finance ministry have pressured the Reserve Bank of India (RBI) to relax its February 12 circular mandating one-day default trigger for resolution of stressed assets exclusively for power projects, the central bank has shot back and virtually blamed the government for the current crisis in…
An embarrassed finance ministry on Monday suspended the implementation of a safeguard duty on imported solar cells as the Orissa High Court last week reiterated via an interim order an earlier direction in this regard, which the ministry apparently did not heed.
The committee of creditors (CoC) of Bhushan Power and Steel are scheduled to meet on Tuesday to select the most preferred bidder for the bankrupt company as the deadline for submitting revised quotes ended on Monday midnight.
The Supreme Court allowing the Central Electricity Regulatory Commission (CERC) to revise power tariffs for imported-coal based power plants in Mundra is seen to improve the outlook on Tata Power and Adani Power.
Prime Minister Narendra Modi-led government’s initiative to bring light to every village in the country is one of the greatest success stories in the world this year, the global energy watchdog International Energy Agency (IEA) said in its latest assessment in the World Energy Outlook 2018. Providing electricity was an important milestone in order to…
Despite a slowing of the pace at which solar power projects are being built owing to tariffs plunging to levels unviable for the developers, the country has crossed a milestone on the renewable energy front. Renewable-power units (solar and wind) have over the last few years been raising their share in India’s electricity output; in…
India will overtake the U.S. to become the world’s second-biggest emitter of carbon dioxide from the power sector before 2030 as the nation’s electricity demand skyrockets, the International Energy Agency said in its latest World Energy Outlook.
When the National Solar Mission was launched in 2010, the target of 20,000MW of solar power by 2022 appeared too ambitious, as the country had only 160MW of solar power then.
Three years into the breakthrough the UN achieved in 2015 by adopting 17 Sustainable Development Goals (SDG), scientists have begun to find meaning and correlation of these goals with the 7 billion habitats of the planet.
The Solar Energy Corporation of India (SECI) has raised the ceiling tariff for auctions for the 10 gigawatt (GW) manufacturing-linked solar scheme to Rs 2.85/unit from Rs 2.75/unit set earlier.