Energy Economy

The first two months of the year saw a 7.8% decline in power demand as a result of industrial and commercial stagnation.

NTPC employees have contributed ₹7.5 crores through foregoing a month’s salary.

Spokesman of the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi, on Tuesday, announced Sarisu trans-boundary market as new gateway for imports of goods from Turkey to Iran.

Iranian Vice President for Economic Affairs Mohammad Nahavandian said that no country including the United States has the right to veto Iran’s request of loan from the International Monetary Fund (IMF).

Some 401,500 tons of commodities worth over $115 million were exported from the northeastern Iranian province of North Khorasan in the last fiscal (ended March 19), according to a senior official.

The EU-backed facilities could potentially power more than 500,000 zero emission EVs per year.

France has expressed the EU's willingness to continue humanitarian cooperation with Iran in the battle against the coronavirus pandemic, according to Elysee Palace.

Some 750,787 tons of goods were exported from the northern Iranian province of Mazandaran to the Eurasian countries during the past fiscal year (ended on March 19), registering a 76% growth compared with the previous year. According to Ali Yusefi, head of Nowshahr customs office, dairy products, plastics, cement, and minerals, worth $32.92 million, constituted the lion’s share of the exports from the green province in the past year. The official noted that over 2 million tons of different products worth 685.776 million were imported from the Eurasian countries to the province during the same period. The imports observed an increase of 97% and 17% in terms of volume and value, respectively, he added. In September 2017, Iran lifted the customs tariffs on certain agricultural products that are exported to Eurasian countries to encourage exports to countries such as Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. Mazandaran is responsible for the production of 40% of Iran’s rice, 50% of citrus fruits as well as 10% of poultry meat, part of which are offered in the international markets.

Punjab Minister for Energy Dr Akhtar Malik has said countries around the world could face food scarcity due to the coronavirus pandemic. He expressed these views while chairing a meeting to review wheat procurement in Circuit House on Monday. The meeting was attended by Provincial Parliamentary Secretary for Information Nadeem …

The DoE seeks to support research and development and testing infrastructure in ocean sciences and marine energy.