Spearheaded by the governments of India and the UK, the first transnational network of solar power grids known as the Green Grids Initiative – One Sun One World One Grid (GGI-OSOWOG) has been launched. At the COP26 climate conference in Glasgow, the International Solar Alliance (ISA), India Presidency of the …
Read More »China Calls for Stronger Climate Actions despite not Attending the COP26
Two countries, two neighbors, two of the most populated countries in the world — China and India talked of their individual approaches to climate change at the COP26 summit in Glasgow, Scotland. The event was delayed by a year because of the COVID-19 pandemic. It comes six years after the …
Read More »India Open to Crude Term Deal with OPEC +
India is open to the idea of a term deal with OPEC + to ensure price stability in crude supplies, Oil Secretary Tarun Kapoor said Oct 20 at the India Energy Forum by CERAWeek, erasing volatile price swings detrimental to the economic growth of Asia third-largest economy. He said such …
Read More »UAE Seeks $100 Billion India Trade as It Deepens Ties
The United Arab Emirates is seeking to more than double non-oil trade with India to as much as $100 billion over five years as part of efforts to deepen ties with fast-growing economies beyond the Middle East. The two governments have started talks on an economic pact aimed at boosting …
Read More »India Seeks to Move Coal to Areas of Shortage as Power Demand Rises
India’s power minister on Saturday asked officials to consider diverting coal to power plants with extremely depleted stocks as shortages at some plants push several utilities to the verge of running out of fuel. Power minister R.K. Singh asked officials to “streamline the stock and supply of coal”, including a …
Read More »India Set to Deploy more than 4.5GW of Solar in Second Half of 2021
India is on track to install an additional 4,580MW of solar capacity in the second half of 2021 after seeing deployment marginally increase in Q2, according to Bridge to India. Despite fears of a third wave of the coronavirus pandemic, the research and consultancy firm estimates that India will add …
Read More »India Aims to End Energy Imports, Boost Infrastructure Spending
India aims to wind down energy imports in the next 25 years and invest 100 trillion rupees ($1.35 trillion) in infrastructure to boost economic growth, Prime Minister Narendra Modi said Sunday, laying out national priorities on the country’s 75th Independence Day. “For India to be self-reliant it is imperative that …
Read More »Iraq is India’s Biggest Oil Supplier in July
Iraq topped the list of India’s oil suppliers in July, data by Vortexa, an oil and gas analytic platform, revealed. The Vortexa data show that 64pc of India’s July crude imports, or 2.1mn b/d, came from the Middle East, compared with 2.3mn b/d in the previous month. Of the 2.1mn …
Read More »India in Talks with Russia over Investments in Russian Oil and Gas Assets
India is negotiating investments of between two and three billion dollars in Russian oil and gas exploration and production projects with the Russian government, the Business Standard newspaper reports, citing unnamed officials. According to the paper, the Russian government has offered several oil and gas fields to India’s natural resources …
Read More »India Wants Rich Countries to Pay More for Green Energy Shift
India can’t prioritize 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 ahead of key global climate talks later this year, the top bureaucrat in India’s environment …
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