Tag Archives: India

India proposes to build a portion of its strategic oil reserve in the US to take advantage of current low prices and quickly scale up its storage. The move will allow the country to quickly enhance the strategic oil reserve to meet 100 days of oil requirements from present capacity …

The first project to be built is the 38MW Balenahalli development, which will generate clean electricity to power more than 145,000 people.

Europe generated almost 18% of its electricity by wind and solar last year, while China, India and the US were all above the global average of 8%, according to a new report.

The government seeks to reduce import dependency in a bid to boost domestic manufacturing and job opportunities.

India, the third-biggest oil consumer, expects fuel demand to return to normal earlier than projections by the International Energy Agency and OPEC. “If you look at the trend of the past few weeks, I’m confident that by the end of second quarter, demand will be as usual,” India’s Oil Minister …

The newly announced agreement will see Adani Green Energy Limited develop 8 gigawatts of solar power.

India’s UCO Bank is exploring the avenues to keep the rupee payment mechanism with Iran alive, amid the challenges made by the US’ unilateral sanctions. According to A K Goel, MD and CEO of UCO Bank, with India no longer importing oil from Iran, the lender is in talks with …

The ancient temple and the nearby town will be powered by solar energy through a 10MW grid-connected solar PV project.

India’s massive solar power park scheme holds immense investment potential, a recent study has found. According to the thinktank Institute for Energy Economics and Financial Analysis (IEEFA), India could attract investment worth $500-700 billion in its solar power park scheme. The investment is likely to come not only in power …

The Global Wind Energy Council and MEC Intelligence say the Indian wind industry will fall short of its target by as much as 10GW.