Tag Archives: India

The U.S. and its European allies have approached several major natural-gas importers in Asia, including China, about sending their fuel to Europe if a conflict over Ukraine erupts, according to people familiar with the matter. President Joe Biden’s administration has spoken to officials in Japan, South Korea and India as …

Indian state refiner Hindustan Petroleum Corp (HPCL.NS) will lift 45% more oil from Iraq this year to meet its expanded refining capacity, sources familiar with the matter said. The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd …

In line with India’s commitment at the COP26 summit in Glasgow last year, the country aims to reach net-zero by 2070. Furthermore, India seeks to meet 50% of its energy needs by 2030 through renewable sources and expand non-fossil fuel power generation capacity to 500 GW in this decade. In …

A surge in renewable energy in India is set to massively increase spot power trading, according to the country’s largest electricity bourse. Buyers will increasingly turn away from traditional long-term contracts in favor of cheaper renewable energy, said Rohit Bajaj, head of business development at Indian Energy Exchange Ltd. More …

As part of its pledges during the COP26 climate summit last month, India—where coal currently accounts for around 70% of electricity generation—committed to net-zero emissions by 2070, and 500 gigawatts (GW) of installed renewable energy capacity by 2030. In late October, an expert committee appointed by the power ministry submitted …

Turkmenistan and India discussed the construction of a transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI), Trend reports citing the Foreign Affairs Ministry of Turkmenistan. Subrahmanyam Jaishankar, Foreign Minister of India, and Rashid Meredov, Foreign Minister of Turkmenistan, met in New Delhi on December 19 to discuss joint actions to implement the TAPI …

India’s leading renewable energy developer, ReNew Energy Global PLC, has reportedly planned to switch its strategy, from growth based on China’s raw material supply to seek independent development, which has been viewed as India’s move to “counter China” in the sector. Until recently, ReNew Energy and other Indian renewable energy …

The International Energy Agency has called on China and India to reduce coal power generation and put their climate pledges into action, describing both countries as “holding the key to future coal demand”. The world’s two largest coal producers – with economies that account for nearly three billion people combined …

Saudi Aramco said it will continue to look for investment opportunities in India as it provides tremendous growth opportunities over the long term, Bloomberg reported. “We will continue to evaluate new and existing business opportunities with our potential partners,” the giant oil company said, adding that it has a long-term …

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 …