The Exim Bank today said it has signed an agreement for a 20-year €150 million loan from the European Investment Bank (EIB) to support projects that contribute to climate change mitigation.

The Geological Survey of India (GSI) has intensified exploration of rare earth minerals such as platinum, gold and tungsten, said A Sundaramoorthy, Director General of GSI, here on Wednesday.

Noting that there was a shortage of fertiliser minerals and geo-thermal energy sources, he said GSI was developing technologies to extract deep-seated metal deposits.

Jammu and Kashmir is seeking allocation of a coal block from the Union Ministry of Coal under government dispensation route for setting up of a Pit-Head Thermal Power Plant of 1000 MW capacity to meet the energy needs of the state.

Chief Minister Omar Abdullah, on whose directions the State Power Development Corporation (JKSPDC), has initiated action on the initiative, today received a detailed brief on the proposed project at the 68th meeting of the Board of Directors of the JKSPDC, which he chaired here.

Initial exploration and drilling to be funded by Development Bank of Ethiopia as part of World Bank collaboration

MUMBAI: Tata Power BSE -1.13 % is in early-stage talks with IDFCBSE -1.87 % Private Equity Fund-owned Green Infra Ltd to merge the renewable energy assets of both companies, a person with direct knowledge of the development said.

The transaction, if consummated, will create India's largest renewable power producer. IDFC PE has appointed investment banker Lazard to examine different options to raise capital, including a merger. "We cannot comment on this specific market speculation. Green Infra is a growing company with fund requirements. So, we are looking for equity infusion in the company," said IDFC Private Equity's managing director Satish Mandhana. Mandhana serves on the board of Green Infra and was instrumental in setting up the independent clean energy producer in 2008.

With the Sri Lankan economy growing steadilyalong with revived economic activities in post war era, the demand for energy has increased significantly.Presently, Sri Lanka is proud to be the only So

China announced Sunday that it aims at becoming a full member of International Renewable Energy Agency (IRENA) in 2013, a move which was widely welcomed.

The U.S. wind industry is powering up once again after Congress extended a critical tax credit that wind companies say will save tens of thousands of domestic jobs and allow more clean energy projects to ramp up this year.

About half of the sector's 75,000 jobs in the United States had been expected to disappear if the wind production tax credit had been allowed to expire at the end of last year, according to trade group the American Wind Energy Association.

The central government is looking at stepping in to support the wind power producers who has been waiting for long to recover bills from some of the power distribution companies, said Farooq Abdull