The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Ministry proposed a system of revenue sharing where the govt gets paid a part of the sales proceeds the moment production starts Vijay Kelkar, chairman of the expert panel on energy security, has stuck to his position that the existing regime for oil and gas contracts that governs oil and …
Govt notification on $8.4 a unit price likely by month-end The price of domestic natural gas is set to double to around $8.4 a unit from April 1, with the government coming out with a notification on this by the end of this month. This is in spite of political …
Diesel prices will certainly rise every month and stranded gas-fired power plants seeking relief may have to wait until the new government is sworn in by the end of May, but the code of conduct will not usher in another policy paralysis for environment clearances, foreign investment approvals and regulatory …
Oil imports will rise by 169% and account for over 60% of the net increase in imports, says the energy outlook report issued by BP The growth in energy demand in India will be highest among all the countries by 2030-35 beating even China, said the 2014 energy outlook report …
The state explorer's new chairman, D K Sarraf, says some gas might not be viable at even $8 an mBtu The government is under attack for allowing an increase in domestic gas prices from April 1 but state-run Oil and Natural Gas Corporation said on Tuesday production from its Krishna-Godavari …
Like Tata and Adani, seek higher rates for coal, wind & solar electricity The sun is not shining as brightly as we thought; the wind is not blowing as fast as it was supposed to; and coal is more costly than we imagined. So raise our tariffs just as you …
The Government of Bangladesh has committed to ensuring access to affordable and reliable electricity for all citizens by 2021. At present, however, only about half of the population has access to electricity, while supply is hardly reliable for those with access. To improve the situation, the government has adopted a …
The weekly digest of important reports, research, policy documents, regulations, studies, court cases, protests,conflicts, initiatives, photos, data, statistics, infographics, presentations on the India Environment Portal, 22 - 28 February 2014.
In what seems to be curtains for the much-appreciated green initiative of KSRTC, the State-run corporation is no longer able to run its buses on biofuel, thanks to the Ministry of Petroleum changing its policy on the price of bulk fuel being provided at subsidised rates to state transport undertakings …
Growth in Indian solar installations, which are forecast to be approximately 1,000 MW in 2014, has slowed down, according to Mercom Capital Group, llc, a global clean energy consulting firm. Solar installations in India totalled 1,004 MW in 2013 compared to 986 MW in 2012. There was very little growth …
The All India Anna Dravida Munnnetra Kazhagam (AIADMK) made clear its ambition for a larger role in national politics by declaring that it would provide a strong, bold and determined leadership in the country. The party’s election manifesto made several national-level promises and appealed to the people to vote for …
Order of the High Court of Uttar Pradesh on damage to Taj Mahal by polluting industries particularly glass, 26/02/2014 in the matter of Northern India Glass Manufacturers Association Vs. Union of India & Ors.
Says Discoms May Dump Projects As Higher Rates Will Increase Tariff Up To 7.5/Unit New Delhi:The central power monitor has sounded alarm over the adverse impact of higher domestic gas price on power projects and pointed out gaps in the oil ministry’s gas pricing policy that could burn a bigger …
With Lok Sabha elections barely two months away, Planning Commission deputy chairman Montek Singh Ahluwalia has suggested hiking the overall tariff of gas-based power by 50-85 paise per unit to help production of 28 GW of electricity, which the consumers should treat as an “opportunity cost.” Ahluwalia believes that allowing …
The Delhi high court on Tuesday said that the pricing issue of CNG and PNG (piped natural gas) pertained to policy matters and courts cannot look into it. “Please keep the courts away from the decisions pertaining to policy matters. Pricing of CNG and PNG will have to be decided …
Statement of the Minister of State in the Ministry of Petroleum and Natural Gas Smt. Panabaaka Lakshmi in response to Rajya Sabha unstarred Question No. 2618 for 18th February, 2014, asked by Shri Ajay Sancheti regarding distortions in pricing of petroleum products. The minister stated in Rajya Sabha that "in …
Order of the National Green Tribunal in the matter of Kishore Kodwani & Ors. V/s District Collector, Indore & Ors dated 18/02/2014 regarding providing BS-IV standard vehicles for public transport in the city of Indore and also making available CNG fuel in the city of Indore. The Counsel appearing for …
Coming down heavily against Delhi chief minister Arvind Kejriwal for ordering an “unconstitutional” FIR against him and others for raising gas prices, Oil minister M Veerappa Moily on Friday said the government will not go back on its decision to hike rates from April 1. “Where is the question of …
Ministry accepts in principle RIL formula to calculate bank guarantees, talks to be held today Unfazed by Delhi Chief Minister Arvind Kejriwal’s move to register a corruption case against Oil Minister Veerappa Moily and Reliance Industries Chairman Mukesh Ambani for their alleged collusion in doubling the price of natural gas, …
The federal auditor in 2011 accused RIL of violating the terms of contract for the KG-D6 block off the AP coast but did not talk about loss to exchequer or impact on gas price. The CAG report on a special audit of RIL books for 2006-2008, when most major equipment …
