The “Strategy paper on Coal Import Substitution” has been prepared as a report of the IMC (Inter-Ministerial Committee). The paper focusses on the present energy mix of the country, domestic coal production, trends and projections, import trends (sector-wise), coal import substitution measures already taken by the Government and most importantly, …
The United States imposed punitive tariffs on solar panel imports from China, the latest in a series of trade disputes between the world's two biggest economies and sparking accusations by Beijing of protectionism. The new tariffs of around 30 percent, much bigger than had been expected, were set on Thursday …
India and the United Arab Emirates on Friday discussed the prospects of closer energy ties including more import of oil, which could partly offset declining purchases from Iran, and investment in the downstream sector such as refineries. While visiting External Affairs Minister S.M. Krishna and his visiting UAE counterpart Sheikh …
Coal blocks given to private companies, estimated to be worth . 10.7 lakh crore in the national auditor’s draft report, were allocated impartially and in the interest of economic growth, the government said as it sought to limit the damage from a potentially adverse audit report. The draft report, leaked …
There is an insufficient understanding of the seriousness of India’s energy security problem and the impact this is having on the country’s development. This has led to various crises in the energy sector, which, in turn, have prompted ad hoc emergency responses that do not address the underlying fundamentals.
New Delhi: India will buy gas from Turkmenistan at a price indexed to fuel oil, a cheap byproduct of oil refining, instead of crude that makes imports costlier than domestic supplies. The Cabinet on Thursday approved the model agreement for buying the Turkman gas that would be wheeled across Afghanistan …
The United States on Thursday announced the imposition of antidumping tariffs of more than 31 percent on solar panels from China. The move by the Commerce Department is certain to infuriate Chinese officials already upset after recent bilateral frictions over China’s human rights policies and its increasingly confrontational approach toward …
‘DG Shipping guidelines for granting licence to LNG vessels should be kept in abeyance' Keeping in mind the continued shortfall in domestic gas production and the mounting demand for gas, an inter-Ministerial Committee has pitched for flexibility in transportation of LNG and keeping in abeyance the guidelines of Director-General (Shipping) …
In the aftermath of the recent visit of U.S. Secretary of State Hillary Clinton and an indication of rising U.S. pressure not to deal with Iran working, the Central Government, on Tuesday, admitted that it had cut the crude oil supplies from Iran by 11 per cent to 15.5 million …
The LPG import terminal project of IndianOil Petronas Pvt Ltd (IPPL) near Chennai that can help in speeding up cooking gas supplies to millions of households in the South, especially Tamil Nadu, is facing delay in its commissioning for want of a clearance from the Union Ministry of Environment. The …
India’s energy needs explained n India explained to the US delegation the long-term projections of its energy needs n The details included those pertaining to key suppliers of oil, natural gas and the possible external energy sources in Africa, North America and Southeast Asia n It was pointed out that …
A parliamentary panel has pulled up the coal ministry for cancelling allocations to power companies without trying to address the issues that led to delays in developing coal blocks. The ministry had been acting like a big brother, trying to intimidate power companies for reasons beyond their control, the panel …
The Supreme Court has stayed the Centre’s ambitious cheetah re-introduction project. The project initiated by the Union Ministry of Environment and Forests in 2010 aimed to bring the cheetah, which became extinct from India’s forests in 1952, back to the country.
Even as Budget 2012-13 threw in some positives for the power sector, there is still a lot that needs to be done to address the growing concerns of power producers, both with respect to their feedstock as well as downstream reforms in the power distribution and land acquisition sectors. S …
Liberalisation measures in the pharmaceutical sector have brought about major changes in the industrial licensing policy, import restrictions, foreign direct investment and production controls. It was feared that firms would shift from indigenous production to imports, especially of bulk drugs, and this concern was aggravated with the change in the …
Petronet LNG, India’s biggest liquefied natural gas (LNG) importer, on Wednesday signed an agreement to invest Rs 4,500 crore in building a five-million-tonne import terminal at Gangavaram Port on the Andhra coast. This will be the country’s fifth LNG terminal after Dahej, Dahbol, Hazira and Kochi. Gangavaram will be Petronet's …
Considering the growing need for imports due to constraints in the availability of domestic coal, the Central Electricity Authority (CEA), in an advisory, has told all power-generating companies, power project developers and power equipment manufacturers that boilers, including auxiliaries, should be designed for a 30:70 blend ratio, in which 30 …
Wind power producers Britain and Denmark are studying options to build a power cable between them to import and export renewable energy and increase market competition, the countries' grid operators said on Monday. Britain's National Grid and Denmark's Energinet.dk will publish an initial interconnector study by the end of this …
This report reviews and analyses the transformation in EU biofuels markets within this broader international context by focusing especially on three aspects and the linkages between them: land use change, trade and forest protection. The dynamics of international trade in biofuels has been evolving due to a variety of technical …
Amid depleting resources and rising global prices of soil nutrients, the fertiliser ministry has proposed a sovereign wealth fund (SWF) of $1 billion to acquire such assets abroad. “We have given a proposal to the finance ministry for creating a SWF of $1 billion for acquiring fertiliser mineral assets in …
Coking coal prices are set to rebound as early as July from four straight quarterly declines as China and India seek raw material overseas to fire new steel production in the world’s fastest-growing major economies. Contract prices that fell to $206 a tonne for the quarter ending June 30 may …
