Imports

Strategy paper on coal import substitution: Inter-ministerial committee report

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, …

Drug-resistant malaria import under scrutiny

New Delhi: India is stepping up surveillance against importing drug-resistant malaria. The National Institute of Malaria Research (NIMR) has joined the global Tracking Resistance to Artemisinin (TRAC) study, being spearheaded by the University of Oxford, which will look at parasite clearance time, parasite reduction ratio and the time to achieve …

Punjab bans pesticide causing cancer

Move comes after NHRC intervention Following directions of the National Human Rights Commission (NHRC), the Punjab Government has banned the manufacture, import and use of carcinogenic pesticides, which according to reports, caused cancer among the small farmers in the Malwa region that consists of Southern districts — Bathinda, Faridkot, Moga, …

China okays Indian basmati import

China has finally permitted the import of Indian basmati into its markets in a move that is expected to marginally reduce the yawning bilateral trade imbalance in China’s favour. Officials said a notification in this regard was issued by the Chinese authorities to traders earlier this week. In recent months, …

CIL Customers may Bear the Brunt of Expensive Coal Imports

State-run coal company has inserted clause in FSA saying customers will have to accept price changes Coal India has inserted a new clause in Fuel Supply Agreements (FSAs) which says that if the state-run firm needs to import coal to meet its obligations, customers will have to accept the price …

CIL Board Divided on FSA Scope

However, the board has agreed to abide by Presidential Directive to sign pacts with older plants. Coal India’s board remains divided over fuel supply agreements (FSAs) with private power producers for plants being commissioned after December 2011 although its has agreed to abide by the Presidential Directive to sign agreements …

Power industry miffed with CIL, to approach PMO

Miffed at the Coal India (CIL) board’s recent decision to set a low penalty level under the fuel supply agreements (FSAs) with power plants, private power producers are planning to again approach the Prime Minister’s Office (PMO). What CIL would pay if it fails to supply the entire additional quantity …

CIL board okays fuel supply agreements

But, to dismay of power producers, offers only limited self-penalty for not committing at least 80% of promised supply Abiding by the Presidential directive, the board of directors of government-owned Coal India Ltd (CIL) has decided to send draft fuel supply agreements (FSAs) to power companies before April 20, though …

Bhutan likely to cut power export to India

New Delhi Bhutan is likely to cut power export to India in coming years even as it plans to import electricity during winter. Bhutan is expected to slash power export to India as the neighbouring country’s own electricity consumption rises fast due to industrialisation. This move may force India to …

China power co inks $2.4 bn India deal

Hong Kong Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. The second phase of the project for India's Infrastructure Leasing …

SC Admits Fixing Petrol Prices Govt Prerogative

Says the price fixation is in the legislative domain as It requires some expertise. The Supreme Court has rejected a petition to fix the price of petroleum products. It falls within the domain of the government, it said while rejecting a PIL filed by former MP PC Thomas. "The price …

India demand may hike coal prices globally

New Delhi The growing demand of coal in the domestic market is likely to push up its international prices. Coal industry experts feel that the prices may go up significantly in near future, driven mainly by the demand in China and India. Coal prices in the international market have gone …

EU Energy Savings Plan Too Weak: Green Campaigners

The latest proposal from the Danish EU presidency on how to improve the European Union's record on energy efficiency is far too weak to close the gap between savings so far and its goal for 2020, a coalition of campaigners said on Monday. As part of the EU process of …

Nepal Lawmakers Approve China Dam Project

A parliamentary committee in Nepal has given the go-ahead for China Three Gorges Corp.'s $1.6 billion hydroelectric-power project after the Chinese state-owned company threatened last month to pull the plug on its investment. Lawmakers had raised concerns that Nepal's government had awarded the contract without opening it up to international …

Afghanistan decides to quit TAPI project

Afghanistan has decided to opt out of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project and if Afghanistan does, then its share of 500 million cubic feet per day (mmcfd) gas will be distributed between Pakistan and India. This was stated by Petroleum Secretary Ejaz Chaudhary while talking to a group of energy …

India taps Canada for gas as domestic production falters

New Delhi For the first time, New Delhi is looking to the North American continent to secure its energy needs. India has started talks to import natural gas from Canada, the world’s third-largest producer which is facing falling demand from the US, where a shale gas bounty has brought self …

Cabinet body approves power purchase deal with India

The Cabinet Economic Affairs Committee on Sunday approved in principle the agreement Bangladesh signed with India to import 250 MW of electricity from the eastern part of the neighbouring country. The cabinet body at a meeting with Finance Minister AMA Muhith gave the nod to the deal placed by the …

Multinationals and monopolies - Pharmaceutical industry in India after TRIPS

In January 2005, drug product patent protection was reintroduced in India to comply with the agreement on Trade Related Aspects of Intellectual Property Rights. How are the multinational pharmaceutical companies responding to the new policy environment? Is India likely to see monopolisation of the industry and high prices, which was …

Chinese solar panel makers soar on low US import duty

Washington/New York The United States dealt a blow to US solar panel manufacturers and boosted shares in Chinese rivals when it imposed unexpectedly low duties on imports from China, though the move still drew fire from China industry representatives. The action, made public late on Tuesday, adds to trade tensions …

India faces US curbs over Iran oil imports

The US may impose tough economic sanctions on India for continuing to import crude oil from Iran. On Tuesday, US Secretary of State Hillary Rodham Clinton exempted 11 nations from US sanctions on Iran because they have “significantly reduced” their oil imports from the West Asian nation. India was pointedly …

US-China solar panel conflict reaches next stage

The US Commerce Department will begin imposing duties on solar panel imports from China, after finding that Chinese solar manufacturers receive unfair government support. Though the announced duties were far below the complainants' requests, the decision is still expected to increase trade tensions between Beijing and Washington, which have already …

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