Global Electricity Review 2025
<p>In a world of higher electricity demand growth, clean electricity is stepping up to the challenge. Spearheaded by exponential solar expansion, clean power is set to grow faster than demand, marking
Saudi Arabia
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Fresh water demand driving sea-level rise faster than glacier melt
Trillions of tonnes of water have been pumped up from deep underground reservoirs in every part of the world, says report Humanity's unquenchable thirst for fresh water is driving up sea levels even
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Kuwait okays $30m soft loan for Budhi Ganga
The Kuwaiti Fund has approved a soft loan worth US$ 30 million to construct the 30 MW Budhi Ganga hydropower project located in western Nepal. “We have just received the approval letter for the loan from
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Canada's Oil Sand Battle With Europe
On May 9, the government of Alberta released a study into the extra carbon emitted by crude produced using oil sands instead of more conventional sources. The study, by a unit of California-based Jacobs
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Mirror, mirror
What was once hailed as an endless source of desert electricity has now fallen by the wayside in the profitability race. Is concentrated solar power condemned to remain a niche player in the energy market.
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In stitching a complex oil-for-food deal, India sets about placating Iran
Also woos Saudi Arabia with new petroleum diplomacy, while trying to soothe a vexed US, in an interesting coordination effort between external and other ministries India is finally plunging into the oil politics of the Gulf and West Asia. It sent a team of senior officials from the commerce ministry to Iran around a fortnight earlier, to clinch an oil-for-food deal. And, is beginning to woo the Sunni oil kingdoms in the region, led by none other than Saudi Arabia.
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Himachal now a bigger draw for foreign tourists
The hill state of Himachal Pradesh known for its scenic beauty has emerged as one of the popular destination to foreign tourists, mainly form the US, UK, France and Australia with the state recording the arrival of nearly five lakh tourists from these countries last year. Since foreigners love adventure tourism, the rugged terrain of Himachal Pradesh offer them a large number of such events like mountaineering, mountain biking, paragliding, vintage car rally, skiing and river-rafting, being organised with active support of the government agencies, state’s director tourism Arun Sharma said.
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Airline Industry Raises Heat Over EU Scheme
Airbus and a group of European airlines issued another warning that the European Commission faces sparking a trade war after extending its emission trading scheme to the global industry. The plane maker
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India’s top Iranian oil buyer MRPL plans to cut imports
New Delhi India’s largest Iranian oil buyer plans almost to halve daily imports, industry sources said on Monday, becoming the latest Asian refiner to cut supplies from Iran as Western sanctions make trade with Opec’s second-largest producer difficult. India, China and Japan buy almost half of Iran’s estimated 2.6 million barrels per day of oil exports, but a raft of US and European sanctions aimed at choking off funding for Iran’s nuclear programme are squeezing its oil supply lines.
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Govt plans to set up national water council
The government is working on setting up National Water Council (NWC) to launch a coordinated National Water Initiative for federal and provincial governments in areas of flood control, irrigation strategies,
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Crude may scale $150 on Iran crisis
MUMBAI: Oil, which touched $124 a barrel mark on Friday, appears set to touch a new record and breach the $150 mark on mounting Iran crisis. Analysts feel that the government is holding back from hiking