US power major AES Corp and private equity firm Riverstone Holdings LLC, which have firmed up plans to jointly invest up to $1 billion in photovoltaic solar projects around the world over the next five years, are keenly eyeing the Indian market. AES and Riverstone have each committed up to $500 million for the joint venture, which will be called

A Euro 500m gas storage plant has been approved by the Irish Planning Board. An Bord Pleanala approved construction of the facility in the Shannon Estuary, between Ballylongford and Tarbert in County Kerry. It is believed that the plant will be capable of supplying around 60% of the country's gas needs and will feature five large storage tanks. The tanks will also be used to store strategic reserves of gas, which could be used in the event of a world energy crisis.

On the first day of the new financial year, there was a sense of d

The Cabinet Committee on Economic Affairs (CCEA) which meets on Thursday is expected to consider a proposal to give BHEL an order to supply equipment for 10 power plants using the advanced 800-mw supercritical technology. The order for the ten units would be placed by the central power generating utilities like the NTPC.

India Inc is in hot pursuit of coal. Twenty-eight Companies have lined up for developing and running the two coal blocks of MahaGuj Collieries Ltd (MGCL) in Orissa.

The Nevyeli Lignite Corporation has surpassed its previous records during 2007-08 in lignite production and electricity generation.

power of the big Banana: A court of appeals in the Philippines recently sided with the banana growers and exporters of the country and allowed the continuation of aerial spraying of pesticides. The

Eco impact study on Tanzania project Hydrology studies are being undertaken and the Tanzania project would not start until Norconsult comes up with the report.

WITH the formal inauguration of the Rajiv Gandhi International Airport on the outskirts of Hyderabad on March 14 by United Progressive Alliance chairperson Sonia Gandhi, India will have its first gree

For the first time in the living memory of Mumbaiites, the major power utilities servicing the country's commercial capital are likely to impose loadshedding this summer as they haven't been unable to