The Punjab Energy Development Agency has released a draft green hydrogen policy aiming to achieve a green hydrogen and ammonia production capacity of 100 kilo tonnes per annum by 2030. The policy proposes extending incentives under the existing “Punjab Industrial and Business Development Policy 2022” to new green hydrogen and …
On May 29th George W. Bush, on his first visit to California since his election, met Gray Davis, the governor, to discuss the electricity shortage that grips in the state. Mr Davis has been clamouring since the autumn for caps on the wholesale price of electricity. On the spot market, …
Uttar Pradesh Power Corporation suffered losses of around Rs 15.73 crore on account of undue favours and under-assessments in cases of big consumers, according to a Comptroller and Auditor General of India (CAG) report for 1999-2000.
Plans to open a $653m plant to manufacture controversial recycled nuclear fuel in north-west England suffered another blow after Japan's largest electricity utility agreed to postpone the loading to recycled nuclear fuel at its plant in northern Japan.
Power Minister Suresh Prabhu met finance minister Yashwant Sinha today to brief him on the impact of the latest developments in the Dabhol case. However, coming out from an hour-long meeting, Prabhu refused to make any comments.
The Centre today told the Delhi High Court that a fresh notification would be issued to seek opinion from the public over the issue of bringing amendments to the building by-laws in the Capital to increase roof top water harvesting. The court was told by the Union urban development ministry …
The Government is targeting to generate a 10 per cent share from renewable energy sources and 10,000 MW in the power sector generation capacity addition has been set.
A leading advocacy group has taken the Bush administration to task for failing to include human rights considerations in its new national energy plan, according to a letter obtained by Reuters on Wednesday. The letter, from Human Rights Watch Executive Director Kenneth Roth to Vice President Dick Cheney, expresses serious …
Lenders to the $3-billion Dabhol Power Project are ready to make "sacrifices" to save the controversial project from sinking. According to sources, Indian lenders--Industrial Development Bank of India (IDBI) and State Bank of India--are considering between one and two percentage point cut in interest rates to bring down the cost …
The High Court has directed the Ores Power Generation Corporation (OPGC) not to shut down any generating unit at Ib thermal power station without its permission. Justice Laxmikanta Mohapatra, the vacation judge, issued the directive following a writ petition filed by Grid Corporation of Ores Ltd (Gridco) challenging the decision …
The crisis-ridden MP State Electricity Board (MPSEB) is likely to move the Supreme Court to recover Rs 700 crore from the Chhatisgarh government. Talking to reporters here, Madhya Pradesh Chief Minister Digvijay Singh said that the Chhatisgarh government set up a state electricity board on November 15 last and had …
Finance minister Yashwant Sinha Thursday held a meeting with Power Minister Suresh Prabhu in a bid to defuse the crisis arising from the standoff between the Dabhol Power Company of US Energy Major Enron and the Maharashtra State Electricity Board(MSEB).
Nothing confirms the need for transparency in decision-making more forcefully than the Dabhol Power Company imbroglio. Operations at the power station have been stopped for a second time since the original contract was signed. In 1994, alleging corruption in the deal, the then Shiv Sena-BJP government ordered suspension of the …
International rating agency Fitch today changed the rating outlook on India's sovereign ratings from 'stable' to 'negative' citing well-flagged concerns about fiscal policy, privatisation, deterioration in the foreign investment climate and the Enron fracas. Fitch currently rates the foreign and local currency obligations of India 'BB+' and 'BBB-' respectively.
An environmentally-friendly compound used as a propellant in about 10 billion aerosol spray cans every year could become a significant source of future energy, the International Energy Agency said yesterday. Dimethyl-ether (DME) is a clean fuel that can be made from natural gas, coal or biomass and could be used …
German power company E.ON said yesterday it was in talks with the dominant Czech power company CEZ to end a contract under which CEZ supplies electricity to E.ON. It gave no details and said the two parties would not comment on the reasons for the move.
Portraits of Thailand's king, already adorning almost every building in the country, could soon be helping to sell cheap, clean fuel at Thai gasoline stations. When King Bhumipol Adulyadej personally patented a palm oil formula at the beginning of May, many observers speculated a clean fuel craze could sweep Thailand.
Two mega petrochemical complexes are scheduled to be set up[ in coastal Andhra at a total cost of Rs 65,000 crore by American companies and formalities such as signing of MoUs and land acquisition for the purpose have been completed, according to Mr T.S. Appa Rao, Secretary of the State …
India's pioneering electric vehicle manufacturers showed off an electric car, bus and auto rickshaws yesterday but said they needed government help to make their environmentally friendly products more affordable. "Electric vehicle manufacturers need a bit of hand-holding by the government so we can grow in big numbers," said A. Sahay, …
Los Angeles' aim to increase household generation of solar power could fall well short of the city's target of 100,000 households by the end of the decade, with only 40 systems installed in the last year, according to a report in the Washington Post.
Shareholders have rejected a raft of environmental proposals at ExxonMobil's conference, but backers claim significant increase in support. At the annual meeting in Dallas on 30 May, environmentalists, religious and gay groups which are shareholders in the world's number one oil company, were soundly defeated in four resolutions, but gained …
