Several studies indicate that coal is losing its charm in India. The global trends indicate that global capital is fleeing coal. In such a scenario, is it a smart move for India to open commercial coal mining to 100 per cent FDI?
Investments in the country’s renewable energy sector doubled over the last five years to around $20 billion in 2018
Initiatives to promote budding entrepreneurs are carried out by the department of industrial policy and promotion (DIPP), which is part of the ministry.
According to a study by job portal Indeed, under the sustainable energy job profiles, searches for solar design engineers, solar project engineers and solar electrical engineers witnessed significant increase.
Speaking at the concluding conference of International Energy Forum (IEF) he said, cooperation among oil-consuming nations is warranted in view of oil-producing countries charging Asian premium from India, China and others for supplying petroleum.
Yesterday, the delegation met US Energy Secretary Rick Perry and held talks, ahead of his visit to India later this month. The meeting was organised by the US India Strategic and Partnership Forum (USISPF).
Gadkari said a leading two-wheeler company will soon come out with a flex-fuel engine bike which can be run on ethanol.
In a statement, the company said that NHPC CMD Balraj Joshi and company's Director Finance M K Mittal held a meeting with Uttar Pradesh Chief Secretary Rajiv Kumar and state Principal Secretary (Energy) Alok Kumar in Lucknow.
In fact some leading players in the power industry have already begun adapting themselves to cope with the coming disruption. But there are others who are unwilling to even consider any change.
At an interaction here with oil and gas CEOs and experts from across the world, he welcomed the suggestion made for a comprehensive energy policy, according to a PMO press release.
Indian Ambassador Navtej Sarna met Alaska's Governor Bill Walker during which energy co-operation was an important aspect of the discussions.
The PTC India board is also willing to dilute up to 26 percent stake in PTC Energy, an official with the parent company told Moneycontrol.
No decision yet has been taken on Trump administration's commitment to the Paris Agreement on climate change. And same is the case with the various co-cooperation that the US has been doing with other countries including India on clean energy and climate change issues, the official said on condition of anonymity.
Pradhan met Perry during an unscheduled trip to the US Capitol and discussed energy cooperation between India and the US, Indian investment in Liquefied natural gas (LNG) and Shale sectors, and the possibility of the US exporting LNG to India from early next year.
India, which in the coming years would emerge as the largest energy consumer of the world accounting for nearly one-third, is open to investment in the US, subject to a good deal, Pradhan said.
Christened "Hydrocarbon Exploration Licensing Policy" or HELP, the new policy also gives the investors the much needed freedom in pricing and marketing for crude oil and natural gas.
The third edition of the event, spanning over four days, will also witness bilateral workshops with the EU, Canada, Sweden and US on smart grid technology.
The investment will create over 13 million jobs in the sector, the NEA said in a blueprint document that lays out its plan to develop the nation's energy sector in a five-year period.
Total SA of France is also planning another investment in the energy sector in Iran, the Journal reported.
On moving to methanol-based economy, he said, it is a ready made case of proven technology. A methanol-based economy can create a lot of employment and entrepreneurship.
The decision was taken during a meeting between the Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan and his American counterpart, Energy Secretary Ernest Moniz, on Monday.
"The central and state governments are taking various initiatives to increase solar power capacities. We being a complete end-to-end solutions provider, we see this as an opportunity for growth. We are eyeing Rs 3,000 crore by FY18," company's vice chairman and managing director Sundeep Gupta told PTI here.
Presiding over the meeting of the Board, Chief Minister Virbhadra Singh said that the plan included Scheduled Caste Sub-plan of Rs 1309.88 crore and Tribal Sub-plan of Rs 468 crore.
BP suffered a loss after taxation of USD 6.48 billion (5.97 billion euros) last year, compared with a net profit of USD 3.78 billion in 2014, it said in a results statement.
As part of its Silk Road initiative and energy sector promotion, Chinese President Xi Jingping is paying a visit to Iran from January 19 to January 23.