Page-2 of Energy Sector
India’s plan to create Gas infrastructure
The Government of India is to increase the share of Natural Gas in the primary energy mix of the country from 6.2% to 15% by 2030. In order to achieve this, 60 billion USD is to be invested over next ..
Month: Current Affairs - December, 2020
India-Qatar Energy Task Force
India and Qatar are to establish a task force on energy. The task force will be represented by a senior officer from petroleum Ministry of India and the vice president of Qatar petroleum. The task force is to identify projects ..
Month: Current Affairs - December, 2020
IISD: India’s Renewable Subsidies decline by 35%
The Council on Energy, Environment and Water (CCEW) and International Institute of Sustainable Development (IISD) recently released a report called “Mapping India’s Energy Subsidies, 2020”. Highlights The report says that India’s energy subsidies have declined by 35% in 2019 as ..
Month: Current Affairs - April, 2020
OPEC and Russia approve biggest Oil Cuts
The Organization of Petroleum Exporting Countries (OPEC) and Russia have come together to cut oil output by 10%. This is being done to control the falling oil prices amidst lock down all over the world due to COVID-19. Background The ..
Month: Current Affairs - April, 2020
Asian Development Bank to invest 100 million USD in NIIF
On March 30, 2020, the Asian Development Bank announced that it is to invest 100 million USD in National Investment and Infrastructure Fund (NIIF). The investment during an economic slow down is a great boost for the Indian Economy. NIIF ..
Month: Current Affairs - March, 2020
Import duty on Green Energy Equipment hiked by 20% in Budget 2020-21
The Budget 2020-21 that was presented by the finance Minister Nirmala Sitaraman in the Parliament increased the import duty of green energy equipment like cells by 20%. This is being implemented to drive local manufacturing of the equipment and lowering ..
Month: Current Affairs - February, 2020
Budget 2020: Economic Development-Commerce, Industries and Infrastructure
The Union Budget 2020 was presented by the Finance Minister Shrimati Nirmala Sitaraman. The budget was presented under three themes namely Aspirational India, Economic Development and Care Giving. The Economic Development includes industries, commerce and manufacturing. The Finance Minster referred ..
Month: Current Affairs - February, 2020
TERI: India’s Steel Demand to increase carbon emissions by 600 MT
On January 31, 2020, at the World Sustainable Development Summit released its report on India’s Steel Demand. According to the report, if the steel demand of the country continues to grow, the carbon-dioxide emissions from the steel sector will reach ..
Month: Current Affairs - January, 2020
State Energy Efficiency Index released by GoI
On January 10, 2020, Bureau of Energy Efficiency (BEE) launched the State Energy Efficiency Index, 2019 in association with Alliance for Energy Efficient Economy. The report was prepared considering the basic energy requirements such as coal, electricity, gas and oil. ..
Month: Current Affairs - January, 2020
India-Japan meet to review Comprehensive Economic Partnership Agreement
On December 10, 2019, a Japanese delegation led by Japanese Minister Mr Hiroshi Kajiyama visited Minister of North Eastern Region Development. The ministers discussed different areas of cooperation that included nuclear power, technology and infrastructure. The Countries also renewed their ..