Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has mitigated the impact of the coronavirus pandemic on power consumption, Fitch Ratings said in a new report. In Vietnam, a resurgence of Covid-19 cases in 2H21 led to re-imposition of restrictions. […]
Global steel production has more than tripled over the past 50 years, despite nations like the U.S. and Russia scaling down their domestic production and relying more on imports. Meanwhile, China and India have consistently grown their production to become the top two steel producing nations. See graphic here Below are the world’s current top […]
A century-old American grains trader is betting on Asia, opening up new offices and running assets in the region, as growing populations drive up demand for food and livestock feed, reports Bloomberg. admin
The new LNG policy draft has recommended liquefied natural gas (LNG) as the fuel of the future for heavy transport as well. The policy targets to convert 10 per cent of long haul heavy duty trucks to ply on LNG. The timeline to achieve the target, however, has not been specified in the draft document. […]
The 497 sugar mills operational in the country have together produced nearly 209 lakh tonnes of sugar till February 15 as against 170 lakh tonnes in the corresponding period last year, an increase of nearly 23 per cent. According to a press release issued by industry body Indian Sugar Mills Association (ISMA), while 183 sugar […]
India’s coal ministry has added 11 new blocks to the list of mines planned to be offered for the second tranche of the commercial coal mine auctions. With these new additions, as many as 75 mines with reserves of about 38,000 million tonnes (MT) of coal, will be offered for commercial mining without any end-use […]
GAIL (India) Ltd, the nation’s biggest gas utility, has completed laying a 348-kilometer pipeline from Dobhi in Bihar to Durgapur in West Bengal. The Rs 2,433-crore project is part of the Pradhan Mantri Urja Ganga project to take environment-friendly natural gas to India’s eastern parts which hereto was left untouched by the benefits of gas-based economy. […]
Fuel sale in the country is coming back to normal which also shows the reflection of normalcy in economy, according to Indian Oil Corporation. In Maharashtra, the sale is yet to reach the pre-COVID situation and the deficit in diesel sale is still around 12 per cent, Executive Director and Maharashtra State head of Indian […]
The second round of auction of coal mines in India is likely to take place in January next year. The number of blocks to be given for auction has not yet been decided because the ministry is conducting stage -1 trial with the blocks. The government would rationalise the slew of taxes on coal to […]
India will see a massive $ 66 billion investment in the building of gas infrastructure as the government pushes for greater use of the cleaner fuel with a view to cutting down carbon emissions, Oil Minister Dharmendra Pradhan said at the KPMG India’s annual energy conclave ENRich 2020. The government is targeting raising the share […]
