India’s GDP may grow at 7.3% in FY20: Ind-Ra

India Ratings and Research (Ind-Ra) has revised India’s gross domestic product (GDP) growth estimate for fiscal 2019-20 to 7.3 per cent from 7.5 per cent earlier. The predicted lower-than-normal monsoon, the continued agrarian distress and the loss of momentum in the industrial output growth are being cited as the key reasons for the downward revision. […]

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India natural gas output grew 0.69% in FY19

India’s natural gas production grew for the second consecutive year in 2018-2019, primarily due to increase in production from fields operated by government-owned Oil and Natural Gas Corporation (ONGC). India’s cumulative natural gas production grew 0.69 per cent to 32,873 Million Standard Cubic Meter (MMSCM) last fiscal, as compared to 32,649 MMSCM produced in financial […]

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Some policies to boost coal production have been counterproductive – report

Some policies formulated with the intent of improving coal availability in the country, have been counter productive, a report by the International Institute for Sustainable Development said. “Across all major drivers that affect coal, there is also an important role being played by policy, where generous lending practices and interventions that reduce the cost of […]

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Southeast Asia’s energy demands will require $2.7 trillion investment: IEA

As Southeast Asia continues to urbanize at a breakneck speed, the developing region is projected to see a massive growth in energy demand over the next 20 years. Expected to increase by a whopping two thirds by the year 2040, Southeast Asia’s energy demand will require enormous investment and infrastructure in the energy generation and transmission […]

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Digitalisation to transform global energy system with implications for all energy actors – IEA

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Digital technologies are set to transform the global energy system in coming decades, making it more connected, reliable and sustainable. This will have a profound and lasting impact on both energy demand and supply, according to a new report by the International Energy Agency (IEA) In this first comprehensive report on the interplay between digitalisation […]

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