City gas distribution, fertiliser sector to drive gas demand: CRISIL report
Gas demand is expected to grow at 3.5% CAGR between fiscals 2018 and 2023 to 191-193 MMSCMD. The main push for incremental demand is expected to come from the …
Fast depleting coal reserves in India could push up energy prices
The fast depletion of coal, a strategic resource and India’s fuel of choice currently, has huge implications for energy costs. As much as 64 per cent of coal …
Why coal will continue to burn in India
While petrol and diesel prices impact consumers directly, India is plagued by concerns around another fossil fuel, coal. However, coal helps meet around 45% of …
Global investment in renewables shrink threatening expansion of clean energy, says IEA
The International Energy Agency (IEA) sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% …
Global oil majors’ investments in renewables on the rise – Fitch
Major oil companies’ investments in renewables businesses are likely to provide a useful hedge to secure positions in the fledgling alternative energy …
Emerging Asian economies to drive increase in world energy use to 2040, says EIA
World energy consumption is projected to increase by 28% by 2040, according to the International Energy Outlook 2017, released by the U.S. Energy Information …
Coal India Ltd., world’s largest coal company, to retire 37 mines in India
The largest coal mining company in the world, Coal India, has announced plans to decommission a total of 37 mines which are no longer economically viable in …
Renewable energy will reach 49 per cent in India by 2040: Report
As batteries and new sources of flexibility bolster the reach of renewables, the renewable energy will be reaching 49 per cent in India, 55 per cent in China, …
Saudi Arabia has $80 billion worth energy projects to award
Saudi Arabia has the biggest slice of unawarded projects worth $250 billion across the entire Gulf Cooperation Council (GCC), according to a report released by …
India’s energy consumption rose by 5.4% in 2016; remained 3rd largest energy consumer in the world – BP
India’s share of global primary energy consumption reached 5.5% in 2016, BP said in its latest world energy review, adding that the country’s share of …