Page-3 of Energy Sector

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 ..

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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 ..

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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 ..

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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 ..

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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. ..

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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 ..

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