Page-5 of Energy Sector

India ranks 78th on WEF Energy Transition Index

India was ranked at 78th among 114 countries on World Economic Forum’s (WEF) Energy Transition Index  (ETI) released as part of report titled Fostering Effective Energy Transition. The index ranks countries on how well they are able to balance energy ..

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IISc scientists develop first super critical carbon dioxide (S-CO2) Brayton Test Loop facility

Scientists from Indian Institute of Science (IISc), Bengaluru have indigenously developed country’s first super critical carbon dioxide (S-CO2) Brayton Test Loop facility. The facility was inaugurated at the IISc campus. It is first test loop technology coupled with solar heat ..

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India, UAE inks 5 MoUs

India and United Arab Emirates (UAE) have signed five Memorandum of Understanding (MoUs) in key areas of energy sector, railways, manpower and financial services. These agreements were signed in PM Narendra Modi’s visit to Abu Dhabi. They were signed in ..

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NITI Aayog to set up Methanol Economy Fund

The National Institution for Transforming India (NITI) Aayog is planning to set up Methanol Economy Fund worth Rs 4,000-5,000 crore to promote production and use of the clean fuel. The fund will be utilized for generation of cheaper, safer and ..

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India gets first-ever U.S. crude shipment

India received first ever shipment of US crude oil of 1.6 million barrels, purchased by state-run Indian Oil Corporation (IOC) at Paradip Port in Odisha. It was imported on board of MT New Prosperity, a very large crude carrier (VLCC) ..

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India becomes associate member of IEA

India, world’s 3rd largest energy consumer has joined International Energy Association (IAE) as associate member. India will also now have a greater say in global energy issues. With India as a associate member, IEA now formally covers 70% of the ..

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