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 NEW DELHI: Energy is now at the vanguard of New Delhi's biggest business commitments in its neighbourhood, with power and gas leading the $9-billion investment projects India has proposed to make in Bangladesh to help strengthen Dhaka's emerging industrial base.    The Reliance and Adani Groups, and power behemoth NTPC were among the Indian blue-chip companies that concluded investment proposals on Monday in the presence...

  • Posted on : Saturday , 15th April 2017
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 The Asia-Pacific witnessed a record year in terms of mergers and acquisitions in the energy space, with 198 transactions valued at USD 77.6 billion in 2016 and the second-largest year-end total going to India.   However, the Asia-Pacific energy M&A logged a 33 per cent drop in value terms year-on-year while the number of deals (196) were similar to 2015, the report titled    Volatility and opportunity: Energy M&A...

  • Posted on : Friday , 14th April 2017
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 Japanese renewable energy firm SB Energy Corp recently commissioned a 350-MW solar power plant in the Indian state of Andhra Pradesh.   The company said Tuesday the Ghani Sakunala Solar Park commenced operations on March 29, 51 days ahead of the launch date in its power purchase agreement (PPA). It will be selling power at a rate of INR 4.63/kWh (USD 0.071/EUR 0.067).   SB Energy, currently a wholly owned unit of...

  • Posted on : Friday , 14th April 2017
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 Firm says it has good opportunity in synergy with renewablesRoyal Dutch Shell is looking at opportunities in India to build its renewable energy portfolio, especially in light of the country’s renewable energy targets to be achieved over the next decade, according to Mark Gainsborough, executive vice- president, New Energies, Royal Dutch Shell. “India has a very ambitious target for the growth of the renewable...

  • Posted on : Thursday , 13th April 2017
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India’s economy has seen remarkable expansion in the past decade, with an average growth of 7–8 percent per annum in the last few years, according to a Press Information Bureau release.   At this juncture, Railway Minister Suresh Prabhu has unveiled a mission named ‘Mission 41k’ as an attempt to revitalise the Indian Railways in the next ten years.    This mission aims at saving electrical energy...

  • Posted on : Thursday , 13th April 2017
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