India is the third largest consumer of energy in the world and heavily dependent on its import.... There has been rapid progress in installing renewable power capacity in recent years, reaching approximately 180 gigawatt and with the target of 500 GW by 2030.... But the operating factor of renewable power plants is only 20-25 per cent, compared to 80-85 per cent for thermal power plants using coal or natural gas as fuel....

Dakota Gasification is a subsidiary of Bismarck-based Basin Electric Power Cooperative.... The

cargo to a floating storage and re-gasification unit, berthed alongside the jetty located within the

KARACHI: The Sindh High Court on Monday appointed an amicus curie to assist it on whether federal government has legal authority to take natural gas from Sindh without its permission after the petroleum ministry insisted that federal government had exclusively competent to make or revise any policy about gas.A federal law officer argued that the federal government can take natural gas from Sindh without consent of the province notwithstanding Article 158 of the Constitution. During the previous

India will have surplus domestic coal by the financial year 2025-26 that can be used to run the imported coal-based( ICB) power plants, Union Coal Minister Pralhad Joshi said on Thursday.... It will not be compulsory but domestic coal would be available for them at competitive rates and they can benefit from it.... Even imported coal for blending would also come down, ” he said....

As a precursor to the upcoming India-Australia Energy Dialogue scheduled to be held next month, the first Joint Working Group( JWG) meeting on coal and mines between both countries was held through video conferencing. The meeting, which was held on Thursday, was co-chaired by Coal Additional Secretary Vinod Kumar Tiwari from the Indian side and by Paul Trotman, Head of Resources Division from the Australian side.In his opening remarks, Tiwari provided overview of the coal sector in India and pre

India's forex reserves jumped USD 6.55 billion to USD 625. 626 billion for the week ended March 1, the Reserve Bank of India said on Friday.... Click here to follow our WhatsApp channel It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.... For the week ended March 1, the foreign currency assets, a major component of the reserves, increased by USD 6. 043 billion to USD 554. 231 billion, the data said....

BHUBANESWAR: The Odisha government and natural gas firm Gail signed a memorandum of understanding( MoU) on Wednesday for cooperation in the production of eco-friendly fuels in the state. The agreement was signed by the public sector unit and the Industrial Promotion and Investment Corporation of Odisha( Ipicol) in Bhubaneswar, according to a release. MORE FROM THIS SECTION See All Premium Premium Candidates can spend up to？...

ISLAMABAD: Pakistan on Saturday accepted an LNG cargo at the highest-ever price of$ 30.6 per Million British Thermal Units( mmbtu) from Qatar Petroleum on the grounds of averting a possible gas crisis in the upcoming peak winter month.... The Pakistan LNG Limited( PLL) had floated emergency bids for two cargoes to be supplied in November, as the firms involved, Gunvor and ENI, had defaulted on their commitments.... As a result, the state-owned firm had to call a tender on emergency basis for t

“ Looking ahead, the initial estimate of a record-high trade deficit in November 2024 could well bloat the current account deficit to 2.5-2.7 per cent of GDP in the current quarter.... For FY2025 as a whole, the current account deficit may print around 1.1-1.2 per cent of GDP, ” she said.... According to economists at Barclays, with the November trade deficit widening sharply to$ 37.8 billion, on record-high gold imports, CAD is expected to worsen further in Q3FY25....