India’s new solar power tariff levels continue to hit new lows, with the fall in tariffs having been put down to a range of factors. By Minerva Lau.
The Sri Lankan government plans to go ahead in developing a strategic oil facility in the eastern port district of Trincomalee via a joint venture with India. There has been opposition to the project but the government seems determined to proceed.
China Power International and Hub Power are raising about US$2bn of loan facilities to finance the development of a 1,320MW coal-fired power plant.
The Memoranda of Agreement (MoAs) for the purchase of 1,000MW of wind power under the first wind auction scheme of the Ministry of New & Renewable Energy were signed on May 4 between PTC India, the trading company, and distribution companies (distcoms) of the states of Uttar Pradesh, Bihar, Jharkhand, Delhi, Odisha and Assam.
Indian Oil Corp (IOC) has held initial discussions with Saudi Aramco regarding its downstream investments in India.