Indian Farmers Fertiliser Cooperative (IFFCO), India’s largest fertiliser producer, is the latest company to indicate interest in the LNG project of Swan Energy, which intends to build it at Jafrabad in Gujarat.
Global oil giant Saudi Aramco may invest in a proposed petrochemical plant in the state of Andhra Pradesh, Minister for Petroleum and Natural Gas Dharmendra Pradhan said at a recent conference conducted by the Confederation of Indian Industry (CII) at Visakhapatnam, the state’s financial centre.
The Indian government tabled its budget on February 1 and announced a new boost to increasing the country’s use of renewable energy. The government aims to use new solar power projects at around 7,000 railway stations in the medium term.
Mytrah Energy is developing up to 2,000MW of renewable power projects in the state of Andhra Pradesh. It has recently signed a number of memoranda of understanding with the state for the development of renewable schemes estimated to cost Rs130bn (US$1.94bn).