BENGALURU: The ministry of new and renewable energy (MNRE), which was considering withdrawal of the customs duty concessions it provides wind turbine manufacturers, is now in favour of continuing these concessions for some time, sources said. MNRE held several rounds of discussions with Indian wind equipment makers about the duty concessions. It held the view … Read more
Synopsis The energy intensity of India’s GDP decreased by more than 20% over the past decade. Our share in global CO2 emissions is around 6%, versus a population share of about 16%. Per-capita emissions are 1.6 tonnes of CO2, versus the global average of 4.4 tonnes. By Gaurav Bhatiani & Sanjeev AhluwaliaDelivering the 19th Darbari … Read more
LEH: The Union Territory of Ladakh on Saturday celebrated the 74th Independence Day as Lt Governor R K Mathur used the opportunity to dispel apprehensions of the locals with regard to protection of land and fear of inundation by outsiders. The celebrations also come as Ladakh completed one year of it becoming a union territory. … Read more
NEW DELHI: The government’s decision to continue the imposition of safeguard duties for a third consecutive year on imports from China has been met with confusion from the industry, while experts have said that it might not have much of an effect in the short-term. “The solar industry has been recommending to the government to … Read more
LONDON: The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much as a third earlier this year, at a time when the rise of electric vehicles and a shift to renewable energy sources were already … Read more
WELLINGTON: Mining giant Rio Tinto said Thursday it will close its aluminum smelter in southern New Zealand, resulting in 1,000 job losses and dealing a major economic blow to the region. But environmentalists say the closure of the Tiwai Point smelter could help New Zealand’s push to become cleaner and greener. The smelter sucks up … Read more