Tata Power has offered to sell 51 per cent stake in its 4,000 MW Mundra power project for Re 1 to states like Gujarat, which buy electricity from it, to tide over the financial crisis facing this business
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The drive to renewable energy is not just for CSR or because countries are becoming more environmentally conscious, it’s because it makes economic sense.
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India’s total installed rooftop solar capacity is estimated at only 1,247 megawatts (MW) (till 31 December 2016) which is about 3 per cent of the targeted 40 GW by 2022.
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Norway offered a record number of blocks for oil and gas exploration in the Arctic Barents Sea on Wednesday, brushing off concerns about the risks of drilling in the remote, icy environment
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India's Bharat Petroleum Corp is seeking gasoline in a rare move, due to a scheduled, month-long shutdown of a crude unit and a continuous catalytic reformer
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With construction already underway, the plant which is spread over a desert area of 7.8 sq. km is scheduled to be fully integrated with the grid in a record timeline of just 23 months.
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Investment of Rs 40,000 crore in the development of the fields is expected to produce 30-35 million cubic meters of gas a day (mmscmd) by year 2020-2022.
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It will also put in place East Hope Group's engineering and industrial integration chain to recycle and economise the product cost at Mundra SEZ, it said.
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