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Indian cabinet awards 31 oil and gas blocks under 2016 bid round

The Indian government has finally approved the rights to 31 oil and gas exploration blocks comprising 44 small fields, which were auctioned under the Discovered Small Field (DSF) Bid Round 2016.

read more... 17/02/2017

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Gamesa wins orders to supply turbines in India

Gamesa has won orders to provide turbines for seven wind parks in India with a combined capacity of 278MW.

read more... 16/02/2017

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India’s solar tariff hits a new record low

In the recently completed 750 MW Rewa Solar Park auction in Madhya Pradesh in India, bids hit a new record low of Rs.3.30 (~$0.494)/kWh (levelized tariff over 25 years), over a rupee lower than the previous low tariff of Rs.4.34 (~$0.065)/kWh, which was registered in the state of Rajasthan in January 2016.

read more... 15/02/2017

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India mulls the reduction of LNG customs duty to 2.5%

India has decided to reduce the duty on LNG imports to 2.5% from 5% to encourage the use of natural gas in the country, finance minister Arun Jaitley said while presenting his federal budget for fiscal 2017-2018 Wednesday.

read more... 07/02/2017

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Swiss ABB to bolster Indian power grid by integrating wind, thermal energy

Swiss transformer maker ABB has secured a USD 640 million contract for a 1,830-km (1,137-mile) power link in India for connecting thermal and wind power plants with the growing urban areas of the country.

read more... 12/01/2017

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