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World Bank grants $625m loan to India’s solar power push

The World Bank Board approved a $625 million loan to support the Government of India’s program to generate electricity from widespread installation of rooftop solar photovoltaic (PV).

read more... 17/05/2016

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India and Iran will clear $6.4 billion oil payments through European banks

The central banks of India and Iran have apparently decided to use European Banks to clear oil payments to Tehran. They are valued at $6.4 billion (£4.4bn), according to Indian Oil Minister Dharmendra Pradhan.

read more... 09/05/2016

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India may invest $20bn in Iranian oil and petrochemicals projects to raise imports

India may invest as much as $20bn in oil, petrochemicals and fertiliser projects in Iran in order to import more crude to cover its demand.

read more... 12/04/2016

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EDF inks preliminary agreement to build six nuclear plants in India

French utility EDF declared on Tuesday it had inked a preliminary deal with Nuclear Power Corp of India Ltd (NPCIL) to construct six nuclear reactors at Jaitapur, in the west of India.

read more... 27/01/2016

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Energy demand will increase by 25% by 2040

Global energy demand will rise by 25% by 2040, according to a new report by ExxonMobil which added China and India will account for approximately half of the projected growth during the same period.

read more... 26/01/2016

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