Q4 2017 highlights VC/PE funding
ReNew Power Ventures - an Indian renewable energy project developer - secured ~$200 million (~Rs.13 billion) from the Canada Pension Plan Investment Board in the form of compulsory convertible preference shares (convertible debt) that will convert to equity shares at the time of an initial public offering.
Nuclear regulator, liability the industry
When talking about Nuclear power, there are two immediate issues that need attention: a) the nuclear regulator and b) the issue of nuclear liability. The Government needs to replace the existing, quasi-independent nuclear regulator with a truly independent one.
Dart Energy to exit India
Dart Energy will wind up its India operations by November 2015.The main reason behind the decision is tough working conditions in India. Dart joins the list of over half-a-dozen exploration companies like the Italy´s Eni SpA, Australia´s Santos, the UK-based Foresight Group, BHP Billiton Petroleum, Canada´s GeoGlobal Resources, Norway´s Statoil ASA
Clean Coal Technology, Low Carbon Power - are these Oxymorons?
Do you know about Kiribati? In case you do not, it is a nation of 100,000 people living on 32 atolls in the Pacific Ocean, feeling increasingly threatened by the creeping rise in sea water levels due to melting ice caps, caused in turn by the phenomenon known as global warming.
Making a splash!
India is endowed with rich hydropower potential to the tune of 148 GW (which would be able to meet a demand of 84 GW at 60 per cent load factor) which makes it one of the most important potential sources to meet the energy security needs of the country.
State-run marketing cos seek flexible deals
PSU refiners, who account for about two-thirds of the country´s oil processing capacity, are seeking more flexibility in import contracts as they look to tap new sources of supply flushed out by the US shale boom.
Oil & gas: India, Canada join hands
A Canadian delegation led by Ed Fast, Minister of International Trade, Canada, and Christy Clark, Premier, British Columbia has called on the Minister of State
The Nuclear Switch
It is the fuel of the future. For an energy-starved nation like India, nuclear energy presents huge opportunities, but it also poses immense challenges in implementation.