Context: Leaders of India, Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius and UAE have launched Global Biofuel Alliance on the sidelines of G20 Summit in New Delhi. About Global Biofuel Alliance (GBA) Partner countries and organisations of GBA
Context: According to latest data from the Bureau of Energy Efficiency (BEE), Ministry of Power, inverter ACs accounted for less than 1 per cent of the overall room AC (RAC) market of 4.7 million units in the financial year 2015-16 (FY16). As of FY23, […]
Context: Recently OPEC+ agreed to extend the ongoing oil production cuts into 2024 as it seeks to keep oil prices from falling in the wake of concerns about a global economic slowdown. For India, which imports more than 80% of its crude oil requirements, […]
Context: India is “very actively” considering joining the Global Offshore Wind Alliance in an attempt to improve its energy transition standing, said Gauri Singh, deputy director general of the International Renewable Energy Agency (IRENA), which played a key role in forming the alliance. What […]
Context: Preliminary estimates conducted for Paris Agreement suggest that at least US$ 2.5 trillion (at 2014-15 prices) will be required for meeting its climate change actions between 2015 and 2030 (Government of India, 2015). India’s ambition of generating 175 gigawatts of renewable energy by […]
Context: A pragmatic and balanced strategy has helped India to keep prices of petrol, diesel and gas under check. How has India managed control oil prices? Steps towards oil exploration and refinery Expansion in Gas sector and alternative fuels
Context: Petroleum & Natural Gas Regulatory Board has amended PNGRB (Determination of Natural Gas Pipeline Tariff) Regulations to incorporate regulations pertaining to Unified Tariff for natural gas pipelines with a mission of ‘One Nation, One Grid & One Tariff). National Gas Grid System means […]
Vision of PNGRB Powers regarding complaints and resolutions of disputes by the Board Functions of Board: The Board shall
Facts Associated with Power Sector in India: Why is India at an Advantage: Issues Associated with Power Sector Government Policies & Initiatives The Government of India has identified the power sector as a key sector of focus to promote sustained industrial growth. Some initiatives […]
India is aiming to add 200 million tonnes (MT) of refining capacity, or around 4 million barrels a day, in the next 10 years to meet the growing demand for fuel. This is important for India’s energy security as India’s oil demand will double […]
India imported a record 1.62 million barrels per day of Russian oil in February, up 29 per cent from January’s 1.26 million barrels a day, which was also a record. Background: Why has India continued oil purchase from Russia? Indian Exports: The exports touched […]