Growth in Indian solar installations, which are forecast to be approximately 1,000 MW in 2014, has slowed down, according to Mercom Capital Group, llc, a global clean energy consulting firm.

Says Discoms May Dump Projects As Higher Rates Will Increase Tariff Up To 7.5/Unit

New Delhi:The central power monitor has sounded alarm over the adverse impact of higher domestic gas price on power projects and pointed out gaps in the oil ministry’s gas pricing policy that could burn a bigger hole in consumers’ pockets for using electricity.

With Lok Sabha elections barely two months away, Planning Commission deputy chairman Montek Singh Ahluwalia has suggested hiking the overall tariff of gas-based power by 50-85 paise per unit to hel

The Delhi high court on Tuesday said that the pricing issue of CNG and PNG (piped natural gas) pertained to policy matters and courts cannot look into it.

“Please keep the courts away from the decisions pertaining to policy matters. Pricing of CNG and PNG will have to be decided by the executive,” Justice Manmohan said after the ministry of petroleum and natural gas submitted the revised guidelines on the supply of natural gas for transport (CNG) and domestic usages.

Coming down heavily against Delhi chief minister Arvind Kejriwal for ordering an “unconstitutional” FIR against him and others for raising gas prices, Oil minister M Veerappa Moily on Friday said t

The federal auditor in 2011 accused RIL of violating the terms of contract for the KG-D6 block off the AP coast but did not talk about loss to exchequer or impact on gas price.

The CAG report on a special audit of RIL books for 2006-2008, when most major equipment and services were contracted, let RIL off the hook on artificially jacking up the cost of bringing the field into production.

Ministry accepts in principle RIL formula to calculate bank guarantees, talks to be held today

Unfazed by Delhi Chief Minister Arvind Kejriwal’s move to register a corruption case against Oil Minister Veerappa Moily and Reliance Industries Chairman Mukesh Ambani for their alleged collusion in doubling the price of natural gas, the Central government is taking steps to implement the new rates as scheduled from April 1.