The government has formally said no to import duty on power generating equipment. The decision to maintain the status quo came as a disappointment to the country

New Delhi: In a judgment that could make power tariff more consumer friendly, the Supreme Court has green lighted the Central Electricity Regulatory Commission's authority to cap profit margin on trading of electricity.

Calcutta, Feb. 11: India may have to import more coal in 2011-12 as domestic production could fall well short of the target.

The gap between demand and domestic production is expected to increase to 81 million tonnes (mt) in 2011-12 compared with the initial projection of 51mt. Domestic production, estimated at 681mt in 2011-12, may come down to 630mt.

THE Central Electricity Regulatory Commission (CERC) on Monday notified regulation on renewable energy certificate (REC) to promote renewable sources of energy and development of market in electricity.

LAYINGout the red carpet for Bangladesh Prime Minister Sheikh Hasina, who arrived in Delhi on Sunday night, New Delhi said the visit promised to be

India and the European Union (EU) today signed a major accord for cooperation in the civil atomic energy field and pledged to conclude an ambitious free trade agreement (FTA) between them within a year.

THE European Union and India are likely to sign an agreement on civilian nuclear energy, dealing with India

Vidya Subrahmaniam

Nicosia: President Pratibha Patil arrived in Nicosia, capital of the tiny Mediterranean island of Cyprus, on Thursday night on a two-day state visit focussed on trade and business.

The chairman of the Commodity Futures Trading Commission said on Wednesday that the agency wanted to impose new restrictions on so-called speculative traders, not to reduce price volatility but to prevent the energy markets from being dominated by a few huge investment funds.