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Solar power developers have offered to sell electricity in India at less than Rs 5/unit. This makes solar competitive with traditional forms of energy, and makes new nuclear power plants financially unviable. India must register the changed reality, and discard the idea of expensive Western reactors. Time to scrap the India-U.S. nuclear deal?
Courtesy: Wikimedia Commons
Petrobras, which rose to become the fourth largest company in the world, is now battling a serious corruption scandal that has left its reputation in tatters. How did this global oil major scale such heights spectacularly and and then fall so low? There are lessons in this for India’s public sector oil companies.
Courtesy: Wikimedia commons
Canada’s nuclear energy sector has a lot to offer India—the sale of uranium, joint development of technology and best practices on regulations. Nuclear energy co-operation is also an area in which Canada and India can make substantial advancements quickly. We should not let this opportunity slip by
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With the Modi government’s focus on improving neighbourhood relations, India cannot afford delays in its aid projects in the region—especially because aid is an effective foreign policy instrument. Why are these projects getting delayed? Is the government taking remedial steps to improve India’s aid programme?
Courtesy: indilens.com
The India-U.S. nuclear agreement represents a $17 billion opportunity for Indian business. It will also help India secure fuel for its indigenous reactors, and contribute to cheap and plentiful energy. But a major concern remains—will these projects be efficiently executed?
Courtesy: RIA-Novosti, Mikhail Klimentyev, Presidential Press Service
A fall in oil prices has pushed down the values of oil companies globally, giving India a rare chance to acquire assets cheap and hedge its economy against future increases in energy prices. There are plenty of plum assets to pick from—such as Rosneft, the state-owned Russian oil major
Courtesy: http://photodivision.gov.in/
Last week, petroleum prices reached a five-year low, and the fall is likely to last as new production and alternative sources enter the market. India, which has a huge petroleum products bill, now has a chance to shock-proof its economy, diversify dependence away from West Asia, and become energy-efficient
Courtesy: wikimedia
Can India be a prospective liqueified natural gas (LNG) market for Canada? Rajrishi Singhal provides an overview of natural gas and LNG supply and demand in India, factors impacting India's future LNG consumption, and Canada's strengths and weaknesses as an LNG supplier for India
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The fall in oil prices is creating new complexities for the energy exporting economies of West Asia. With smaller profits, these countries may not be able to buy off political dissent at home and fund client governments and rebels abroad. Lower energy prices could also mean a renewed chance for peace
Courtesy: mining.com
This week Prime Minister Modi will meet his Australian counterpart Tony Abbott for the second time in two months. New Delhi and Canberra have already signed a civil nuclear deal which will supply much needed uranium to India’s reactors and remove a big thorn in the relationship between the two nations. The deal is the pivot to take the bilateral forward