July 2015

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Renewable Costs

Global power demand today is about 12.5 terawatts, which is likely to grow to 17 terawatts by 2030, the U.S. Energy Department reports. Meeting that demand with renewable power certainly won’t be cheap. Mark Jacobson,…


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Vedanta Q1 revenue falls marginally

MUMBAI: Vedanta Ltd posted a marginal fall in revenue for the quarter ended June 30, hurt by continued decline in commodity prices. However, consolidated net profit for the quarter, its fiscal first, rose 131 percent…


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NTPC, Jharkhand sign MoU to scale up Patratu power plant

RANCHI: NTPC and the Jharkhand government today signed a memorandum of understanding for expansion of the Patratu thermal power station and increase in power production. This came nearly three months after the two sides signed…



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Environment ministry seeks report on coal mines

New Delhi:The environment ministry has asked the coal ministry to provide efficiency details of coal mines across the country in the wake of the government facing criticism for diverting forest land for mining and underutilization…