The Indian federal government has recently brought out a package of nearly $12 billion to rescue the different state-owned distribution power utilities which were facing multiple problems due to the COVID-19 crisis. They were facing the problem of declining demand on one hand and the problems of collections of utility bills on the other, as […]
The Indian renewable energy sector saw a decent performance in 2019 despite the headwinds facing the Indian economy with growth slowing down to multi-year lows. The Indian solar capacity increased by 7.3 GW as per Mercom and there was another 25 GW plus of solar projects under construction which means that the growth in the […]
Stressed Indian sectors that had unsustainable business models and high debt before the COVID crisis are now facing an acute crisis on their own as their large debt burdens become unsupportable since revenues and profits dry up. Many of these sectors and companies do not have the money to pay down their interest and fixed costs. The […]
Indian policymaking over the strong support being given for the development of Electric Vehicle and its associated infrastructure is worrying the Indian oil and gas industry. India is one of the largest markets for the oil and gas industry and very important as it is one of the few markets which is growing. Besides foreign […]
Turning India into a Battery Storage Powerhouse In its recent Financial Budget announcement, the finance minister of India said that incentives would be provided to build large factories making solar cells, lithium battery storage and electric vehicles. The thinking in the top Indian policy making circles is that India has missed the solar manufacturing bus […]
Go Green With These Home Tips Whether you’re looking to renovate your new home, or you’re faced with short sale and looking to improve your house’s value, it is always a good time to renovate your home to be more environmentally friendly. Having an eco-friendly home will not only help our planet by going green, […]