Stanford, April 18 (IANS) Nuclear power could anchor India’s energy independence, former US Energy Secretary and Nobel Laureate Steven Chu said, warning that geopolitical tensions are exposing vulnerabilities in global fuel markets.Chu, who led US energy policy during a period of expanding clean energy cooperation with India, said the bilateral relationship had been strong and focused on sustainability goals.“Well, when I was energy secretary, I had really close warm relationships with my co…
Latest Energy Independence News & Updates
New Delhi, April 8 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the revision of the HPCL Rajasthan Refinery Limited (HRRL) project cost from Rs 43,129 crore to Rs 79,459 crore and additional equity investment of Rs 8,962 crore by the Hindustan Petroleum Corporation Limited (HPCL).The total equity investment of HPCL after the increment will be Rs 19,600 crore, according to an official statement.HRRL is a 9 million metric t…
Sydney, April 4 (IANS) Australian Energy Minister Chris Bowen said on Saturday that Australia’s fuel supply “remains strong” and more petrol is getting to service stations across the country. Providing a weekly update on fuel supply, Bowen told reporters in Sydney that Australia had about 39 days’ worth of petrol, 29 days of diesel, and 30 days of jet fuel in reserve.”The fact these figures are effectively flat means fuel is going out the door to service stations and farmers, and fuel is going i…
New Delhi, March 26 (IANS) India is positioning itself as a global electro-tech manufacturing hub to ensure energy sovereignty, according to a report by the World Economic Forum (WEF), adding that as India shows the world a fast track to a superior energy future, other emerging markets are watching.New Delhi is forging a new path – industrialising on cheap solar and batteries rather than fossil fuels. It is bypassing the fossil fuel detour taken by the West and China, the report states.In 2012…
New Delhi, Feb 11 (IANS) Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Wednesday targeted the Centre and Finance Minister Nirmala Sitharaman over the India-US trade agreement and the reported tax concessions extended to foreign cloud service providers, claiming that the arrangement is detrimental to India’s economic and strategic interests.Participating in the debate on the Union Budget, Gandhi criticised the government’s policies on data and taxation while taking a swipe at the Fi…
New Delhi, Jan 27 (IANS) Prime Minister Narendra Modi inaugurated the fourth edition of India Energy Week (IEW) 2026 conclave virtually on Tuesday and hailed the India-EU Free Trade Agreement as “Mother of all deals” and an “excellent example of synergy” between two of the world’s largest economies. Addressing the delegates at the event in South Goa after the virtual inauguration, PM Modi said, “You all have come to India to discuss energy and sustainability; I welcome everyone. India Energy Wee…