India's energy sector News
Modi also welcomed all possibilities for innovation and research in the oil and gas sector, the release said, adding that he flagged the potential of biomass energy and invited participation and joint ventures in the coal gasification.
Canadian entrepreneur Nofel lzz has invented a tidal turbine that can harness the kinetic energy found in in moving bodies of water.
India's energy sector is facing problems on account of regulations on pushing new sustainable technologies which need to be changed in step with changing times and technology, industrialist Ratan Tata said Moday.
The Supreme Court's verdict to cancel all but four coal mines allocated since 1993 will have a serious ramification for the energy and steel sectors hitting their bottomlines and fines imposed alone could amount up to Rs 7,300 crore, rating agencies said Friday.
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