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No surprise that India has been beaten by China for oil exploration bids in Myanmar, Kazakhstan and elsewhere over the past few years. With serious shortages and blackouts seriously affecting and threatening India’s economic growth, India is looking to Africa, South America, Pakistan, and elsewhere for new supplies.
Read article at Bloomberg

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February 28, 2008 (Renewable Energy World) -
Moser Baer PV steps up its plans to change the way India receives electricity. 
The company, a relatively new entrant in the solar photovoltaic (PV) market, has recently announced a series of new initiatives. These include setting up India’s largest grid-connected solar farm in the sunshine abundant state [...]

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February 4, 2008 (Company release) – Fairchild Semiconductor, a global supplier of high-performance products that drive energy-efficiency, has opened a design center in Pune, India. This research and design (R&D) center will be responsible for designing and developing the company’s new generation of power MOSFETs and IGBT technology to support popular applications such as solar [...]

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February 20, 2008 (Economic Times) – Politics and jittery equity indices are making the global carbon credit markets nervous. Carbon credit prices have plunged in the last few weeks. This could be troubling for major supplier India, which sold 20 million carbon credits in 2007, and has a larger number in the pipeline. The bad [...]

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February 14, 2008 (Live Mint) – Infrastructure company Lanco Infratech Ltd is planning to set up one of the country’s largest wind turbines manufacturing facilities, to take advantage of shortage of wind turbines in the global and domestic markets, according to chairman Lagadapati Madhusudhan Rao. Lanco proposes to set up wind turbines facility close to [...]

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February 15, 2008 (Financial Express) – India’s carbon market is growing faster than even information technology, bio technology and BPO sectors as 850 projects with an investment of a whopping Rs 65,000 crore are in pipeline. The revenue from 200 projects is estimated at $2 billion till 2012, according to Prodipto Ghosh, member of the [...]

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February 14, 208 (IANS)- State-owned Power Finance Corp Ltd (PFC) Thursday inked a memorandum of agreement (MoA) with West Bengal Green Energy Development Corp Ltd (WBGEDCL) to set up India’s first grid-connected solar power plant. The 2-MW photovoltaic plant would come up at Dishergarh Power Station Complex near Asansol in Burdwan district of southern West [...]

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February 14, 2008 (Economic Times)- India’s failure to agree a biodiesel policy has forced firms to shelve expansions plans, putting it way behind energy-hungry rivals like China in the drive to greener fuels, a top industry representative said. The delay has also left edible oil processing companies, which have built capacity to turn 1.2 million [...]

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February 15, 2008 (Asia Times) – The 2005-07 spike in petroleum prices topping out at US$100 a barrel has prodded economic planners across the globe to reconsider their energy options in an age of growing concern over global warming and carbon emissions. The Southeast Asian economies, beneficiaries of an oil and gas export bonanza through [...]

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February 12, 2008 (The International News) – A household can lit a candle or an emergency light to illuminate the house, but it does not work for the industry, as it requires uninterrupted power supply. Industry is facing a production loss due to current power crisis.
Korangi Association of Trade and Industry (KATI) President Shaikh Fazal [...]

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