Daily Archive: October 14, 2015

Cairn India to exit Sri Lankan gas block

Cairn India will by month end exit its Sri Lankan gas block after two discoveries it had made were found to be commercially unviable. Cairn, whose main asset are the oilfields in Barmer district...

India’s Welspun Renewables bags USD 617m of funds

Indian renewable energy projects developer Welspun Renewables has secured some USD 617 million (EUR 541.6m) of debt and equity financing from its promoters and from existing and new investors. The company said in a...

Renewable energy: Green push needs a balancing act

At over 36,000 Mw, renewable energy contributes nearly 15 per cent of the country’s total installed electricity generation capacity. If the capacity addition of renewable projects such as solar and wind were to happen...

India eyes Africa’s 2,600 GW power pie

With the mega India-Africa summit in New Delhi later this month, India is eyeing a 2,600 GW pie over the next 10 years in Africa, which has 13 percent of the world’s population but...

In solar, small can be beautiful

Travelling through the German countryside takes one back to Rachel Carson’s Silent Spring, which chronicled the detrimental effects of pesticides on the environment. The landscape outside Berlin is a green expanse, like an endless golf...