Daily Archive: April 15, 2017

Centre plans to auction six coking coal mines

The Centre plans to auction six coking coal blocks, a move that may help in augmenting the supply of the fuel used for steel-making, to cater to growing demand. “The Coal Ministry will put...

IDFC Alternatives eyes First Solar’s India assets

IDFC Alternatives, the asset management arm of the infrastructure-focused lender, is in talks to buy First Solar’s 200 megawatts (MW) of renewable power assets in India in a deal potentially valued at around $200...

Delhi’s inefficient electricity subsidies

Who doesn’t like discounts or freebies, especially from the government? Subsidies aren’t inherently wrong—they can help keep goods and services affordable, and encourage “good” things like education. The challenge is making them efficient and...