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‘Energy’ News

Brazil plans to build 60 nuclear plants

Saturday, September 13th, 2008

Rio de Janeiro, Sep 13 (Xinhua) Brazil has plans to build up to 60 nuclear plants of 1,000 mw each over the next 50 years. “The general idea is to build one plant per year,” Mines and Energy Minister Edison Lobao said Friday during a visit to the country’s third nuclear power plant, Angra 3 now under construction. (more…)

Global nuclear energy capacity to increase

Saturday, September 13th, 2008

Vienna, Sep 13 (DPA) The UN nuclear agency has raised its long-term projections for nuclear power growth, as countries are seeking stable energy prices and energy security. Global nuclear electricity production capacity will rise to between 473 and 748 gigawatts in 2030, the International Atomic Energy Agency (IAEA) has noted in its latest annual outlook on nuclear power. (more…)

Three US lawmakers set against beating the clock on n-deal

Saturday, September 13th, 2008

Washington, Sep 13 (IANS) Three Democrat lawmakers have cautioned the US Congress against rushing through with a vote on the landmark India-US civil nuclear deal “waiving US law through unorthodox procedure” to beat “an imaginary clock”. (more…)

Dual pricing for diesel under consideration

Friday, September 12th, 2008

New Delhi, Sep 12 (IANS) The petroleum ministry is considering bringing a dual pricing policy for diesel so that bulk users are charged a higher retail price, a senior official said here Friday.
Speaking to reporters, Petroleum Secretary R.S. Pandey said the dual pricing policy “is under consideration right now”, in which “bulk users would be charged more”.

NSG not to sell sensitive technologies to India: Report

Friday, September 12th, 2008

Washington, Sep 12 (IANS) While granting its waiver, the Nuclear Suppliers Group (NSG) privately agreed not to sell sensitive technologies to India, a US daily reported Friday, adding fuel to the fire over the India-US civil nuclear deal. (more…)

Russia has enough gas, Medvedev assures Europe

Friday, September 12th, 2008

Moscow, Sep 12 (RIA Novosti) Russian President Dmitry Medvedev dismissed speculation Friday that his country would not have enough natural gas for European consumers and pledged to launch new fields if the market grows. (more…)

Fuel price cut ruled out despite falling global rates

Friday, September 12th, 2008

New Delhi, Sep 12 (IANS) The government will not cut fuel prices despite the continuous fall in global crude prices, said Petroleum Minister Murli Deora here Friday. “I welcome that crude prices have come down,” Deora told reporters on the sidelines of a function here. He, however, said there would be no immediate downward revision of fuel prices in the country. (more…)

`Rs.200 mn spent daily on Haryana’s electricity sector’

Friday, September 12th, 2008

New Delhi, Sep 12 (IANS) Haryana is spending nearly Rs.200 million everyday on development of the state’s electricity sector, an official said here Friday. “During the 11th five-year-plan, the state government plans to spend Rs.255.24 billion on power generation, transmission and distribution network, apart from the investment to be made by private sector and renewable energy department,” said Ashok Lavasa, state’s financial commissioner and principal secretary (power). (more…)

Manmohan, Sarkozy to discuss nuclear cooperation: French envoy

Friday, September 12th, 2008

New Delhi, Sep 12 (IANS) India and France “technically” have an agreement on cooperating in civilian nuclear energy and this will be at the centre of talks between Prime Minister Manmohan Singh and President Nicolas Sarkozy when they meet later this month, the French ambassador to India said here Friday. (more…)

Key policy changes needed to free India’s n-power business

Friday, September 12th, 2008

New Delhi, Sep 12 (IANS) India Inc. may be gung ho over the country joining the nuclear club but experts say some key policy issues need to be addressed before domestic firms can get into the atomic power business, seen as a $40 billion investment potential. (more…)

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