What’s happening around the world. INDIA august 2015

Rajasthan bets on private sector for power reforms

The plan to be implemented over four years assumes significance, as out of the accumulated losses of around Rs.3 trillion by the SEBs, Rajasthan alone accounts for Rs.90,000 crore.

Talks on India-EU free trade pact to start from August: Commerce Secretary

“Both the sides have agreed that negotiators must meet. We have conveyed that. Sometimes in August, the EU chief negotiator will be available for negotiations. They have also conveyed that in August they are available for talks,” Commerce Secretary Rajeev Kher told reporters here.

Japan’s foreign aid arm plans to finance India solar power parks

Other institutions such as Germany-based KfW Bankengruppe and World Bank also want to invest in solar parks

Shares of steel companies jump as govt raises import duty

Intra-day Tata Steel rose as much as 4.46%, Steel Authority of India jumped 4.48%, while JSW Steel gained 1.8%

India has 17.9% untapped energy-efficiency potential: Study.

“India has approximately 17.9 per cent of untapped electricity-efficiency potential and optimising industrial motor-driven systems could deliver overall savings up to 60 per cent on industrial electricity consumption…,” Siemens Financial Services said in a research finding.

Cabinet nod to US pact for setting up ‘clean energy’ fund

The Union Cabinet today gave its approval for a pact with US to establish the Pace Setter Fund of Rs 50 crore, which aims to accelerate commercialisation of innovation in off-grid clean energy solutions.

WTO rules against India in solar panels dispute with the US

Govt likely to appeal ruling that requires it to offer level playing field to domestic and foreign manufacturers

Govt unveils list of 98 smart cities; UP and TN get the most

Four cities with a population of above 5 million have been selected for the project—Chennai, greater Hyderabad, Ahmedabad and greater Mumbai

Railways can be solar power leader: Suresh Prabhu

Unveils plans to set up solar power plants on rly land under PPP model.