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PM to launch revamped power distribution scheme on July 302 hrs ago

Core sector output expands by 12.7 pc in June2 hrs ago

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It is a quintessential example of an economy that will need to immediately think of what to do when India starts to 'phase down' coal as promised at the annual global climate change conference (COP26) last year.

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The renewable purchase obligation (RPO) specified by the union power ministry for the last three financial years was 17.5 per cent in FY20, 19 per cent in FY21, and 21 per cent in FY22. However, compliance by state distribution companies has been very low.

While contracts for oilfields awarded since 1999 gave producers the freedom to sell oil, the government fixed buyers for crude produced from older fields, such as Mumbai High of ONGC and Ravva of Vedanta.

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