Nepal Purbadhar

आइतवार, पुस ७, २०८१
Sunday, December 22, 2024

आइतवार, पुस ७, २०८१
Sunday, December 22, 2024

International

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India, World Bank looking to spur lending for electric vehicles

India, World Bank looking to spur lending for electric vehicles

India’s government and the World Bank are in talks to introduce a risk-sharing mechanism to compensate banks giving loans for electric vehicle purchases, an official said, as the country seeks to decarbonize the transport sector.

Energy
ADB Signs $52 Million Loan with Masdar to Build Largest Wind Power Plant in Central Asia

ADB Signs $52 Million Loan with Masdar to Build Largest Wind Power Plant in Central Asia

TASHKENT,UZBEKISTAN-The Asian Development Bank (ADB) and Shamol Zarafshan Energy Foreign Enterprise Limited Liability Company (SZE), a wholly owned subsidiary of Abu Dhabi Future Energy Company Private Joint Stock Company (Masdar), signed a $52 million loan

Breaking News
Why is green energy infrastructure booming despite global economic woes?

Why is green energy infrastructure booming despite global economic woes?

IVANA SMOLENOVA, RENEWABLE ENERGY INVESTO That is not to say the sector has been immune to the challenging environment of the last two and a half years. With global value chains severely disrupted by Covid-19

Economy
US to build the world’s largest green hydrogen storage

US to build the world’s largest green hydrogen storage

KATHMANDU: The US is developing the world's largest green hydrogen storage in the State of Utah. Aces Delta, Mitsubishi Power Americas, and Magnum Development are going to build an underground hydrogen storage facility with a

International
Russia bans Western investors from selling banking, key energy stakes

Russia bans Western investors from selling banking, key energy stakes

MOSCOW - Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the year, stepping up pressure in the sanctions stand-off with the West.

Breaking News
India and Egypt sign MoU to set up a green hydrogen plant with investments of $8 billion

India and Egypt sign MoU to set up a green hydrogen plant with investments of $8 billion

India and Egypt have signed an MoU to set up a green hydrogen plant with an investment of $8 billion and a capacity of 220,000 tonnes annually in the Suez Canal Economic Zone. Egyptian Prime

Breaking News
Return of coal a threat to European companies’ ESG ratings

Return of coal a threat to European companies’ ESG ratings

LONDON/FRANKFURT (Reuters) - European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social, and governance ratings, leaving them scrambling to impress investors still vocal on sustainability. Despite

Breaking News
 Power crisis hits dozens of states in India with power cuts

 Power crisis hits dozens of states in India with power cuts

KATHMANDU: Inflicted by a constant rise in the price of coal in the international market, India is facing an energy crisis in the domestic power market.  Due to the months-long Russia-Ukraine war, the price of

Breaking News
A pumped storage project built over 14 years to stabilize Europe’s grid

A pumped storage project built over 14 years to stabilize Europe’s grid

KATHMANDU, The European country Switzerland has constructed and put into operation a 900 Mw pumped storage hydropower project. The Nant de Drance Pump Storage Hydropower Project, built in Valais, Switzerland, has been put into operation