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PM Modi brings about sea change in energy sector

The Modi government also made its mark in the hydrocarbon sector with a bang. The National Democratic Alliance (NDA) government shot down the erstwhile UPA government’s pricing formula which would have doubled natural gas prices from $4.2 per million British thermal units (mmBtu) to over $8 per mmBtu. The new government deferred the hike in […]

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Global body gives India poor rating on nuclear safety, may stall entry into Nuclear Supplier Group

– by Dipanjan Roy Choudhury, Economic Times Ahead of the annual plenary session of the Nuclear Suppliers Group, which is expected to discuss the case of India’s membership to the coveted global body, the country has questioned Nuclear Threat Initiative (NTI) for rating the security arrangements at its nuclear installations as poor and below mark. […]