Synopsis: India first needs to manage the demand for petroleum Independent products, before expanding and diversifying the energy supply. How government can reduce dependence on petroleum? There are many things that the government can and should do to reduce dependence on petroleum. Firstly, the government should introduce a zero-emissions vehicle (ZEV) programme. It requires all… Continue reading How to become Petroleum Independent?
Tag: ECO_9
Saksham campaign and the importance of fuel conservation – Explained Pointwise
Introduction Recently, the Ministry of Petroleum and Natural Gas launched the month-long fuel conservation awareness campaign Saksham. Fuel conservation has become highly important in the present scenario. On the one hand, the petrol prices are for the first time, touching Rs. 100. On the other hand, India’s oil imports are expected to rise to 90%… Continue reading Saksham campaign and the importance of fuel conservation – Explained Pointwise
What are findings of “India Energy Outlook 2021”?
What is the News? International Energy Agency(IEA) releases the India Energy Outlook 2021 Report. About the India Energy Outlook 2021 This report aims to ensure reliable, affordable, and sustainable energy for a growing population. It explores the opportunities and challenges ahead for India. It examines the long-term impacts of the pandemic on India’s energy supply,… Continue reading What are findings of “India Energy Outlook 2021”?
Clean energy is the key to COVID-19 recovery
Synopsis – United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) report shows that energy demand reductions mainly impacted fossil fuels. But Renewable energy development continued to grow throughout 2020. This shows that clean energy is key to the COVID-19 recovery, not fossil fuels. Introduction- UN-ESCAP released the Regional Trends Report, 2021.… Continue reading Clean energy is the key to COVID-19 recovery
Petroleum & Natural Gas Ministry launches “SAKSHAM campaign”
What is the News? The Ministry of Petroleum and Natural Gas has launched a month-long mass awareness campaign ‘SAKSHAM’. About Saksham Campaign: Saksham is a fuel conservation campaign. Petroleum Conservation Research Association(PCRA) organized it. Aim: It will sensitize the masses about conservation and efficient use of petroleum products which will lead towards better health and… Continue reading Petroleum & Natural Gas Ministry launches “SAKSHAM campaign”
Why prices of Petrol and Diesel are rising?
Synopsis: Retail prices of petrol and diesel have reached record highs in India. One major reason is a heavy tax on Petrol and diesel in India. Introduction The price of petrol is touching Rs 89 per litre in Delhi and diesel reaching Rs 86.30 per litre in Mumbai. The government states that the reason behind… Continue reading Why prices of Petrol and Diesel are rising?
Tapovan Vishnugad Hydropower Project
What is the News? The rescue operations are still undergoing in Uttarakhand from a Tapovam tunnel located at the Tapovan-Vishnugad hydro project. Facts: Tapovan Vishnugad Hydropower Plant is a 520 MW run-of-river hydroelectric project(See image). It was constructed by National Thermal Power Corporation Limited(NTPC) on Dhauliganga River in Chamoli District of Uttarakhand. The power plant… Continue reading Tapovan Vishnugad Hydropower Project
Green Energy Initiatives in Budget 2021- Explained
Green energy initiatives are one of the most focused sectors in Budget 2021. India is already the 4th largest country in terms of total Renewable Energy installed capacity in the world. With the help of budgetary allocation and private participation, India has all the chances to be a global leader in green energy. But it… Continue reading Green Energy Initiatives in Budget 2021- Explained
Initiatives to promote “Ethanol as an alternate fuel”
What is the News? Union Minister for Petroleum and Natural Gas has informed Lok Sabha about the initiatives taken to promote ethanol as an alternate fuel. Ethanol: Ethanol or ethyl alcohol is a liquid that has several uses. At 95% purity, it is called rectified spirit and is used as the intoxicating ingredient in alcoholic… Continue reading Initiatives to promote “Ethanol as an alternate fuel”
“Reform-based and result-linked scheme” to revive discoms
Why in News? The Finance Minister proposed a plan to revive discoms. It will include a reform-based and result-linked scheme for electricity distribution companies(discoms). The Minister also announced a framework to provide electricity consumers, an option to choose from among more than one distribution company. This will end the monopoly of discoms and promote competition… Continue reading “Reform-based and result-linked scheme” to revive discoms
