India’s PM to gift solar energy project to his parliamentary constituency tomorrow
The cost of this project is Rs 17.24 crore.
The cost of this project is Rs 17.24 crore.
In separate advisories, local Philippine oil companies said they would cut the prices of gasoline by P1.20 per liter; diesel, P1.85 per liter; and kerosene, P2 per liter.
The most significant fallout of the Russia-Ukraine war was its impact on the energy market and South Asia was no exception, says the writer.
Earlier this month, the oil industry was reportedly facing trouble in arranging crude oil and petroleum products due to the prevailing prices.
Operations at the seven-reactor plant in Niigata Prefecture have been suspended due to deficiencies in Tokyo Electric Power Co.’s antiterrorism measures.
Many companies, the majority of them Chinese, have established facilities in the country to manufacture solar cells and modules.
The increases come a week after local oil companies cut their prices by P1.30 (diesel), P0.70 (gasoline) and P1.80 (kerosene).
The project is set to generate revenue in foreign currencies to the Lao government, and create jobs for local people during the construction and operation periods.
Though officially still kept under tight wraps, the agreement has lately been published by a news portal and a number of whistleblowers in public interest.
The hike in electricity comes in line with the commitment made to the International Monetary Fund for a $4.7 billion loan programme.