Executing on a strategic decision to focus on the U.S. onshore wind energy market, BP has exiting from other countries. It has just sold 100 MW of wind energy capacity in India to Green Infra Limited, an independent power producer backed by India’s infrastructure-focused private equity group, IDFC. BP’s decision mirrors those of Shell and […]
European refineries on sale
Several refineries are being sold in Europe — see table below based on Reuters data — because of moderating demand for fuels, the resulting overcapacity, growing share of biofuels, and anticipated expense associated with reducing carbon emissions. It is interesting that most bidders are the emerging economies such as India, China, and Russia, where rapid economic […]
Natural gas in India
Dr. Vijay Kelkar, Chairman of India’s 13th Finance Commission, is an eminent economist and public policy intellectual widely recognized within India as an unrelenting champion of privatization, liberalization, and market-based economic and financial policies. Over his long and distinguished career in public service, Dr. Kelkar has made numerous contributions to public policy with his revolutionary […]
