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Cash-strapped Indian airline SpiceJet grounded

NEW DELHI (AP) — Low-cost Indian airline SpiceJet grounded all flights Wednesday after oil companies stopped supplies of jet fuel to the financially beleaguered carrier.

No SpiceJet flights had taken off Wednesday and passengers were making arrangements to shift to other airlines, a Delhi airport official said speaking on condition of anonymity because he was not authorized to speak to the media.

Putin turns to India to clinch new deals

NEW DELHI (AP) — Facing a stumbling economy at home and increasingly biting Western sanctions, Russian President Vladimir Putin sought Thursday to strengthen once-close relationship with India through an ambitious plan to help New Delhi build at least 12 new nuclear reactors.

Putin and Indian Prime Minister Narendra Modi ended a day of talks by announcing a clutch of agreements in energy and defense, including a plan to manufacture advanced Russian military helicopters in India, and the possibility of exporting them to other countries.

India plans 5-fold increase in clean energy

India says it is taking bold steps against climate change with plans for a five-fold increase in renewable energy capacity.

However, Environment Minister Prakash Javadekar said the country won't act to curb carbon emissions because it first must pursue economic growth to eradicate poverty.

A handful of countries contributes most to climate

WASHINGTON (AP) — Six countries produce nearly 60 percent of global carbon dioxide emissions. China and the United States combine for more than two-fifths. The planet's future will be shaped by what these top carbon polluters do about the heat-trapping gases blamed for global warming.

They are: China, the U.S., India, Russia, Japan and Germany.

Pollution could pressure India on climate change

Source: 
The New York Times

Hazardous pollution levels could move India to join China in taking significant steps to curb greenhouse gas emissions, The New York Times reports.

Nepal signs Indian power deal during Modi visit

KATMANDU, Nepal (AP) — Nepal signed an agreement Tuesday for an Indian company to build a $1 billion hydroelectric plant to boost supplies in the energy-starved Himalayan nation and export power to India.

The move comes as regional leaders, including Indian Prime Minister Narendra Modi, arrived in Nepal for a meeting of the South Asian Association for Regional Cooperation.

India to sell off energy stake

Source: 
The Wall Street Journal

A chunk of either Coal India or Oil & Natural Gas Corp. will go on the market in early December, a finance ministry official told The Wall Street Journal, as India’s government moves to raise billions of dollars to reduce its deficit by courting private investors.

Nepal to sign India power deal during Modi's visit

KATMANDU, Nepal (AP) — Nepal is signing an agreement Tuesday for an Indian company to build a $1 billion hydroelectricity plant to boost supplies in the energy-starved Himalayan nation and to export power to India.

The move comes as regional leaders, including Indian Prime Minister Narendra Modi, are arriving in Nepal for a summit of South Asian Association for Regional Cooperation.

India’s Praj Industries focuses on bioethanol

Source: 
The New York Times

The New York Times interviews Pramod Chaudhari, founder of Praj Industries, which has grown over the past three decades into a firm specializing in bioethanol as well as biochemical technologies and waste water.

Climate change risk from India’s coal plans

Source: 
The New York Times

India’s plans -- backed by Power Minister Piyush Goyal -- to double its use of domestic coal in a push to get more people access to electricity could threaten the global fight against climate change, The New York Times reports.

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