Tag Archives: ministry of finance

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Regulation The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei (more…)

With the right moves, India’s renewables push could lift thousands of rural workers out of poverty

India’s major renewable energy push could be as much about poverty reduction and job creation as it is about energy security and climate change. The Narendra Modi government aims to install 175 gigawatts (GW, 1 GW = 1,000 megawatts) of renewable energy capacity in the country by 2022—and this is expected to (more…)

Nearly 40% of all new power capacity in India this year is solar

The solar energy sector has accounted for the largest capacity addition to the Indian electricity grid so far this year. It has contributed around 39%—over 7,100 MW—to the overall capacity additions, according to data from Mercom Capital Group, a US-based research and consulting firm. For comparison, solar energy capacity additions stood at (more…)

To help local firms, India may deal another blow to its struggling solar sector

India’s solar power sector is staring at yet another policy intervention that could put the viability of projects in the country under question. The Narendra Modi government is expected to impose an anti-dumping duty (ADD) on imported solar panels in order to boost sales of locally made ones. This is bound to (more…)