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India’s biggest solar project stalls as state balks at cost

  Bloomberg India’s biggest solar power project has stalled as the state which sought bids from generators says it can’t buy the energy at prices it had agreed upon. Winning developers in India’s Jharkhand state are still waiting to sign power purchase agreements almost a year after the tender. In March, Jharkhand awarded contracts to build 1.2 gigawatts of solar. ...

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Libya’s oil output at three-year high

  Bloomberg Libya is pumping 715,000 barrels a day of oil, the most since 2014, and is on track to keep boosting output this year as the country restores much of the production lost amid political chaos and conflict, the state oil company’s chairman said. Blockades at the North African state’s main oil ports have ended, and output may reach ...

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Delayed projects ease for Saudi’s Khodari

  Reuters Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons said that the total value of its delayed work as of Dec. 31 last year was 312.7 million riyals ($83.4 million), a slight improvement from the previous quarter. As builders in the kingdom rely on the government for most of their contracts they’ve suffered as the pace of ...

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