BLOOMBERG India’s state-controlled nuclear power industry is considering allowing greater participation of private firms, with an aim to developing small modular reactors to help decarbonise industry. The country is reviewing its six-decade-old atomic energy law to allow more involvement from non-state companies,federal atomic energy minister Jitendra Singh said in a written reply to questions in parliament. India currently allows private ...

BLOOMBERG The UK may need to overhaul its renewable energy subsidy auctions to deliver on its net zero target, according to the head of utility SSE PLC. While Britain has long been the world leader in offshore wind power, projects have been put at risk by rapidly falling subsidies that can’t match rising prices. Swedish developer Vattenfall AB shelved a ...

BLOOMBERG IndiGo, India’s biggest airline, posted record quarterly profit in the three months through June, as the demand for travel surged and a smaller competitor’s insolvency funneled a windfall of business. The carrier reported net income of 30.87 billion rupees ($374 million) in the quarter, almost double analysts’ forecast of 17.6 billion rupees, it said in a stock exchange filing. ...