The SPA stipulates the cumulative supply of more than three (3) million tons of LNG for a term of 15 years and will be delivered to LNG terminals in China on DES basis.

The NSE Nifty 50 index was up 0.77% at 14,820.45 by 0450 GMT, while the S&P BSE Sensex gained 0.63% to 50,061.21.

Unfortunately, nuclear energy in Japan currently accounts for just 6% of total power generation, while its share before the Fukushima nuclear accident was as much as 30%.

China saw the greatest increase in Asian LNG volumes during 2020, importing 67.4 Mt of LNG, up 11.1% on the 60.7 Mt imported in 2019.

The Nikkei 225 Index ended up 1.28% at 30,467.75, closing at its highest since August 1990.

Hydropower accounts for 13% of India's total capacity, with 50 GW (2019). Over 93 GW of new hydropower projects are in various phases of development.

One of the key mitigation measures is development of adequate energy storage capacity in India.

This dramatic growth in renewable energy capacity reinforces the fact that India is witnessing an unprecedented energy transition to low-carbon development,

Budget 2021-22 is a mixed bag in terms of support for India’s transition to a sustainable, low carbon economy.

Combined, they accounted for or 22,451 megawatts (MW) or more than three-quarters (78.09%) of the 28,751 MW of new utility-scale capacity reported to have been added last year. Wind (13,626 MW) and solar (8,543 MW) each contributed more new generating capacity than did natural gas (6,259 MW).

China grid companies will steadily increase the amount of power purchased from clean generation sources from 28.2% in 2020 to 40% by 2030,

The CSI300 index rose 1.7% to 5,781.43 points at the end of the morning session, the highest since Oct. 18, 2007, while the Shanghai Composite Index gained 1.0% to 3,640.65 points.

An expanding economy, population, urbanisation and industrialisation mean that India sees the largest increase in energy demand of any country, across all of our scenarios to 2040.

India's petroleum and steel minister Dharmendra Pradhan said stable energy markets will be crucial for both economic and demand recovery, and cooperation among consumers and producers is crucial to make that happen.

The blue-chip CSI300 index rose 1.5% to 5,564.56, while the Shanghai Composite Index added 1% to 3,532.45 points.