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India becomes net exporter of power for the first time

India has become a net exporter of electricity for the first time, the power ministry said on Wednesday, adding that upcoming cross-border transmission lines with neighbouring countries such as Nepal, Bangladesh and Myanmar will only increase sales.

 
 
Union Railway Minister Suresh Prabhu today said his Ministry has drawn up an action plan to save energy worth Rs 41,000 crore over the next ten years.
US West Texas Intermediate (WTI) crude oil futures were trading at $50.87 per barrel at 0235 GMT, down 17 cents from their last settlement.
Monday's gains take the rally since the agreement was struck on Wednesday to 18 percent for Brent, the highest in almost eight years, and 15 percent for US crude.
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