Though temperature of Greece has been declining, people have been feeling the heat, the heat of soaring prices of fuel.

People are quite worried about their livelihoods, as a significant rise has been witnessed in fuel prices. Not a long time has passed when the government said that they have abolished the practice of tax breaks on heating fuels.

Power plant equipment maker BGR Energy Systems (BGR) Ltd has confirmed that it has bagged a Rs 1,548-crore order from state-run power giant NTPC.

The order was awarded for the supply of steam turbine and generators for the proposed 2 X 800 MW super thermal power project at Lara in Chattisgarh.

Renewable energy will get a boost while the government has unveiled five year plans to live up to it green energy targets by 2020.

The plans were revealed on Tuesday as the government has made a decision to invest as much as 600 million pounds in the biomass projects. Such products will make use of straw and sawdust kind of materials to burn them and generate power.

Monday, Prime Minister Boyko Borisov and his Greek counterpart Antonis Samaras were at a joint press conference, where the PM has announced that the construction of the Bulgaria-Greece gas link would probably begin in March 2013.