Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Power, is all smiles, when he says that in 2023-24, renewable power capability auctions got here as much as a document 70 GW, primarily based on which he foresees a shiny future for the Indian renewable power sector. Additionally learn:Gujarat plans ₹96,000 crore transmission infrastructure push … Read more
Sri Lanka has accepted a 20-year energy buy settlement between the island nation’s authorities and Adani Inexperienced Vitality for the event of 484 megawatt wind energy stations within the northeast area. Additionally learn:Displacing Chinese language venture, Indian agency set to construct hybrid energy programs in Sri Lanka’s northern islands “The negotiated tariff price of $0.0826 … Read more
India, the world’s second largest coal shopper, on Friday surpassed the milestone of manufacturing one billion tonnes of coal and lignite. Additionally learn:Govt open to supply closed and deserted coal mines to personal sector underneath income sharing mode, says Coal Secretary The world’s second largest producer, after China, additionally surpassed FY23’s coal and lignite manufacturing … Read more
Because the Adani group marches in direction of its ambition of putting in 45 GW of renewable vitality by 2030, its officers thank their most distinguished instructor – the Kamuthi photo voltaic plant. Additionally learn: Prime Minister to inaugurate NLC India’s 300 MW photo voltaic plant in Rajasthan tomorrow The 648 MW plant unfold over 2,500 … Read more
Goal: ₹4,600 CMP: ₹3,961 Siemens, in its analyst meet, highlighted progress alternatives throughout segments, plans to demerge its power division, and plans to extend localization throughout segments. The corporate is optimistic about progress prospects within the home market throughout authorities and personal capex. Additionally it is constructive about alternatives rising from new areas equivalent to … Read more
The preliminary public providing (IPO) of Hyderabad-based precision elements producer Azad Engineering will stay open throughout 20-22 December, 2023. The entire supply is price round ₹740 crore out of which ₹240 crore is contemporary problem and ₹500 crore is a proposal on the market. The proceeds from the contemporary problem shall be utilised for pre/reimbursement … Read more