News for 'Renewable Energy'

Thousands participate in People's Climate March in Peru

Thousands participate in People's Climate March in Peru

Rediff.com11 Dec 2014

Organisers claimed that nearly 15,000 people participated in the march in the city which is hosting the crucial UN Climate Change Summit.

SC agrees to hear CBI's plea against Chanda Kochhar

SC agrees to hear CBI's plea against Chanda Kochhar

Rediff.com16 Oct 2023

The Supreme Court on Monday sought response of former ICICI Bank CEO-cum-MD Chanda Kochhar and her businessman husband Deepak Kochhar on a plea of the CBI challenging the interim bail granted to them by the Bombay high court in a loan fraud case. A bench of Justices Aniruddha Bose and Bela M Trivedi issued notice on the plea of the CBI and sought the response of the couple in three weeks.

Now MP to boast of world's biggest solar power station

Now MP to boast of world's biggest solar power station

Rediff.com16 Dec 2014

Asia's biggest solar power plant having the capacity to generate 130 mw was already functioning in MP's Neemuch district

Minister reiterates commitment to 24/7 power

Minister reiterates commitment to 24/7 power

Rediff.com8 Sep 2014

The Supreme Court order on what to do with the coal blocks allotted to power companies between 1993 and 2013, which it has already termed illegal, is likely on Tuesday.

Can election manifestos show the way to Viksit Bharat?

Can election manifestos show the way to Viksit Bharat?

Rediff.com18 Mar 2024

Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.

Energy bill gets US Congress approval

Energy bill gets US Congress approval

Rediff.com21 Dec 2007

The bill which passed on a bipartisan vote of 314 to 100, sets higher fuel economy standards for cars and light trucks for the first time in 22 years and requires the annual production of 36 billion gallons of renewable fuels by 2022.

Hindenburg row: Adani appoints Grant Thornton for audit

Hindenburg row: Adani appoints Grant Thornton for audit

Rediff.com14 Feb 2023

Embattled Adani group has appointed accountancy firm Grant Thornton for an independent audit of some of its companies in a bid to come clean of the damning allegations levelled by the US short-seller Hindenburg Research and to assure investors and regulators. Sources said the audit is primarily to show to regulators like the Reserve Bank of India (RBI) that the group has nothing to hide and it is in compliance with relevant laws. The audit will specifically look into if there was any misappropriation or repatriation of funds and if loans were used for any purpose other than the one they were intended for.

Govt fuels electric cars with Rs 1 lakh sop

Govt fuels electric cars with Rs 1 lakh sop

Rediff.com23 Nov 2010

Under the scheme, the government will provide financial incentives for each electric vehicle sold in India during the remaining part of the 11th Plan.

CBI draws flak for not objecting to Chanda Kochhar, husband's interim bail

CBI draws flak for not objecting to Chanda Kochhar, husband's interim bail

Rediff.com10 Oct 2023

The Supreme Court on Tuesday questioned the CBI over not objecting to repeated extension of the two-week interim bail granted in January this year to former ICICI Bank CEO-cum-MD Chanda Kochhar and her businessman husband Deepak Kochhar in a loan fraud case. A bench of Justices Aniruddha Bose and Bela M Trivedi asked Additional Solicitor General SV Raju, appearing for the CBI, as to why the probe agency did not resist repeated extension of interim bail granted to them by the Bombay high court on January 9. "This order is of January 9 and interim bail was granted for only two weeks. Why have you not resisted? Why are you permitting it to continue for such a long period?

Cyrus Mistry's assets may be divided among wife and sons

Cyrus Mistry's assets may be divided among wife and sons

Rediff.com30 Mar 2023

The billionaire Mistry family's estate is likely to soon change hands. The assets in the name of Cyrus Mistry, who died in September last year, may soon be divided equally among his wife Rohiqa and sons Firoz and Zahan, according to sources. The reorganisation will also include the 9.2 per cent stake in Tata Sons, which is currently in Cyrus Mistry's name and held through his investment company Cyrus Investments.

Modi thanks Qatari Emir for release of Navy veterans

Modi thanks Qatari Emir for release of Navy veterans

Rediff.com16 Feb 2024

Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.

Solar power in India is likely to cost 20% more. Here's why

Solar power in India is likely to cost 20% more. Here's why

Rediff.com22 Mar 2021

Glass shortage in China and the rising prices of imported glass used in finished solar panels have already hit the cost of solar panel imports. The cost of solar modules imported by India have increased 22 per cent since June last year. India imports close to 90 per cent of its solar cells and modules, of which nearly 80 per cent is from China. Domestic solar equipment makers import glass panels and are the largest suppliers in China. The price of a solar module glass has increased 150 per cent in the past six months, revealed industry estimates.

L&T likely to outperform guidance after strong Q1 FY25 performance

L&T likely to outperform guidance after strong Q1 FY25 performance

Rediff.com2 Aug 2024

L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.

'India will be a global hub for solar projects'

'India will be a global hub for solar projects'

Rediff.com16 Apr 2012

William D Gallo, president and chief executive officer, tells Sanjay Jog they propose to make India a hub to source solar technology for their international operations.

World's first solar-powered plane leaves Oman for Gujarat

World's first solar-powered plane leaves Oman for Gujarat

Rediff.com10 Mar 2015

The Solar Impulse 2, claimed to be the world's only solar-powered aircraft, took off from Oman on tuesday to head towards Ahmedabad.

China leads in combating climate change: UN

China leads in combating climate change: UN

Rediff.com16 Nov 2010

Two weeks ahead of the annual meet on climate change, to be held in Cancun, Mexico, the UN climate chief observed that there is 'optimism for the planet' since countries are taking climate change seriously at home.

Ramesh slams India Inc for not tapping green tech

Ramesh slams India Inc for not tapping green tech

Rediff.com3 Jun 2011

He said government's objective is to generate 20000 MW solar power by 2020.

'India needs $1 trillion for new infrastructure'

'India needs $1 trillion for new infrastructure'

Rediff.com28 May 2015

The Indian economy is expected to return to the pre-crisis growth trajectory of about 9 per cent in a couple of years.

'I Hope We Don't Get A Bubble Too Soon'

'I Hope We Don't Get A Bubble Too Soon'

Rediff.com21 Jun 2024

'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'

India unveils eco-friendly hydrogen-powered vehicles

India unveils eco-friendly hydrogen-powered vehicles

Rediff.com27 Aug 2009

India's minister of new and renewable energy, Farooq Abdullah unveiled the no pollution on the sidelines of the three-day world hydrogen technologies convention being held at India Habitat Centre in New Delhi on Wednesday.

'India can continue to be fastest growing economy this decade'

'India can continue to be fastest growing economy this decade'

Rediff.com12 Apr 2023

'With a solid investment programme and sustainable development strategy, India can exceed 7 per cent growth per year, or a doubling of high-quality national income within a decade.'

'Time for action by developing nations on climate change'

'Time for action by developing nations on climate change'

Rediff.com8 Aug 2014

Javadekar was addressing the 18th BASIC ministerial meeting on climate change here which is being attended by ministers of Brazil, China and South Africa.

Adani, Rajasthan govt to set up India's largest solar park

Adani, Rajasthan govt to set up India's largest solar park

Rediff.com9 Feb 2015

Adani, Rajasthan govt will set up solar power project of 5000 MW on its own in the next five years.

Govt ushers in de-layering in bureaucracy, jt secretary reports to secretary

Govt ushers in de-layering in bureaucracy, jt secretary reports to secretary

Rediff.com29 Mar 2023

The Centre has taken a major step towards increasing efficiency in decision-making by empowering joint secretaries to report to secretaries directly, officials said on Wednesday.

PFC to focus on pvt business, to float 2 arms

PFC to focus on pvt business, to float 2 arms

Rediff.com10 Feb 2010

PFC provides loan syndication, along with 18 other institutions, mostly banks and Life Insurance Corporation and Hudco, under the Power Lenders' Club.

The world's 10 biggest polluters

The world's 10 biggest polluters

Rediff.com7 Dec 2009

China is the world's worst polluting nation with the highest overall annual emission of greenhouse gases.

4 things that could change India in 2016

4 things that could change India in 2016

Rediff.com8 Jan 2016

More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.

Modi govt 3.0: Who is in, who is out

Modi govt 3.0: Who is in, who is out

Rediff.com10 Jun 2024

Over 65 Union ministers are likely to take oath, going by the visual of the meeting Modi held with his likely council of ministers.

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

Rediff.com6 Dec 2023

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.

Adani group strikes first coal from its Carmichael mine in Australia

Adani group strikes first coal from its Carmichael mine in Australia

Rediff.com25 Jun 2021

The Adani group struck first coal from its Carmichael, Australia project on Thursday and will start shipping to its customers according to schedule. With this, the project will not only lift the economic prospects of the hitherto barren Australian outback, but also help Indian power plants to source cheap coal. The project had faced protests from a section of population with several banks even refusing to fund it. The group, however, went ahead with the project which included construction of a brand new railway line connecting an Australian port to the mine -- situated 300 kilometers away in Queensland.

Reports of coal crisis baseless: Sitharaman

Reports of coal crisis baseless: Sitharaman

Rediff.com13 Oct 2021

Amid reports of the ongoing coal shortage in the country, Finance Minister Nirmala Sitharaman stressed that there is no shortage and termed these as "absolutely baseless", saying India is a power surplus country. Sitharaman said that Power Minister R K Singh went on record just two days ago when he said absolutely baseless information is floating around that there is probably shortage of coal, shortage of other inventories which will lead to a sudden gap in the supply demand situation in the energy consumption. "Absolute baseless! There is no shortage of anything. In fact, if I recall the minister's statement, every power producing installation has the next four days' stock absolutely available within their own premises and the supply chain has not broken at all," Sitharaman said at Harvard Kennedy School on Tuesday.

Champions League PIX: Big wins for City, Barca; Atletico stunned

Champions League PIX: Big wins for City, Barca; Atletico stunned

Rediff.com24 Oct 2024

IMAGES from the UEFA Champions League matches played on Wednesday.

Sulabh International founder gets UN Award

Sulabh International founder gets UN Award

Rediff.com12 Jun 2009

Bindeshwar Pathak, founder of Sulabh International that runs public toilets in India, was honored by the Intergovernmental Renewable Energy Organization at the United Nations headquarters in New York on Thursday for developing low cost toilet technology to produce energy out of human excreta.

Ambani's Target: China, not Adani

Ambani's Target: China, not Adani

Rediff.com9 Jul 2021

Reliance's big-bang entry across the solar ecosystem will cut dependence on Chinese imports drastically. And Ambani's repeated emphasis that RIL's new energy foray will be 'a truly global business' points that his group is playing not just for a share of the Indian pie but to be the OEM in the larger 5,000 GW global market by 2030, points out Shailesh Dobhal.

'India is a bright spot. Lot of hope for next two decades'

'India is a bright spot. Lot of hope for next two decades'

Rediff.com29 Mar 2024

'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'

PM arrives in Germany; will seek greater biz ties

PM arrives in Germany; will seek greater biz ties

Rediff.com10 Apr 2013

Singh is accompanied by External Affairs Minister Salman Khurshid, Renewable Energy Minister Farooq Abdullah, Human Resource Development Minister M M Pallam Raju and Science and Technology Minister S Jaipal Reddy.

Abu Dhabi's IHC exits two Adani firms

Abu Dhabi's IHC exits two Adani firms

Rediff.com28 Sep 2023

Abu Dhabi's International Holding Company, one of the first high-profile investors in billionaire Gautam Adani's conglomerate, has decided to sell its stake in two Adani companies. In a disclosure, IHC said it has "entered into a definitive agreement with a buyer to dispose of its FDI investment in Adani Green Energy Ltd and Adani Transmission Ltd". It, however, did not name the buyer.

Green groups urge US to back off Indian solar case

Green groups urge US to back off Indian solar case

Rediff.com5 Apr 2013

US Trade Representative's office in early February asked India for WTO consultations on its national solar program, the Jawaharal Nehru National Solar Mission.

Cairn offers to forego $500 mn if India agrees to pay principal due

Cairn offers to forego $500 mn if India agrees to pay principal due

Rediff.com11 Apr 2021

UK's Cairn Energy Plc has offered to forego $500 million and invest that amount in any oil and gas or renewable energy project identified by the Indian government if New Delhi agrees to honour an international arbitration award and returns the value of loss it incurred because of being taxed retrospectively, sources said. The Scottish firm invested in the oil and gas sector in India in 1994 and a decade later it made a huge oil discovery in Rajasthan. In 2006-07, it listed its Indian assets on the BSE. Five years after that the government passed a retroactive tax law and billed Cairn Rs 10,247 crore plus interest and penalty for the reorganisation tied to the flotation.