Redevco, one of Europe's largest real estate investment and development firms, with a $10 billion portfolio, is understood to be looking at investing around Rs 300 crore in various projects of Bangalore-based Sobha Developers.
A day into the Copenhagen climate change meetings, the Union ministry of new and renewable energy has indicated that it has no definite roadmap to implement its ambitious target of 20,000 MW of solar power by 2022.
National Conference president and Union Minister for New and Renewable Energy, Farooq Abdullah has said that Kashmir has been and will always remain a part of India.Abdullah said, "Many innocent children died (during the recent unrest in Kashmir). Many of our security persons got hurt. But that is the price India has to pay if it has to remain united. Those forces that work to divide us."
Jammu and Kashmir politicians have welcomed the Union home minister's decision to possibly reduce the number of troops in the state.
Maharashtra Navnirman Sena chief Raj Thackeray was one of the guests at the Prati-Kolhapur Festival, which was held at Shivaji Park in Mumbai on Monday.Thackeray, who donned a Kolhapuri headgear for the occasion, was his usual fiery self.
The expansion in headcount will come across nearly 13 of its business verticals including agriculture and nutrition, construction, automotives, renewable energy, textiles and chemicals.
Indiabulls Power, which is developing over 6,650 Mw from five thermal power projects by 2013, is planning to also bid for ultra mega power projects (UMPPs), besides foraying into renewable energy to grow as a major electricity producer. The company will bid for some of the coming UMPPs, after evaluating dedicated availability of coal and the market conditions, said Ranjit Gupta, chief executive officer, and Murali Subramanian, chief operating officer.
Power Grid Corporation of India (PGCIL) was one of the top Sensex gainers in trade on Monday, ending with gains of nearly 9 per cent. The stock has gained about 42 per cent year-to-date. For the March quarter, the company reported a revenue of Rs 12,000 crore, which was down 3 per cent year-on-year (Y-o-Y) but up 4 per cent quarter-on-quarter (Q-o-Q). The drop was on account of one-time arrears related to the Nagapattinam tariff bid competitive bidding (TBCB) project in Q4 FY23.
The number of carbon credits or certified emission reduction (CERs) issued for a cut in the release of greenhouse gases into the environment is set to triple in India over the next three years, due to a rising number of claims from rapidly growing renewable energy (RE) projects.
This is Rabi Rashmi Abasan, India's first "solar housing complex". Piloted by the West Bengal Renewable Energy Development Authority (WBREDA), the 26 villas in this complex are a showcase for the exciting possibilities that BIPV - building integrated photovoltaic - technology offers for residential projects of a similar nature.
Vinesh Phogat is a reminder that true champions are not just defined by their medals but by their character and their impact on society.
The clashes broke out this morning when protesters attending a non-cooperation programme to demand the government's resignation faced opposition from the supporters of the Awami League, Chhatra League, and Jubo League activists.
'Earnings will be the catalyst for markets to march higher from here on out.'
In a statement, Energy Secretary Earnest Moniz said this is the most ambitious initiative any president in history has taken to reduce heat-trapping emissions.
Union minister for new and renewable energy Farooq Abdullah came out strongly against tapping of phones, over the leak of tapes involving corporate heads, lobbyists and media personalities on Tuesday.
The policy brief for a Global Green New Deal, developed by economists and the UN ahead of the G-20 meeting of world leaders in London in early April, highlights the benefits of investing a significant amount of the $3 trillion-worth of global stimulus packages in five areas. The UN Environment Programme said these areas include raising the energy efficiency of old and new buildings, more emphasis on renewable energy sources.
2015 is going to witness new agreements on climate change.
As a board member, he will help USIBC provide strategic direction to US and Indian firms seeking bilateral investment opportunities and partnerships.
India will require a total investment of $10.1 trillion to achieve net-zero emissions by 2070, while the nation could face a shortfall of $3.5 trillion, a study by CEEW Centre for Energy Finance (CEEW-CEF) said. At the recently concluded COP26, Prime Minister Narendra Modi announced India's aim to achieve net-zero emissions by 2070. "India would need cumulative investments of $10.1 trillion to achieve net-zero emissions by 2070, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF)," a statement said.
Emphasising that everything is created from Sun, Prime Minister Narendra Modi on Tuesday called for 'One Sun, One World, One Grid' to improve the viability of solar power and announced that India's space agency ISRO will soon provide the world a calculator that can measure solar energy potential of any region across the globe. Addressing world leaders at the event 'Accelerating Clean Technology Innovation and Deployment' on the sidelines of the climate summit in Glasgow, Modi said that fossil fuel powered many nations to become wealthy during the industrial revolution, but it made the earth and environment poor.
The Central Bureau of Investigation has arrested former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in connection with alleged cheating and irregularities in loans sanctioned by the bank to the group in 2012, officials said on Friday. The CBI had booked Chanda Kochhar, her husband and Venugopal Dhoot of Videocon Group, along with companies Nupower Renewables, Supreme Energy, Videocon International Electronics Ltd and Videocon Industries Limited, as accused in the FIR registered under IPC sections related to criminal conspiracy and provisions of the Prevention of Corruption Act, they said.
The Union Cabinet on Wednesday cleared changes in the Act. Union Power Minister Piyush Goyal earlier this week said the Bill would be tabled in Parliament soon.
State-run Indian Oil Corporation plans to set up solar power panels and power plants at its over 18,100 retail outlets across the country at a cost of Rs 500 crore (Rs 5 billion).
Union Minister for New and Renewable Energy Farooq Abdullah on Wednesday late night met Telugu Desam Party president N Chandrababu Naidu at the latter's residence in Hyderabad.
Minister for new and renewable energy and environment Hardeep Singh Dang also proposed a collection of Rs 500 per month from those employees of the state government getting a monthly salary of more than Rs 25,000 for the protection of cows and law to ensure that all the sections of society contribute for protecting cows.
In a statement, the ministry of defence said the official winners were picked by panels of judges.
"The Sukhoi will invest Euro 2 billion (Rs 13,600 crore) for manufacturing about 25 to 50 super jets initially and later 100 aircraft at full capacity," Union Minister for New and Renewable Energy Vilas Muttemwar said on Friday.
Gautam Adani, India's and Asia's second-richest person, added $49 billion to his wealth last year - more than the net addition of wealth by the top three global billionaires Elon Musk, Jeff Bezos and Bernard Arnault, the 2022 M3M Hurun Global Rich List said on Wednesday. Mukesh Ambani, who runs the oil-to-retail conglomerate Reliance Industries, continues to be the richest Indian with a wealth of $103 billion, a 24 per cent rise year-on-year. Adani, the head of ports-to-energy conglomerate Adani Group, is a close second with his wealth surging 153 per cent to $81 billion.
Maharashtra is looking for potential investment from the US electric car major Tesla in the state and has held discussions with the company, weeks after Tesla revealed its plans to enter the Indian market.
Union Minister for New and Renewable Energy Farooq Abdullah on Friday said the government has installed 18,000 wind mills across the country with production capacity of 10,386 MW.
India will add about 9000 MW of wind power generation capacity during XIth Five Year Plan ending March 31, 2012, lower than previously targeted 11,000 MW.
The Centre currently charges 8 per cent CVD on the import of e-bike components. For making e-bikes, firms import motor, battery, and other electronic and mechanical parts from China and Taiwan. Over 55 per cent of components are imported. Also, in order to encourage the use of environment friendly vehicles, the government should provide at least 30 per cent subsidy on the purchase of bike under the New and Renewable energy policy.
For several months, there has been speculation among political circles in Amaravati that Priti Adani was most likely to be given one of the four Rajya Sabha seats on behalf of the ruling YSRC.
