The Centre’s drive to ensure adequate coal supply linkages to thermal power plants by way of the new coal linkage scheme, called Shakti, may not benefit these power producers, at least not in the near term.
It is facile to say that US President Donald Trump is misinformed about the Indian coal sector. He is usually, on so many issues.
The greenest power is the power you don’t have to produce – Anonymous
The most appropriate reaction to the announcement of the intended withdrawal from the Paris Accord by the President of the United States is for other member countries of the Paris Accord to be even more resolute in implementing their commitments
Crompton Greaves Consumer Electricals surged 4.65% to Rs 242 at 13:51 IST on BSE after a bulk deal of 7.89 lakh shares was executed on the scrip at Rs 237 per share at 09:25 IST on BSE.
The State Bank of India (SBI) today announced financing of rooftop solar projects worth Rs 400 crore, with private developers. This would add at least 100 Mw of rooftop solar capacity to the grid, and is a significant step towards meeting the Central government’s target for 40 Gw of rooftop solar installations.
Sajjan Jindal-led JSW Steel got the go ahead to set up its 10 million tonne steel project in the state at Paradip at a cost of Rs 50,000 crore. The steel project when fully operational promises to create around 30,000 jobs.
After years of resistance from local farmers and environmental activists, the proposed 6,000 megawatt (Mw) nuclear power project in Mithi Virdi, Gujarat, has been disallowed by the Union ministry of environment and forests, the latter formally confirmed.
The consolidation among public sector oil companies could start with a merger, rather than a takeover. Senior government officials say a merger or an amalgamation could obviate the need for an open offer to buy equity from minority shareholders.
India will abide by its existing commitments under the Paris Agreement regardless of whether the US President Donald Trump pulls out from the global climate change compact or not.
Prime Minister Narendra Modi and Russian President Vladimir Putin meet on Thursday for an annual summit the highlight of which is expected to be the signing of an agreement to build the last two units of the Kundankulam nuclear power plant with Moscow’s help.