AC Energy Inc, part of Philippine conglomerate Ayala Corp, on Monday said it could sell a stake of up to 50 percent in its coal-fired energy unit, using funds from the deal to boost its renewables business in Southeast Asia.
Scientists have developed a novel self-assembling battery device that can be recharged within seconds and could power mobile devices of the future.
Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc’s newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world’s biggest buyer of the fuel.
With rising crude prices and a depreciating rupee, petroleum is bound to get more expensive. Diesel had already reached its all-time high and petrol too, at 76.24 per litre in Delhi, hit a new high on Sunday, breaking its Sept 2013 record. TOI analyses petrol prices:
In a major relief to residents of the city, Chandigarh administration is going to extend six months’ period to install solar panels in the houses of 1 kanal and above. Senior officers of Chandigarh administration, on the request of the residents, discussed the matter last week and finally decided to give this one-time relief to the resident.
Gautam Adani-led Adani Enterprises is set to make a big-ticket entry into electric buses manufacturing, at least three people in know of the development said.
Adani Group has committed initial capital of Rs 500 crore to its lending arm Adani Capital. The Gujarat-based conglomerate is looking to expand financial services business at a time when burgeoning bad loans have made state-run banks picky in bankrolling projects.
Coal imports by power utilities fell by 22.23% to 3.73 million tonnes in April mainly due to decline in shipments by imported coal based power projects in the country.
British power company Drax will start work this month on a pilot bioenergy carbon capture and storage (CCS) project at its plant in Yorkshire, northern England, it said on Monday.
The industrial hub of Indore, popular for its mouth-watering ‘poha’ and other snacks, is in a spic and span form after bagging the cleanest city tag in the ‘Swachh Bharat Abhiyan’ for the second year.