Two lakh Street Lights replaced in the South Delhi Municipal Corporation Area; Rs. 135 crores to be saved in next 7 years
Union Minister of Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal dedicated the LED based Street Lighting National Programme (SLNP), currently running in the South Delhi Municipal Corporation (SDMC) area, to the Nation here today. It is the World’sLargestStreet Light Replacement Programme, which is being implemented by the Energy Efficiency Services Limited […]
MD Ashvini Kumar said SECI is committed to finalise 5,500 MW of solar energy in next few years for which PPAs to produce 3,200 MW are already in place.
Solar Energy Corporation of India (SECI) said on Monday that it will shortly float tenders for putting up 2300 mw of solar power projects. Alongside, SECI said it has also signed Power Purchase Agreements (PPAs) with various stakeholders for 3,200 MW of solar power.
The Motor Vehicle (amendment) Bill that proposes hefty fine and stringent punishment for traffic violations will be introduced in the budget session of parliament provided it is received from joint select committee of parliament, said Union Transport Minister Nitin Gadkari.
State to derive an Overall Net Benefit of approximately Rs. 11,000 crores through UDAY. The State would have savings of about Rs.950 cr. in annual interest cost through reduction of debt and through reduced interest rates on the balance debt.
In a significant move and following months of persuasion by the Centre, Tamil Nadu came on board the power ministry’s flagship scheme UDAY. By signing the MOU under UDAY, the State Government is taking over 75% of debt of Rs. 30,420 crores of TANGEDCO. The scheme also provides for the balance debt to be re-priced or issued as State guaranteed Discom bonds, at coupon rates around 3-4% less than the average existing interest rate.
The shares of consumer electrical makers such as Havells, Finolex Cables, Bajaj Electricals, V-Guard Industries and Crompton Greaves Consumer are poised to outperform the market over the next year as these companies