Under pressure from the Joint Electricity Regulatory Commission (JERC) for restructuring and reformation, which is mandatory as per the Electricity Act, 2003, a proposal has been mooted for corporatisation of the department.
Sumant Sinha-led Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of ₹10,800 crore ($1.66 billion), the biggest M&A deal in the renewables sector, sources close to the deal said.
Chittaranjan Locomotive Works (CLW) was buzzing with activity till late on Saturday, the last day of financial year 2017-18.
Ghaziabad has become the first district in the state to have electricityin all its households. Chief minister Yogi Adityanathpraised the Centre’s Saubhagya scheme and said his government’s efforts to augment the powerinfrastructure through it would cover the entire state in the future.
After solar power, Madhya Pradesh is actively considering to push use of concentrated solar thermal technology (CST) in industrial clusters in the state because of inherent advantages.
The airport authorities here on Thursday said around 2,600 LEDs (light emitting diodes) have been installed in the facility, which has reduced the daily power consumption from 192KW to 80KW.
Hiring the steam loco-hauled heritage train of the Nilgiri Mountain Railways (NMR) has been made affordable, thanks to the Ministry of Railways that has de-centralised decision-making on tariff structure to promote tourism in Hill Railways.
“Conversion of knowledge to wealth and conversion from waste to wealth is the future of India. Economic viability should be the basis for innovation. Application of technology, research, knowledge, and entrepreneurship is paramount for sustainable innovations.
Innovation and out of the box thinking are the key to realising the dream of ‘New India, Prime Minister Narendra Modi said here while addressing the grand finale of the Smart India Hackathon via video conferencing.
Schneider Electric India has said it has electrified 7 lakh households in the last 10 years in the country, as part of its corporate social responsibility (CSR).