The Indian Energy Exchange (IEX), India’s leading energy exchange, is hopeful of being able to introduce a trading platform for wind and solar power, early next fiscal.
The government of India has teed off industrialising the new Union Territory of Ladakh by inviting the wind industry to put up wind farms there. A high level meeting was held in Leh recently, attended by the Ministry of New and Renewable Energy
A toilet, a hotplate to warm food, a phone-charger, AC, and less noise may not be workplace luxury for most. But they come quite close for loco-pilots of the Indian Railways. These features in diesel engines rolling out of Wabtec for the Railways make these locos popular among the pilots, according to officials of Wabtec Corporation
One in two Indians believes that human-made climate change is the primary cause of increased severe weather events that the world experiences today as compared to 23 per cent of the US general population, an online survey carried out for IBM has shown.
The Dispute Resolution Committee of the Ministry of New and Renewable Energy (MNRE) has undergone a change with former Coal and School Education Secretary, Anil Swarup resigning from his post. Swarup has been replaced by PK Basu
The Comptroller and Auditor General (CAG) has highlighted inconsistencies in deployment of manpower for monitoring the environmental impact of Coal India’s activities.
Saudi Arabia has given licence to 30 Indian companies in the first quarter of the total 267 foreign investors, according to Saud Al-Sati, Ambassador, Royal embassy of Saudi Arabia in India.
India Ratings has downgraded Tamil Nadu Generation and Distribution Corporation Limited’s (TANGEDCO) outlook to negative on account of higher leverage due to liquidity stress in the absence of tariff revision, coupled with inadequate cash position.
The deterioration in the financial performance of the Indian Railways in 2017-18, to its worst officially recorded since 2000-01, is a result of the transporter’s inability to grow its revenues to match its ballooning expenses — or rather its inability to curtail expenses in the face of slowing revenue growth.
Coal India, the world’s largest miner, plans to give 10-15 days credit period to companies operating in the non-regulated sectors such as steel, cement, and aluminium. These companies, which are called customers in Coal India parlance, had to make an upfront payment before despatch.