The Hyderabad-headquartered Konaseema Gas Power Ltd has announced a sale under liquidation of its 445 MW combined cycle power plant located in the East Godavari District of Andhra Pradesh.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4 per cent. At the same time, the marginal standing facility and bank rate also remained unchanged at 4.25 per cent, while the reverse repo rate too remained unchanged at 3.35 per cent.

The construction & infrastructure sector will make a strong comeback to support the revival of the Indian economy, says TONY VAN HERBRUGGEN

The country’s first automated delivery-based gas trading platform, India Gas Exchange (IGX) has announced securing the necessary authorisation to operate as a gas exchange as per the provisions of the Petroleum and Natural Gas Regulatory Board (Gas Exchange) Regulations, 2020, for a period of 25 years.

The big elephant in the room affecting the future of roof-top solar in India is and has been government policy. Frequent changes in state government policy have made things difficult for both consumers and developers. By ANIMESH DAMANI

In the months to come, India can undoubtedly pick a few lessons from China and with appropriate improvisations lead the way to making policy changes that bring in a radical change in the ease of doing business as well as supplying its domestic needs and international demands. By DR. POORNIMA ADVANI

Union Minister of Road Transport and Highways & Micro, Small and Medium Enterprises (MSME), Nitin Gadkari on Monday said that the Central Government was aiming at creating core global competencies in India by facilitating the seamless integration of the local automotive industry with the world. In this direction, it was attempting to create an ecosystem to accelerate the uptake of electric vehicles in the country.

Competition Commission of India (CCI) has approved the acquisition of Orix Wind SPVs by Greenko Energy Holdings (GEH) from ORIX Corp. and equity stake in GEH by Orix under Section 31(1) of the Competition Act, 2002, on Thursday.

Sanjay Malhotra, a 1990 batch officer of the Indian Administrative Service (IAS)’s Rajasthan cadre has assumed charge as Chairman & Managing Director, the Navratna non-financial banking company (NBFC) REC Ltd with effect from November 9. The Appointments Committee of the Cabinet (ACC) had approved Malhotra’s appointment.