The Reserve Bank of India (RBI)’s says that bank credit to industry has increased 11.7 per cent this fiscal year, as much as two-thirds of that increase is on account of lending to infrastructure.
FlashNews:
Goyal Aluminiums plans to set up EV plant in UP
DISCOM to purchase 1,070 MW of wind-solar hybrid electricity in Gujarat
Railways sets empanelment tender for rooftop solar installations
Tata Power introduces new 400 KV transmission corridor for Mumbai
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
PPP for those unable to pay
Finance Minister Pranab Mukherjee indicated that public-private-partnership (PPP) projects should be directed to people who cannot pay for infrastructure services as it would ensure inclusive growth.
BSWH project to take off in Orissa
The Bundled Solar Water Heater (BSWH) project is likely to take off in Orissa soon.
We need multi-sovereign funds to invest in clean energy
After the recent Cancun Summit became just one more wasted effort to resolve the North-South conflict in moving towards a less polluting world, experts believe the solution may lie in multi-lateral agreements.
Management: Reviving the suburban rail, the Six Sigma way
One cannot ignore the fact that Mumbai’s deteriorating physical infrastructure has diverted sizable new opportunities to Bangalore, Hyderabad and other cities.
DVC likely to mop up Rs 640 cr thru bond issue
Damodar Valley Corporation (DVC) will enter the domestic debt market with a seven-year bond issue to mop up Rs 640 crore through book building method to part fund a number of generation and transmission and distribution projects.
Govt proposes Coal Regulatory Authority
The Government proposes to establish a Coal Regulatory Authority to regulate and conserve resources in the sector, protect the interests of consumers and producers of coal.