Efficiency enhancement through pricing and non-pricing methods is the need of the hour in meeting our energy adequacy. With India's energy efficiency estimated to be the fifth lowest in the world, there is a tremÂendous scope to improve efficiency. DependÂence on oil imports is expected to rise.
FlashNews:
Ceinsys Tech Wins ₹1.15 Billion MMRDA Contract for Real-Time Infrastructure Monitoring Platform
Siemens Secures ₹7.73 Billion Contract for Nagpur Metro’s Advanced Signalling and Telecom Systems
DFCCIL Launches India’s First Private Gati Shakti Cargo Terminal on Western Freight Corridor
India Clears Elon Musk’s Starlink for Satellite Internet Rollout
GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields
Invest in IREDA Bonds to Support India’s Green Energy Transition and Save Tax
India Invites Feedback on Oil & Gas Reforms Ahead of Landmark OALP Round X: Hardeep Singh Puri
₹50 Billion Boost for Northeast Waterways; Kaladan Project to be Operational by 2027: Sonowal
Tata Sons’ Chandrasekaran Outlines Energy Transition Runway Amid Group’s Moment of Reflection
CII President Rajiv Memani Offers Blueprint for a Competitive Viksit Bharat
JSW Paints to Acquire Majority Stake in Akzo Nobel India in ₹89.86 Billion Deal
India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
Whoever controls Antariksha (outer space) will rule Prithvi (the world)”: Dr. Subba Rao Pavuluri
Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
IIFCL becomes non-banking finance firm
The Reserve Bank of India (RBI) will now regulate India Infrastructure Finance Company (IIFCL). The Union Cabinet approved a proposal in this regard.
Plan Panel forms committee on power distribution
Planning Commission has set up a committee headed by BK Chaturvedi to help restore the financial health of the poÂwer distribution utilities.
Banks' alternative to infra lending: Good step, but…
Finally, banks can get completely rid of their limits imposed by asset-liability mismatch (ALM). Although schemes like take out financing exist and there have been numerous attempts to revive the corporate bond market, most of the schemes and efforts seem to have gone in vain.
China bank to fund Indian infra
Just as the world’s largest bank in terms of profit, market capitaliÂsation, and customer deposits veÂntured into India last month with plans to fund the infraÂstructure sector, the Indian govÂernment also gave its nod to Indian comÂpanies to raise loans up to $1 billion in Chinese yuan.
FSDC for urgent steps to set up infra debt funds
The Financial Stability and Development Council (FSDC), headed by Finance Minister Pranab Mukherjee, has decided to initiate steps for a more vibrant corporate bond market to enable industry to raise debt funds for infrastructure.
RPower gets RBI nod to raise ECB for Tilaiya UMPP
Reliance Power has received in-principle approval from the RBI for raising external commercial borrowings (ECB) of $2 billion for its 4,000 mw ultra mega power project at Tilaiya in Jharkhand.
Shriram to raise Rs 1k cr
Shriram Transport Finance will raise Rs 500 crore through debentures with a greenshoe option of Rs 500 crore. The tenure of the bond will be 3-5 years.
Shriram to raise Rs 1k cr
Shriram Transport Finance will raise Rs 500 crore through debentures with a greenshoe option of Rs 500 crore. The tenure of the bond will be 3-5 years.
RBI: Moderate growth, inflation to remain firm
High inflation and the consequential policy rate increases are likely to impact domestic growth in the future, said the Reserve Bank of India (RBI) in its Financial Stability Report. A slowdown in investment demand and the slackening global