The Government of India has approved the launch of KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, to promote the use of solar powered agriculture pumps by farmers and installation of small renewable power plants (500 KW to 2 MW) by farmers/cooperatives/panchayats on their lands, with a funding support of Rs 344.22 billion.
FlashNews:
Centre Defends Ethanol Blending Programme Amid Mileage Concerns; Highlights $16.5 Billion Forex Savings
Suzlon Energy Reports 62% Surge in EBITDA to ₹5.99 Billion in Q1 FY2026
Inox Green Secures Long-Term O&M Deal for 182 MW Wind Projects
Adani Group Expands MRO Capabilities with Indamer Technics Acquisition
PixxelSpace-Led Consortium to Build India’s First Indigenous Commercial EO Satellite Constellation
India’s Maritime Framework Gets Legislative Boost with Coastal Shipping Bill Passage
IRB Infra and InvIT Projects Post 10% Growth in July 2025 Toll Collections
India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament
India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
IndiGo Starts Construction on One of India’s Largest MROs in Bengaluru
SDHI to Manufacture Varex Cargo Inspection Systems in India
Mumbai-Ahmedabad Bullet Train: Sabarmati Bridge Rises to 36 Metres
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Kandla Port Achieves Major Sustainability Milestone with Megawatt-Scale Green Hydrogen Plant Launch
Ceinsys Tech Profit Surges 112% in Q1 on Execution of FY2025 Infrastructure Mandates
India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
Indian Railways to Add 574 km Under ₹1.1 Trillion Multitracking Plan
ArcelorMittal Reports $1.8 Billion Net Income in Q2 FY2025, Up Threefold
Tag: Sabyasachi Majumdar
Government sanctions Rs 118 bn for IndiaÂ’s rooftop solar mission
The government has approved phase-II of rooftop solar programme with a funding outlay of Rs 118.14 billion for achieving the 40 GW rooftop solar capacity target by FY2022.
A Ray of Hope, Amid the Gloom
Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Cement demand up but profitability pressures continue
Even as demand for cement has picked up from Q3 FY2018 and the trend is expected to continue in Q4 FY2018, with the growth expected at around 5% in FY2018 and FY2019, expectation of higher petcoke, coal and diesel prices are likely to put pressure on the profitability margins and debt metrics of the cement companies in the coming quarters.
New bidding guidelines to boost wind power sector: ICRA
The recent notification of bidding guidelines by the Government of India for the award of wind power projects is a positive development for the sector. The guidelines address some of the key concerns for the sector pertaining to off-takerÂ’s credit profile, grid curtailment and termination payments.
Infra push to see cement demand improve to 5percent in FY18, says ICRA
An expected revival in the infra space may help cement demand to grow to around 4 to 5 per cent in the next fiscal, according to ratings agency ICRA.