Jamnagar-based Winsol Engineers on Tuesday received the highest premium on listing so far this year, mostly in-line with expectations. The stock debuted with a massive premium of nearly 387% over the issue price on Tuesday, making it one of the best listings seen in the recent past. Before the debut of Winsol, only two companies … Read more
New Delhi: A whopping investment of Rs 17.05 lakh crore is in the pipeline in power and renewable energy sector, which has attracted around 16.93 lakh crore of investment since 2014, Union minister R K Singh said on Monday. As much as 80 GW of thermal power generation capacity is under construction which we will … Read more
Pradip Kumar Das, CMD, IREDA, says “keeping in mind the nuances and intricacies of renewable energy, we have maintained a steady growth. So having a higher name and adding NPA does not sound good. Our NPA has been drastically reduced in the last three years. Our loan book has enhanced more than double in three … Read more
“The membership of the International Solar Alliance is open to all member states of the United Nations and everyone is welcome to join,” Mr. Singh said. | Photo Credit: AP China was welcome to be part of the International Solar Alliance (ISA), as the membership of the 116-country compact was open to all, R.K. Singh, … Read more
India and Egypt plan to push bilateral trade to $12 billion within the next five years. This was discussed during a meeting between Prime Minister Narendra Modi and the India unit of the Egyptian Cabinet led by its Prime Minister Mostafa Madbouly in Cairo on Saturday, officials said. The volume of trade between the two … Read more
Climate change is here and we are already experiencing its impact. In his opening remarks at the ongoing COP27 at Egypt, UN Secretary General António Guterres mentioned, “We need all hands on deck for faster, bolder climate action. A window of opportunity remains open, but only a narrow shaft of light remains. We are getting … Read more
CNN — As global leaders converge in Sharm el-Sheikh, Egypt, for the UN’s annual climate summit, researchers, advocates and the United Nations itself are warning the world is still wildly off-track on its goal to halt global warming and prevent the worst consequences of the climate crisis. Over the next two weeks, negotiators from nearly … Read more
Dr Yatharth Kachiar and Aditya Chauhan The war in Ukraine has brought a painful epiphany for Europe that it needs to reduce its long-overdue dependence on Russian energy. The EU meets 40 % of its natural gas requirements from Russia, also the biggest oil supplier to the bloc. However, the dependence on Russian energy is … Read more
India’s renewable energy ministry has backed a demand to shield some projects from impending taxes on solar equipment imports, after generators said the added costs will slow the nation’s shift to clean energy. “We have requested Ministry of Finance to consider grandfathering of basic customs duty for projects bid out before March 9, 2021,” the … Read more
CNN — As the US attempts to wean itself off its heavy reliance on fossil fuels and shift to cleaner energy sources, many experts are eyeing a promising solution: your neighborhood big-box stores and shopping malls. The rooftops and parking lot space available at retail giants like Walmart, Target and Costco is massive. And these … Read more