Late Payment Surcharge 2022 Rules is facilitating receivables reduction for independent power producers, according to India Ratings and Research (Ind-Ra). India Ratings and Research (Ind-Ra) said the implementation of the LPS Rules 2022 issued by the Ministry of Power on June 3, 2022, has brought in greater discipline from state electricity distribution companies (discoms) in […]
Washington [US] : By replacing greenhouse gas and air pollution emissions that would otherwise be created by fossil fuel-based power plants, the renewable energy source benefits the environment, air quality, and public health. Almost 10 per cent of the electricity used in the United States today is generated by wind. A new MIT study finds […]
Sai Life Sciences releases its Sustainability Report 2022 HYDERABAD, India : Sai Life Sciences, a leading global Contract Research, Development & Manufacturing Organization (CRO/ CDMO), today announced the release of its Sustainability Report 2022, which has been developed as per the Global Reporting Initiative (GRI) standards. With the theme ‘Organising for Sustainability Success’ the Report […]
Hydrogen could play an important role in helping hard-to-abate sectors meet climate targets. Countries with hydrocarbon resources and industry expertise can help build and scale the needed technology. Industry leaders are under pressure as the global climate change debate has amplified the call to limit global warming to 1.5 degrees Celsius.1 Hydrocarbon-rich countries (HRCs) could […]
India Ratings and Research (Ind-Ra) has taken the following ratings actions on JSW Renewable Energy (Vijayanagar) Limited’s (JREVL) debt instruments: $Ind-Ra has affirmed the unsupported rating of ‘IND A+’/Stable for the same amount and maturity, in compliance with the Securities Exchange Board of India’s circular dated 13 June 2019, which requires credit rating agencies to […]
Kalpataru Power Transmission Ltd (KPTL) on Thursday posted an 18 per cent rise in consolidated net profit at Rs 98 crore for the September quarter, helped by higher revenues. The consolidated net profit of the company stood at Rs 83 crore in the quarter ended September 30, 2021, it said in a BSE filing. Total […]
Asian countries, including China, India, Japan, South Korea, Vietnam, the Philippines and Thailand, avoided about 9 percent of total fossil fuel costs which is equivalent to $34 billion from January to June 2022. India has saved around $4.2 billion in fuel costs through solar power generation in the first half of 2022, and about 19.4 […]
We need governments to tackle this urgently by publishing emission figures for the richest people, regulating investors and corporates to slash carbon emissions and taxing wealth and polluting investments, said Nafkote Dabi, Climate Change Lead at Oxfam International. Oxfam also estimated that a wealth tax on the worlds super-rich could raise USD 1.4 trillion a […]