Mobilising the team will be a challenge. If people have gone across the country, they are not going to come back, a solar developer said. BENGALURU: Construction of renewable energy projects is among the activities that the ministry of home affairs has permitted resumption of from April 20, but developers maintained it will be a […]
Transforming energy systems can create 42 million renewable energy jobs by 2050: IRENA
The report added that while a pathway to deeper decarbonisation requires total energy investment up to $130 trillion, the socio-economic gains of such an investment would be massive New Delhi: Advancing the renewables-based energy transformation could nearly quadruple renewable energy jobs to 42 million by 2050, according to a recent report by International Renewable Energy […]
NTPC to raise Rs 4,374.10 crore via bonds on Thursday
The bonds are proposed to be listed on both National Stock Exchange and BSE. Bond Trust Deed for these bonds will be duly executed as per the requirements of and within the period of time prescribed under, the Companies Act and rules specified therein New Delhi: State-run power giant NTPC on Monday said it will […]
Suzlon Energy’s total debt at Rs 14,262 cr, includes FCCB worth Rs 1,376 cr
The company’s total outstanding borrowing from banks or financial institutions is Rs 12,885.75 crore, according to a regulatory filing by Suzlon. Suzlon Energy on Tuesday said its debt as on March 31 stood at Rs 14,262.06 crore, which also includes outstanding foreign currency convertible bonds worth Rs 1,376.30 crore (around $172 million). The company’s total […]
COVID-19 Effect | Govt extended deadline for filing GST returns to June 30
Interest, late fee and penalty will be waived for companies with a turnover up to Rs 5 crore. The government on March 24 announced extension of the last date for filing GSTR-3B for Goods and Services Tax (GST) for March, April and May to June 30. “Others can file returns due in March, April and […]
NTPC to invest Rs 50,000 crore to add 10GW solar energy capacity by 2022
State-owned power giant NTPC is planning to add 10GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds, a source has said. At present, NTPC has installed renewable energy capacity of 920 MW, which includes mainly solar energy. It has formulated […]
Battery swap technology will lower the cost of acquiring EVs: Piaggio MD
We will also be studying a fixed battery solution, so that when a customer is ready for it, we are in a position to market it, said Diegio Graffi, MD & CEO at Piaggio India On Wednesday, the Indian arm of Piaggio, the Italian automobile entity, entered the electric vehicle (EV) segment in this country […]
Chinese auto & electronics major BYD to invest Rs 2,800 cr in Tamil Nadu
China-based automobile and electronics major BYD is planning to invest around Rs 2,800 crore in Tamil Nadu. The deal is one of the nine MoUs worth Rs 5,027 crore that companies have signed with the state government. Hero Group-backed Ather Energy’s Rs 600 crore-plus plan to establish a manufacturing facility for e-Vehicles is among the […]
AIIB expects $100m investment a year in India’s solar, wind projects
AIIB’s Director General Pang also expected the private investments in renewable energy sector in India as foreign direct investment, relieving the Indian government of project financing challenges Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next month. AIIB expects […]
Japan’s NTT to invest $5.5 bn in building power networks for supply backup
NTT will provide electricity by using power saved in batteries at the 7,300 buildings it owns and will purchase power from others, the report said. Nippon Telegraph and Telephone Corp will spend about 600 billion yen ($5.5 billion) to build power distribution networks, the Nikkei newspaper reported, without citing its sources.In a rare move for […]
