This is the third tranche loan for the ongoing Assam Power Sector Investment Program, which was approved by the ADB board in July 2014 New Delhi: The Asian Development Bank (ADB) will provide a USD 231-million loan to augment electricity generation capacity in Assam through construction of a 120-megawatt (MW) hydroelectric power plant. ADB and […]
Driving into 2021, government sets eyes on expanding road infrastructure, more electric vehicles
In 2020, the government launched the work for the strategic 14.15 kilometres-long Zojila tunnel to provide all-year connectivity between Srinagar valley and Leh. NEW DELHI : After striving to turn the pandemic-induced “crisis into an opportunity” with ongoing construction of tunnel roads in tough terrains and critical infrastructure, the government will step on the gas […]
Japan not eyeing new reactors to help reach 2050 carbon-neutral goal
For the world’s fifth-biggest emitter, reining in emissions from utilities that contribute about 4/5ths of carbon dioxide output is key to achieving the deadline set by its new prime minister, Yoshihide Suga TOKYO: Japan is not considering building new nuclear power plants to help it become carbon-free by 2050, the government’s top spokesman said on […]
Government wants to use electric vehicles as main weapon in fight vs pollution
Environment Minister Prakash Javadekar urges people to make use of EVs, says he uses an electric two-wheeler himself. The Centre has upgraded the fuel standard to BS 6 to fight pollution, Union Environment Minister Prakash Javadekar recently said and urged people to shift to electric vehicles. Javadekar, while addressing a webinar on the first ever […]
Government aims to generate electricity totally from renewable sources by 2030
Aug 16, Colombo : Duminda Dissanayake, Minister of State for Solar, Wind and Hydro Power Generation Project Development says that he will fulfill the responsibility vested with him to generate electricity by renewable energy sources instead of the use of fuel by 2030. The State Minister expressed these views while joining a observation visit to […]
Government allows sales of electric vehicles without batteries
The battery could be provided separately by the OEM or the energy service provider Battery powered two and three-wheelers may see some price corrections after the government allowed electric vehicles to be registered without their batteries. A letter sent to the transport department and transport commissioners of all states and Union Territories by the Centre […]
Government urged to halt CPC project to save reefs
Environmental protection groups yesterday urged the government to halt a construction project by state-owned oil refiner CPC Corp, Taiwan in Taoyuan’s coastal Datan Village (大潭) to save algal reefs and to hold an official hearing on the issue. The formation of the shallow-water algal reefs began about 7,500 years ago and they stretch along 27km […]
For electric-vehicle maker Nio, government tie-up has its benefits
Chinese electric-car maker Nio Inc. said it had secured credit lines worth 10.4 billion yuan ($1.48 billion) from six domestic banks, just months after inking a cooperation deal with a city government, as the company hunts for funding amid concerns of tightening liquidity. The lenders are all branches of national state-owned commercial banks based in […]
Maharashtra: Decision of relief in power bill payment welcomed
Welcoming the decision, Sanjay Shete, chairman of Kolhapur Chamber of Commerce and Industries said, “We welcome the decision of government as it will give some respite to financially reeling industries from payment of power bills and power cuts over the delay in payment of bills” Kolhapur: The industrialists in Kolhapur have welcomed the state government’s […]
Govt’s Rs 10,000-cr scheme to promote electric vehicles fails to take off in its first year
Of the amount earmarked for the scheme, a sum of Rs 8,596 crore was allocated for demand incentive in the form of direct subsidy. Roughly 10 per cent of this was expected to be spent in the first year The government’s push to incentivise the purchase of electric vehicles in India has failed to take […]