In Short : An independent evaluation has called for a strategic shift in the Asian Development Bank’s (ADB) engagement with Kazakhstan. The report recommends focusing on green growth, innovation, and private sector partnerships. It highlights the need for sustainable development strategies that align with Kazakhstan’s economic diversification goals and evolving regional dynamics to enhance long-term […]
Octopus Energy Plans $14 Billion Spin-Off to Launch Kraken as Independent Tech Giant – EQ
In Short : UK-based Octopus Energy is considering a $14 billion demerger of its tech arm, Kraken Technologies, aiming to spin it off within a year. The move may include selling a 20% stake to external investors. Kraken, which manages over 70 million utility accounts globally, could operate independently, unlocking value and enabling broader partnerships […]
AP govt reviewing PPAs in public interest: Official
The Andhra Pradesh government has initiated an exercise to review power purchase agreements in the interest of the public and the State, a top official said Monday and added it is not for antagonising the Centre and all facts will be brought to its notice. The State will go ahead with the exercise, Ajay Kallam, […]