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International News

India launches first-ever sovereign green bonds auction

January 7, 2023 Mariel Alumit

The RBI will auction 5-year and 10-year green bonds worth 40 billion rupees each on Jan. 25 and on Feb. 9 in what will be a uniform price auction, the central bank said. New Delhi: […]

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International News

Gautam Adani among potential suitors eyeing stake in state-backed power trader PTC India

January 6, 2023 Mariel Alumit

Adani is among possible bidders reviewing preliminary information on the business and other Indian conglomerates are also evaluating whether to bid, one of the people said. New Delhi: A stake for sale in state-backedelectricity traderPTC […]

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International News

SC stays HC order awarding two-month jail term to NTPC chairman in contempt case

January 6, 2023 Mariel Alumit

“We are staying the high court order,” the bench said. Earlier during the day, the top court had agreed to hear the appeal of Gurdeep Singh, the NTPC Chairman and Managing Director. New Delhi: TheSupreme […]

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International News

India floats another mega tender worth Rs 5,000 crore for 4,675 electric buses

January 5, 2023 Mariel Alumit

The tender is based on a dry lease contract, allowing STUs to deploy their own bus drivers. Three states – Delhi, Kerala and Telangana — are covered in this tender, deploying 2400, 775 and 1500 […]

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International News

Outlook for renewable energy industry in 2023: Opportunities and Challenges

January 5, 2023 Mariel Alumit

In 2023, the renewable energy sector is expected to maintain growth and achieve desired figures, and cash flow, technology upgradation and government’s support with futuristic measures will be the major factors driving growth.By Amit Jain […]

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International News

Centre sticks to demand for bigger profit share from Vedanta’s Rajasthan block

January 5, 2023 Mariel Alumit

The government recently extended Vedanta’s production sharing contract (PSC) for the block for another 10 years till May 2030 but sought an additional 10per cent profit from the oil block. The Centre on Wednesday informed […]

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International News

India missed 175 GW renewable energy capacity target by 30 per cent: Bridge to India

January 4, 2023 Mariel Alumit

Annual solar and wind capacity addition has averaged at about 9 GW over the last five years as against a corresponding target of 19 GW.New Delhi: India’srenewablecapacity, exclusing large hydro, is expected to have touched […]

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International News

Cabinet approves National Green Hydrogen Mission; to bring Rs 8 lakh cr investments by 2030

January 4, 2023 Mariel Alumit

It also aims to set up 60-100 GW of electrolyser capacity by 2030New Delhi: The UnionCabineton Wednesday approved theNational Green Hydrogen Missionto make India a global hub ofgreen hydrogen. “The Mission aims to reduce 50 […]

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ONGC, Indian Oil, Power Grid top profit making PSUs in 2021-22

January 4, 2023 Mariel Alumit

The Public Enterprises Survey 2021-22 also revealed that the net loss of loss-making CPSEs narrowed to Rs 0.15 lakh crore in FY 2021-22 from Rs 0.23 lakh crore in FY 2020-21, showing a decrease of […]

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NTPC starts India’s first green hydrogen blending project

January 3, 2023 Mariel Alumit

Green hydrogen in this project is made by electrolysis of water using power from a 1-MW floating solar project New Delhi: State-owned power giant,NTPC, on Tuesday said it has commissioned India’s firstgreen hydrogenblending project. The […]

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