Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group – a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.
A novel idea is in the works to enhance power procurement by states through reducing the cost of electricity.
Shares of Adani Group companies – Adani Ports and Special Economic Zone (SEZ), Adani Transmission and Adani Enterprises – were trading higher by up to 5% ahead of October-December quarter (Q3FY18).
Adani Transmission hit a record high of Rs 252, up 9% on BSE in early morning trade after the company reported profit after tax (PAT) of Rs 1.55 billion for the quarter ended December 2017 (Q3FY18).
State-run NTPC Ltd said on Wednesday that it has fulfilled all its commitments for the acquisition of land for its 1,600 MW Gadarwara power project.
India’s green energy targets for the next few years may be clear and crisp, but the country may need to focus more on related technologies to achieve its environment-friendly goals.
Fourteen of India’s top 20 largest thermal power utility companies have experienced water shortage-related disruptions at least once between 2013 and 2016, losing more than $1.4 billion in total potential revenue, according to a report released by World Resources Institute (WRI).
The power ministry is considering ending the lock on electricity sales by distributors as one way to speed up growth in vehicle charging stations, according to a ministry official with knowledge of the plan.
This is with reference to “Electricity use needs transformation” (January 15). The poor tend to rely on a significantly different set of energy carriers than the rich, consuming in traditional ways proportionately more wood, dung and other biomass, and less electricity and liquefied petroleum gas (LPG). This finding is significant in part because indoor air…
As India faces heat at the World Trade Organisation (WTO) for giving preference to domestic solar manufacturers in its renewable energy programme, the Ministry of New and Renewable Energy (MNRE) has made changes to the content sourcing policy.