JSW Future Energy Ltd., a wholly-owned subsidiary of JSW Energy has entered into an agreement with Australian Fortescue Future Industries Pty Ltd, a unit of Fortescue Future Industries Pty Ltd (FFI), to collaborate on potential projects relating to the production of green hydrogen and utilising it for green steel making, hydrogen mobility, green ammonia and […]
Area under pulses continues to remain low in the current kharif season, raising fears about trade-restrictive measures like imposition of stock holding limits to ward off rise in prices. A rise in prices of pulses had forced the government to put stock limits on July 2, a step not in conformity with the free-trade concept […]
The state government of Maharashtra has set up a high-level committee, led by principal secretary (financial reforms) Rajgopal Deora to probe into the loans by cooperative banks to several cooperative sugar and spinning mills despite negative NDR (net disposable resource). The state government had stood in as the guarantor for the loans since the RBI and NABARD […]
Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was quoted as saying in the local media. Companies from China are expected to build an airport in Nasiriyah and 90,000 houses in Sadr City, in […]
Consumer investment in gold increased in the second quarter of 2021 but some investors were less bullish, according to the World Gold Council’s latest Gold Demand Trends report. The two forces helped create a gold demand of 955.1 tonnes over the quarter, a 9% rise from the first quarter of 2021. Last year, the demand for […]
Improving industry demand is expected to prop up India’s energy consumption by over ~75 billion units (BUs) this fiscal, or 5 per cent on-year – the fastest growth in the past three fiscal, says a CRISIL Ratings report. Thermal plants will continue to be the mainstay generator of power to meet the higher demand of […]
India’s commercial and industrial (C&I) segment is expected to add 1,875 megawatt (MW) of new rooftop solar capacity in 2021, an increase of 47 percent compared to the previous year, according to a recent report. The report titled ‘Emerging technology trends in the C&I rooftop solar market in India,’ by the Institute for Energy Economics […]
The United Planters’ Association of Southern India (UPASI), the apex body of planters in southern India, said that the Tea Board of India’s directive to manufacturers to ensure mandatory sale of 50% of the total tea manufactured through public auctions will be counterproductive given the wide divergence between auction and retail prices, reports Financial Express. […]
The Spices Board, the Rubber Board and the Digital University of Kerala shared an Memorandum of Understanding (MoU) to use modern techniques to generate spatial models of soil nutrients in the cardamom tracts and to develop an android-based mobile application for cardamom growers to enable site-specific, need based fertiliser recommendation. D Sathiyan, secretary, Spices Board, […]
India’s auto major Mahindra & Mahindra (M&M) has announced that it is adopting a 58 megawatt-power (MWp) captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. The project is expected to quadruple M&M’s renewable power share from 12 per cent to 56 per cent across its facilities […]
