Demand upsurge of plant-based meat alternatives in India

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From beverages, cheeses to imitation meats, plant-based alternatives are on an ascent worldwide, constituting a billion-dollar industry.  In April this year Beyond Meat, a Los Angeles-based popular alternate protein brand, launched in India. It tied up with Tiffany Foods, a subsidiary of Allana Group of Companies, one of the largest exporter of processed foods and […]

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Interview – Assam’s GTAC keen to auction specialty and blended tea

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The spread of the Covid 19 pandemic and the subsequent lockdown last year actually helped tea producers realise better price at the tea auctions as demand surged with an increase in home tea consumption and shortage of tea supply, Dr KK Dwivedi, Principal Secretary, Industries and Commerce, Government of Assam, who is also the chairman […]

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Concerned over dip in sugar sales, industry bodies ask for government relief

Sugar sales have plummeted by nearly 1 million tonnes since March 2020 after demand took a hit as Covid lockdown and subsequent extension of restrictions lowered consumption of many sweetened products including confectionery, soft drinks, chocolates, and sweetmeats among others.  “Even as businesses pick up, it is unclear how quickly demand will recover with subdued sugar […]

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Outlook positive for corporate renewable power purchase agreements (PPAs) in 2021, despite COVID-19: research report

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Despite the setback in renewable energy (RE) capacity addition in 2020 the demand for corporate renewable power purchase agreements (PPAs) is expected to surge in 2021 as a result of increased sustainability objectives of leading corporate buyers said the report by World Business Council for Sustainable Development (WBCSD) and JMK Research. WBCSD is a Geneva-based CEO-led […]

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Andhra Pradesh releases feasibility reports for five mega projects under its renewable energy export policy

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The southern Indian state of Andhra Pradesh, a major producer of renewable energy (RE), which had an installed capacity of 8,421 megawatt (MW) till 31 December 2020,  has released feasibility reports of five project sites for setting up ultra-mega solar power parks under its renewable energy export policy announced in July 2020.  The RE export policy, which […]

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India’s GCMMF eyes expansion as milk sales increase significantly

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The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under the brand Amul, expects a 12-15 per cent growth in revenue in the current fiscal year over the previous year despite the COVID-19 pandemic and operational hurdles after a nationwide lockdown, The optimism stems from the growing household demand for branded food […]

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India’s solar sector saw 24% jump in corporate investments in 2020 – report

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India’s solar sector attracted global corporate investment of $14.5 billion in 2020, a 24 percent jump from $11.7 billion raised in 2019, clean energy communications and consulting firm Mercom Capital Group said in its annual report on funding and merger and acquisition in the sector. Despite the uncertainties caused by the Covid-19 pandemic translating to […]

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IREDA and SJVN sign MOU for Green Energy Projects

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State-owned Indian Renewable Energy Development Agency (IREDA) recently entered into a memorandum of Understanding (MoU) with Satluj Jal Vidyut Nigam Ltd (SJVN) for collaboration on green energy projects. As per the understanding, IREDA will provide its services to SJVN for its green energy projects, which includes undertaking all Techno-Financial due diligence of renewable energy, energy […]

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India’s northern Ladakh region plugs into sun and wind energy

Under the government’s ‘Make in India’ initiative, the union territory of Ladakh has got the nod for the largest solar power project Leh. The project called ‘Provision of Solar Photo Voltaic Powerplant 1.5 megawatt (MW)’ envisages providing sustainable alternative energy to fossil fuel and traditional methods of energy generation and is scheduled to be completed well before […]

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