India’s solar and wind power capacity addition in the next five years (2020-24) is expected to take a severe hit, though the overall mood of the Renewable Energy (RE) sector continues to remain upbeat, says clean energy consultancy’s Bridge to India’s recent CEO survey report. The solar and wind power capacity addition is expected to […]
India has proposed a 20 percent basic custom duty on solar modules, solar cells and solar inverters from August to reduce imports from China amidst border tensions between the two neighbours, but industry officials said the tax will hurt business as it will be progressively raised to 40 percent by next year. Currently, solar equipment […]
Large food and beverage and food-delivery companies in India are launching programmes to provide relief to restaurants and their staff facing a tough time as people stay home due to extended lockdowns and fears of the Covid-19 pandemic. The lockdown, which has rocked the Indian economy, has been particularly harsh on the food and beverage […]
Floods in the northeastern state of Assam have further hit India’s beleaguered tea industry already battling with a lower production due to a national lockdown triggered by the Covid-19 pandemic back in March, industry officials said. They told indoasiancommodities.com that the lockdown would result in an estimated revenue loss of at least Rs 2,100 crore […]
India’s crude oil imports plunged by 22.6 percent year on year in May, the biggest drop since October 2011, as fuel demand and refinery production took a huge hit on account of a countrywide lockdown to curb the spread of the deadly coronavirus. According to the preliminary data from Petroleum Planning and Analysis Cell, India […]
The Covid-19 pandemic is changing food habits in India, and food and dairy companies are getting into the game by launching new products that they say help boost our immune systems to prepare us better to battle the coronavirus, Shampa Bahadur reports. Boosting immune system has never felt more urgent. Since the outbreak of the […]
The coronavirus pandemic has severely affected imports of fruits and nuts into India, as wholesale and retail points closed overnight and consignments stockpiled following the announcement of a nation-wide lockdown in March, and the situation is unlikely to change fast despite demand remaining intact. Sumit Saran, Director of SS Associates, which consults and represents trade […]
Supply chain breakages, sharp fall in electricity consumption due to an extended national lockdown and delays in completion of projects due to lack of manpower after migrant workforce fled back to villages on fears of the spread of the deadly coronavirus has impacted Adani Transmission’s business, but its Managing Director and Chief Executive Officer Anil […]
Thermal coal and coking coal imports into India’s major ports have dipped by 35.94 percent and 24 percent respectively in the first two months of the financial year 2020 (April-March), a report by the Indian Port’s Association (IPA) said. In April and May 2020, the nationwide lockdown to combat corona pandemic resulted in a significant demand […]
Adani Green Energy Ltd (AGEL), the renewable energy (RE) arm of the Adani Group, said it had won the largest in the world single bid, to develop solar photovoltaic (PV) power project of 8 Gigawatt (GW) along with setting up solar cells and module manufacturing capacity of 2 GW. These manufacturing linked solar agreements from […]
