Niti Aayog member suggests Deficient Pricing Payment (DPP) to replace MSP

The minimum support price on agri crops should continue as long as markets become competitive and efficient, but it should be given through means other than procurement, government think-tank Niti Aayog member Ramesh Chand said last week. Chand, while addressing a conference on ‘Getting agriculture markets right’, organised jointly by National Stock Exchange and ICRIER […]

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Elevated PV cell and module prices and hardening interest rates pose cost pressures for solar power developers: ICRA

The cost of solar Photovoltaic (PV) modules (Mono PERC) has climbed-up by over 40 percent to 27-28 US$ cents per watt in the past 18 months, driven mainly by spike in the cost of polysilicon, a key input for module producers, according to research agency ICRA. “Driven by the disruption in operations across the value […]

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NTPC makes operational additional 42.5 MW capacity at Ramagundam floating solar project in Telangana

NTPC, state-run power giant, has made commercially operational an additional 42.5 megawatts (MW) of power generation capacity at Ramagundam floating solar project in Telangana. Earlier the company had commissioned 17.5 MW (Part-I) and 20 MW (Part-II) of the Ramagundam floating solar project. With the addition of 42.5MW, the total commercially operational power generation capacity of […]

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Food Corporation of India invites private sector to build food storage facilities

In a bid to attract investment of big corporate entities in India’s foodgrain storage infrastructure, the food ministry has approved a policy which encourages the private players to bid for multiple projects for construction of 249 state of art silos with close to 11 million tonne (MT) wheat storage capacity for FCI. The silos will […]

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