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 aiming for digital transformation of power grids to enable 24×7 electricity

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India is aiming to establish smart power grids that will be pivotal to its goal of providing affordable and reliable electricity throughout the day to all consumers, Amitabh Kant, chief executive officer at Niti Aayog, said on Tuesday. He said that such power grids will enable a balance to be achieved in distribution and consumption as […]

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Farmers in India divided over way forward on protests over key laws

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An influential section of farmers group has reiterated their demand for legal guarantees for minimum support prices (MSPs) and repeal of three key legislations for withdrawing their protest while another moderate section urged a dialogue with the government. Yogendra Yadav, leader of Swaraj India, rejected any amendments to resolve the issue. He said the calculation […]

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Indian traders urge payment mechanism with Iran to improve record basmati exports

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India’s basmati rice exports are set to touch a record 5 million tons in 2020/21, which could potentially increase still further if the government and state-run agencies are able to resolve a payment snag with key consumer Iran, Vinod Kaul, executive director of the All India Rice Exporters Association said Tuesday. Speaking at a meeting organised by […]

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Farmers protest sabotaging India’s economic recovery : Industry

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Farmers’ protests against three key laws for reforms has disrupted business worth up to 50 billion rupees and likely to hurt India’s economic recovery from the pandemic, traders and industry officials said. The Confederation of All India Traders (CAIT) called upon farmer leaders to resolve their issues with the government in a spirit of cooperation. At the same […]

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World cotton stocks to fall in 2020/21 on lower output, higher consumption

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World’s cotton ending stocks are expected to decline by 3.9 million bales during 2020/21 at 97.5 million bales, reflecting lower production and higher consumption, according to the US Department of Agriculture (USDA). The stocks will drop by 1.9 million bales from last year’s level. The decline in production by 2.2 million bales during the year […]

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