In spite of the rising Covid-19 infections in India and challenges posed by lockdown and restrictions to curb the pandemic, Gujarat continues to be the favored destination for attracting wind power project developers. The state witnessed the highest capacity wind power addition in the country in 2020-21. The cumulative generation capacity stands at 1,020.3MW from April 2020 to March […]
To increase the share of renewable energy in its supply mix, Maharashtra has invited bids for 500 megawatt (MW) of solar power. State-run Maharashtra State Electricity Distribution Company (MSEDCL) will sign a 25-year power purchase agreement (PPA) with the lowest bidder participating in the auction. The latest tender follows the state inviting bids for 1,300 MW of […]
Gujarat is all set to witness bumper summer crops of groundnut and sesame (til), thanks to increased sowing acreage and favourable weather conditions. Sowing of groundnut in the state has gone up by more than 26 per cent to nearly 60,000 hactare compared to last three year’s average of 46,800 hectare as per the data […]
Ahmedabad-based Torrent Power Ltd will set up a 300 MW capacity solar power plant in Gujarat at an estimated cost of Rs 1,250 crore. In a statement, the firm said it has signed an power purchase agreement (PPA) to sell electricity generated at Rs 2.22 per unit for a period of 25 years. “Torrent Power Limited […]
Flavoured milk will now attract 12 percent GST, the Gujarat Authority for Advance Ruling (AAR) said. Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), which markets dairy product under Amul brand, had approached the AAR on the taxability under the Goods and Services Tax (GST) of flavoured milk which the company sells under trade name Amul […]
Telangana overtook Gujarat to emerge as the second-largest state in the cotton acreage, a position that was held by Gujarat till now. Telangana is now looking forward to increasing the cotton cultivation area by another 15-20 lakh acres in the approaching Kharif season. This will take the state’s total cotton area to 75-80 lakh acres. The Chief […]
Inordinate delays in payment of premium by many state governments are forcing insurers to hold up claim settlements under Pradhan Mantri Fasal Bima Yojana (PMFBY), Centre’s flagship crop insurance scheme, says a report in the Financial Express. Claims worth Rs 1,866 crore are yet to be paid to farmers, while defaulting states are to pay […]
The 497 sugar mills operational in the country have together produced nearly 209 lakh tonnes of sugar till February 15 as against 170 lakh tonnes in the corresponding period last year, an increase of nearly 23 per cent. According to a press release issued by industry body Indian Sugar Mills Association (ISMA), while 183 sugar […]
Cumin exports from India are likely to cross 2 lakh tonne by the end of the current season, in the next couple of months. Turkey and Syria are the two major producers of cumin, with Afghanistan also cultivating small quantities of cumin. This year, however, Turkey and Syria have reportedly produced less cumin this season. […]
India’s 491 sugar mills have together produced 176.83 lakh (17.683 million) tonnes of sugar in the first four months of the current sugar season, which started on October 1. In the corresponding period of the previous season, the mills produced 141 lakh tonnes. The output is up by around 25%, prompted primarily by an increased […]
