Sugar production rises by 25% to 17.68 million tonnes during 4 months between October ‘20 and January ‘21: ISMA

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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 […]

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Gujarat seeks to re-tender 700 MW solar projects for lower tariffs, despite being auctioned once

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Now that solar power tariffs have reached a record low of Rs 1.99 per unit, Gujarat will conduct another auction for 700 mega-watt (MW) of solar power plants to be built in Dholera. These projects had already been auctioned earlier with higher tariffs. In the earlier auction completed in August, 2020, the lowest tariff discovered […]

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Peak power demand in India touches new high

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India’s peak power demand touched a record 1,85,280 MW this week, signalling a rise in commercial and industrial activities as businesses go through a “reset” phase after the lifting of lockdown curbs in recent months. Wednesday’s demand breached the previous high of 1,82,888 MW recorded on December 30, 2020. Power minister RK Singh said on […]

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Gujarat to lease out its wasteland for horticulture farming on an experimental basis

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The state government of Gujarat has invited high net-worth individuals, institutions and corporate for horticulture farming on lease agreement on barren wasteland owned by the state. The state government has identified 50,000 acres of barren land in five districts including Surendranagar, Sabarkantha, Patan, Kutch and Banaskantha.   Under the ‘Chief Minister Horticulture Development Mission’, the […]

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ONGC invites bids to reverse declining output from ageing oil and gas fields

State-owned ONGC has invited bids from global oil and gas companies for undertaking work to boost production from its ageing fields as it looks to reverse declining output. The 15-year Production Enhancement Contract (PEC) will require firms to commit to investing in capital and operating expenditure to increase production, higher than the existing baseline output, according to the tender document. […]

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