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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Six lakh tonnes of sugar exports confirmed by UP sugar mills, post the export subsidy scheme

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A week after the government of India announced the sugar export subsidy policy for the ongoing season, sugar mills from Uttar Pradesh (UP) have signed export contracts for over six lakh tonnes of raw and white sugar. In contrast, mills from Maharashtra are yet to sign a single contract, according to a Financial Express report. […]

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Indian government procures paddy worth Rs 84,928 crore this kharif season so far; high cotton arrivals

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Paddy procurement has increased by 25 per cent in this kharif marketing season so far to 449.83 lakh tonnes at the minimum support price (MSP), valued at Rs 84,928.10 crore. “In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP […]

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EESL, MSEDCL commission 8 MW solar energy project in Maharashtra

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State-owned EESL and the Maharashtra State Electricity Distribution Company announced commissioning of about 8 megawatt (MW) solar-agro project at Devdaithan, Maharashtra. The 7987 KW project in Ahmednagar district is part of Energy Efficiency Services Ltd’s (EESL) commitment to the state under the Mukhya Mantri Saur Krishi Vahini Yojana, wherein it will supply the state discom […]

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India to set up two free trade and warehousing zones in Maharashtra

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The Indian government is considering two new proposals for setting up free trade and warehousing zones (FTWZs) in Maharashtra. The proposals are being taken up for consideration by the highest decision making body for SEZ (special economic zones) Board of Approval (BoA), according to an office memorandum of the department of commerce. NDR Infrastructure Pvt […]

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