It’s not just Tendulkar. Last year, following repeated requests from Shiv Sena MP Arvind Sawant, the then Railway Minister Suresh Prabhu had sanctioned work for an upgrade at the Elphinstone Road station.
Being locked into these expensive cost-plus perpetual contracts, despite having cheaper power available in the spot market, effectively bleeds the state discoms and limits their capacity to push for last mile linkages by offering cheap power.
Some wind power companies are resorting to employee retrenchment as part of their efforts for ‘costs optimisation’ as they take hit on revenues due to a shift from feed-in-tariff to auction model and piling-up of inventories.
For Prabhu, there are several challenges ahead, including the task of making headway in negotiating free trade deals with China, Japan and Australia at a time when countries around the world, including US, are turning hostile towards free trade.
Global oil prices are half 2014 levels, the rupee has been largely neutral against the dollar, but the prices of petrol and diesel — which change ‘dynamically’ on a daily basis — continue to be the highest in nearly 3 years. The Indian Express explain why
Ravi Shankar Prasad also warned all companies dealing with data and said that if any data of an individual is released by name without his or her specific consent, the companies will have to suffer serious consequences.
Crash bars are more dangerous than conventional bumpers and radiator grilles, which are built to crumple on impact while crash bars do not, transmitting the full force of an impact to the occupant of the vehicle as well as other road users such as pedestrians or bikers.
Madhya Pradesh has become the latest state stonewalling Centre’s bid to promote renewable energy by ranking available sources of generation based on the ascending order of prices, after Tamil Nadu and Rajasthan, which issued random backing down instructions.
In light of the fact that developers who were granted connectivity in existing sub-stations earlier did not go on to win any capacity in recent auctions, the renewable energy ministry in a missive to the CERC has made a pitch that winning players be accorded priority for getting grid connectivity.
The State Bank of India leads with sanctions of Rs 3,965 crore, followed by Bank of India and Bank of Baroda, with amounts sanctioned of over Rs 1,200 crore each, according to government data updated till December 2015.
Power distribution utilities in Tamil Nadu, Madhya Pradesh, Maharashtra and Rajasthan are reported to be delaying payments to generators of wind and solar power by 6-12 months, which is putting the cash flow of most of the smaller renewable firms under severe stress
Even though Centre’s fiscal deficit has come down to 3.5 per cent (projected to go down to 3.2 per cent this fiscal), the combined fiscal deficit could continue to edge towards 7 per cent or even higher due to bloating state deficits.
There are two things that Tesla has done differently in the run-up to the launch of the $ 35,000 Model 3, the first “mass market” product from the electric car company, which signals the entry of the luxury vehicle maker into the mainstream car market.
The electric mobility push is in line with the global trend. Norway, which has the highest penetration of electric cars in the world, has set a target of permitting sales of only electric or plug-in hybrid cars by 2025.
Despite a relatively robust position in its nuclear business, Russia’s state atomic energy corporation Rosatom is pushing the envelope by revving up renewable projects in sectors such as wind energy and small hydro.
5,000 trillion kWh per year energy incident over India's land area makes solar a very lucrative option. However, factors like absence of manufacturing facility for silicon wafers, viability of projects due to progressively lower tariffs and looming grid management issues could create roadblocks
Russia’s nuclear energy corporation, Rosatom, is in advanced stages of implementing a plan to develop advanced metal additive manufacturing technology by producing 3D printed parts for the country’s nuclear industry.
Rosatom currently has eight reactor units in Russia and 36 nuclear reactors in various stages of planning and construction in more than a dozen countries (the largest internationally) and eight in Russia.