As per a senior representative of one of the biggest State-run power National Thermal Power Corporation Limited intends to seek a strategic shareholder for its sustainable energy division National Thermal Power Renewable Energy Limited (NREL) before it lists on stock markets in October 2022. The National Thermal Power Corporation Limited listing is part of the state-run power companys overall Rs 15,000-crore asset sales strategy during the next 3 years. North Eastern Electric Power Corporation
Siemens Gamesa announced recently that it has received the order from Ayana Renewable for 302 megawatts (MW) of wind turbines. The financial terms of the transaction were not revealed. Ayana managed to win the proposal, which is set to be completed in 2023, in the Solar Energy Corporation of Indias (SECI) tenth bid portion in March 2021, when the minimum tariff of Rupees 2.78 per unit was revealed. Ayana Renewable Power is supported by shareholders such as the CDC of the United Kingdom and the
The 13.5-Megawatt venture in Osmanabad, Maharashtra, will provide solar energy to Orient Cements production plant in the state, according to the declaration. Orient Cement has agreed to sign an agreement (Power Purchase Agreement) of 25 years with Amp Energy India for the purchasing of solar energy.
Amp Energy India announced the completion of its second free source solar plant in Maharashtra. According to a company statement, Amp Energy India has recently authorized a 13.5 MW solar power ve
Carton producers are prioritizing manufacturing cartons from 100% recycled and renewable materials, which will lead to the reduction in their plastic consumption by 2030 and also scale up their sustainability along with helping meet the global climate goals.
Such pledges by beverage carton producers are part of the industry group Alliance for Beverage Cartons and the Environments roadmap to 2030.
It is planned to reach a 70% recycling rate along with a 90% collection rate by the end of th
The restaurant sector all over the world is one of the worst-hit sectors during the pandemic. Restaurants were shut down in India and several other countries after the imposition of lockdown during the first week of a pandemic. However, the second wave has also strongly impacted the fragile restaurant sector, which further forced many restaurants to shut down permanently.
Transport report by the National Restaurant Association of India, the restaurant sector witnessed a 53% decline in busine
Nuclear power plants produce 3 of Frances grid power, however, that picture is changing. The nation intends to produce one-third of its electric energy from renewables. Wind and solar farms have sprouted up across the country, and now the nation is on the verge of developing a solution so revolutionary that it would never touch land in any way: the floating wind farm. Floating wind turbines are very innovative and have the potential to be an important part of the future energy mix, stated Lono
A new study reveals that there is no significant influence or impact on driving ability after CBD-infused marijuana smoking. However, the study also showed that there is no impact on vital signs in spite of the fact that all the participants in the study surpassed the legal limit for THC in the blood.
For the pilot study undertaken in Switzerland, around 33 people in this study were given a joint containing either 500 mg of CBD marijuana or 500 mg of placebo containing a nicotine-free and ca
Royal Dutch Shell, an oil and gas major, has come out as a surprise bidder to acquire an Indian renewable platform of Actis Llp, Sprng Energy. Shell is the largest liquefied natural gas trader globally and will be in competition with the Australian infrastructure fund, CPP Investment Board, and Macquarie and Canadian pension fund for a billion-dollar and more buyout. All these candidates were shortlisted after the first round of screening from the list of 20 potential candidates that were comp
Indonesias electricity supply is still largely reliant on coal, despite a small track record on renewable sources. However, if early signs of a surge in solar adoption are supported, it could have a significant effect on Southeast Asias largest economy.
Indonesia intends to transition away from coal source energy and become carbon-free by 2060, if not sooner. Even with a tropical archipelagic country of 17,000 islands graced with year-round sunlight, Indonesia ranks last out of G20 countries
Bharat Petroleum Corporation Limited (BPCL) is likely to invest Rs 25,000 Cr to improve its portfolio of renewable energy and actively work towards achieving net-zero carbon emission goals. Also, the company is building a team for promoting diversification. However, these efforts are part of the companys goal to achieve net-zero emissions this year.
BPCL is focusing on developing 10 GW of renewable energy capacity with the help of inorganic and organic roots by the end of 2020 while the comp