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PFC Expects Additional Rs 35K Cr for Enhanced Discoms Funding

PFC has said that it expects additional funding requirements of Rs 35000 crore to meet the obligation for enhanced funding for power Discoms in near future. The Power Finance Corporation (PFC) has said that it expects additional funding requirements in a range between Rs 30,000 crore and Rs 35,000 crore to meet the obligation for […]

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RITES Bags Rs 475 Crore Railway Electrification Contract

RITES Limited has announced that it has been awarded a contract worth Rs 475 crore for electrification works of various arms of the Indian Railways. RITES Limited, a Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India has announced that it has been awarded a contract worth Rs 475 […]

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PepsiCo Announces Target for 100% Renewable Electricity by 2030

PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […]

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Enel X Awarded Grants for Future Electrification of Bus Fleets

Enel X has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). Enel X, the Enel Group’s advanced energy services business line, has announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). […]

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Airbus Reveals Concepts for new Zero Emission Commercial Aircraft

Airbus has revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. Airbus, the world’s largest airline manufacturer, has revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. These concepts each represent a different approach to achieving zero-emission flight, exploring various technology […]

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Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in

Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […]

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Wind Sector in Southeast Asia Needs $14 Bn in Investments by 2030: WoodMac

According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. This is to support the 8.9 gigawatts (GW) of new wind power capacity […]

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AIPEF Urges Modi to Consider Objections Raised Against Electricity Bill

AIPEF has written to the Prime Minister, urging him to consider the objections raised by the stakeholders on Electricity (Amendment) Bill 2020. The All India Power Engineers Federation (AIPEF) has written to the Prime Minister, urging him to consider the objections raised by the stakeholders on Electricity (Amendment) Bill 2020, and not to rush to make the proposed changes […]

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Walmart Sets Goal to be Zero Emissions Company by 2040

Walmart is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart has announced it is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart and the Walmart Foundation are also committing to help […]

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