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Tata Power’s Q1 Generation Up 5.5% to 13,113 Mus

In line with its commitment to generate 30 percent to 40 percent power from non-fossil fuel sources by 2025, Tata Power is progressively increasing its renewable energy installations in India. Country’s one of the leading integrated power company, Tata Power’s generation capacity has increased by 5.5 percent to 13,113 MUs in Q1 FY19 as compared […]

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Safeguard Duty: Manufacturers Back Govt Move; Raise Concerns on Clarity

If SEZ units are not exempted from SGD, it will lead to further job losses and harm the manufacturing ecosystem in India, which is already bleeding: Gyanesh Chaudhary Despite solar manufacturers’ welcomed the government’s move on safeguard duty imposition on solar imports from China and Malaysia, they have raised their concerns as well and want […]

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All-Women Staff takes Charge at Tata Power’s CRC in Mumbai

An all-women CRC is the company’s first major move to address its women customers better. In a boost to gender equality, Tata Power inaugurates India’s first ‘All-women’ staff Customer Relations Centre (CRC) for its power utility customers. This CRC in Andheri (West), Mumbai will be entirely managed by a team of seven women who are trained […]

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Tesla May Build New Factory in Europe

The plan to build factory in Europe followed Tesla’s June revelation to construct a factory in Shanghai which would add to its production capacity. Major electric vehicle maker, Tesla is thinking to build a major factory in Europe following talks with officials of Germany and Netherlands. The new factory in Netherlands, if successfully built, is […]

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Beach Resort ‘Outrigger’ First on the Island to Harness Sunlight

The resort is first of its kind on Mariana Island where using solar energy to generate electricity was just a dream prior to the installation. Off the western pacific coast of the U.S., Outrigger Guam Beach Resort has collaborated with O3 Energy of Mariana to install rooftop solar panels to generate some of the required […]

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Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra

The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017.   India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […]

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Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018

Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […]

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Kochi Airport Bags Highest UN Environment Honour

CIAL was chosen for ‘action and inspiration’ category which recognizes individuals or organizations taking bold environmental steps and inspiring others to follow their green footsteps. Cochin International Airport (CIAL) has been selected for the highest environmental honour ‘Champion of Earth Prize -2018’ instituted by the United Nations. CIAL was chosen for ‘action and inspiration’ category […]

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Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr

Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […]

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