Investment

Biofuels policy based on ethanol approved   The Union Cabinet has approved National Policy on Biofuels 2018 with likely funding schemes for bio refineries and setting up of supply chain mechanism. The policy promotes use of ethanol produced from agricultural...

Task force works on coal cost control A task force has worked out mechanism to reduce landed price of coal, leading to savings in cost of power generated and reduce transportation cost. The Inter-Ministerial Task Force (IMTF) said savings achieved...

NER's rich in water resources Prof. Sachin Chaturvedi, Director General, Research and Information System for Developing Countries (RIS) has recommended a think-tank on the North Eastern Region (NER) at the Central Government level. “There were several important recommendations discussed in...

Takeover to ensure efficiency and lower tariff   NTPC Limited is taking over Bihar's three power generation facilities to help improve the performance of Power Sector in state. NTPC is taking over Barauni Thermal Power Station (720 MW), Bihar State...

Manufacturer in talks with Indian businesses The UK-based MPE is working on increasing its services in the Indian defence sector. It has currently established network through Bronze Distribution Partner for India, Strongfield Technologies Limited (info@strongfieldtech.com). "We are in discussions with a...

Alumina production target at 2.1 million tons National Aluminium Company Limited (NALCO) has set a challenging capital expenditure (CAPEX) target of Rs.1,100 crore for the year 2018-19 with projects like the one million tonne 5th stream of refinery. Its other...

Give free play to innovation, says Kant There is a need to embed the principles of circular economy in India’s school education system to equip young learners with the right mindset and enable them to become active shapers of a...

Framework for large wind-solar system Ministry of New and Renewable Energy has issued National Wind-Solar Hybrid Policy on 14 May 2018. The objective of the policy is to provide a framework for promotion of large grid connected wind-solar PV hybrid system...

Prabhu calls for Skilling Aviation people   Civil Aviation Minister Suresh Prabhu has reviewed the progress being made on developing National Air Cargo Policy and call for sufficient land allocation for upcoming airports. Recognizing the need for increasing air cargo...

REIT receives enthusiastic response Easy and dedicated access to institutional financing, higher limit on external commercial borrowings (ECB) will attract more investments and assure sustained growth of affordable housing in India, making it the core driving segment for real estate....