Emphasis on PPP is good for T&D
There seems to be progressive movement in the transmission and distribution sector, which is expected to give an impetus to growth of this space, says Ramesh Chandak, Managing Director and CEO, KEC International Ltd
Concept Solutions invests in Capture Solar
Cyprus-based photovoltaic solutions provider Concept Solutions & Innovation has made a $125 million investment in Pune-based solar energy solutions firm CaptureSolar Limited financing the company´s 90 MW solar project in Pune.
Gas development in Rajasthan
Cairn India's Rajasthan oil block is currently witnessing a new focus on gas prospects. The company in its annual results had informed the market that development of the Raageshwari Deep gasfield is presently underway.
With the CNX Infra Index in a Modi-fied zone and the S&P BSE Power Index gaining momentum, power experts are expecting golden days for the sector. Rahul Kamat explores four stocks that should perform well in the near future.
Tata Power, L and T eye rooftop solar projects in Odisha
Five companies including Tata Power and engineering major L&T have shown interest to develop rooftop solar power projects in Odisha. The companies are interested in the request for qualification (RFQ) tender floated by Green Energy Development Company Ltd (Gedcol), the nodal agency of the state government to develop grid solar power in the state. The rooftop solar energy project would cost around Rs 50 crore for installing equipment to generate 5 MW of power. Gedcol will be providing the money f
Infuse Ventures makes second close at $18 million
IIM Ahmedabad´s tech incubator CIIE has announced that its cleantech fund, Infuse Ventures, has made its second close at Rs 110 crore ($18 million) and aiming to make a final close at around Rs 125 crore ($20 million). Infuse Ventures, which was originally targeting to raise Rs 75 crore for the second close, had made its first close last May. The firm has pooled in money from backers such as BP, International Financial Corporation (IFC), and Ministry of New and Renewable Energy (MNRE) and Techno
Benjamin Yiu joins Eaton Aerospace Group
Benjamin Yiu, General Manager will be responsible for leading Eaton's business activities in the Asia-Pacific region and will be based in Shanghai, China. Yiu began his Eaton career in 1998 as a business development executive and went on to become general manager for the industrial brake and clutch business in Shanghai.
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