Wind segment to enhance energy security
The revised renewable target for 2022 is 227 GW, including 67 GW. We welcome this move as it will also enable India’s energy security and transition to a low-carbon economy. It is also a testament of the government’s confidence in the sector to deliver the targets
Made in India: Havells Looks Beyond Electricals
More than a year after it acquired the consumer durables business of Lloyd Electric & Engineering, Havells has firmed up plans to expand its horizons. POWER TODAY takes an overview of the strategy of one of the country's leading electricals players in also becoming a big boy of electronics.
The power sector of the country has witnessed a considerable change and evolution in the last two decades owing to several policy and regulatory measures.
The wind power sector is going through a transformation with the entry of competitive bidding process. Though it could keep up the pace as of now, analysts say, it will slow down going ahead.
Customers Needs are Shifting to Standby Power Duty Cycles
India continues to witness rapid development but to keep the momentum of growth high, availability of an uninterrupted power supply is a must. India needs electricity to fuel the growth of every industry, be it large-scale or small scale, manufacturing, healthcare or education.
TransUnion CIBIL launches CIBIL MSME Rank
In order to support banks and credit institutions to achieve robust credit growth in the Micro, Small and Medium Enterprises (MSME) sector while managing the non-performing assets (NPAs), TransUnion CIBIL launched CIBIL MSME Rank (CMR) – a credit risk rank for MSMEs.
CIBIL MSME Rank at a glance
CMR is a credit risk rank for MSMEs that predicts the probability of an MSME becoming NPA in the next 12 months.
The Union Budget is full of sops for solar - in terms of investment, village electrification and taxes. But, it calls for building renewable power compatible T&D infrastructure on a war footing.
Budget Reaction | GEM Enviro Management
Reduction in corporate tax rate from 30 per cent to 25 per cent for companies where turnover is less than Rs 50 crore is expected to enable the MSME companies in textile sector. This will help them allocate their resources in expansion and growth and is therefore a welcome step in that perspective
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