Sector News rss

News from Various sectors from the B2B Perspective

World’s biggest solar power station to come up in Rewa in MP

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December 17, 2014

The world’s biggest 750 mega watt (mw) solar power station will come up in Rewa district in MP. The plant wuill come up in Rewa’s Gudh area, Madhya Pradesh Energy and Mining Minister Rajendra Shukla said on Tuesday, Dec 16. “World Bank will provide 50 per cent soft loan for setting up the ultra mega… Read More ›

India, Russia to set out energy vision, Siberian deals eyed


India and Russia will strike an energy partnership when Prime Minister Narendra Modi hosts President Vladimir Putin on Thursday to prepare the way for two Siberian oil deals and chart a route for a first pipeline between the two countries. But a joint ‘vision’ document is likely to lack hard details, with terms still being… Read More ›

Intel to invest $1.6 bn in China factory


Intel Corp will invest $1.6 billion to upgrade its factory in the city of Chengdu in western China, the latest sign of how the chipmaker is deepening ties in a market that is proving increasingly troublesome for some U.S. technology peers. As part of the upgrade, Intel said in a statement on Thursday it would… Read More ›

Govt initiates dumping probe into chemical imported from China, Switzerland


The Government has initiated a probe into alleged dumping of a chemical, used in paint industry, by China and Switzerland in the domestic market. The move is aimed to protect domestic players from cheap imports. The Directorate General of Anti-Dumping and Allied Duties (DGAD), an arm of the Commerce Ministry, has begun investigations into the… Read More ›

Plastics waste: The Golden Triangle – industry, government, consumer


It is well known that there are two ways in which society as a whole can improve – either a stick with stringent laws, effective policing and serious punishments for default. Or, when the need for improvement comes from within – a social transformation. The Bhagwad Gita, the Vedas and the Upanashidas talk of self-realisation… Read More ›

TN govt announces measures to strengthen power infrastructure


In a bid to effectively generate, handle and distribute electricity, the Tamil Nadu government today announced a slew of measures in the Assembly to strengthen power infrastructure in the state. Electricity Minister, Natham R Viswanathan said the Generator Protection System installed in the fourth unit in Tuticorin Thermal Power Plant would be replaced with latest… Read More ›

Centre to develop future highways in EPC mode


The Ministry of Road Transport, Highways and Shipping is, henceforth, planning to undertake national highway projects on EPC (engineering-procurement-construction) model instead of PPP (public-private partnership) mode. The EPC vs. PPP issue has been widely debated among road builders and in public forums. The efficacy of PPP projects has been questioned owing to frequent delays in implementation and… Read More ›

New Cities Foundation, Oasis500 launch start-up competition in India


New Cities Foundation and Oasis500 have announced the launch of Omraan in India, a global competition for tech start-ups and innovators rewarding the best urban technology ideas with $30,000 worth of seed funding and a 100-day acceleration programme in Amman, Jordan. Omraan, meaning ‘building’ in Arabic, is a unique initiative aimed at identifying and rewarding… Read More ›

Unsolved global oil supply and demand equation poses risks: Dr Mosongo Moukwa


Soon, the world will not be able to produce all the oil it needs as demand is continually rising while supply is falling. According to International Energy Agency (IEA), oil consumption will rise by 56% between now and 2040, with China and India, both responsible for half of this increase in consumption. A study by Pickering, Holt &Co, an investment bank focusing on energy,… Read More ›

Health push in budget may outdo Obamacare


The Narendra Modi government’s first budget is likely to have a lot of healthy ideas. The budget to be presented by finance minister Arun Jaitley next Thursday is expected to place health management ahe-ad of health insurance and cost modification, and pr-ovide fresh impetus to healthcare reforms with a focus on health assurance, preventive healthcare,… Read More ›