The billionaire, who has pledged to invest $70 billion in the green energy supply chain by 2030, said that a more pragmatic transition to green energy may now be conceptualised.
China connected 55 gigawatts of solar power & 48 gigawatts of wind last year. But the country's electricity consumption in 2021 grew at 10% & will increase again by 5-6% this year.
Karnataka could create history this fiscal by trumping Maharashtra, Gujarat & Delhi as India's No. 1 investment destination. It was in 2008-09 that a state last accounted for 45% of total FDI.
Delaying the switch to zero-carbon power isn’t giving developing countries a chance to catch up with richer nations — it’s retarding their development.
An IMF official said India's debt is at a ratio of about 90%, and it is important to signal to investors to that the ratio will decline in the medium term.
The acquisitions are part of a string of deals Ambani has announced as he pledges to invest $10 bn in alternative energy over 3 yrs, putting him squarely in competition with Adani Group.
New research by Queensland university and Princeton faculty involved visits to the Angul district in Odisha in 2018 and 2019, which is home to 11 coal mines.
Officials say NTPC plans to build large renewable energy parks for which it has secured land for 5-gigawatt facility in Gujarat. It will also set up offshore wind power plants.
The pivot towards a greener, cleaner version of itself won’t be an easy one for Reliance industries, which got about 60% of revenue from its hydrocarbon-fueled energy operations in FY20-21.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
COMMENTS