India sees EU carbon tax proposal as unfair and not acceptable, official says
The latest suggestion was made by an EU delegation led by Gerassimos Thomas, director general for taxation and customs union within the European Commission, who defended the proposed carbon border adjustment mechanism (CBAM) in its meetings with Indian officials.
Power, energy sector in India sees 9 pc growth in hiring in H1FY25: Report
This is reflected in the impressive 9.01 per cent net employment change in the power and energy sector, indicating a move towards a low-carbon future driven by significant government initiatives, according to TeamLease Services 'Employment Outlook Report' for H1FY25.
Power surge: Renewable capacity hits 195,013 MW, transmission network grows by 195,181 Ckm
In parallel, the total installed power capacity has surged from 248,554 MW to 446,190 MW in the same period. The coal power sector also marked a substantial rise in capacity from 139,663 MW to 210,969 MW.
Energy security, energy transition critical for India’s economy and ecology: PM Modi
Addressing the inaugural session of CII Post Budget Conference on ‘Journey towards Viksit Bharat in New Delhi, PM Modi highlighted the announcements made for various sectors in the recently tabled Union Budget 2024-25.
Air New Zealand scraps its 2030 carbon emissions target, saying solutions are costly and scarce
Tuesday's update was a sharp turnaround from a 2022 announcement by Air New Zealand in which it declared itself the second carrier in the world to have its plans validated by the UN's Science Based Targets Initiative aviation framework.
NSE issues warning letter to Suzlon for disclosure lapses
The disclosure seems to be at shorter notice as required under the Sebi's LODR (listing obligations and disclosure requirements) rule, the letter dated July 29 said.
Chinese solar firm Akcome's subsidiary declares bankruptcy amid plunging prices, overcapacity
Zhejiang Akcome Photoelectricity Technology's petition to enter bankruptcy restructuring was submitted by the parent company and was accepted by Changxing county court in eastern Zhejiang province, according to the filing with the Shenzhen stock exchange.
Priority to energy transition in the budget
A number of specific initiatives and measures have been announced for “meeting our commitment for ‘net zero’ by 2070”. These reflect the seriousness of purpose in achieving the goal of net zero with action now, rather than down the road as 2070 is far off.
Activists take aim at bank financing Serbia biomass projects
Biomass derives from organic material such as trees, plants and urban waste, and can be used for heating, electricity generation and the production of transport fuels.
Premier Energies, P N Gadgil Jewellers, 2 others get Sebi's go-ahead to float IPOs
The other two firms that obtained the regulator's clearance to float initial share sales are -- Ecos India Mobility and Hospitality Ltd and KRN Heat Exchanger Ltd.