APT Translations

Experts said that Budget speech could have provided valuable clarity by outlining specific initiatives that would benefit from allocation announced in Interim Budget

The company reported total sanctions growing by 24% to ₹1,12,791 crore from ₹90,797 crore in the corresponding quarter last year. Within this, sanctions to the renewable sector saw a substantial increase of 59% to ₹39,655 crore from ₹24,985 crore.

Brazil has made a proposal to impose a 2% minimum tax on billionaires a top priority of its presidency of the Group of 20, ahead of the Nov. 18-19 summit in Rio.

Speaking at the Mercom India Renewables Summit 2024, Joshi emphasized the government's focus on boosting renewable energy, reflected in various initiatives and Budget 2024 announcements.

Speaking at FICCI's Future Rail India 2024 conference, Anil Kumar Khandelwal, Member (Infrastructure) of the Railway Board at the Ministry of Railways said, "Our first hydrogen train will be coming this year, and we are planning to launch about 50 by 2047."

The framework for the Vendor Rating Programme was officially approved on 29th February 2024, and administrative approval followed on 16 March 2024. This initiative seeks to empower households to generate their own electricity by installing rooftop solar systems, thereby increasing the share of solar rooftop capacity in the country.

Tata Power Solar Ltd sought clearance for 20 visa applications filed by Chinese engineers in 2024, ReNew Power requested visas for nine Chinese engineers, and Avaada Electro submitted applications for seven professionals crucial to their ongoing projects across the country, they said.

The case for action is clear as scientists have said intense heat linked to man-made carbon emissions is a growing risk to competitors at the world's largest sporting event and beyond.

While on one hand it is said to boost the domestic manufacturing landscape but on the other hand industry players feel that it is crucial to reduce dependence on other countries for the components.

Renewable energy sources have been grabbing a steadily growing share of the power mix for years, which has allowed power firms to cut coal-fired power and reduce emissions.