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KEC International wins New Orders of Rs 1,681 crore

Budget Increased Capex To Help India Upgrade Power Transmission And Distribution Network Say Cos

BW Businessworld Budget: Increased Capex To Help India Upgrade Power Transmission And Distribution Network, Say Cos The industry believes that raising duty on solar invertors from 5 per cent to 20 per cent and on solar lanterns from 5 per cent to 15 per cent will encourage domestic production and create demand for the same. Photo Credit : The increased capital expenditure for infrastructure announced in the Budget will help India upgrade its power transmission and distribution network and give further impetus to renewable energy growth, industry players said. To augment the country s infrastructure, Finance Minister Nirmala Sitharaman proposed significant enhancing of capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP).

HKCCI urges Nirmala to consider demands from Kalyana Karnataka

HKCCI urges Nirmala to consider demands from Kalyana Karnataka Updated: Updated: Share Article HKCCI president Amarnath C. Patil addressing presspersons in Kalaburagi.   Hyderabad Karnataka Chamber of Commerce and Industry (HKCCI) has written to Union Finance Minister Nirmala Sitharaman urging her to incorporate the demands concerning Kalyana Karnataka region in the forthcoming Union Budget for 2021-22. HKCCI president Amarnath C. Patil and secretary Shashikanth B. Patil, addressing presspersons here on Wednesday, urged the Union government to take steps for the effective implementation of Article 371(J) of the Constitution accorded to Kalyana Karnataka region and extend reservation benefits in education, employment and basic infrastructure on the lines of Vidharba in Maharashtra. The implementation of schemes under special status for the region was not up to the mark. Even after allocation of huge funds in the last seven years, there was no development, he said.

India Solar Power Market 2021 Key players, Industry Size, Share, Price, Trend and Forecast to 2026

India Solar Power Market 2021 Key players, Industry Size, Share, Price, Trend and Forecast to 2026
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.

Sterlite Power completes merger of subsidiary

Sterlite Power completes merger of subsidiary ​ By IANS | Published on ​ Wed, Jan 13 2021 14:51 IST | ​ 0 Views Power demand. (File Photo: IANS). Image Source: IANS News New Delhi, Jan 13 : Power transmission company Sterlite Power on Wednesday announced the completion of merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd with the parent entity. With this merger, the company has strengthened its position in the marketplace by integrating operations and streamlining the corporate structure. Post the merger, Sterlite Power also announced the audited annual results for Financial Year 2020 that shows consolidated revenue growing by 44 per cent year-on-year at Rs 5,158 crore. The consolidated net profit also grew by 280 per cent y-o-y at Rs 942 crore.

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