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Decarbonization is Mission Critical Now: Ratul Puri

New Delhi [India], August 25 (ANI/NewsVoir): The need for Renewable & Green energy is now mission critical. Since 1970, CO2 emissions have increased by about 90 per cent, with emissions from fossil fuel combustion and industrial processes contributing about 78 per cent of the total greenhouse gas emissions increase from 1970 to 2011. Ratul Puri, Group Chairman, Hindustan Powerprojects said, "As per the Energy Information Administration (EIA) projections, there is going to be a nearly 50 per cent increase in global energy use by 2050. As economic activity restarted after the Covid lockdowns, there were reports of rising energy costs and tight supplies from all parts of the globe. Global summits talk about commitments from all nations on net-zero emissions and carbon neutrality. And yet, fossil fuels like coal, oil and natural gas supply 80 per cent of the world's energy used. Large parts of the developing world rely on that. That is why global energy debates have the potent ....

France General , New Delhi , Ratul Puri , Narendra Modi , Intergovernmental Panel On Climate Change , Renewable Energy , Energy Information Administration , Ministry Of Energy Sources , Exchange Board Of India , International Solar Alliance , Group Chairman , Hindustan Powerprojects , Intergovernmental Panel , Climate Change , Exchange Board , Non Conventional Energy Sources , Minister Narendra Modi , New Delhi India , Ugust 25 Ani Newsvoir The Need For Renewable Amp Green Energy Is Now Mission Critical Since 1970 , O2 Emissions Have Increased By About 90 Per Cent , Ith Emissions From Fossil Fuel Combustion And Industrial Processes Contributing About 78 Per Cent Of The Total Greenhouse Gas Increase 1970 To 2011 Ratul Puri , Group Chairman , Industan Powerprojects Said , Uot As Per The Energy Information Administration Eia Projections , Here Is Going To Bea Nearly 50 Per Cent Increase In Global Energy Use By 2050 As Economic Activity Restarted After The Covid Lockdowns , Here Were Reports Of Rising Energy Costs And Tight Supplies From All Parts The Globe Global Summits Talk About Commitments Nations On Net Zero Emissions Carbon Neutrality Yet ,

Hindustan Power to support families of employees succumbing to coronavirus

Hindustan Power has announced financial support for families of all employees, including contract staff, who succumb to COVID-19.
The company is providing one-time support of Rs 8-10 lakh per employee to each family and also continuous financial support for the well-being of the family due to loss of earning member, it said in a statement.
Hindustan Power will also make an additional monthly payment in the range of Rs 35,000-Rs 50,000 for next three years. This to help cover living expenses, besides supporting the education of the children.
For employees who have recovered from COVID-19, in addition to health care insurance benefits, the company is providing interest-free financial loans and special paid leaves. ....

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Macquarie looks to sell 450MW solar assets for $300 mn

Macquarie looks to sell 450MW solar assets for $300 mn
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The sale process comes at a time when solar power tariffs in the country have touched a record low of ₹1.99 per unit. Bloomberg
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Macquarie Infrastructure and Real Assets (MIRA), one of the largest foreign infrastructure investors in India, plans to sell around 450MW of solar power projects for an estimated equity value of around $300 million, said two people aware of the development.
Around 330MW of these operational solar assets were acquired from Hindustan Powerprojects Pvt. Ltd.
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Jeff Bezos shares note from a couple who bought 2 shares of Amazon in 1997. Read full text here ....

Macquarie Infrastructure , Hindustan Powerprojects , மக்வரீ உள்கட்டமைப்பு ,

Adani Green Energy Signs Agreement to Acquire 20 MW Operating Solar Asset for INR 133 cr

Adani Green Energy Signs Agreement to Acquire 20 MW Operating Solar Asset for INR 133 cr
Posted On:
2021-01-23 05:22:37
(Time Zone: Arizona, USA)
Adani Green Energy Limited (AGEL), signed a securities purchase agreement for acquisition of 20 MW operating solar project of Hindustan Powerprojects Pvt. Ltd on Friday, January 22, 2021. The project is located in Mahoba, Uttar Pradesh and was commissioned in October 2017. It has a long term Power Purchase Agreement (PPA) with UP state discom.
The closing of the transaction is subject to customary approvals and conditions. The acquisition is being done at an enterprise valuation of INR 133 crore. With this acquisition, AGEL will have operating renewable capacity of 3,145 MW and total renewable portfolio of 14,815 MW. It is noteworthy that AGEL s current operational capacity in Uttar Pradesh is 375 MW. ....

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