INDIA
Jal Jeevan Mission: Govt's tap water scheme to be completed by 2028, says Minister Patil
Patil said the biggest challenge under the mission is about purity of water
INDIA
'Hard to call it river’: CR Patil slams state of Yamuna in Delhi, sets 3-year goal for drinkable water
Patil said that after the Bharatiya Janata Party (BJP) won the Delhi Assembly elections, Prime Minister Narendra Modi convened a meeting to discuss cleaning of the river
BUSINESS
JSW Energy Q4 net profit rises 16% to Rs 408 crore; increases power generation target to 30 GW
The company unveiled 'Strategy 3.0' targeting 30 GW of generation capacity by 2030 along with 40 GWh of energy storage, up from the previous goal of 20 GW generation capacity.
WORLD
EAM Jaishankar says IWT in abeyance till terror stops, after Pakistan seeks talks on water pact
The only thing to be discussed on J&K is the vacating of illegally occupied territory by Pakistan, and India is open to that discussion, External Affairs Minister S Jaishankar said on May 15.
BUSINESS
Tata Power open to investing in thermal power again, says CEO Praveer Sinha
Tata AutoComp Systems will manufacture batteries and provide them to Tata Power, which will execute all renewable energy power projects with battery energy storage systems, Tata Power CEO and MD Praveer Sinha told Moneycontrol.
WORLD
Operation Sindoor: Crude oil rules India’s trade with Azerbaijan
India's crude oil imports from Azerbaijan fell to $733.09 million in 2024, as per UN Comtrade data. Despite the drop, Azerbaijan remains a key player in India’s diversified energy sourcing strategy.
BUSINESS
Deals over dinner rolls in Davos; ReNew to invest Rs 22,000 cr in Andhra
A slew of renewable energy players opted out of the state between 2019 and 2023, but the Chandrababu Naidu administration is trying to change that with a new clean energy policy. Project approvals and land for ReNew's 2.5 GW project with 1 GWh of battery storage was cleared by the government in four months.
BUSINESS
Makers of wind turbines, solar modules eye a slice of UK's $20 billion clean energy market
India and the UK are also going to collaborate on round-the-clock power supply technologies, industrial decarbonisation, and offshore wind supply chains and financing models, senior government officials told Moneycontrol.
INDIA
'Paani aur khoon...': PM Modi's stern message to Pakistan on Indus Waters Treaty suspension
Going forward India plans to use the Indus, Jhelum and Chenab rivers to address irrigation and water needs of its own states.
BUSINESS
Hydropower generation from Jammu and Kashmir may increase by 30% this season
Under the Indus Waters Treaty, India could neither fill its reservoirs to the designed capacities, nor could it flush the waters beyond certain levels, thereby impacting power generation at hydropower plants.
BUSINESS
Govt sacks SECI CMD RP Gupta amid raft of controversies
Gupta was at the helm of SECI from June 2023 and his tenure was supposed to end next month. The sudden termination order came even as the government is yet to initiate the process of finding a replacement.
INDIA
Foreign secretary Vikram Misri says critical infrastructure intact, Pakistan attack claims 'tissue of lies'
Crisis management plans have been activated for all critical infrastructures — from power plants to refineries — to avert any mischief from across the border
INDIA
J&K LG Sinha, CM Abdullah begin relief measures for victims of Pakistan shelling
While lieutenant governor Sinha went to Uri, chief minister Abdullah drove down to Jammu from Srinagar to assess the damage and reach out to the residents who have borne the brunt of cross-border shelling.
POLITICS
India warns Pakistan of consequences if its infrastructure is targeted
India has beefed up its security for its strategic infrastructure such as power plants and refineries, even as the foreign secretary warned Pakistan against any attack on Indian assets.
BUSINESS
India, EFTA trade deal likely to be operational by September
While, the trade and investment deal between India and EFTA nations was inked on March 10, 2024, it is yet to be implemented given lengthy ratification processes.
BUSINESS
India-UK FTA: India reserves the right to retaliate if UK introduces CBAM, say govt sources
CBAM won’t restrict market access to Indian industries. Besides, some mechanism of being taxed in India before the goods are exported to the UK could also be considered to avoid CBAM, a government official said.
BUSINESS
India-UK FTA: Text to be finalised by 3 months paving way for deal signing
However, given Britain's ratification process the deal may take over a year to become operational, officials said.
POLITICS
Govt approves transmission network for biggest hydropower plant on Indus river system
The approval was notified in a record 40 days. The government usually takes several months to issue such clearances for hydropower projects, a ministry official said.
BUSINESS
Union Cabinet approves revamped coal allocation policy as India plans to expand its thermal power capacity
The revised policy will offer an opportunity to a number of private companies who have won commercial and captive coal mines in the government's auctions to set up thermal power plants in the future.
POLITICS
Operation Sindoor: Hydropower plants, national grid activate crisis management plans
India's national grid is one of the largest unified electricity grids in the world, with an installed generation capacity of 475.211 GW
BUSINESS
India-UK FTA done and dusted but bilateral investment treaty still pending
Talks on BIT are on but inclusion of taxation is a contentious issue. Officials are hopeful of sealing the deal this year
BUSINESS
Double Contribution Convention: Indian workers in UK exempted from paying social security for three years
The decision is likely to ensure savings of around 20 percent in the salaries of Indian workers in the UK, as per estimates of the Ministry of Commerce. It is expected to benefit more than 60,000 employees from IT sector alone. Besides, it will give a Rs.4000 crore competitiveness boost to Indian companies in the UK.
BUSINESS
If EU imposes carbon tax, India will retaliate, says Piyush Goyal
Commerce Minister Goyal refused to clarify if talks around tariff negotiations with the US could be concluded within the 90-day pause period.
BUSINESS
India to commission 2 power projects on Chenab in 2026, contractors summoned
The government has done a review of all under-construction projects in J&K and told contractors that delays are unacceptable, power secretary Pankaj Agarwal has told Moneycontrol
