Budget 2021 Reaction: Anil Gupta, Chairman & MD, KEI Industries Ltd

Anil Gupta, Chairman & MD, KEI Industries Ltd said : “The prime objective of Budget’21 is to boost and revive the economy that suffered a major setback due to the global pandemic COVID-19 while also increasing the purchasing power of the customers. Allocation of Rs 3.05 lakh crore outlay over 5 years for a more […]

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Budget 2021 Expectations: Nagesh Basavanhalli, Group CEO & MD, Greaves Cotton Limited

Speaking on the expectation of the EV industry from budget 2021 Nagesh Basavanhalli, Group CEO & MD, Greaves Cotton Limited said-India has embarked on the electric vehicles journey with several initiatives being undertaken by the government in recent past. However, we need to keep the focus constant to accelerate EV growth in the country. In […]

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Economic survey recognises need to continue on the path of sustainable development: Sumant Sinha

The Finance Minister Nirmala Sitharaman on Friday presented the Economic Survey that details the state of the economy ahead of the government’s Budget for fiscal year beginning April 1, 2021. Reacting to the Economic Survey Sumant Sinha CMD, ReNew Power and Sr Vice President, ASSOCHAM said “It is heartening to note that the economic survey recognises the […]

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Budget 2021 Expectations: Debi Prasad Dash, Executive Director, IESA

IESA has been actively working in the space of energy storage, electric vehicle, renewable integration & microgrids for the past many years. It has recently enhanced engagement with various GOI Ministries, state utilities & national labs to prioritize the pilot energy storage projects and R&D initiatives. IESA have 120+ energy storage and e-mobility ecosystem players […]

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Return to customer value: standardization of 210 mm size wafer module will benefit the entire industry chain

On November 27th, Trina Solar, Risen Energy, Zhonghuan Semiconductor, Tongwei, Huansheng Photovoltaic, Runyang New Energy Technology, Canadian Solar, Wuxi Shangji Automation jointly proposed to promote the standardization of 210mm silicon wafer and module size in the photovoltaic industry. The eight companies jointly suggest to use the silicon wafer size following the SEMI standard within the […]

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APP writes to FM to Mobilize Unlocking of funds stuck in Arbitrations

The Association of Power Producers (APP) wrote to Minister of Finance, Nirmala Sitharaman on 17 November 2020, highlighting the concerns of power debtors and extended litigations that has been egging the power sector. The letter titled, ‘Request for key financial support required for revival of the infrastructure industry’, laid out the major issues pressing the sector […]

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Sugarcane Ethanol offers India a viable pathway towards GHG reduction

A global consensus is slowly emerging, on the need to transition from traditional fossil fuels to cleaner, greener alternatives. Nations across the world are working on a viable policy roadmap to usher in this shift, with the aim to mitigate the effects of climate change and decarbonise our future. India has displayed a singular focus […]

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Contribution of solar energy sector in the revival of Indian economy

COVID-19 pandemic has caused direct or indirect effects on every industry. It has brought the world to a standstill and has impacted our lives deeply. Solar energy sector has been highly affected in these unprecedented times. With the prevailing uncertainties in the industry, the solar energy sector is trying to bounce back in business to […]

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Green recovery plans boost income, employment and GDP: Report

New analysis, commissioned by the We Mean Business coalition and conducted by Cambridge Econometrics, shows that green recovery plans boost income, employment and GDP better than return-to-normal stimulus measures, with the added benefit of reducing emissions. In all geographies modelled (global, the EU, Germany, Poland, Spain, the UK, USA, Japan and India), green recovery plans were found to be more effective than […]

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