Lonar Lake

The Arunachal Pradesh government on Wednesday signed a memorandum of understanding (MoU) with the Norwegian Geotechnical Institute (NGI) to explore feasibility of harnessing geothermal potentials that the state's numerous hot springs offer.
The MoU was signed by state science and technology secretary Repo Ronya and Dr Rajinder Bhasin, technical expert from NGI, in presence of Chief Minister Pema Khandu, Science and Technology Minister Honchun Ngandam, chief secretary Dharmendra and senior advisor of Norwegian embassy in New Delhi, Dr Vivek Kumar.
Congratulating the NGI and the department of science and technology, Khandu termed the signing of the MoU as a right step towards green and clean energy production especially in the light of global warming concerns.
"It is a great coincidence that this MoU is being signed on World Tourism Day as its theme this year is Tourism & Green Investment' that perfectly goes in tandem with this new initiative," the chief minister said.
He expressed

clean energy, fuel, hydrogen fuel

TotalEnergies took a 45 per cent stake and QatarEnergy holds the remaining 25 per cent

smart meter

Genus says this is the largest transaction in the smart metering space in India

Oil, Energy

In a major boost for energy cooperation between Nepal and India, private entities and companies of both countries on Wednesday inked an agreement for selling and buying energy directly

Bureau of Energy Efficiency comes up with star ratings for inverter ACs

The Centre and Bureau of Energy Efficiency (BEE) have directed state governments to expedite energy efficiency activities on a mission mode, Andhra Pradesh State Energy Conservation Mission Chief Executive, A Chandrasekhara Reddy said on Sunday.
He said the energy efficiency movement is aimed at securing the interests of future generations and the economy at large.
In accordance with the Government of India's policy to increase energy efficiency and substantially reduce greenhouse gas emissions by achieving the country's climate change targets (Panchamrit), the Union Ministry of Power-led BEE has emphasized the need for all state designated agencies to engage deeply in the energy efficiency movement on a mission mode, said Reddy in an official press note.
Abhay Bakre, Director General of BEE directed state energy saving bodies to strive to achieve the national energy savings target of 150 million tonnes of oil equivalent of energy, which equates to 750 billion units of ...

rice

Flagging rampant wastage of water in the agriculture sector, a parliamentary panel has recommended to the government to explore the option of having "energy efficient pricing" and said it may become an important tool for sustainable management of groundwater resources.
The Parliamentary Standing Committee on Water Resources, in its report tabled in Parliament on Tuesday, pulled up the government over its response to an earlier suggestion of the panel on the issue.
The panel said there is an urgent need to bring down the water consumption in the agriculture sector. It also said subsidized electricity and fertilizer had encouraged farmers to grow water-intensive crops even in the areas having water scarcity, and called for "institutional changes".
The report stated the committee regrets to note that the action taken reply furnished by the Department of Water Resources, River Development and Ganga Rejuvenation is silent on the specific recommendation of the committee urging it to explo

Energy, fuel, natural gas

The European Union (EU) will provide 500 million euros ($504 million) in grants for the Western Balkan countries to tackle energy crisis, European Commission chief Ursula von der Leyen said here

Firewood (Photo: Bloomberg)

Not far from Berlin's Nazi-era Tempelhof airport, Peter Engelke is putting up a new security gate at his warehouse because of concerns about desperate people pilfering his stock

Renewable energy, wind power

Governments must deliberately use public investment and regulation to rapidly scale-up clean energy technologies to bring down costs, achieve global climate goals and boost economies worldwide

power, electricity

Serentica Renewables will supply 600 MW to Vedanta Group, set up energy storage capacity in three states

Tyres

Michelin X Multi Energy Z tyre has been awarded the industry's first fuel savings label with a 4-star rating by the Bureau of Energy Efficiency (BEE), the company said in a statement

wind energy

In the recent report, Rajasthan has registered 61 points, which is a tremendous rise from the score of 18.5 at the previous year index, SEEI 2019.

R K Singh

RK Singh said a committee will be set up having members from all relevant Ministries for implementation of the Roadmap on Energy Efficiency and low carbon technologies

lemon tree, hotels, resort

Energy Efficiency Services Ltd (EESL), a joint venture under the Ministry of Power, has signed a MoU with Lemon Tree Hotels Ltd for implementing energy efficiency and conservation measures

From Rs 90 cr to Rs 700 cr company: How LED bulbs lightened fortunes of EESL

State-run Energy Efficiency Services Ltd (EESL) has inked a pact with Petroleum Conservation Research Association (PCRA) for implementation of Energy Efficient PNG Cook Stove (EEPS) programme, across India.
The EESL, a joint venture of PSUs under the Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with PCRA, Ministry of Petroleum & Natural Gas for implementation of the EEPS programme on a pan-India basis, a statement said.
The MoU was exchanged in the presence of Tarun Kapoor, Secretary (Petroleum an Natural Gas) and Chairman, PCRA, during the inauguration of SAKSHAM (Sanrakshan Kshmata Mahotsav) Campaign 2021, a month long annual event by PCRA.
Under this MoU, the EESL will execute and implement the EEPS programme across India and will collaborate with the PCRA to promote the programme and distribute energy efficient PNG (piped natural gas) based cook stoves to prospective consumers.
The EEPS programme, in its first phase, will witness the ..

bses, power, transmission, electricity

The BSES discoms have launched a replacement scheme for its consumers in Delhi to have energy-saving air conditioners and fans for substantial discount, a company spokesperson said

Energy

The programme will help scale up the deployment of energy saving measures in residential and public sectors, strengthen EESL's institutional capacity

Stocks to watch on Thursday, September 28 2023: Telecom stocks too may see some action after Trai data for July showed considerable new subscriber additions for Jio and Airtel; and loss of market shar

BSE, stock market, sensex

Closing Bell on September 28, 2023: 
Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'

bulls, bears, markets, sensex

Vedanta Ltd.'s parent, Vedanta Resources, will remain the holding company, the people said. Deliberations are ongoing and no final decisions on the structure or timing of the de-merger have been made

Vedanta refinery

As markets anticipate inclusion of the debt in other indexes, including the Bloomberg Global Aggregate, the flows could rise to $50 billion by the end of next year

ICICI Bank

RBI says widening due to higher trade deficit, lower surplus in net services and decline in private transfer receipts

current account deficit

Here is the best of Business Standard's opinion pieces for today

Trade talks

According to Ravi Nathani, an independent technical analyst, one should adopt a 'Buy on Dips' strategy for Nifty Private Bank index, while a 'Sell on Rise' strategy in case of the PSU Bank index.

markets, stocks, stock call, buy, sell, trading ideas, buy sell ideas

Former bureaucrat Amit Khare was on Monday given extension as advisor to Prime Minister Narendra Modi, a Personnel Ministry order said.
He was appointed to the post for two years in October 2021.
Khare, a 1985-batch (retired) Indian Administrative Service (IAS) officer of the Jharkhand cadre, had superannuated on September 30, 2021. He last served as the higher education secretary.
The Appointments Committee of the Cabinet (ACC) has approved the extension in Khare's tenure, on contract basis on the usual terms and conditions as are applicable in the case of re-employed officers of secretary-level in the government of India, beyond October 12, 2023 for a period "co-terminus with the term of Prime Minister", the order said.
In another order, the ACC has approved the extension in tenure of Rajesh S Gokhale as secretary, Department of Biotechnology, for a period of two years -- with effect from November 1, 2023.

Amit Khare

NGOs registered under the Foreign Contribution Regulations Act (FCRA) will now have to provide details of moveable and immovable assets created by them using foreign funds.
The need for mandatory declaration of assets by the NGOs by the end of every financial year (March 31) came after the Ministry of Home Affairs (MHA) on Monday issued a gazette notification modifying the rules that govern the NGOs which receive foreign funding.
According to the law, all NGOs receiving foreign contributions have to be registered under the FCRA.
The MHA made the changes in the Foreign Contribution Regulation Rules, 2010, by inserting two clauses -- (ba) details of movable assets created out of foreign contribution (as on March 31 of financial year) and (bb) details of immovable assets created out of foreign contribution (as on March 31 of financial year) -- in Form FC-4.
Form FC-4 is filled by NGOs and associations granted FCRA licences for filing their annual returns.
The MHA also decided to exte

Foreign funds

The Biden administration announced Monday that it is offering a $2 billion loan to Poland, which has been a hub for weapons going into Ukraine, to support the ally's defense modernisation.
The State Department said in a statement that Poland is a stalwart ally of the U.S. whose security is vital to the collective defense of NATO 's eastern flank, and that such funding is reserved for Washington's most important security partners.
The U.S. government is also providing Warsaw up to $60 million for the cost of the loan in Foreign Military Financing (FMF) which would support urgent procurements of defense articles and services from the United States, the State Department said. The $60 million is a loan subsidy meant to ensure that Warsaw can secure favourable terms for the loan.
Poland has been a staunch supporter of Ukraine since Russia's full-scale invasion of the country, handing over large numbers of its own tanks, fighter jets and other equipment. It has also been a hub for most of

poland flag

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

Is inflation hurting FMCG companies' pockets? Can Indian e-gaming survive the tax demand? Is it time to book profit in real estate stocks? Why has the Cauvery dispute flared up again? Answers here

A (then) pan-masala chomping man notorious for putting down management theories, strategic thinking, and all the stuff that agencies thought was going to save them

Piyush Pandey

Tata Steel on Thursday said it has signed an agreement with Indian Oil Corporation Limited and its business associate to further reduce carbon footprint at its Ferro Alloys plant.
The agreement encompasses LPG supply, installation of LPG facilities, and the operation and maintenance of the same at the company's Ferro Alloys Plants in Gopalpur of Ganjam and Athagarh of Cuttack districts in Odisha, the steel major said in a statement.
Tata Steel has decided to transition from Furnace Oil and High-Speed Diesel to a more sustainable fuel option - Liquified Petroleum Gas (LPG) in response to the pressing environmental concerns and the global imperative to reduce carbon emissions.
This eco-friendly move is expected to bring about a considerable reduction in carbon emissions, it said.
Tata Steel's Ferro Alloys and Minerals Division Executive-In-Charge Pankaj Satija said, "The agreement, which is a part of our sustainability initiatives, will help us in reducing the carbon footprint at our

tata steelwork, tata, tata group

Normal life is likely to be affected, especially in the southern part of the state, with pro-Kannada and farmers' organisations calling for Karnataka Bandh' on Friday to protest the release of Cauvery water to Tamil Nadu.
Kannada Okkuta', an umbrella organisation for Kannada outfits including factions of Karnataka Rakshana Vedike, Kannada Chalavali (Vatal Paksha) and various farmers' bodies have given a call for the statewide dawn-to-dusk shutdown.
There will be a massive protest procession from Town Hall to Freedom Park in the city, in which people from all walks of life are likely to participate, the organisers said.
They have said that the bandh is for the entire Karnataka and that they will try to shut highways, toll gates, rail services, and also airports.
The opposition BJP and JD(S) too have extended their support to the bandh, as also hotels, autorickshaws and hail riders associations in Karnataka.
"Autorickshaw Drivers' Union and Ola Uber Drivers and Owners' Association .

cauvery dispute, cauvery river, cauvery water dispute, cauvery verdict, cauvery river verdict, cauvery river dispute verdict, kaveri river issue, kaveri river water dispute, cauvery verdict 2018, latest news on cauvery river, cauvery news, cauvery ju

India's top 75 brands have a combined brand value of $379 billion, a decline of 4 per cent from 2022

Indian Army's Regiment of Artillery is looking to use the expertise of Indian Industry to produce 155 mm/52 calibre Towed Gun System

Energy Efficiency

Arunachal inks MoU with Norwegian Institute to channel geothermal potential

Iraq signs $27 billion energy deal with TotalEnergies, says report

GIC, Genus Power Infra tie up to invest $2 bn in smart meter venture

Indian, Nepali private companies sign agreement for direct energy sale

Centre asks states to expedite energy efficiency activities on mission mode

Explore energy efficient pricing to reduce water waste: Parl panel to govt

EU to provide $504 mn in grants for Western Balkans to tackle energy crisis

Amid energy crisis, desperate Europeans return to firewood for warmth

Nations must regulate, invest in clean energy to bring down costs: Report

Sterlite Power forms RE firm for projects serving commercial clients

Michelin becomes first tyre maker in India to get BEE accreditation

Rajasthan ranks 2nd after Karnataka on State Energy Efficiency Index 2020

Panel on energy efficiency, low carbon tech to be set up: R K Singh

EESL, Lemon Tree Hotels to implement energy conservation measures

EESL to implement 'Energy Efficient PNG Cook Stove' programme across India

BSES discoms launch replacement scheme for air conditioners, fans in Delhi

Govt, World Bank, EESL ink $300 mn pact to push energy efficiency programme