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Furniture start-up WoodenStreet Announced 3 New Stores in Bangalore, Invests $1M!

Furniture start-up WoodenStreet Announced 3 New Stores in Bangalore, Invests $1M!

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CEPI, THSTI and Panacea Biotec to develop Beta-coronavirus vaccines

CEPI, THSTI and Panacea Biotec to develop Beta-coronavirus vaccines

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Adani Group signs MoU with Ballard Power Systems

Adani Group signs MoU with Ballard Power Systems

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Five firms to set up semiconductor, display plants

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Vishwa Samudra-led JV wins EPC deal for Bhavanapadu Port

Vishwa Samudra-led JV wins EPC deal for Bhavanapadu Port

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The Nagpur Municipal Corporation has received approval from the central government for 100 e-buses. It has already placed an order for 40 electric midi-buses, out of which 15 will be inducted by March 2022.

Nagpur Municipal Corpn to spend Rs 239 cr on e-buses

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NxtGen intends to infuse Rs 1,300 cr in data centres

NxtGen intends to infuse Rs 1,300 cr in data centres

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ii. Open access will be granted within 15 days of receipt of application.   iii. The Green Hydrogen/ Ammonia manufacturer can bank his unconsumed renewable power, up to 30 days, with distribution company and take it back when required.   iv. Distribution licensees can also procure and supply Renewable Energy to the manufacturers of Green Hydrogen/ Green Ammonia in their states at concessional prices which will only include the cost of procurement, wheeling charges and a small margin as determined by the state commission.    v. Waiver of inter-state transmission charges for a period of 25 years will be allowed to the manufacturers of Green Hydrogen and Green Ammonia for the projects commissioned before 30 June 2025.    vi. The manufacturers of Green Hydrogen/ Ammonia and the renewable energy plant shall be given connectivity to the grid on priority basis to avoid any procedural delays.    vii. The benefit of Renewable Purchase Obligation (RPO) will be granted incentive to the Hydrogen/Ammonia manufacturer and the distribution licensee for consumption of renewable power.    viii. To ensure ease of doing business a single portal for carrying out all the activities including statutory clearances in a time bound manner will be set up by MNRE.    ix. Connectivity, at the generation end and the Green Hydrogen / Green Ammonia manufacturing end, to the ISTS for Renewable Energy capacity set up for the purpose of manufacturing Green Hydrogen/ Green Ammonia shall be granted on priority.    x. Manufacturers of Green Hydrogen/ Green Ammonia shall be allowed to set up bunkers near ports for storage of Green Ammonia for export/ use by shipping.  The land for the storage for this purpose shall be provided by the respective port authorities at applicable charges.    The implementation of this Policy will provide clean fuel to the common people of the country.  This will reduce dependence on fossil fuel and also reduce crude oil imports. The objective also is for our country to emerge as an export Hub for Green Hydrogen and Green Ammonia.     The policy promotes renewable energy (RE) generation as RE will be the basic ingredient in making green hydrogen. This in turn will help in meeting the international commitments for clean energy.

Ministry of Power notifies Green Hydrogen Policy

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Parsvnath Developers appoints SJP Hotels & Resorts as Project Management Consultant

Parsvnath Developers appoints SJP Hotels & Resorts as Project Management Consultant

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Vivo to infuse Rs 3,500 cr in India by 2023

Vivo to infuse Rs 3,500 cr in India by 2023

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