These orders, disclosed in a statement by the company on Tuesday, encompass diverse sectors including Transmission & Distribution (T&D) business in both domestic and international markets
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A few years ago, these micro-markets may not have been considered prime destinations. However, developers recognised their potential, particularly due to their proximity to commercial hubs like BKC and the development of social infrastructure
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The projects will be established by private developers selected through a transparent bidding process, and the power excavation infrastructure, including the offshore substations, will be constructed by Power Grid Corporation of India
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The US is one of several countries that India has been in talks with to collaborate in lithium processing and not depend on China
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The Rs 23,000 crore slum redevelopment project comes under controversy after questions were raised on the project to benefit Adani Group
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The principal secretary of urban development, Devesh Kumar, apprised the minister of the expansion of SJPNL to four more municipal corporations across the state
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The implementation of the draft guidelines, if carried out in its current form, is anticipated to have limited impact on NBFCs excluding NBFC-IFCs as Tier 1 Capital is expected to reduce by up to 83 bps over 3 years.
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The guidelines suggest provisioning for project loans from the current rate of 0.4 per cent to a range of one to five per cent without mentioning a lower threshold of financing
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The rating agency says that the spread between the cut-off of the ten-year SGS and the 10-year G-sec (7.10 GS 2034) yield eased to 35 bps on 7 May 2024, from 38 bps last week.
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According to a company statement, the projects are expected to commence operations from November 2024 onwards
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