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NEW DELHI: The National Solar Mission, which aims to install 20,000 MW capacity of solar energy by 2020, has commissioned 89% of its allotted capacity in its first stage, government officials said. The government had signed power purchase agreements (PPA) with 28 solar power developers for 140-MW solar photo...
NEW DELHI: With the prices sliding of Certified Emission Reduction (CER) certificates traded on the international exchange, Indian companies holding the credits are bracing for tough times. Brokers trading in CERs have started to downsize their carbon desk and the ones holding these are looking for buyers. “The demand...
NEW DELHI: The Attorney General’s legal opinion on the diversion of excess Sasan coal has flown in the face of the power ministry which contends that Reliance Power may be asked to hand over surplus coal to a Coal India (CIL) subsidiary at a price to be determined by...
MUMBAI: South Korean steel major Posco has sounded out unlisted Essar Steel for an alliance to build the planned $12 billion (12 million tonnes) steel plant in Orissa, which has run into repeated hurdles since the world’s fifth largest steel maker signed the construction agreement with the state government...
After the successful launch of the Agni V Missile, India is now developing an Anti-Radar Missile (ARM). This will significantly boost the country’s strike capabilities by destroying the enemy’s Advance Warning Systems. ARM Missiles are one of the most advance missiles in the world and only the US has...
New Delhi — The US pavilion at Def Expo 2012 stood out primarily for two reasons. One, for its largest industry delegation comprising America’s premier aerospace and defence companies; and two, the expansive displays showcasing their cutting-edge technology in support of land, sea and internal security operations. Inaugurating the...
The indigenously developed Light Combat Aircraft (LCA) ‘Tejas’ will be inducted into the Indian Air Force this year, the DRDO chief, Dr V.K. Saraswat, has said. Tejas has completed almost 1,855 flying hours (flight tests), and all problems it encountered during the initial operational clearance have been solved. It...
The Indian Air Force has expressed to achieve the target of 42 aircraft squadron over the next five-year plan as against the current inventory of 34. While delivering a speech at L M Katre Memorial Lecture here on Saturday, Chief of Air Staff Air Chief Marshal NAK Browne said:...
HYDERABAD: Imagine an Agni-V that can be fired from your neighbourhood! The armed forces will soon have an inter-continental ballistic missile ( ICMB) that can be fired from anywhere. No, it is not necessary to do it from the Wheeler Island off the Orissa coast. The long-range 5,000-km missile...
Mumbai: Aditya Birla Nuvo (ABNL), part of the $35-billion Aditya Birla group, said on Monday it would purchase a majority stake in Future Group’s Pantaloons Format, which houses the apparel and fashion businesses of Pantaloon Retail, for for R800 crore. The move will allow Aditya Birla group company Madura...