A dozen banks vying for NTPC Green's Rs 10,000 crore IPO mandate
The IPO proceeds will be used by the company to fund ongoing and future solar energy, green hydrogen and green ammonia capex plans.
Source: moneycontrol.com
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ayodhya: Ayodhya's ancient past has a modern connection — renewable energy
An intricate network of lenses and mirrors designed by scientists from CSIR and Central Building Research Institute will be used in the Ram temple in Ayodhya to channel sunlight on Ram Lalla's forehead. Ayodhya is being developed into a solar city, as a bow to the 'Suryavansh' of Lord Rama. Work is underway to develop Ayodhya as Uttar Pradesh's first solar city, including the installation of solar panels on government buildings and solar streetlights. Additionally, a 40 MW solar plant will be established on the banks of the Saryu.
Source: indiatimes.com
ONGC, NTPC Green tie up for domestic and international renewable energy projects
The oil and gas major intends to achieve 10 GW renewable energy capacity by 2030 and has set a net zero target including both scope 1 and scope 2 by 2038
Source: livemint.com
Cabinet takes steps to grow India's green economy
Currently, ‘Maharatnas’ such as NTPC can make equity investments to undertake financial joint ventures and form wholly-owned subsidiaries.
Source: livemint.com