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Budget Increased Capex To Help India Upgrade Power Transmission And Distribution Network Say Cos


BW Businessworld
Budget: Increased Capex To Help India Upgrade Power Transmission And Distribution Network, Say Cos
The industry believes that raising duty on solar invertors from 5 per cent to 20 per cent and on solar lanterns from 5 per cent to 15 per cent will encourage domestic production and create demand for the same.
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The increased capital expenditure for infrastructure announced in the Budget will help India upgrade its power transmission and distribution network and give further impetus to renewable energy growth, industry players said.
To augment the country s infrastructure, Finance Minister Nirmala Sitharaman proposed significant enhancing of capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP). ....

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Essar Ports Share Price, Essar Ports Stock Price, Essar Ports Ltd. Stock Price, Share Price, Live BSE/NSE, Essar Ports Ltd. Bids Offers. Buy/Sell Essar Ports Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes

Essar Ports growth trajectory continues in Q3 FY 21 | Hellenic Shipping News Worldwide

Essar Ports, a leading private port infrastructure company, today said it had clocked a cumulative revenue for 36.5 million tonnes (MT) of cargo handling for the nine months ending December 2020, led by demand in power and steel industries and as the economy finds green shoots ahead of the world’s largest ever vaccination drive to . ....

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