Modi invites UK to partner in India’s nuclear, RE push
Prime Minister Narendra Modi on Thursday said that the country is opening up the nuclear sector to the private players, inviting UK businesses to partner in the country’s green energy targets and infrastructure development. “I am pleased to announce that we are opening up the nuclear power sector to the private sector, and all this has created opportunities to take India-UK cooperation to new heights. I invite you to join India on this development journey,” Modi said while addressing the India-UK CEO Forum. 

CARE reaffirms 'AA 'credit rating on Steel Authority of India's long-term bank facilities
CARE Ratings Limited has reaffirmed the credit ratings for Steel Authority of India Limited (SAIL), highlighting the company's strong market position and robust domestic demand. SAIL's long-term bank facilities have been rated CARE AA; Stable, with an increase to ₹14,100 crore from ₹10,500 crore, the ratings agency said. SAIL's short-term bank facilities have been rated CARE A1+, now enhanced to ₹39,000 crore from ₹35,000 crore, the agency added.

Silver makes historical high of $51, analysts expect $72 in two years
Silver prices skyrocket by Rs 6,000 to hit record Rs 1.63 lakh/kg as global rates cross $50 an ounce

Petrol ethanol blending above 20%? Industry seeks further hike to boost demand
With the ethanol intake by state-run oil marketing companies (OMCs) not keeping pace with the capacity being built for the production of the bio-fuel, many units may go stranded, with potential implications for the debt contracted by them. The ethanol industry, especially the grain-based ones,  is seeking a further hike in the ethanol blending with petrol, from the current level of 20%, and a freeze on new investment in the sector.

Power & Instrumentation bags ₹68 cr order in Rajasthan
The new order was under the Government of India’s Revamped Distribution Sector Scheme. The company has to set up power distribution infrastructure, including segregation of 11 KV mixed feeders at Dungarpur Circle of Ajmer Discom in Rajasthan on a turnkey basis. The project has to be executed in 15 months.

Solar now outpacing fossil fuels for economic reasons: ISA DG
New Delhi: Solar energy is growing faster than fossil fuels purely on economic grounds, according to Ashish Khanna, Director General of the International Solar Alliance (ISA).

Saatvik Green Energy expands from solar manufacturing to integrated ecosystem solutions with launch of UDAY series inverters
 

India & the promise of a green hydrogen future: A frontrunner emerges
The global race to cut emissions from hard-to-abate sectors such as steel, fertilisers, shipping, aviation, and long-haul transport is underway, with green hydrogen emerging as the decisive fuel. While Europe, Japan, Korea, and West Asia are investing billions into renewable hydrogen, India has the right mix of resources, policy and demand to emerge as the world’s pre-eminent hub for this new energy vector.