DELHI SOLAR POLICY 2024
Budget 2024: Ombudsman body and more on Nirmala Sitharaman's to-do list for PLI scheme
Budget 2024: The Modi-led government's policy announcement on July 23 aims to enhance Policy Linked Incentives (PLI). Gunjan Prabhakaran of BDO India suggests quicker disbursements and an ombudsman. The PLI scheme, covering 14 sectors including telecommunication and medical devices, has Rs 1.97 lakh crore outlay. Budget 2025 raised the allocation 33% to Rs 6,200 crore.
Delhi excise policy case: Kejriwal's role being investigated, probe against all other accused done, CBI tells Court
CBI counsel Advocate DP Singh further added that we will brief the Supreme Court about some new developments that took place after June 4, which led us to arrest Arvind Kejriwal.
Arvind Kejriwal Bail: Delhi HC issues notice to CBI on Kejriwal's plea seeking bail in excise policy case
The Delhi High Court issued a notice to the CBI on Friday regarding Delhi CM Arvind Kejriwal's bail plea in the Excise Policy case. The next hearing is set for July 17. Kejriwal, arrested on June 26, 2024, contests the legality of his arrest, claiming it lacked proper justification and violated procedural norms.
Budget 2024 may see Modi government continue its pitch for India's green energy ambitions
BUDGET EXPECTATIONS: Industry experts anticipate the Union Budget 2024 will maintain the Modi government’s focus on renewable energy, emphasizing policy stability and increased investment. Sharad Mahendra of JSW Energy underscores the need for consistent policies to support long-term projects and a significant boost in annual renewable capacity to meet India’s 2030 target of 500 GW.
Drone industry seeks favourable policies, incentives, component ecosystem to push domestic manufacturing
Industry players at the Drone International Expo 2024 in Delhi called for improved policies and incentives to boost indigenisation in the Indian drone market, projected to reach USD 27 million revenue by 2024. Experts emphasised the need for a supportive ecosystem for domestic component manufacturing. Over 200 national and international manufacturers are showcasing innovations, highlighting advancements in surveillance for enhanced security measures against modern terrorist activities.
We expect policy stability, renewable energy investment from Budget 2024: Sharad Mahendra, JSW Energy
With these PPAs signing, the percentage of open capacity once these capacities get commissioned in a span of 18 to 24 months, ultimately the merchant portfolio will be even lower than 15% going forward. So, more of long-term PPAs will be there.
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Renewable energy firm ACME Solar Holdings files papers for Rs 3,000-crore IPO
The Gurugram-based company's proposed IPO is a combination of fresh issue of shares worth Rs 2,000 crore and an offer for sale (OFS) of shares valued Rs 1,000 crore by ACME Cleantech Solutions, according to the DRHP. The offer also includes a reservation for a subscription by eligible employees. The company may consider issue of securities to the tune of up to Rs 400 crore as a "pre-IPO placement". If such placement is completed, the fresh issue size will be reduced.
Delhi HC issues notice to CBI on Arvind Kejriwal's petition challenging his arrest
Delhi CM Arvind Kejriwal challenged his arrest by the CBI in the Excise Policy case, alleging malice. The Delhi High Court issued a notice to CBI, demanding a response within seven days and scheduling a hearing for July 17, 2024. Kejriwal claimed the arrest lacked justification and was based on pre-existing evidence.
Arvind Kejriwal allowed medicines, home-cooked food and a 30-min meeting with wife Sunita during CBI custody
Delhi Chief Minister Arvind Kejriwal was sent to three days of CBI remand by the Rouse Avenue Court of Delhi on Wednesday in connection with the Excise policy case. Vacation Judge Amitabh Rawat granted the remand period until June 29, 2024, after considering submissions from both sides.
Aam Aadmi Party MPs to boycott President Murmu's address in Parliament
Delhi Chief Minister Arvind Kejriwal has been sent to three days' Central Bureau of Investigation (CBI) remand by the Rouse Avenue Court in the Delhi Excise Policy case. Following this development, the Aam Aadmi Party (AAP) announced that its Members of Parliament would boycott President Droupadi Murmu's address to the joint sitting of Parliament on Thursday.
CBI arrests Delhi CM Arvind Kejriwal in excise policy case
A Delhi Court on Wednesday allowed the Central Bureau of Investigation (CBI) to examine Chief Minister Arvind Kejriwal in the courtroom and instructed the agency to present the material supporting his potential arrest. Kejriwal was produced before Special Judge Amitabh Rawat.
After ED, now CBI to grill Delhi CM Arvind Kejriwal; Here's all about the Excise Policy case
Delhi Chief Minister Arvind Kejriwal was arrested by the CBI in connection with the Delhi excise policy case, following permission granted by the Rouse Avenue Court. He was brought before Special Judge Amitabh Rawat for formal procedures. The arrest comes after earlier questioning at Tihar Jail and precedes the CBI's move to seek custody from a Delhi court. The Delhi High Court, on a vacation bench led by Justice Sudhir Kumar Jain, criticized a trial court's bail order as hasty, halting its implementation pending further review under Section 439(2) of the CrPC.
Focus on upcoming Budget: Policy in the works on finance, health support for elders
India is considering policy measures for senior care, including expanding healthcare access through Ayushman Bharat, revising pension under the Indira Gandhi scheme, and providing healthcare under NPHCE.
Union Budget 2024: Key facts and insights you need to know
Union Budget 2024: India's inaugural Budget was announced in pre-independent India on April 7, 1860, by Scottish economist and politician James Wilson of the East India Company, presenting it to the British Crown. Following Independence, India's first post-independence budget was presented on November 26, 1947, by then Finance Minister R K Shanmukham Chetty.
Waaree Energies bags order to supply 280 MW solar modules to Mahindra Susten
Waaree Energies has secured a 280 MW solar module supply order from Mahindra Susten. The deliveries will start in December 2024. The move comes to support the Mahindra Susten's renewable energy projects in Bikaner, Rajasthan. The agreement involves supplying advanced ELITE Series N-Type TopCon 580Wp modules known for their efficiency.
Eid-ul-Adha 2024: PM Modi extends greetings to Maldives President Mizzu, emphasises values of 'sacrifice' and 'brotherhood'
Prime Minister Narendra Modi has extended Eid Al-Adha wishes to Maldives President Mohamed Muizzu, highlighting the festival's values of sacrifice, compassion, and brotherhood. This gesture comes amid strained relations between the two nations, following President Muizzu's demand for the complete withdrawal of Indian military personnel from the Maldives. India withdrew its troops ahead of the deadline set by Muizzu, indicating efforts to mend ties. The invitation to Muizzu for PM Modi's oath-taking ceremony reflects India's Neighbourhood First policy, aiming to strengthen regional ties. Despite recent tensions, India continues its efforts to maintain a close relationship with the Maldives.
Installing rooftop solar panels in Delhi to get easier soon; dedicated portal launched
Delhi government launches a portal for solar policy to guide rooftop solar panel installation, featuring shadow area assessment and solar capacity calculator.
Modi 3.0: Growth sequel starring jobs, investment
The full budget, likely to be presented early in July, will detail specific measures toward this end. "The focus would be to promote labour-intensive growth that will create jobs, with continued emphasis on macroeconomic stability," a top government official aware of the details told ET. A host of measures on startups and taxation - including inverted duty structure correction, along with GST rate rationalisation - is under discussion, said the person cited above.
Narendra Modi pays tribute to Mahatma Gandhi at Rajghat ahead of swearing-in as PM
Around 1,100 traffic police personnel of the Delhi Police have been deployed and an advisory has been issued to the public for the traffic movement route arrangements have been made for the delegates as part of the arrangements for Prime Minister-designate Narendra Modi's oath ceremony on Sunday.
After Lok Sabha exit polls overestimated NDA victory, public apologies and calls for probe follow
Highly inaccurate exit polls predicting a sweeping election victory for Prime Minister Narendra Modi's party have led to dramatic public apologies from polling companies this week and calls for an investigation into possible manipulation. Nearly all the exit polls released on June 1 predicted that Modi's Bharatiya Janata Party (BJP) and its allies would secure over 350 seats in the lower house of parliament. However, the final results, announced three days later, showed the coalition winning only 293 seats.
Solar power and EV policy on priority list of Delhi govt once MCC is lifted
With the conclusion of the country's largest electoral activity and the impending lifting of the Model Code of Conduct, various pending government initiatives and projects in Delhi are poised to gain momentum, as per ToI reports. Among the numerous initiatives of the Delhi government, the mohalla bus service scheme and the second edition of policies regarding electric vehicles and solar power await approval.
Kejriwal's 'medical' bail plea rejected, Delhi court extends judicial custody till June 19
The Rouse Avenue Court in Delhi denied Chief Minister Arvind Kejriwal's bail plea, extending his judicial custody until June 19. Kejriwal, held in Tihar jail over money laundering charges related to the Delhi Excise Policy case, sought interim bail for medical reasons. The Court ordered necessary medical tests.
General elections 2024: A weaker mandate to impel policy reset
The underwhelming election results reflect voters' focus on economic and livelihood issues over free-food distribution. The need for productive employment is becoming a dominant necessity in policy considerations.
Gensol Engineering Q4 Results: Net profit grows to Rs 20 crore
Gensol Engineering Ltd on Tuesday reported a nearly three-fold jump in its consolidated net profit to Rs 20 crore during the March 2024 quarter, on account of higher revenue.
India adds record 10 GW of solar capacity in Q1 2024, marking almost 400 pc YoY increase
This figure represents an almost 400 per cent year-over-year (YoY) increase compared to the over 2 GW installed in Q1 2023, as per the recent Q1 2024 India Solar Market Update from Mercom India Research.
Lok Sabha polls 2024: Congress-AAP alliance's future tied to Delhi's result
The outcome of the elections for seven Lok Sabha seats in Delhi is anticipated to have significant political ramifications, particularly with the assembly elections looming just eight months away. The direct contest between the BJP and the Aam Aadmi Party-Congress alliance will shape the future of these two political forces in Delhi's landscape. Previously, Delhi elections were largely a showdown between Congress and BJP until the emergence of AAP in 2013, altering the electoral dynamics.
'Arrested without proper investigation': RJD MP Manoj Jha on interim bail to Kejriwal
Hailing the Supreme Court verdict granting interim bail to Chief Minister Arvind Kejriwal in connection with the Delhi excise policy case, RJD MP Manoj Jha on Saturday said he was 'happy' with the reprieve for the ruling Aam Aadmi Party (AAP) as he was arrested without a 'proper investigation'.
IPL live in USA: Solar eclipse 2024 day schedule of Indian Premier League
The ongoing Indian Premier League 2024 has attracted fans globally. With every match setting a new record, here’s who will be playing on the day of Total Solar Eclipse, that is, on April 8, Monday.
Arvind Kejriwal government notifies Delhi Solar Policy, 2023
Delhi Solar Policy, 2023, introduced by Arvind Kejriwal government, aims to provide zero bills for consumers with over 400 monthly units. It includes halving power bills for commercial users, generation-based incentives, and Net Metering benefits.
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