GREEN CITY

SC directs Delhi govt, civic agencies to convene meet to discuss ways to increase city's green cover

The Supreme Court closely monitors tree felling in Delhi, demanding accountability and tree planting for unauthorized actions, emphasizing the need to protect the city's green cover.

Adani CFO says Sebi notices procedural

The conglomerate faces Sebi notices, financial scrutiny, and market challenges but remains compliant and poised for a strategic rebound from recent setbacks.

Adani to invest Rs 2 lakh crore in renewable energy capacity addition by 2030

Adani Group plans to invest Rs 2 lakh crore by 2030 to achieve 40 GW of renewable energy generation capacity, aiming for net zero emissions by 2050. With over 10 GW capacity currently, they aim to add 6-7 GW annually to reach 50 GW by 2030. The investment is estimated at Rs 5 crore per megawatt. Adani Green Energy Ltd has added 2.8 GW capacity in FY24.

Adani Group to increase capex in FY25 to Rs 1.3 lakh crore from Rs 70,000 cr

Adani Group plans to increase FY2025 capital expenditure to Rs 1.3 lakh crore ($15.6 billion) from Rs 70,000 crore. Adani Green Energy will allocate 340 billion rupees to add 6 gigawatts of capacity. The conglomerate aims to leverage India's infrastructure growth, dismissing rumors of a stake in Paytm but open to fintech opportunities.

Delhi metro station to have three interchanges as green line expands

New Delhi Metro station to become a triple interchange facility with Green Line expansion from Inderlok to Indraprastha, enhancing connectivity for commuters from Bahadurgarh and west Delhi.

BioShock Movie: Here's all about production, release date, plot and cast

Netflix's BioShock movie adapts the 2007 game, set in the underwater city of Rapture. Directed by Francis Lawrence and written by Michael Green, the film aims to capture the game's unique setting and story. No release date or cast members are confirmed yet.

Don't miss the tree for the woods

That is also a point to ponder: why do we plant trees? Like ancient emperors used to plant them to offer shade to "weary travellers", did we plant them in recent decades to give respite to cars, two-wheelers, cats, dogs, fruitwalas, presswalas and chowkidar cabins from the scorching sun? Or something more?

Uber's electric vehicle service, Uber Green arrives in Kolkata

Uber launched its electric vehicle service, Uber Green, in Kolkata, offering users on-demand EV rides across the city, including to and from the Kolkata International Airport. The initiative aims to improve air quality in the city and reduce carbon emissions. Uber plans to provide zero-emission services globally by 2040, with approval from the Science Based Targets Initiative. Uber India and South Asia President, Prabhjeet Singh, highlighted the company's commitment to expanding green transportation options in India.

Uber Green electric cabs launched in Kolkata

Uber becomes the second ride-hailing service provider to offer electric vehicles in the city of Kolkata, following Snap E, another brand operating with an all-EV fleet.

Amaravati Redevelopment Plan: Based on Singapore, 51% green cover, timeline and the cost

Following the triumph of the TDP in Andhra Pradesh Assembly elections, the Amaravati capital city project, which was shelved by the outgoing YSRCP government, is now being revived. The greenfield capital city is being envisioned to be an environmentally sustainable one, located between Vijayawada and Guntur cities, covering up to 29 villages. The government has said that Amaravati will be developed as one of the top five capital cities in the world. (Image: Foster and Partners website)

Green buildings market in India to reach $39 billion by 2025

Startups specializing in smart home solutions are expected to see substantial growth during this period, according to a joint report by by Resurgent India and NAREDCO.

Green shoots seen in rural demand: Wipro Consumer CEO

Vineet Agrawal, CEO of Wipro Consumer Care and Lighting, noted positive signs of growth in rural demand and anticipates a recovery in the hinterland by September, supported by favorable monsoon conditions and a successful harvest. Furthermore, he suggests that stable government policies could potentially boost sales of discretionary products through continuity and consistency.

India’s climate dilemma will hang over Modi’s next five years

Modi, who has cast himself as climate champion for much of the past decade, will be under pressure to make faster progress toward existing green targets, including pledges to hit net zero by 2070, install a mammoth 500 gigawatts of non-fossil energy by the end of the decade, and corral a global alliance on solar power that aims to secure $1 trillion in investment.

Six civic bodies likely to debut on Bond Street by next month

Nashik, Visakhapatnam, Kanpur, Surat, Varanasi, and Prayagraj are likely to issue municipal bonds by July with a fundraise of Rs 100-300 crore at 7.9-8.3% coupon rate. Municipal bodies have raised nearly Rs 3,000 crore from the bond market in last seven years

Gas sector may come under GST purview in Modi 3.0, GAIL, MGL to be top beneficiaries: Citi

Citi Research suggests yet-to-form NDA government could bring gas sector under GST tax. Top bets in energy sector are GAIL (India) and Mahanagar Gas Limited (MGL).

Mapping the Way Forward in Strengthening India's Robust Infrastructure

GAIL's 10 MW green hydrogen plant in Madhya Pradesh inaugurated

India's largest natural gas transmission and distribution firm, GAIL (India) Ltd, has commissioned its maiden green hydrogen plant in Vijaipur, Madhya Pradesh. The 10-megawatt proton exchange membrane electrolyser for the green-hydrogen producing unit at the Vijaipur complex has been imported from Canada.

Extreme heat lowers nations’ per capita income — but cities could thrive even in hotter conditions: Matthew E. Kahn

Matthew E. Kahn, Provost Professor of Economics at USC, discusses the impact of climate on economic growth and solutions offered by enterprise in an interview with Srijana Mitra Das.

IREDA may float FPO this FY

Separately, in March, the lender's board had approved a proposal of Rs 24,200-crore borrowing for 2024-25. The amount will be raised through taxable bonds, green taxable bonds, perpetual debt instruments, green masala bonds, green foreign currency bonds and external commercial borrowings, among others.

NFL 2024 schedule: Kansas City Chiefs vs Baltimore Ravens in first match. Check date, time, venue

Kansas City Chiefs will be playing Baltimore Ravens in the first match of the season as full NFL 2024 schedule will be announced this week.

IREDA incorporates subsidiary in GIFT City, Gujarat

Pradip Kumar Das, Chairman & Managing Director of IREDA, said, "This subsidiary not only positions IREDA to extend its global reach but also acts as an offshore platform for securing competitive funding to drive the renewable energy sector's growth." He added that IREDA's entry into the IFSC is anticipated to unlock fresh business prospects and establish its global footprint in the renewable energy sector.

LS Election 2024: I will win with more than a 5 lakh margin, says Nitin Gadkari

Dubai’s ‘sustainable city’ was supposed to start a trend. It hasn’t yet

Seven years and 1.3 billion dirhams ($354 million) in construction costs later, only some parts of that claim have been realised.