GE Scoops 103MW for Two Wind Projects in Gujarat
The company will supply 38 of its 2.7-132 wind turbines, for low wind speed conditions, for the Rajkot and Khambaliya projects being developed by Powerica.
Economy
News on Indian Economy
Railways in Touch with e-Commerce Firms to Make Parcel Vans
After launching its first high capacity parcel van on the Linke Hofmann Busch platform in January this year, the Indian Railways has manufactured 12 more of the specially designed parcel vans to ensure smooth supply of essential goods during the lockdown.
Amazon Launches Food Delivery Service in India
The e-commerce giant, which has invested more than $6.5 billion in India, today launched its food delivery service, called Amazon Food, in select parts of Bangalore. The company had originally planned to launch the service in India last year, which it then moved to March but pushed it further amid the nationwide stay-at-home order the Indian government issued in late March.
Oil India to Drill in Dibru-Saikhowa National Park from Outside Using ERD
The company will be able to accomplish this task of exploring hydrocarbon reserves under the Dibru-Saikhowa National Park by use of the Extended Reach Drilling (ERD) technology, it added
Japanese Companies Invited to Invest in Indian Pharmaceutical and Medical Devices Industry
A webinar on ‘Medical Devices and API sector: Challenges & Emerging Opportunities’ was held on 22nd May, 2020 at 11.30 am for business and trade collaboration between India and Japan in the post COVID-19 scenario. The webinar was organized by the Embassy of India, Tokyo in partnership with the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Govt. of India.
India Extends Anti-dumping Duty on Chinese Sodium Citrate Used by Pharma Industry
The government has extended duty protection on sodium citrate — a key pharmaceutical ingredient – imported from China for another five years after an investigation found that there has been continued dumping of the Chinese product in India hampering the domestic industry, the finance ministry said.
6.8 Crore Free LPG Cylinders Distributed Among the PMUY Beneficiaries So Far
As part of the economic response to COVID-19, the Government of India has launched a pro-poor scheme “Pradhan Mnatri Garib Kalyan Package” (PMGKP), Under this scheme, Ministry of Petroleum and Natural Gas is providing free of cost LPG cylinders to over 8 crore PMUY beneficiaries for 3 months w.e.f 1.4.20.
Coir Geo Textiles Gets Nod for Rural Road Construction
Coir Geo textiles, a permeable fabric, natural, strong, highly durable, resistant to rots, moulds and moisture, free from any microbial attack, has finally been accepted as a good material for rural road construction.
Cabinet Approves Pradhan Mantri Matsya Sampada Yojana for Boosting Fisheries
The Cabinet in its meeting held today has approved the “Pradhan Mantri Matsya Sampada Yojana – A scheme to bring about Blue Revolution through sustainable and responsible development of fisheries sector in India” with highest ever investment of Rs. 20050 crores in fisheries sector comprising of Central share of Rs. 9407 crore, State share of Rs 4880 crore and Beneficiaries contribution of Rs. 5763 crore.
India Adds 1,043 MW of Wind and Solar Utility Scale Capacity in January-March
According to clean energy consultancy Bridge To India, the country added 328 MW of utility scale wind capacity in the quarter ended March, which was down 65 per cent as compared to 944 MW in January-March 2019.