8JULY, 2026TOP STORIESNTPC has taken a major step to expand India's electricity generation capacity. The company's board has approved an investment of Rs 20,456.70 crore for the Lara Super Thermal Power Project Stage III. This Power Push will add 1,600 MW of new capacity in Chhattisgarh.The decision comes as India prepares for rising electricity demand from industries, businesses, and households. The project also reflects the government's focus on ensuring reliable power supply while expanding generation capacity. The government has extended the deadline for mandatory Bureau of Indian Standards (BIS) certification for large solar inverters until December 31. This appears to be a significant move for India's renewable energy sector.The decision offers relief to manufacturers and suppliers. Particularly those dealing with high-capacity solar photovoltaic (PV) inverters above 200 kW, who were facing tight timelines for compliance. The extension also includes continued allowance for self-certification during the transition period, enabling companies to maintain supply chains without disruption. 180 Retail GCCs have helped India emerge as the new global business hub for multinational retailers, marking a major shift in how global companies manage their operations. According to a report by TeamLease Digital, the country is now home to 180 retail GCCs, making it the world's largest destination for these centers.The Retail GCC ecosystem has expanded rapidly, with nearly 2.72 lakh professionals working across these facilities. The report also found that hiring demand has almost doubled since 2024, showing that global retailers are increasingly choosing India to lead their technology, operations, and innovation. The government has admitted that E20 petrol is currently costlier to produce than pure petrol. The higher production cost is linked to current global crude oil prices. However, the Centre said E20 petrol remains an important part of India's energy strategy. It believes the fuel will reduce oil imports, improve energy security, and protect consumers from future crude price shocks.The clarification came from the Ministry of Petroleum and Natural Gas through a detailed set of frequently asked questions on the Ethanol Blended Petrol Programme. The ministry explained that the economics of ethanol depend on global crude oil prices. It said the current price of crude makes E20 more expensive. However, that situation can change if crude prices rise sharply. NTPC'S RS 20,457 CRORE MOVE SIGNALS INDIA'S POWER PUSHGOVERNMENT ADMITS E20 PETROL IS COSTLIER THAN NORMAL FUELSOLAR MANUFACTURERS GET LIFELINE AS BIS DEADLINE EXTENDED180 RETAIL GCCS MAKE INDIA THE NEW GLOBAL BUSINESS HUB
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