Articles for tag: Agreement, Aims, Clean, Energy, Investment, Monumental, Powerhouse, Powers, Rajasthan, State, Tata, Transform, Trillion

September 30, 2024

Tata Power’s monumental Rs 1.2 trillion investment agreement with Rajasthan aims to transform the state into a clean energy powerhouse.

The Ministry of Power has made a significant regulatory change that allows power plants supplying electricity to neighboring countries to sell their unused output in India if they face challenges in foreign markets. This decision comes amid ongoing efforts to enhance energy management. In a related development, Tata Power signed a groundbreaking agreement with the ...

September 4, 2024

Market News

Business

India and the UK are on the brink of finalizing a crucial Free Trade Agreement, enhancing their strategic partnership for economic growth.

The Free Trade Agreement (FTA) between India and the UK is nearing completion, according to B.V.R. Subrahmanyam, CEO of NITI Aayog. Launched in January 2022, talks had stalled due to elections in both countries. The FTA aims to boost the current GBP 38.1 billion annual trade relationship. Recent agreements, like the UK-India Infrastructure Financing Bridge, ...

September 3, 2024

Market News

Business

Massive 6,790 MW Hydro Power Project Agreement Signed in Maharashtra

THDC India has partnered with the Maharashtra government to develop six pumped hydro power storage projects, totaling 6,790 MW, with an investment of over Rs 33,600 crore. This agreement aims to streamline the process for project surveys, investigations, and the preparation of Detailed Project Reports (DPRs), ensuring compliance with central and state regulations. The six ...