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R. K. NARAYAN
47.86 GW of renewable energy capacity installed in India over six years: Govt
"A total of 47.86 GW of renewable energy capacity has been installed in the country during the last six years i.e. March 2014 to October 2019," Power and New & Renewable Energy Minister R K Singh said in a written reply to a question in the Lok Sabha.
Buy Bharat Forge, target Rs 463: CK Narayan
Buy Bharat Forge Ltd. at a price target of Rs 463.0 and a stoploss at Rs 448 from entry point.
Buy DLF, price target Rs 233: CK Narayan
The analyst suggested a stoploss at Rs 222.
Buy Century Textiles & Industries, price target Rs 508: CK Narayan
The analyst suggested a stoploss at Rs 488
Buy Larsen & Toubro, price target Rs 1,310: CK Narayan
The analyst suggested a stoploss at Rs 1265
Buy Indraprastha Gas, target Rs 420: CK Narayan
Buy Indraprastha Gas Ltd. at a price target of Rs 420.0 and a stoploss at Rs 405 from entry point.
Modi government taking several steps to incentivise renewable energy sector: R. K. Singh
The government is facilitating developers by allowing Foreign Direct Investment (FDI) of up to 100% through the automatic route. Moreover, Inter State Transmission System (ISTS) charges and losses for inter-state sale of solar and wind power shall also be waived for renewable projects commissioned by December 2022.
Sell InterGlobe Aviation, price target Rs 1,300: CK Narayan
The analyst suggested a stoploss at Rs 1345
Buy Motherson Sumi Systems, price target Rs 140: CK Narayan
The analyst suggested a stoploss at Rs 130.
Buy Century Textiles & Industries, price target Rs 497: CK Narayan
The analyst suggested a stoploss at Rs 480
Abrogation of Article 370 unconstitutional, people of J&K bypassed: Petitioners to SC
A 5-judge Constitution bench headed by Justice N V Ramana, which commenced hearing on batch of pleas challenging the constitutional validity of the Centre's decision, was told by the petitioner that it was violative of the Constitution as orders were passed in "disregard of consent" of people of J&K.
Modi government plans big on wind power; projects of 12,162.50 MW capacity awarded so far
To facilitate the growth of wind power production in the country, several fiscal and financial incentives such as Accelerated Depreciation and exemption of concessional customs duty for procuring certain components of wind electric generators are being provided by the government to private sector investors.
What all the government is doing to improve the generation of solar energy in the country; here’s a round-up
Distribution licensees would be notified about standard bidding guidelines to aid them in procuring solar and wind power at competitive rates in a cost-effective and transparent way.
Power ministry has asked states to lower tariffs: R K Singh
Earlier this year, the government has taken steps such as mandatory issuance of letter of credit to generating companies by discoms and single-day payment. Under single-day payment, discoms have to make payments a day in advance to procure power supply, which will be carrying cost.
Power generation in October fell over 12% to 98,887 MU
Power generation during April-October of 2019-20 rose 1.15 per cent to 7,57,946 MU from 7,49,314 MU in 2018-19, Minister of State for Power, New and Renewable Energy R K Singh said in a reply to Rajya Sabha.
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