SBI, AFD sign Euro 100 million Line of Credit to boost green financing in India

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Delhi is expected to witness another significant rise in electricity demand this summer. According to the State Load Despatch Centre (SLDC), last year, Delhi's peak power demand had clocked 8442 MW. This year, it is likely to cross 9000 MW. The expected peak of over 9000 MW represents an increase of over 300 per cent compared to the 2879 MW recorded in 2002. Current trends suggest that Delhi's peak power demand is likely to cross the 10,000 MW mark by 2028-2029.

New Delhi [India], March 12: In many modern apartments, balconies are often overlooked and left underutilized. However, with thoughtful design and the right decorative elements, even a small balcony can be transformed into a refreshing green retreat. A well-planned balcony makeover can create a peaceful space where you can relax, unwind, and enjoy a touch of nature at home.

Bengaluru (Karnataka) [India], March 12: MPOWER Financing, a leading global firm enabling high-potential international students to pursue higher education abroad, has shared its assessment of the newly announced changes to the U.S. H-1B visa program. MPOWER's internal modeling, based on the past several years of H-1B results, suggests that the shift from a random lottery to a wage-based selection would have a neutral or even positive impact for Indian Master's STEM graduates.

New Delhi [India], March 11: Bessco Power Pvt. Ltd. and Renergo Developers Pvt. Ltd. have announced a strategic joint venture to develop 1,000 MW of renewable energy projects over the next 18-24 months, focusing on expanding clean energy infrastructure across India and Nepal.