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86 % rural Indians use dung cakes, firewood

About 86 percent of India’s rural households still use dung cakes and firewood as fuel, a senior government official has said here. “More than 85 million households in India spend 30 billion hours gathering firewood. The country also consumes 131 tonnes of crude oil products in 2007-08,” Planning Commission member Kirit S. Parikh said at […]

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Tamilnadu Govt’s Power Holiday Proposals Receive Mixed Response from Industry

The Tamil Nadu government’s announcement recently giving two options for industries viz., either opt for a two-day power holiday a week or choose a 30% reduction in power supply for HT units and 15% for LT units, has evoked mixed response from industry bodies in the state. While associations like the CII, FICCI, NASSCOM and […]

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Suzlon to sell 10% in Hansen for Rs 600 crore

Suzlon Energy, the world’s fifth largest wind turbine maker, will sell 10 per cent of its stake in Belgium-based subsidiary Hansen Transmission for nearly Rs 600 crore, to funds managed by Ecofin, a London-based specialised investment firm. The company will use majority of the proceed to fund its acquisition of stake in another Suzlon subsidiary, […]

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