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1.Cement industry expected to remain in red zone till October 2020 at least: CARE Ratings Report

Outbreak of the COVID-19 pandemic in the Indian sub-continent which forced the government to announce a nationwide lockdown, 25th March 2020 onwards affected the domestic cement production during FY20


2.Infra slowly getting into action with Budget 2020: CW

Rs 1.70 tn is being allocated for transport infra in the Union Budget 2020-21


3.The cement arm of the JSW Group aims to ramp up capacity by 2023

JSW Cement is at present aiming to grow its cement manufacturing capacity to 25 MTPA by 2023. Its current capacity is 14 MTPA. One of the key enablers of its targeted 25 MTPA capacity growth are various projects being undertaken at its subsidiary, Shiva Cement, in Odisha. Upon achieving this capacity target, JSW Cement will rank among top 5 cement companies in India


4.India ups rank from 52nd to 27th for construction permits: World Bank

Ease of Doing Business index jumps to 63 for 2018-19 from 77 in 2017-18


5.Tata Power, Rockefeller Foundation boost renewable microgrid electricity in India

Tata Power and the Rockefeller Foundation recently announced the launch of a major new initiative to set up microgrids, which will address one of the most pervasive challenges in modern India: the lack of access to affordable, reliable electricity for millions of rural homes and enterprises.


6.MNRE directs the release of PBGs within 45 days after project completion

Reportedly, the Ministry of New and Renewable Energy (MNRE) has instructed NTPC and Solar Energy Corporation of India (SECI) to release performance bank guarantees (PBGs) for all the commissioned wind and solar power projects. The PBGs can be released in the span of 45 days from the commercial operation date (COD), on the condition that all required submission of necessary documents is fulfilled.


7.Power discoms owe dues worth Rs 68 billion to renewable energy developers

Central Electricity Authority (CEA) stated that power distribution firms throughout the country owed dues amounting to approximately Rs 68.72 billion to renewable energy developers


8.AAI decides to expedite construction work for the Dholera greenfield airport

Work on the new Greenfield Dholera International Airport (DIAC) is set to begin soon


9.Power sector to government: Ease of private sector participation necessary

National-level policy to harness immense potential of rooftop solar in India is the need of the hour


10.IndiGrid to acquire Rs 115 billion transmission assets from Sterlite Power

The new capital investment is expected to help IndiGrid achieve the goal of Rs 170 billion of assets under management


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