INDIA GUYANA ENERGY SECURITY
Oilfields bill an important legislation: PM Modi
Prime Minister Narendra Modi lauded the Oilfields (Regulation and Development) Amendment Bill, 2024, passed in the Rajya Sabha, as crucial for enhancing energy security and fostering India's prosperity. The Bill aims to reform oil and gas exploration laws, separating petroleum operations from mining to attract investment into the sector.
India's lessons in energy security applicable to Africa: Power Minister Khattar
India and South Africa co-hosted their first energy conference in Johannesburg. Union Minister for Power Manohar Lal Khattar shared how India's self-sufficiency in energy can help other countries. The conference provided a platform for both nations to discuss energy security and green energy. Indian High Commissioner Prabhat Kumar explained India's progress and export capabilities in energy.
Waaree Energies' shares jump 3% after securing 600 MWp solar module order
Waaree Energies' shares rose 3.5% after the company secured a 600 MWp solar module supply order. Delivery is set to begin in FY2025-26, contributing to India's clean energy goals. This follows another recent order for 180 MWp of modules. The company, listed in October, is a leading Indian renewable energy firm with a global presence.
A Mini India exists in Guyana, says PM Modi in 'Mann Ki Baat'
Prime Minister Narendra Modi on Sunday during Mann Ki Baat highlighted the impact of Indian diaspora in the Caribbean nation of Guyana and noted that 'a Mini India' also exists in Guyana, where people of Indian origin have become leaders in politics, business, education, and culture.
Adani CFO says bribery allegations linked to single business contract
Adani Group's CFO, Jugeshinder Robbie Singh, defended the conglomerate against US bribery allegations, stating that they involve a single contract representing about 10% of Adani Green Energy's business. Singh emphasized that the accusations are limited to a specific contract and do not involve any wrongdoing by other Adani Group companies.
Adani Bribery Case: Here are 5 setbacks that followed post indictment
The Adani Group faces setbacks as global banks consider halting new credit lines following a US indictment alleging bribery. Indian regulators are investigating potential disclosure violations, while Kenya scrapped Adani projects. S&P downgraded the outlook for three Adani firms, and the group's stocks experienced a rout, though they partially recovered.
Avaada Group to invest Rs 5,800 cr to develop 1200 MW pumped hydropower storage proj in Rajasthan
Avaada Group is investing ?5,800 crore in a 1200MW pumped hydropower storage project in Rajasthan, India. The project, located in Sirohi district, aims to enhance energy security and environmental sustainability. This initiative aligns with Avaada's previous investments in Rajasthan, including green ammonia, wind power, and solar power projects, totaling ?1 lakh crore.
Culture, cuisine, cricket connect India, Guyana: PM Modi at community event
During his visit to Guyana, Indian Prime Minister Narendra Modi emphasized the strong ties between the two nations, highlighting culture, cuisine, and cricket as connecting factors. He praised the Indo-Guyanese community for their contributions to Guyana's development and their role as ambassadors of Indian culture.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
Indian billionaire Gautam Adani and associates are facing U.S. charges for allegedly orchestrating a multi-million dollar bribery scheme to secure a solar energy contract. Authorities allege Adani bribed local Indian officials to ensure the purchase of solar power, misleading U.S. investors in the process. The alleged scheme, spanning several years, involved falsified documents and hidden transactions during fundraising efforts.
India, Guyana ink 5 pacts; resolve to expand ties in diverse areas
Indian Prime Minister Narendra Modi and Guyanese President Mohamed Irfaan Ali have pledged to strengthen cooperation in defense, trade, energy, pharmaceuticals, and agriculture. The two leaders signed five agreements to facilitate collaboration in these sectors, with a particular focus on energy security and pharmaceutical exports. This visit marks the first by an Indian Prime Minister to Guyana in 56 years.
The game in Guyana: Why Modi visited this small Caribbean country
Indian Prime Minister Narendra Modi is on a visit to Guyana. This is the first visit by an Indian Prime Minister in 56 years. Guyana has recently discovered large oil reserves. It is expected to become a major oil producer soon. India is looking to buy oil from Guyana. India also wants to invest in Guyana's energy sector.
Adani Group commits $10 bn in US energy, infrastructure projects
Gautam Adani, president of the Adani Group, announced a $10 billion investment in US energy security and infrastructure projects. The announcement came on Tuesday. Adani said the projects would create up to 15,000 jobs. He made the announcement in a post on social media platform X. Adani did not provide a timeline for the projects.
Prime Minister Modi & Australian PM Albanese reaffirm focus on defence cooperation
Prime Minister Narendra Modi and Australian PM Anthony Albanese met in Rio De Janeiro to launch a Renewable Energy Partnership and strengthen their defense ties. They reaffirmed their commitment to advancing their Comprehensive Strategic Partnership and enhancing collective strength in the Indo-Pacific region.
India eager to deepen cooperation with Caribbean countries across various sectors: PM Modi
Indian Prime Minister Narendra Modi, on a visit to Guyana, emphasized India's commitment to strengthening ties with Caribbean nations. Modi's trip, the first by an Indian head of state in over 50 years, included meetings with CARICOM leaders and the signing of agreements to bolster cooperation in areas like economics, agriculture, and healthcare.
India to have 350 million children by 2050, faces urgent challenges to secure their future: UNICEF report
A new UNICEF report reveals that India, projected to have 350 million children by 2050, faces critical challenges in ensuring their well-being due to extreme climate change and environmental hazards. The report emphasizes the urgent need for climate action, inclusive technological advancements, and investments in child-centric urban planning to secure a sustainable future for India's children.
PM Modi arrives in Guyana to unprecedented welcome, handed over key to key to Georgetown city
PM Narendra Modi arrived in Guyana, marking the first visit by an Indian PM in 56 years. He received a warm welcome from President Mohamed Irfaan Ali and cabinet ministers. PM Modi is scheduled to address Guyana's parliament and participate in the India-CARICOM Summit to strengthen bilateral ties and explore partnerships in various sectors.
PM Modi meets leaders of three Latin American nations for trade, energy, and defence partnership
Indian Prime Minister Narendra Modi engaged in bilateral discussions with the leaders of Brazil, Argentina, and Chile during the G20 Summit. The meetings focused on strengthening trade relations, exploring opportunities in sectors like energy, defense, and technology, and expanding collaboration in areas of mutual interest.
Ahead of IPO, NTPC Green Energy collects Rs 3,960 crore from anchor investors
NTPC Green Energy has secured Rs 3,960 crore from anchor investors, including Goldman Sachs and LIC, ahead of its IPO. The company plans to use the IPO proceeds to repay debt and fuel its expansion in the renewable energy sector. India's renewable energy capacity has significantly increased, positioning the country as a global leader in the sector.
PM Narendra Modi arrives in Brazil for G20 Leader's Summit: Key agendas on the table
Prime Minister Narendra Modi arrived in Brazil for the 19th G20 Summit, following a successful visit to Nigeria. As part of the G20 Troika, Modi will join world leaders, including Chinese President Xi Jinping and US President Joe Biden, to discuss key global issues such as poverty, climate financing, and multilateral cooperation. Brazil¡¯s President Luiz In¨¢cio Lula da Silva is emphasizing Global South priorities. Modi¡¯s visit reflects India¡¯s strategic focus on global partnerships and sustainable development.
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