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INDIA INVESTMENT NEWS

OPG Power Ventures Plc (LON:OPG) today said its board has approved a GBP-45-million (USD 59.1m/EUR 53.1m) investment in four solar projects totalling 62 MW in the Indian state of Karnataka. The London-listed company, which has 750 MW of operating thermal power assets in India, said the projects were secured in a competitive bidding process. OPG […]

The state government would try to bring the entire power supply feeder for agriculture on solar panels and would try to install energy efficient pumps for agriculture throughout the state. The initiative would bring down money required for cross subsidy for agriculture, resulting in to bringing down power tariff in the state. Chief minister Devendra […]

State-owned mining major Coal India Ltd said last week it has entered into agreements with the Solar Energy Corporation of India Ltd (SECI) for the execution of two solar projects in Madhya Pradesh state totalling 200 MW. Under the terms of the deals, Coal India’s subsidiaries Northern Coalfields Ltd (NCl) and South Eastern Coalfields Ltd […]

Consumer durable maker Bajaj Electricals has launched a new range of premium kitchen appliances under the ‘Platini by Bajaj’ brand. Initially, the brand would be available online through e-commerce platform Amazon and later will be expanded to other retail channels. Bajaj Electricals VP and Country Head Marketing Consumer Products Amit Sethi said: “The Platini by […]

LG Electronics India has restructured its operations, splitting sales into two geographical areas in a move aimed at strengthening ground presence before the festive season, two senior industry executives said. The country’s largest white goods maker has clubbed the north and east into India One, which will be led by Rajeev Jain, who headed the […]