Arabian Post Staff Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa, unveiled revised growth targets that will see the group accelerate the development of new power and water generation assets. Building upon its 2021 growth strategy, the revised growth targets see Taqa aiming for 150 gigawatts (GW) of gross power generation by 2030, up from […]
HONG KONG SAR – Media OutReach – 13 November 2023 – As stepping into 2023, commercial interior design may still feel “mundane and disconnected”. Yet, modern architectural design can break such traditional constraints through comprehensive market research and surveys, creating personalized design schemes that reflect individual characteristics. The local interior architectural design brand, ARTTA Concept, has broken through the turmoil advocating their strategic commercial interior design approach. […]
SINGAPORE – Media OutReach – 10 November 2023 – AtkinsRéalis (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, has been awarded an engineering and design services contract by WuXi STA, a subsidiary of WuXi AppTec, to support the first phase of an active pharmaceutical ingredient (API) manufacturing facility in Singapore. The facility aims to further enable WuXi STA’s global […]
United Terra Enterprises PLC held its shareholders’ meeting which resulted in a share capital increase by contribution in kind and the election of the Board of Directors and management. Ruggell, Liechtenstein – EQS Newswire – 11 November 2023 – United Terra Enterprises PLC (“UTP” or the “Company”) is pleased to announce that the Company held a General Meeting on October 25, 2023. During the meeting, a capital […]
NEW DELHI: India on Thursday put the onus of long-term prosperity of the world oil market on OPEC and called upon the grouping of exporting countries to maintain market stability for the benefit of consumers, producers and global economy. At the 6th meeting of the Indian-OPEC Energy Dialogue in Vienna, oil minister Hardeep Singh Puri […]
The post Amid High Oil Prices, India Puts Onus Of Global Growth On OPEC first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: Global venture capital (VC) investments dipped 5.4 per cent on a quarter-on-quarter (Q-o-Q) basis from $81.4 billion in the second quarter of calendar year 2023 (Q2CY23) to $77 billion in the third quarter of calendar year 2023 (Q3CY23) as VCs remain cautious before closing deals. The number of deals fell from 9,563 in Q2 […]
The post Global VC Investments Drop 5.4% As VCs Remain Cautious: KPMG Report first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Strong domestic demand is likely to sustain India’s economy in the near term, said Moody’s on Thursday as it kept the country’s growth forecast for 2023 and 2024 unchanged at 6.7 and 6.1 per cent. “Robust goods and services tax collections, surging auto sales, rising consumer optimism and double-digit credit growth suggest urban […]
The post Domestic Demand To Sustain India Growth In The Near Term, Says Moody’s first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India’s Consumer Price Index (CPI) – based inflation likely fell to a five-month low of 4.8% in October from 5.02% in September, primarily due to the statistical effect of a high base and decline in prices of key vegetables, according to an FE poll of 15 economists. Core inflation is likely to remain […]
The post October CPI Inflation Seen At 5-Month Low Of 4.8 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: As Indian markets scaled new highs this financial year, the market capitalisation (m-cap) of 11 companies crossed the Rs 1 trillion-mark over the past seven months, joining the club with 46 others. This is a rise of 19% over FY23. These 11 firms include Adani Power, DLF, Hindustan Aeronautics, Jio Financial Services, Varun Beverages, […]
The post 11 Firms Ride The Market Wave To Join Rs 1-Trillion M-Cap Club first appeared on Latest India news, analysis and reports on IPA Newspack.
WeWork was one of the world’s most lauded start-ups in recent years, being valued around $50bn. But just four years since that peak valuation, the company has filed for bankruptcy. Cloaked in the guise of a tech enterprise, WeWork ultimately revealed itself as an office rental business. Its downfall was the result of internal challenges it created for itself, compounded by external forces beyond its influence, such […]
NEW DELHI: State-owned Hindustan Petroleum Corporation Ltd (HPCL) plans to spend Rs 75,000 crore in expansion and diversification in the next five years with an annual expenditure of around Rs 14,000-15,000 crore, the company said on Tuesday. “Around 25-30% of the capex will be for the renewable or gas-based segment, refinery would take another 20% […]
The post HPCL Lays Out Rs 75,000-Crore Capex Plan For Five Years first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The Central Electricity Authority (CEA) has outlined a strategy to boost the use of electric vehicles (EVs) in energy grid support, which could significantly enhance the sustainability of the country’s power system. Smart charging and vehicle-to-grid (V2G) services are crucial to manage the large-scale integration of renewable energy sources and to provide ancillary […]
The post CEA Advocates For EVs As Energy Storage In National Grid Support first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The National Coal Index (NCI) has registered an increase of 3.83 points to 143.91 for the month of September 2023, the coal ministry said in a statement on Tuesday. This marks the first rise in the index since April 2023, with a notable influence from the short-term escalation in global coal prices. The […]
The post National Coal Index Climbs For First Time Since April Amid Global Price Shifts first appeared on Latest India news, analysis and reports on IPA Newspack.
SINGAPORE – Media OutReach – 8 November 2023 – Looking to lead the charge towards achieving net-zero emissions, Senoko Energy is collaborating with The Straits Times (ST) to inspire and empower businesses to #TakeCharge in their sustainability journeys. With the upcoming alterations to ESG reporting regulations, it has become increasingly critical for businesses to adopt and embrace sustainability, a mission that poses significant hurdles. Businesses, especially small-medium […]
NEW DELHI: Amid record high power demand this year, the Union power ministry has initiated discussions with state governments to augment their power generation capacities, both conventional and renewable energy. Union Minister for Power, New and Renewable Energy R K Singh said close to 12 gigawatt (Gw) of new coal-based capacity will come online by […]
The post 12 GW Thermal Power By Next Year To Meet High Demand, Says R K Singh first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India is pulling out all the stops to get Elon Musk’s Tesla to the country with government departments working to provide all the required approvals by January 2024. The Prime Minister’s Office Monday held a meeting with top officials to take stock of the next phase of electric vehicle (EV) manufacturing in the […]
The post India Looks To Fast-Track Tesla Approvals By January 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.
Jadd Elliot Dib The United Arab Emirates (UAE), the host of COP28 2023 is renowned for its astounding urban development projects, where cities like Dubai and Abu Dhabi continuously push the boundaries of avant-gardism and innovation. However, this rapid urbanisation also presents challenges in terms of climate change and sustainability. To tackle this, it is important to routine data-driven insights as a tool to promote climate solutions. […]
Arabian Post Staff The first Emirates flights operating with sustainable aviation fuel (SAF) provided by Shell Aviation have taken off from Dubai International Airport (DXB). Emirates’ flight EK 412 bound for Sydney on 24 October was among the first to operate with SAF. Shell has supplied 315,000 gallons of blended SAF for use at the airline’s hub in Dubai. This first ever supply of SAF to Emirates in Dubai […]
NEW DELHI: The capital expenditure by 54 large central public sector enterprises (CPSE) and the five departmental arms of the ministries, such as the Railway Board and National Highways Authority of India, rose 33% in the first half of the current fiscal with their spending reaching Rs 3.79 lakh crore by September 30, according to […]
The post CPSE Capex Up 33% By H1 Of FY24, Touches Rs 3.79 Lakh Crore first appeared on Latest India news, analysis and reports on IPA Newspack.
By K Raveendran A failure by Russia to fulfil its commitment of 300,000 barrels per day of voluntary cut in crude exports as per the understanding with OPEC is likely to cause friction between Moscow and Saudi Arabia, the prime driver of the cartel’s supply control strategy to shore up crude prices. Any problem in […]
The post Overshooting Russian Oil Exports May Cause Friction In Saudi-Led Supply Cut Mechanism first appeared on Latest India news, analysis and reports on IPA Newspack.
SINGAPORE & NEW YORK, USA – Media OutReach – 3 November 2023 – AGP Sustainable Real Assets (“AGP”), a Singapore-based global infrastructure and real assets developer and operator, today announced a strategic, preferred investment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. As a strategic capital partner, Stonepeak will bring valuable expertise to the AGP management team, and help to accelerate the […]
Delegates to the Minamata Convention on Mercury address triple planetary crisis with fluorescent lamp phase-out. GENEVA, SWITZERLAND – News Direct – 4 November 2023 – This week at the Minamata Convention on Mercury Fifth Conference of Parties (COP5), delegates from 147 countries agreed to phase out florescent lighting globally and completely by 2027. Fluorescent lamps contain mercury, a potent neurotoxin. The decision will accelerate global adoption of […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 2 November 2023 – Gentari Sdn Bhd (Gentari), via its wholly-owned subsidiary Gentari International Renewables Pte Ltd, has entered into an agreement with AM Green BV (AM Green) to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings BV (AMG Ammonia). AMG Ammonia is established by the founders of Greenko, one of India’s leading renewable energy […]
NEW DELHI: Amid intense last-round discussions leading up to climate meet — Conference of Parties (COP) 28 — in the UAE, India is among the countries pitching for opening up loss and damages fund (LDF) for developing nations like itself and not limit it to small island and least developed nations. India feels that it […]
The post India Pitches For Loss & Damages Fund Ahead Of COP 28 first appeared on Latest India news, analysis and reports on IPA Newspack.
