Change of guard at FTAPCCI during this month
Sharath Chowdary Federation of Telangana and AndhraPradesh Chambers of Commerce and Industry (FTAPCCI) is going to be headed by a new President this month. The term of the present President Anil Reddy Vennam ends on 15 June, 2016. On the same day, there will be an annual general meeting and the current Senior Vice President Ravindra Modi will be appointed as the President. With more than 3,300 members, the apex industry chamber of the state will organise elections for the post of Vice President and other executive posts of the industry body this month end, Anil Reddy told The Dollar Business on the side lines of the announcement of FTAPCCI Excellence Annual Awards programme for the year 2014-15 in Hyderabad on Friday. The ...
India poised to be worlds clean energy capital
The Dollar Business Bureau Union Minister for Power, Coal, New and Renewable Energy Piyush Goyal said that India was poised to become the world’s clean energy capital. "The mission of the government is to enhance the use of clean technology and renewables for generating power, thus, making India clean energy capital of the world," said the minister, while commemorating the Environment Day in Noida on Friday. Goyal also released a coffee table book on bio-diversity - The Good Earth, by NTPC (National Thermal Power Corporation Ltd). He emphasised on the need for forest restoration by planting trees on a great scale and prodded the PSU to surpass its tree plantation targets and to keep a proper record highlighting the ownership of activity. The minister ...
GFA on renewable energy between India and UAE
The Dollar Business Bureau The New and Renewable Energy Ministry said that the Union Cabinet led by Prime Minister Narendra Modi has been apprised of an agreement between India and the United Arab Emirates (UAE), on cooperation in the field of renewable energy. "The Union Cabinet headed by PM Narendra Modi was apprised of a General Framework Agreement (GFA) on Renewable Energy Cooperation between India and the UAE," the Ministry said in a statement. The Agreement was signed during the visit of HH General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, to New Delhi on February 11, 2016. The GFA’s objective is to form the basis for an agenda through which investments, extensive projects, other types of commercial activities, collaboration ...
Betting on an India-Belarus future of co-operation
Source: PIB, Government of India. India's President, Pranab Mukherjee (Right) meeting the Prime Minister of Belarus, Andrei Kobyakov, in Minsk, Belarus on June 03, 2015. Source: PIB, Government of India The President of India, Pranab Mukherjee addressed a Belarus - India Business Forum organized by the Belarus Chamber of Commerce and Industry and FICCI-CII in Minsk on Friday. Addressing the gathering of eminent business representatives from India and Belarus, the President said trade, investment and economic cooperation form one of the most important facets of contemporary India-Belarus relations. As we seek to elevate our bilateral relationship, it is our business communities that possess the maximum potential to transform and energize these ties. The President said with a view to further energizing ...
Commercial coal mining by private firms to benefit consumers
Sai Nikesh D | The Dollar Business Post the recent auction of coal blocks, the Government of India is planning to give the mines to respective states helping them to meet their respective power generation needs. After satisfying the domestic needs ranging from industries to households, the government is further planning to open up commercial mining of coal blocks by private sector, informed Piyush Goyal, Union Minister of Power, Coal, New and Renewable energy. To this effect, the Minister indicated that the process of commercial mining would probably start in the coming year. The Minister further said that the government’s move towards commercial coal mining involving private sector, would ultimately increase the competition and will bring down the rates as a ...
