CleanMax Solar to install rooftop unit for AP SecretariatCleanMax Solar to install

first_imgSHARE SHARE SHARE EMAIL CleanMax Solar is set to install a 842 kWp rooftop solar power unit at the Andhra Pradesh Secretariat in the upcoming Greenfiled capital city of Amaravati.The project is being installed in partnership with the Andhra Pradesh Capital Region Development Authority (APCRDA). The solar project is the first Power Purchase Agreement signed as a part of the tender awarded by New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. (NREDCAP) to CleanMax Solar. The plant will be spread across seven buildings , including the Chief Minister’s Office Building and AP Assembly, among others.The project is based on the Resco (renewable service company) and Opex (Operational expense) model. The unit is expected to generate 12.4 lakh units per annum, with estimated saving on electricity bills to be Rs 42 lakh per annum for the next 25 years. The plant will abate 1026 tonnes of CO2 emission annually, equivalent to planting 24,360 trees.Andrew Hines, Co-founder, CleanMax Solar in a statement said, “Amaravati has been envisioned as a truly global city, and we are part of making it a sustainable city as well. Andhra Pradesh Chief Minister N. Chandrababu Naidu has laid special emphasis on driving sustainability by sourcing a large portion of its energy requirement from renewable energy.”“CleanMax Solar will equip the city with one of its first solar projects, to meet 25% of AP Secretariat’s power requirement through sustainable solar power,” he said. It recently installed a 2MWp solar plant for Hindustan Shipyard Ltd in Andhra Pradesh. Once the Secretariat project is operational, the company projects will be abating 6168 tonnes of CO2 annually, via 4.3 MW of rooftop solar projects across 5 locations in Andhra Pradesh. Published on Andhra Pradesh COMMENT solar December 13, 2018 COMMENTSlast_img read more

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Top five news stories to watch out for on May 6

first_imgMay 06, 2019 COMMENTS Prime Minister Narendra Modi is to visit Cyclone Fani hit Odisha on May 6 to take stock of the situation in the state. The Prime Minister spoke to Odisha Chief Minister Naveen Patnaik on Saturday and announced his plans to visit the storm-hit state on Twitter. In the fifth of the seven phases of General Elections 2019 to be held on May 6, a total of 51 seats across seven states will go to polls. Voting will take place in a number of seats in Uttar Pradesh, Rajasthan, Madhya Pradesh, West Bengal, Bihar, Jharkhand and Jammu and Kashmir. Both Rae Bareli and Amethi — represented by Sonia Gandhi and Rahul Gandhi respectively — will witness a heated contest between Congress and BJP heavy weights.US Commerce Secretary Wilbur Ross is to meet Commerce Minister Suresh Prabhu on Monday to discuss trade-related issues amid America’s decision to withdraw export benefits to Indian exporters. Issues such as withdrawal of GSP benefits by Washington are expected to come up for the discussion. The US decided to withdraw export benefits to Indian exporters under the Generalized System of Preferences programme, which is expected to impact India’s exports to the US worth $5.6 billion under this scheme. The Supreme Court is to to hear on May 6 a plea of an AIADMK MLA, V. T. Kalaiselvan, who has been served a notice by the Tamil Nadu assembly Speaker for indulging in “anti-party activities” under the anti-defection law. A bench of Chief Justice Ranjan Gogoi and Justice Deepak Gupta said it will hear the plea on Monday. Senior advocate Kapil Sibal, appearing for Kalaiselvan, said the Speaker has served him a notice under the anti-defection law and the matter requires urgent hearing as he will disqualify him for alleged anti-party activities.INS Ranjit, the frontline missile destroyer of the Indian Navy, is to be decommissioned on Monday. INS Ranjit, the third of the five Kashin-class destroyers built by the erstwhile USSR, was commissioned in 1983. The ship will be decommissioned at the Naval Dockyard, Visakhapatnam. The ceremony will be attended by personnel who have served on-board INS Ranjit in the past and will also include officers and sailors from the commissioning crew. SHARE SHARE EMAIL Prime Minister Narendra Modi addresses an election rally for the forthcoming 2019 Lok Sabha elections.   –  PTIcenter_img SHARE Published on COMMENTlast_img read more

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KCR sets high growth agenda as Telangana celebrates State formation day

first_imgCOMMENTS Telangana Chief Minister K Chandrasekhar Rao called upon the people to strengthen the Government weeding out corruption in administration and take the state into high growth path.Addressing the fifth anniversary celebrations of the Telangana formation, the Chief Minister mentioned about three legislations for municipal, panchayat raj, and revenue administration and said they were aimed at making them corruption free.The celebrations were relatively a low key fair due to the election code and oppressive summer.He said “By giving equal importance to development and welfare we initiated a process of reconstruction of the State.”Telangana, he said, has emerged as a powerful force stabilising itself as a state on progress. “Our State registered on an average 16.5 per cent revenue growth during the past five years. If the same trend continues, the indications clearly show that the State’s revenue will witness a multiplier growth. To further expand the development this growth rate augurs well.”Rao said, “We were able to demonstrate during the past five years some permanent solutions to several critical problems during the past five decades. This includes surmounting the power crisis, enabling 24×7 power to all sectors including agriculture. This has rejuvenated both the agriculture and industrial sectors.”Referring to the Mission Bhagiratha, which seeks to address the drinking water problem, he said it is at an advanced stage of completion in almost all rural areas. It will be commissioned on July 1.Mentioning about various welfare schemes, he said that their benefits will have far reaching impact on the people in the years to come.Referring to the irrigation projects his Government had taken up, including the mega Kaleshwaram lift irrigation project, the Chief Minister said “once these irrigation projects are completed, the entire Telangana will have green fields. This will ensure State becomes drought free and there will be water throughout the year.”On the Investment Support scheme for agriculture under the Rythu Bandhu, he said “We ensure that the farmer does not get into debts by giving Rs 4,000 per acre, per crop totalling Rs 8000 for two crops.” He announced enhancement of the amount to Rs 5,000 per acre per season working out to Rs 10,000 for two seasons per acre. K Chandrasekhara Rao (file photo).   –  The Hindu June 02, 2019 COMMENT Published on SHARE SHARE SHARE EMAIL Telanganalast_img read more

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Acting Chairman of Council of Economic Advisers Is Named

first_imgHealth economist Tomas Philipson has been named acting chairman of the White House Council of Economic Advisers, a White House spokesman said Monday. Mr. Philipson, a professor at the University of Chicago, has served as one of three members of the council since August 2017. He has been serving as the acting chairman after the resignation of Kevin Hassett on June 28. Mr….last_img

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Brookfield Asset Management

first_img(Credit: Wikipedia, Google Maps, and Pixabay)Brookfie上海贵族宝贝论坛 ld Asset Management’s $15 billion property fund is ready to roll.The firm has finished raising money for the fund, which is the largest ever for the company and the s上海贵族宝贝 ec爱上海 ond largest in private real estate, just behind Blackstone Group爱上海同城论坛 ’s $15.8 billion fund that closed in 2015, according to the Wall Street Journal. Blackstone is almost finished closing a $20 billion fund this year as well.Brookfield has already made 10 investments using more than $5 billion from the fund, including its purchase of 666 Fifth Avenue from the Kushners and its privatization of Forest City Realty Trust. The fund’s massive size gives Brookfield a lot of clout and will also compel it to focus on large deals, which can be challenging.The firm started fundraising last year, and its initial goal was $10 billion. It plans to focus on high-quality real estate and avoid properties that can take a long time to generate cash flow, such as development sites. Last year, Brookfield took on several development and redevelopment projects across New York City.Brookfield told the Journal that more than 150 investors committed to the new fund, ranging from endowments to foundations to sovereign wealth funds. [WSJ] – Eddie SmallTags: 666 fifth avenue, blackstone group, brookfield asset management, Commercial Real Estate, Real Estate Finance We are having some technical difficulties. Try again later. By clicking Subscribe you agree to our Privacy Policy.last_img read more

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Feds Powell affirms rate cut view others see US economy humming

first_img {{category}} {{time}} {{title}} ATLANTA/VICTOR, Idaho: As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook.The contrasting remarks show the dilemma the Fed faces as it heads towards an end-of-month monetary policy meeting now broadly expected to end with a rate reduction.On one hand – emphasised by Powell in Congressional hearings Wednesday and Thursday and seconded by the influential chief of the New York Fed and Fed Governor Lael Brainard — global trade and economic risks have put a dent in investment, inflation is well below the Fed’s 2% target, and the U.S. expansion may need a shot in the arm.But as they polled businesses in their districts, Atlanta Federal Reserve Bank President Raphael Bostic and Richmond Federal Reserve Bank President Thomas Barkin saw an economy still humming, and no clear need for the Fed to ease monetary policy. Powell has pointed to a number of national surveys as evidence business confidence took a hit recently. Economy 11 Jul 2019 Fed’s Powell signals rate cut as trade war outweighs strong job market Economy Related News Related News Business News 09 Jul 2019 Fed easing likely to prompt China rate cut Tags / Keywords: “I am not seeing the storm clouds actually generate a storm yet,” said Bostic, who described himself as skeptical of the need to cut interest rates right now. “With very few exceptions businesses are telling me the economy is performing as strong as it was. They are not seeing weaknesses in consumer engagement. And they are not materially changing their plans.””I’ve been out in the last couple weeks and I’m talking to business people,” Barkin said on Thursday. “They are not yet leaning back…They are not cutting jobs, They are not cutting investments that have already been underway. But they are cautious…They haven’t stopped, they’ve just slowed.”More detail about on-the-ground business sentiment may come next week when the Fed releases its latest Beige Book compendium of anecdotal information from the 12 Fed districts.Powell has pointed to a number of national surveys as evidence business confidence took a hit recently, particularly in May after President Donald Trump threatened to impose tariffs on Mexican imports unless his demands about tougher immigration enforcement were met.The tariffs were not levied, but “it was a bit of a confidence shock, Powell told the Senate Banking Committee.In Albany, New York Thursday, New York Fed President John Williams, added his voice in support of a rate cut, citing uncertainties around trade and global growth and soft inflation. “The arguments, for adding policy accommodation have strengthened over time.”Brainard, in a separate appearance in Scranton, Pennsylvania, piled on. “Taking into account the downside risks at a time when inflation is on the soft side would argue for softening the expected path of monetary policy according to basic principles of risk management,” she told a community banking group.Neither Barkin nor Bostic have a vote this year on the Fed’s rate-setting committee. But they will participate in the debate when the Fed meets in three weeks in a session widely expected to reduce the Fed’s overnight target interest rate by at least a quarter of a percentage point.Investors expect that cut with near 100% certainty.Powell, in appearances on Capitol Hill this week, bolstered expectations such a cut is coming, and focused on the need to protect the United States against fallout from a weak global economy.Neither Barkin nor Bostic ruled out supporting a rate cut, which, according to minutes of the Fed’s June meeting, has drawn support for a variety of different reasons — both the global tensions Powell has focused upon, as well as weak inflation and a sense that the Fed had unintentionally set policy too tight with its four interest rate increases last year.At least a couple regional Fed bank presidents do support a rate cut, including St. Louis Fed Bank President James Bullard, and Minneapolis Fed President Neel Kashkari who on Thursday said he is advocating the “stronger medicine” of a half-percent rate cut. Both men say a rate cut is needed to boost inflation expectations.But other regional bank presidents have in recent days said they were struggling to justify lower rates at a time when unemployment is near a historic low, at 3.7%, and job growth continues apace.Bostic said that even recent weak inflation data may not be as worrisome as it might seem.With the Fed’s current preferred measure of inflation running at 1.6%, below the 2% target, some policymakers argue the central bank needs to do more or risk losing public trust that it takes the target seriously.”If the public comes to believe that a persistent downside miss to the 2% goal means the FOMC is not committed to that goal, then there is a problem,” Bostic said.But he added that his analysis of inflation expectations, based on surveys of professional forecasters and business executives, left him unconvinced that expectations are slipping. In addition, less “noisy” measures of actual inflation, which strip out the most volatile terms, indicate “that right now we are very close to our 2% price stability mandate.” – Reuters Markets 11 Jul 2019 Asia stocks rise, dollar sags as Fed chair sets stage for rate cutlast_img read more

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Classy Djokovic charges into another Wimbledon final

first_imgLONDON (Reuters) – Top seed and defending champion Novak Djokovic held off a spirited challenge from Spanish outsider Roberto Bautista Agut on Friday to triumph in four sets and advance to a mouthwatering Wimbledon final against Roger Federer.Remarkably the Serb’s 6-2 4-6 6-3 6-2 success was the 12th victory in his last 13 Grand Slam semi-finals and he is now one win away from his fifth title at Wimbledon and 16th Grand Slam singles crown as he resumes his great rivalry with the Swiss.Friday’s match turned on an amazing 45-shot rally in the seventh game of the third set, which Djokovic won to hold serve and stay a break up – and from then on he took total control as the Spaniard, who had looked calm and confident in his first Grand Slam semi-final, was eventually brushed aside.”I had to dig deep. It’s the semi-finals and Roberto was not overwhelmed – he’s a very under-rated player,” Djokovic, 32, said. Tennis 10 Jul 2019 Ibiza party on hold as Bautista Agut reaches Wimbledon semis Related News Tennis 10 Jul 2019 Highlights: Wimbledon day nine “He played really well. He was managing his nerves in the first set but later on he established himself and started to play better. I got a bit tight. It was a close opening four or five games of the third set – that’s where the match could have gone a different way.”Bautista Agut flashed a brilliant return past Djokovic from the first serve of the match but he barely threatened for the rest of the set as his high-risk approach produced too many errors and a provided a straightforward set win for the favourite.The second was a different story as Bautista Agut dialled back a little and found that he was able to out-duel the master. Djokovic was making uncharacteristic errors on seemingly simple shots and was frequently left staring skywards, questioning himself and taking issue with the crowd.Bautista Agut snatched a break in the third game and served superbly to back it up, dropping only four points in five successful service games to level the match.REAL MATCHThe Centre Court crowd realised they had a real match on their hands and they were treated to a superb third set. It, and probably the match, hinged on the seventh game as Djokovic, a break to the good, served at 30-40.The players then smashed out their 45-shot rally, much of it a mesmerizing exchange of identical crosscourt backhands that had the crowd gasping before Djokovic blinked first to switch the angle of attack and take the point with a devastating winner.It was the longest rally officially seen at Wimbledon since records began in 2005 and Djokovic duly served out and stayed on top to take the set.The champion then took command in the fourth set, cutting out the loose groundstrokes and picking up points with adventurous serve-and-volley attacks and after breaking for a 2-1 lead he never looked back.”Obviously winning that game was crucial for me,” Djokovic said of the marathon rally game. “It gave me more confidence and relief so I could swing more freely in the next games.”Bautista Agut had no answers but can be pleased with his efforts in what is turning out to be the best year of his career, having never previously reached even a quarter-final at a Grand Slam.The 31-year-old can now join his friends on a belated stag break. They arrived in London to watch Friday’s game after his planned Ibiza trip was cancelled following his unexpected progress to the last four.Djokovic, however, has got more business to attend to as he prepares to face 37-year-old eight-times Wimbledon champion and number two seed Federer in Sunday’s showpiece.”Regardless of the history and many finals I’ve played, playing a final at Wimbledon is something different so I’ll definitely enjoy that experience,” he said. (Reporting by Mitch Phillips, editing by Ken Ferris)center_img Tennis 10 Jul 2019 Clinical Djokovic destroys Goffin to reach semis {{category}} {{time}} {{title}} Related Newslast_img read more

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Mumbai Unable to locate 3yearold Divyansh who fell into gutter search teams

first_img Next Mumbai: Unable to locate 3-year-old Divyansh who fell into gutter, search teams call off operationsThe search for a three-year-old boy who fell into an open stormwater drain here on Wednesday has been stopped, a civic official said on Friday night.advertisement Press Trust of India MumbaiJuly 12, 2019UPDATED: July 12, 2019 23:06 IST Divyansh Singh, who fell into a drain at Ambedkar Chowk in Malad East around 10 pm Wednesday, remained untraceable even after 48 hours.The search for a three-year-old boy who fell into an open stormwater drain here on Wednesday has been stopped, a civic official said on Friday night.Divyansh Singh, who fell into a drain at Ambedkar Chowk in Malad East around 10 pm Wednesday, remained untraceable even after 48 hours.The search was finally stopped around 10 pm, the spokesperson of the Brihanmumbai Municipal Corporation (BMC) said.The search team covered over 10 km of drainage line but in vain, another official said.The team of 50 BMC, Fire Brigade and National Disaster Response Force personnel searched the drain line by opening all manholes along the stretch.The child’s fall into the drain near Goregaon-Mulund Link Road was captured by CCTV cameras.Divyansh’s father Suraj Bhan Singh had alleged earlier that the authorities were not doing enough to trace his son.”The BMC, fire brigade and NDRF are not showing any intent to find my son. The fire brigade team did not even have a torch. NDRF jawans came and went back after marking their presence. Our family wanted to protest but were stopped by the police,” Singh had claimed.He also hit out at Mumbai Mayor Vishwanath Mahadeshwar for not bothering to meet him or other members of the family.ALSO READ | 20 hours on, no trace of Mumbai toddler who fell down gutter, family inconsolableALSO WATCH | 2-year-old falls into open drain in MumbaiFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAnupriya Thakur Tags :Follow Mumbailast_img read more

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Alternative to Lakshman Jhula to be built soon says Uttarakhand CM Trivendra

first_img Press Trust of India DehradunJuly 13, 2019UPDATED: July 13, 2019 20:38 IST Lakshman JhulaHIGHLIGHTSLakshman Jhula is in a dilapidated conditionThe bridge was closed on Friday on the recommendation of a team of experts from IIT RoorkeeThey recommended immediate closure of the bridge to all traffic and pedestrian movementThe Uttarakhand government has decided to build a bridge across the Ganga in Rishikesh as an alternative to the iconic Lakshman Jhula which was closed due to safety reasons, Chief Minister Trivendra Singh Rawat said on Saturday.The bridge was in a dilapidated condition and not capable of sustaining the load of traffic, Rawat said, adding that its closure was the only option left.Keeping the bridge open to traffic could have been risky, especially in view of the upcoming Kanwar mela during which thousands of devotees cross it daily, he told reporters.The bridge was closed on Friday on the recommendation of a team of experts from IIT Roorkee. They had recommended immediate closure of the bridge to all traffic and pedestrian movement.”A decision has been taken to construct a bridge over the Ganga in Rishikesh soon as an alternative to Lakshman Jhula,” the chief minister said.The opinion of experts will be taken on how to preserve the Lakshman Jhula as a cultural heritage site, he said.Built in 1923 over the Ganga, Lakshman Jhula is located five km northeast of the town and connects the two villages of Tapovan in Tehri district on the western bank of the river and Jonk in Pauri district.One of the main attractions for tourists and devotees coming to Rishikesh, the pedestrian bridge was also used by two wheelers.It was named after Hindu mythological character Lakshman as it stands where he was said to have crossed the river with the help of jute ropes.Parts of many successful Hindi movies and serials were shot at the Lakshman Jhula including Ganga Ki Saugandh, Sanyasi and popular detective serial CID.Closure of the bridge could also affect tourism as it was used by visitors bound for Tapovan and the famous Neelkanth temple near Rishikesh.ALSO READ: Rishikesh’s iconic Lakshman Jhula shut FOREVER after experts call it beyond repairALSO WATCH: CST bridge collapse case: Structural auditor’s bail plea rejectedFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted bySanjay Nirala Next Alternative to Lakshman Jhula to be built soon, says Uttarakhand CM Trivendra Singh RawatUttarakhand government decided to build a bridge across the Ganga in Rishikesh as an alternative to the iconic Lakshman Jhula which was closed due to safety reasons.advertisementlast_img read more

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