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☆ India's Adani partners with Leyland, Ballard to make hydrogen fueled electric truck
  + stars: | 2023-01-17 | by ( ) www.reuters.com   time to read: +2 min
The project led by Adani, will have Ballard supply the fuel cell engine, while Indian truck maker Ashok Leyland will provide vehicle and technical support for the project. If the devices that do that, electrolysers, are powered by renewable energy, the product is called green hydrogen. The Indian government had recently approved an incentive plan of 174.9 billion rupees ($2.11 billion) to promote green hydrogen and had set green hydrogen consumption targets for some industries earlier this month. Indian companies such as Reliance Industries (RELI.NS), Indian Oil (IOC.NS), NTPC (NTPC.NS), Adani, JSW Energy (JSWE.NS), ReNew Power (RENE.BO) and Acme Solar (ACMO.NS) have big plans for green hydrogen. Adani has a tie-up with French energy company TotalEnergies (TTEF.PA) as part of a deal to form a new green hydrogen project in India.
☆ India OKs $2 bln incentive plan for green hydrogen industry
  + stars: | 2023-01-04 | by ( Sarita Chaganti Singh | ) www.reuters.com   time to read: +3 min
Reuters reported last month about India's plans for a green hydrogen incentive programme. "Our aim is to establish India as a global hub of green hydrogen," Thakur said. India also plans to build electrolyser capacity of 60 gigawatts to 100 gigawatts to help produce green hydrogen, Thakur said. To promote the use of green hydrogen, Thakur said obligations - such as mandatory targets for green hydrogen consumption - would be required of fertiliser units, petroleum refineries and city gas distribution networks. The United States and the European Union have already approved incentives worth billions of dollars for green hydrogen projects.
☆ Exclusive: India plans $2 billion incentive for green hydrogen industry
  + stars: | 2022-12-27 | by ( Sarita Chaganti Singh | Expert Analysis | Reuters Professional | ) www.reuters.com   time to read: +4 min
NEW DELHI, Dec 27 (Reuters) - India is planning a $2 billion incentive programme for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become a major export player in the field. The United States and the European Union have already approved incentives worth billions of dollars for green hydrogen projects. GREEN AMMONIA, TOOThe Indian government expects industry to invest 8 trillion rupees in green hydrogen and its derivative green ammonia by 2030, said the industry manager and another government official. The green hydrogen proposal is likely to be called "Strategic Intervention for Green Hydrogen Transition (SIGHT)" and will be split into 45 billion rupees for electrolyser manufacturing for five years and the 135 billion rupees for green hydrogen and green ammonia production for three years, the manager and second official said. The incentive for making green hydrogen is likely to be 50 rupees per kg for three years, they said.
☆ India's finished steel imports from Russia hit 4-year high in April-October
  + stars: | 2022-11-29 | by ( Neha Arora | ) www.reuters.com   time to read: +1 min
NEW DELHI, Nov 29 (Reuters) - India's finished steel imports from Russia during April-October rose to their highest in at least four years, government data compiled by Reuters showed, underscoring Moscow's bid to divert shipments in the wake of Western sanctions. Russia accounted for just about 5% of India's total steel imports but was among the top five exporters. India's total steel imports between April and October stood at 3.2 million tonnes, up 14.5% from a year earlier. JSW Steel Ltd (JSTL.NS), India's largest steelmaker by capacity, said six to seven distressed Russian steel shipments arrived during the current fiscal year. Indian steelmakers have so far imported record 5-6 million tonnes of Russian coking coal in 2022/23, compared with less than 2 million tonnes last year.
☆ India scraps export tax on low-grade iron ore, some steel intermediates
  + stars: | 2022-11-18 | by ( Neha Arora | Megan Rowling | ) www.reuters.com   time to read: +2 min
NEW DELHI, Nov 19 (Reuters) - India scrapped export taxes on low-grade iron ore and on some intermediate steel products beginning Saturday, after months of complaints from miners and steel makers about loss of foreign sales opportunities. The government also reversed a May rise in export tax on iron ore concentrates other than roasted iron pyrites. The additional taxation imposed in May was intended to boost domestic supply of iron ore, a raw ingredient for making steel, and thereby hold down inflation. Major steel makers have urged the government to unwind the additional export taxation, saying it added to their problem of weakening international demand. Indian producers of low-grade ore depend largely on foreign markets, because most major domestic steel producers use high-grade iron ore.
☆ INDIA STOCKS Indian shares seen opening higher as oil slips
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Oct 19 (Reuters) - Indian shares are set to open higher on Wednesday, taking cues from overnight gains on Wall Street as corporate earnings helped improve sentiment and oil prices fell on worries of higher U.S. supply. Foreign institutional investors sold a net of 1.53 billion Indian rupees ($18.6 million) worth of equities on Tuesday, while domestic investors bought 20.85 billion rupees worth of shares, as per provisional data available with the National Stock Exchange. ** Adani Enterprises Ltd (ADEL.NS) said its unit, Adani Defence Systems & Technologies, would buy Air Works for an enterprise value of 4 billion rupees. ** Prestige Estates Projects Ltd (PREG.NS) said during second quarter, the group registered sales of 35.11 billion rupees, up by 66% from a year ago. ** ICICI Lombard General Insurance Co Ltd (ICIL.NS) reported a September-quarter profit after tax of 5.91 billion rupees, up 32.3% from last year.
☆ INDIA STOCKS Indian shares decline as metal stocks weigh
  + stars: | 2022-10-17 | by ( ) www.reuters.com   time to read: +1 min
BENGALURU, Oct 17 (Reuters) - Indian shares fell in early trading on Monday, dragged down by metal stocks and in line with Asian peers amid growing fears that aggressive rate hikes by central banks globally would lead to a slowdown and weigh on corporate earnings. The NSE Nifty 50 index (.NSEI) was 0.15% lower at 17,159.30 as of 0352 GMT, and the S&P BSE Sensex (.BSESN) fell 0.19% to 57,808.78. Nifty's metal (.NIFTYMET) and realty (.NIFTYREAL) sub-indexes were among the top losers, falling more than 1% each. Among other stocks, Shree Cement Ltd (SHCM.NS) fell 5% after it posted a 67.2% slump in second-quarter profit as fuel costs surged. ($1 = 82.4000 Indian rupees)Register now for FREE unlimited access to Reuters.com RegisterReporting by Rama Venkat in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
☆ 99 de femei militează pentru drepturile lor
  + stars: | 2015-04-16 | by ( Onixmedia Srl | ) diez.md   time to read: +2 min
„My Choice” este un scurtmetraj dedicat #VogueEmpower, pentru Vogue India. În acest video s-au filmat femei precum Nimrat Kaur, Adhuna Akhtar, Anupama Chopra, Scherezade Shrof. 99 de femei s-au adunat pentru a spune cu voce tare: „Este alegerea mea”. „Mi-a plăcut ideea să fi participat 100 de femei, dar în ultima clipă am aflat că o persoană nu poate participa”, a spus Homi Adajania. „Este alegerea mea – să mă mărit sau să nu mă mărit, să fac sex înainte de căsătorie, să fac sex cu altcineva în timpul căsătoriei sau să nu fac sex.
Persons: Filmulețul Organizations: Vogue, Bollywood Locations: Vogue India
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