EESL firms up £100 million investment plan to buy heat, power utility in UK

EESL firms up £100 million investment plan to buy heat, power utility in UK

New Delhi: State-run Energy Efficiency Services Ltd (EESL) is firming up a £100 million investment plan for buying a combined heat and power utility in the UK, and investing in firms that are setting up fast-charging electric vehicle (EV) infrastructure and...
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Two Indian renewable power producers plan to sell $750 million in domestic bonds

Two Indian renewable power producers plan to sell $750 million in domestic bonds

Two of India’s biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pvt Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday. The pair turned...
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India may produce surplus power this fiscal: Fitch Ratings

India may produce surplus power this fiscal: Fitch Ratings

Subdued demand growth, consistent capacity additions and better networks may result in India producing surplus power in the current fiscal, although sporadic outages continue and 24 per cent households are yet to be electrified, according to the latest report ...
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Adani Power Jumps; Board To Discuss Sale of Mundra Power Generating Unit

Adani Power Jumps; Board To Discuss Sale of Mundra Power Generating Unit

Shares of Adani Power jumped as much as 2 per cent to hit intraday high of Rs. 27.50 after the company post market hours on Thursday informed stock exchanges that its board of directors will meet on June 6 to...
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Is Your Angel Investor Playing Power Ball or Money Ball?

Is Your Angel Investor Playing Power Ball or Money Ball?

Sophisticated investors in high potential start-up companies generally take one of two approaches to angel investing, which I call “power ball” and “money ball”. Either of these approaches can yield high financial returns, but their success requires an...
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MIT’s New Speech Recognition Chip Delivers Power Savings of Up to 99 Percent

MIT’s New Speech Recognition Chip Delivers Power Savings of Up to 99 Percent

Researchers at MIT have developed a low-power special-purpose chip that is claimed to reduce the power consumption of electronic devices and help them save battery life as a result. The chip, which is specialised for automatic speech recognition, has been...
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