India is looking to muscle up its trade with Latin America through focused trade pacts including one with Chile which will be announced soon, Commerce Secretary said.
At least six insurance companies have evinced interest in raising the stake of their foreign partners from present 26% to 49%, Insurance Regulatory and Development Authority Chairman said.
Environment Ministry’s expert panel, EAC, has suggested use of imported coal with higher ash content of up to 25%, as against 12% now, to help domestic thermal power plants use higher grade coal and bring down the cost of generation.
According to the Ministry of New and Renewable Energy (MNRE), India today has installed solar capacity of 4,262 MW, of which 518 MW were built in the current financial year. MNRE expects 4,345 MW of fresh capacity to come up in 2015-16 (including the 518 MW achieved so far.)
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