Daily Archive: August 31, 2013

CIL falls below IPO price on share sale concerns

The Coal India Ltd (CIL) stock on Friday slipped below its initial public offering (IPO) price, after the government appointed merchant bankers to manage the company’s share sale. In intra-day trade, the stock touched a record...

DoT for running towers on renewable energy

Concerned over the widespread usage of diesel by over six lakh telecom towers in the country, the telecom department is working on running towers on renewable energy, starting with non-grid areas. Telecom companies are estimated to be...

Bengal to implement solar RPO this year

In a bid to boost non-conventional energy production, the West Bengal government is set to implement the solar renewable purchase obligation (solar RPO) this year, a minister said Friday. The RPO mandates that every company generating,...