- Orient Green Power Limited (OGPL), a subsidiary of Singapore-based Orient Green Power Pte. Ltd. with a diversified portfolio of renewable energy plants in India, has drawn up plans to increase the capacity to 800 MW by March 2012. As on March 31, 2010, its installed capacity was 193.1 MW comprising 152.6 MW of wind farms and 40.5 MW from biomass-based power plants. By the end of the current financial year, it plans to reach a capacity of 340 MW.
- Anil Dhirubhai Ambani-owned Reliance Life Insurance has announced that it has crossed the Rs.15,000-crore-mark in assets under management (AUM). “This milestone closely follows the Rs.10,000-crore AUM mark recorded by the company in September 2009,” the company said in a statement. The company is targeting to double the AUM to Rs.30,000 crore by 2011-12.
- Union Minister of State for Environment and Forests Jairam Ramesh has acted boldly and impartially by relying on scientific expertise and rejecting the application from Vedanta Resources for forest clearance to start bauxite mining in Orissa's Niyamgiri hills. In doing so, he has laudably upheld due process, human rights, and environmental laws. The transparent manner in which the Ministry went about assessing environmental concerns and the impact the project would have on tribal groups in the proposed mining area before arriving at a decision is particularly noteworthy.
- Tamil Nadu Government decides to urge AICTE not to grant approval for establishing anymore new engineering colleges in the State.
- Home minister P Chidambaram today hoped a starting point would be found in the next few days to help break the vicious cycle of violence in Kashmir and re-start the process of dialogue for peace.
- Describing the security scenario in the country as "critical", defence minister A K Antony on Wednesday said more high profile indigenous defence equipment were needed.
- Even the most extreme geoengineering approaches will not stop sea levels from rising due to climate change, a study suggests.New research proposes that as many as 150 million people could be affected as ocean levels increases by 30cm to 70cm by the end of this century.
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