Cheque Truncation System is considered to be major milestone in the history of Indian banking system. CTS aim to make cheque clearance more efficient while reducing the clearance time of cheques to one day thus trimming down the floating time considerably. It is reported that in India, around 1.2 billion cheques are processed annually. Thus implementation […]

The World Economy is growing rapidly in recent years. The Indian economy has always shocked the global economy by its performance in the international market. Its time that we look at some of the facts talked about the Indian economy, which is the worlds’ 3rd largest economy in terms of GDP. India can be the […]

Introduction Indian states have been coming out with solar policies and tenders at a feverish pace in recent days thanks to falling solar panel prices and massive brownouts due to inadequate power capacity. Tamil Nadu announced a massive solar promotion policy targeting 3 GW in 3 years through a mix of ground and rooftop solar […]

There are many sparsely populated areas where extension of grid connectivity is not rewarding. Renewable energy can be most cost-effective and advantageous for such areas. Renewable energy projects are sustainable and uncomplicated. Existing options like kerosene lanterns and diesel generators are expensive, difficult to disseminate in remote areas and pollute air. Renewable energy can play […]

Power is one of the most widely used resources used in every sphere of life, business, etc. If we talk about the Indian economy, we find that the total Installed Capacity of Power is nearly 2 Lakh MW. Thermal generation accounts for almost 2/3rd (66%) of the production. India’s electricity generation for the fiscal year […]

The concept of solar parks was started in India by the Gujarat government where land, infrastructure and electricity transmission is established in one place making it easy for solar developers to set up megawatt scale solar energy plants. This has been copied by Rajasthan and now by Tamil Nadu as well. The 6% SPO for […]