Indian Railways will soon run trains using solar power from arrays of photovoltaic cells deployed on both sides of select electrified tracks in 10 states, replacing 4,000 MW of coal-fired electricity in bid to become a green transporter.
Global credit ratings agency has cautioned investors in public sector NBFC India Renewable Energy Development Agency (IREDA) by changing the outlook on outstanding to negative for the “deterioration in IREDA’s financial performance, due to an increase in problem assets, as well as a significant decline in profitability, driven by certain changes in accounting norms.”
Climate change is already covered under the environment impact assessment, the National Green Tribunal has said while disposing of a nine-year-old girl's plea alleging inaction by the Centre to mitigate the adverse impact of the issue.
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