December 8, 2018

Agriculture Industry

NABARD signs pact with GCF to infuse $100 mn for boosting solar poweredit

The Hindu Business Line

The National Bank for Agriculture and Rural Development (NABARD) on Saturday said it has signed an agreement with Green Climate Fund (GCF) to infuse $100 million into an ambitious project designed to unlock private sector initiatives for creation of rooftop solar power capacity across India.

Agri universities and research institutes are cultivating farm startupsedit

The Economic Times 

Shanky Sungroya is a first year MSc student in the school of agriculture at Lovely Professional University (LPU), Punjab. But he is already running an enterprise with a monthly sales of Rs 80,000. The icing on the cake is that his venture, Green Grocer, sells agriculture products made on campus and it was incubated by the university. It was in the second year of his bachelor degree that Sungroya came up with the idea of sourcing and selling fruit and vegetables harvested from the campus farms.

PSPCL plans to augment its installed power generation capacity by another 1,000MWedit

The Times of India

Buoyed by the financial gains made by selling surplus power worth Rs 976 crore in the open market from April till October, the Punjab State Power Corporation Limited (PSPCL) has put in place a plan to further augment its power generation capacity by another 1,000 MW.

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