Friday, Apr 19 2024 | Time 14:05 Hrs(IST)
image
Business Economy


Informa Markets to organise 2-day renewable Energy trade expo in Hyderabad from Nov 19

Hyderabad, Nov 15 (UNI) Informa Markets in India, the leading B2B exhibitions organiser on Monday announced the 5th edition of RenewX, a two-day Renewable Energy trade expo to be held at the Hitex, here from November 19.
Through RenewX 2021, will provide an Industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for generating business opportunities, Informa Markets owned by Informa PLC, said in a release here.
One of the leading shows in South India, RenewX will witness a congregation of South India's green economy community to discuss industry trends, challenges and market insights.
While Telangana is a partner state, the Telangana State Renewable Energy Development Corporation Limited will be the Nodal Agency at the show.
This year, for the first time, the expo will be witnessing the presence of the UK joining as the ’Partner Country‘.
The key highlights of the show include a two-day conference, product showcase, pavilions in the form of UK Pavilion and participation from industry stalwarts such as Greenko Group, Longi Solar, Ginlong Solis, Premier Energies, Wattkraft, Goldi Solar, Evvo Solar, Pennar Industries, Rayzon Green Energies, Axitec Energy, Novasys Greenergy, REC Solar and Ksolare Energy among others.
Day 1 will witness a closed-door CEO Conclave – ‘From Ambition to Action – A Visionary Debate’ that will be chaired by Telangana Principal Secretary (IT) and Co-chaired by Jayesh Ranjan and Telangana Former Special Chief Secretary (Entergy Department) Ajay Mishra.
Speaking on the announcement, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, India’s renewable energy sector is the most attractive renewable energy market in the world. As of July 2021, India had 96.96 GW of renewable energy and represents 25.2 percent of the overall installed power capacity. Due to India’s geographical positioning and topography, solar power has a significant potential in the country offering a competitive advantage over other countries.
Moreover, India is now embracing the idea of AgriPV as solar and the farming industries are beginning to see potential in the combined usage of land for food production and energy generation. The Government of India has also announced various initiatives and has undertaken various large-scale sustainable power projects to promote green energy, setting an ambitious target to generate 450 GW of RE by 2030, he said.
With Government’s support to the sector and improved economics, this sector is becoming more attractive for the investors, he added.
RenewX once again is geared to share relevant insights gained in the domestic and global renewables market through its 2 days of power packed conference with the theme ‘South India Energy Conclave’
UNI KNR GNK
More News
NTPC green energy inks MoU with Indus Towers

NTPC green energy inks MoU with Indus Towers

19 Apr 2024 | 12:05 PM

Mumbai, Apr 19 (UNI) NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) on Friday signed a Memorandum of Understanding (MoU) to address the need for pacing green energy objectives and the GoI’s efforts towards a carbon-neutral economy.

see more..
Rupee opens record low at 83 55 against USD

Rupee opens record low at 83 55 against USD

19 Apr 2024 | 11:50 AM

Mumbai, Apr 19 (UNI) The rupee on Friday opened at a record low of 83.55, declining three paise amid geographical tension between Israel and Iran and rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.

see more..
Sensex drops over 500 points

Sensex drops over 500 points

19 Apr 2024 | 11:31 AM

Mumbai, Apr 19 (UNI) The equity market continued to fall for the fifth consecutive session on Friday as BSE Sensex crashed 539 points to open below 72K at 71,949.65 amid heightened geographical tension, triggering a massive selloff of global equities.

see more..

USD up ; Euro,Pound down

19 Apr 2024 | 10:08 AM

Mumbai, Apr 19 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

Severe coal crisis: RINL to call for global tenders to procure 1 50L tons coal

18 Apr 2024 | 7:29 PM

Visakhapatnam (Andhra Pradesh), Apr 18 (UNI) In the backdrop of severe Coal crisis due to the ongoing strike at Adani Gangavaram Port Limited (AGPL),Rashtriya Ispat Nigam Limited (RINL) - Visakhapatnam Steel Plant (VSP), has embarked on a relentless mission to secure the crucial raw material of coal, which is essential for its safe and sustained operations.

see more..
image