Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: India will be a global renewables outperformer over our 10-year forecast period, with nonhydro
renewables capacity to more than triple from 2015 to 2025. Ongoing government support, strong
investor interest and advantageous natural conditions will drive growth in the industry, particularly in the
Latest Updates And Structural Trends
? In July, Suzlon Energy won an order from an IPP for a 58.8MW wind power project in Madhya Pradesh.
Suzlon will supply wind turbines, build, commission, operate, maintain and service the project for 12
years. The plant is expected to be commissioned by March 2017.
? It was announced in June National Hydroelectric Power Corporation (NHPC) plans to build a 600MW
solar power project at Koyna hydropower complex in Maharashtra. The company is reportedly reviewing
the feasibility and financial viability study for the project. It plans to install floating solar panels with a
pumped storage system.