Geneva, June 2 (IANS) Fueled by unusually warm ocean waters in the tropical Pacific, El Nino conditions are developing and are set to influence global temperature and rainfall patterns, increasing the risk of extreme weather over the coming months, the World Meteorological Organisation (WMO) said on Tuesday.”We need to prepare for a potentially strong El Nino event, which will exacerbate drought and heavy rainfall and increase the risk of heatwaves both on land and in the ocean,” WMO Secretary-G…
Latest Renewables News & Updates
Mumbai, May 17 (IANS) RPG Group infrastructure EPC major KEC International has reported a sharp decline in its fourth-quarter earnings, with net profit falling 28 per cent year-on-year (YoY).The Mumbai-based infrastructure engineering and construction company posted a consolidated net profit of Rs 193 crore for Q4 FY26, compared to Rs 268 crore in the corresponding quarter last financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations also declined during the quart…
New Delhi, March 19 (IANS) India’s Infrastructure Investment Trusts (InvITs) are expected to see the industry’s assets under management grow by about Rs 1 lakh crore in FY26, a report said on Thursday.The report from CareEdge Ratings said AUM of these trusts doubled from about Rs 3 lakh crore in FY22 to roughly Rs 6.25 lakh crore by FY25.Combined leverage or total external debt to enterprise value is expected to remain at around 49 per cent in FY26, driven by higher valuations from equity ra…