• The Commerce Ministry’s Directorate General of Trade Remedies (DGTR) has initiated a probe whether to continue with the imposition of safeguard duty on solar cells following an application made by domestic companies for the same.
  • India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall infrastructure sector for FY21, while revising the outlook on toll roads and wind sector to negative from negative-to-stable and stable, respectively.
  • Geothermal energy in Japan is expected to be actively utilized as renewable energy. This is one of the world’s most abundant sources of power.
  • NTPC Ltd said it will set up two new units of 600 MW each at Talcher Thermal Power Station in the state with an investment of Rs 7,400 crore.
  • The ratings of solar power projects are likely to remain stable next financial year (2020-21). However, there could be some slippages in construction timelines due to delays in the import of modules from China.
  • The outlook for the wind energy sector looks negative on the back of uneven plant load factor performance, weak counterparties and a few weak operations and maintenance contractors.
  • The Indian Railways will begin the exercise of rationalising freight charges in FY21, but may not necessarily reduce the rates. It will also look at simplifying freight policies.