India inexperienced lights restructuring of THDC, NEEPCO boards amid a push for expediting hydropower tasks

[ad_1] New Delhi: The Division of Public Enterprises (DPE) has green-lit a proposal to restructure the boards of NTPC subsidiaries THDC India Ltd (THDCIL) and North Jap Electrical Energy Corp. Ltd (NEEPCO), making them “leaner” amid a push for hydropower tasks alongside India’s japanese and north-western borders. In a communication dated 18 July to the … Read more

Brazil Engine Maker Says Tariffs Are Hitting Lengthy-Time period Initiatives

[ad_1] (Bloomberg) — Brazil’s WEG SA, a supplier of business equipment for world oil and energy firms, mentioned its purchasers are delaying long-term investments because of rising geopolitical tensions and new tariffs. Chief Monetary Officer Andre Luis Rodrigues mentioned the corporate is getting ready actions to mitigate potential US tariffs of fifty% on Brazil which … Read more