India gets USD 400 million boost from new European Investment Bank
Renewable energy investment across India gets USD 400 million boost from new European Investment Bank – YES BANK initiative
Expansion of renewable energy power generation across India will be supported by a new
USD 400 million joint initiative backed by the European Investment Bank and YES BANK, India’s 5thlargest private sector bank. YES BANK will manage the new co-financing programme for construction of new solar power plants and wind farms across the country.
USD 400 million joint initiative backed by the European Investment Bank and YES BANK, India’s 5thlargest private sector bank. YES BANK will manage the new co-financing programme for construction of new solar power plants and wind farms across the country.
The new USD 400 million private sector renewable energy financing programme was announced in New Delhi today by Donal Cannon, Head of the European Investment Bank Representation to South Asia and Arun Agrawal, Group President, International Banking, YES BANK. It will be supported by USD 200 million from the European Investment Bank, alongside financing from YES BANK, project promoters and other financial institutions.
The 15 year USD 200 million EIB loan was approved by the EIB Board of Directors on 12th December and financial details of the new initiative are expected to be finalised in the coming weeks.
The new financing programme will streamline financing for a range of renewable energy projects being built and operated by leading Indian corporations and private sector developers. Eligible solar projects have already been identified in the states of Rajasthan, Telangana, Maharashtra and Karnataka and additional wind and solar projects are currently being examined.
“India and the European Union are committed to the Paris Agreement and tackling climate change. This new USD 400 million initiative demonstrates the shared vision and commitment of both the European Investment Bank and Yes Bank to increasing renewable energy power generation across India. This new financing programme will make a significant contribution to harnessing wind power and solar energy to produce green energy, create thousands of jobs during construction and strengthen technical and financial skills for the renewable energy sector to expand.” said Andrew McDowell, European Investment Bank Vice President.
“The new cooperation between YES BANK and the European Investment Bank, demonstrates another milestone in our leadership as India’s pre-eminent ‘Green Bank’. The highly successful transaction showcases continued trust and enthusiasm of Global multilaterals and Finance Institutions in partnering with YES BANK. With this transaction we remain well on track to achieve our commitment to finance 5,000 MW of RE made at the 1st RE-INVEST Summit in Feb 2015 and is also synchronous with our COP 21 commitment of mobilizing USD 5 Bn for Climate Finance by 2020.” said Mr. Rana Kapoor, Managing Director & CEO, YES BANK.
This new initiative is the first EIB cooperation with YES BANK, and represents the first support for renewable energy in Asia with a commercial bank. This is also the longest tenor borrowing facility for YES BANK in the international loan market. The European Investment Bank is the world’s largest international public bank, owned directly by the 28 European Union member states and the largest lender for renewable energy investment worldwide.
Last year the European Investment Bank provided EUR 19.6 billion for climate related investment worldwide.
In recent months the EIB has made new investment in sustainable transport in India, backing expansion of the Bangalore and Lucknow Metro systems..
Background information:
The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals.
Train on inaugural trip derails near Tacoma
High speed the passenger train that derailed in Washington state was traveling 80 miles per hour in a 30 mph zone, transport investigators said late Monday.
Bella Dinh-Zarr, vice chairwoman of the National Transportation Safety Board, told journalists “it´s too early to tell” why the train was traveling at such a fast speed, an estimate that came from preliminary information obtained from an event data recorder in the rear locomotive.
Amtrak passenger train on its inaugural trip on a new route derailed this morning in Washington state near the city of Tacoma, spilling multiple cars flying off a bridge and onto a busy interstate, killing at least six people.
The train, which was carrying 78 passengers and five crew, was part of a newly expanded faster rail service along the route linking Seattle and Portland, Oregon featuring new locomotives.
The Amtrak train was traveling on a new route for the first time before plunging off a bridge onto a busy highway, leaving at least six people dead.Many more were injured on board the train, which hit vehicles on the I-5 highway below. Another 77 people have been taken to hospital, reports say.
Federal investigators would be on the scene for a full day Tuesday, she said, kicking off a probe into the incident that would likely last seven to 10 days.
Information obtained from the front locomotive´s data recorder, which has been more difficult to access, would potentially lend more insight into the train´s exact speed, according to Dinh-Zarr.
Pictures captured following Monday morning´s derailment showed one Amtrak train car overturned and crushed on the interstate highway and others dangling from the overpass.
Several other carriages of the 14-car train also ended up on the highway, shutting down a key section of the busy artery that connects the greater Seattle metropolitan area to Olympia. All but one car jumped the tracks.
Officials gave no reason for the derailment of southbound Amtrak train 501, the inaugural run of a new service that promised faster connections between Seattle and Portland, Oregon.
Local officials had warned only weeks ago that the track still might not be safe enough to handle trains at higher speeds.
‘INTERNATIONAL CONFERENCE FOR WOMEN IN AVIATION & AEROSPACE’
PRESS INVITATION
Indian Women Pilots Association cordially invites you for the Press Conference & to share with you the uniqueness of
‘INTERNATIONAL CONFERENCE FOR WOMEN IN AVIATION & AEROSPACE’
(The Indian Women Pilots Association Indian Women Professionals in Aviation & Aerospace invites you for the Grand Conference including Indian & Abroad Mentors, along with eminent personalities.)
Chief Guest:
· Shri P.Ashok Gajapathi Raju (Hon’ble Union Minister of Civil Aviation)
Guests of Honour:
· Shri Jayant Sinha (Minister of State for Civil Aviation)
· Air Chief Marshal BS Dhanoa (Chief of Air Staff) Along with many others.
Time: 5:00 pm
Date: 19th December 2017 (Tuesday)
Venue: Air Force Auditorium, Subrato Park, Near Dhaula Kuan Metro Station, Delhi
You are requested to send correspondents/ photographers/ camera crew for the Event.
R.S.V.P
Shailesh Giri
9811222325(M)
Standing ovation for Bollywood’s Ashley Lobo in Germany
Standing ovation for Bollywood’s Ashley Lobo in Germany
Ashley Lobo is first Indian to choreograph ballet for an international company
Bollywood’s renowned choreographer Ashley Lobo who has choreographed many super hit songs in Bollywood movies and made SRK, Hrithik, Anushka dance to his steps has been making waves internationally as well.
Ashley‘s international acclaim got one of Germany’s biggest art companies – the Chemnitz Ballet Company to invite Ashley to choreograph The Jungle Book in ballet form. Ashley Lobo went on to script and choreograph a full length dance drama play based on The Jungle Book theme. Show after show AshleyLobo has been getting standing ovation by packed houses coming in to watch the show.
Ashley says: “Its indeed a pleasure and honor to represent India on international dance platforms and showcasing that India indeed is a powerhouse of skilled dancers and talent. Indian choreography is thankfully making a huge impact internationally and really honoured to be a part of this wonderful journey. It was a proud moment for me as an Indian to get standing ovation from the German audiences.”
Ashley is back in the country after working on the German ballet dance drama for two months.
Ashley is the first Indian to choreograph a ballet dance drama for an international company.
Ashley has choreographed songs in films like Jab We Met, Namastey London, Cocktail, Guzarish, Harry Met Sejal, Rabtaa and many more. He now aims to make a dance film which he is scripting himself.
Services Conclave “Serve India and the World”
Minister of Commerce & Industry, Shri Suresh Prabhu Service Conclave address India need to global leaders in service sector our services globally are acceptable.Apart from health, education, which awaits mega growth in employment, even manufacturing, agriculture need digital services is massive employment generators. Services are now globally are best and productive engine of growth for the developed and developing world.
Service Conclave: Bank fiscal for MSME weak, Digital service enhance pace in tourism, promos. Technology transition is giving teething problems for employments. Jobless global growth irk at all levels. India GST landscapr poorrly planned, mover of economy the Tourism is still bewildered with higher GST, need to be 5℅. GST need further ease in sector-vise. Indian diaspora 15mn. MSME Innovation RD, Raw Material needs paramount attention by both governments and other business houses further MSMS no ease of business, the Gov banks make mockery of startups. MediaEnt also reels under GST as this sector too is job captive.
GeM – eProcurement Gov initiative
Prashant Kishore Rs.250 Cr Fees is Just & Fair Service Cost
December19, 2017 (C) Ravinder Singhprogressindia2015@gmail.com
Ireland was poorest Nation in EU but in 8 Years was richest EU country. Mind Blowing Transformation is possible through Professionally Led & Supported Government.
Had Rahul Gandhi hired Political Consultant after losing 2014 @ Rs.4 Crore Per month INC would have ‘Won Every Election’ After that including Gujarat Election.Parties may have spent Rs.2,000 Cr in Gujarat Elections in just 60 days.
When States Hire Advocates who charge Rs.1 Cr for every appearance in lower court –National Elections or State Election fees of Rs.250 Cr or Rs.500 Cr Fee is virtually nothing considering the actual poll expenditure.
In fact Consultants Fee should not be Considered as Poll Expense because this the way Elections should fought in Democracy and instead of –
n Instead of Poll Funding – Each Party be provided State FUNDS to hire Consultants.
n This shall make Indian Elections Clean and Fair.
n Parties should be assisted to IMPROVE their performance & develop economic policies.
Even after so much expenditureParties Couldn’t release Poll Manifesto – both Congress and BJP sites have no Gujarat manifesto – means Gross Failure to even explain their 5 year plans.
Congress Manifesto Highlight‘Promises to Constitute SIT to Investigate Corruption’ but INC was largely sleeping most of 5 years.
BJP in run up to the 2014 Elections hired 5,000-20,000 Consultants to Manage Election Campaign – Monthly expenditure could be Rs.100 Cr Per Month in last 4-6 months.
Consultants can in case of INC from Selection & Training of Candidates for LS 2019, and state elections in between,design poll campaign, Speeches, Media Engagement, Development Issues, Grooming Leaders in Each District of India, Economic Policies related to Agriculture, Industry & Services, Public Services etc.
Both Congress and BJP largest parties of India don’t have PROPER websites when every State and Parliament candidate should have their own Websites like in Developed countries.
I alone have over 43 yrs experience.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770, 9871056471, 9650421857
Power of Love
PRESS INVITATION
You are cordially invites you for the Song launch of the first Hollywood Song by personalities of Indian Film Industry & to share with you the uniqueness of
‘POWER OF LOVE’
(Versatile Indian Playback Singer Hema Sardesai has made her American debut with her new single. This song was rel;eased in Manhattan, New York on Monday.)
Guests:
· Hema Sardesai(Bollywood Playback Singer)
· Mishaal Raheja (TV Star, Love-Story & Laagi Tujhse Lagan fame)
Time: 2:00 pm
Date: 19th December 2017 (Tuesday)
Venue: PVR Plaza, H-Block, CP, Delhi
You are requested to send correspondents/ photographers/ camera crew for the Event.
R.S.V.P
Shailesh Giri
9811222325(M)
Germany, UNMA Launch First Global Migration Data Portal
Berlin — Germany’s Federal Foreign Office and IOM, the UN Migration Agency’s Global Migration Data Analysis Centre (GMDAC) will launch today (15/12) the Migration Data Portal in Berlin. The Migration Data Portal brings together the key facts and figures about global migration trends in one place for the first time.
“Especially in critical times, such as those we are facing today, it is our task to ensure that responses to migration are based on sound facts and accurate analysis,” said IOM Director General William Lacy Swing.
The idea to develop such a portal was first discussed and agreed upon on 12 July 2016, at the 2nd Berlin Roundtable on Refugees and Migration, where the former German Foreign Minister met with heads of international organizations working on migration, including IOM, UNHCR, the IFRC, the EC and the World Bank. The Portal was developed by IOM and with the support of the Economist Intelligence Unit (EIU).
The Migration Data Portal was developed with financial support from the US Department of State and Germany’s Federal Foreign Office.
The portal communicates global data on migration through visualizations, infographics and videos. It simplifies the navigation through complex international migration data for policy makers, journalists, statisticians and anyone interested in migration.
The portal also covers a wide range of topics including data on immigration and emigration trends; the linkages between migration and development; data on irregular migration; students and children; and data on migration policies as defined by the United Nations development goals and background on a global compact on migration expected to be adopted by the UN in 2018.
At its initial stage, the portal features 70 indicators from 15 international data providers (UNDESA, UNHCR and World Bank among others) and aggregates data at the national, regional and global levels. This range offers ample opportunities to explore and compare data while, understanding the context behind it.
“At a time when migration is high on the global agenda, it is essential that everyone has access to the key facts and figures about migration, and that we better understand the strengths and weaknesses of data on migration,” said Frank Laczko, Director of IOM´s Global Migration Data Analysis Centre.
German foreign policy employs a coherent strategy to manage migratory movements more efficiently and to address the root causes of forced migration. For fact-based policies and responses, reliable data are vital to ensure efficient, needs-based humanitarian aid, to counter harmful assumptions and to fight populism.
The development of the Migration Data Portal is a big step forward towards making the multitude of data on migration better and more available to policy makers.
The Migration Data Portal will scale up in coming months, making more data available at the regional and national levels. Visit the Migration Data Portal at: www.migrationdataportal.org
For more information contact Stylia Kampani at IOM GMDAC: Tel: +49 (0)30 278 778 16; Email: skampani@iom.int.
PGTI to become an ‘Open Tour’ from the 2018 season
Schedule for first half of 2018 announced
· PGTI to become an ‘Open Tour’ from 2018 with no restriction on the number of foreigners on the tour
· PGTI set to host 8 events in first half of 2018 with prize money of approximately Rs. 2.8 crore
· 3 new events scheduled in the first half
· Season tees-off on 24th January with inaugural Dhaka Open, an international event tri-sanctioned by PGTI, ADT & BPGA
New Delhi, December 17, 2017: The Professional Golf Tour of India (PGTI) is set to become an ‘Open Tour’ from 2018 onward. This would mean there will be no restriction on the number of foreigners on the tour once they earn their cards through the PGTI Qualifying School.
The PGTI had a limit of a maximum of 15 foreign players in each tournament till date. As the PGTI now transforms into an ‘Open Tour’, there will be no such restriction any more.
With the PGTI becoming an ‘Open Tour’ from next season, the tour also hopes to soon align itself with the Official World Golf Ranking (OWGR) system thus attracting world ranking points for all its future events.
The PGTI has also announced its calendar for the first half of the 2018 season. As per the calendar, the PGTI is scheduled to host eight tournaments between the months of January and April. The front half of the year will feature three new events.
The total prize purse on offer in the first half is approximately Rs. 2.8 crore, an increase of Rs. 20 lakh compared to last season.
The 2018 season will tee-off on 24th January with the inaugural Dhaka Open at the Kurmitola Golf Club in Dhaka, Bangladesh. The event worth approximately INR 40 lakh will be tri-sanctioned by the PGTI, Asian Development Tour (ADT) and the Bangladesh Professional Golfers Association (BPGA).
Besides the Dhaka Open, there would be two new additions to the schedule including an event in Delhi NCR.
The PGTI Cochin Masters presented by CIAL Golf Club (Rs. 40 lakh), Golconda Masters (Rs. 40 lakh) and Pune Open (Rs. 30 lakh) are the three established PGTI events that feature in the schedule for the first half.
The two events that return for their second editions are the Chennai Open (Rs. 30 lakh) and the Chittagong Open (Rs. 40 lakh).
The US$ 1.75 million Indian Open, co-sanctioned by the European Tour and Asian Tour, will be the second international event in the first half of the season. The Indian Open, now a PGTI Order of Merit event, is slated to be held from March 8 – 11, 2018.
With PGTI hosting eight Order of Merit events in the first half and the Indian Open also becoming an Order of Merit event, there will be a total of nine PGTI Order of Merit events in the first half of the season.
The First Stage of the 2018 PGTI Qualifying School will begin from January 8, 2018. It will feature three events of 36-holes each (Pre Qualifying I, II & III). The Final Stage of the Qualifying School, a 72-hole event, will be staged from January 17 – 20, 2018. The Qualifying School will be held at the Kensville Golf & Country Club, Ahmedabad.
DATE
|
TOURNAMENT
|
PRO-AM
|
VENUE
|
PRIZE MONEY
|
Jan 24-27, 2018
|
Dhaka Open 2018*
|
Jan 23, 2018
|
Kurmitola Golf Club, Dhaka, Bangladesh
|
BDT 50 Lacs (approx INR 40 Lacs)
|
Jan 31 – Feb 3, 2018
|
2018 PGTI Cochin Masters presented by CIAL Golf Club
|
Feb 4, 2018
|
CIAL Golf Club, Cochin
|
INR 40 Lacs
|
Feb 8-11, 2018
|
New Event (TBC)
|
Feb 7, 2018
|
TBC
|
TBA
|
Feb 22-25, 2018
|
Golconda Masters 2018 (TBC)
|
Feb 21, 2018
|
Hyderabad Golf Club, Hyderabad
|
INR 40 Lacs
|
Mar 1-4, 2018
|
Chennai Open 2018
|
Feb 28, 2018
|
Madras Gymkhana Golf Annexe, Guindy, Chennai
|
INR 30 Lacs
|
Mar 8-11, 2018
|
Indian Open 2018* (TBC)
|
Mar 7, 2018
|
TBC
|
US$ 1,750,000
|
Mar 13-16, 2018
|
New Event
|
Mar 17, 2018
|
Delhi NCR
|
INR 30 Lacs
|
Mar 21 – 24, 2018
|
Chittagong Open 2018
|
Mar 20, 2018
|
Bhatiary Golf & Country Club, Chittagong, Bangladesh
|
INR 40 Lacs
|
Apr 10-13, 2018
|
Pune Open Golf Championship 2018
|
Apr 14, 2018
|
Poona Club Golf Course, Pune
|
INR 30 Lacs
|
Seminar on Engaging an Expansion China, Option for India
Sagar Media Inc:Engaging an Expansion China Option for India Ranjit Ghua let India be not kiddy in global strategy . Prof Bharat Karnad CPR, India to liberate to be power in itself, national interestparamount, not to be parasite 2 Superpower.We have to have plans, strategy. Adm Anil chopra talked on importance of Marine best location
Fourth, Five Generation warfare are needed, further Cyber warfare all are important for the war all Time.
St Petersburg terror attacks thwarted with help of CIA intelligence
US President Donald Trump and Russian President Vladimir Putin spoke on the phone yesterday after ISIS-inspired terror attacks against the city of St. Petersburg were thwarted by Russia’s Federal Security Service using intelligence provided by the CIA.
According to a statement from the Kremlin, Putin thanked Trump for the CIA’s information on the attacks, which were to take place on Saturday at the Kazan Cathedral in St. Petersburg and other areas of the Russian city. The Federal Security Service said that seven members of a terror cell had been detained for their involvement in the plot, and that a significant amount of explosives, weapons and extremist literature were confiscated.
Vladimir Putin assured Donald Trump that the Russian intelligence services upon receipt of information relating to terrorist threats against the US and its citizens, will immediately transmit to its American colleagues in partner channels, the statement added.
Russian state-run media outlet TASS reported that Moscow initiated the call.
In a readout of the call released yesterday afternoon, the White House said Trump appreciated the call and stressed the importance of intelligence cooperation to defeat terrorists wherever they may be. Both leaders agreed that this serves as an example of the positive things that can occur when the countries work together, the readout said.
In a readout of the call released yesterday afternoon, the White House said Trump appreciated the call and stressed the importance of intelligence cooperation to defeat terrorists wherever they may be. Both leaders agreed that this serves as an example of the positive things that can occur when the countries work together, the readout said.
Juan Orlando Hernandez as winner of presidential vote
Honduras has been in political instability and violent protests since the vote, which initial counts suggested that Nasralla had won. The count has been questioned by the two main opposition parties and a wide swathe of the diplomatic corps.
Former Honduran president Manuel Zelaya, who backed Nasralla, immediately took to Twitter, saying Hernandez is not the president and calling for people to take to the streets in protest.
The secretary general of the Organization of American States, Luis Almagro, said on Sunday that serious questions still surrounded the results of elections and had asked for irresponsible announcements to be avoided.
The electoral tribunal of Honduras has declared incumbent President Juan Orlando Hernandez as the official winner of the November 26 presidential vote, saying it had resolved all of the challenges presented to the disputed process. According to the official count, Hernandez beat center-left Salvador Nasralla, a TV star, by 1 point 53 percentage points. In a nationally-televised address David Matamoros, the head of the tribunal said, this means the president elect for the Republic of Honduras for the next four years is Juan Orlando Hernandez Alvarado.
President Juan Orlando Hernandez won last month’s contested election by 1.53 percentage points over center-left opposition candidate Salvador Nasralla, Honduras’ electoral court said Sunday.
“This means the president elect for the Republic of Honduras for the next four years is Juan Orlando Hernandez Alvarado,” said David Matamoros, the head of the electoral court, in a televised address.
Nasralla and his opposition alliance have claimed the November 26 presidential vote was marked by fraud and irregularities.
Nasralla and his ally, former President Manuel Zelaya, have called for renewed protests.
Services Conclave “Serve India and the World”
Services Conclave
“Serve India and the World”
Tuesday, 19th December, 2017: Hotel Leela Palace, New Delhi
Dear Mr/ Mrs,
It gives me immense pleasure to inform you that Confederation of Indian Industry (CII) with the support of the Ministry Commerce and Industry and Services Export Promotion Council (SEPC) is organising the Services Conclave: Serve India and the World on 19th December in Delhi.
The Services Sector is emerging across the world as an enabler of economic growth and inclusion. The sector contributes almost one third of the gross value added, half of the world employment, one fifth of global trade and more than half of the world FDI flows.
In India, the contribution of the Services Sector has grown to more than half of the country’s output today, from 30 per cent of GDP in 1950, contributing 62 per cent of the gross value addition with the growth of 7.7 per cent in 2016-17. This fast emergence has thrown open huge opportunities and challenges for the sector.
Hon’ble Minister of Commerce & Industry, Shri Suresh Prabhu has agreed to deliver the Inaugural Address at the conclave on the 19th of December.
The Conclave will be attended by Policy Makers, Industry Captains, Academicians and other Stakeholders. The conclave will also address on “How IT and ICT is catalyzing growth through Digital Platforms and Sports as an emerging subsector which will drive growth, development and inclusion”.
The main components of the programme are:
· Conference
· Knowledge Report on Road map on Building Services Competitiveness
· White Paper on India: Leapfrogging with Disruptive Tech for 1.3 billion
· Global Exhibition on Services 2018: Curtain Raiser
The Conclave will attempt to bring in the stake holders: Government and Industry on a common platform to discuss and debate on building competitiveness of the Services Sector by,
- Identifying and addressing key Competitive Differentiators in the Services Sector
- Ideating on bridging the regulatory gaps in the key sub segments of the Services Sector
- Strategizing to develop a holistic framework for an overarching Services Policy
I take the opportunity to invite you to join us for the Inaugural Session and also nominate your senior colleagues to attend the Conclave.
Look forward to receiving you at the Conclave.
Warm regards,
Amita Sarkar
——————————————
Amita Sarkar
Deputy Director General
Deputy Director General
Confederation of Indian Industry
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