Power Finance Corporation, a Navratna public sector lender, is in the process of creating a wholly-owned subsidiary for the renewable energy sector, in a couple of weeks, to be called PFC Green Energy Ltd.

M K GoelM K Goel, director (commercial), PFC, told reporters here today that this sector required relatively smaller amounts and had not been getting adequate priority.

THE government will bid out at least two ultra mega power projects (UMPPs) of 4000mw each in April 2010 to make up for the slippage in power capacity addition in previous years, a senior power ministry official said.

May 27: Environmentalists are up in arms over the encroachment of wetlands. They maintain that wetlands serve to neutralise the toxins discharged through industrial effluents and domestic sewage, before letting the water
percolate down into the earth to replenish aquifers.

Coastal Regulation Zone (CRZ) notification 1991: The CRZ area is defined as coastal stretches of seas, bays, estuaries, creeks, rivers, backwaters, all influenced by tidal action (in the landward side). The CRZ area is up to 500 metres from the high tide line and the land between the low tide line and high tide line.