CMPDI Invites Tenders for 5 MW Solar Plant in Jharkhand
Govt to merge MECL into CMPDIL for business strengthening
The central government has planned to merge Mineral Exploration Corporation Limited (MECL), a non-coal mineral exploration and consultancy firm, into Central Mine Planning and Design Institute Limited (CMPDIL) to create an integrated exploration organisation.
According to a statement, the Ministry of Coal has explained that CMPDIL is a subsidiary of Coal India Limited (CIL) that provides exploration and consultancy services, especially to the coal sector. Keeping scope for business expansion in other minerals, the government has plans to merge MECL into CMPDIL for its strengthening.<..Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..
India's Peak Power Demand to Surge
India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.
The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..