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DVC Eyes Rs 200 Bn Investment to Expand Solar Capacity to 4000 MW by 2030
POWER & RENEWABLE ENERGY

DVC Eyes Rs 200 Bn Investment to Expand Solar Capacity to 4000 MW by 2030

Damodar Valley Corporation (DVC) has announced plans to invest Rs 20,000 crore to significantly increase its solar power installed capacity to 4000 megawatts (MW) by 2030. This ambitious expansion aims to bolster DVC's renewable energy portfolio and contribute to India's clean energy goals. The investment will focus on developing new solar power projects across various locations, leveraging DVC's existing infrastructure and expertise in power generation. The corporation plans to implement advanced solar technologies and enhance operational efficiencies to maximise energy output and sustainability. DVC's initiative aligns with India's renewable energy targets, emphasising the importance of scaling up solar power capacity to meet growing electricity demands sustainably. The expanded solar capacity is expected to play a crucial role in reducing carbon emissions, enhancing energy security, and promoting environmental sustainability.

Damodar Valley Corporation (DVC) has announced plans to invest Rs 20,000 crore to significantly increase its solar power installed capacity to 4000 megawatts (MW) by 2030. This ambitious expansion aims to bolster DVC's renewable energy portfolio and contribute to India's clean energy goals. The investment will focus on developing new solar power projects across various locations, leveraging DVC's existing infrastructure and expertise in power generation. The corporation plans to implement advanced solar technologies and enhance operational efficiencies to maximise energy output and sustainability. DVC's initiative aligns with India's renewable energy targets, emphasising the importance of scaling up solar power capacity to meet growing electricity demands sustainably. The expanded solar capacity is expected to play a crucial role in reducing carbon emissions, enhancing energy security, and promoting environmental sustainability.

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ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

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Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

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Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

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