Himachal CM Announces 2 MW Solar Plant in Kaza to Enhance Power Supply

07 Jan 2025 CW Team

Himachal Pradesh Chief Minister Sukhvinder Sukhu announced the installation of a two-megawatt (MW) solar power plant in Kaza, a remote region of the Lahaul-Spiti district. The project aims to strengthen and improve the area's power supply.

The Chief Minister praised the dedicated efforts of the Himachal Pradesh State Electricity Board Ltd. (HPSEBL) team in setting up the plant. He mentioned that the plant would be fully operational within a few months, with the addition of a one-megawatt-hour (MWh) battery storage system.

Sukhu emphasised the state's commitment to leveraging solar energy as part of its goal to become a "green state." In line with this vision, electric vehicle (EV) charging stations are being established across the state based on demand.

The state government has also approved the installation of 18 MW of ground-mounted and rooftop solar plants on vacant land near HPSEBL offices. Additionally, plans are underway to install rooftop solar systems on 50,000 houses by 2026-27. So far, 4,444 applications have been received for this initiative.

The Chief Minister also outlined efforts to make Himachal Pradesh self-reliant by optimising resource use, including rationalising electricity subsidies and staff. He revealed that power project agreements signed by the electricity board are under review, and loans taken at high-interest rates will be reassessed to lower the debt burden.

These initiatives aim to support the self-sufficiency of Himachal Pradesh State Electricity Board Limited. Sukhu reaffirmed the government's commitment to safeguarding the interests of employees and ensuring their financial benefits are regularly provided.

(ET)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..