Himachal Launches Solar Project for Youth Startups
Hydro Project Leaks Raise Concerns
Himachal Pradesh's hydroelectric project has faced scrutiny as reports reveal leakage during the testing phase, raising concerns among experts. The project, situated in the picturesque valleys of Himachal Pradesh, was anticipated to harness renewable energy while contributing to the region's economic growth. However, repeated instances of leakage during the testing phase have prompted experts to demand a moratorium on new hydroelectric projects.
The leakage incidents have highlighted potential environmental risks and safety hazards associated with such ventures. Concerns loom over the ..
India allocates Rs 20 million per km for China border road construction
The Vibrant Village Program (VVP), which had been approved by the government on February 15, 2023, aimed at improving infrastructure and settlement stability along the border between India and China. It was stated that the goal of that project was to enhance the lives of people in 2,967 villages spread out over 46 border blocks in 19 districts in Arunachal Pradesh, Himachal Pradesh, Sikkim, Uttarakhand, and Ladakh. It was further mentioned that the main objective of the VVP was to deter people from leaving border towns, elevate living standards, and bolster border security by maintaining a pop..
Asia's largest airport Jewar in UP may start in the next 2-3 months
The eagerly-awaited Jewar (or Noida) airport, with construction progress surpassing 75 per cent, is poised to start operations soon. The airport is poised to become Asia's largest and the world's fourth-largest. Notably, both the runways and the crucial air traffic control (ATC) infrastructure have been completed, indicating a strong likelihood of the airport being operational within the next two or three months.
Contact: Noida International Airport
Website: www.nialjewar.com
The new flyover from Mumbai airport to Bandra is operational
The much-awaited flyo..
Adani Energy Acquires Essar's Transmission Assets
Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.
The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..
IEX Q4 Net Profit Grows 9.5%
The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.
The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..