Manohar Lal visit to DVC: renewable energy expansion
POWER & RENEWABLE ENERGY

Manohar Lal visit to DVC: renewable energy expansion

In a significant development aimed at bolstering India's energy sector, Union minister of power and housing and urban affairs Manohar Lal, made his first official visit to the headquarters of Damodar Valley Corporation (DVC) in Kolkata. The visit was focused on assessing the performance and addressing the challenges faced by one of the country?s vital power entities. During his visit, Manohar Lal engaged in comprehensive discussions with DVC's management on various issues, including the operational challenges and financial hurdles that are impeding the corporation's growth. Highlighting the critical role of DVC in the nation's energy security and economic development, the Minister assured full governmental support in overcoming these obstacles. A major point of discussion was the need for DVC to expand its renewable energy portfolio?a move that aligns with the country?s ambitious goals for sustainable energy. Shri Manohar Lal advised DVC to consider the equity market as a viable option for fundraising to support its future growth plans and infrastructural developments. Expressing gratitude towards the Union Minister, the DVC management team acknowledged his guidance and pledged to accelerate efforts towards enhancing operational efficiencies and integrating more renewable energy projects into their portfolio.

In a significant development aimed at bolstering India's energy sector, Union minister of power and housing and urban affairs Manohar Lal, made his first official visit to the headquarters of Damodar Valley Corporation (DVC) in Kolkata. The visit was focused on assessing the performance and addressing the challenges faced by one of the country?s vital power entities. During his visit, Manohar Lal engaged in comprehensive discussions with DVC's management on various issues, including the operational challenges and financial hurdles that are impeding the corporation's growth. Highlighting the critical role of DVC in the nation's energy security and economic development, the Minister assured full governmental support in overcoming these obstacles. A major point of discussion was the need for DVC to expand its renewable energy portfolio?a move that aligns with the country?s ambitious goals for sustainable energy. Shri Manohar Lal advised DVC to consider the equity market as a viable option for fundraising to support its future growth plans and infrastructural developments. Expressing gratitude towards the Union Minister, the DVC management team acknowledged his guidance and pledged to accelerate efforts towards enhancing operational efficiencies and integrating more renewable energy projects into their portfolio.

Next Story
Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a ..

Next Story
Real Estate

Hansgrohe unveils LavaPura Element S e-toilets in India

Hansgrohe India has launched its latest innovation, the LavaPura Element S e-toilet series, introducing a new standard in hygiene-focused, smart bathroom solutions tailored for Indian homes and high-end hospitality spaces.Blending German engineering with minimalist aesthetics, the LavaPura Element S combines intuitive features with advanced hygiene technology. The series is designed for easy installation and optimal performance under Indian conditions, reinforcing the brand’s focus on functional elegance and modern convenience.“With evolving consumer preferences, smart bathrooms are no lon..

Next Story
Infrastructure Urban

HCC Net Profit Stands at Rs 2.28 Billion for Q4 FY25

Hindustan Construction Company (HCC) reported a standalone net profit of Rs 2.28 billion in Q4 FY25, a sharp increase from Rs 388 million in Q4 FY24. Standalone revenue for the quarter stood at Rs 13.30 billion, compared to Rs 14.28 billion in Q4 FY24. For the full fiscal year, the company reported a standalone net profit of Rs 849 million, down from Rs 1.79 billion in FY24. Standalone revenue for FY25 was Rs 48.01 billion, compared to Rs 50.43 billion in the previous year.Consolidated revenue for Q4 FY25 stood at Rs 13.74 billion, and for FY25 at Rs 56.03 billion, down from Rs 17.73 billion i..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?