Manohar Lal visit to DVC: renewable energy expansion

18 Jul 2024 CW Team

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.

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..