+
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
Infrastructure Urban

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..

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?