SJVN Initiates Groundbreaking Green Hydrogen Project
SGEL seeks bids for 400 MW MSEDCL solar projects Maharashtra
SJVN Green Energy (SGEL) had announced the invitation for online bids via an open tender for the 400 MW MSEDCL solar project across Maharashtra. It was mentioned that these bids were to be invited following a single-stage two-envelope format. The first envelope, Envelope-I, was designated for the techno-commercial bid, while the second envelope, Envelope-II, was for the price bid.
The SGEL project was planned to be executed with a reverse auction for the balance of system (BoS) package, which would include power evacuation. Additionally, it would entail a three-year comprehensive opera..
IIFCL has sanctioned over 760 projects of about Rs 13.8 trillion
What are the top three sectors in IIFCL’s loan portfolio mix?
So far, IIFCL has sanctioned more than 760 projects with a total project outlay of ~Rs.13.8 trillion, the majority of which are PPP projects. As on 31 March 2024, IIFCL’s total sanctions and disbursements on a cumulative basis exceed Rs.2.5 trillion and Rs.1.25 trillion, respectively. The outstanding loan book stands at over Rs.500 billion as on 31 March 2024.
IIFCL provides finance to all subsectors in the harmonised infrastructure sector list, like power, ports, roads, airp..
Health First!
At a time when geospatial technologies will play a pivotal role in propelling India’s economic ascent towards a $ 5-trillion economy, Arahas Technologies, with a lineage spanning over two decades, is pioneering geospatial and AI-powered solutions. Apart from structural health monitoring (SHM), the company has left an indelible imprint on sectors like smart cities, utilities, renewable energy and ESG (environmental, social and governance).
Now, why is it important to ensure SHM, especially in high-rises? How can AI and advanced infrastructural monitoring tools make structures safer? ..
Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..
India's Peak Power Demand to Surge
India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.
The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..