SECI to develop 500 MW solar projects

AP to commence 36 projects by December: CS

Dr KS Jawahar Reddy, Chief Secretary, AP, revealed that 36 new projects, companies, and industries, for which MoUs had been signed during the Global Investors' Summit (GIS), would become operational in Andhra Pradesh by December that year.

Dr Reddy reviewed the progress of projects approved by the State Investment Promotion Board (SIPB) during the GIS with officials of various departments. He requested the Industries Commissioner, Praveen Kumar, to submit fortnightly reports on the progress in implementing these projects. In total, 107 MoUs had been signed by various companies duri..

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..