SJVN Limited, through its wholly owned subsidiary SJVN Green Energy Limited (SGEL), has signed a Power Usage Agreement (PUA) with Jammu & Kashmir Power Corporation Limited (JKPCL). Under the PUA, SGEL will supply 300 MW Solar Power capacity to JKPCL from the under-construction 1,000 MW Bikaner Solar Power Project in Rajasthan.
Chairperson & Managing Director, SJVN, Smt. Geeta Kapur informed that the Bikaner Solar Power Project is being developed by SJVN through SGEL under CPSU Scheme of IREDA at a cost of Rs. 5,491 crores. The project is being developed under the Domestic Content Requirement (DCR) mode and is slated for commissioning by July 2024.
Union Minister of State for Electronics and IT, Skill Development and Entrepreneurship, and Jal Shakti, Shri Rajeev Chandrasekhar launched ‘Investor Information and Analytics Platform’ developed by IIT Madras. This platform has been developed by the Researchers at the Centre for Research on Start-ups and Risk Financing (CREST) of IIT Madras.
This platform will act as a one-stop shop for startups to seamlessly access Venture Capitalists (VCs) and investors networks, Govt schemes and several other components of the startup landscape for all stakeholders. An important feature of this unique platform is “StartupGPT” which is an AI-based conversational platform.
National Industrial Corridor Development Corporation Limited (NICDC) under Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India and the Foundation for Innovation and Technology Transfer at the Indian Institute of Technology, Delhi (FITT-IITD) signed a Memorandum of Understanding at Vanijya Bhawan, New Delhi.
The objective of this MoU is to evaluate optimality of locations for development of Greenfield Industrial Smart Cities in India leveraging the principles and framework of PM GatiShakti. This initiative aligns with India's vision to emerge as a global manufacturing hub, emphasizing the importance of data-driven, decision-making in sustainable futuristic urban planning.
From April to January 2024, India experienced a notable 6.60 % growth in power generation compared to the corresponding period in the previous year. Particularly striking was the commendable 10.06% growth in coal-based power generation during this period. In India, power generation is diversified across conventional (Thermal, Nuclear, and Hydro) and renewable sources (Wind)
Despite the surging power demand, coal import for blending witnessed a significant decrease of 36.69% to 19.36 MT during Apr’23-Jan’24 from 30.58 MT in the corresponding period of the previous year. This exemplifies the nation's steadfast commitment to achieving self-reliance in coal production and minimizing overall coal imports.
Veteran Ghazal singer Pankaj Udhas took his last breath on Monday, at the age of 72, his family confirms. His family released a statement confirming the demise of the legendary singer. The statement reads, "With a very heavy heart, we are saddened to inform you of the sad demise of Padmashri Pankaj Udhas on 26th February due to a prolonged illness."
Udha's first song in the movie was Kamna, which was composed by Usha Khanna and written by Naqsh Lyallpuri. Thereafter, Udhas developed an interest in Ghazals and learned Urdu to pursue a career as a ghazal singer. He released his first ghazal album in 1980, i.e., Aahat.
Tuvalu's parliamentary members have selected former Attorney General Feleti Teo as the Pacific Island nation's new prime minister following a general election that recently brought the country's relationship with Taiwan into focus. The swearing-in ceremony for Teo and his cabinet will be held later this week.
Employees' Provident Fund Organisation (EPFO) is organising its monthly district outreach programme Nidhi Aapke Nikat 2.0 today in over 670 districts of the country. The locations of camps can be accessed from the EPFO website under the What's New section.
For the ease of EPS’95 pensioners, a special dedicated Pension Helpdesk will be set up wherein various pensioners-centric services like submission of Digital Life Certificates, Enquiries, and Pension Payment Order (PPO) handover on the day of retirement will be provided.
Ravindra Kumar has taken over charge as Director (Operations) of NTPC on Monday. Prior to joining as Director (Operations) of NTPC Limited, he was Officer on Special Duty (OSD) to Director (Operations) of NTPC Limited. The Appointments Committee of the Cabinet (ACC) had approved his appointment for the post on February 24.
ITI Limited on Monday said that it has signed memorandum of understandings (MoU) with Lekha Wireless, Niral Networks, and InstaICT Solution Private Limited to create and manage entire Private 5G ecosystem for an enterprise, i.e. plan, design, deploy, implement and manage.
According to an official statement, ITI Limited has formalized a strategic collaboration with Lekha Wireless, Niral Networks, and InstaICT Solution aimed at driving the adoption of 5G technology in India. The MoUs, signed on February 15, signifies the beginning of a significant partnership between these niche entities in the telecommunications sector.
Oil India Limited (OIL), National Center for Seismology (NCS) and Centre for Earth Sciences and Himalayan Studies (CES & HS) inked a tripartite MoU on February 25 at Itanagar, Arunachal Pradesh to pursue applied earth science related studies in India with a focus on Arunachal Pradesh and the Northeast Region.
Amazon Pay, the fintech arm of e-commerce major Amazon India, has received a payment aggregator licence from the Reserve Bank of India (RBI), the company. The fintech firm joins a list of companies that the central bank has granted authorisation to operate as payment aggregators (PA) recently.
Food delivery major Zomato, and fintech firms Stripe and Tata Pay were among the companies to have bagged the licence in January. They joined the likes of Razorpay, Cashfree Payments, and EnKash, who got approval last year. The company added that the authorisation from the banking regulator would enable it to strengthen its distribution channels.
Paytm Payments Bank (Paytm PB) has decided to reconstitute the board by inducting former bureaucrats and public sector bankers while removing the founder of Paytm and Chief Executive Officer (CEO) of One97 Communications (OCL) Vijay Shekhar Sharma as part-time non-executive chairman and board member.
Mumbai-based pharmaceutical company Cipla has received approval from the Central Drugs Standard Control Organization (CDSCO) to market plazomicin, an antibiotic, in India for the treatment of complicated urinary tract infections (cUTI), including pyelonephritis (kidney infection). Plazomicin is a new intravenous (IV) aminoglycoside, it retains activity against strains.
India’s poverty rate declined to 4.5-5% in 2022-23, SBI Researcher, with rural poverty declining to 7.2% from 25.7% in 2011-12 and urban poverty down to 4.6% from a decade ago period, according to the new Household Consumption Expenditure Survey data. SBI Researchers estimated the new poverty line, or the basic level of consumption required was Rs 1,622 for rural areas.
