Business

ENGIE Signs PPA for 200 MW Solar PV Project in GUVNL’s 1,125 MW Grid Connected Solar PV Power Projects

ENGIE Signs PPA for 200 MW Solar PV Project in GUVNL’s 1,125 MW Grid Connected Solar PV Power Projects

ENGIE announces the signing of Power Purchase Agreement (PPA) for a 200 MW Solar Photovoltaic (PV) project. This project is part of Gujarat Urja Vikas Nigam Limited's (GUVNL) larger project encompassing 1,125 MW grid-connected Solar PV power projects, to be established within the Gujarat State Electricity Corporation's Renewable Energy Park situated at Khavda, Gujarat. The bidding process by GUVNL took place on February 2, 2024, with ENGIE securing 200 MW at a competitive tariff of ₹2.62 per unit. GUVNL's project aims to fortify India's renewable energy capacity and promote sustainable development in the region. The 200 MW Solar PV project…
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Coromandel International Launches Magnesium-Enriched Paramfos Plus

Coromandel International Launches Magnesium-Enriched Paramfos Plus

Coromandel International Limited launched a magnesium-fortified complex grade fertilizer called Paramfos Plus in Bengaluru. Sankarasubramanian S, Executive Director, Nutrient Business, Coromandel International, launched the product in the presence of the company's senior leadership team and key channel partners from Karnataka and Tamil Nadu. The Paramfos Plus fertiliser contains 16% nitrogen, 20% phosphorus, 13% sulfur, and 0.6% magnesium. Adding magnesium to plants increases photosynthesis, chlorophyll production, and promotes vegetative growth, improving both quality and yield. The product is versatile and can be used both as a base and top dressing on a wide variety of crops, including paddy, cotton, maize, sugarcane,…
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NTPC Successfully Concludes National Finale of Power Quiz 2024 and Medha Pratiyogita 2024 

NTPC Successfully Concludes National Finale of Power Quiz 2024 and Medha Pratiyogita 2024 

Mumbai: NTPC hosted the National Finales of the Power Quiz 2024 and Medha Pratiyogita 2024 at the Power Management Institute (PMI), Noida, celebrating a remarkable journey of learning, knowledge sharing, and healthy competition among employees and their families. A total of 1820 teams participated in these events, with 570 teams competing in the Power Quiz 2024 and 1250 teams competing in Medha Pratiyogita 2024. Power Quiz, spanning 47 days, aimed to create an environment of learning and knowledge sharing among employees while enhancing awareness about developments in the energy sector. The winners of the inaugural edition of NTPC Power Quiz…
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Finolex Cables’ Q4 Revenue Grows by 15%, Annual Profits Up by 14%

Finolex Cables’ Q4 Revenue Grows by 15%, Annual Profits Up by 14%

Pune: Finolex Cables Ltd., (FCL) at the meeting of its Board of Directors held today, approved results for the fourth quarter as well as the full year of 2023-24. Revenues for the quarter ended March 2024 were Rs.1401.2 Cr as against Rs.1224.3 Cr for the corresponding period in year 2022-23, representing a 15% growth in value terms. In volume terms, Electrical Wires increased by 15% compared to Q4 of the previous year, while Cables improved by 50%. Within Communication Cables segment, most product lines increased in volume, by an average of 14%. Volumes in new products within the FMEG sector all showed…
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LAPP India to Showcase Latest Technologies at ELASIA 2024

LAPP India to Showcase Latest Technologies at ELASIA 2024

Bengaluru: LAPP India, a cable and connectivity solutions supplier for the transmission of data, signal and power, will be showcasing their products and solutions at ELASIA 2024, India's premier electrical and electronics exhibition. The event will be held from May 24th to 26th, 2024, at the BIEC - Bangalore International Exhibition Centre. LAPP India will be highlighting a diverse range of products, including their well-known brands ÖLFLEX® - Power & Control Cables, UNITRONIC®- Data & Communication Cables, ETHERLINE® - Industrial Ethernet Cables and a range of accessories like glands, conduits, and connectors. On showcase will also be the newly launched…
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Gensol Engineering Appoints Shilpa Urhekar As Chief Executive Officer (CEO), Solar EPC (India)

Mumbai: Gensol Engineering Limited (BSE: 542851, NSE: GENSOL) has announced the appointment of Ms. Shilpa Urhekar as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Mr. Ali Imran Naqvi who has been nominated for a role to oversee growth of Gensol Engineering Limited and its subsidiaries. Prior to joining Gensol, Ms. Urhekar served as the Country Head (India) at Sterling and Wilson Renewable Energy Ltd. (SWREL), where her tenure saw the successful bidding and execution of 6 Gigawatt (GW) of renewable energy projects. She managed the multi-gigawatt Solar EPC projects across India. Under her…
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Mindbowser Inc. Announces Achievement Of Carbon Neutrality For Its US and India Operations

Mindbowser Inc. Announces Achievement Of Carbon Neutrality For Its US and India Operations

Pune: Mindbowser Inc. today announced that it has achieved carbon neutrality for its operations in the US and in India for the financial year 2023-24. As per Mindbowser, it has achieved Carbon neutral status through the purchase and retiral of carbon credits from TerraBlu Climate Tech for the assessment period. “We are proud to achieve full carbon neutral status for Mindbowser, reinforcing the company’s position as a trusted partner both in technology and sustainability. Our approach to offsetting carbon emissions reflects our commitment to sustainability and the broader global effort to combat climate change,” said Ayush Jain, CEO of Mindbowser Inc.  Climate change…
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Motilal Oswal Financial Services Aquires Malad West Metro Station Branding Rights today

Motilal Oswal Financial Services Aquires Malad West Metro Station Branding Rights today

Mumbai: Motilal Oswal Financial Services, a leading diversified financial services company, has partnered with MMRDA to brand the local metro station close to its office hub in Mumbai. This strategic alliance will boost Motilal Oswal's visibility around the metro station.  What makes this initiative special is, rather than the usual passive branding, the Marketing Team at Motilal Oswal embraced the metro stations as a dynamic activation platform, strengthening its positioning as a progressive brand committed to the community's financial well-being.  Strategically located Wealth Creation Booths at the station are manned by knowledgeable personnel to engage travellers and equip them with…
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Lords Mark Industries Ltd Files Patent for its bio-chemistry reagents

Lords Mark Industries Ltd Files Patent for its bio-chemistry reagents

LordsMed, the healthcare division of Lord’s Mark Industries Ltd, has launched a set of 10 world-class re-agents for Triglycerides, Uric Acid, Alkaline Phosphatase, Bilirubin, Calcium (Arsenazo III), Creatinine, Glucose, Serum Glutamic Oxaloacetic Transaminase (SGOT)/Aspartate Aminotransferas, Serum Glutamic Pyruvic Transaminase (SGPT), Alanine Aminotransferase (ALT) and Total Protein. As per the company sources, these re-agents come with 99.7 percent accuracy, the highest level of sensitivity, a shelf-life of 24 months, unique packaging and competitive price-points. The company has filed India patents for these re-agents which will strengthen the preventive healthcare mechanism for critical diseases.  LordsMed will manufacture these re-agents at its manufacturing facility…
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Škoda Auto India Announces Season 2 of Single Wicket Tournament

Škoda Auto India Announces Season 2 of Single Wicket Tournament

ŠKODA AUTO India has announced Season 2 of the ŠKODA Single Wicket (SSW) tournament, with an objective to cover 59 cities and 32,000+ young cricketers across India. ŠKODA Single Wicket Season 2 will start on April 28. Petr Šolc, Brand Director, ŠKODA AUTO India, said, “For ŠKODA AUTO India, customer centricity and a human touch approach towards our customers have been at the centre of everything we do. Sport, apart from competition and skill, is also about celebrating the human spirit. The ŠKODA Single Wicket initiative offers a platform for young players to showcase their talent. Furthermore, it will also…
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