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  • DuringDuring the inauguration of Fair by The Textile Commissioner Dr. Kavita Gupta IAS, seen left to right, Mr. Naresh Kumar –Director: Regional Office of the Textile Commissioner, Navi Mumbai, Mr. Dhiraj Kothari –President: Mumbai Textiles Merchants’ Mahajan, Mr. Vinod Chothani, Dr. Kavita Gupta IAS, Mr. Purshottam Vanga- Chairman: PDEXCIL and Mr. Rahul Mehta – President: CMAI.
  • Buyer Seller Meet (B2B) and Exhibition of Powerloom Products and Textiles at Dadar (E) shall remain open till 28th November 2017
  • There are no awareness of Government promotional schemes in Powerloom Industry: Only Gujarat & Tamil Nadu units are taking maximum advantage of these schemes
  • Apparel Export Target for the current year does not seem achievable due to the reduction in overall incentives
Union Textile Ministry has recently announced Solar Energy Scheme for small powerloom units, on Grid Solar Photo Voltaic Plant (without battery backup) and Off Grid Solar Photo Voltaic Plant (with battery backup), where the Government will provide Rs. 2.50 lakh subsidy per unit. This will help the unit to pay back bank loans within 3-4 years, after which the unit shall get practically free electricity, stated Textile Commissioner Dr. Kavita Gupta, IAS.
She was speaking while inaugurating Buyer-Seller Meet (B2B) and Textile Exhibition organized by The Regional Office of the Textile Commissioner, Navi Mumbai on 26th November 2017. The Fair shall remain open till 28th November 2017 at Kohinoor Mangal Karyalaya, Opp. Swami Narayan Temple, Dadar (E), Mumbai.
Dr. Kavita Gupta further stated that Union Textile Ministry and State Government has announced several promotional schemes for powerloom textile industry but there is hardly any awareness to the schemes in the industry. The maximum benefit of these schemes has been taken by the entrepreneurs of Gujarat & Tamil Nadu.
There are 25 lakh powerlooms in the country out of which 50% are in Maharashtra. There are 108 powerloom clusters in the country. There are 72 Textile parks.
Mr. Rahul Mehta, President – The Clothing Manufacturers Association of India (CMAI), who was the Guest of Honour, stated that apparel export for the year 2016-17 was 16.8 billion dollars and the target for 2017-18 was 20 billion dollars. However, the export target for 2017-18 will not be attainable and likely to remain at the last year’s level. Recently, the government has raised the incentive rate from 2% to 4% for garments and made ups under Merchandise Exports From India Scheme (MEIS). In addition, the Government has also increased ROSL rates from 0.9% to 1.6%. However, duty drawback rates have ended on 30th September 2017 and new rates have not been announced. Supposing if duty drawback rates announced are around 2 to 3%, the total incentive will be around 8%, which was 11.50 to 12% earlier.
Mr. Purushottam Vanga, Chairman –Powerloom Development & Export Promotion Council (PDEXCIL) informed that CMAI & PDEXCIL have recently entered into MOU for mutual benefits. Under this MOU, they will jointly organize Buyer Seller Meet in Mumbai in January 2018.
Mr. Dhiraj Kothari, President –Mumbai Textiles Merchants Mahajan has stated that the government should create a web portal and include the data of Buyer Seller Meet.
Mr. Vinod Chothani –Convener of Buyer Seller Meet stated that textile businessmen should offer standard quality, timely delivery and reasonable rates to increase their business.
Mr. Naresh Kumar, Director –The Regional Office of The Textile Commissioner, Navi Mumbai gave the welcome address in the beginning of the event and Mr. Sivakumar S., Deputy Director proposed Vote of Thanks.
Website – www.txcindia.gov.in
Read more: Buyer Seller Meet and Exhibition of Powerloom...

Q2 & H1 of Financial Year 2017-18

13th Nov, 2017

The Country’s largest power generator - NTPC Ltd. having installed capacity of 51708 MW declared the financial results for the second quarter and half-year of financial year 2017-18.

For H1 FY2017-18, NTPC Ltd. generated 129.457 Billion Units against 125.148 Billion Units generated in the corresponding period of the previous year, an increase of 3.44%, represented by 4.309 Billion Units. For the H1 FY2017-18, NTPC Coal stations achieved PLF of 77.81% as against National PLF of 59.97%.

On half-year basis, the Total Income of Rs. 40,502.28 crore for H1 FY 2017-18 showed an increase of 4.36% against the Total Income of Rs. 38,809.36 crore reported for the previous corresponding period. For H1 FY 2017-18, Profit before Tax is Rs. 6,688.15 crore as compared to Rs. 6,297.41 crore declared in the corresponding period of previous year registering an increase of over 6%. The Profit after Tax for H1 FY 2017-18 is Rs. 5,056.77 crore compared to Rs. 4,836.60 crore declared in the corresponding period of previous year registering an increase of over 4%.

The Total Income for the Q2 FY 2017-18 is Rs. 19,960.35 crore as against the Total Income of Rs. 19,588.56 crore in the Q2 FY 2016-17, registering an increase of 1.90%. For Q2 FY 2017-18, Profit before Tax is Rs. 3,222.77 crore and the Profit after Tax is Rs. 2,438.60 crore.

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Read more: Q2 & H1 of Financial Year 2017-18

Power Integrations (Nasdaq: POWI), the leader in IGBT and MOSFET driver technology for medium- and high-voltage inverter applications, introduced the newest member of its SCALE-iDriver™ IC family, SID1102K, asingle-channel, isolated, IGBT and MOSFET gate driver in a wide-body eSOP package. Featuring a peak drive current of up to 5 A, the new part is able to drive 300 A switches without boosters; external boosters can be used to cost-effectively scale gate current up to 60 A peak. This device provides N-channel drive for both the low and high side booster MOSFET switches which reduces system cost, minimizes switching losses and increases power capability.


This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171128005537/en/


New Gate Drivers from Power Integrations Deliver Up to 5 A, Reducing System Complexity and Cost (Pho ...

New Gate Drivers from Power Integrations Deliver Up to 5 A, Reducing System Complexity and Cost (Photo: Business Wire)

Reinforced galvanic isolation is provided by Power Integrations’ innovative, solid insulator FluxLink™ technology which eliminates the need for optocouplers, improving reliability and ruggedness. SCALE-iDriver technology simplifies design and manufacturing by reducing BOM count; complete drivers can be built using a SID1102KICand just eight external components. Devices deliver system-level protection features including under-voltage lock-out, rail-to-rail stabilized output voltage - from a single supply rail, high common-mode transient immunity and 9.4 mm creepage and clearance.


Comments Michael Hornkamp, senior director of marketing for gate-driver products at Power Integrations: “The new SID1102K gate-driver IC reduces time-to-market for designers by providing an easy-to-implement, scalable solution which includes critical safety and protection features in a single, compact, robust package.”


Key applications include UPS, standard AC drives and VFDs, photovoltaic/ solar systems, commercial air conditioners, DC chargers and welding equipment. Devices are available now priced at $1.52 in 10,000 piece quantities. Technical support for SID1102K ICs is available from the Power Integrations website at: www.power.com/products/SID1102K.


About Power Integrations


Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information please visit www.power.com.


Power Integrations, FluxLink, SCALE, SCALE-iDriver and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owner.


Read more: New Gate Drivers From Power Integrations Deliver...

Envion AG has created a technology for the first truly mobile data-center that uses low-priced local energy to mine a broad spectrum of cryptocurrencies (Bitcoin, Ethereum, etc.). By harvesting locally available clean energy right at the source, envion can operate at lower costs than competitors and at the same time reduces the CO2 footprint of the blockchain industry. Envion aims at decentralizing the highly-concentrated mining market (China holds 80% in Bitcoin mining) and at bringing control of the market back to the users. That’s why envion gives 100% of its mining profits back to its community.


This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171117005011/en/


Envion - World's Most Profitable Standard of Self-Expanding Crypto Infrastructure (Photo: Business W ...

Envion - World's Most Profitable Standard of Self-Expanding Crypto Infrastructure (Photo: Business Wire)

Current challenges in the energy and blockchain industries


The blockchain industry is suffering from an ever-increasing energy demand. This can mainly be explained by the fact that transactions take up high amounts of mostly fossil energy. At the same time, envion sees an ever-increasing production of clean regenerative energy, which frequently gets lost due to maxed out energy grids. This results in locally available excess energy, as solar power plants produce overcapacities. These overcapacities can now efficiently be used by envion’s innovative mobile mining units.


Envion’s solutions


Envion has developed fully automated (“industry 4.0”), mobile mining units (MMU) inside standardized intermodal shipping containers that can be shipped to virtually any location in the world within days or weeks, decentralizing the blockchain infrastructure. Envion mobile mining units are designed and built to operate at remote locations near energy sources such as solar plants, wind turbines or hydropower plants. This allows envion to make use of energy overcapacities in a profitable setting. The mobility of the MMU furthermore allows for targeted placement of the units at sites requiring thermal energy and can be used for heating. This way, envion recycles energy consumed in the MMU for external heating purposes in buildings or greenhouses and achieves revolutionarily low electricity prices.


Envion’s MMUs can be integrated into a smart grid and flexibly move energy demand closer to energy supply and hence, take the burden off the grid.


Investment opportunities


Envion’s ambitious goal is to have the lowest cost structure in the blockchain mining industry. By combining GPU-based mining with ASIC mining, investors in EVN tokens receive a 161% ROI after administrative deductions, according to envion’s whitepaper. Its unique position as the only truly mobile mining operation combined with a tested, optimized and streamlined technology puts them among the top players, even in this highly competitive market - but with considerably lower risks involved. The key aspect here is that, following a community-approach, 100% of mining profits will directly go to the EVN token holder community. 75% of this will be distributed to token holders on a weekly basis, the remaining 25% will be re-invested in MMUs to keep on growing the profits for the community. The pioneering company does not stop here, however, they construct and operate mobile mining units for third party operations as well. This means that third party investors acquire envion hardware, while 35% of these profits go directly to EVN token holders.


Altogether this looks like the best way to invest into the high dividend blockchain industry and at the same time minimize risks as envion is not dependent on a single market player.


The investment period (ICO) starts Dec. 1st, 2017. Visit www.envion.org for more information.




Read more: Envion AG: Start-up from the Heart of Berlin Has...

NTPC Family Members Extend all Possible Assistance for Unchahar

08th Nov, 2017

Airlifting of the injured for the best available medical treatment, donating blood to patients and helping the victims with the physical presence of employees, NTPC family is extending all possible support to those affected by the accident that took place in NTPC- Unchahar on November 1, 2017.

NTPC has extensively used 13 trips of air ambulances and 2 trips of Indian Air Force planes to take the injured to Delhi at the best of the treatment available in the country . For speedy road transportation of the victims, green corridors were created 24 times for evacuation of patients from the crowded areas of Lucknow city.

In this hour of crisis state Government and district administration and their staff fully supported NTPC in rehabilitating the accident victims in the shortest possible time, be it in transporting the patients, creating green corridors and also in airlifting the patients to Delhi.

Over 200 NTPC family members from Lucknow, Unchahar and Delhi have voluntarily made themselves available round the clock for deployment at hospitals, control rooms and looking after patients & families of those affected. These control rooms are working round the clock. All hospitals are also provided with 24 hr help desks in order to exclusively cater to helping the patients.

Thirty six NTPC employees have donated blood as required at [Apollo 24, AIIMS 5 , RML 3 and SGPGI 4] various hospitals in Delhi and Lucknow.

NTPC is taking help of specialist doctors and para medical staff to help in speedy recovery of those in hospitals. NTPC doctors are also associating in the efforts for all-round coordination.

Family members of those under treatment have been accommodated in NTPC guest houses and vehicles for transport have been provided to them.

At NTPC Human Capital is precious in terms of both sensitivity and productivity and gets priority above and over anything in the organization.

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Read more: NTPC Family Members Extend all Possible...

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