NVVN Pays Dividend to NTPC

04th Aug, 2017

NTPC’s wholly owned subsidiary NTPC Vidyut Vyapar Nigam (NVVN) paid Final Dividend of Rs.30 Crore equivalent to 150 percent of equity of NTPC for the financial year 2016-17. The dividend cheque was given by Shri A. K. Garg, CEO, NVVN to Shri Gurdeep Singh, CMD, NTPC in the presence of senior officials of both the companies. NVVN has paid cumulative dividend of Rs.137.63 Crore to NTPC since inception.


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Hon’ble Union Minister of State, Ministry of Law & Justice and Electronics & IT, Shri P.P. Chaudhary, inaugurated a 200 KW solar rooftop PV power plant at Electronics Niketan Building in New Delhi, installed and commissioned by Jakson Group, a leading energy and engineering solutions company. 

Read more: Hon'ble Union Minister of State, Ministry of Law...

NTPC’s JV Company - Meja Urja Nigam Pvt. Limited signs loan Agreement with PFC

29th Jul, 2017

Meja Urja Nigam Pvt Limited , a 50:50 joint venture of NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. , signed a Loan Agreement for Rs 6608 crore to finance capital expenditure of power project consisting of 2 units of 660 MW being set up at Meja near Allahabad, UP.

The Agreement was signed in the presence of Shri Gurdeep Singh, CMD NTPC, Shri K. Biswal , Chairman, MUPNL and Director (Finance), NTPC and Shri Rajeev Sharma, CMD, PFC and other senior officials of NTPC, MUNL and PFC.


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  • Dr.Dr. Madhu Chitkara, Pro-Chancellor at Chitkara University receives HP Environment Leadership Award 2017 from Shri Virbhadra Singh, Honorable Chief Minister of Himachal Pradesh.
Chitkara University today announced that its Pro-Chancellor Dr. Madhu Chitkara is awarded the prestigious Himachal Pradesh Environment Leadership Award 2017 for excelling in the promotion of environmental conservation and sustainable development through inspiring and exemplary initiatives, vision, and transformative action. The Chitkara University was awarded for its effort of recycling waste paper into sheets, folders, envelopes and carry bags and water by dual plumbing.
 
The government has introduced ‘Himachal Pradesh Environment Leadership Awards’ to be conferred annually to recognize the outstanding contribution by institutions or individuals in the promotion of environmental protection and conservation and sustainable development through inspiring and exemplary initiatives, vision, transformative action on their own. The individuals, NGOs, institutions from various categories are shortlisted for the award through a competitive process. The event was organized by the State Department of Environment, Science & Technology.
 
Chief Minister Shri Virbhadra Singh while presiding over Himachal Pradesh Environment Leadership Award-2017 said, “There is much to do when it comes to rebuilding and protecting what’s left of natural resources and the biodiversity of our ecosystems. Environmental conservation is an umbrella term that defines anything we do to protect our planet and conserve its natural resources so that every living thing can have an improved quality of life. We all should become soldiers for prevention of environment and voluntarily come forward to protect it as it was a part of our body.”
 
Dr. Madhu Chitkara, Pro-Chancellor at Chitkara University, said, “Chitkara University is committed to environmental conservation since inception, and our eco-friendly campus among green hills of Himachal Pradesh speaks for itself. We are happy that the state government recognizes our initiative of setting up the recycling waste paper unit in Himachal Pradesh campus. Chitkara University uses the recycled paper for folders, envelopes, and carry bags. It is a proud moment for us to receive the Environment Leadership Award from the Honorable Chief Minister Shri Virbhadra Singh.”
 
Chitkara University HP campus has a tag of eco-friendly campus. Other than the paper recycling initiative, Chitkara University has many other initiatives for environment conservation. Sewage treatment plant installed in campus is fully functional, and the recycled water is used for watering lawns, cleaning campus, vegetable gardening so on. Noise free generators, Natural rain water drain facility, Parking, Flora & Fauna, Socio Economic, Solid Waste Treatment, Nursery, Solar System initiatives contribute to eco-friendly campus.

About Chitkara University:
 
In the year 2002, Chitkara Educational Trust established its Punjab campus 30 kilometers from Chandigarh, on the Chandigarh–Patiala National Highway. In the year 2010 Chitkara University was established by the Punjab State Legislature under “The Chitkara University Act”.
 
Chitkara University, the best university in Punjab is a government-recognized university with the right to confer degrees as per the Sections 2(f) and 22(1) of the UGC Act, 1956.
 
Chitkara University has been founded by Dr. Ashok Chitkara and Dr. Madhu Chitkara who have been passionate teachers for more than 40 years now.
 
Chitkara Education brings with it a reputation that has been earned through years of serving the career – needs of the student community. It is a reputation for excellence and innovation among coveted employers for preparing graduates who have the knowledge and skills they need for success in their workplace.   
 
Our graduates go on to great careers, we’re hands -on and responsive in our teaching. Students from around the county are attracted to Chitkara University because of our commitment to teaching excellence, because we conduct research that makes a difference, because of our industry partnerships and because of our tailored courses. This difference has been acknowledged by students, parent, alumni, government, and industry since the inception of the university.
 
Within a decade, most of our academic programs are ranked among the top 50 programs in the country which speaks volumes about our string academic heritage, highly committed faculty, extensive industry collaborations, great international connections, and state of the art campus facilities.

For more information, please visit http://www.chitkara.edu.in/

Read more: Dr. Madhu Chitkara, Pro-chancellor at Chitkara...

Tigo®, pioneer of the smart modular Flex MLPE platform, announced that its portfolio of Rapid Shutdown System (RSS) partners integrated with Tigo's TS4 platform has grown to 14 international module manufacturers and are now listed with Underwriters Laboratories (UL) and Nationally Recognized Testing Laboratory (NRTL).

 

Tigo's certified listing covers tier 1 partners - including ET Solar, Hansol Technics, Itek Energy, JA Solar, Lerri Solar, Neo Solar Power, PureSolar, Seraphim Solar, Silfab Solar, Solartec, Sunpreme, Suntech, Talesun, and Trina Solar. Tigo's TS4-L (Long Strings), TS4-O (Optimization), and TS4-S (Safety) with UHD-Core technology bring the integrated solution to PV modules to control the voltage within the solar array and de-energize the solar array in the event of an emergency. Tigo is the only MLPE vendor in the market that provides PV installers, EPC's, and system owners certified compliance with NEC 2014 & 2017 690.12.

 

"Tigo's robust partnership portfolio of Smart module manufacturers provides installers a wide choice of products that are UL- and NRTL-approved Rapid Shutdown solutions," says Danny Eizips, VP of Hardware Engineering at Tigo. "We will focus on expanding these module-brands to enhance the safety and improve the cost-effectiveness of integrated smart modules."

 

Tigo is now shipping its integrated Rapid Shutdown offering worldwide as a module solution. For price and delivery call +1.408.402.0802 ext. 1, email This email address is being protected from spambots. You need JavaScript enabled to view it., or visit www.tigoenergy.com.

 

About Tigo

 

Tigo is a Silicon Valley company founded in 2007 by a team of experienced technologists. Combining a unique systems-level approach with expertise in semi-conductors, power electronics, and solar energy, the Tigo team developed the first-generation Smart Module Optimizer technology for the solar industry. Tigo's vision is to leverage integrated and retrofitted Flex MLPE and communications technology to drive the cost of solar electricity down. By partnering with tier 1 module and inverter manufacturers in the industry, Tigo is able to focus on its key innovation with the smartest TS4 modular platform and leverage the broader ecosystem. Tigo has operations in the USA, across Europe, Latin America, Japan, China, Australia and the Middle East. Visit www.tigoenergy.com.

 

 

 

 
Read more: Tigo Internationally Recognized As Only MLPE...

NTPC -Q1 FY 2017-18 PAT up by 12%

29th Jul, 2017

The Country’s largest power generator - NTPC Ltd. having installed capacity of 51671 MW declared the unaudited financial results for the first quarter of financial year 2017-18.

For the Q1 of FY 2017-18, the total income is Rs.20,541.93 crore as against Rs.19,220.80 crore reported in the corresponding quarter of the previous financial year, recording an increase of ~ 7%. The Profit before tax for the quarter is Rs.3,465.38 crore as against Rs. 3,036.82 crore in the corresponding quarter of previous financial year, an increase of 14%.

The profit after tax for the quarter is Rs.2,618.17 crore as against Rs.2,338.61 crore of Q1 of FY 2016-17, registering an increase of ~ 12%.

During Q1 of FY 2017-18, NTPC Ltd. group generated 71.606 Billion Units against 71.501 Billion Units generated in the corresponding period of the previous year. On standalone basis, NTPC Ltd. generated 64.411 Billion Units. For the Q1 FY 2017-18, NTPC Coal stations achieved PLF of 79.05% as against National PLF of 62.49%. Further, during the quarter, Hydro station clocked PAF of over 103%, while Coal stations and Gas stations has availability factor of 88.96% and 88.19% respectively.


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  • AzureAzure Power | New York Stock Exchange
  • The rating affirms Azure Power’s ‘Highest Performance Capability’ and ‘Highest Financial Strength’ to undertake solar projects
  • ICRA was mandated by Ministry of New and Renewable Energy (MNRE) to carry out accreditation for System Integrators 
Azure Power (NYSE: AZRE), a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. The rating indicates ‘Highest Performance Capability’ & ‘Highest Financial Strength’ of Azure Power to undertake solar projects.

While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. The rating is valid for a period of two years up to July 16, 2019.

Speaking on the occasion Mr Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “We are pleased to be assigned the SP 1A rating by ICRA. The rating reflects our strong project development, engineering, and execution capabilities and is a testament to our efficiency and reliability as a trusted solar power producer.”

About Azure Power

Azure Power (NYSE: AZRE) is a leading solar power producer in India with a portfolio of over 1,000 MWs across 18 states. With over 100 MWs of high quality, operating and committed solar assets, the company has one of the largest rooftop portfolios in the country. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale to rooftop, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

For more information, visit www.azurepower.com

Read more: Azure Power Assigned Highest Accreditation...

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