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  • SnapdealSnapdeal sets up a curated Earth Hour Store
As a step to encourage and promote energy conservation among its shoppers, Snapdeal has set-up an Earth Hour Store that curates a selection of well thought out, everyday items that can be used more efficiently and frequently to make energy conservation a daily habit.
The store has special offers on solar appliances and energy-efficient products like solar water heaters, solar panels, solar inverters, solar lights, and five-star air conditioners. The store also features manual equipment that can help in conservation of electrical energy and a host of thoughtful items that help save water.
Here are some highlights from the products at great prices:
  • Go energy efficient with the solar products section that comprises an array of products like solar water heaters, solar fans, solar panels, and solar lights that save natural resources
  • Energy saving home appliances on Snapdeal include 5-star refrigerators starting at Rs. 24,699, 5-star air conditioners starting from Rs. 18,699, and 5-star geysers at up to 40% discount. These discounts are aimed at helping buyers switch to energy saving appliances that reduce greenhouse gas emissions and other pollutants caused by the inefficient use of energy.
  • Stay healthy by choosing from the widest range of bicycles for kids and adults available in varied designs, styles and prices
  • Conserve water with the automatic water level controllers and alarms starting from Rs. 389
  • Shop refurbished smartphones from Apple and Lenovo at prices starting as low as Rs 7000. Since the average age of ownership of phones is less than a year, it is easy to find good quality refurbished phone. Buying refurbished phone saves electronic wastes from ending into a landfill prematurely.
ICICI, SBI, HDFC, and Standard Chartered users get an additional discount of 10%.
For further information, visit: https://www.snapdeal.com/offers/energy-conservation-day
Read more: Snapdeal’s Earth Hour Store set to Encourage...

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, broke ground on the 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park. This is the biggest Concentrated Solar Power (CSP) investment project in the world, based on the Independent Power Producer (IPP) model, and will generate 700MW on a single site. It will have the world’s tallest solar tower at 260 metres, and the largest thermal energy storage capacity in the world. It will provide clean energy to 270,000 residences, reducing 1.4 million tonnes of carbon emissions annually. The project will use two technologies: a 600MW parabolic basin complex and a 100MW solar tower, over 43 square kilometres. This project, with AED14.2 billion in investments, achieved the lowest Levelised Cost of Electricity (LCOE) of USD 7.3 cents per kW/h.


This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180320006214/en/

Dubai breaks ground on world’s biggest CSP project (Photo: AETOSWire)

Dubai breaks ground on world’s biggest CSP project (Photo: AETOSWire)

HH Sheikh Mohammed bin Rashid Al Maktoum said that developing the UAE’s infrastructure is top priority for the leadership and vital to raising the country’s global competitiveness.


HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) said that the project supports the directives of HH Sheikh Mohammed bin Rashid Al Maktoum to expedite the pace of clean and renewable energy projects to secure a happy future and enhance the quality of life for future generations in an economy that doesn’t rely on oil. This will also achieve the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai's total power output from clean sources.


Mohammad Abu Nayyan, Chairman of ACWA Power, said, "We are proud of our role in obtaining the lowest price globally for the second phase of the solar park. Today we are driving price reduction for CSP projects globally, achieving more than just one unprecedented world record, by constructing the world's tallest solar tower and providing the highest storage capacity.”


Cao Min, President of Shanghai Electric, said, “On behalf of Shanghai Electric, I would like to express warm congratulations on the groundbreaking of this project, which is by far the largest and most advanced CSP project co-developed by DEWA and ACWA Power and implemented by Shanghai Electric as EPC contractor.”


*Source: AETOSWire




Read more: Dubai Breaks Ground on World’s Biggest CSP Project

NTPC IIMA Join Hands for World Class Institute in Energy Management

06th Mar, 2018

India's power sector leader NTPC and top business school IIM-Ahmedabad today announced a joint initiative to create a world class research institute at NTPC School of Business for policy prescription and churn out management graduates with focus on energy sector.

We are proud to have entered an agreement, under which India's marquee business school -- Indian Institute of Management, Ahmedabad - will hand hold NTPC School of Business to replicate its management degree courses beginning this year with special focus on energy verticals not only for NTPC but for the entire power sector," Shri Saptarshi Roy, Human Resource Director of Maharatna PSU, said on the occasion of the alliance.

This is the first time we are tying up with a leading academic institution for degree and other specialised courses on the lines of IIM-A. We were blessed with handholding from IIM-A for five years and we are proud of it. We will be doing the same with NTPC School of Business (NSB) and hand hold it for five years, create a top class faculty like our own and offer a host of specialised electives for various aspects related to energy and power sectors," IIM-A's HRM Area Chair and Strategic Management Professor Shri Sunil Kumar Maheshwari said.

We have the entire infrastructure at our NSB’s NOIDA campus ready to start the courses from the academic year including residential facility for the students. We intend to enrol 120 students in the first year”, said Shri A.K. Bhatnagar, Executive Director, Head of Power Management Institute & NSB, NOIDA.

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NTPC Ltd. pays Interim Dividend of Rs. 2,251.01 crore for FY 2017-18

19th Feb, 2018

For the financial year 2017-18, NTPC Ltd. has paid an interim dividend of Rs. 2,251.01 crore, being 27.30% of the paid-up equity share capital of the Company.

The RTGS advice for the transfer of Rs. 1,401.81 crore to Government of India, being the share of Government of India in the interim dividend, was presented by Shri Gurdeep Singh, CMD, NTPC, to Shri R.K.Singh, Hon’ble Minister of State (Independent Charge) for Power and New & Renewable Energy in the presence of Shri Saptarshi Roy, Director (Human Resources & Finance), Shri A. K. Gupta, Director (Commercial), Shri. S.K.Roy, Director (Projects), Shri Prakash Tiwari, Director (Operations) and Shri Prasant Kumar Mohapatra, Director (Technical) from NTPC Ltd.

This is the 25th consecutive year that NTPC Ltd. has paid dividend.

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Read more: NTPC Ltd. pays Interim Dividend of Rs. 2,251.01...

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  • ReceivingReceiving Golden Peacock Special Commendation Award 2017 for 'Seed of Hope' TechnipFMC India CSR program
'Technip India Limited' has been declared as the Winner of Special Commendation for Golden Peacock Award for Corporate Social Responsibility’ for the year 2017, by the Awards Jury under the Chairmanship of Justice (Dr.) Arijit Pasayat, former Judge, Supreme Court of India.
‘Seed of Hope’ program launched in 2015 is a unique model engaging employees in sustainable development initiatives undertaken by TechnipFMC in India. The model allows employees to propose CSR projects and after necessary due diligence, the project gets implemented by the Company. In this way, employees feel empowered and responsible to do their bit towards society. 
TechnipFMC in India has implemented noteworthy projects in partnership with various NGOs to promote:
  • Education and Skill Development
  • Healthcare facility for underprivileged
  • Clean energy
  • Sanitation facility to promote Swachh Bharat
  • Disaster Response program
On receiving the certificate presented by Institute Of Directors (IOD) during its 12th International Conference on CSR held in Bangalore, Swayantani Ghosh, Technip India Communications & CSR Head stated, “We are honored to receive the award for our commendable efforts to sponsor education for orphaned students, install solar panels, launch mobile healthcare units, build toilets in rural and remote areas, drive plantation programs and enhance employability through skill development centers. We are committed to bringing about economical, social and environmental sustainable development of society through our diversified CSR program, ‘Seed of Hope’.”
Golden Peacock Awards, instituted by the Institute Of Directors (IOD), India in 1991, are now regarded as a benchmark of corporate excellence worldwide. 

About IOD
The Institute Of Directors is a Society (National Level), registered under the Societies Registration Act XXI of 1860.  One of the prime initiatives of IOD has been the institution of Golden Peacock Awards for corporate leadership and institutional excellence which, over time, have become a hallmark of excellence, both locally and globally. Based on internationally recognized criteria, the credibility of these awards lies in the transparency depth and impartiality of the assessment process.
About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.
Each of our more than 40,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved. To learn more about us and how we are enhancing the performance of the world’s energy industry, go to TechnipFMC.com and follow us on Twitter @TechnipFMC

Read more: TechnipFMC India Corporate Social Responsibility...

NTPC achieves highest ever gross power generation on Feb 28

28th Feb, 2018

India’s largest power generation company, NTPC registered highest ever gross electricity generation in a single day on February 28, showing preparedness that it is fully geared to meet the spurt in demand as the economy gathers steam and the approaching summer season.

NTPC Group along with its joint venture projects recorded highest ever gross generation of 907.50 million units (MU) on the last day of February from its Coal, Gas, Hydro Solar and Wind power stations. On a standalone basis, the Maharatna company’s power stations generated 819.36 MU on February 28, which is also the highest on a single day till date. NTPC’s plant load factor (PLF) stood at 79.38% in February.

NTPC Group generation has registered a growth of 6.55 % till date and over 11% in the current quarter as compared to the same period last year.

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NTPC Raised US$ 400 million from international markets

12th Mar, 2018

NTPC Limited (NTPC), the largest power generating company in India, priced a US$ 400 million Medium Term Note offering in the international markets on 12th March 2018. This is the ninth offering under the company’s US$ 6 billion Medium Term Note MTN programme since it was set up in 2006, taking the cumulative amount raised under the programme to US $ 3.85 billion.

Having updated the MTN programme in December 2016, NTPC was well positioned to take advantage of a supportive primary credit market and launched a benchmark size, senior, unsecured, fixed rate 10 year bond transaction with an initial price guidance of US Treasuries (UST) plus 180 bps area on 12th March (Asia open). The offering was met with strong demand and the transaction was oversubscribed within 4 hours of bookbuilding. At Asia close, the guidance was subsequently revised to T+170 bps. The final orderbook was over US$ 750 million, an oversubscription of nearly 1.5 times, with orders from more than 60 accounts. The bonds were finally priced at UST+170 bps with the coupon fixed at 4.50% p.a.

In terms of geographical distribution, Asia took the bulk of the transaction at 79%, with supplemental demand from Europe, Middle East & Africa (EMEA) and offshore US accounts at 18% and 3% respectively. Distribution by investor type was well diversified as Funds Managers took 46% of the transaction, followed by Insurance 36%, Public Sector 12%, and Banks 6%.

With a robust portfolio of projects under execution, the Company intends to use the proceeds of the issue to finance its ongoing and new power projects, coal mining projects & renovation and modernization of power stations.

Axis Bank, Barclays Bank, MUFG and Standard Chartered Bank were the bookrunners on the offering

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NTPC Awarded for Financial Excellence

28th Feb, 2018

NTPC , the largest Power Utility of the Country has been awarded for Overall Best Financial Performance by Governance Now at the 5th PSU Awards ceremony held in Delhi. Shri K.P. Gupta, ED , Finance, Law & Company Secretary and Shri Aditya Dar, General Manager ( Finance), NTPC received the award

Award was presented by Shri Mansukh Lal Mandaviya, Hon'ble Union Minister of State for Shipping , Road Transport, Highways, Chemical & Fertilizers and Smt. Krishna Raj, Hon'ble Union Minister of State for Agriculture and Farmers Welfare in the presence of Shri Raju Srivastav, well known Stage Artist

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Read more: NTPC Awarded for Financial Excellence

India is currently witnessing a rapid and steady growth in its economy and there’s a boom in the engineering, procurement & construction (EPC) sector. Leveraging this conducive market, BTL EPC Ltd. (a division of the Rs. 1000 crore conglomerate Shrachi Group), a young and vibrant organization providing EPC solutions across Government organizations and PSUs across India, has taken an aggressive growth strategy in helping its clients substantially maximize their productivity and savings.
Presently, the company has an order book position of more than Rs 700 crore. Mr. Ravi Todi, Managing Director, Shrachi Group, said, “We expect to grow at a CAGR of 15 per cent to 20 per cent at least for the next few years.”
BTL EPC Ltd. at present has verticals like Bulk Material Handling project division, Coal Chemical division, Transmission Division, Solar Division, Water Division & Equipment Division. “Among others, BTL EPC has now drawn up a clear roadmap to get more into product manufacturing in power and steel sector,” said Mr. Todi.
The Kolkata-headquartered company is already in talks with a number of foreign players for technology tie-ups and others for this purpose. The company has got into designing and manufacturing of a wide range of products used in thermal power plants, steel and oil & gas sectors. BTL EPC Ltd. is also involved in the manufacturing of various defense products.
That’s not all; the company is also looking at an inorganic growth by way of domestic acquisitions. “Like many other industries, in our industry also I can see a consolidation happening. We are keeping our eyes and ears open for that. Fifty years is a fairly long period. We had to go through lot of changes and transformation over all these years. We had to evolve. We had to bring in changes with regard to system, processes, customization, training of people, and method of doing business, which of course has its challenges. It is a very competitive world, where one needs to be present in clients’ mind space continuously, even if you are doing EPC or engineering jobs. There has to be an instant brand recall also. We are therefore going whole hog on social media, digital media in order to get noticed in corporate circles and stay and look young and vibrant,” said Todi.
Quite significantly, BTL EPC Ltd., which has so long been depending heavily on public sector jobs, is now increasingly tapping the private sector. “At present, as much as 95 per cent of our revenue comes from public sector or government jobs while only 5 per cent comes from private sector jobs. However, things are changing now and going forward, we expect that government: private break-up to be 75:25,” said Mr.Todi.
Some of the remarkable achievements done by BTL EPC Ltd. during this financial year are as follows

  • Commissioning of Primary Crushing Plant (PCP-3) at TATA STEEL, Ghato West Bokaro area
  • Installation of de-nitration plant at HWB Kalapakkam under BARC
  • New order received for Coal Handling Plant at NBPPL Unchahar
  • An order booking for Pet Coke Handling system by Pipe Conveyor at MRPL, Mangalore
  • Promoting a toxin free environment through an implementation of Sewage Treatment Plant in various towns in Chas & Hazaribagh Area on a/c of JUIDCO
  • Order bagged for a project of 3MW Solar Power Plant at MES Panagarh
  • BTL EPC Ltd. has successfully received approval from ASME for manufacture of R, U & U-2 Stamp vessels & associated equipments
Apart from the above achievements, BTL EPC Ltd. is actively involved in the energy sector where the organization is executing power transmission jobs such as, setting up of high voltage transmission lines for the Power Transmission Corporation of Uttarakhand Limited (PTCUL), Himachal Pradesh Power Transmission Corporation Ltd., Shimla and many such executions for other energy clients as well.

About BTL EPC Ltd.

Upon completion of 50 eventful years, BTL EPC Ltd. has emerged as a multidisciplinary group with verticals as diverse as EPC (including manufacturing of highly engineered products and process equipments) contracting across process industries, Farm equipments, bio-toilets and others.

The major growth has been achieved since 2006 with the company venturing into EPC. In these few years, the company has successfully won new businesses and added significant skills in design, engineering & execution of projects in bulk Material Handling, Coal Chemical Plant, Process Equipment, Metal & Mineral Beneficiation, Environment Management, Metal Preparation, Power Transmission, Water & Solar division and Steel Plant Utilities etc. The in-house design & engineering department is well equipped with the latest design & engineering software. Our intellectual property overlooking project management is also equipped with relevant software tools. The skill sets are calibrated periodically to remain updated with the development and changing market needs.

BTL EPC Ltd. is an ISO: 9001, ISO: 14001, OHSAS: 18001 certified company and registered with IBR and ABS. Apart from that BTL EPC Ltd. has successfully received approval from ASME for manufacture of R, U & U-2 Stamp vessels & associated equipments.

They have the distinction of working with almost all major national & international consultants such as MECON, CET, DASTUR, EIL, PDIL, CMPDI, TCE, JACOB, NTPC, L&T, FICHTNER, TOYO, DCPL, EPIL, TECHNIP, MOTT MACDONALD etc.

The uniqueness of BTL EPC Ltd. is in its in-house manufacturing facilities which have enabled it to become a cost leader in the EPC market. Over the last five decades, BTL EPC Ltd. acquired four manufacturing & fabrication facilities in West Bengal which includes well-equipped modern machine shops, heat treatment, precision grinding and fabrication facilities of all description including Sheet Metalwork.

Some of the major clients of BTL EPC Ltd. include SAIL, BHEL, CET, MECON, IOCL, TATA STEEL, BARC, L&T, NTPC, NMDC, NALCO, NBPPL, EIL, MRPL, CESC, OFB, MES, PTCUL, RINL VIZAG, Ministry of Defense, HPPTCL, NCC, BSPGCL, BPSCL, Tata Chemicals, TOYO, Renusagar Power, MCCPTA, HEC CIL & their subsidiaries.

Read more: Kolkata-based BTL EPC Ltd., an Arm of the...

The concept of creating urban conglomerations to decongest highly dense Indian metro cities has grown in a haphazard fashion, and has not followed futuristic planning into consideration. There is a need to ‘leapfrog’ in terms of Smart Cities development in India and to acutely focus on various critical issues like uninterrupted power supply, provision for clean water, robust civic infrastructure, sewage and waste treatment plant, rainwater harvesting and solar energy. Hence, there needs to be a paradigm shift from existing conservative methods to a modern, tech-driven approach of urban planning.
Mumbai’s trend-setting mixed-used integrated township, Hiranandani Gardens at Powai is an apt example of how the Smart City concept can be conceived and delivered and used to create better urban conglomerations. Viewed from an external perspective, it is a neo-classical architectural marvel nestled amidst the verdant Powai Hill, strategically located opposite the serene Powai Lake. Hiranandani Gardens, Powai is where more than 4000 families stay. Sprawled majestically over 250 acres, Hiranandani Gardens is Mumbai’s finest residential township that has redefined the standards of elegant living. Intelligently planned, crafted with precision and embellished with care, it fulfils the dreams of many, giving rise to a new perception of life and lifestyle. It is truly, an exemplary testimonial apt example of how ‘Smart Cities’ should develop.
What the architectural marvel amidst verdant greenery hides beneath its external veneer, is a story of intelligent planning. A testimony to the Hiranandani Township development process, it starts with concealed drainage pipelines and underground wiring and cabling, dedicated connectivity lines for gas and telecom, a fully functional rainwater harvesting facility in sync with a storm-water drainage system that can handle heavy rainfall, a sewage treatment and water treatment plant, biogas plant powered by the township’s waste, power station and facility for power back up, CCTV, intercom and Wi-Fi networks as also a fire escape chute. These ‘hidden’ civic amenities features have been a part of the Hiranandani Township development process, and have been in place since the foundation stone was laid back in the 1980s. “To put it very simply, the Hiranandani Integrated Townships are way ahead in terms of conceptualization, planning, and implementation of what today is better known as ‘adopting smart and safe solutions practices’. The Group has followed these norms right from the project’s inception, which has ensured that our projects have become a destination of preferred choice by aspiring home buyers,” says Dr. Niranjan Hiranandani.
Among the leading landmarks that re-defined Mumbai’s real estate, Hiranandani Gardens, Powai was followed by Hiranandani Estate, Thane; Hiranandani Fortune City, Panvel; Hiranandani Sands, Alibaug; a project in Khandala, Ahmedabad, Pune and Hiranandani Parks, Chennai. These are locations where Brand Hiranandani will create more such integrated townships, adds Dr. Niranjan Hiranandani.
"When we conceptualize, plan and create integrated townships, these are examples of leveraging futuristic technology, innovative design, and precision engineering; a pioneer in developing a world-class, mixed-use integrated township. Beginning with Hiranandani Gardens, Powai, all of these are examples of a Green, mixed-use integrated ‘Smart City’. While setting the ‘benchmark’ these have gone on to become landmarks," he adds. Following Hiranandani Gardens Powai, the focus on the creation of such eco-friendly and Green ‘Smart Cities’ helped Brand Hiranandani usher in an era highlighted by a higher standard of living and influenced by global trends, visible in the various Hiranandani township projects, Dr. Niranjan Hiranandani points out.
“When one speaks of changing the skyline of Mumbai, in terms of creating mixed-use townships, we were among the first to create ‘workspaces’ amidst ‘living spaces’, located amidst ‘verdant greenery',” explains Dr. Niranjan Hiranandani. "What is this ‘Smart City’ concept? For us, it is about interweaving living spaces with nature and the mixed-use townships, providing a verdant Green and serene ambience with 24 x 7 work-and-live environment, amidst world-class infrastructure. ‘Walk to work and walk back home’ is something that is a reality at our ‘Smart Cities’, beginning with Hiranandani Gardens Powai. It follows the adage that in order to create 'better communities', it is first essential to create 'greener communities', which is a reality at Hiranandani Gardens, Powai – something that will also be a reality at our future projects," explains Dr Niranjan Hiranandani, co-founder Hiranandani Group.
“I would like to look at the future. Prime Minister Narendra Modi wants to develop Smart Cities in India. For us, at Brand Hiranandani, from the legacy to the future, it will be about developing all aspects of the spectrum – global townships, or call them ‘Smart Cities’. Just like what we have done at Hiranandani Gardens Powai, Prime Minister Narendra Modi has spoken about Smart Cities where people can live and work comfortably. Brand Hiranandani will provide these options for home buyers, to live life in a truly ‘Smart City’ model of integrated township,” says Dr Niranjan Hiranandani. “With changing times, we will also incorporate new technologies to make it more ‘smart’ for the Millennial and affluent home buyers,” he concludes.

Read more: Hiranandani Townships Redefine Urban...

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