Mon, Oct

Today, Shri Trivendra Singh Rawat, Hon’ble Chief Minister of Uttarakhand, announced that MoUs worth Rs. 70,000 Crore have been signed across diverse sectors, in the run-up to the ‘Destination Uttarakhand: Investors Summit 2018’, scheduled for 7 and 8 October at Dehradun. The Chief Minister said that the state is geared up for the summit and all the necessary arrangements have been made to host national as well as international dignitaries and delegates.

The Uttarakhand's maiden investors’ summit will witness participation from leading industries like Reliance Industries, Amul, Azure Power, ITC, Patanjali, Lockheed Martin, JSW Group, Walmart, Dalmia Group among many other leading organizations.

The government of Uttarakhand has received investment proposals in diverse sectors that include proposals worth Rs. 27,000 Crore for Solar Power Industry, Rs. 14,000 Crore for Health & Wellness Sector, Rs. 11,000 Crore for the Manufacturing Sector, Rs. 13,000 Crore for the Tourism Sector, Rs. 5,500 Crore for the IT industry, and Rs. 5,000 Crore in the Food Processing sector.

Speaking to the media, Shri Trivendra Singh Rawat, Chief Minister of Uttarakhand said, “We are happy to announce that all the necessary arrangements for the summit have been made and we are ready to host our maiden investor summit. In the run-up to the summit, we organized several mini conclaves within the state, five roadshows across the country, in addition to meeting investors in Singapore and Thailand. We are happy to share that we will see participation from across the globe with countries like Japan, Czech Republic, Argentina, Mauritius, Serbia and Nepal participating in the summit. The event will be inaugurated by Hon’ble Prime Minister, Shri Narendra Modi on the 7th and the summit will be concluded in the presence of Hon’ble Home Minister, Shri Rajnath Singh.

Earlier in the week, ten sectoral policies were unveiled by Hon’ble Chief Minister, which are aimed at garnering investments and providing long-term employment for the residents of the state. The government of Uttarakhand officials will be organizing various B2G meeting on the sidelines of the summit to highlight various investment opportunities for national and international investors.

About Destination Uttarakhand: Investors Summit 2018

The Department of Industries is organizing UKIS 2018 in coordination with all departments related to the 12 focus sectors identified by the state. The Investment Promotion and Facilitation center in the Directorate of Industries is working as the secretariat for the event. It will be a mega event, gathering investors, manufacturers, producers, policymakers, and organizations from the global business ecosystem. The summit would principally focus on 12 focus sectors, which include Food Processing, Horticulture & Floriculture, Herbal & Aromatic, Tourism & Hospitality, Wellness & AYUSH, Pharmaceuticals, Automobiles, Sericulture & Natural Fibers, IT, Renewable Energy, Biotechnology, Film Shooting, for expediting economic development in the state. It will provide opportunities for both investment and trade in these sectors for both domestic and international investors.

For further information on the summit: www.destinationuttarakhand.in

Read more: The State Gears up to Host Industry Leaders and...


10th Oct, 2018

NTPC participated in the tender floated by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 500 MW grid connected Solar projects.

In the Reverse Auction held today NTPC has won 160 MW of Solar capacities (140 MW at a tariff of Rs 3.17/Kwh and 20 MW at a tariff of Rs 3.21/Kwh) This is the first time NTPC has participated in tariff based bidding of Solar projects.

The 160 MW of solar projects shall be set up by NTPC under EPC mode and shall add to the installed capacity of NTPC.

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Memorandum of Agreement between NTPC and IRCTC for packaged drinking water

05th Oct, 2018

A Memorandum of Agreement (MoA) has been entered between NTPC & IRCTC on 05th October 2018 for setting up a manufacturing facility for packaged drinking water (Rail Neer) by IRCTC at NTPC’s Simhadri Super Thermal Power Project at Simhadri, district Vishakhapatnam, Andhra Pradesh. The agreement was signed in Delhi in the august presence of CMD-NTPC Ltd, CMD-IRCTC Ltd and other dignitaries.

The facility will utilize patented Flash Desalination Technology (FDT) developed by NTPC Energy Technology Research Alliance (NETRA), the Research & Development arm of NTPC. The technology has been developed for production of Quality water (desalinate/ distilled/ drinking water) from sea / brackish water utilizing waste heat from flue gas of power plant. NTPC has already set-up a facility for production of 120 ton per day of desalinated seawater at NTPC Simhadri STPP using this FDT technology, which is running at full capacity since March 2017.

NTPC and IRCTC are also exploring the feasibility to set up similar facility at other NTPC locations like Talcher & Solapur.

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Read more: Memorandum of Agreement between NTPC and IRCTC...

Sungrow, the global leading inverter solution supplier for renewables, participates in the Renewable Energy India Expo 2018 in Greater Noida for 3 days, with world-leading PV solutions for commercial rooftop and utility-scale PV plants, in a bid to build a comprehensive PV world together with partners and with the mission of “ Clean Power for All ”.

Read more: Sungrow Showcases Cutting-Edge Products during...

Sterling and Wilson, World’s leading solar EPC company, has announced its plans to enter Kazakhstan. The company is targeting EPC for Solar PV projects of capacity 200 MW in Kazakhstan till 2020. The country is expected to receive bids for 180 MW of Solar PV in the month of October. This is part of the series of tenders announced by Kazakhstan government in the beginning of the year.
Kazakhstan is aiming at reducing its dependency on fossil fuel power generation to alternative energy. The country is working towards increasing the share of renewable energy in electric power generation to 3% by the year 2020 and to 10% by 2030.
Bikesh Ogra, CEO-Solar, Sterling and Wilson says, “Though Kazakhstan has huge oil reserves, growing energy consumption is one of the drivers behind the growth of renewable energy. International Energy Agency has predicted the demand for energy in the country to double up by the year 2035. The Central Asian country’s growing concern of climate change is also one of the factors for the switch to renewables. Sterling and Wilson is exploring all options to support the country in meeting its renewable energy targets.”
Sterling and Wilson has a subsidiary company in Kazakhstan with category I license. The local company would be responsible for execution of Solar PV projects.
Sterling and Wilson, today, is actively present in Asian continent outside India, with over 50 MWp of solar PV plants operational in Philippines powering more than 30,000 homes, and another 60 MWp project is in commissioning phase in Bangladesh.
Sterling and Wilson, today, has to its credit a total of close to 6.14 GWp of solar EPC portfolio in various geographies including Africa, Middle East, Asia, Australia, Latin America & USA. It is currently constructing 1177 MWp of Solar PV plant in Abu Dhabi which is the world’s largest single location Solar PV plant till date. It is building number of projects in Zambia, Egypt, Namibia, Niger, Jordan, Argentina, and Morocco.

About Sterling and Wilson
Sterling and Wilson is an excellent example of the new age energy revolution. With over 6.14 GWp+ Solar energy portfolio across geographies, Sterling and Wilson is leading the green energy wave globally. From being a predominantly India focussed company, Sterling and Wilson now operates in close to 30 countries. With a vision to build a green world, Sterling and Wilson is making power accessible and affordable to the world at large. Visit us at www.sterlingandwilson.com

Read more: Sterling & Wilson Eyes 200 MW Solar PV Projects...

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  • PriyabrataPriyabrata Das (Retail Business Leader, India), Divya Arya (Marketing Leader, Asia) and Sahil Khanna (Partnerships Business Leader, Asia) with contest winners at the meet and greet event with the Batti Gul Meter Chalu star cast
Greenlight Planet, a global leader in solar home energy products (Sun King™) launched their brand association with Batti Gul Meter Chalu starring Shahid Kapoor, Shraddha Kapoor, Divyendu Sharma and Yami Gautam produced by Bhushan Kumar, Krishan Kumar, Nitin Chandrachud and Nishant Pitti that was released on 21st September 2018. The film narrates the story of electricity issues in rural India and this association showcases how Greenlight Planet’s Sun King™ range of solar products offer a clean, reliable alternative to these issues.

As a part of this association, Greenlight Planet is running a 360-degree marketing campaign ‘Batti Gul Sun King Chalu’ to promote its association across all platforms including print, electronic, social media as well as branding, on ground activations and PR activities. Greenlight Planet customers & partners were invited to share their ‘Batti Gul Crazy Moments’ using #BattiGulSunKingChalu and the contest winners won a chance to meet the star cast of the film.

Talking about the association, Divya Arya, Marketing Leader, Asia, Greenlight Planet expresses, “Over 1.3 billion people around the world live without access to energy. In India alone, 31 million families still live in the dark. Our low-cost Sun King™ solar devices including solar lanterns, home systems and televisions provide an affordable, high-quality solution to rural households, so they can live safer, brighter and more productive lives. We are always exploring new, innovative methods to connect with our customers and educate them about the multiple long-term benefits of choosing high-quality solar products over cheap but inferior alternatives available in the market. Through our marketing campaign with BGMC, we hope to engage our customers, increase brand awareness and educate them about how sustainable products are better, cheaper and more efficient in the long run.”

The campaign has kick-started with the launch of the TVC, print campaign and social media campaign with Shahid Kapoor & Shraddha Kapoor talking about the Batti Gul Sun King Chalu contest. The co-branded promo captures the frustration of power cuts and introduces how Sun King products help solve the problem.

Batti Gul Meter Chalu narrates the story of Shahid Kapoor's character who plays a lawyer in the film and fights with the local electricity board against escalated electricity bills. The film tells the story of electricity issues in rural India.

Mr. Vinod Bhanushali, President-Marketing, Media, Publishing (TV) & Music Acquisitions, T-Series commented, “Batti Gul Meter Chalu produced by T-Series is based on a socially relevant issue that a lot of Indians face even in today’s times and the film has tried to put across the issue with humor. We have always tried to back socially relevant and content-driven cinema like Hindi Medium. This association with Greenlight Planet felt like a natural fit as the movie discusses the lack of reliable electricity in several parts of India and Sun King's products offer a clean, affordable solution to this very relatable problem. Also, this gives us yet another opportunity to offer our viewers a solution to their electricity woes. We are glad to be a part of an association that is helping build a brighter future for rural India."

To view the TVC:

About Greenlight Planet

Greenlight Planet has sold over 9 million Sun King™ solar home energy products to off-grid households around the world. Greenlight Planet reaches remote, off-grid customers through a unique business model involving a vast network of micro entrepreneurs, more than 300 global strategic distribution partners, and its proprietary EasyBuy (“pay-as-you-go”) instalment payment technology that makes safe, high-quality solar energy products affordable for all. Winners of 2016 Ashden Awards, Greenlight Planet is currently present in 40+ countries and serves over 33 million consumers.

Find out more at https://www.greenlightplanet.com

Read more: Greenlight Planet, First off-Grid Solar Company...

NTPC signed Term Loan of ₹5000 Crore with State Bank of India

08th Oct, 2018

A term loan agreement for ₹5000 Crore was signed with State Bank of India on 28th September, 2018. This loan has a door to door tenure of 12 years and will be utilised to part finance the capital expenditure of NTPC. The loan agreement was signed by Shri Sudhir Arya, Chief Financial Officer, NTPC Ltd and Shri Neelabh Sinha, Dy General Manager, State Bank of India.

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Read more: NTPC signed Term Loan of ₹5000 Crore with State...

NTPC Ltd. pays Final Dividend of Rs. 1,970.67 crore for FY 2017-18

01st Oct, 2018

For the financial year 2017-18, NTPC Ltd. has paid a final dividend of Rs. 1,970.67 crore, being 23.90% of the paid-up equity share capital of the Company.

The RTGS advice for the transfer of Rs. 1,217.29 crore to Government of India, being the share of Government of India in the final dividend, was presented to Shri R.K.Singh, Hon’ble Minister of State (Independent Charge) for Power and New & Renewable Energy by Shri Gurdeep Singh, CMD, NTPC, in the presence of Sh. A.K.Bhalla, Secretary (Power) from Ministry of Power and Shri K Sreekant, Director (Finance), Shri Saptarshi Roy, Director (Human Resources), 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 Final Dividend of Rs. 1,970.67...

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