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Delton Cables secures Rs 1.77 billion in orders for power cables in Q1 FY25
Delton Cables Ltd announced that it secured orders worth Rs 1.77 billion for power cables during the first quarter (April to June) of FY25. These orders are to be fulfilled over the next two years, with the company’s outstanding order book standing at Rs 2.94 billion as of June 30, 2024. In an investor presentation discussing its Q1 FY25 performance, Delton Cables highlighted its strategy to develop a pan-India presence and expand into new sectors,…
Premier Energies signs MSA with BN Hybrid Power-1 for Rajasthan project
Premier Energies International Private Limited, a subsidiary of Premier Energies Limited, has entered into a module supply agreement (MSA) with BN Hybrid Power-1 Private Limited, a special purpose vehicle of BrightNight India. Under this agreement, Premier Energies will supply 173.35 MWp of solar modules featuring Topcon technology for BN Hybrid Power-1’s 300 MW renewable energy project in Barmer, Rajasthan. The supply of these modules is set to begin in July 2025.
DERC issues draft regulations for intrastate transmission projects under TBCB
The Delhi Electricity Regulatory Commission (DERC) has released draft regulations to establish the threshold size for intrastate transmission system (InSTS) schemes developed under the tariff-based competitive bidding (TBCB) mechanism. The regulations, titled “Draft Delhi Electricity Regulatory Commission (Threshold Limit for the Development of Intra-State Transmission Projects under the Tariff Based Competitive Bidding) Regulations, 2024,” are open for public comments and suggestions. A key aspect of the draft regulations is setting a Rs 1.5 billion threshold…
Jakson Engineers, SBI partner to accelerate solar adoption in India
Jakson Engineers Limited and the State Bank of India (SBI) have signed a Memorandum of Understanding (MOU) under the Surya Shakti Solar Finance programme to promote solar energy adoption across India. The partnership aims to increase solar power use in institutional, commercial, and industrial sectors. SBI will provide up to Rs 100 million in credit to commercial and industrial users, accelerating the rollout of rooftop solar projects. This collaboration supports the Prime Minister’s goal of…
Queensland, Rio Tinto partner to secure Boyne Smelter’s future, boost renewable energy
The Queensland Government has partnered with Rio Tinto to secure the future of Boyne Smelters Limited (BSL), Australia’s second-largest aluminium smelter, while advancing renewable energy investments. This collaboration aims to transform Gladstone into a renewable energy hub and stabilize the state’s electricity grid as Australia transitions to cleaner energy sources. Economic support will ensure BSL’s financial viability as it transitions to renewable energy from 2029. Rio Tinto’s investment will maintain BSL’s 500,000-tonne annual production capacity…
IIT-Kharagpur study debunks claims of ‘severe ozone hole’ in tropics
A new study led by Jayanarayanan Kuttippurath, a senior professor at IIT-Kharagpur’s Centre for Ocean, River, Atmosphere, and Land Sciences (CORAL), has refuted previous claims of a ‘severe ozone hole’ in the tropical stratosphere. The research, titled “No Severe Ozone Depletion in the Tropical Stratosphere in Recent Decades,” analyzed 42 years of data, dismissing concerns about ozone depletion in the tropics and associated health threats. Kuttippurath and his team examined ground-based ozonesonde and satellite data…