NTPC Renewable Energy has won contract for an 80 MW Floating Solar project at Omkareshwar Reservoir in Khandwa, Madhya Pradesh with its bid. The competitive bidding process took place on August 8, 2023, orchestrated by Rewa Ultra Mega Solar Limited (RUMSL), a joint venture established by Solar Energy Corporation of India (SECI) and MP Urja…
In the latest update, 100% of green energy is being used at 55 out of the 86 airports across the country. This move has significantly contributed to reducing the carbon footprint at airports, as conventional energy sources have been the main culprits of carbon emissions. To further enhance sustainability, the Ministry of Civil Aviation (MoCA)…
In a significant move aligned with the Prime Minister’s Panchamrit commitment, the Ministry of Coal has issued a directive to all its CPSEs (Coal Public Sector Enterprises) to diligently develop a net zero plan for the coal mining sector. Embracing the national commitment, Coal PSUs have meticulously crafted a three-year action plan, outlining specific targets…
In an effort to promote standardization and conformity assessment activities, the Bureau of Indian Standards (BIS), the National Standards Body of India, has signed Memorandum of Understandings (MoUs) with 35 prestigious institutions from various states across the country. The institutions include prominent NITs, Government, and Private Engineering colleges. The MoU facilitates the active involvement of…
The Union Minister for State for Finance, Shri Pankaj Chudhary, revealed that the monthly average gross GST collection for the financial years 2021-22 and 2022-23 demonstrated a positive trend, with year-on-year growth rates of 30% and 22%, respectively. The Minister shared this information during a written reply in Lok Sabha today. The Minister underscored that…
The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in August 2014, has accomplished a remarkable feat since its inception by providing universal banking services to unbanked households. The core principles of this initiative are centered on banking the unbanked, securing the unsecured, and facilitating access to credit. As of 12th July 2023, the PMJDY has…
In a significant move, the Reserve Bank of India (RBI) has granted foreign nationals and Non-Resident Indians (NRIs) visiting India access to the Unified Payments Interface (UPI), allowing them to conduct payments through UPI while in the country. This development was made official through circular no. RBI/2022-23/176CO.DPSS.POLC.No.S–1907/02.14.006/2022-23, dated 10th February 2023. As a result of…
The Regional Air Connectivity Fund Trust (RACFT) has released a total of Rs. 2729.11 crore as Viability Gap Funding (VGF) to Selected Airline Operators for the Regional Connectivity Scheme (RCS) – UDAN (UdeDeshkaAamNagrik) Scheme as of 30th June 2023. This move has facilitated the operation of 479 routes, linking 74 airports, along with 2 Water…
Ajmera Cityscapes and West Avenue Realty have jointly launched Atlantis, a magnificent 18-story luxury tower strategically located at the confluence of CD Road and 16th Road, opposite Camy Wafers in Khar (West). Amidst much excitement, Atlantis, the epitome of luxury real estate, was unveiled at a grand event graced by the esteemed presence of MLA…
Godrej Properties Ltd. (GPL), a prominent real estate developer in India, has secured the position of the highest bidder and obtained the Letter of Intent for the development of two group housing plots in the esteemed Golf Course Road micro-market. The auction, conducted by the Haryana Shehri Vikas Pradhikaran (HSVP) through e-auction, has granted Godrej…
