Mumbai (Maharashtra) [India], July 9: Dynamic Services & Security Limited (DSSL), a leader in security services, digitalization, and renewable energy, experienced a significant rise in its share price following key strategic developments.
The Asian Development Bank (ADB) and the ENGIE group have signed a long-term loan agreement to construct and operate a 400-megawatt solar photovoltaic power plant in Surendranagar district in Gujarat, the regional development bank headquartered in Manila said in a release.
India's cumulative infrastructure spending will exceed 2.5 trillion dollars by FY32, highlights Gautam Adani at an event organised by CRISIL on 'Infrastructure the catalyst for India's future'.
In a bid to end the 'VIP culture', Assam Chief Minister Himanta Biswa Sarma on Sunday announced that ministers and government officials will have to pay for their electricity consumption.
This project would yield an average of 3 lakh units of electricity monthly and the investment amount of Rs 12.56 crore is projected to be recovered within 4 years, with monthly savings standing at approximately Rs. 30 lakh.
In a significant step towards enhancing green energy generation in the state, Assam Chief Minister Dr Himanta Biswa Sarma laid the foundation stone for a 25-MW solar power generation project at the premises of the Namrup Thermal Power Station in Dibrugarh district on Friday.
Moody's Ratings has highlighted the immense financial commitment required for India's energy transition. The nation aims to significantly expand its renewable energy capacity, targeting an impressive 500 gigawatts (GW) by 2030.
The Khavda Renewable Energy Park in Gujarat, India, spans approximately 200 square miles and promises to be a game-changer in the global renewable energy landscape.
Battery storage, or battery energy storage systems (BESS), are devices that enable energy from renewables, like solar and wind, to be stored and then released when the power is needed most.
Hiroshi Suzuki, Ambassador of Japan to India and Bhutan, indicated that Japan is looking forward to working with Adani Group after meeting Gautam Adani, chairman of Adani Group on May 29.
The upgrade considers AGEL's continued strong operational asset performance and a scale-up in execution, with annual capacity additions projected to increase to 4GW-5GW from the previous 2.5-3.5GW.
The company entered into a strategic partnership with Almia Group, the primary distributor of Adani Solar panels in Kerala, to advance its efforts in the solar energy sector.