Tag Archive for power

Star power, engaging conversations and exchange of knowledge aplenty at Masterclasses and In-Conversation sessions at IFFI 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

With barely a few hours to go for the opening of the 49th International Film Festival of India (IFFI) the confirmed schedule of multiple Masterclass and In-Conversation sessions at IFFI 2018 looks heavy on star power, promise engaging conversations and exchange of knowledge. These sessions will be held across the eight-day duration of the coveted film festival.

The agenda at Masterclass and In-Conversation sessions will begin with Bergman ‘Wild At Heart, Master At Craft’- In Conversation Session that will be moderated by Sunit Tandon and feature Mr. Mikael Timm, Ms. Jannike Ahlund and Ms. Ulrika. For the uninitiated, 2018 marks the 100-year anniversary of Ingmar Bergman’s birth, and to commemorate the occasion IFFI 2018 will be showcasing 7 best films of his career at the festival.

Celebrated lyricist, poet, screenwriter and the chairman of the Central Board of Film Certification (CBFC), Prasoon Joshi will reveal the secret behind his soulful lyrics at a masterclass titled, ‘Lyrical Imagination Unleashed’.

Critically acclaimed actors such as Rahul Bose, Pankaj Tripathi, Rajshri Deshpande, Divya Dutta and film producer Nila Madhab Panda will come together for an In-Conversation session to discuss what redefines stories.

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ReNew Power Wins 3 MW Floating Solar PV Project at Visakhapatnam

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

ReNew Power Limited, India’s largest renewable energy IPP in terms of total energy generation capacity*, today announced that it has won the tender for developing a 3 MW floating solar PV project in Visakhapatnam, Andhra Pradesh. When commissioned, this project will be among the largest floating solar PV projects in India. Read more

ReNew Power expands leadership team, announces three strategic hires

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

ReNew Power Limited, India’s largest renewable energy IPP in terms of total energy generation capacity*, today announced the hiring of three senior executives who have joined the organization in leadership roles. These strategic appointments are in line with the company’s continued focus on strengthening its management team.

 

ReNew announced the appointments of Mayank Bansal as President – Strategy & Operations, Varun Sivaram as Chief Technology Officer, both to be based out of its Gurugram office, as well as Stephen O’Rourke, who has joined as Managing Director, ReNew North America and will be based at the company’s recently set up international office in San Francisco, California. Read more

Ideal mix of Thermal and RE is the future for power generation – Power Minister Shri R.K. Singh

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Day long conference on Power plant flexibility- Paving way for Green Grid

“We are in times of change and growth and with the growth of economy and increase in per capita income, the power demand is also increasing at over 6% and will grow multi-folds in coming times. It is therefore, imperative that we increase use of renewable energy for the importance of Sustainability and Preservation of Environment”, Shri R.K. Singh, Union Minister of State (I/C) – Power and New & Renewable Energy, said, while inaugurating the NTPC’s conference on “Power Plant Flexibility: Paving way for Green Grid”. Shri Ajay Kumar Bhalla, Secretary (Power); Shri Pankaj Batra, Chairman, CEA and Shri Gurdeep Singh, CMD, NTPC were also present on the occasion

Our commitment is that 40% of total capacity will come from renewables and by 2030 we will be able to cross that, Shri Singh added. He emphasised that Renewable and Thermal shall both be added to the Power Generation fuel mix and such forums are ideal to discuss the viability to bring about the Flexibility and integration of renewables in the power plant. There is a need to strengthen the mining activities, for uninterrupted thermal power generation and boost the economy benefitting the lowest strata of the society. Read more

Shri Bajrang Power and Ispat Limited files for IPO

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Shri Bajrang Power and Ispat Limited, the flagship company of the Goel Group of companies, is an integrated manufacturer of long steel products in India filed its DRHP with SEBI (http://www.equirus.com/pdf/Shri%20Bajrang%20Power%20and%20Ispat%20Ltd_DRHP.pdf)

 

The Initial Public Offer (IPO) comprises of equity shares of face value of Rs. 10 each (“Equity Shares”) of Shri Bajrang Power and Ispat Limited (“Company” or the “Issuer”) aggregating up to Rs. 500 crore.

 

The proceeds from the net public issue will be utilized towards: (a) Repayment/pre-payment, in full or part, of certain borrowings availed by the Company (Rs. 375 crore); and (b) for General corporate purposes.

In addition to its existing facilities the Company plans to increase production capacities. The facilities above are expected to be fully commissioned during Financial Year 2020. On completion of the above expansion plans, the Company’s aggregate installed capacity is expected to increase from 360,000 TPA to 510,000 TPA, for sponge iron production; and from 235,200 MTPA to 264,000 MTPA, for Billets and Blooms.

 

The Company is setting up of an additional sponge iron plant, of 150,000 TPA, at the Unit III Tilda facility. This would significantly enhance sponge iron output and doubling it from 150,000 TPA to 300,000 TPA.

The Company is setting up a replacement facility at Unit III, comprising of: (a) steam turbines capable of generating 30 MW per day, (b) waste heat recovery boilers with an aggregate capacity of 62 TPH; and, (c) machinery for facilitating the transfer of surplus power from Unit III to Unit I, (namely an external combustor, 132 Kva power transmission lines, and, a sub-station with 20/25 Mva generator transformer). Read more

Shri Bajrang Power and Ispat Limited files DRHP with market regulator SEBI

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Shri Bajrang Power and Ispat Limited, the flagship company of the Goel Group of companies, is an integrated manufacturer of long steel products in India filed its DRHP with SEBI.

The Initial Public Offer (IPO) comprises of equity shares of face value of Rs. 10 each (“Equity Shares”) of Shri Bajrang Power and Ispat Limited (“Company” or the “Issuer”) aggregating up to Rs. 5,000 million.

The proceeds from the net issue will be utilized towards: (a) Repayment/pre-payment, in full or part, of certain borrowings availed by the Company (Rs. 3750 million); and (b) for General corporate purposes.

IDBI Capital Markets & Securities Limited, Equirus Capital Private Limited and SBI Capital Markets Limited are the book running lead managers to the issue.

The equity shares will be listed on BSE and NSE. Read more

It’s the Magic of Girl Power on the Sets of Love Sonia

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Magic of Girl Power

It is quite rare to find chemistry between co-stars off the screen even when their bond is mind-blowing onscreen. It is inspiring to see and experience powerful women support each other, nevertheless.

At the time of Indian Film Festival of Melbourne, the world saw the warm friendship between three extremely gifted actresses, Richa Chadha, Mrunal Thakur, and Freida Pinto. The bond that formed during the shooting of the film, Love Sonia, has stayed even months after that. Mrunal Thakur feels lucky to have Richa and Freida besides her as she is starting her journey into the Bollywood Industry. The amount of love and support she has received from the two and the rest of the world is overwhelming. Read more

ReNew Power successfully commissions 126 MW of the first reverse wind auction in India

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

ReNew Power Limited, India’s largest renewable energy IPP in terms of total energy generation capacity*, today announced the successful commissioning of Phase 1 (126 MW) of its 250 MW wind project located in Kutch district of Gujarat. This project is part of the India’s first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MWInter-State Transmission System (ISTS). The power generated from this project will be supplied to the Northern and Eastern states of UP, Bihar, Jharkhand & Odisha using the ISTS network.

 

The 250MW wind power project was won at a tariff of 3.46 INR/unit by Ostro Kutch Wind Pvt. Ltd in April 2017, which,through an acquisition of OstroEnergy Private Limited and its portfolio of wind and solar energyprojects became part of ReNew Power in March 2018.

 

Sumant Sinha, Chairman and Managing Director, ReNew Power Limited, said,“ReNew Power is India’s first renewable energy company to commission the first wind power project under ISTS scheme of SECI I wind auction. This is indeed a memorable moment for all of us as this milestone was achieved well ahead of commissioning dateand I want to thank all the stakeholders who supported us.” Read more

SEMBCORP ENERGY INDIA WINS TENDER FOR SUPPLY OF 250MW OF POWER TO BANGLADESH FOR 15 YEARS

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Sembcorp Energy India Limited (SEIL), through its wholly-owned subsidiary Sembcorp Gayatri Power Limited (SGPL), has won a competitive tender conducted by the Bangladesh Power Development Board (BPDB) to supply 250 MW power to Bangladesh over a total period of 15 years.

SGPL has received letters of intent from BPDB confirming its success in both the short term and long term bids, and supply of power is expected to commence soon upon completion of procedural requirements and relevant government approvals. Read more

Inorbit’s Pink Power 2018 culminates after empowering the entrepreneur dream of ten women

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Inorbit Pink Power winners strike a pose with youth icon Malishka at Inorbit mall Malad

Every woman today is venturing into unexplored business avenues and writing her own success story. Inorbit mall Pink Power has discovered some of these women entrepreneurs and supported them over the last few years.

2018 witnessed the fourth season of Inorbit Pink Power. Malishka Mendonsa – the youth icon felicitated the ten winners of Pink Power 2018 at Inorbit Mall, Malad today. It was an evening filled with encouragement and applauds as Inorbit witnessed the emergence of 10 promising women entrepreneurs who made their way as Pink Power winners. They won a free retail space within Inorbit Malls for a period of 9 months. These winners were chosen from cities like Mumbai (Malad & Vashi), Bangalore, Hyderabad and Vadodara. Read more