Indian Economy-News & Updates
- Thread starter Flintlock
- Start date
cloud_9
SENIOR MEMBER
- Joined
- Jul 16, 2010
- Messages
- 4,921
- Reaction score
- -2
- Country
- Location
POSCO was a real blunder and it's still going on.POSCO had some big plans for India under President Myung-bak because of the Heo Hwang-ok story.But the fags in the government missed on leveraging that bit.
World Bank nod to $1,100 million loan for rail corridor
First Kudankulam reactor reaches 90 per cent of maximum capacity
The first reactor of the Kudankulam Nuclear Power Project (KKNPP) reached 90 per cent of its maximum capacity on Monday morning.
The 1,000-MWe VVER reactor, which attained criticality on July 13 last, generated 900 MWe, sparking jubilation among KKNPP technocrats.
As the reactor’s behaviour was on expected lines, it is likely to attain its maximum capacity before this week-end or next week.
Mandatory formalities
Highly placed sources in the Nuclear Power Corporation of India Limited (NPCIL) told The Hindu that the Atomic Energy Regulatory Board (AERB) was pleased with the results from a slew of compulsory tests which were conducted when generation was gradually increased; hence, it permitted raising the unit’s capacity to 90 per cent on May 1, from 750 MWe to 900 MWe.
All mandatory formalities were completed in the early hours of Monday. The reactor behaved exceptionally well as its capacity increased. The reactor was stabilised at 880 MWe for a while and then its capacity increased to 900 MWe, the sources said.
Explaining the second unit’s progress towards criticality, the sources said preparations were under way for the mandatory hot conditioning tests, scheduled for June, and hence the reactor would be ready for fuel-loading in July or August. “If things move as fast as we’ve planned, the second reactor will attain criticality in November or December,” the sources said.
As for the third and fourth reactors, for which India and Russia recently signed an inter-governmental agreement, the sources said the work would begin once the model code of conduct for the Lok Sabha elections was withdrawn.
First Kudankulam reactor reaches 90 per cent of maximum capacity - The Hindu
The first reactor of the Kudankulam Nuclear Power Project (KKNPP) reached 90 per cent of its maximum capacity on Monday morning.
The 1,000-MWe VVER reactor, which attained criticality on July 13 last, generated 900 MWe, sparking jubilation among KKNPP technocrats.
As the reactor’s behaviour was on expected lines, it is likely to attain its maximum capacity before this week-end or next week.
Mandatory formalities
Highly placed sources in the Nuclear Power Corporation of India Limited (NPCIL) told The Hindu that the Atomic Energy Regulatory Board (AERB) was pleased with the results from a slew of compulsory tests which were conducted when generation was gradually increased; hence, it permitted raising the unit’s capacity to 90 per cent on May 1, from 750 MWe to 900 MWe.
All mandatory formalities were completed in the early hours of Monday. The reactor behaved exceptionally well as its capacity increased. The reactor was stabilised at 880 MWe for a while and then its capacity increased to 900 MWe, the sources said.
Explaining the second unit’s progress towards criticality, the sources said preparations were under way for the mandatory hot conditioning tests, scheduled for June, and hence the reactor would be ready for fuel-loading in July or August. “If things move as fast as we’ve planned, the second reactor will attain criticality in November or December,” the sources said.
As for the third and fourth reactors, for which India and Russia recently signed an inter-governmental agreement, the sources said the work would begin once the model code of conduct for the Lok Sabha elections was withdrawn.
First Kudankulam reactor reaches 90 per cent of maximum capacity - The Hindu
madooxno9
BANNED
- Joined
- Nov 21, 2010
- Messages
- 2,364
- Reaction score
- -7
- Country
- Location
Deepak Parekh to present blueprint on infrastructure worth $1 trillion to next government
Deepak Parekh to present blueprint on infrastructure worth $1 trillion to next government - The Economic Times
Deepak Parekh to present blueprint on infrastructure worth $1 trillion to next government - The Economic Times
Pipavav Defence plans facility for missiles, torpedoes
Hyderabad, May 7:
Pipavav Defence and Offshore Engineering plans to set up its main system integration facility for manufacturing missiles and torpedoes in Hyderabad.
The company, which was the first private firm in India to get a licence to build warships, has already firmed up strategic partnerships for missile and torpedo making under the Ministry of Defence’s Make-and-Buy programme.
Naresh Kumar, Senior Advisor, said the company is looking at tie-ups with local firms in and around Hyderabad working in the sub-system design and manufacture of missile and torpedo parts.
“The vendor qualification will be undertaken jointly by Pipavav Defence and our technology partner,” he said at a Vendor Development Programme for MSE suppliers organised by the CII here.
Promoted by Nikhil Gandhi and Bhavesh Gandhi, the firm has entered into a strategic partnership with Saab in key technology areas, including combat management systems and missiles. It is currently bidding for 43 ships command management systems.
The private defence shipyard is also tying up with German firm Atlas Elektronik, to provide heavyweight torpedoes to the Indian Navy.
Atlas has worked with the Indian Navy for the last two decades, providing SUT torpedoes for the Navy’s Shishumar class of submarines. The company sees significant opportunities in the proposal of the Defence Ministry’s to acquire multiple helicopter platforms under the ‘Buy-and-Make Indian’ category.
This project envisages the first initiative by the government to build helicopters in the private sector, which will enable private firms manufacture, assemble and integrate critical aviation components. “This will provide opportunities for local companies to enter global supply chain,” Naresh Kumar said. Pipavav, which has already invested over $1.2 billion in the Indian defence industry, has orders worth $985 million from the Indian Navy, besides $282 million and $742 million in the offshore and commercial segments.
Last year, it won its first overseas order to build two offshore patrol vessels for a West African client valued at ₹1,192 crore.
Pipavav Defence plans facility for missiles, torpedoes | Business Line
Hyderabad, May 7:
Pipavav Defence and Offshore Engineering plans to set up its main system integration facility for manufacturing missiles and torpedoes in Hyderabad.
The company, which was the first private firm in India to get a licence to build warships, has already firmed up strategic partnerships for missile and torpedo making under the Ministry of Defence’s Make-and-Buy programme.
Naresh Kumar, Senior Advisor, said the company is looking at tie-ups with local firms in and around Hyderabad working in the sub-system design and manufacture of missile and torpedo parts.
“The vendor qualification will be undertaken jointly by Pipavav Defence and our technology partner,” he said at a Vendor Development Programme for MSE suppliers organised by the CII here.
Promoted by Nikhil Gandhi and Bhavesh Gandhi, the firm has entered into a strategic partnership with Saab in key technology areas, including combat management systems and missiles. It is currently bidding for 43 ships command management systems.
The private defence shipyard is also tying up with German firm Atlas Elektronik, to provide heavyweight torpedoes to the Indian Navy.
Atlas has worked with the Indian Navy for the last two decades, providing SUT torpedoes for the Navy’s Shishumar class of submarines. The company sees significant opportunities in the proposal of the Defence Ministry’s to acquire multiple helicopter platforms under the ‘Buy-and-Make Indian’ category.
This project envisages the first initiative by the government to build helicopters in the private sector, which will enable private firms manufacture, assemble and integrate critical aviation components. “This will provide opportunities for local companies to enter global supply chain,” Naresh Kumar said. Pipavav, which has already invested over $1.2 billion in the Indian defence industry, has orders worth $985 million from the Indian Navy, besides $282 million and $742 million in the offshore and commercial segments.
Last year, it won its first overseas order to build two offshore patrol vessels for a West African client valued at ₹1,192 crore.
Pipavav Defence plans facility for missiles, torpedoes | Business Line
WAR-rior
SENIOR MEMBER
- Joined
- Nov 26, 2010
- Messages
- 4,860
- Reaction score
- -15
- Country
- Location
paranoiarocks
BANNED
- Joined
- Apr 30, 2014
- Messages
- 451
- Reaction score
- -4
- Country
- Location
Some Exitpoll(most probably csds) got leaked ,Markets gone up 500+ .
cloud_9
SENIOR MEMBER
- Joined
- Jul 16, 2010
- Messages
- 4,921
- Reaction score
- -2
- Country
- Location
Now, Gujarat to cover Narmada canals with solar panels!
Canal solar power: Gujarat has attracted investments of Rs 9,000 crore so far on solar energy projects.
Gandhinagar, April 23:
Close on heels of commencing use of wastelands in northern districts and rooftops in towns and cities, Gujarat is set to potentially use the existing 19,000 km-long network of Narmada canals across the State for setting up solar panels to generate power.
The Chief Minister, Mr Narendra Modi, will inaugurate the first of a series of this project, known as Canal Solar Power Project, when he launches a 1 megawatt (mw) pilot project, which is already commissioned, on Narmada branch canal near Chandrasan village of Kadi taluka in Mehsana district on Tuesday.
Last week, he inaugurated a 600-MW solar power project spread across 11 districts. This included a 214MW Solar Power Park, the largest such generation centre at a single location in Asia. Also, Azure Power, leading independent power producer in solar sector, announced a 2.5 MW rooftops project in Gandhinagar.
Gujarat, which invests nearly Rs 2,000 crore an year on renewable energy, has attracted investments of Rs 9,000 crore so far on solar energy projects.
The pilot project has been developed on a 750-m stretch of the canal by Gujarat State Electricity Corporation (GSECL) with support from Sardar Sarovar Narmada Nigam Ltd (SSNNL), which owns and maintains the canal network.
Energy, water security
The pilot project will generate 16 lakh units of clean energy per annum and also prevent evaporation of 90 lakh litres of water annually from the canal, an official told Business Line here on Monday. The concept will, therefore, tackle two of the challenges simultaneously by providing energy and water security.
The cost of per megawatt of solar power, in this case, is likely to be much less than the estimated Rs 10-11 crore, as the two banks of the canal will be used to cover the canal by installing solar power panel and the government will not have to spend much on creating basic infrastructure, including land acquisition .
Today, Gujarat has about 458 km of open Main Canal, while the total canal length, including sub-branches, is about 19,000 km at present.
When completed, the SSNNL's canal network will be about 85,000 km long.
Assuming a utilisation of only 10 per cent of the existing canal network of 19,000 km, it is estimated that 2,200 MW of solar power generating capacity can be installed by covering the canals with solar panels.
This also implies that 11,000 acres of land can be potentially conserved along with about 2,000 crore litres of water saved per annum.
Now, Gujarat to cover Narmada canals with solar panels! | Business Line
Canal solar power: Gujarat has attracted investments of Rs 9,000 crore so far on solar energy projects.
Gandhinagar, April 23:
Close on heels of commencing use of wastelands in northern districts and rooftops in towns and cities, Gujarat is set to potentially use the existing 19,000 km-long network of Narmada canals across the State for setting up solar panels to generate power.
The Chief Minister, Mr Narendra Modi, will inaugurate the first of a series of this project, known as Canal Solar Power Project, when he launches a 1 megawatt (mw) pilot project, which is already commissioned, on Narmada branch canal near Chandrasan village of Kadi taluka in Mehsana district on Tuesday.
Last week, he inaugurated a 600-MW solar power project spread across 11 districts. This included a 214MW Solar Power Park, the largest such generation centre at a single location in Asia. Also, Azure Power, leading independent power producer in solar sector, announced a 2.5 MW rooftops project in Gandhinagar.
Gujarat, which invests nearly Rs 2,000 crore an year on renewable energy, has attracted investments of Rs 9,000 crore so far on solar energy projects.
The pilot project has been developed on a 750-m stretch of the canal by Gujarat State Electricity Corporation (GSECL) with support from Sardar Sarovar Narmada Nigam Ltd (SSNNL), which owns and maintains the canal network.
Energy, water security
The pilot project will generate 16 lakh units of clean energy per annum and also prevent evaporation of 90 lakh litres of water annually from the canal, an official told Business Line here on Monday. The concept will, therefore, tackle two of the challenges simultaneously by providing energy and water security.
The cost of per megawatt of solar power, in this case, is likely to be much less than the estimated Rs 10-11 crore, as the two banks of the canal will be used to cover the canal by installing solar power panel and the government will not have to spend much on creating basic infrastructure, including land acquisition .
Today, Gujarat has about 458 km of open Main Canal, while the total canal length, including sub-branches, is about 19,000 km at present.
When completed, the SSNNL's canal network will be about 85,000 km long.
Assuming a utilisation of only 10 per cent of the existing canal network of 19,000 km, it is estimated that 2,200 MW of solar power generating capacity can be installed by covering the canals with solar panels.
This also implies that 11,000 acres of land can be potentially conserved along with about 2,000 crore litres of water saved per annum.
Now, Gujarat to cover Narmada canals with solar panels! | Business Line
cloud_9
SENIOR MEMBER
- Joined
- Jul 16, 2010
- Messages
- 4,921
- Reaction score
- -2
- Country
- Location
Star Wars
BANNED
- Joined
- Jan 7, 2013
- Messages
- 12,446
- Reaction score
- -14
- Country
- Location
Amway India CEO William S Pinckney arrested | The Indian Express
William S Pinckney, Chairman and CEO of Amway India was today placed under arrest by the Andhra Pradesh Police in connection with a complaint against the direct-selling firm.
Kurnool Superintendent of Police Raghurami Reddy said Pinckney was apprehended in Gurgoan yesterday and was brought to Kurnool on a warrant. The arrest was based on a complaint alleging unethical circulation of money through Amway’s operations.
“He will be produced in the court shortly. The CEO has been booked under the Prize Chits and Money Circulation.
Schemes (Banning) Act,” Reddy said.
This is the second time that the Amway India CEO has been taken into custody. A year ago Kerala Police arrested Pinckney and two company Directors on charges of financial irregularities.
William S Pinckney, Chairman and CEO of Amway India was today placed under arrest by the Andhra Pradesh Police in connection with a complaint against the direct-selling firm.
Kurnool Superintendent of Police Raghurami Reddy said Pinckney was apprehended in Gurgoan yesterday and was brought to Kurnool on a warrant. The arrest was based on a complaint alleging unethical circulation of money through Amway’s operations.
“He will be produced in the court shortly. The CEO has been booked under the Prize Chits and Money Circulation.
Schemes (Banning) Act,” Reddy said.
This is the second time that the Amway India CEO has been taken into custody. A year ago Kerala Police arrested Pinckney and two company Directors on charges of financial irregularities.
Star Wars
BANNED
- Joined
- Jan 7, 2013
- Messages
- 12,446
- Reaction score
- -14
- Country
- Location
Tshering22
ELITE MEMBER
- Joined
- Jul 19, 2010
- Messages
- 18,431
- Reaction score
- 4
- Country
- Location
He's started hammering the moment he took the throne. Love it!
