Advait Energy Transitions receives LoA valued at Rs 49.99 cr
From Dakshin Gujarat Vij Co.Advait Energy Transitions (formerly known as Advait Infratech) has received Letter of Acceptance (LoA) for Turnkey Contract (Supply, Installation, Testing and Commissioning) of 11 KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) with its accessories (Poles and its fabrications will be supplied by DGVCL) in jurisdiction area of Dakshin Gujarat Vij Co. (DGVCL) under Vanbandhu Kalyan Yojana (VKY-2) Scheme on 29 May 2025. The contract is worth Rs 49.99 crore. Powered by Capital Market - Live News
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Time of India
4 hours ago
- Time of India
Fordoward Thinking
Iran may still negotiate with US, taking a long view, while skirmishing with Israel. Even if its nuclear infra is damaged, its knowhow isn't. But if the conflict spreads, welfare of 9mn Indians in the region will be New Delhi's first concern For two decades every United States administration said it might someday bomb Iran's enrichment plants. On Saturday night that 'someday' arrived. B-2 stealth bombers dropped 30,000-pound 'bunker buster' bombs while submarines and aircraft launched Tomahawks at Fordow, Natanz and Isfahan, the three most consequential nodes in Iran's IAEA monitored nuclear network. Trump declared that 'Fordow is gone', and that Tehran must 'agree to end this war'. The flourish was vintage Trump – muscular and headline grabbing. But behind the applause lines lies a strategic gamble whose downsides may echo far beyond Qom. Trump crossed a threshold earlier presidents tiptoed around, turning an Israel-Iran slugfest into a US-Iran confrontation. He insists the raid was a 'one-off', intended to cripple enrichment. Although neither US nor Israel has produced evidence that Iran was on the brink of building a bomb, the Pentagon's quick look report claims the strikes set the programme back by years at minimal cost. Physics, however, counsels humility. Centrifuges are hardware while enrichment expertise is software lodged in scientists' heads. Bombs can destroy cylinders but not knowledge. Hardliners in Tehran will now argue that only a nuclear weapon can deter the next bunker buster. Did the raid delay a bomb or make it inevitable? Iran accused US of a grave violation of the UN Charter, NPT and international law and vowed that it will not go unanswered. The easiest escalation is to menace the Strait of Hormuz through which about a fifth of global oil passes every day. Next may come missile salvos on Gulf energy infra or on US installations, and then the possible activation of proxies from Lebanon to Yemen. With Iran's parliament reportedly approving the closure of the strait, Brent could easily move past $100 a barrel. Oxford Economics projects $130 if flows are disrupted, a level that would push world inflation back toward 6%. Traders are already paying a war premium in afterhours quotes. Jerusalem meanwhile is jubilant. Netanyahu called the strike a bold decision. Strategically Israel has shifted part of the fight and the risk to Washington. If Iran retaliates, Americans rather than Israelis will calibrate the counterpunch. That is deterrence by entanglement in the short run. Over time it hands Iran a larger menu of US targets and risks dragging America into a war it does not want. Russia immediately cited the bombing as proof of US recklessness while Beijing called it a serious violation of international norms. Any condemning move at the Security Council will face a US veto. However, in the General Assembly the Global South is expected to side with Iran in significant numbers. For India the strike lands like a thunderclap at a cricket match. New Delhi has tried to balance a growing partnership with Washington, deep defence ties with Israel and consequential arrangements with Tehran, from the Chabahar port to International North-South Transit Corridor and once-robust crude imports. That balancing act has lately been criticised by the main opposition party. ● The immediate anxiety is economic. The Gulf supplies 54% of India's oil, generates about 40% of its remittances and accounts for more than $170bn in two-way trade. India imports more than 80% of its crude; every ten dollar rise in Brent adds about one billion dollars a month to the import bill and pressures the rupee. Consumer inflation just slipped below 5%; a Hormuz scare could undo that gain and complicate RBI's plan to cut rates. GOI is already moving to secure supplies, eyeing the strategic petroleum reserve and talking to several producers to ensure continuity. ● A second priority is the safety of nearly nine million Indians working in the region. Evacuation from Iran and Israel is underway. Operation Sankalp ships in the region can be helpful, if required. Diplomatically India has open channels with Washington, Tehran and Jerusalem, but leverage is thin while missiles fly. Still New Delhi may be able to offer discreet messages that help each side edge away from the brink, just like back-channel efforts by Qatar and Muscat. Meanwhile others such as Saudi Arabia and UAE are actively counselling restraint. The key actors need face-saving options. That also means Washington spelling out what de-escalation looks like. Would it accept enrichment capped below weapons grade? Does it envisage returning to the JCPOA framework with phased sanctions relief? Absent clarity Tehran will read 'time for peace' as code for surrender. In US, supporters have praised decisive action; critics have warned that the President had bypassed Congress and demanded a War Powers vote. Trump's boast that the mission was historic and limited is politically smart yet strategically ambiguous. If Iran swallows the blow and returns to talks the White House can claim victory. If Tehran retaliates Washington can strike again and say it had no choice. Either way the attack chips away at the nonproliferation regime and bets that humiliation will not ignite a wider war. The US entry into another West Asian conflict recalls 1991 and 2003, but this round involves nuclear facilities, peer power pushback and an energy hungry Global South. Fordow's tunnels may indeed be rubble, yet geopolitics rarely collapses neatly. US strikes may be tactically brilliant. Strategically they kick a radioactive can down a much steeper road. That road needs to be kept from becoming a cratered battlefield. The test is whether diplomacy can move faster than the bunker busters. The writer is former permanent representative of India to UN and served as an international civil servant at IAEA Facebook Twitter Linkedin Email Disclaimer Views expressed above are the author's own.
India Gazette
4 hours ago
- India Gazette
India can play proactive role in stopping Iran-Israel war, says West Asia strategist Awwad
New Delhi [India], June 23 (ANI): West Asia expert and veteran journalist Waiel Awwad on Sunday said that India can play a proactive role in stopping the ongoing war between Iran and Israel. While speaking to ANI about Prime Minister Narendra Modi's call with Iranian President Masoud Pezeshkian, Awwad emphasised that India should leverage its position to de-escalate tensions in the region. '...Prime Minister Modi has said that this era is not for war. Peace should prevail. India will be affected by the war situation in the GCC (Gulf Cooperation Council) countries and the Persian Gulf. Food and oil security will be affected...7 billion dollars of Indian revenue is generated there, so India will suffer...,' he said. 'India says that it is taking a leadership position -- even the G20 was held here -- which means India can play a proactive role in stopping this war,' he added. PM Modi on Sunday spoke with the President of Iran, Masoud Pezeshkian, expressing deep concern at the recent escalations and called for 'immediate de-escalation, dialogue and diplomacy'. In a post on X, PM Modi wrote, 'Spoke with President of Iran @drpezeshkian. We discussed in detail about the current situation. Expressed deep concern at the recent escalations.' He emphasised the need for a peaceful resolution and added, 'Reiterated our call for immediate de-escalation, dialogue and diplomacy as the way forward and for early restoration of regional peace, security and stability.' During the intervening hours of Saturday and Sunday, the US and Israel targeted Iran's nuclear sites in Natanz, Isfahan, and Fordow. Fardow is Iran's main enrichment location for uranium enrichment to 60 per cent. According to a CNN report, the US likely used six B-2 bombers to drop a dozen GBU-57 A/B 'bunker buster' bombs, also known as Massive Ordnance Penetrators (MOP), on the Fordow nuclear site, which is Iran's main location for uranium enrichment. A US official also told CNN that a full payload of bombs was dropped on Fordow. In his first public remarks following the strikes, President Trump warned that further action could be taken if Tehran fails to agree to a satisfactory peace settlement. 'There will be either peace or there will be tragedy for Iran, far greater than we've witnessed over the last eight days,' Trump said in his address to the nation from the White House on Saturday (local time). (ANI)
India.com
5 hours ago
- India.com
India Urged To Lead De-escalation As Iran-Israel Conflict Escalates; PM Modi Calls For Dialogue
West Asia expert and veteran journalist Waiel Awwad on Sunday said that India can play a proactive role in stopping the ongoing war between Iran and Israel. While speaking to ANI about Prime Minister Narendra Modi's call with Iranian President Masoud Pezeshkian, Awwad emphasised that India should leverage its position to de-escalate tensions in the region. "...Prime Minister Modi has said that this era is not for war. Peace should prevail. India will be affected by the war situation in the GCC (Gulf Cooperation Council) countries and the Persian Gulf. Food and oil security will be affected...7 billion dollars of Indian revenue is generated there, so India will suffer...," he said. "India says that it is taking a leadership position -- even the G20 was held here -- which means India can play a proactive role in stopping this war," he added. PM Modi on Sunday spoke with the President of Iran, Masoud Pezeshkian, expressing deep concern at the recent escalations and called for "immediate de-escalation, dialogue and diplomacy". In a post on X, PM Modi wrote, "Spoke with President of Iran @drpezeshkian. We discussed in detail about the current situation. Expressed deep concern at the recent escalations." He emphasised the need for a peaceful resolution and added, "Reiterated our call for immediate de-escalation, dialogue and diplomacy as the way forward and for early restoration of regional peace, security and stability." During the intervening hours of Saturday and Sunday, the US and Israel targeted Iran's nuclear sites in Natanz, Isfahan, and Fordow. Fardow is Iran's main enrichment location for uranium enrichment to 60 per cent. According to a CNN report, the US likely used six B-2 bombers to drop a dozen GBU-57 A/B "bunker buster" bombs, also known as Massive Ordnance Penetrators (MOP), on the Fordow nuclear site, which is Iran's main location for uranium enrichment. A US official also told CNN that a full payload of bombs was dropped on Fordow. In his first public remarks following the strikes, President Trump warned that further action could be taken if Tehran fails to agree to a satisfactory peace settlement. "There will be either peace or there will be tragedy for Iran, far greater than we've witnessed over the last eight days," Trump said in his address to the nation from the White House on Saturday (local time).
