Latest news with #BhattiVikramarkaMallu
Hans India
7 hours ago
- Business
- Hans India
Singareni to construct 500 MW pumped storage plant
Kothagudem: As part of its business expansion activities, Singareni Company will undertake construction of a pumped storage power plant based on the closed Medipalli open cast mine water reservoir in Ramagundam-1 area. During a review meetingon Saturday, CMD N Balaram said, 'The company, which has completed the preliminary studies related to this, has been entrusted with the responsibility of preparing a complete project report and has presented a letter of award to a public sector undertaking named Vyapcos Limited.' He said that the Deputy Chief Minister Bhatti Vikramarka Mallu has already visited the Medipalli open cast mine and the construction site. Explaining the details of the project, he said, 'The plant works like a hydroelectric project in a way. A reservoir dam of about 2,350 m long and 23 m deep will be constructed for water storage on the funds. This reservoir will store 9.64 million cubic meters of water and 8 million cubic meters of water will be used for pumping.' The project cost is estimated to be around Rs 3,000 crore.
Hans India
a day ago
- Business
- Hans India
Bhatti chants ‘lift-all' development mantra
Hyderabad: Telangana Deputy Chief Minister Bhatti Vikramarka Mallu has stated that the State's public government is crafting a new definition of development — one that blends economic growth with a strong human dimension. Speaking as the chief guest at the ASSOCHAM Southern CSR & Sustainability Conference and Awards function on Friday, he said that the entire Cabinet is committed to building a Telangana that is fiscally disciplined, socially inclusive, and environmentally responsible. 'We live in a world of abundant resources but deep inequality. The failure of trickle-down economics is evident. What we now need is 'lift-all' development — inclusive growth that uplifts everyone.' Reiterating the core ideology of the Congress party, he said that economic growth must be built on the foundation of social justice, and Telangana's people-centric government is working with commitment to that ideal. The Deputy CM emphasized that corporate actions should be driven not by charity, but by a sense of responsibility. 'Work not for applause, but for transformation. Our efforts should not only be about building companies but about improving the wellbeing of society at large,' he said. Bhatti Vikramarka called on companies across India to consider Telangana as a prime hub for their CSR investments.
United News of India
4 days ago
- Business
- United News of India
Congress means electricity, says Telangana Deputy CM Bhatti Vikramarka
Khammam (Telangana), June 18 (UNI) 'Electricity means Congress… Congress means electricity,' declared Telangana Deputy Chief Minister and Finance Minister Bhatti Vikramarka Mallu while inaugurating 1912 electric ambulance services and a medical camp for electricity department employees at Khammam district headquarters on Wednesday. Highlighting the Congress government's historical contributions to power infrastructure, the Deputy CM said that all phases (I–VII) of the Kothagudem Thermal Power Station were initiated and completed during Congress regimes. In contrast, he alleged that during the decade-long rule of the BRS, not a single additional unit of power was generated, and incomplete energy projects were left abandoned, creating policy confusion in the sector. Bhatti noted a rise in power demand since the Congress came to power. In March 2025, Telangana saw a peak demand of 17,162 MW, up from 15,000 MW in March 2023. He emphasised that uninterrupted power supply was ensured despite the increased demand and said the department is fully prepared to handle further consumption surges. He cited a Central government projection that electricity demand in the state will reach 26,299 MW by 2029-30 and 33,773 MW by 2034-35. The state government is already making plans to meet this future requirement. As part of this effort, the New Green Energy Policy–2025 was launched and production agreements worth Rs 1 lakh crore have been signed. The aim is to generate 20,000 MW of green power by 2029–30. Reaffirming the government's commitment to farmers, the Deputy CM said 24-hour free electricity is being provided to 29,000 agricultural pump sets, costing the state Rs 11,500 crore annually. Similarly, free power up to 200 units is being given to over 50.71 lakh poor households, with the Finance Department covering Rs 2,293 crore in power bills. An additional Rs 198 crore is being paid for electricity in 29,018 government schools, bringing the total support through free power schemes to Rs 13,992 crore per year. The Deputy CM also formally launched the 1912 electric ambulance service, similar to the 108 medical emergency service. Citizens facing power issues can dial 1912 to receive immediate assistance. The service will dispatch a team of engineers, repair personnel, transformers, equipment, and an ambulance within minutes, he explained. Praising the dedication of electricity staff, Bhatti commended their service during floods and high-demand situations. He assured them that the government is committed to their welfare, with accident insurance of Rs 1 crore extended to all linemen — a first-of-its-kind scheme in the country. UNI VV PRS
Hans India
13-06-2025
- Business
- Hans India
State emerging as hub for Chartered Accountants: Bhatti
Hyderabad: Deputy Chief Minister Bhatti Vikramarka Mallu said Telangana is no longer merely competing with other Indian states, but is now standing shoulder to shoulder with developed countries globally. He was addressing the National-Level CA Students' Conference organized by the Institute of Chartered Accountants of India (ICAI), Hyderabad Branch, at Shilpakala Vedika on Thursday. The Deputy CM highlighted that Telangana is offering a promising platform for CA students who are emerging from across the country. He assured that those completing the CA course will find ample opportunities within the state. He praised ICAI as a pillar of India's financial, economic, and ethical framework. He emphasized that chartered accountants must remain committed to ethics. 'In this era of rapid technological automation, your integrity is your most valuable asset. Let your work always reflect honesty, fairness, and accountability,' the Deputy CM urged. Becoming a chartered accountant is not merely about passing exams, he said—it is a continuous journey of learning, experience, and personal development. Bhatti stressed that the responsibilities of a chartered accountant are not limited to balancing books—they are partners in progress, guardians of public trust, and guides in resource management. With rapid developments in blockchain, artificial intelligence-based accounting, and digital taxation, he encouraged CA students to upgrade their contemporary knowledge continuously.
Hans India
12-06-2025
- Business
- Hans India
Telangana Deputy CM Emphasises Role of Chartered Accountants in Nation Building
Hyderabad - Deputy Chief Minister Bhatti Vikramarka Mallu delivered an inspiring keynote address at a national-level conference for Chartered Accountant (CA) students, held in Hyderabad. He underscored the significant role of chartered accountants in the management of the country's financial health and security, stating, 'CA is not just a job; it is a partnership in nation building.' Addressing the students, Bhatti highlighted the importance of integrity in the profession, remarking, 'Your honesty is your most valuable asset. In this era of rapid technological change and automation, adhering to ethics has become increasingly vital. Everything you do should reflect honesty, fairness, and responsibility.' The Deputy CM shared the Telangana government's vision for positioning the state on the global map, with a focus on several mega projects. He announced plans to develop Hyderabad as an economic hub for chartered accountants, including the establishment of an Artificial Intelligence Park. 'We are transforming Hyderabad into a global centre through initiatives in IT, pharmaceuticals, textiles, and artificial intelligence,' he explained. Bhatti further noted that Telangana is now competing not only with other Indian states but with developed countries worldwide. He described major projects such as the Regional Ring Road, Musi Revitalisation, and Future City initiatives as landmarks in Telangana's ongoing development. In conclusion, the Deputy CM urged the CA students to advance with knowledge and morality intertwined and called on them to actively participate in Telangana's rise, emphasising the collective effort required to drive the state forward on its path to progress.
