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Business Standard
3 days ago
- Business
- Business Standard
ABB India Ltd Slips 0.26%
ABB India Ltd has added 5.17% over last one month compared to 0.79% fall in BSE Power index and 0.27% rise in the SENSEX ABB India Ltd fell 0.26% today to trade at Rs 6031.95. The BSE Power index is down 0.2% to quote at 6687.54. The index is down 0.79 % over last one month. Among the other constituents of the index, Power Grid Corporation of India Ltd decreased 0.16% and NHPC Ltd lost 0.07% on the day. The BSE Power index went down 14.36 % over last one year compared to the 5.26% surge in benchmark SENSEX. ABB India Ltd has added 5.17% over last one month compared to 0.79% fall in BSE Power index and 0.27% rise in the SENSEX. On the BSE, 44 shares were traded in the counter so far compared with average daily volumes of 9052 shares in the past one month. The stock hit a record high of Rs 9200 on 18 Jun 2024. The stock hit a 52-week low of Rs 4590.05 on 07 Apr 2025.
Time of India
4 days ago
- Business
- Time of India
NHPC CMD flags renewable unpredictability; 8,193 MW operational, 18,873 MW in pipeline to strengthen green transition
New Delhi: NHPC Ltd, India's largest hydropower company, has lined up a renewable energy pipeline exceeding 27,000 MW, including 8,193 MW of operational green capacity, 9,843 MW under construction, and another 9,030 MW under survey, its Chairman and Managing Director Raj Kumar Chaudhary said on Wednesday. Speaking at the ET India Net Zero Forum 2025, Chaudhary said, 'NHPC has 8,193 MW of green capacity in operation, 9,843 MW under construction, and 9,030 MW in survey, including pumped storage projects across Andhra Pradesh, Maharashtra, Gujarat and more — marking a major push towards net zero.' He said India's renewable energy capacity target of 500 GW by 2030 is achievable, adding that the government is enabling the development of green energy corridors to transmit solar power from high-potential regions like Ladakh to demand centres. 'To enable this, 50 GW of renewable bids are planned each year till 2028,' he said. Chaudhary also flagged the challenge of maintaining grid stability due to the unpredictable nature of energy generation from wind and solar sources and stressed the need for increasing generation from alternative clean sources such as green hydrogen and biomass. He said, 'Unpredictability of energy generation via wind, solar energy is a challenge and requires ensuring grid stability as well as generation of more energy from hydrogen and biomass sources.' Highlighting NHPC's role in expanding cross-border clean energy partnerships, Chaudhary said, 'Along with tapping India's hydro and pumped storage potential, the government is also looking to develop hydro projects in neighbouring countries like Nepal and Bhutan. NHPC is already working in Nepal, where hydro potential remains largely untapped.' On the impact of hydropower on the environment, he said, 'Hydro projects are often seen as reducing forest cover, but they actually help increase it. We undertake large-scale afforestation, often doubling the area used, making hydro development a key driver of vegetation and forest growth.' He also said, 'Transition to net zero defines not just our climate goals, but the future of the world's most populous nation and a fast-growing economy. It's not just about emissions — it's about reimagining energy systems, industries, cities and lifestyles.'
Time of India
13-06-2025
- Business
- Time of India
NDMC approves key civic, energy and cultural projects to boost smart city goals, ET Infra
Advt Advt In a stride towards sustainability, smart infrastructure and enhanced civic services, the New Delhi Municipal Council NDMC ) on Thursday cleared several high-impact proposals during its council approvals spanned areas such as renewable energy, smart utilities, sanitation, flood management and cultural council gave the green light to procure 120 MW of renewable energy from NHPC Ltd at Rs 4.62 per unit (including trading margin) for 25 years, a move that aligns with NDMC's green energy transition and aims to meet its peak electricity demand, an official statement from the NDMC projects worth over Rs 40 crore were approved for upgrading electricity and water metering systems in the NDMC area, it improve water management, the council approved a Rs 30.84 crore project for installing over 15,000 smart water meters , replacing faulty or mechanical ones. For electricity, Rs 4.56 crore was sanctioned to replace ageing meters with smart versions, ensuring better monitoring and billing."This will not only improve utility efficiency and reduce losses, but also empower citizens with real-time data and usage insights," the statement preparedness and sanitation also found priority in the meeting, with the NDMC approving Rs 70.44 crore for desilting Sunehari nullah at Lodhi Road, to be executed by the DMRC. Additionally, Rs 5.20 crore was sanctioned for the procurement of hydraulic high-pressure jetting machines to improve drainage maintenance before the monsoon facilitate better hygiene during large-scale public events, Rs 4.18 crore was approved for setting up mobile comfort stations and urinals in high-footfall areas of NDMC a bid to enhance Delhi 's cultural footprint, the council endorsed the allocation of 1 per cent of its annual budget to arts and NDMC Urban Arts and Culture Forum will utilise this fund to organise exhibitions, cultural festivals and community engagement programs."This marks a significant step in integrating art and public life, and promoting heritage and contemporary expression," the statement the council approved multiple employee welfare measures , including amendments to recruitment rules, relaxation of housing regularisation norms, and expansion of health allowances to medical officers and paramedical council noted that all proposals are in line with the vision of "Viksit Bharat@2047", reinforcing NDMC's role as a model civic body for future-ready urban governance.
The Print
12-06-2025
- Business
- The Print
NDMC approves key civic, energy and cultural projects to boost smart city goals
The council gave the green light to procure 120 MW of renewable energy from NHPC Ltd at Rs 4.62 per unit (including trading margin) for 25 years, a move that aligns with NDMC's green energy transition and aims to meet its peak electricity demand, an official statement from the NDMC said. The approvals spanned areas such as renewable energy, smart utilities, sanitation, flood management and cultural development. New Delhi, Jun 12 (PTI) In a stride towards sustainability, smart infrastructure and enhanced civic services, the New Delhi Municipal Council (NDMC) on Thursday cleared several high-impact proposals during its council meeting. Simultaneously, projects worth over Rs 40 crore were approved for upgrading electricity and water metering systems in the NDMC area, it added. To improve water management, the council approved a Rs 30.84 crore project for installing over 15,000 smart water meters, replacing faulty or mechanical ones. For electricity, Rs 4.56 crore was sanctioned to replace ageing meters with smart versions, ensuring better monitoring and billing. 'This will not only improve utility efficiency and reduce losses, but also empower citizens with real-time data and usage insights,' the statement said. Flood preparedness and sanitation also found priority in the meeting, with the NDMC approving Rs 70.44 crore for desilting Sunehari nullah at Lodhi Road, to be executed by the DMRC. Additionally, Rs 5.20 crore was sanctioned for the procurement of hydraulic high-pressure jetting machines to improve drainage maintenance before the monsoon season. To facilitate better hygiene during large-scale public events, Rs 4.18 crore was approved for setting up mobile comfort stations and urinals in high-footfall areas of NDMC jurisdiction. In a bid to enhance Delhi's cultural footprint, the council endorsed the allocation of 1 per cent of its annual budget to arts and culture. The NDMC Urban Arts and Culture Forum will utilise this fund to organise exhibitions, cultural festivals and community engagement programs. 'This marks a significant step in integrating art and public life, and promoting heritage and contemporary expression,' the statement added. Additionally, the council approved multiple employee welfare measures, including amendments to recruitment rules, relaxation of housing regularisation norms, and expansion of health allowances to medical officers and paramedical staff. The council noted that all proposals are in line with the vision of 'Viksit Bharat@2047', reinforcing NDMC's role as a model civic body for future-ready urban governance. PTI MHS RHL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Hindustan Times
12-06-2025
- Business
- Hindustan Times
NDMC approves key civic, energy and cultural projects to boost smart city goals
New Delhi, In a stride towards sustainability, smart infrastructure and enhanced civic services, the New Delhi Municipal Council on Thursday cleared several high-impact proposals during its council meeting. The approvals spanned areas such as renewable energy, smart utilities, sanitation, flood management and cultural development. The council gave the green light to procure 120 MW of renewable energy from NHPC Ltd at ₹4.62 per unit for 25 years, a move that aligns with NDMC's green energy transition and aims to meet its peak electricity demand, an official statement from the NDMC said. Simultaneously, projects worth over ₹40 crore were approved for upgrading electricity and water metering systems in the NDMC area, it added. To improve water management, the council approved a ₹30.84 crore project for installing over 15,000 smart water meters, replacing faulty or mechanical ones. For electricity, ₹4.56 crore was sanctioned to replace ageing meters with smart versions, ensuring better monitoring and billing. "This will not only improve utility efficiency and reduce losses, but also empower citizens with real-time data and usage insights," the statement said. Flood preparedness and sanitation also found priority in the meeting, with the NDMC approving ₹70.44 crore for desilting Sunehari nullah at Lodhi Road, to be executed by the DMRC. Additionally, ₹5.20 crore was sanctioned for the procurement of hydraulic high-pressure jetting machines to improve drainage maintenance before the monsoon season. To facilitate better hygiene during large-scale public events, ₹4.18 crore was approved for setting up mobile comfort stations and urinals in high-footfall areas of NDMC jurisdiction. In a bid to enhance Delhi's cultural footprint, the council endorsed the allocation of 1 per cent of its annual budget to arts and culture. The NDMC Urban Arts and Culture Forum will utilise this fund to organise exhibitions, cultural festivals and community engagement programs. "This marks a significant step in integrating art and public life, and promoting heritage and contemporary expression," the statement added. Additionally, the council approved multiple employee welfare measures, including amendments to recruitment rules, relaxation of housing regularisation norms, and expansion of health allowances to medical officers and paramedical staff. The council noted that all proposals are in line with the vision of "Viksit Bharat@2047", reinforcing NDMC's role as a model civic body for future-ready urban governance.
