Latest news with #VivekSrivastava
Deccan Herald
8 hours ago
- Business
- Deccan Herald
Suzlon bags 170.1 MW wind energy order from AMPIN
New Delhi, Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, a company statement scope of work includes full project execution, including equipment supply, installation, commissioning, and long-term operations and maintenance services. Total orders from AMPIN Energy stand at 303 Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of shared mission. Together, we're committed to a self-reliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonisation of India's power distribution infrastructure." Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition Limited, said, "This project is a strategic step forward in AMPIN's journey toward a 25 GW renewable energy portfolio by 2030, reinforcing our commitment to delivering clean, dependable power to India's growing Commercial and Industrial sector.'
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Business Standard
10 hours ago
- Business
- Business Standard
Suzlon bags 170.1 MW wind energy order from AMPIN for Andhra's Kurnool
As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW Press Trust of India New Delhi Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra Pradesh. As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, a company statement said. The scope of work includes full project execution, including equipment supply, installation, commissioning, and long-term operations and maintenance services. Total orders from AMPIN Energy stand at 303 MW. Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of shared mission. Together, we're committed to a self-reliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonisation of India's power distribution infrastructure." Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition Limited, said, "This project is a strategic step forward in AMPIN's journey toward a 25 GW renewable energy portfolio by 2030, reinforcing our commitment to delivering clean, dependable power to India's growing Commercial and Industrial sector.
Business Standard
11 hours ago
- Business
- Business Standard
Suzlon Energy rises on winning 170.1 MW wind project order from Ampin
Suzlon Energy added 1.26% to Rs 63.30 after the company said that it has bagged its third successive order from Ampin Energy Transition (AMPIN) for the development of a 170.1 MW wind power project in Kurnool, Andhra Pradesh. This continued collaboration reflects a shared vision to support Indias transition to a cleaner and more self-reliant energy future, driven by domestically manufactured renewable energy solutions, Suzlon Energy said in a regulatory filing. Together, Suzlon and Ampin are playing a pivotal role in making green power both accessible and affordable for Indian businesses, the company added. As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each having a rated capacity of 3.15 MW. The scope of the project includes complete executionfrom equipment supply and installation to commissioning, along with long-term operations and maintenance services. JP Chalasani, chief executive officer, Suzlon Group, stated, Indias decarbonization journey will be won or lost at the distribution level. DISCOMs are the critical link between renewable energy generation and everyday consumptionfrom industries to households. To empower them with reliable, cost efficient clean power is not just a goalits a national imperative. Together, were proving that clean energy isnt just viable its vital, scalable, and transformative for the power sector. Vivek Srivastava, chief executive officer, India Business, Suzlon Group, added, Three orders from AMPIN reflect the power of shared mission. Together; were committed to a selfreliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonization of Indias power distribution infrastructure. Pinaki Bhattacharyya, founder, managing director & CEO, AMPIN Energy Transition, said, Our continued partnership with Suzlon reflects our confidence in their deep expertise in wind energy and their alignment with Indias self reliance goals through local manufacturing. This project is a strategic step forward in AMPINs journey toward a 25 GW renewable energy portfolio by 2030, reinforcing our commitment to delivering clean, dependable power to Indias growing Commercial and Industrial sector. Suzlon Energy is primarily engaged in the business of manufacturing, project execution and operation and maintenance service (OMS) of Wind Turbine Generators (WTGs) and sale of related components of various capacities. The companys consolidated net profit surged 365.2% to Rs 1,182.22 crore on 73.2% jump in revenue from operations to Rs 3,773.54 crore in Q4 FY25 over Q4 FY24.
Hindustan Times
10-06-2025
- Business
- Hindustan Times
13,000 vie for 334 plots at LDA housing scheme; 4-day lottery begins today
Lucknow Development Authority (LDA) will launch its first lottery for its ambitious Anant Nagar (Mohaan Road) Housing Scheme on Tuesday. As many as 13,031 people, who've registered for it, are expected to vie for 334 residential plots under the Adarsh Khand phase of the township. The lottery will be conducted over four days at Indira Gandhi Pratishthan's Mercury Hall. To ensure transparency, it will be streamed live on LDA's official YouTube channel. LDA officials said the response to the scheme reflects the city's housing demand. The online registration for these 334 plots was open between April 4 and May 5. Secretary Vivek Srivastava confirmed that all registered applicants deposited the required registration amount to participate in the draw. Additional secretary Gyanendra Verma said a phased approach was adopted due to the high number of applicants and multiple plot sizes on offer—ranging from 112.5 to 450 square metres. LDA vice-chairman Prathamesh Kumar said the Anant Nagar scheme was being developed across 785 acres and was one of the authority's most expensive townships to date. The township will cater to over 1.5 lakh residents, with plans for 2,100 residential plots, 120 commercial plots, 10,000+ flats across 60 group housing plots, 5,000 buildings for EWS and LIG categories and dedicated PMAY (Pradhan Mantri Awas Yojana) units.
Hans India
08-06-2025
- Business
- Hans India
72 pc Indian firms hit by AI-powered cyberattacks in past year: Report
Nearly 72 per cent of organisations in India have been targeted by Artificial Intelligence (AI)-powered cyberattacks in the past year, a new report said on Sunday. The report released by cybersecurity firm Fortinet and global research agency IDC warns that AI has become a new weapon in the hands of cybercriminals, enabling them to launch faster, more sophisticated, and stealthier attacks than ever before. The findings reveal that these AI-driven threats are not only growing in volume but also becoming increasingly difficult to detect. Many of them exploit vulnerabilities in human behaviour, misconfigured systems, and identity management frameworks -- areas where traditional cybersecurity tools often fall short. The most common AI-enabled threats in India include credential stuffing, brute force attacks, deepfake impersonation in business emails, AI-generated phishing scams, and polymorphic malware that keeps changing to avoid detection. What's more alarming is the lack of preparedness among Indian firms. Only 14 per cent of organisations say they are very confident in their ability to defend against such advanced attacks. Meanwhile, 36 per cent admit that these AI-based threats are outpacing their ability to detect them, and 21 per cent have no systems in place to track them at all -- leaving a huge security gap across industries. "The rise of AI in the cybercriminal toolkit is no longer a future threat -- it's here now," said Simon Piff, Vice-President at IDC Asia-Pacific. "Organisations need to move beyond reactive strategies and adopt predictive, intelligence-driven cybersecurity models to stay ahead," he added. The report also finds that cyber risk has become a constant in the lives of Indian businesses, no longer limited to occasional incidents. Attacks are now targeting cloud infrastructure, software supply chains, and zero-day vulnerabilities. Traditional threats like phishing and ransomware still exist, but newer, more complex attacks -- such as insider threats and cloud misconfigurations -- are seen as more damaging. Vivek Srivastava, Country Manager for India and SAARC at Fortinet, said: "AI is now both the biggest threat and the most powerful defence. Our goal is to help Indian businesses shift from scattered tools to unified, AI-driven security platforms that are built to scale and adapt." Rashish Pandey, Vice President of Marketing and Communications at Fortinet Asia & ANZ, added that the focus is now shifting from just infrastructure to more strategic priorities like identity security, cyber resilience, and access control.
