CAPACITY BUILDING
JSW Energy plans ₹1.15 L cr capex to diversify operations
JSW Energy announces a strategic shift towards becoming an energy products and services provider, with plans to invest ₹1.15 lakh crore in capital expenditure to achieve 20 GW generation capacity and 40 GWh storage capacity by 2030. The company is expanding its portfolio to include new energy solutions like green hydrogen and battery storage systems. JSW Energy's move aligns with industry trends as other players also diversify beyond power generation. Share prices closed higher at ₹736.5 on the BSE after the news.
Telangana in talks with CDAC to set up 20 petaflops compute capacity in Hyderabad
Telangana has requested the IT ministry to establish compute capacity in the proposed AI city in Hyderabad under the National Supercomuting Mission, saying that the Centre for Development of Advanced Computing (CDAC) has shown interest for the same. If the government agrees, some land will be given to them to set this up, Telangana IT secretary Jayesh Ranjan told ET.
Vodafone Idea adds spectrum capacity in Punjab and Haryana circles
Vodafone Idea (Vi) will enhance networks in Punjab and Haryana using L900 and L2100 spectrum, improving coverage in cities like Ludhiana and Amritsar. Rs 18,000 crore was raised prioritizing these areas.
MHA provides training, tech help for rollout of criminal laws
The Ministry of Home Affairs in India has trained 40 lakh grassroots-level functionaries and over 5.65 lakh police, prison, forensic, judicial, and prosecution officials to prepare for the rollout of three new criminal laws, the Bharatiya Nyaya Sanhita 2023, Bharatiya Nagarik Suraksha Sanhita 2023, and Bharatiya Sakshya Adhiniyam 2023.
India will require an additional data centre capacity of 1.7-3.6 Gigawatt: Report
India is poised to become a global data center hub due to its low construction, land, and power costs. With a robust IT ecosystem, the country’s data center capacity is projected to reach 3.29 GW by 2028. However, an additional 1.7–3.6 GW will be required to meet rising demand.
Adani Airports to chart next decade with $21 billion infusion
The business is housed under wholly owned subsidiary Adani Airport Holdings, which currently owns seven operational airports, in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram and Mangalore. Phase I of city-side development across 98 acres at airports in Mumbai, Ahmedabad, Jaipur, Lucknow and Guwahati has begun.
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Uddhav Thackeray's Shiv Sena pushes for 50% Marathi reservation in new Mumbai buildings
In the lead-up to assembly elections, Shiv Sena (UBT) MLC Anil Parab proposed a bill mandating 50% housing quotas for Marathi speakers in new Mumbai projects. Pending approval, it suggests penalties for non-compliance. Legal experts doubt its constitutionality, citing past court rulings against similar quotas. The bill may be introduced this Thursday.
Commercial opening of Noida airport delayed
The construction of the second airport in Delhi-NCR by Noida International Airport Limited (NIAL) owned by Zurich Airport faces delays impacting Indian airlines with capacity constraints. The project aims to bring relief to airlines amidst record aircraft orders and includes a concession agreement with Yamuna Expressway Industrial Development Authority (YEIDA). The project involves key figures like chief minister Rajnath Singh, Durga Shanker Mishra, and approvals from the Directorate General of Civil Aviation (DGCA).
Sri Lanka Police officers in India for specially-designed two-week training course
"At the request of the Sri Lanka Police, the High Commission of India has been facilitating tailor-made capacity building training courses for the personnel of the Sri Lankan Police at the premier police training institutions viz. Central Detective Training Institute (CDTI), Jaipur; CDTI, Hyderabad; CDTI, Kolkata and National Security Guard (NSG), Manesar, in India," the mission said in a press release.
Record $1.8 trillion investment in renewables made in 2023 not enough to meet COP28 goals, says EY report
More than 100 countries at the COP28 climate summit in Dubai last year had agreed to triple renewable energy capacity by 2030 and cut down the use of fossil fuel and emissions, a move seen as vital to avert the worst effects of climate change. The pledge made at COP28 is one of the several energy-related announcements that include new measures and funding to combat methane emissions, agreements to cut coal use and nuclear energy promotion.
Adani Group to invest $100 billion in energy transition, says Gautam Adani
Green hydrogen, which is made by splitting hydrogen from water with the help of electrolyzers powered by clean energy, is seen as a potential panacea for decarbonizing the industry as well as transportation. Speaking at 'Infrastructure - the Catalyst for India's Future' event of Crisil, Adani Group chairman Gautam Adani said energy transition and digital infrastructure are trillion-dollar opportunities which will transform India both at a local and at a global scale.
By 2032, India infrastructure spending will surpass $2.5 trillion, says Adani
The Adani Group, he said, will invest over $100 billion (around ₹8.35 lakh crore) over the next decade in energy transition projects and in manufacturing every major component required for green energy generation. Adani Green Energy is building solar and wind parks. The group is also building facilities to manufacture electrolyzers to make green hydrogen, wind power turbines and solar panels.
Adani gets Green nod for Rs 45,000 cr Mundra Port capacity expansion
Gautam Adani-led Adani Ports & Special Economic Zone Ltd (APSEZ) has received the key environmental and coastal regulation zone approval from the Centre to more than double the capacity of its flagship port located at Mundra to 514 million tonnes with an investment of ₹45,000 crore.
Modi 3.0's agenda for Indian Railways: Focus on capacity expansion with new Vande Bharat, Amrit Bharat trains and reduced wait times
The Modi-led NDA government's third term focuses on infrastructure development, with Indian Railways enhancing passenger and cargo capacity. Key areas include increasing capacity, reducing waitlists, introducing new trains like Vande Bharat and Amrit Bharat, and enhancing safety measures. Modernization efforts aim to improve the passenger experience, with initiatives like the new sleeper variant of the Vande Bharat Express. The Integral Coach Factory is tasked with domestically producing bullet trains, reflecting a commitment to 'Make in India' and infrastructure growth
Adani Total considering building more plants in India for LNG import
The company has a plan to double the capacity of its 5 million metric tonnes-per-year Dhamra LNG terminal in Eastern India, CEO Satinder Pal Singh said, adding that the terminal is operating at about 52% capacity.
Fortis lines up Rs 1,300 cr capex to expand existing hospitals
Fortis Healthcare is investing up to Rs 1,300 crore in expanding capacities at existing hospitals over the next few years, according to a senior company executive. The healthcare provider aims to add around 2,200 beds over the next few years.
LNG terminals get busier as imports balloon
Capacity utilisation at most import terminals increased during the year, with utilisation rising to 95% from 78% in FY23 at India's largest import terminal at Dahej, showed oil ministry data. Petronet LNG operates the Dahej terminal in Gujarat. Its other terminal at Kochi operated at 21% capacity in FY24, up from 19%.
Development path for India will not be the same as that of China: Capacity Building Commission Chairman
As India moves towards the mission of 'Viksit Bharat' and becoming a developed country by 2047, the development path for India will not be the same as that of China as they have a different environment and capabilities, Chairman of the Capacity Building Commission Adil Zainulbhai has said.
Ready to build high-capacity nuclear power units at new site in India: Russia
Russia and India are set to expand cooperation in atomic energy. There are plans to construct high-capacity nuclear power units at a new site in India. Department of Atomic Energy secretary Ajit Kumar Mohanty and Rosatom State Atomic Energy Corporation of Russia Director General Alexey Likhachev discussed enhancing nuclear energy collaboration during a visit to the Pilot Demonstration Energy Complex in Russia. Likhachev expressed readiness for extensive cooperation covering various nuclear energy applications.
Pieter Elbers explains what is driving up IndiGo profitability and double-digit capacity guidance for FY25
Pieter Elbers, CEO of InterGlobe Aviation, highlights IndiGo's unique position with over 50 planes delivered annually. Q4 revenue drivers include Indian market growth and strategic initiatives. He discusses the seasonally weak Q4 yields and predicts similar revenue environment for Q1 FY25. Elbers says their strategy is starting to take shape and resonating very well for all the different initiatives.
Meghalaya State Council address the need for framework to protect catchment areas from further degradation
Meghalaya State Council on Climate Change & Sustainable Development discussed amendments to the Meghalaya Protection of Catchment Areas Act, 1990 to protect critical areas from degradation. The meeting under Chief Minister Conrad K. Sangma focused on leveraging community institutions for climate action, highlighting the development of a GIS-based technology platform for village-level interventions.
Manipur's proactive initiatives to rebuilding lives and communities affected by the conflict
State Government of Manipur initiates diverse relief efforts, including skill training in hospitality and healthcare restoration for ethnic conflict victims. Emphasis on long-term solutions to foster societal well-being and economic growth in the region.
Maldives and India look to move forward, give direction to ties
Maldives foreign minister Moosa Zameer has expressed the Muizzu government's willingness to work with India, despite external affairs minister S Jaishankar's emphasis on mutual interests and reciprocal sensitivity. The two sides discussed India-funded projects in the Maldives during a meeting. Zameer's visit amid anti-India rhetoric in the Maldives is a signal that the Muizzu administration is trying to establish a working relationship.
IOC to invest Rs 5,215 cr to build 1GW renewable energy capacity
Indian Oil Corp announced a Rs 5,215 crore investment to develop 1 GW of renewable energy capacity in India. The plan includes setting up standalone solar, wind, or hybrid projects. Indian Oil will invest Rs 1,304 crore in equity and establish a renewable energy subsidiary.
Govt issues guidelines for training of assessors under Skills India Mission
The guidelines, issued by the National Council for Vocational Education and Training, under the ministry of skills development and education, will impart both domain and platform skills to them to enable assessors to enable them to focus on learning outcomes and competency-based assessments.
iFOREST study reveals Assam's surging renewable energy potential, surpassing prior assessments by govt agencies
The reassessed RE potential is adequate to support a low-carbon pathway to meet the state's growing electricity demand. While an increased commitment to RE projects is already visible in the state, there are limitations to growth that need to be addressed through policy tightening and institutional capacity building.
Rooftop solar plants to be installed in 645 Delhi govt, MCD buildings, will create 50 MW capacity
The Delhi government has approved a solar policy to install rooftop solar plants on 645 buildings, including educational institutions and healthcare facilities. The initiative will help make the government buildings more energy-efficient, resulting in these becoming sustainable and completing their energy needs through self generation of power.
India’s first Gati Shakti Research Chair established at IIM Shillong
The Union Minister of Ports, Shipping & Waterways attended the MoU signing ceremony between MoPSW and IIM to establish India's first 'Gati Shakti Research Chair'. The chair will spearhead academic research on multimodal logistics with a North-East focus and foster collaboration with global experts. It will also collaborate with the logistics industry, government bodies, and local authorities.
Soldier, bureaucrats awarded for advancing communities in tough times
The Capacity Building Commission recognized innovative bureaucrats who contributed to social change, including Major General Hariharan Dharmarajan, Ankit Goyal, Varnali Deka, and Ayush Prasad. Praveen Pardeshi initiated the recognition to inspire more officers for out-of-the-box solutions.
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