This achievement marks a growth rate of 6.5% compared to the previous fiscal year 2021-22. DVC operates thermal and hydropower plants throughout the Damodar River basin, boasting a total installed capacity exceeding 7,000 megawatts. Additionally, DVC has ventured into solar power generation, further diversifying its energy portfolio.
Recent Expansion into Other States
In a noteworthy development, DVC recently forged a partnership with Avaada Energy, a private sector entity, to supply electricity in Gujarat. The agreement, signed in mid-March, entails a 25-year Power Purchasing Agreement (PPA) under the auspices of the power ministry’s scheme. Avaada Energy, the renewable energy arm of Avaada Group, becomes the first organization in India to engage in a PPA under the power ministry’s scheme for integrating thermal/hydro power stations with renewable energy and storage power. Vineet Mittal, Chairperson of Avaada Group, remarked, “Following the agreement signing, Avaada Energy has achieved a significant milestone in pioneering flexibility in generation and scheduling of thermal/ hydro power stations through bundling with renewable energy and storage power” (Economic Times, March 19th, 2024).
هذه القصة مأخوذة من طبعة May 01 - 31, 2024 من BUSINESS ECONOMICS.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 01 - 31, 2024 من BUSINESS ECONOMICS.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
"Spirituality is the search for the meaning of our existence and the purpose we serve."
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Some schemes welcomed, but real allocation declines
In the Annual Budget, the Finance Minister allocated ₹1.37 lakh crore to the Ministry of Agriculture and Farmers' Welfare, compared to ₹ 1.32 lakh crore in the previous budget.
Of Benchmarks & Benefits
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Sajjan Jindal, JSW Group Chairman receives 'Business Leader of the Decade' award
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India needs Development Finance Institutions: Bridging the Gap for MSMEs
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Rate cut to boost demand, says RBI Report
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TACKLING INFLATION
India's retail inflation stood at 4.31 percent in January, marking a five-month low and a crucial moment in economic policy.
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Falta Special Economic Zone : it's contribution in the overall socio-economic development of the region
Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ. Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ.
