The Business Bytes

New Delhi, September 17, 2024 TBB Bureau): To advance NTPC’s green energy and green hydrogen ambitions, NTPC Green Energy Limited (NGEL) has entered into a Joint Venture Agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL), the state-owned power generation company responsible for managing thermal and hydroelectric stations in Rajasthan. The agreement was signed on September 17, 2024, in ...

By Jayajit Dash The AI revolution is rapidly altering the technological landscape, but it comes with a hefty energy demand. The recent collaboration between BlackRock and Microsoft, proposing a $30 billion fund to invest in AI infrastructure, signals that the future of AI is as much about energy and infrastructure as it is about algorithms and code. This partnership highlights ...

Bongaigaon, September 17, 2024 (TBB Bureau): NTPC Bongaigaon marked Vishwakarma Puja with vibrant celebrations across its facilities, honouring Lord Vishwakarma, the Hindu deity of engineering and craftsmanship. The event saw active participation from senior management including Debabrata Kar, General Manager (O&M), and A. Biswas, General Manager (Operation), alongside employees and members of the Ladies Club. The celebration included traditional rituals ...

Rourkela, September 17, 2024 (TBB Bureau): Rourkela Steel Plant (RSP) has entered into a strategic Memorandum of Understanding (MoU) with Balmer Lawrie to secure three dedicated BFNS 22.9 rakes on a lease-and-operate basis for steel transport over distances exceeding 1,000 kilometres. This agreement expands RSP’s fleet to nine BFNS 22.9 LSFTO rakes, which will account for approximately 30 percent of ...

New Delhi, September 17, 2024 (TBB Bureau):  In a significant development for India’s maritime sector, the Ministry of Ports, Shipping & Waterways has announced the appointment of Olympic medalist Manu Bhaker as its new Brand Ambassador. The announcement was made by Union Minister Sarbananda Sonowal today. Manu Bhaker, who has made history as the only Indian to win two individual ...

Angul, September 17, 2024 (TBB Bureau): Jindal Steel & Power (JSP) celebrated the sacred occasion of Lord Vishwakarma Puja at its Angul Plant with profound devotion and active participation from the workforce and local community. Leading the celebration, Angul Location Head Pankaj Malhan, accompanied by his wife Seema Malhan; Executive Director Damodar Mittal, along with his wife Anita Mittal; and ...

Ranchi, September 17, 2024 (TBB Bureau):  In a landmark decision aimed at bolstering India’s energy infrastructure, the Government of India has granted approval for the establishment of Anushakti Vidhyut Nigam Ltd. (ASHVINI), a joint venture between Nuclear Power Corporation of India Limited (NPCIL) and NTPC Ltd. This strategic partnership will empower ASHVINI to build, own, and operate nuclear power plants ...

New Delhi, September 17, 2024 (TBB Bureau): Wholesale inflation reached a four-month low of 1.31% in August, driven by falling prices of vegetables and fuel, despite significant increases in onion and potato prices, according to data released on Tuesday. This marks the second consecutive month of declining wholesale price index (WPI) inflation, following a peak of 3.43% in May. In ...

Ranchi, September 17, 2024 (TBB Bureau): NTPC Coal Mining Headquarters is launching its Swachhta Pakhwada 2024, running from September 17 to October 2, as part of a nationwide initiative by the Indian government to promote cleanliness and sanitation across various sectors. The event commenced on Tuesday with the administration of the Swachhta Pledge by Animesh Jain, Regional Executive Director (Coal ...

Paradip, September 17, 2024 (TBB Bureau): The Paradip Port Authority (PPA) has kicked off its observance of “Swachhta Hi Seva” with a Swachhata Pledge administered by DN Sondhi, FA & CAO, PPA. The pledge was taken by Heads of Departments (HoDs) and Deputy HoDs at the PPA Administrative Building. The Environment Cell of Paradip Port also launched a plantation drive ...