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RSP signs landmark agreement with Adani Enterprises to boost iron ore production

Rourkela, November 21, 2024 (TBB Bureau): In a significant move to strengthen its raw material base and support the growth of India’s steel industry, Rourkela Steel Plant (RSP) has entered into a strategic long-term agreement with Adani Enterprises Limited to develop and operate the Taldih Iron Mine. This ambitious project, based on the Mines Developer and Operator (MDO) model, aims ...

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Vedanta’s “Swarna Prashan” initiative enhances health of over 6,400 schoolchildren in Rayagada and Kalahandi

Bhubaneswar, November 21, 2024 (TBB Bureau): In a remarkable effort to foster the health and well-being of children in Odisha’s underserved regions, Vedanta Aluminium, India’s largest aluminium producer, has expanded its pioneering “Swarna Prashan” initiative. This initiative has already benefited over 6,400 students from 15 government schools across Rayagada and Kalahandi districts, reinforcing Vedanta’s commitment to holistic community development. Speaking ...

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Centre launches VISION portal to empower underprivileged youth with skills and innovation

New Delhi, November 21, 2024 (TBB Bureau): The Central Government on Thursday launched the ‘Viksit Bharat Initiative for Student Innovation and Outreach Network’ (VISION) portal, a transformative platform designed to nurture education, skill development, and innovation among underprivileged children across India. Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, launched the portal in the national ...

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Tata Power partners with Asian Development Bank to drive India’s clean energy future with $4.25 billion financing agreement

Mumbai, November 21, 2024 (TBB Bureau): Tata Power, a pioneer in India’s energy sector, has signed a groundbreaking Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to evaluate financing of $4.25 billion for transformative clean energy projects. The agreement, signed during the COP29 Climate Conference in Baku, Azerbaijan, marks a significant step toward advancing India’s energy transition and ...

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Dharmendra Pradhan calls for synergy in development at RPDAC Meeting in Angul

Angul, November 20, 2024 (TBB Bureau): Union Education Minister Dharmendra Pradhan on Wednesday emphasized the importance of fostering synergy and continuous dialogue between the District Administration and Jindal Steel & Power (JSP) to ensure the success of ongoing development initiatives during the second Rehabilitation and Periphery Development Advisory Committee (RPDAC) meeting for JSP’s Utkal B1, B2, and C Coal Mines. ...

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Over 50GW of solar installations in India protected by Socomec PV disconnect switches

Chennai, November 20, 2024 (TBB Bureau): Socomec India, a leader in power management solutions, has reached an extraordinary milestone by providing its advanced Photovoltaic (PV) disconnect switches for over 50GW of solar installations. This achievement represents more than half of the total 90GW of solar capacity installed in the country, underscoring Socomec’s vital contribution to India’s ambitious renewable energy targets ...

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Vedanta Aluminium partners with GAIL Gas Limited for sustainable aluminium production

New Delhi, November 20, 2024 (TBB Bureau): In a landmark step towards sustainable industrial practices, Vedanta Aluminium, India’s largest aluminium producer, has inked a Gas Sales Agreement (GSA) with GAIL Gas Limited, a subsidiary of GAIL (India) Limited. This collaboration will power Vedanta’s world-renowned Jharsuguda smelter, the largest aluminium plant globally, with natural gas, marking a pivotal transition to cleaner ...

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Edible oil market faces global challenges: Priyam Patel calls for self-reliance at industry meet

Ahmedabad, November 20, 2024 (TBB Bureau): The 21st Annual Convention of the Gujarat State Edible Oil Association witnessed a thought-provoking address by Priyam Patel, Managing Director of NK Proteins Pvt Ltd and Chairman of the West Zone of the Solvent Extractors’ Association of India (SEA). Patel’s comprehensive analysis of global edible oil market trends, consumer safety concerns, and India’s dependency ...

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RBI hosts MSME Town Hall meeting in Bolangir to strengthen financial inclusion

Bolangir, November 19, 2024 (TBB Bureau): The Reserve Bank of India (RBI), Bhubaneswar Regional Office, successfully conducted a Town Hall meeting on MSME-related issues in Bolangir on Tuesday. The event aimed at empowering Micro, Small, and Medium Enterprises (MSMEs) by enhancing their awareness of banking facilities and promoting their integration into the formal banking system. The meeting was presided over ...

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