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  • Kingston Technology DDR5 Overclockable Modules One Step Closer to Reaching Market

    Mumbai (Maharashtra) [India], May 11: Kingston Technology, a world leader in memory products and technology solutions, today announced it has sent overclockable DDR5 modules to its motherboard partners to begin qualification on the next-generation memory platform. Kingston engineered its DDR5 modules with a preset XMP profile but also enabled our motherboard partners to manually adjust the power management integrated circuit (PMIC) beyond the 1.1V DDR5 spec, thus allowing maximum flexibility to overclock. Kingston expects to ship its DDR5 solutions in Q3.

    Memory validation requires the cooperation of the entire computing ecosystem and Kingston has forged close ties with the leading motherboard manufacturers and chipset makers throughout its 33-year history. This step continues the critical process of bringing leading high-performance and overclockable memory solutions to market later this year.

    For over three decades, Kingston has meticulously engineered and has 100% tested every cell on every chip on every module. The methodical testing combined with a lifetime warranty and unmatched customer service has made Kingston the largest third-party memory manufacturer in the world, with over 80% market share. Kingston has also been a longtime member of JEDEC, the governing entity for the microelectronics industry. For over a decade, Kingston has held a seat on the JEDEC board as well, helping set the standards for which all manufacturers follow.

    For more information visit: kingston.com.

  • Ronnie C all set to make his Bollywood debut

    Mumbai (Maharashtra) [India], May 11: Ronnie C is the newest kid in B-town! We hear that the former footballer and entrepreneur is all set to take the plunge into Bollywood and is on the verge of signing a contract with one of the biggest production houses in the country. His debut film is expected to go on floors this year and is set to release in early 2022.

    Aiming for perfection in his chosen field, Ronnie will attend the Los Angeles Acting School to hone his skills as an actor. He is on a 3-month assignment and will train under the international film director and acting coach, Michelle Danner, who has trained renowned actors including Salma Hayek, Henry Cavill, James Franco, Gerard Butler, Penelope Cruz, and Chris Rock. During this training, he will seek an opportunity to meet legendaries in Hollywood who could give him that quantum boost and a solid platform on his return.

    Asking about why Ronnie chose to be an actor over a footballer, he said “I like winning and want to be the best in whatever I do. My hard work will surely be visible to people and I aim to break all walls and become nothing but the best. Football has a limited window but as a born entertainer, acting was always the best option.”

    Ronnie grew up with a passion for football and moved to the United Kingdom when he was 15 to try out for the local club, Bishop’s Stortford. His flair and aptitude in the sport warranted him an opportunity with Southend United FC as a striker and a winger. Ronnie was the first Indian-born player to have played matches for their leagues as part of the first and reserve team for Southend United, Burton Albion and Brentford FC.

    Bollywood is a place for people who dare to dream big. Being an outsider and a newbie in the industry, Ronnie has come a long way to mark his place in B-town. No doubt about his personality but will he be able to make it to the big league? Time will tell.

  • Netweb’s ‘Make in India’ compliant Tyrone servers, launched at MAIT-ETMS 2021

    New Delhi [India], May 11: Netweb Technologies launched the latest TYRONE servers at MAIT-ETMS 2021 in compliance with GOI’s Atmanirbhar Bharat initiative for the complex computing needs of Indian companies.

    Manufacturers’ Association for Information Technology (MAIT), the apex industry body of the IT manufacturing companies in India, organised the 3rd edition of the Electronics Manufacturing Summit (ETMS) from 22nd to 23rd April 2021. A major attraction of this virtual summit was the launch of the TYRONE family of servers by Netweb Technologies. The event was unveiled by the Honorable Minister of State for Communications and Electronics & Information Technology, Shri Sanjay Dhotre, and the Secretary of Ministry of Electronics and Information Technology, Shri Ajay Prakash Sawhney, in the presence of distinguished guests and industry stalwarts.

    In today’s connected world, every business decision is data-backed. Companies face an ever-increasing need to design, develop and implement Private Cloud Solutions, High-Performance Computing Clusters, and Modern Data Centres to augment their management and operations capabilities. However, running data-intensive, highly complex business processes securely, reliably, and, above all, efficiently requires full-fledged solutions involving servers, storage, backups and high-performance computing. And the success of these solutions essentially depends on multiple paradigms like business needs, return of investments and technological cohesiveness. It has always been a challenge for companies to build their business-specific solutions cost-effectively.

    Fortunately, India is fast becoming self-reliant on devising every aspect of complex business process computing solutions. The significant boost behind the achievement comes from cutting-edge innovations by Indian IT manufacturing companies, guidance by apex industry bodies like MAIT and continuous support from the Ministry of Electronics and Information Technology, India. As part of this industry trend, Netweb Technologies delivers TYRONE – the 1st Make in India servers with global standard server solutions.

    “I am proud to see the unveiling of sophisticated, innovatively designed and made-in-India products at MAIT ETMS 2021, including a family of servers. These are the outcome of India’s strategy towards Atmanirbhar in electronic products.” – Mr. Sanjay Dhotre, Minister of State for Communication, Education and Electronics & Information Technology at ETMS 2021.

    Tyrone family of servers is locally manufactured, using the nation’s design and manufacturing capabilities. These servers allow Indian companies of every size to use the right technology blocks according to their business needs and goals without overstepping their IT budget. Besides, locally manufactured chassis and other server parts of the Tyrone range provide support to small-scale Indian electronics manufacturing companies. As part of evolving electronics and IT manufacturing industry ecosystem, Netweb has also utilised its server manufacturing capability to achieve forward and backward integration. Tyrone range of servers is best-suitable for every complex IT and computing needs starting from supercomputing, cloud computing to AI and big data handling.

    “We heartily thank the entire team of Ministry of Electronics & Information Technology for such progressive steps to encourage manufacturing capabilities in India. Netweb has been a leader in manufacturing servers in India since 2008, but with Govt of India’s ‘Make in India’ mission, the Indian OEMs have got the right ecosystem which was due for years.” – Mr. Sanjay Lodha, CEO for Netweb Technologies.

    Netweb Technologies

    For over two decades, Netweb has been at the forefront of building indigenous computing and storage technologies. The company is renowned for deploying supercomputing infrastructure to meet the increased computational demands of corporate, academia and research organisations under India’s National Supercomputing Mission (NSM). Its notable projects include establishing ISRO’s fastest Supercomputer ‘Param-Amber’, India’s one of the fastest Supercomputers listed in the world’s Top 500 fastest supercomputers ‘Param-Yuva-II’ & most recently, a highly advanced data centre for the Jammu & Kashmir region. Netweb’s trademarked innovations such as Kubyts®, Tyrone Container Platform, VERTA®, FluidOS® and Skylus® have revolutionised the manufacturing of ‘Out of the Box’ usable server, workstations and storage systems. The company has offices across 12 locations in India, a high-end manufacturing hub, innovation centres, AI labs, world-class processes, and over 300 employees.

    Visit https://www.netwebtech.com for more details.

  • India’s first own Social Networking Platform “Bharatam”

    Aab India Karega share aur post, apne network pe

    New Delhi [India], May 11: Bharatam is India’s first own Social Networking platform where Indians can securely post, chat and share their moments. For its iOS and Android users, the company has launched its app which is available for download on Play Store and App Store.

    Neeraj Singh Bisht alias “Mister Singh” is the founder of Bharatam. He has launched Bharatam which is India’s own app for promoting the initiative of ‘Make in India’ and ‘Vocal for Local’. He has always believed that one should never give up, learn from mistakes, grow with experiences, and rise with time.

    Speaking on the launch, Mister Singh said, “We are launching this app to facilitate our users with a fast, easy to use, and more secure app. This will allow our users to interact more often with their friends and family. The main motive of launching this platform is to ensure data security and employment generation within our country. People can now enjoy various features on a single platform with more privacy and security.”

    Bharatam is made for the Indian audience which is faster and easier to use, with multiple features. Here, you can connect with friends, family, meet new people with common liking, post pictures and videos, play games, go live. This app also gives freedom to write your heart out with blogs and helps in buying and selling on the Bharatam marketplace. This app is completely managed by the Indians which means your data remains in safe hands.

    Bharatam is India’s first own Social Networking platform. It is a platform of the Indians, by the Indians, and for the Indians. Following the Govt of India’s campaign, this App has been launched to make social India Aatmanirbhar and free from the use of foreign apps.

    This app allows its users to connect with friends, family, meet new people with common liking, post pictures and videos, play games, go live, and other such features.

  • BALCO embraces smart technologies to combat COVID-19 and boost productivity

    Balco Nagar Korba (Chhatisgarh) [India], May 11: Bharat Aluminium Company (BALCO), India’s iconic aluminium producer, has been one of the first companies in India to explore the field of smart technologies in its manufacturing set up to monitor assets and processes and have real-time analytics. Currently, amid the pandemic also, the company has deployed a smart combination of high-end technology and indigenous innovations to ensure the health and safety of employees while maintaining continuity of business operations. BALCO believes in being an innovation driver.

    Speaking on BALCO’s vision and manufacturing prowess Mr. Abhijit Pati, CEO and Director, BALCO, said, “The safety and security of our people and assets are of paramount importance to us. BALCO has been one of the early adopters in India to explore the field of smart technologies in its operational set-up. These investments and skills further bolster the culture of safety and productivity that we have meticulously fostered across the organization. These technologies are standing us in good stead in the wake of COVID-19. We are ensuring a future-ready organization that can sustain production against all odds for a self-reliant India.”

    For integrating smart automation in its plant operations and to cease any manual intervention, BALCO has set up end to end Digital Dashboards for real-time data and trend monitoring of Power Plant operations, ensuring digitalization of the entire process. The digital dashboard is a key driver which gives access to historical data & digitized reports and reduces downtime time, enables quick decision making and analysis without manual intervention. BALCO has also completed the integration of control rooms of the Coal Handling Plant of 540 MW and 1200 MW power plants and has established a Centralized Control Room to avoid hampering of operations in case of any emergency due to the pandemic.

    BALCO embraces smart technologies to combat COVID-19 and boost productivity

    To bolster its security system BALCO has integrated various technological advancements into its security operations which have proven to be transformational in ensuring the safety of people and asset during the pandemic. BALCO has launched an automated and highly sophisticated Centralised Security Operations Centre (CSOC) which has several cutting-edge security solutions ranging from edge-based security analytics for incident detection and response to effective management of security resources on the ground, besides enablement of intelligence collection. Deployment of CSOC enables BALCO’s Security, Traffic Safety, and Supply Chain Security functions to leverage digital intelligence and data insights for better and agile decision making.

    Mr. Deepak Sharma, Safety Officer, RK Transport and Construction (RKTC), BALCO’s logistics partner for coal handling said, “With the integration of digitalization in the traffic management system, the truck movement has become safer and swifter and there are no congestions in traffic. This initiative has brought down the downtime of vehicle movement and has increased productivity.”

    Also, to mitigate the risk of unauthorized entry due to the temporary stopping of Bio-metric entry to curb any transmission of COVID-19, BALCO has added a new feature in its Security application- Sentinel which passively fetches data from the ‘ID Card’ based through ‘NFC technology’. The application enables the user to check the real-time status (Active/In-Active/Blacklisted) of ID cards. An auto-generated email is triggered to CSOC on daily basis consisting of data of the number of ID card checked, a list of Officers who have physically checked the ID card, and generating exception reports.

    Amid the pandemic, BALCO is ensuring proper care of employees, their families, and business partners who have been affected by COVID-19. A 24*7 helpdesk has been set up by BALCO to provide support and answer queries of the community members and provide ambulance services to the people in need. The medical team has been providing daily information to patients via teleconsultation including information about medicine intake, healthy lifestyle, and symptoms. To implement social distancing at the hospital, a home delivery service of medicines for current and retired BALCO employees is being executed.

  • Harsha Narasimhamurthy – an award-winning Wildlife Photographer and Mentor

    Mumbai (Maharashtra) [India], May 10: A young man fuelled by an all-consuming passion for wildlife is known for capturing some of the most breath-taking pictures of wild animals in their natural habitat. His calling and expertise are for tigers as he loves TRACKING them.  Harsha is popularly known as the ‘Catman’ in recognition of his acute sense of intuitions and skill when it comes to tiger tracking. He believes and tells people that Photography is a form of digital painting and one has to give life to a lot of emotions in a picture. Harsha strives to make original, inspiring, and thought-provoking images that raise awareness of nature and wildlife in our ecosystem.

    The ace wildlife photographer, Harsha, has won many awards in recognition of his remarkable work. Some of his notable achievements include Winner of Askary Awards 2016 and Winner – ‘Best Tiger Picture’, Animals Category, YPS Salon 2016, and finalist at the Saevus Youth for Clicks. He is very popular on the social media platforms like Insta, where he has a huge fan following. One of the video footage of a slow-motion of a peacock has fetched him millions of likes on Instagram and has been one of those videos trending for a year now. Some of his works have been published in leading papers across the world. Two tigers fighting from Ranthambore and a leopard drinking water at Gir are some of the most notable pictures across the world.

    Harsha’s passion for wildlife began during childhood when he would spend many hours observing nature and learning about the various bird and animal species. While pursuing his bachelor’s degree in 2010, an NGO came to his hometown to screen a movie on a tiger. This re-sparked the young boy’s interest and he started learning more about tigers. He recounts buying his first camera from the money. After college Harsha started working for an NGO called Watchers India Trust in Karnataka as a part of a volunteering team going to the forest. As he got involved in this work and clicked pictures, he fell in love with nature. He then decided to pursue Photography but realised it was a really tough journey in India as Wildlife Photography doesn’t give you money.

    In 2014 an opportunity came to him in the form of a competition called Youth for Clicks which was hosted by one of the leading wildlife magazines called Saevus and he was one of the top 8 finalists. This motivated him to take up wildlife photography as a profession. Initially, he had to face many challenges and after fighting through a lot of hindrances, he joined a leading photo tour company and gained a lot of experience.

    In a short period, with his dedication and support from his mentors, he became a mentor for many.  Since then, he has trained and guided numerous photography enthusiasts across different parks in India, Sri Lanka, and Africa introducing them to the amazing world of natural history. Mostly seen in dull-coloured clothing with his trusted Nikon Binoculars, Harsha is full of fun and joy says his clients.

  • Concept Investwell Private Limited – A company that helps Investors in Investing ‘WELL’.

    Surat (Gujarat) [India], May 11: Investing is an Art as well as Science, and investing “WELL” requires both of them. As an individual or an institution investing money, one should seek the help of a wealth management company, which takes control of those investments and makes money for everyone involved. We come across one such company involved in providing the best investment solutions for its clients.

    CONCEPT Investwell Private Limited is a boutique investment services company offering Portfolio Management (PMS) value-added services, Investment Advisory (IA), Mutual Fund, Debt Instruments, and Structured Products. Established in 1995, the CONCEPT group has a successful track record of 25 years (Silver Jubilee). The foundation of the company was laid in 1995, during the transformative years of the Capital Market. It was during this time that the promoters Hemant Desai and Varsha Desai decided to offer services of Investment.

    They partner with their clients to understand their investment needs, risk profile and create tailored solutions to help meet them. With leading capabilities across public and private markets, they help investors to understand and manage risks, while making the most of the investment possibilities around them. Considering the wide spectrum of investment options and the need of Investors to understand options properly the company has shifted focus on ‘Investment Advisory’ and ‘Fund Management’ Services’. They leverage their 25 years of experience in risk management to help investors better understand their liabilities and meet them.

    Investing in Equities has become the most preferred way of investment, but most Investors do not know how to approach ‘Equities’ and earn good returns. For them, Company has introduced Fund Management under the brand ‘CONCEPT WEALTH PLUS’. There are 3 PMS plans; Legend, Marvel & AI Dynamic. Legend is a large cap equity plan, Marvel is a mid-cap equity plan and AI Dynamic is a combination of Human Intelligence and Artificial Intelligence. CONCEPT is the first one to blend Artificial Intelligence (AI) in fund management. This is done in collaboration with a US Company.

    They have a brilliant and professional team. Their Fund Manager Siddharth has rich experience of 12 years in managing the funds and has adopted a ‘process driven bottom-up approach’ in the selection of stocks. He is duly assisted by Navid with his Research Team of 8 persons comprising of qualified competent Research Analysts. This team tracks all the stocks in 3 portfolios, their peers, and other prospective good stocks. In advisory services, they look at the current investment which is unattended, analyze it from the angles of unique needs of clients, suggest restructuring in confirmation with the future goals, and provides help in monitoring. This way each specialized investment team owns its specific process—from research through portfolio construction—working in collaboration with the clients.

    It is sustainability that drives financial value in today’s markets and proper market analysis is vital to understanding the true worth of our investments. In this scenario, the Investment Advisory service is unique and helps clients realize the possibilities and is the answer to CREATION OF WEALTH through Investing WELL.

  • Telemedicine is changing healthcare and saving lives in India.

    Prayagraj (Uttar Pradesh)[India], May 10: India’s health care system is close to a collapse due to the devastating effects of the COVID-19 pandemic. With more than 20 million infected citizens and more than 226 thousand deaths, India is going through an unimaginable crisis. Pictures of distraught families counting their dead and sick people being turned away from hospitals amidst the most significant health crisis in history worry the whole planet.

    Relaxation of measures definitely did not help this horrific scenario. Despite warnings of Covid-19 risks, the people of India still enjoyed elaborate wedding parties, sports matches, and festivals. India’s health system was unprepared for the new wave that hit the country so devastatingly. The lack of health care, personnel, beds, and oxygen brought terrible consequences. On top of all that, geographical barriers pose a tremendous challenge for the health system too.

    Many people in India do not have access to primary healthcare.

    A significant portion of India’s population is not getting the most primary health care. The country has a doctor-to-patient ratio of 1:10.189, which is approximately lower than the 1:1,000 recommended by the WHO. The situation in the rural parts of India is devastating – the people need three times as many nurses and five times as many paramedics it has today. The coronavirus has proven the urgent need for a paradigm shift in the provision of primary care. Instead of patients coming to doctors, it should be the other way around. Medical practitioners had to find a way to reach out to society’s most vulnerable and distant parts.

    Access to quality primary care has always been a massive problem in the Indian healthcare system. The country has a devastating shortage of around 600,000 doctors, and over two million nurses reported the Centre for Disease Dynamics, Economics & Policy (CDDEP). There is also a worrying shortage of radiologists; there are over 150.000 of the positions unfilled.

    However, slowly but surely, things are changing for the better.

    Telemedicine is a game-changer

    Thanks to telemedicine which enables treating patients remotely, there is a new horizon in the public health domain of India. Telehealth plays a critical role in India’s health system and is now needed more than ever. It is a technologically and digitally advanced method of health care that has provided immense help to those required during these challenging times. Patients can now connect with doctors and seek advice no matter the distance, merely using smartphones or computers. It’s a much-needed boost to the system that has suffered from the adverse effects of poverty and geographical barriers.

    Sprint Medical offers services in Prayagraj, Uttar Pradesh, and specializes in telemedicine and cares for all of the patient’s health needs. Thanks to the high-end digital solutions, Sprint Medical provides affordable care – anytime, anyplace. Sprint Medical allows the patients to choose the best doctors from all over India and book appointments online. They offer assisted doctor consultations where a nurse will help patients in the process and uses advanced IoT-connected devices that allow doctors to have correct diagnostics virtually.

    The rise of virtual healthcare

    Using integrated end-to-end solutions, doctors can be virtually present to care and follow-up on their remote patients. Sprint Medical collects patient’s real-time vitals, EKG, Blood Glucose Monitoring, risk factors, red flags, and anything else that needs to be checked and monitored.

    Telemedicine has throughout 2020 shown that it’s an excellent medium to provide healthcare to those who lack the chance to get help in person. The method is as efficient as it is cost-effective. Doctors are now able to manage patients and filter out those who need to be hospitalized. For others, doctors use telemedicine to check their symptoms, advise about required tests, medication and do follow-ups.

    Thanks to advanced technology, patients can now be monitored at home, with doctors tracking their progress and intervening if needed. Healthcare is shifting from hospital to home, giving patients the ultimate access to care 24/7 via mobile phones.

    Getting people to use these new digital platforms had its struggling moments, but today, both doctors and patients adopted telemedicine as one of the primary healthcare delivery channels. With all of the OPDs closed due to lockdown, most were still able to maintain the consultation charges identical to the OPDs on these platforms.

    This unprecedented rise in teleconsultations, telepathology, teleradiology, and e-pharmacies is expected to push India’s telemedicine market to reach $5.5 billion by 2025. New telemedicine platforms are popping in India, with start-ups such as Phable, Practo, mFine, CallHealth, and Lybrate.

    Every patient deserves to get at least primary care. The future has come, and it has connected the patient and the doctors. All the information is tracked on Electronic Medical Record platforms vital in creating these care ecosystems in India. Remote healthcare, telemedicine, and teleconsultation meet the unmatched needs of the healthcare resources required.

    Telehealth is the future of medicine.

    The pandemic has proven that all of the parties involved need to invest in developing the tool that is undoubtedly the future of home healthcare. Because of its convenience and cost-effectiveness, remote monitoring and telemedicine services boost the system significantly.

    Telemedicine provides invaluable benefits. There are now devices that can monitor patient’s stats such as pulse, saturation pulse, and ECG in real-time. This data can also be stored and analyzed, enhancing the safety and security outcome of patients at home. Providing a real-time solution depending on real-time information available on the platforms is maybe one of the most significant benefits of this new technology.

    For all these reasons, telemedicine poses a significant improvement in primary healthcare. No less significantly, Telehealth will help the future evolution of science immensely. A large pool of data available for future research and analysis will lead to evolutionary guidelines and breakthroughs.

    Although Virtual Doctor consultation is still somewhat of a novelty in India, citizens have quickly adopted this new pillar of healthcare. This shows that while Covid-19 has impacted India in the most detrimental ways, the country now has an excellent opportunity to become a digital health leader.

  • Lockdown Is the Only Option for India: Dr. Fauci

    Mumbai (Maharashtra) [India], May 10: Considering the ever-increasing chain of Coronavirus in India, Dr. Anthony Fauci, a top epidemiologist in the U.S.A, recommended a few weeks of complete lockdown in the country as an urgent action to restrain the spread of the coronavirus as its lethal second wave bestows no indications of declining.

    In a recent interview with a leading Indian newspaper, Dr. Fauci stated that another most essential thing that India requires is the immediate supplies of medical equipment like surgical masks, oxygen, medications, and PPE kits.

    He further suggested that after looking at the extent of the pandemic crisis, India needs to create a collective crisis team that can meet the medical emergency solicitations and initiates getting everything fixed.

    Without taking the names of any person from any political party, he asserted that the victory over the virus was announced perhaps too early in India, and one of the things that are certainly required at this moment is to completely shut down the country temporarily.

    According to Dr. Fauci, the chief medical advisor to the Biden administration, Apart from shutting down the country temporarily, the need of arranging medical supplies like oxygen, medication, etc., is also the most important thing.

    He additionally compared the situation of India with that of China and said in this prolonged discussion that when China completely shut down after an explosion of Coronavirus patients, they were able to curb the spread and put a halt to the transmission cycle.

    Hence, the temporary shutdown is one thing that must be considered at a national level. A lockdown can be a problematic thing and slow down the economy when executed for a longer term. But it is the ideal solution if implemented for a brief period to stop the spread.

    While many Indian states have imposed a lockdown, Prime Minister Narendra Modi, in his speech last month, said that imposing a lockdown would be the ‘last resort’ to dispense with the enraged pandemic. The Prime Minister further urged states to reassure migrant workers to stay at their sites of work by providing them with assurance for their lives and sustenance.

    Breaking all past records, India in the last few days recorded the highest spike in cases. More than 4 lakh new cases are registered every day, while the record of active patients crossed the 32-lakh mark.

    There have been instances where patients have died because of a shortage of medical amenities, including oxygen supply. In many situations, families of the infected person have to manage for oxygen for their family members as they are not able to get beds and oxygen in hospitals.

    Dr. Fauci said that he read instances of many people coming in the street carrying their family members and hunting for oxygen. They happen to believe there certainly is no medical and central organisation.

    The doctor further commented that vaccination plays a pivotal role in managing the coronavirus circumstance in India. However, in this country of 1.4 billion individuals, only around 2% of the population has been vaccinated, and the country still has a long road to cover.

    This is the reason why the country must work on getting medical aids and supplies for various vaccine manufacturing companies. Additionally, India is the largest vaccine-manufacturing nation in the world. Hence it must level up its potential and capabilities of manufacturing more and more vaccines in India.

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  • KP Group is moving fast in the solar sector, receiving another large order of 12.50 MW CPP

    Bags INR 43 Cr order from specialty chemicals major Anupam Rasayan

    Surat (Gujarat) [India], May 10: KPI Global Infrastructure Limited (KPIGIL), the leading solar energy company from Gujarat, has bagged a 12.50 MW solar power project under the Captive Power Project (CPP) category from Anupam Rasayan India Limited, Surat.

    KPIGIL, a part of the Surat-based KP Group, disclosed in a regulatory filing with the BSE that it has received the Letter of Intent for the 12.50 MW project. The company has already begun work on the INR 43 Cr project at Ochhan village in Gujarat’s Bharuch district, where it has a large solar power park.

    Commenting on the development, KPIGIL CMD Faruk Patel said, “The 12.50 MW solar power project order from Anupam Rasayan is a feather in our cap, and validates the faith of clients in our execution capabilities and expertise. We look forward to executing the project well before the stipulated time.”

    “Solar power costs have fallen sharply in the last few years. Solar power projects for captive use, in particular, can help in significantly reducing the power costs for industries. Moreover, industries can also claim 40% depreciation benefits for income tax purposes,” Mr. KP said, elaborating on the advantages of investing in solar power projects.

    Anupam Rasayan, which came out with its initial public offering in March, is investing INR 43 Cr in the 12.50 MW solar power project in a conscious move towards cutting dependence on non-renewable energy sources, rationalising power costs, and reducing its carbon footprint. The investment is expected to help the company save around Rs.10 Cr per annum by way of lower power costs for the next 25 years.

    It is notable that the BSE-listed KPIGIL has already operationalised close to 100 MW solar power capacity in Sudi, Tanchha, Bhimpura, and Ranada villages of Bharuch so far. The company has set a target of 1,000 MW solar power capacities by 2025 and has also finalized the roadmap.