logo
#

Latest news with #KPCL

Western Ghats under direct threat from Sharavathi project: Report
Western Ghats under direct threat from Sharavathi project: Report

Time of India

time20-05-2025

  • General
  • Time of India

Western Ghats under direct threat from Sharavathi project: Report

Western Ghats Karnataka Power Corporation Limited Lion-Tailed Macaque biodiversity conservation environmental clearance Varahi Pumped Storage Project A report from a city-based non-governmental organisation has highlighted that legally protected wildlife sanctuaries in theare under direct threat from various projects, especially the Sharavathi Pumped Storage to the report by Mapping Malnad, the's (KPCL) Sharavathi Pumped Storage Hydroelectric Project is advancing based on 'inadequate, misleading, and flawed data,' raising significant environmental and legal concerns. The project, which proposes to divert 279 acres of dense evergreen and semi-evergreen forests in the Sharavathi(LTM) Wildlife Sanctuary, has already been approved by the State Wildlife Board and the Karnataka government. It now awaits Stage-I approval from the Ministry of Environment, Forests and Climate Change (MoEF&CC).'This project will create a system that consumes eight hours of coal-powered energy to generate just six hours of hydropower. It is fundamentally inefficient and results in a net energy loss,' said Nirmala Gowda, founder of Mapping Malnad. 'More critically, it opens up dense evergreen forests—vital carbon sinks and turns them into carbon sources.'The report argues that the project, while marketed as a green initiative to stabilise the power grid, is actually a setback to climate goals and. It also warns that the project'shas been obtained by misrepresenting forest land use. KPCL claimed a requirement of 39.79 hectares in its application, but clearance was granted for 54.155 hectares. As per the Forest (Conservation) Rules, any diversion above 50 hectares necessitates a Biodiversity Impact Assessment—one that KPCL successfully avoided through while KPCL claimed only 20 trees would be felled, Mapping Malnad estimates the true number at over 16,000, including massive girth evergreen trees. The project also involves the use of 18,000 tons of industrial explosives and will generate approximately 14.49 lakh cubic metres of excavated muck adding to the environmental sanctuary is a crucial habitat for numerous endangered species, particularly the Lion-tailed Macaque, a primate found only in the Western Ghats. The Wildlife (Protection) Act, 1972 allows diversions within sanctuaries only if they are in the interest of wildlife, a standard that, the report argues, this project fails to said that project documents submitted to authorities contain misinformation and key omissions that compromise the integrity of the clearance process. The project has also been fragmented into smaller components, which environmentalists say is a tactic used to bypass comprehensive review of its ecological the Sharavathi project is not an isolated case. The report flags that the proposedwill require about 612 acres from the Someshwara and Mookambika Wildlife Sanctuaries. It warns that the approvals granted so far are setting a dangerous precedent, with at least 11 more such projects potentially targeting protected areas across the Western Ghats.'No hydroelectric project that clears 279 acres of evergreen habitat, fells nearly 15,000 trees, and disrupts a fragile forest ecosystem can credibly claim to be in the interest of wildlife,' Gowda said. 'Yet, the Karnataka government has greenlit it.'The report was developed in consultation with grassroots activists and reflects growing citizen concern over weakening environmental governance. Gowda called for the immediate establishment of a 'Western Ghats Ecology Authority' to strengthen protections and ensure accountability.'These forests are not just ecological treasures—they are also Bengaluru's most vital water infrastructure,' she said. 'We hope the authorities will reconsider this project in light of the facts. It simply doesn't make sense.'

Quality testing of ash from Bidadi plant under way; to be used in making construction materials
Quality testing of ash from Bidadi plant under way; to be used in making construction materials

The Hindu

time15-05-2025

  • General
  • The Hindu

Quality testing of ash from Bidadi plant under way; to be used in making construction materials

Around 10,621 tonnes of ash has been generated at the Karnataka Power Corporation Limited's (KPCL) first of its kind waste-to-energy (WtE) plant in Bidadi until the end of April. While this ash, which remains after the incineration of waste for energy is being disposed of into landfills so far, the KPCL plans to generate some revenue by selling this ash to cement factories. Among the ash generated at the plant, 9,214 tonnes have been categorised as bottom ash, which is collected, and 1,407 tonnes have been categorised as fly ash, which is released into the atmosphere after treatment. The ash generated in coal plants is generally used in cement factories. Now, tests are being conducted to find out if the ash from the WtE plant can be used for the same purpose. A sample of ash from the plant is being tested by the Indian Institute of Science (IISc) to analyse if its quality is suitable for being used in the making of construction materials. 'The sample has been taken by the IISc team. If the quality is equivalent to that of coal ash, then it can be used by cement factories,' said Satish Kumar H., executive engineer (Bidadi), KPC Gas Power Corporation Limited. Ever since the plant was commissioned, residents nearby and others have raised concerns about the hazardous nature of the ash, especially fly ash. Clarifying on this, Mr. Kumar said: 'In the evaporation cooler of the plant, we douse the ash with lime, ammonia, and activated carbon. All the gases that are hazardous to the atmosphere are nullified in this process. The officials from the National Green Tribunal (NGT) recently visited and checked all the parameters and confirmed it was not hazardous.' A scientist from IISc said that the testing is still in the initial stage. 'We have collected the sample as part of a systematic study of technologies like the WtE in Bidadi across India. We will explore how the ash can be used through the study,' said Prakash Singh, from the Centre for Sustainable Technologies, IISc. Logistics a challenge Gaurav Gupta, Additional Chief Secretary, Energy Department and the managing director of KPCL, said that while the testing is under way, the logistics for the transportation of the ash is yet to be figured out. 'There are no cement factories in the southern parts of the State, and we might have to incur a substantial cost to transport the ash to the factories, which are far. We are exploring options for the same without incurring financial strain,' Mr. Gupta said. For now, the bottom ash is being disposed of in landfills by the Bruhat Bengaluru Mahanagara Palike (BBMP), in association with whom the plant has been set up.

105% Return In 2 Years: SmallCap Company Announces 325% Final Dividend, Do You Own?
105% Return In 2 Years: SmallCap Company Announces 325% Final Dividend, Do You Own?

News18

time24-04-2025

  • Business
  • News18

105% Return In 2 Years: SmallCap Company Announces 325% Final Dividend, Do You Own?

Last Updated: Kirloskar Pneumatic Company Ltd. declared a final dividend of 325% at Rs 6.50 per share for FY2024-25. KPCL reported a 23% revenue growth. Dividend Alert: Kirloskar Pneumatic Company Ltd. (KPCL) on Thursday declared the final dividend of 325 per cent at Rs 6.50 per share for FY2024-25. KPCL announced the results for FY25 with 23 per cent growth over the previous year FY24. Revenue from operations and PBT for the year showed significant growth over the previous year by over 23 % at Rs. 1629 Cr with PBT of Rs. 281 Cr ( Rs 178 Cr ) which is 17% of sales. Total Income stood at Rs. 1651 Cr compared to Rs. 1342 Cr of FY2024. With Rs 6.50 per share dividend, the total dividend for FY25 reached to 500% (Rs 3.50 + Rs 6.50). This marks the highest dividend payout in the company's history. Order book stood around Rs. 1,624 Cr as on 1st April 25, which is 12% higher than at the beginning of year. (Rs.1,475 Cr as on 1st April 2024). Kirloskar Pneumatic has a market cap of Rs 8,023 crore and is part of BSE SmallCap. Kirloskar Pneumatic Business Update • Revenue from operations of Rs. 583 Cr for Q4-FY25 as against Rs. 490 Cr for Q4 FY24; 19% growth Y-o-Y. • Total Income of Rs. 588 Cr for Q4-FY25 as against Rs. 496 Cr for Q4-FY24; 19% growth Y-o-Y. • EBITDA for Q4-FY25 at 19.6% (Rs. 112 Cr) as against 19.7% (Rs. 89 Cr) for Q4-FY24. • PBT for Q4-FY25 at Rs. 105 Cr as against Rs. 81 Cr for Q4-FY24; 30% increase Y-o-Y • PAT for Q4-FY25 at Rs.81 Cr as against Rs.60 Cr for Q4-FY24; 35% increase Y-o-Y • Basic EPS for Q4-FY25 at Rs. 12.44 per share against Rs. 9.31 per share in Q4-FY24. • Revenue from operations was at Rs. 1629 Cr in FY25 as against Rs. 1323 Cr in FY24, witnessing a growth of about 23%. • Consequentially total Income stood at Rs. 1651 Cr as against Rs. 1342 Cr in FY24. This is a significant increase from FY24's Rs. 178 Cr, which was 13.3% of the total income. This represents robust growth of 58% compared to the previous year. • Profit after tax stood at Rs. 211 Cr as against Rs. 133 Cr in FY24. • Basic EPS in CY improved to Rs. 32.56 per share compared to Rs. 20.60 per share in PY. Kirloskar Pneumatic Share Price History Examining a longer timeframe, the three-month period reveals a slight gain of 3.40, which is a 0.28% rise, while the Sensex increased by 4.80% and BSE Industrials fell by 1.71%. Year-to-date, the share price dropped significantly by 303.35, reflecting a 19.72% decline, whereas the Sensex and BSE Industrials indices had changes of 1.71% and -12.06%. Over six months, the share price fell by 102.10, a 7.64% decrease, compared to the Sensex's small decline of 0.27% and BSE Industrials' 9.27% drop. On a one-year basis, the share price increased substantially by 439.15, a 55.19% rise, while the Sensex and BSE Industrials indices increased by 8.12% and decreased by 0.89%, respectively. Looking at the two-year mark, the share price surged by 633.50, a remarkable 105.34% rise, with the Sensex increasing by 32.96%. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store