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Time of India
24-07-2025
- Business
- Time of India
Varanasi Development Authority develops 'Net Zero library'
VARANASI: The is developing a Net Zero Library, a symbol of knowledge, culture, and sustainable development in Varanasi. An MoU was signed by the heads of NHPC Limited (CSR & SD) and VDA's additional secretary regarding the "Net Zero Library" project on Wednesday in the presence of VDA Vice Chairman, Pulkit Garg, and NHPC Limited's Director, Uttam Lal. As part of an innovative initiative in Varanasi, the construction of the Net Zero Library is proposed, offering a remarkable blend of environmental balance, cultural awareness, and modern educational facilities. This project will serve as a milestone in line with Prime Minister Narendra Modi's commitment to making India net zero carbon emissions by 2070. The library is being developed by the VDA with financial support from NHPC Limited, aiming to establish the spiritual city of Varanasi as an ideal model of sustainable urban development, with a total cost of Rs 20 crores. According to VDA officials, the library's wave-like façade is inspired by the sacred Ganga, reflecting the architecture of traditional worship sites. Arches, vertical lines, and illuminated corridors give it the form of a temple of knowledge. The building is a balanced blend of modernity and tradition. Spread across three floors, the library will have a multipurpose auditorium, children's reading area, cafeteria, and toy zone on the ground floor. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dementia Has Been Linked To a Common Habit. Do You Do It? Brain Health Learn More Undo The first floor of the library will have large reading rooms, a digital library, and a historical-cultural gallery, while the second floor will include a building management system and a biodiverse green terrace. The sustainable and smart structure will be equipped with a solar-powered roof, rainwater harvesting system, energy-efficient HVAC and lighting systems, environmentally friendly construction materials, water waste treatment and reuse system, 40% energy savings through chilled water circulation, and a smart water monitoring and leak detection system. The library's total built-up area is 20,930 square feet with user capacity for 500 people and over 35,000 books. This library is fully accessible for individuals of all ages, classes, and abilities. Separate areas are designated for cultural events, workshops, and administrative activities. This library will not only be a reading space but also a centre for community engagement, lifelong learning, and cultural expression. It represents a forward-looking and sustainable initiative for the comprehensive development of Varanasi.
Economic Times
17-07-2025
- Business
- Economic Times
PNC Infratech shares rise 5% after emerging as lowest Bidder for NHPC solar power project
Shares of PNC Infratech jumped 5% to Rs 327 in Thursday's trading session after the company announced it had been declared as one of the Lowest (L1) Bidders for a significant renewable energy project floated by NHPC Limited. ADVERTISEMENT On July 16, 2025, the company announced through an exchange filing under SEBI's Listing Regulations that it had secured a key allocation in NHPC's large-scale tender for 1,200 MW of ISTS-connected solar power projects, combined with 600 MW/2400 MWh of energy storage systems (ESS). The contract was awarded via the Tariff-Based Competitive Bidding (TBCB) process at a quoted tariff of Rs 3.13 per kWh. As part of this tender, PNC Infratech has been awarded a 300 MW solar project, along with a 150 MW / 600 MWh energy storage system, to be developed anywhere in India under ISTS guidelines. The award was finalized via an online reverse auction held on 15th July 2025. Awarding Agency: NHPC Limited (as Renewable Energy Implementing Agency) Project Size: 300 MW solar + 150 MW / 600 MWh energy storage Quoted Tariff: Rs 3.13/kWh Execution Timeline: Project supply to begin within 24 months from PPA signing; PPA tenure is 25 years This win marks another strategic step for PNC Infratech in the clean energy space, aligning with India's accelerating push toward renewable energy capacity expansion. The stock had touched its 52-week high of Rs 534 on 16th July 2024, while the 52-week low stands at Rs 240, indicating a wide trading range over the past year. From a technical standpoint, the stock is in a bullish zone, trading above all 8 key Simple Moving Averages (SMAs) — from the short-term 5-day SMA to the long-term 200-day SMA. This alignment typically reflects sustained upward momentum and continued investor confidence in the stock's price action. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
17-07-2025
- Business
- Time of India
PNC Infratech shares rise 5% after emerging as lowest Bidder for NHPC solar power project
Shares of PNC Infratech jumped 5% to Rs 327 in Thursday's trading session after the company announced it had been declared as one of the Lowest (L1) Bidders for a significant renewable energy project floated by NHPC Limited . On July 16, 2025, the company announced through an exchange filing under SEBI's Listing Regulations that it had secured a key allocation in NHPC's large-scale tender for 1,200 MW of ISTS-connected solar power projects, combined with 600 MW/2400 MWh of energy storage systems (ESS). The contract was awarded via the Tariff-Based Competitive Bidding (TBCB) process at a quoted tariff of Rs 3.13 per kWh. Explore courses from Top Institutes in Select a Course Category CXO Data Science Digital Marketing Others MCA healthcare Degree Finance Leadership Data Science others MBA Healthcare Project Management Public Policy Technology PGDM Data Analytics Operations Management Management Product Management Artificial Intelligence Cybersecurity Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details As part of this tender, PNC Infratech has been awarded a 300 MW solar project, along with a 150 MW / 600 MWh energy storage system, to be developed anywhere in India under ISTS guidelines. The award was finalized via an online reverse auction held on 15th July 2025. Key Details of the Award: Awarding Agency: NHPC Limited (as Renewable Energy Implementing Agency) Project Size: 300 MW solar + 150 MW / 600 MWh energy storage Quoted Tariff: Rs 3.13/kWh Execution Timeline: Project supply to begin within 24 months from PPA signing; PPA tenure is 25 years This win marks another strategic step for PNC Infratech in the clean energy space, aligning with India's accelerating push toward renewable energy capacity expansion. Price and Technical Overview The stock had touched its 52-week high of Rs 534 on 16th July 2024, while the 52-week low stands at Rs 240, indicating a wide trading range over the past year. From a technical standpoint, the stock is in a bullish zone, trading above all 8 key Simple Moving Averages (SMAs) — from the short-term 5-day SMA to the long-term 200-day SMA. This alignment typically reflects sustained upward momentum and continued investor confidence in the stock's price action.
Business Upturn
17-07-2025
- Business
- Business Upturn
PNC Infratech share jump 5% after winning NHPC's 300 MW solar energy project
PNC Infratech shares surged 5% in morning trade on July 17 after the company announced a significant win in the renewable energy space. As of 9:26 AM, the shares were trading 5.86% higher at Rs 329.50. On July 16, the company said it had emerged as one of the lowest bidders (L1) for a major solar power project floated by NHPC Limited. The project involves setting up a 300 MW ISTS-connected solar plant along with a 150 MW / 600 MWh energy storage system (ESS), to be developed anywhere in India. This contract was part of NHPC's larger bid for 1,200 MW of solar capacity with storage, offered under the Tariff-Based Competitive Bidding route. PNC secured its allocation at a tariff of ₹3.13 per kilowatt-hour, following an online reverse auction held a day prior to the announcement. The company will have 24 months from the signing of the Power Purchase Agreement to begin supply, and the agreement will run for a 25-year term. This development marks another key milestone for PNC in its renewable journey and signals its growing focus on clean energy projects. Investors responded positively, pushing the stock higher as the deal adds strength and visibility to its green energy portfolio. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
30-06-2025
- Business
- Business Upturn
NHPC commissions 53.57 MW of Bikaner solar project's fourth phase, total operational capacity reaches 214.28 MW
By Aditya Bhagchandani Published on June 30, 2025, 21:26 IST NHPC Limited has announced the commissioning of 53.57 MW under the fourth phase of its 300 MW Grid Connected Solar PV Project at Karnisar, Bikaner in Rajasthan. The new capacity became commercially operational on June 30, 2025, following successful trial runs completed on June 29, 2025. With this addition, the total commercial operational capacity of the Bikaner solar project has now reached 214.28 MW out of the planned 300 MW. NHPC stated that the commissioning of the remaining capacity will be informed in due course. The company shared this update in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This milestone further strengthens NHPC's renewable energy portfolio as it continues expanding its solar power capacity across India. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
