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Time of India
09-08-2025
- Business
- Time of India
Subansiri dam: NHPC installs 395-tonne generator stator
1 2 3 4 5 6 Dibrugarh: The National Hydroelectric Power Corporation's (NHPC) 2,000 MW Subansiri Lower Hydroelectric Project reached a milestone on Friday with the successful installation of the generator stator for unit 5, marking a crucial step towards the commissioning of the mega hydropower project. The 395-tonne component, featuring an 11.5-metre bore diameter, was lowered into the generator barrel in a complex engineering operation that signals renewed momentum for the long-delayed infrastructure project. The achievement represents the largest generator installation among all Indian hydro projects to date. "This significant achievement paves the way for early commissioning of 5 units (1,250 MW) out of the total eight units of the project. Each of the eight 250 MW units operates with an independent water conductor system, which is a remarkable engineering achievement in itself," said Rajendra Prasad Goyal, chairman and managing director of NHPC, who attended the milestone event via video conference from the corporate office. The installation ceremony was witnessed remotely by senior NHPC leadership, including Uttam Lal, director (personnel); Sanjay Kumar Singh, director (projects); Suprakash Adhikari, director (technical); and Santosh Kumar, chief vigilance officer. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Seniors are going crazy for these comfy, stylish, easy-on shoes Ultra-Comfortable Shoes Undo On-site supervision was provided by the executive director and head of the project, along with senior project officials and representatives from the equipment supplier. The Subansiri project's journey has been marked by challenges since its inception. Originally approved by the Centre in 2003, construction began two years later with a 2014 completion target. However, despite achieving approximately 50 per cent completion of the critical infrastructure — including tunnels, dam, powerhouse, and civil works — the project ground to a complete halt in Dec 2011. The 8-year suspension resulted from opposition by anti-dam organisations, which raised environmental and social concerns about the project's impact on local communities and ecosystems. The prolonged stalemate continued until Oct 2019, when the National Green Tribunal granted clearance. Unlike conventional hydroelectric projects, the Subansiri facility employs run-of-the-river technology, which generates electricity by harnessing flowing water energy without requiring large reservoirs. The project infrastructure spans both in Arunachal Pradesh and Assam, with the dam situated 2.3km upstream of the Subansiri river in Arunachal. Energy experts anticipate that the full 2,000 MW capacity will strengthen India's renewable energy portfolio & enhance electricity access throughout the northeast. After nearly two decades of planning, construction delays and renewed efforts, the Subansiri project appears back on track, with Friday's milestone marking a pivotal moment in its troubled but determined journey towards completion. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !
Business Upturn
02-07-2025
- Business
- Business Upturn
Top stocks in focus on July 2: LTI Mindtree, Hyundai Motor, MOIL, JSW Energy, RITES and more
Indian benchmark indices Sensex and Nifty ended higher in a range-bound session on Tuesday, July 1, supported by gains in heavyweights like Reliance Industries and HDFC Bank. On July 2, several stocks are likely to remain in focus due to recent corporate and regulatory updates. Stocks in Focus Karur Vysya Bank: Signed a bancassurance agreement with Kshema General Insurance for distributing non-life insurance products. LTI Mindtree: Launched 'GCC-as-a-Service' to support the expansion of global capability centres for enterprises. Lupin: Received US FDA approval for Loteprednol Etabonate Ophthalmic Gel, used post-eye surgery. Ather Energy: Introduced Rizta S with a 3.7kWh battery offering an IDC range of 159 km. Hyundai Motor: Reported total monthly sales of 60,924 units for June 2025, including 44,024 domestic and 16,900 export units. NIBE Ltd: Received an order worth ₹22.66 crore for turret structure assemblies from a major infra and defence company. Apeejay Surrendra Park Hotels: Signed hotel management agreements for THE Park Jaipur and Zone by The Park Govardhan. Moneyboxx Finance: Launched 'Salaried LAP' loan product for salaried customers. MOIL: Increased prices of all Ferro and Chemical grades by 2% over June 1 rates. NHPC: Rajendra Prasad Goyal appointed Chairman and MD for a two-month term. Keystone Realtors: To redevelop an 11.19-acre Mumbai project with expected revenue of over ₹4,500 crore. Swiggy: Rolled out a new meal section in its app featuring ₹99 single-meal options. JSW Energy: Green energy arm signed a battery storage project deal in Rajasthan. Ceigall India: Subsidiary secured an order worth ₹1,199 crore from NHAI. RITES: Secured a $3.6 million order from African Rail Company for overhauled locomotives. Hero MotoCorp: Reported a 10% increase in June sales and launched the VX2 e-scooter with battery-as-a-service. VMart: Posted a 12.6% YoY rise in operational revenue. India Pesticides: Expanded formulation plant capacity by 3,500 MTPA, reaching 10,000 MTPA. Cantabil Retail: Opened three new showrooms in June, raising its total to 607 outlets. SRM Contractors: CARE Ratings upgraded the company's long-term credit rating. Oil Marketing Companies: Awaiting finance ministry compensation for LPG-related losses, per petroleum minister's update. Bajaj Hindusthan Sugar: Received ₹631 crore from Lalitpur Power Generation Company via buyback. Zaggle: Entered a 5-year agreement with DTDC Express to provide Zaggle Zoyer and Save solutions. Ellenbarrie: Motilal Oswal Mutual Fund acquired 20.95 lakh shares at ₹511.1 each. Adani Enterprises: ADSTL completed acquisition of an 85.1% stake in Air Works. South Indian Bank: Q1 FY26 business update shows gross advances of ₹89,201 crore, marking 8.02% YoY growth. Havells India: CARE reaffirmed credit ratings for the company. Maruti Suzuki: Reported total June sales of 1.68 lakh units against a poll estimate of 1.70 lakh. JM Financial: Acquired 2.98% stake in JM Financial Credit Solutions for ₹88.97 crore. JHS Svendgaard: Re-appointed Nikhil Nanda as Managing Director for five years from July 2, 2025. Canara Bank: Shareholder Director Hemant Buch resigned effective July 1, 2025. Zen Technologies: Acquired a 76% stake in TISA Aerospace, now a subsidiary. Indian Energy Exchange: Appointed Dr. Puneet Chitkara as Head of Strategy effective July 1, 2025. SML Isuzu: Set July 9, 2025, as the record date for FY25 final dividend of ₹18/share. ITD Cementation India: Appointed Navneet Kabra as Senior VP – Operations. Lloyds Metals & Energy: DRI production for Q1FY26 stood at 79,033 tonnes, a 3% YoY increase. Ajooni Biotech: Re-appointed Jasjot Singh as MD for five years with revised remuneration. Godrej Properties: Sold a 2.5% stake in Vivrut Developers to a promoter group entity for ₹8.63 crore. Hyundai Motor: Posted a 6% YoY decline in June sales. Kajaria Ceramics: JP Morgan Funds sold 8.85 lakh shares at ₹1,067.88 each. Paras Defence: Promoter Sharad Virji Shah sold 1.56 lakh shares. Aarti Pharma: Orchid Family Trust offloaded 5.3 lakh shares. Fusion Microfinance: Promoter Devesh Sachdev sold 2.07 lakh shares. Asian Paints: Under investigation by the Competition Commission of India for alleged abuse of dominant position. Corporate Actions & Dividends NDR Auto Components: Ex-date for dividend of ₹2.75/share is July 3. VST Industries: Ex-date for dividend of ₹10/share is July 3. Bharat Seats: Ex-date for dividend of ₹1.1/share is July 2. Sika Interplant: Ex-date for dividend of ₹2.4/share is July 2. 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
