Latest news with #SPARC
Free Malaysia Today
4 days ago
- Business
- Free Malaysia Today
M'sia planning specific water tariff for data centres, says Fadillah
Deputy prime minister Fadillah Yusof said the government is encouraging industrial users, including data centres, to switch to recycled water and develop sustainable district cooling systems. (Bernama pic) PETALING JAYA : The government is working with state regulators to introduce a specific water tariff for data centres and heavy industrial users, while encouraging the adoption of recycled water and district cooling systems to reduce the strain on clean water resources. Deputy prime minister Fadillah Yusof said although water falls under state jurisdiction, federal agencies such as the National Water Services Commission are actively coordinating with utility operators to ensure fair and efficient water usage. 'Before any increase in tariffs can even be implemented, utility companies must submit (their proposals) to SPARC and justify the increase,' Bernama reported him as saying today. The energy transition and water transformation minister said the government is encouraging industrial users, including data centres, to switch to recycled water and develop sustainable district cooling systems. 'We want the state to set up zoning so that we can have district cooling systems for all heavy usage of water. 'This way, there will be no competition for clean water for human consumption,' he said. Fadillah said a specific tariff for data centres is being formulated to protect domestic consumers from cross-subsidising large-scale users. He aid the government's long-term strategy is to balance economic growth with resource sustainability by promoting equitable access to water and encouraging industries to adopt more efficient and circular water technologies. 'This ensures our water system is managed effectively while also incentivising responsible usage across all sectors,' he said, adding that the move comes amid rising concerns over the high water usage by data centres and other high-tech infrastructure.
Malay Mail
6 days ago
- Business
- Malay Mail
New water tariff, zoning rules in the works as data centres strain clean supply
KUALA LUMPUR, Aug 6 — The Malaysian government is working with state regulators to introduce a specific water tariff for data centres and heavy industrial users, while encouraging the adoption of recycled water and district cooling systems to reduce the strain on clean water resources. Deputy Prime Minister Datuk Seri Fadillah Yusof said that although water falls under the jurisdiction of individual states, federal agencies such as the National Water Services Commission (SPAN) and a new regulatory entity, Special Purpose Agency for Regulating and Coordinating Water-Related Matters (SPARC), are actively coordinating with utility operators to ensure fair and efficient water usage. 'Before even any increase in tariffs, utility companies must submit to SPARC. From there, it will be related to what the purpose is, the justification for the increase,' he said during a luncheon talk titled 'Driving the Green Energy Transition' here today. Fadillah, who is also the Minister of Energy Transition and Water Transformation, added that the government is encouraging industrial users, including data centres, to switch to recycled water and to develop sustainable district cooling systems. 'We want the state to set up zoning, so that we can have district cooling systems for all the heavy usage of water. This way, there would not be any competition for clean water for human consumption,' he said. The deputy minister said that a specific tariff for data centres is being formulated, and the goal is to protect domestic consumers from cross-subsidising large-scale users. Fadillah emphasised that the government's long-term strategy is to balance economic growth with resource sustainability by promoting equitable access to water and encouraging industries to adopt more efficient and circular water technologies. 'This ensures that our water system is managed effectively while also incentivising responsible usage across all sectors,' he said, adding that the move comes amid rising concerns over the high water usage of data centres and other high-tech infrastructure. — Bernama
New Straits Times
6 days ago
- Business
- New Straits Times
Malaysia plans specific water tariff for data centres, heavy industrial users
KUALA LUMPUR: The Malaysian government is working with state regulators to introduce a specific water tariff for data centres and heavy industrial users, while encouraging the adoption of recycled water and district cooling systems to reduce the strain on clean water resources. Deputy Prime Minister Datuk Seri Fadillah Yusof said that although water falls under the jurisdiction of individual states, federal agencies such as the National Water Services Commission (SPAN) and a new regulatory entity, Special Purpose Agency for Regulating and Coordinating Water-Related Matters (SPARC), are actively coordinating with utility operators to ensure fair and efficient water usage. "Before even any increase in tariffs, utility companies must submit to SPARC. From there, it will be related to what the purpose is, the justification for the increase," he said during a luncheon talk titled "Driving the Green Energy Transition" here today. Fadillah, who is also the Minister of Energy Transition and Water Transformation, added that the government is encouraging industrial users, including data centres, to switch to recycled water and to develop sustainable district cooling systems. "We want the state to set up zoning, so that we can have district cooling systems for all the heavy usage of water. This way, there would not be any competition for clean water for human consumption," he said. The deputy minister said that a specific tariff for data centres is being formulated, and the goal is to protect domestic consumers from cross-subsidising large-scale users. Fadillah emphasised that the government's long-term strategy is to balance economic growth with resource sustainability by promoting equitable access to water and encouraging industries to adopt more efficient and circular water technologies. "This ensures that our water system is managed effectively while also incentivising responsible usage across all sectors," he said, adding that the move comes amid rising concerns over the high water usage of data centres and other high-tech infrastructure.
Business Upturn
04-08-2025
- Business
- Business Upturn
Sun Pharma Advanced Research Q1 Results: Net loss narrows to Rs 51.8 crore, Revenue drops 42.6% YoY
Sun Pharma Advanced Research Company (SPARC) reported a consolidated net loss of Rs 51.8 crore for the quarter ended June 30, 2025 (Q1 FY26), significantly narrowing from the loss of Rs 95.9 crore in Q1 FY25. However, the company remained in the red for the quarter. Total income for Q1 FY26 stood at Rs 18.78 crore, down 42.6% from Rs 31.37 crore reported in the same quarter last year. Revenue from operations dropped to Rs 9.64 crore from Rs 16.81 crore year-on-year, reflecting a continued decline in licensing income and product revenues. Expenses for the quarter came in at Rs 70.59 crore, down from Rs 113.87 crore in Q1 FY25. The reduction in employee costs and clinical trial expenditure contributed to the lower overall expense base. Despite cost optimization, the company posted a pre-tax loss of Rs 51.8 crore compared to Rs 95.5 crore loss a year earlier. Tax expense for the quarter stood at Rs 6 lakh. SPARC continues to invest in R&D and drug development, which significantly contributes to its expense structure and quarterly volatility. 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.
NDTV
12-07-2025
- Science
- NDTV
Government Invites Proposals For High-Impact Global Research, Check Details
The Ministry of Education has relaunched the online portal for its flagship Scheme for Promotion of Academic and Research Collaboration (SPARC), enabling year-round submission of joint research proposals. Implemented by the Indian Institute of Technology (IIT) Kharagpur, the scheme is designed to advance high-impact academic partnerships between Indian and global institutions. SPARC aims to transform India's higher education research landscape by promoting international collaboration in solving national and global challenges. The scheme is open to premier Indian Higher Education Institutions (HEIs) - including those ranked in the NIRF Top 100, Central Universities, and institutions recognized by the International Nuclear Information System (INIS) - to partner with globally ranked institutions (QS Top 800) from 28 countries. Since its inception, SPARC has facilitated 799 joint research projects with funding of Rs 515.99 crore. The initiative has also led to the filing of 51 patents, with 22 already granted. Research areas span 12 high-priority domains such as artificial intelligence, quantum technologies, medical technology, climate science, semiconductors, and smart cities. The scheme supports a range of collaborative activities including: Long-term visits of international faculty and researchers to Indian institutions Short-term visits by Indian students to top global labs for research training Co-development of specialized courses, books, patents, and demonstrable research outcomes Bilateral workshops held in India to deepen institutional partnerships An annual international conference to showcase research and promote visibility Capacity building through training of researchers and students The relaunch aligns with the G20 Education Working Group's priority of strengthening research and innovation through global collaboration. During India's G20 Presidency, SPARC's goals resonated with the broader commitment to advance open, equitable, and secure scientific cooperation across borders. Key areas of focus include AI, digital transformation, sustainability, and emerging technologies, which were also highlighted in the G20 Leaders' Declaration. In total, SPARC has approved approximately 800 joint proposals across its two phases, positioning it as a significant driver of India's efforts to build a globally connected and innovation-led academic ecosystem. Institutions and researchers interested in participating can access the SPARC portal for detailed guidelines and to submit proposals.
