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United News of India
22-05-2025
- Business
- United News of India
PM Modi inaugurates projects worth Rs 26k crore in Bikaner
Bikaner (Rajasthan), May 22 (UNI) Prime Minister Narendra Modi on Thursday inaugurated 103 AMRUT railway stations in Bikaner, Rajasthan and laid the foundation stone of various projects worth Rs 26,000 crore. Earlier, the Prime Minister flagged off the Bikaner-Mumbai Express train at Deshnok railway station. Rajasthan Governor Haribhau Kishanrao Bagde, Chief Minister Bhajan Lal Sharma, Railways, Information and Broadcasting and Electronics Minister Ashwini Vaishnaw, Union Law Minister Arjun Ram Meghwal and other public representatives were present on the occasion. The 103 AMRUT railway stations redeveloped by the Prime Minister include eight railway stations in Rajasthan (Fatehpur Shekhawati, Deshnoke, Bundi, Mandalgarh, Gogamedi, Rajgarh, Govindgarh, Mandawar-Mahua Road). Indian Railways is moving towards 100% electrification of its network making railway operations more efficient and environment friendly. In the same vein, Modi laid the foundation stone of Churu-Sadulpur rail line (58 km) and dedicate to the nation electrification of Suratgarh-Phalodi (336 km), Phulera-Degana (109 km), Udaipur-Himmatnagar (210 km), Phalodi-Jaisalmer (157 km) and Samdari-Barmer (129 km). Foundation stone was also laid for construction of 3 vehicle underpasses on NH-58 at Pushkar and widening and strengthening of roads of NH-11, NH-70 (Jaisalmer to Myajlar) to boost the Prime Minister's road infrastructure. He also dedicated seven road projects worth Rs 4,850 crore in Rajasthan. Modi laid the foundation stone of various power projects including NEEPCO 300 MW Ground Mounted Solar Project (Bikaner), SJVN 100 MW Solar Power Project (NAWA), Solar Projects of Deedwana and Kuchaman. In addition, the foundation stone of the transmission system for power evacuation of Part B Powergrid Sirohi Transmission Limited and Part E Powergrid Mewar Transmission Limited was also laid. At the event, the Prime Minister also inaugurated three power projects, including Power Grid, Neemuch Transmission System Limited and transmission system for evacuation of power from Bikaner Complex. Along with this, the expansion of conversion capacity in Fatehgarh-II Power Station was also inaugurated, which will help in reducing carbon emissions. During the event, the Prime Minister will lay the foundation stone of Kalasar Solar Power Project (500 MW) and inaugurate Shimbhu Ka Bhurj Solar Power Project (300 MW). Modi laid the foundation stone for various projects for upgradation and maintenance of 12 state highways of 757 km length at a cost of over Rs 3,240 crore. These include Mangaliawas-Padukalan (State Highway-102), Beawar-Tehla-Alniyawas (State Highway-59 and State Highway-104), Dantiwada-Pipar-Merta City (State Highway-21). An additional 900 km of new highways will be added along the Gotan-Sathin highway in the expansion of the State Highways Development Programme. PM Modi also laid the foundation stone of various water infrastructure projects, including rural water supply and fluorosis mitigation project for Jhunjhunu district, restructuring of urban water supply schemes for seven towns of Pali district under AMRUT 2.0. UNI XC GNK BM


Time of India
16-05-2025
- Business
- Time of India
Surana Solar board approves 49% equity divestment in Surana Technologies
Surana Solar on Friday said its board has approved the proposal to divest 49 per cent equity share in its arm Surana Technologies . The transaction for the sale of a 49 per cent equity stake held in Surana Technologies Private Limited will be executed on Friday with Baidyanath Power Private Limited, according to a regulatory filing. The board of directors, at their meeting held on May 3, 2025, has approved the divestment/sale of 49 per cent of the equity stake held by Surana Technologies Pvt Ltd, a wholly owned subsidiary of the company, which is presently engaged in the implementation of 54MW Solar Power Project in Maharashtra, the filing said. Pursuant to this transaction, Surana Technologies Pvt Ltd will cease to be a wholly-owned subsidiary and continue as a subsidiary of the company. The expected data of completion of this transaction is May 30, 2025, and consideration for this stake sale is Rs 2,03,61,460, the filing added. There is no contribution to turnover, revenue, income, or net worth by Surana Technologies Pvt Ltd, as the company is yet to commence its business activity.