NewsBizkoot.com

Category: Awards & Recognition

  • Papon’s Unforgettable Moments at Radisson Blu Pune Hinjawadi During the Pune Show

    PUNE:  Renowned Indian playback singer and music composer Papon recently visited Radisson Blu Pune Hinjawadi during his tour in Pune. The hotel had the privilege of hosting the acclaimed artist, making his stay memorable with an exquisite blend of traditional and contemporary hospitality.

    Upon his arrival, Papon was greeted with a vibrant Bihu dance performance, a traditional Assamese dance, followed by an Aarti Tilak ceremony. The warm and culturally rich welcome left a lasting impression on the artist, who expressed his appreciation for the hotel’s thoughtful gesture.

    Papon lauded the hospitality and service at Radisson Blu Pune Hinjawadi, stating, “The warm welcome and the attention to detail made my stay truly special. The Bihu dance was a beautiful touch that made me feel right at home.”

    Radisson Blu Pune Hinjawadi is quickly becoming the preferred choice for celebrities and prominent personalities visiting the area. The hotel’s commitment to providing personalized and luxurious experiences continues to set it apart as a top destination for high-profile guests.

    Radisson Blu Spokesperson said, “We are honored to have hosted Papon and to have provided him with an experience that resonated with his cultural roots. Our team strives to create memorable experiences for all our guests, and we are thrilled to be recognized as a preferred location for celebrities visiting Hinjawadi.”

  • Mpower Launches AMP to Transform Athlete Performance Through Sports Psychology

    AMP – Athlete Mind Performance will enhance athlete performance and drive them towards championship levels through mental conditioning and training

    INDIA: Mpower, the mental healthcare initiative of the Aditya Birla Education Trust (ABET), proudly announces the launch of its new vertical: Athlete Mind Performance (AMP). Spearheaded by Mrs. Neerja Birla, Founder and Chairperson of Mpower, ABET, AMP is a significant step forward in helping athletes transform their game and reach championship levels. The launch was marked by an in-conversation between Mrs. Neerja Birla and Mr. Abhinav Bindra, India’s First Olympic Gold Medalist, where they discussed the critical role of mental health training alongside physical training for athletes.

    This initiative has also garnered strong support from legendary sports personalities like Sania Mirza, Abhinav Bindra, Aparna Popat, Pullela Gopichand, and Sourav Ganguly all of whom advocated for a sports environment where mental health is given equal importance to physical endurance and training.

    AMP embodies our commitment to empowering athletes with psychological interventions tailored for performance enhancement, stress management, and mental toughness. Research also reveals that 33.6% of athletes experience symptoms of anxiety and depression, and up to 50% face depression after sport-related concussions. Anxiety disorders affect 21% of athletes, with female athletes nearly twice as likely to suffer from depression compared to their male counterparts. AMP, as part of Mpower, is committed to addressing both sport-specific mental health needs and the overall well-being of athletes, fostering their long-term development through holistic support.

    Speaking at the AMP launch, Neerja Birla, Founder and Chairperson of Mpower, ABET said, “The need for mental health support in sports is critical, as athletes face immense pressure both on and off the field. Internationally, the power to build mental endurance in sports is increasingly recognized, with athletes who prioritize mental conditioning often leading the charge in high performance. Indian athletes like Deepika Kumari and Neeraj Chopra have already begun to highlight the crucial link between mental health and athletic success. By focusing on mental resilience and preparedness, we aim to support athletes to perform at their best, reach new heights in their careers, and win accolades for India on national and international platforms. The launch of AMP is a step towards embedding this essential support into the fabric of sports training in India.”

    Echoing this sentiment, Abhinav Bindra, India’s First Olympian Gold Medalist too shared, “In my journey as an athlete, I’ve come to realize that true sporting excellence is built on a foundation of mental resilience, which in turn, is deeply rooted in our mental wellbeing and overall health. Human well-being must be at the heart of performance; it’s the cornerstone of every success story in sport. I extend my heartfelt congratulations to Mrs. Birla for her unwavering commitment to mental health in sports. Just as physical training strengthens an athlete’s body, fostering mental resilience shapes a champion’s mindset. As a member of the International Olympic Committee’s working group on Mental Health, I am deeply committed to the cause, ensuring that athletes, their coaches, and sports organizations prioritize the psychological resources necessary for success both on and off the field.”

    For those ready to embark on this transformative journey, AMP’s sports psychology services are now available. To schedule a consultation or learn more about how AMP can elevate your athletic performance, visit the website: https://mpowerminds.com/sports-psychology.

  • KPMG in India Concludes the 2024 ESG Conclave and Awards with Impactful Insights

    The winners were felicitated by Shri Deepak Vasant Kesarkar, Honourable Cabinet Minister for School Education and Marathi Language, Government of Maharashtra

    MUMBAI: The second edition of KPMG in India’s ESG Conclave and Awards 2024  concluded on a high note with a full house turnout, that saw companies being honored for their leadership, innovation, and commitment to sustainable business practices. The event centered on the theme of Green and Inclusive Growth and highlighted that in today’s environment, companies must reflect upon their learnings, adapt to be flexible, and evolve proactively with a forward-looking mindset in real time for a sustainable future.

    The event saw participation from a plethora of voices representing policymakers, investors ratings agencies, global think tanks, business owners, and business leaders. The participants agreed that, today the urgency to tackle climate change has never been greater. Further growth and sustainability need to go hand in hand, in line with India’s ambitious “ViksitBharat” program (or Developed India). The deliberations highlighted that for any economy and leading companies, the transition towards a green and inclusive future needs a deeper management of policy, people, and underlying technologies. The economy, society, business, and environment don’t exist in isolation -they are part of a system that interacts and influences one another. 

    The discussions and deliberations focussed on opportunities and challenges in making this ESG transition with recognized leaders highlighting cutting-edge programs, initiatives, and best practices

    In the panel discussion titled, ‘Accelerating Green and Inclusive Growth’, panelists agreed that increasingly we will see firms getting measured and judged against their stewardship, net-zero plans, carbon footprints, new green products, and leadership in the transition and hence it would be crucial for companies to align strategy and business models with ESG goals, set transparent and measurable targets, design for circularity, promote green supply chains, adopt nature-based solutions, boost skilling and ensure purpose-driven business growth.

    The second-panel discussion titled, ‘Enabling Green and Inclusive Growth – the role of the stakeholder ecosystem’, focused on how governance frameworks, board oversight, and stakeholder engagement, together with regulatory and policy actions can drive sustainable and equitable development in India. It also captured a wide range of viewpoints, from that of board members, policymakers, providers of finance, investors, and technology leaders.  

    The winners in each of the categories were decided based on a meticulous, data-backed, and objective selection process, and evaluation by an esteemed jury. This was to ensure that deserving achievers and winners were brought to the fore and recognized.

    Speaking on the occasion Yezdi Nagporewalla, CEO, of KPMG in India said “As corporations, both Indian and global grapple with the challenges posed by climate change, social inequality, and governance challenges, integrating ESG principles into business strategies has become imperative, not only for fostering sustainability, but also for driving long-term value creation. At the very core of the ESG Conclave and Awards is our commitment to working towards aiding sustainable capitalism and green initiatives. The awards are a rightful recognition of the achievements of all the awardees, for having demonstrated clearly, that doing good to society and the environment also means doing good to your businesses”

    Sharing her views,  Namrata Rana, National Head of ESG said “ESG principles in Indian boardrooms represent a transformative opportunity for businesses to drive sustainable growth and create long-term value for all stakeholders. By embracing environmental stewardship, social responsibility, and good governance practices, companies can not only mitigate risks and enhance resilience but also seize opportunities for innovation, differentiation, and market leadership. As Indian businesses navigate an increasingly complex and interconnected world, integrating ESG considerations into decision-making processes is essential for building a more sustainable and prosperous future.”

    In all, 14 awards were given across two major categories across sectors. The winners are:

    Large-Cap Companies 

    Consumer Markets- Hindustan Unilever Limited 

    Pharmaceuticals & Healthcare- Dr. Reddy’s Laboratories Limited

    Industrial Markets & Automotive- Hindustan Zinc Limited

    Infrastructure, Real Estate & Logistics- Godrej Properties Limited

    Technology, Media and Telecom- Wipro Limited 

    Financial Services- Yes Bank Limited

    Energy, Natural Resources and Chemicals- Tata Power Company Limited

    Mid-Cap / Small-Cap Companies 

    Consumer Markets- Welspun Living Limited

    Pharmaceuticals & Healthcare- Jubilant Pharmova Limited

    Infrastructure, Real Estate & Logistics- Mahindra Lifespace Developers Limited & Chalet Hotels (Joint Winners)

    Technology, Media and Telecom- Cyient Limited

    Financial Services- Credit Access Grameen Limited

    Energy, Natural Resources, and Chemicals- DCM Shriram Limited

  • Kia India Launches Enhanced Lease and Subscribe Plan

    Signs MoU with ALD Automotive, expand Kia Lease to 14 major cities

    Introduces Kia Subscribe plan for short-term ownership tenure of 12 to 36 months

    MUMBAI: Kia India, one of the fastest-growing premium carmakers in the country, has today announced the launch of a new flexible ownership plan ‘Kia Subscribe’. The company has also signed an MoU with ALD Automotive Pvt Ltd to expand its flexible ownership programs. This collaboration will expand Kia’s Leasing & Subscription services to 14 major cities across India, namely Delhi, Noida, Ghaziabad, Faridabad, Gurgaon, Mumbai, Pune, Ahmedabad, Indore, Bangalore, Chennai, Hyderabad, Kolkata and Jaipur.  

    Following the success of the Kia Lease program, which has long tenure plans, the company has introduced ‘Kia Subscribe’ a short-term lease option, ideal for salaried and self-employed individuals, seeking flexibility in vehicle usage without long-term commitment with tenure ranging from 12 to 36 months.

    The flexible ownership program, Kia Lease was introduced 3 months back.  ‘Kia Lease’ is tailored for B2B clients, corporates & MSMEs with prolonged mobility requirements spanning 24 to 60 months with different mileage options.

    Minimum Monthly Lease RentalVehicleCost (INR)Sonet17,999Seltos23,999Carens24,999EV61,29,000

    Hardeep Singh Brar, Sr. Vice-President, Sales & Marketing at Kia India, said, “The 1st phase of our flexible ownership program ‘Kia Lease’ has received an overwhelming response from the customers, as it is designed to meet evolving needs and revolutionize the car ownership experience in India. With the growth prospects of the leasing business from 1% to 3% shortly, we want to be the driving force behind it and deliver the best ownership experience to our customers. With Kia Subscribe we have ensured that we make hassle-free premium mobility solutions accessible to all”.

    Earlier this year, Kia partnered with ORIX Auto Infrastructure Services Limited to launch the Kia Lease program. Initially rolled out in major cities such as Delhi-NCR, Mumbai, Hyderabad, Chennai, Bengaluru, and Pune, these initiatives were designed for greater flexibility. They allow customers to acquire vehicles without any down payment, along with added benefits like maintenance coverage, insurance handling, and relief from resale concerns, making vehicle ownership easier and more convenient.

  • Elevating Ayurveda: Why Dr. Chopra Believes It Deserves the Spotlight


    Inauguration of the SoulVeda Wellness and Panchakarma Clinic

    PUNE: Ayurveda needs to be accorded the pride of place it rightly deserves, opined Dr. Madhu Chopra, renowned cosmetologist and holistic wellness advocate. She was speaking at the inauguration of the SoulVeda Wellness and Panchakarma Clinic in Model Colony. The event was hosted by Dr. Jayant Abhyankar, founder of Sharangdhar Pharmaceuticals Pvt. Ltd.

    Dr. Chopra shared that she had both an MBBS and an Ayurveda practitioner in her family and has personally witnessed the benefits of Ayurveda. Ayurveda is a science that has been passed down through generations. We must find a balance where we can resort to all kinds of fact-based, science-based medical systems.

    Dr. Jayant Abhyankar, founder of Sharangdhar Pharmaceuticals Pvt. Ltd., stated that every medical system has strengths and limitations. Integrated medicine is crucial for people’s overall health. Reflecting on the journey of ‘Sharangdhar,’ he mentioned that they started in 1985 and have observed many changes in people’s perspectives. After COVID, people realized that many health issues cannot be resolved unless we address the root cause, which is why Ayurveda is gaining importance. Healing power and immunity are built into them, and we need to enhance them.

    Earlier, Sharangdhar was solely focused on Ayurveda products, but with ‘SoulVeda,’ they have entered the service industry, offering a complete solution.

    Interacting with a young audience, Dr. Chopra emphasized that everyone is special, and physical appearance should not affect mental health. It should not become a reason for vanity; rather, it should be based on need. Advising to eat seasonal and local foods, Dr. Chopra added that a consistent regimen of exercise, meditation, and a healthy, nutritious diet has helped her maintain a high energy level

  • The All New TVS Jupiter 110 Redefines Comfort and Convenience in Commuting


    TVS Jupiter 110

    A reimagined design exemplified by the infinity light bar, premium piano black contrast panels, and a modern chiseled profile

    Next-gen light weight, compact, futuristic engine – equipped with iGO Assist – offering torque on-demand and improved fuel-efficiency

    First and/or best-in-segment features that elevate the experience:

    Dual Helmet under-seat storage, front fuel filling, and spacious floorboard space

    Superior braking with roto petal disc brakes, turn signal lamp rest, emergency brake warning, Hazard lamps, and MetalMaxx body for enhanced safety

    Body Balance 2.0 with the longest seat for enhanced ride handling and comfort

    “Find me” feature, “Follow me Headlamps”, intuitive auto cancellation TSL for added convenience 

    TVS SMARTXONNECTÔ Bluetooth enabled cluster with the call, SMS, Navigation, and Voice Assist

    Distance to Empty, Real-Time Fuel efficiency and Average Fuel Efficiency, and a host of features to offer peace of mind and practicality

    PUNE: TVS Motor Company (TVSM), a leading global automaker that operates in the two and three wheeler segment, launched the all new TVS Jupiter 110. The scooter comes equipped with a next-gen engine and futuristic, first-in-segment features.  The All New TVS Jupiter 110 exemplifies the very essence of “Zyada” – more style, mileage, performance, comfort, convenience, safety, and technology.

    TVS Jupiter has been an unwavering companion and has continuously fulfilled the diverse needs of its 6.5 million customers.

    At the launch, Aniruddha Haldar, Senior Vice President — Head Commuter Business and Head Corporate Brand & Media, TVS Motor Company, said, “TVS Jupiter 110 has been the anchor of the TVS Motor scooter portfolio for the last decade. Over time, 6.5 million households have reposed their faith in this product, making it one of the biggest automotive brands out of India. The core DNA of Zyada Ka Fayda is further reinforced by the reimagined ALL NEW TVS JUPITER. The ability to deliver torque on demand, enhanced fuel-efficiency with loads of usable space, in contemporary design, sets the scooter in a league of its own. This superior proposition will continue to delight customers and build brand love for TVS Jupiter.”

    Performance

    The TVS Jupiter 110 is powered by a 113.3 cc, single cylinder, 4 stroke engine which generates a power of 5.9 kW@6500 rpm and a torque of 9.8 Nm@ 5,000 rpm (with iGO Assist) and 9.2 Nm @ 5,000 rpm (without Assist). The scooter encompasses pioneering technology that achieves a 10% increase in mileage compared to its predecessor. This is attributed to the innovative iGO Assist technology. It has an intelligent ignition system with auto Start-Stop functionality and ISG (Integrated Starter Generator) aimed at enhancing performance by harnessing power from the battery during overtaking and climbing. This facilitates additional acceleration precisely when required.

    Exemplifying Excellence

    Style meets excitement:with Infinity Lamps

    Performance meets mileage: with All New Jupiter 110 engine and iGO Assist which gives 10% more mileage and better pick-up. 

    Practicality meets comfort: with Front Fuel Fill, Long Seat, More Leg Space  and Body Balance Technology

    Safety Meets innovation: Double Helmet Storage, Metal Maxx Body, Follow Me Headlamps, Turn signal lamp rest, Emergency brake warning

    Technology meets Convenience: Fully Digital Bluetooth Enabled Cluster with Call and SMS, Navigation with Voice Assist, Find My Vehicle and more features. 

    Choice Meets intuition: with a range of six elegant colours. 

    The TVS Jupiter  is meticulously designed for ultimate comfort and convenience. It boasts a range of segment-first features, including a spacious glove box, front fuel fill, a long seat, an all-in-one lock, a USB mobile charger, and the patented E-Z center stand. The scooter’s LED headlamp ensures superior illumination for safe night rides, while the motorcycle-like front telescopic suspension and large 90/90-12 inch tyres guarantee a smooth and comfortable journey. The vehicle comes with Body balance Technology 2.0 – engineered to a forward, lower and more central mass position. The fuel tank is moved by over 1,000 mm bringing the centre of gravity – (CoG) forward and lower, giving the vehicle superior stability. Combined with the large 12” wheels and optimal wheelbase, the all new TVS Jupiter 110 is a breeze to balance in tight traffic even at very low speeds. 

    Design Philosophy

    The TVS Jupiter 110 is designed with ergonomics at its core, featuring a well-positioned handlebar, spacious floorboard, and an accessible seat height, ensuring maximum comfort for riders of all sizes and genders. The stylish Piano Black finish and Signature Infinity lights add a touch of sophistication that reflects modern India’s evolving taste. It also comes equipped with a fully digital colour LCD speedometer with smart alerts, average and real-time mileage indicators.

    Safety benchmarks

    The all new TVS Jupiter 110 comes equipped some of the best safety and convenience features on a scooter including:

    Assurance of MetalMaxx – metal fuel tank, front fender and side panels

    Dual Helmet Space

    Emergency Brake Warning

    Turn Signal lamp Reset

    Follow Me Headlamp

    It is thoughtfully curated with a palette of exciting colours – Dawn Blue Matte, Galactic Copper Matte, Titanium Grey Matte, Starlight blue Gloss, Lunar White Gloss, and Meteor Red Gloss. Starting at a price of Rs. 76,100/- (ex-showroom, Maharashtra), the scooter will be available in 4 variants – Drum, Drum Alloy, Drum SXC and Disc SXC at all TVSM dealerships.

  • Revolutionizing Life Sciences: Honeywell’s Advanced Quality Management Review Application Unveiled

    Honeywell Quality Management Review helps manufacturers boost efficiency and quality compliance

    INDIA: Honeywell (NASDAQ: HON) has announced the launch of Honeywell Quality Management Review (HQMR), a new application designed to significantly improve oversight of quality management systems (QMS) in the life sciences industry. By digitalizing and optimizing operations to increase productivity, the application supports Honeywell’s alignment of its portfolio to three compelling megatrends, including automation.

    The traditional Quality Management Review (QMR) process is essential for regulatory compliance in the life sciences industry, but it can often be time-consuming, costly, and labor-intensive. To streamline the QMR process, Honeywell developed HQMR by removing inefficiencies and delivering near real-time intelligent insights for management.

    “Quality Management Review is crucial for assessing the effectiveness and performance of an organization’s quality system and, ultimately, helping manufacturers deliver the best and safest products possible,” said Martin Dowdall, vice president and general manager of connected life sciences at Honeywell. “This new solution helps transform the traditional QMR process into a more insightful and actionable practice, ensuring organizations adhere to regulatory guidelines with ease.”

    The HQMR solution is designed to meet the needs of modernized manufacturers by providing streamlined processes and intelligent workflows. These enhancements allow operators to make better-informed decisions while also reducing the time and resources required to analyze data. With HQMR, users can also consolidate and summarize data from different sites to create a high-level overview that helps executives assess overall QMS performance across multiple facilities.

    Life sciences verticals including pharmaceuticals, medical devices, and biotechnology can benefit from enhanced quality compliance and efficiency with Honeywell’s ready-now Quality Management Software.

    “The HQMR app already shows outstanding potential to reduce cycle times in generating management review presentations and standardizing the reports,” said Emilia Castellucci, Group Head of Quality Assurance and Regulatory Affairs at Inspiration Healthcare, an early adopter of HQMR. “The solution’s features integrate easily and repeatably with other business management systems and have quickly proven to provide better quality of data vs our current system.”

  • Montra Electric Launches India’s First Super League Tournament for EV Drivers

    India’s Auto Drivers Gear Up for the Montra Electric Super League

    INDIA: Montra Electric, the cutting-edge EV brand from the esteemed 124-year-old Murugappa Group, is thrilled to run the Montra Electric Super League (MSL), a pioneering event tailored for auto drivers. Co-powered by Chola Finance, this groundbreaking initiative brings the excitement of the IPL to the streets with 10 dynamic teams, each comprising 17 dedicated Super Auto Riders.

    The MSL is a high-octane competition featuring 10 teams, each comprising 17 exceptional auto drivers, aptly named ‘Super Riders’. This unique league aims to revolutionize the perception of electric vehicles (EVs) within the three-wheeler community, debunking common concerns like range anxiety, the MSL encourages participants to push the boundaries of EV capabilities, driving impressive distances with the help of top-up charging throughout the day.

    This unique tournament features 170 Super Riders from across India, including women auto drivers, forming 10 teams that compete to cover the most kilometers. The team that logs the highest mileage emerges victorious, proving that EVs can effortlessly surpass 300 kilometers in a single day.

    Roy Kurian, Business Head, of Montra Electric Last Mile Mobility said, “Through the Montra Electric Super League, we aim to demonstrate the extraordinary capabilities of our Super Autos and showcase our firm commitment to improving the lives of our Super Riders.”

    Aman Sharma, President & Business Head – Vehicle Finance, from Chola Finance said “We are delighted to partner with Montra Electric in bringing forth this first-ever Super League Tournament for auto drivers. We are also happy to announce Chola’s Super Dream Children Education program to the finalists of the tournament. Chola is also actively working on innovative financing solutions for customers, to make the ownership of a Montra Electric Super Auto easier for them, which is also in line with our continuous endeavor to enable our customers to Enter a Better Life.”

    Piyush Pandey, Head of Marketing, at Montra Electric, added, “We are excited to see our Super Riders embrace this challenge and feel the pride in what they are achieving. They have some extraordinary stories which need to be told”.

    The scoring system of the MSL is designed to motivate and reward. Each kilometer driven by the top 14 riders of each team translates to one run, with additional runs awarded for referrals leading to deliveries or live bookings, and quality customer testimonial videos. Teams advance through a series of matches, with winners determined by total points and runs accumulated, leading to quarter-finals, semi-finals, and the grand finale.

    Chola Finance, another distinguished member of the Murugappa Group, has pledged to provide free education for life to the children of up to 68 Super Riders who make it to the final stages of the tournament. This remarkable initiative underscores the tournament’s commitment to uplifting the lives of these hardworking individuals.

    The Montra Electric Super League commenced on July 5th and will culminate in a grand finale in the first week of September. The victorious Super Riders will be honored at a special event at the Montra Electric factory in Chennai, where they will witness the manufacturing process of their extraordinary vehicle, Montra Electric Super Auto.

    By offering substantial prize money and the transformative education initiative, the MSL is not only a thrilling competition but also a powerful catalyst for change within the auto driver community. Montra Electric is proud to lead the charge in promoting sustainable mobility and empowering the backbone of India’s transportation network. Montra Electric leads the charge toward a sustainable and electrifying future for India’s auto drivers.

  • Vi is Honouring Indian Artisans Through NGO Collaborations


    Vi Honours Indian Artisans

    Artisans supported by various NGOs showcased their creations at Vi Stores across India

    INDIA: Celebrating India, leading telecom operator Vi launched its unique initiative, Artisans of India. This special initiative celebrated the craftsmanship and skills of local artisans, adding a vibrant touch across the country.

    Vi helped provide a platform to over 60 talented artisans across its stores in multiple states. Vi Stores in Maharashtra, Tamil Nadu, Uttarakhand, Uttar Pradesh, Kerala, West Bengal, New Delhi, Karnataka, Punjab, Andhra Pradesh, Telangana, and Gujarat collaborated with local NGOs to showcase artisans’ work to the public.  

    These artisans, working with various crafts and traditions, showcased hand-painted bags, chikankari embroidery, paintings, toys, decorated diyas, and more.

    Some NGOs Vi partnered with for this initiative included Universal Smile, ESSCENT, Astha Foundation’s Parivartan School for Specially-Abled Children, Shwwas Samiti-Swastik Handicraft Women Welfare Association, Disha Shakti Swayam Sahayta Samooh, and RAFEC. At Kolkata’s South City store, Universal Smile showcased hand-painted cloth bags made by women, with proceeds supporting an orphanage, while in Gujarat, the Astha Foundation worked with specially-abled children to create and showcase decorated Diyas.

    This reflects Vi’s commitment to supporting local communities and preserving the rich artistic heritage of India. Through the Artisans of India initiative, Vi paid tribute to the cultures that unite us all. Vi remains committed to uplifting the artisans and craftsmen who contribute richly to the fabric of the nation.

  • Accelerating India’s Renewable Energy Future: Insights from the IREDA and BHEL Collaboration

    NEW DELHI: Indian Renewable Energy Development Agency Ltd. (IREDA) and Bharat Heavy Electricals Limited (BHEL) explored collaboration opportunities to expedite the nation’s renewable energy development. In a meeting held today, Shri Pradip Kumar Das, CMD, IREDA, and Shri Koppu Sadashiv Murthy, CMD, BHEL, discussed joint efforts to accelerate progress towards India’s ambitious target of 500 GW of non-fossil fuel-based installed capacity by 2030.

    The leaders of these major Central Public Sector Enterprises focused on strategies to support the Government of India’s renewable energy goals and emphasized the significance of their collaboration. Shri Rajesh Kumar Dwivedi, Director (Finance), BHEL also attended the meeting and shared his insights during the discussion.

    Emphasizing the importance of the collaboration, CMD, IREDA said, “The synergy between IREDA and BHEL will significantly contribute to India’s renewable energy ambitions. Together, we aim to enhance the pace of project execution and provide robust financing solutions to support Govt. of India in achieving the 500 GW target by 2030. This partnership is a step towards securing a sustainable energy future for India, in line with the nation’s Viksit Bharat vision for 2047.”

    Both organizations reaffirmed their commitment to overcoming challenges in the renewable energy sector and contributing to a cleaner and greener India.