IREDA targets Rs.27.49 bn revenue in 2021-22
POWER & RENEWABLE ENERGY

IREDA targets Rs.27.49 bn revenue in 2021-22

Indian Renewable Energy Development Agency (IREDA) is targeting a revenue of Rs.27.49 bn from operations in the ongoing financial year. The Government has set a target of Rs.27.49 bn income from operations under the 'Excellent' rating, including different performance-related significant paramet...

Indian Renewable Energy Development Agency (IREDA) is targeting a revenue of Rs.27.49 bn from operations in the ongoing financial year. The Government has set a target of Rs.27.49 bn income from operations under the 'Excellent' rating, including different performance-related significant parameters such as return on net worth, asset turnover ratio, non-performing asset (NPA) to total loans, earnings per share, and many more. In FY2020-21, IREDA was rated Excellent with a 96.93 score. With an extra equity infusion of Rs.15 bn by the government, in the upcoming years, IREDA would have exponential growth in the renewable energy sector.Contact: Indian Renewable Energy Development Agency (IREDA)Website: www.ireda.in

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Infrastructure Urban

BorgWarner extends transfer case business with North American OEM

BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, is furthering its business with a major North American OEM by securing extensions on two transfer case contracts for upcoming vehicle launches with new platform requirements. BorgWarner will supply two types of transfer cases, including its active Electro-Mechanical On-Demand 2-Speed (EMOD) and a part-time Electric Shift-on-the-Fly 2-Speed (ESOF) transfer case. Two of the OEM’s combustion and hybrid passenger truck platforms will be equipped with the EMOD and ESOF, while an additional passenger t..

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Infrastructure Transport

CII partners with Hunch Mobility for Urban Air Mobility Expo 2025

The Confederation of Indian Industry (CII) has announced its partnership with Hunch Mobility to host the upcoming Urban Air Mobility Expo 2025. This significant event aims to showcase advancements in urban air mobility, a rapidly evolving sector that promises to revolutionize urban transportation. Scheduled for 2025, the expo will serve as a platform for industry leaders, innovators, and policymakers to converge and discuss the future of air transport within urban environments. Key topics will include technological innovations, regulatory frameworks, and infrastructure development necessary f..

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Infrastructure Urban

HCL Tech opens first delivery centre in Kochi

HCL Technologies has officially inaugurated its first delivery centre in Kochi, marking a significant expansion in its operational footprint in India. This new facility aims to enhance the company’s capabilities in delivering a wide range of technology services to its clients. The Kochi delivery centre will focus on various areas, including software development, IT services, and digital solutions, contributing to HCL's commitment to driving innovation and improving service delivery. With this initiative, HCL Tech aims to tap into the region's growing pool of skilled talent, particularly in ..

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