By : Tejeshwar Singh Rana, Chief Officer-Merchant Navy & Associate Editor-ICN What is a logistics cycle? We know that logistics is all about the efficient coordination of activities involved in the procurement and redistribution of goods and materials.Logistics mainly comprises of but is not limited to procuring goods or materials, storing them, and redistributing to customers. Trading activities of most business organizations across the world go through the logistics cycle. It may include various other ancillary activities such as transporting, packaging, packing, labelling, etc., to name a few. Manufacturers, distributors,…
Read MoreYear: 2022
TEN NOTEWORTHY FACTS ABOUT OMICRON
By : Dr. Samayug Bhowmick, Bureau Chief-ICN West Bengal KOLKATA : On 26 November 2021, WHO designated the variant B.1.1.529 a variant of concern, named Omicron, on the advice of WHO’s Technical Advisory Group on Virus Evolution (TAG-VE).This decision was based on the evidence presented to the TAG-VE that Omicron has several mutations that may have an impact on how it behaves, for example, on how easily it spreads or the severity of illness it causes. 1.Omicron is now the dominant strain in India, already it has been increasing by leaps and bounds…
Read MoreSJVN’s 1320 MW Buxar Thermal Project enters Advanced Construction Phase
By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : SJVN’s 1320 MW Buxar Thermal Power Project in Bihar achieved another milestone today with Jacking up of Ceiling Girder (1400 tonnes) for First Boiler Unit. The activity was virtually activated by Nand Lal Sharma, Chairman & Managing Director from the Company’s Corporate Headquarter at Shimla. Nand Lal Sharma informed that with this Jacking-up activity, First Boiler Unit of the Project will start taking its shape. He said that the entire process will be completed in Four Stages and in each Stage Ceiling Girder will jack…
Read MoreRENUKA DAM PROJECT TO EASE DRINKING WATER SUPPLY IN DELHI BESIDE GENERATING 40 MW ELECTRICITY
By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : Renukaji Dam Project in Himachal Pradesh, foundation stone of which was laid by the Prime Minister Narendra Modi at Mandi during his visit to the State on 27th December, 2021, has been designed to meet 40 percent of the drinking water needs of NCR Delhi besides generating 40 MW of electricity. Technical Advisory Committee of the Government of India had approved the cost of the project at Rs. 6946.99 crore in December 2019. In this, total cost of water component is Rs.…
Read MoreSJVN bags 125 MW Solar Projects in Uttar Pradesh
By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : SJVN Limited has bagged two more grid connected solar power projects of 125 MW capacity through tariff based ‘Competitive Bidding Process’ conducted by Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). SJVN has been issued Letter of Intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency for developing 75 MW grid connected solar power project at Gurhah, in Jalaun District, and 50 MW grid-connected solar power project at Gujrai, in Kanpur Dehat District in the state of Uttar.…
Read MoreSJVN to Enter Power Trading Business
By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : Central Electricity Regulatory Commission (CERC) has granted Trading License to Public sector SJVN Limited for interstate trading of electricity. The Commission said that SJVN meets the requirements of the Act and the Trading License Regulations for grant of inter -State trading license. Nand Lal Sharma, Chairman & Managing Director of the company said that by the grant of Trading License, another business vertical has been added to SJVN’s operations and will give a big boost to its business. SJVN will now be…
Read MoreSJVN inks MoU with iDeCK to provide consultancy services for Renewable Projects
By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : SJVN Limited has signed a Memorandum of Understanding (MoU) with Infrastructure Development Corporation, (Karnataka) Limited (iDeCK) for providing Consultancy Services in Renewable Energy Sector. SJVN and iDeCK will collaborate for the purpose of providing “Consultancy Services” for Development of Solar/Wind/ Hybrid/Battery Storage Energy Projects. The MoU was signed by Shri R.K. Gupta, Chief General Manager, Business Development, SJVN and Shri Ashish Kapoor, Sr. Vice President Business Development, IDeCK in the presence of senior officials of SJVN & iDeCK at New Delhi. Nand…
Read MoreSJVN Achieves record 90% CAPEX Target in 3 Quarters
By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : State owned SJVN Limited has achieved a record 90 percent Capital Expenditure budget utilization target set for the financial year 2021-22, a quarter ahead of the year, in December 2021. Nand Lal Sharma, Chairman & Managing Director informed that by achieving 90% CAPEX utilisation Target of Rs 4510 Crores by 31st December 2021, SJVN has emerged as one of the Top Performers among central Power PSUs. The capital expenditure is on several ongoing projects of the company in hydro, thermal, wind and…
Read MoreSJVN Clocks record 1480 MU Power Generation in December quarter
By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : State owned SJVN has clocked record 1480 MU of power generation in 3rd Qtr. of FY 2021-22. Nand Lal Sharma, Chairman and Managing Director, told that SJVN has surpassed the previous record of 1343 MU in the corresponding period of FY 2019-20 from all its Power Stations. Sharma informed that against total Design Energy of 8700 Million Units for the SJVN has already generated 8321 million units of energy during the ongoing financial year. The company is operating two Hydro Power Stations…
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