Bidyut Chakraborty

The High Level Clearance Authority (HLCA) meeting, at Lok Seva Bhawan, chaired by the Hon’ble CM Shri Mohan Charan Majhi, marks a significant milestone in Odisha’s industrial growth journey. The authority approved 20 different projects of Steel, Aluminium, Metal Downstream, Chemicals, Green Energy, Renewable Energy, Apparel & Textiles, Cement and Aviation Fuel sectors, worth ₹1,36,622.24 Cr, with the potential to generate approximately 74,000 jobs. These investments will cover across 10 districts (Jagatsinghpur, Jajpur, Jharsuguda, Sambalpur, Ganjam, Khurdha, Bhadrak, Kalahandi, Dhenkanal & Malkangiri) in the state, contributing the economic growth and development of these regions. Odisha continues to solidify its reputation as a hub of progress and opportunity. #InvestInOdisha #InvestInFuture #ViksitOdisha

4

1 Comment

The Coal Ministry has sought proposals from public and private sector players for Coal Gasification projects under the INR 8,500 cr. viability gap funding scheme which had been approved by the Union Cabinet in Jan this year. China has very successfully monetized its indigenous coal resources to meet its Energy, Chemical, and Petrochemical demands. 90% of China’s Ammonia and 70% of Methanol are through Coal Gasification. While there are several Gasification Technology challenges for India primarily due to the higher ash content in indigenous coal, the support being received from the GoI is very encouraging. Gasification projects would have a cascading effect on the entire Indian Chemicals Industry. Please do read my earlier publication in the Chemicals Digest Magazine on the same topic. Also please feel free to get in touch to discuss any insights/trends in the Chemicals/Oil & Gas/Energy Sector

40

2 Comments

🌟 Significant Milestone 🌟 In a significant milestone for clean energy and decarbonization, New Era Cleantech Solution proud to secure financial assistance for its Coal Gasification + CCU (Carbon Capture Utilization) project. Thanks to Ministry of Coal - Official for trusting us with our initiative. This groundbreaking initiative ensures that 100% of CO₂ emissions from gasification are captured, achieving net-zero emissions and marking the launch of India’s first and largest commercial-scale CCU project. It’s a bold step towards enabling India to lead in climate sustainability goals and energy transition in a truly sustainable and self-reliant way, contributing to the vision of #AtmanirbharBharat This announcement further solidifies stakeholder confidence in New Era Cleantech Solution , a pioneer in coal gasification and decarbonization technologies. Together, we are driving innovation and building a sustainable solutions for hard to abate sectors. #EnergyTransition #Decarbonization #CleanCoal #CarbonCapture #NetZero #Coalgasification #AtmanirbharBharat #ClimateAction Narendra Modi Ministry of Coal - Official NITI Aayog Official MIDC Ministry of New and Renewable Energy (MNRE) Hardeep Singh Puri New Era Cleantech Solution Gopi Latpate CP Gurnani Rakesh Kumar Ajay Agarwal Yogesh Mandhani Gautam Munot GOPAL DEKATE SURENDRA CHOPRA

140

52 Comments

Thought-provoking article by our Chairman. The idea that 'India's growth story is not just about speed, but also about stability and sustainability' resonates deeply. As we celebrate India's 100 years of independence, it's crucial to focus on building a strong foundation for long-term success. Let's prioritize inclusive growth, innovation, and responsible leadership to create a brighter future for all. #IndiaAt100 #SustainableGrowth #InclusiveDevelopment #ViksitBharat Rajiv Memani EY https://lnkd.in/gcfFRUQN

13

First budget of the new government. Renewed focus on Energy Transition and boost to investment in the sector expected.. read on. #indianbuget #energy transition #grantthorntonbharat #renewableenergy #energyefficiency

55

1 Comment

It was truly enlightening to participate in The Lithium Summit: Demand & Supply Dynamics organized by the Critical Minerals Association (CMA) (India) in Hyderabad on 07th June 2024. Key insights from the discussion included: - Overview of demand & supply dynamics of Lithium - Technology bottleneck for LiB batteries & processing of Lithium - The importance of policy support for enhancing Lithium processes - Overview of the current EV demand & supply landscape #Lithium #Criticalminerals #PwCIndiaSquad #PwCIndia #CriticalMineralsAssociation

91

4 Comments

India's tryst with renewable energy capacity development is achieving significant milestones and would likely go down in history as one of the most rapid transition/ scale-up of capacities by a nation. Some of the key aspects to consider: 1. India's solar installed capacity as on April 24 stands at around 82 GW and has seen a 30-fold increase in last 9 years 2. Solar now represents around 18.5% of total installed power capacity and 43% of all renewable energy capacity 3. With annual tender (addition) targets for 50GW, the flag-post of 500GW solar capacity by 2030 would likely be achieved Increased focus on enabling manufacturing ecosystem, like introduction of Production Linked Incentive (PLI) schemes, notification of ALMM, streamlining of regulatory laws, will provide the additional impetus to this sector and ensure that majority of such capacity targets are achieved using India made modules. The sector is also likely to see credible amount of M&A activity over the course of next decade owing to rapidly emerging economies of scale, falling module prices and evolving technologies. #MakeinIndia #Solarmanufacturing #Renewableenergy #Energytransition

35

💥The problem is that Abrahamic Economics is purely about building relationships on utility & profits, from a One life consumption standpoint. Lifecycles concept is beyond their capacity to understand. They are shocked when we celebrate the moon as chanda mama or billi mausi rhymes or involve elephants in mandir processions or feed Gaumata with folded hands. To them the only life which nurtures the entire mankind with her milk after a mother is just another sub-standard animal, unequal life and a random food item. To them the moon is full of resources to be looted. The elephant can ONLY be a profits model with a zoo ticket & after eating animals they can upload dog pics on social media with animal rights captions. To them allowing animals to walk about on public roads with our vehicles is "chaos". We cutting jungles & wiping off the natural residence of animals is "development". (they can give such lectures from the west given their land & population size) https://lnkd.in/dUVPSbGw

66

6 Comments

JSW Steel India's leading steel manufacturer, is setting new benchmarks in sustainability with the launch of its SEED program—Sustainable Energy, Environment, and Decarbonization. Developed in collaboration with BCG, this pioneering initiative aims to reduce CO2 emissions intensity by 42% by 2030 and achieve carbon neutrality by 2050. The SEED program has already identified over 400 initiatives with the potential to cut emissions by 18 million tons by 2030. Beyond the environmental impact, these efforts are driving significant cost advantages through enhanced operational efficiency. This bold approach not only showcases JSW’s commitment to sustainability but also positions it as a model for industry-wide decarbonization. Find out more about BCG’s work with JSW in our latest client impact video here: https://lnkd.in/gcsX6Urn #Sustainability #Decarbonization #SteelIndustry

2

Public-private partnership in climate change adaptation can enable greater participation and buy-in from the stakeholders, funnel investments, enhance resilience by leveraging economies of scale, and strengthen policy and institutional frameworks. Read more in the ET Energyworld article authored by me and my colleague Peer M Muna at: https://lnkd.in/gENa3CGU

43

4 Comments

Exciting developments in India's energy landscape! The latest data reveals a remarkable shift towards renewable energy, with renewables accounting for a staggering 71.5% of the total installed capacity in the first quarter of the year. Notably, coal's contribution dipped below 50% for the first time in decades. This milestone underscores India's determined stride towards a greener future, aligning with global sustainability goals. A promising sign of the transformative power of renewable energy in shaping our energy ecosystem. #RenewableEnergy #Sustainability #GreenFuture 🌱 . https://lnkd.in/e9kXjU3x

5

2 Comments

This one graph from the Statistical Review of World Energy says it all about why India needs to double down on clean energy and associated infrastructure and manufacturing ecosystem. The Union Budget 2024 covered some of the aspects, missed others (like Green Corridors 3.0) and somehow failed to convey the urgency. Hopefully the Budget is just one of the platforms and we will see more decisive and meaningful policy action for accelerating the energy transition in due course. Otherwise in a world so challenged by climate events this won’t cut it.

143

12 Comments

At Vedanta we continue to take steps towards our goal of net zero strategy.

37

2 Comments

In a significant push for India’s defense manufacturing, HAL is set to revive its Nasik plant with a dual production line—handling both the indigenous Tejas Mk1A and potentially resuming Su-30MKI production in collaboration with Russia. This is not just a capacity boost; it’s a calculated strategy to address IAF's growing fleet needs and support India's defense autonomy. With the Tejas Mk1A slated for first deliveries by early 2025, HAL is scaling up to produce 24 units annually. On the Su-30MKI front, plans are underway to revive production, addressing the Indian Air Force's urgent need to replace its aging MiG-21s. This revival reflects a dual strategy: prioritizing indigenous manufacturing while sustaining trusted legacy platforms that bolster India’s air power. This move not only accelerates the IAF's modernization but also aligns with India’s “Make in India” goals, signaling to the global defense industry that India is serious about scaling its aerospace capabilities. As HAL enhances production capacity, India’s defense sector stands to gain from the innovation, self-reliance, and strategic edge these jets will bring to the region. #Aerospace #DefenseManufacturing #IndianAirForce #TejasMk1A #Su30MKI #MakeInIndia #StrategicExpansion #HAL

16

2 Comments

https://lnkd.in/dNhBM6dN “ Under the previous plan 2017-22, about 17,700 ckm lines and 73 GVA transformation capacity were added annually. Under the new plan, transmission network in the country will be expanded from 4.85 lakh ckm in 2024 to 6.48 lakh ckm in 2032. During the same period the transformation capacity will increase from 1,251 GVA to 2,342 GVA. Nine High Voltage Direct Current (HVDC) lines of 33.25 GW capacity will be added in addition to 33.5 GW presently operating. Inter-Regional transfer capacity will increase from 119 GW to 168 GW….the total cost of the plan is Rs 9.15 lakh Cr. This plan will help in meeting the increasing electricity demand, facilitate RE integration and green hydrogen loads into the grid.” 🇮🇳

70

4 Comments

While India gears up for rare mineral mining expansion in race to be one of the global powers for green energy, it must look at the eco-social impacts of the mining sector for the transition to be just, equitable and FAIR.

9

The stock has experienced a substantial increase in its price, rising from 1644.25 INR on June 23, 2024, to 2710.65 INR currently. This represents a remarkable return of over 55% within 12 days. When considering an investment in a company, several key factors should be thoroughly evaluated to make an informed decision: Market capitalization (#marketcap) and #profit are interconnected metrics that provide insights into the financial health and valuation of a company. Here’s how they are linked: 1.       #Valuation and #InvestorPerception: Market cap reflects the total value that investors are willing to pay for a company's equity. It's essentially a reflection of the market's collective opinion on the company's future prospects, including its profitability. A company that consistently generates high profits is often valued more highly by investors, leading to a higher market cap. 2.       Earnings Per Share (#EPS): Profitability directly influences a company's earnings per share, which is calculated by dividing the company's net profit by the number of outstanding shares. Higher profits result in a higher EPS, which can positively impact the company's stock price and thus its market cap. 3.       #GrowthExpectations: Market cap not only considers current profits but also future growth expectations. A company with strong profitability and a track record of increasing profits is likely to have a higher market cap as investors anticipate continued growth. 4.       Sector and Industry #Comparisons: Market cap helps investors compare companies within the same sector or industry. Profitability metrics such as earnings growth rate and profit margins are crucial in determining whether a company's market cap is justified relative to its peers. 5.       #RiskAssessment: Investors often use profitability metrics alongside market cap to assess investment risk. A company with a high market cap but declining profits may face pressure to maintain its valuation, whereas a company with increasing profits may see its market cap rise as investor confidence grows. In summary, while market cap represents the market's valuation of a company, profitability directly influences this valuation by indicating the company's ability to generate earnings and sustain growth over time. Thus, understanding the linkage between market cap and profit is essential for evaluating investment opportunities and assessing a company's #financial #performance. Example: #GrowthExpectations #GRSE (GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED) A GOVERNMENT OF INDIA UNDERTAKING - MINISTRY OF DEFENCE #MakeinIndia Hindustan Times, 23 Jun 24: GRSE to build vessels worth $54 Million for German Firm (https://lnkd.in/gyrnWYTR) #sustainableinvesting

2