The Union Minister of Road Transport & Highways and Shipping Nitin Gadkari laid the foundation of 400/220 kV sub-station with 2000 MVA capacity of POWERGRID at Tughlakabad. The function was presided over by Piyush Goyal, Union Minister of State (IC) for Power, Coal and New & Renewable Energy. Ramesh Bidhuri, Member of Parliament, senior officials of Ministry of Power, Delhi Power Department and POWERGRID officials were also present at the foundation ceremony.
On this occasion, Goyal said that various projects are being implemented by the government for strengthening the power system in Delhi. After implementation of these schemes Delhi residents will no longer need to depend on their diesel generators and inverters for power supply. Five lakh lED lights will be installed in the city with an approximate cost of Rs500 crore. These will also help Delhi reduce the overall power consumption. He also added that consumers will be able to select service provider as per their suitability in terms of services.
Nitin Gadkari has appreciated the efforts of Ministry of Power for establishment of sub-stations for Delhi with the help of POWERGRID which will prove to be a milestone in strengthening of city’s power scenario and provide 24 hour quality power supply to its residents. The substation will be built with state-of the-art GIS technology and will cater to the power demand to Delhi. It will improve reliability in power supply to south and southeast Delhi. It will provide connectivity to Masjid mod, Okhla, Mehrauli, Maidangarhi and Badarpur.
Considering the importance of reliable power supply to Delhi, the Ministry of Power took the initiative to mitigate the problems in transmission and distribution of electricity. It was emphasised that a very strong inter-state transmission system along with 400/220 kV grid sub-stations in and around Delhi are required to be established to ensure secured transmission network with adequate transformation capacity.
In order to facilitate handling of increasing quantum of power with reliability, four number of 400/220kV substations along with associated 400kv transmission network under ISTS are being implemented within the periphery of Delhi to import power from various sources outside Delhi. These ISTS (Inter State Transmission System) 400/220 kV substations are planned to be established at Rajghat, Tughlakabad, Karampura and Papankalan by POWERGRID very soon.
Presently many 220 kV of Delhi are fed from single source, implementation of above scheme shall provide alternate source, which shall improve reliability of power supply.
Action plan
A review meeting of the northern states/UT (Punjab, Haryana, Rajasthan, Himachal Pradesh and the Union Territory of Chandigarh) was held under the chairmanship of Vijay Sampla, minister of state (SJ&E). The meeting was attended by Sudhir Bhargava, secretary (SJ&E), Sanjeev Kumar JS (SCD), Bl Meena JS (BC), Gazala Meenai JS (SD), Gulati additional chief secretary government of Haryana, Sudarshan Sethi, principal secretary (social welfare) government of Rajasthan, director (social welfare) government of Punjab, additional director (social welfare) government of Himachal Pradesh, additional director (social welfare) government of UT Chandigarh and other officers from the ministry of SJ&E.
The various implementation issues of the schemes for the development of scheduled castes and other backward classes were discussed in the meeting. Some of the major schemes, which were discussed in the meeting are:
All the states and the Union Territories of Chandigarh were apprised of the necessity to improve the implementation of the ministry’s schemes by them. In certain cases, the states are not availing the full central assistance notionally allocated to them from the ministry.
The states were requested to provide the following documents for the release of the central assistance under the schemes:
At the end, the minister of state (SJ&E) requested the representatives from the States/UTs as follows:
Revised rates
In view of the changed market scenario, Punjab National Bank (PNB) has reduced interest rate on domestic term deposits effective from Jan 8 by 25 to 50 basis points as under:
Domestic term deposits of less than Rs1 crore:
Domestic term deposits of Rs1 crore to Rs10 crore:
Besides above, in some other maturity buckets, the interest rates have been realigned with the market interest rates.
love for leather
The 30th edition of the India International leather Fair (IIlF), a premiere specialised leather event of the India Trade Promotion Organisation (ITPO), is being organised at Chennai Trade Centre, Nandambakkam in Chennai from January 31 to February 3. The fair is considered as one of the most-awaited leather events in South Asian region. The fair has grown from strength to strength into a mega show, eagerly awaited every year by both participants and business visitors from India and abroad.
Covering an area of 9,600 sq m, IIlF 2015 features a wide range of product machinery and equipment over 400 companies from India and overseas. More than 130 exhibitors from 22 countries are taking part in the fair. These include Australia, Brazil, China, France, Germany, Iran, Italy, lithuania, Mexico, Portugal, Russia, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand, The Netherlands, Turkey, the UAE and the United Kingdom. This year, the fair elicited response from major groups — Germany, ASSOMAC (Italy), Donnor Exhibition group (China), Fujian Group (China), CICB (Brazil), SGCP (France), ISF, IFlMEA and IFCOMA.
The product profile covers leather garments footwear and its components, synthetic material goods, fashion accessories, raw and finished leather, chemicals, machinery, equipment and related technologies. The IIlF is also a celebration of India’s intrinsic strength in the leather sector and allied industries. The fair features emerging technologies keeping in pace with the rapidly changing buyers’ needs of the world which ushers fresh opportunities and challenges.
Apart from unveiling the export potential of India, IIlF also aims to project India as investment destination and to develop, promote and market the country as a leading manufacturing destination and as a hub for design and information. The fair is being organised with the support of the Council of leather Exports and other associates including ClRI, ISF, IFlMEA, FDDI, AFCAMI and IFCOMA.