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MIs Solar Defence & Aerospace Ltd entered into a collaborative agreement for design and development of LM-UAV with CSIR-National Aeronautical Laboratories (NAL)for indigenous design, development and production of Loitering Munition (LM) UAV of 150 Kg Class. SDAL was chosen as an industry partner through a competitive bidding. The exchange of agreement between the two parties took place at a function organised at CSIR-NAL.On the occasion of the signing of Collaborative Agreement between CSIRNALand SDAL, Dr. Jitendra Singh, appreciated the new initiative and unique approach adopted by CSIR of involving an industry partner in a project of strategic importance from the very beginning including design & development.Mis Solar Defenceand Aerospace Ltd. (SDAL) asserted that as an industry partner, SDAL will play a pivotal role in the realisation of the LM-UAV and work tirelessly towards productionisation of the system at the earliest.SDALis working tirelessly towards making Indian ..
Saatvik Green Energy on Wednesday said it has secured supply orders for solar PV Modules worth over Rs 700 crore. All orders are set to be delivered in this financial year, a company statement said, adding that these repeat orders were from leading engineering, procurement, and construction companies and from independent power producers. The parent firm, Saatvik Green Energy Ltd, received orders worth Rs 488 crore, while its material subsidiary, Saatvik Solar Industries, received contracts worth Rs 219.62 crore. "At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions. These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability," Prashant Mathur, CEO of Saatvik Green Energy said. Saatvik Green Energy Ltd is a top Indian maker of high-efficiency solar PV modules and the main company in the Saatvik Group. The company works with a wide range of utility-sc
The National Solar Energy Federation of India (NSEFI) has urged the government to protect the viability of numerous renewable energy projects facing risks from delays beyond the control of developers, according to a person familiar with the matter. In the letter to the advisor to the Prime Minister's Office, the federation urged that the Inter-State Transmission System (ISTS) charges waiver be extended to projects getting commissioned by June 2026 and meeting a specific criterion relating to connectivity application status, financial closure, land acquisition beyond the 50 per cent threshold, and if orders for equipment have been made. The federation, representing a broad spectrum of stakeholders across the solar value chain, stated that while the ISTS waiver, originally announced by the Ministry of Power (MoP), has played a "pivotal role in making renewable power more competitive", its delayed implementation by the Central Electricity Regulatory Commission (CERC) in February 2023 ..