Page 8 - Rajasthan

ACME Solar secures ₹1,100 cr SBI funding for 300 MW project in Rajasthan

ACME Solar Holdings on Tuesday said it has raised Rs 1,100 crore in domestic funding from the State Bank of India for its 300 MW renewable energy project in Rajasthan. The funds will be utilised to refinance the existing debt and reduce financing cost by around 100 bps for the Rajasthan project. This refinancing has been secured from the State Bank of India (SBI) for a tenure of approximately 17 years. ACME Solar Holdings said the refinancing is consistent with the company's strategy to optimize financing costs across its portfolio and strengthen its credit profile through rating upgrades. The 300 MW renewable energy project in Rajasthan has an operational track record of about six months and has consistently maintained optimum capacity utilization factor (CUF) levels. The reduced cost of debt enables ACME Solar to strengthen its financial position further as it pursues significant capacity growth over the next few years. ACME Solar Holdings is an integrated renewable energy play

Rajasthan govt seizes 17 vehicles, seals warehouses in tax evasion drive

The official further said that a two-day operation was carried out to inspect the warehouses, where an initial assessment revealed the market value of goods to be millions of rupees

Rajasthan govt to host week-long 'GST Savings Festival' from Sept 22-29

The Rajasthan government will observe a 'GST Savings Festival' from September 22 to 29 to spread awareness about the recent tax cuts, Chief Minister Bhajanlal Sharma said on Sunday. Addressing his cabinet ministers and other legislators through a video conference, Sharma said the GST rate restructuring will benefit all sections of society, be it farmers and industries, or the middle class. "This reform will make essential commodities more affordable, increase consumption, and benefit both consumers and businesses," Sharma said. The CM directed the public representatives to promote the campaign in their constituencies by engaging with traders and using hoardings, banners, and social media posts.

Rajasthan govt surpasses initial target for cooperative millet stores

Along with Confed and District Cooperative Consumer Stores, millet outlets are also being opened at the level of purchasing-selling cooperative societies and village service cooperative societies

Monsoon starts withdrawing from Rajasthan three days ahead of schedule

IMD confirms southwest monsoon withdrawal from parts of Rajasthan on September 14, three days early, with India recording 7% surplus rainfall and strong kharif sowing trends

Rajasthan govt aims to boost investment in auto and defence sectors

The objective of the policy is to incentivise investment in various sectors, and it will offer standard, add-on, and customisable packages of financial, non-financial benefits to eligible enterprises

193 dead in rain-related incidents this monsoon in state: Raj minister

Rajasthan Agriculture Minister Kirodi Lal Meena on Saturday claimed that 193 people have died in rain-related incidents in the state so far this monsoon, making it the highest ever death toll in a season. Speaking to journalists at the circuit house during a brief stop in Baran on his way to Jaipur from Peepalodi village in Jhalawar on Saturday afternoon, the minister said the state has seen huge crop losses and that the state government is carrying out a survey on it, which will be completed by September 15. Meena also claimed that the Union government is set to bring strict law against counterfeit fertilisers, seeds and pesticides to protect farmers from cheating. Rajasthan has experienced the highest rainfall, with Baran district being most affected, he said, adding that all dams in the state are full. "At least 193 people have died so far in rain-related incidents this monsoon in the state, which is highest ever," the minister said. "Baran district accounts for 13 deaths and .

Rajasthan CM Bhajanlal Sharma flags off 162 new roadways buses in Jaipur

Speaking to the media, Deputy Chief Minister Bairwa thanked Chief Minister Bhajanlal Sharma for giving Rajasthan Roadways a wonderful gift

Father and daughter killed as old house collapses in Jaipur due to rain

A man and his daughter were killed and five people were injured when a portion of a dilapidated house collapsed in the walled city area here, officials said on Saturday. The incident took place in the Subhash Chowk area on Friday night. The deceased were identified as Prabhat (35), a native of West Bengal who worked at a local jewellery factory, and his daughter Pihu (5), the officials said. Deputy Controller of Civil Defence, Jaipur, Amit Sharma said seven people were trapped under the rubble. While two of them died, five were rescued and shifted to SMS Hospital. "It was a very old house... and 18-19 people were living there. A portion of the house collapsed due to dampness caused by rain. The rescue operation lasted about six hours," Sharma said. The injured are out of danger, said SMS Hospital Trauma Centre in-charge Dr Anurag Dhakad. Sanjay, who lived in the house that collapsed, said, "At night, there was a loud sound, as if lightning had struck. Later we realised that the r

Indraprastha Gas gains 3% on JV with RVUNL for solar project in Rajasthan

Indraprastha Gas share price was trading 2.9 per cent higher at ₹217 per share against the previous close of ₹210.93 on the NSE

Union petroleum minister, Rajasthan CM inspect HPCL refinery in Balotra

Rajasthan Chief Minister Bhajanlal Sharma and Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday inspected the HPCL Rajasthan Refinery Limited at Pachpadra in Balotra district. They conducted a detailed review of the crude distillation unit (CDU), the Vacuum Distillation Unit (VDU) and the Delayed Coker Unit (DCU) and interacted with employees. They also inaugurated the Refinery Main Control Room (RCMR). Following this, the chief minister and Union minister launched the operator training simulator at the RMCR. Sharma demonstrated the start-up of the pumping system for the CDU, VDU and DCU units through the control panels and got a detailed briefing on operational processes, according to an official statement. During the project review meeting, HPCL (Hindustan Petroleum Corporation Limited) officials presented the refinery's current status, production and dispatch plans, and the operational efficiency of key units. Puri directed the officials to prepare a 15-day

Heavy rains wreak havoc in Rajasthan; Jaipur schools shut for two days

Heavy to very heavy rain continued in various parts of Rajasthan in the last 24 hours, with Dausa recording the highest rainfall at 29 cm, officials said on Sunday. Several areas in Bundi, Sawaimadhopur and Kota districts are facing flood-like situations where rescue and relief works are underway. On Sunday, there is a strong possibility of heavy to extremely heavy rain in parts of Jaipur, Bharatpur, Bikaner and Ajmer divisions. The state capital is reeling under rain, which continued for the second consecutive day, leading to waterlogging in several areas. Roads in many parts of the city were submerged, with water levels reaching knee height. This disrupted traffic, causing inconvenience to commuters, especially in the Walled City areas. Given the heavy rain forecast, District Collector Jitendra Soni has ordered all government and private schools to remain shut on Monday and Tuesday. Power outages were also reported in several areas due to faults in transformers and power lines.

Rajasthan HC bans use of 86,000 unsafe classrooms in govt schools

In a significant order, the Rajasthan High Court has barred the use of more than 86,000 dilapidated classrooms in government schools across the state, directing that the rooms be locked and children not be allowed to enter them. A bench of Justices Mahendra Kumar Goyal and Ashok Kumar Jain passed the order on Friday in the wake of a government survey conducted in the aftermath of the Jhalawar school roof collapse incident in July in which seven students died and eight were injured. According to the report, Rajasthan has 63,018 government schools with 5,26,162 classrooms. Of these, 86,934 were found to be completely dilapidated. The survey further showed that 5,667 schools were entirely unsafe for use. In terms of toilets, 17,109 were marked as dilapidated while 29,093 were repairable. The court also asked the state to make suitable alternative arrangements so that studies of affected students are not hampered. The findings are part of a preliminary survey conducted by teachers ...

Rajasthan stone crushers delay 19-day strike after talks with govt

The strike was called against what these associations called "repressive" policies, administrative hurdles, and impractical rules of the government

Rajasthan is goldmine of opportunities for growth: Rathore at BS Samridhhi

Rajasthan Industries Minister Rajyavardhan Singh Rathore says the state is focused on ease of doing business, reducing costs, and welcoming investors, as Business Standard launches Jaipur editions

Ease of doing biz, lower costs to aid Raj's growth: Rathore at BS Samriddhi

Rathore lauded Prime Minister Narendra Modi's vision to ink free-trade agreements with different countries, and said the PM believes that India's market is its strength

BS Samriddhi: Rajasthan's solar sector doesn't need incentives to grow

The panel discussion was attended by Sunil Bansal, President Rajasthan Solar Association, Rahul Gupta, Founder MD and CEO, Rays Power Experts Ltd and Nitin Agarwal

Mission ₹30 trillion: Push for startups, thrust on AI, EVs need of the hour

The panel discussion was held as part of Business Standard Samriddhi-Rajasthan 2025

Renewable energy sector to transform Rajasthan: Experts at BS Samriddhi

Speaking at BS Rajasthan Samriddhi 2025, experts highlighted why Rajasthan is a solar capital and how it will generate 125 GW of renewable energy out of the country's total 500 GW target

BS Samriddhi highlights: Entrepreneurs hate speed breakers, says Ajay Data

BS Rajasthan Samriddhi, Jaipur Newspaper Edition highlights: The event will spotlight Rajasthan's investment prospects, policy agenda, and growth avenues. Stay tuned for live updates