Friday, October 1, 2010
National flags of 16 countries hoisted at Games Village
Nksagar-Sagar Media - New Delhi, September 30, 2010:
The National flags of the contingents from 16 countries – Falkland Islands, St. Lucia, Botswana, Kenya, Namibia, St. Helena, Nauru, Papua New Guinea, Gambia, Northern Ireland, Isle of Man, Jersey, Guernsey, Jamaica, Bermuda and Uganda were hoisted amidst song, dance and celebrations during the ongoing team welcome ceremonies at the Commonwealth Games Village here today.
The contingents were welcomed by Village Mayor, Dalbir Singh, the Games mascot Shera and volunteers. The delegates were presented with a traditional Indian stole (Angavastra) on the occasion. The contingents were headed by their respective Chefs de Mission.
The National flags were raised by volunteers from the National Cadet Corps (NCC) while their National Anthems were rendered. As a souvenir of the beautiful journey of the Queens Baton Relay 2010 Delhi, replicas of the Queen’s Baton were presented to the contingents.
Students from various schools from the city, prominent among them were Montfort & Red Roses Public School, were given an opportunity to visit the Games Village along with their teachers and they also performed live for the delegates.
The delegations were extremely impressed with the collage of musical styles and dances displayed by the children, who were also cheered on by a large contingent of volunteers and other Games Village staff.
The National flags of the contingents from 16 countries – Falkland Islands, St. Lucia, Botswana, Kenya, Namibia, St. Helena, Nauru, Papua New Guinea, Gambia, Northern Ireland, Isle of Man, Jersey, Guernsey, Jamaica, Bermuda and Uganda were hoisted amidst song, dance and celebrations during the ongoing team welcome ceremonies at the Commonwealth Games Village here today.
The contingents were welcomed by Village Mayor, Dalbir Singh, the Games mascot Shera and volunteers. The delegates were presented with a traditional Indian stole (Angavastra) on the occasion. The contingents were headed by their respective Chefs de Mission.
The National flags were raised by volunteers from the National Cadet Corps (NCC) while their National Anthems were rendered. As a souvenir of the beautiful journey of the Queens Baton Relay 2010 Delhi, replicas of the Queen’s Baton were presented to the contingents.
Students from various schools from the city, prominent among them were Montfort & Red Roses Public School, were given an opportunity to visit the Games Village along with their teachers and they also performed live for the delegates.
The delegations were extremely impressed with the collage of musical styles and dances displayed by the children, who were also cheered on by a large contingent of volunteers and other Games Village staff.
Thursday, September 30, 2010
IDFC Tax-Free Infra Bonds Public issue opens today
Nksagar-Sagar Media - New Delhi -30 Sept 2010:
Infrastructure Development Finance Company Ltd., or IDFC, has announced a public issue of long term infrastructure bons to raise an amount of up to Rs 3,400 Crore,in one or more tranches,in the fiscal year 2010 -11. On Monday launched the country's first long-term tax-free infrastructure bonds having a face value of Rs.5,000 each .The issue proceeds are proposed to be used for the company's infrastructure lending activities.
Managing Director and Chief Executive Rajiv Lall said these long-term bonds would hit the market on September 30 (Thursday) and could be subscribed up to Monday October 18,or earlier,as may be decided by the Board. The bonds would come in four series carrying a maximum of 8 per cent coupon.
IDFC is also looking to raise '3,000 crore through external commercial borrowings (ECBs) in the current fiscal, Rajiv Lall, managing director and chief executive officer, told reporters in Mumbai on Monday.
These long-term bonds with minimum investment limit has been fixed at '10,000. Citigroup Global Markets India Pvt. Ltd, Enam Securities Pvt. Ltd, Kotak Mahindra Capital Co. Ltd and IDFC Capital Ltd are the lead managers.
These bonds, with the highest rating-LAAA—from Icra, could be bought back or redeemed after the five-year lock-in period or could be traded on the bourses, he said. On the conservative way of fixing the yield, Lall said, "Our yield rate is capped at par with the interest rate on government securities and hence cannot offer a yield rate that is above what the 10-year Gilts offer. Also, our objective is to encourage the average retail investors who are salaried as it is a tax-free bond, to invest in these bonds."
At the BSE, shares of IDFC are now trading at Rs.200.25, down by 2.60% from the previous close.The 10-year bonds, to be listed on both the Bombay Stock Exchange and the National Stock Exchange, are trade able after a lock-in period of five years. The bonds will be issued in four series--the first two will offer 8%, while the other two will offer 7.5% per annum with a buyback option.
Infrastructure Development Finance Company Ltd., or IDFC, has announced a public issue of long term infrastructure bons to raise an amount of up to Rs 3,400 Crore,in one or more tranches,in the fiscal year 2010 -11. On Monday launched the country's first long-term tax-free infrastructure bonds having a face value of Rs.5,000 each .The issue proceeds are proposed to be used for the company's infrastructure lending activities.
Managing Director and Chief Executive Rajiv Lall said these long-term bonds would hit the market on September 30 (Thursday) and could be subscribed up to Monday October 18,or earlier,as may be decided by the Board. The bonds would come in four series carrying a maximum of 8 per cent coupon.
IDFC is also looking to raise '3,000 crore through external commercial borrowings (ECBs) in the current fiscal, Rajiv Lall, managing director and chief executive officer, told reporters in Mumbai on Monday.
These long-term bonds with minimum investment limit has been fixed at '10,000. Citigroup Global Markets India Pvt. Ltd, Enam Securities Pvt. Ltd, Kotak Mahindra Capital Co. Ltd and IDFC Capital Ltd are the lead managers.
These bonds, with the highest rating-LAAA—from Icra, could be bought back or redeemed after the five-year lock-in period or could be traded on the bourses, he said. On the conservative way of fixing the yield, Lall said, "Our yield rate is capped at par with the interest rate on government securities and hence cannot offer a yield rate that is above what the 10-year Gilts offer. Also, our objective is to encourage the average retail investors who are salaried as it is a tax-free bond, to invest in these bonds."
At the BSE, shares of IDFC are now trading at Rs.200.25, down by 2.60% from the previous close.The 10-year bonds, to be listed on both the Bombay Stock Exchange and the National Stock Exchange, are trade able after a lock-in period of five years. The bonds will be issued in four series--the first two will offer 8%, while the other two will offer 7.5% per annum with a buyback option.
Indigenous development of 1200 KV UHVAC System -First in India
Indigenous development of 1200 KV UHVAC System -First in India
30.09.2010 03:48:54 Nksagar-Sagar Media -New Delhi,30 Sept 2010
Power grid is establishing a 1200 KV National Test station at Nina.It is unique collaborative efforts where leading manufacturers have joined hands with Power grid for indigenously developing the technology for transmitting power at 1200kV.
(live-PR.com) - 35 Electrical Equipment manufacturers in the ultra high voltage segment including 25 IEEMA members have activity collaborated with Power grid for design and development of the required 1200 KV equipment indigenously.
Few examples of such equipment successfully developed are Transformer,Circuit breakers,Isolators,insulators both procelain and polymers,Transmission Line Towers,Line Hardware and conductors etc.IEEMA has been actively coordinating with PGCIL in the implementation of
the indigenous development of electrical equipment required for setting up of 1200 kV Test station at Bina,M.P. PGCIL here is the primary mover.
1200 kV AC system is being envisaged as next transmission voltage to meet the long term power transfer requirement in the country. Ultra High Voltage (UHV) transmission schemes are driven by the need to transfer large amounts of electrical power from the generation resources to major load centres. This need is typical of large geographical regions with a strongly growing electrical power consumption in one part of the region and natural resources that are far away from the major load centres.
India is one of the most notable examples where in future several UHV systems at 1200 kV AC shall be needed to transfer large quantum of power from various generation
complexes in Chhattisgarh, Jharkhand, Orissa to load centres in Northern and Western regions. Starting from next 5-6 years, 1200 kV AC system in due course, is expected to emerge as main transmission level along with 800 kV, 6000MW HVDC integrated with National Grid at 765kV AC, 400kV AC supported by ± 500 kV HVDC NetworkIndian power system is poised to grow at an accelerated pace. Peak demand is expected to increase more than 500GW by 2026 and beyond from present level of about 105 GW for which installed capacity of about 685GW is required. To meet the long-term power transfer requirement by 2025 and beyond as well as optimal utilization of right of way, large capacity transmission corridors are being planned interconnecting the generating resources/pooling stations with load centers.
In this direction, next higher voltage level at 1200kV is being planned. To develop 1200 kV AC Transmission System and associated equipment indigenously, a joint initiative is taken by POWERGRID,CPRI and Equipment Manufacturers to set up a 1200 kV Testing Station and an experimental line at BINA in Madhya Pradesh.
The paper describes the considerations of specifications of the 1200 kV transformers for the Testing Station. These prototype transformers shall pose several challenges to designers and shall pave way for the futuristic commercial transformers for the 1200 kV UHVAC.
Contact information:
Sagar Media
30.09.2010 03:48:54 Nksagar-Sagar Media -New Delhi,30 Sept 2010
Power grid is establishing a 1200 KV National Test station at Nina.It is unique collaborative efforts where leading manufacturers have joined hands with Power grid for indigenously developing the technology for transmitting power at 1200kV.
(live-PR.com) - 35 Electrical Equipment manufacturers in the ultra high voltage segment including 25 IEEMA members have activity collaborated with Power grid for design and development of the required 1200 KV equipment indigenously.
Few examples of such equipment successfully developed are Transformer,Circuit breakers,Isolators,insulators both procelain and polymers,Transmission Line Towers,Line Hardware and conductors etc.IEEMA has been actively coordinating with PGCIL in the implementation of
the indigenous development of electrical equipment required for setting up of 1200 kV Test station at Bina,M.P. PGCIL here is the primary mover.
1200 kV AC system is being envisaged as next transmission voltage to meet the long term power transfer requirement in the country. Ultra High Voltage (UHV) transmission schemes are driven by the need to transfer large amounts of electrical power from the generation resources to major load centres. This need is typical of large geographical regions with a strongly growing electrical power consumption in one part of the region and natural resources that are far away from the major load centres.
India is one of the most notable examples where in future several UHV systems at 1200 kV AC shall be needed to transfer large quantum of power from various generation
complexes in Chhattisgarh, Jharkhand, Orissa to load centres in Northern and Western regions. Starting from next 5-6 years, 1200 kV AC system in due course, is expected to emerge as main transmission level along with 800 kV, 6000MW HVDC integrated with National Grid at 765kV AC, 400kV AC supported by ± 500 kV HVDC NetworkIndian power system is poised to grow at an accelerated pace. Peak demand is expected to increase more than 500GW by 2026 and beyond from present level of about 105 GW for which installed capacity of about 685GW is required. To meet the long-term power transfer requirement by 2025 and beyond as well as optimal utilization of right of way, large capacity transmission corridors are being planned interconnecting the generating resources/pooling stations with load centers.
In this direction, next higher voltage level at 1200kV is being planned. To develop 1200 kV AC Transmission System and associated equipment indigenously, a joint initiative is taken by POWERGRID,CPRI and Equipment Manufacturers to set up a 1200 kV Testing Station and an experimental line at BINA in Madhya Pradesh.
The paper describes the considerations of specifications of the 1200 kV transformers for the Testing Station. These prototype transformers shall pose several challenges to designers and shall pave way for the futuristic commercial transformers for the 1200 kV UHVAC.
Contact information:
Sagar Media
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