Tata Power raises Rs 4,000 crore to fund growth of its renewable energy business

Tata Power on Thursday said that its renewable energy arm has raised Rs 4,000 crore from two foreign investment firms~BlackRock and Mubadala to fund the growth of its renewable energy business in India. BlackRock Real Assets, together with Mubadala will invest Rs 4,000 crore by way of equity for a 10.53% stake in Tata Power Renewables, translating to a base equity valuation of Rs 34,000 crore. The final shareholding will range from 9.76 % to 11.43% on final conversion. 

“The Tata Power Company. and BlackRock Real Assets-led consortium, including Mubadala Investment Company, have entered into a binding agreement to invest in Tata Power’s renewable energy subsidiary, Tata Power Renewable Energy Limited,” said the company in a statement.

As per the company, the newly created platform will consist of five distinct businesses delivering long-term, customer-oriented solutions. It will house all renewable energy businesses of Tata Power including those in: Utility-Scale Solar, Wind & Hybrid Generation assets; Solar Cell and Module Manufacturing; Engineering, Procurement and Construction (EPC) contracting; Rooftop Solar infrastructure; Solar Pumps and Electric Vehicle Charging infrastructure.

“I am delighted to welcome BlackRock Real Assets & Mubadala to join us to take the renewables business to the next level of growth. The collaboration will support us to pursue exciting opportunities that lie ahead in the coming decades,” said Dr. Praveer Sinha, CEO and Managing Director of Tata Power Company Limited.

Anne Valentine Andrews, BlackRock’s Global Head of Real Assets said India’s success in transitioning its energy economy will be crucial to the world’s ability to meet its climate goals. The company said the first round of capital infusion is expected to be completed by June 2022 and the balance funds will be infused by the end of calendar year 2022.

Power ministry on Wednesday said it has sought an Expression of Interest (EOI) for setting up a manufacturing zone on a pilot basis for the power and renewable Sector with an outlay of Rs 400 cr over a period of 5 years.

Peace of Our Goal Group

Peace of our goal join this group Click Here

What is the mission of human life? The mission of human life is to end the miseries of material existence and attain a blissful life. We are constantly searching after happiness, but we often fail in our pursuit. We may get a glimpse of happiness, but it does not last forever. We do not want miseries, but we cannot avoid them. Scriptures inform us that we are spiritual beings, part and parcel of the Supreme Lord Sri Krishna, and by nature we are full of happiness . Then, why do we suffer? How do we rediscover the lost happiness and lead a blissful life?
We just have to practice the following principles:

1. Chant the holy names, Hare Krishna maha-mantra every day
2. Read the Srimad Bhagavatam, the spotless purana that glorifies the Supreme Lord
3. Honor prasadam, the food sanctified by offering to the Supreme Lord

Just by following the above three principles one can achieve real happiness in life. How does this work?

First, let us understand the root cause of our problems that makes our life miserable. We are entrapped in this material world from time immemorial and the happiness we pursue here is temporary and illusory. In the pursuit of such happiness, we engage in various activities, pious and sinful, that binds us more and more in this material world.

Our miseries are due to the sinful reactions and when we follow these three principles, all the material contaminations and sins are washed away; consequently, we are reestablished in our real constitutional position of unlimited bliss and happiness.

Sri Chaitanya Mahaprabhu said:Chanting the holy names of the Lord cleanses the mirror of the heart and stops the miseries of the blazing fire of material existence.

Srimad Bhagavatam says: All the inauspicious things in our heart are completely destroyed by reading Srimad Bhagavatam every day. The darkness of ignorance is dissipated and we become situated in the mode of goodness and develop all good qualities equivalent to that of the demigods.

By honoring prasadam (food offered to the Lord) we do not incur further sinful reactions. Krishna says in the Bhagavad-gita devotees who eat food offered first in sacrifice (as an offering to the Lord) are released from all kinds of sins.

Thus, by following these three simple, but effective principles given by Srila Prabhupada, we can achieve a life of happiness, good health, peace of mind, and all good qualities.

Share

Indian Group

Indian join this grp Click Here

India officially the Republic of India,is a country in South Asia. It is the seventh-largestcountry by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west. China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago.^[21] Their long occupation, initially in varying forms of isolation as hunter-gatherers, has made the region highly diverse, second only to Africa in human genetic diversity.Settled life emerged on the subcontinent in the western margins of the Indus river basin 9,000 years ago, evolving gradually into the Indus Valley Civilisation of the third millennium BCE. By 1200 BCE, an archaic form of Sanskrit, an Indo-European language, had diffused into India from the northwest, unfolding as the language of the Rigveda, and recording the dawning of Hinduism in India.The Dravidian languages of India were supplanted in the northern regions. By 400 BCE, stratification and exclusion by caste had emerged within Hinduism and Buddhism and Jainism had arisen, proclaiming social orders unlinked to heredity. Early political consolidations gave rise to the loose-knit Maurya and Gupta Empires based in the Ganges Basin. Their collective era was suffused with wide-ranging creativity. but also marked by the declining status of women.and the incorporation of untouchability into an organised system of belief.In south India, the Middle kingdoms exported Dravidian-languages scripts and religious cultures to the kingdoms of southeast Asia.

 

Earn Tech Group

EARN TECH JOIN THIS GRP Click Here

10 Best Money Making Apps that make You Money

• TechBandhu - Earn Money Online, Work from Home
• Meesho - Work from Home, Resell, and Earn Money
• GlowRoad - Work from Home, Earn Money Online, Start Reselling
• Shop101 - Earn Money Online App, Work from Home Job
• WeMore - Work from Home & Earn Money Online
• OneAd - PlayGames!
• Ezonow - Work from Home, Earn Online
• Cartlay - Earn Money Online, Work from Home, be a Successful Owner & Earn Huge Profit
• Shogee - Work from Home, Online Reselling Business
• Alippo - Reselling App. Earn Money Online. Work from Home

There are variety of apps available in the market today that help people from all walks of life, including housewives, students, freelancers, teachers, professionals and retired people earn money at their own comfort.

The best part is, they ask for no investment and people can make merely by referring certain products to their contacts, family and friends. Therefore, we have curated a list of the best money making apps available in the market.

Radhe Krishna Group

Radhe Krishna join this grp Click Here

Radha-Krishna are collectively known within Hinduism as the combined forms of feminine as well as the masculine realities of God. Radha and Krishna are the primeval forms of God and His pleasure potency respectively in the  school of thought. In some schools of Vaishnavism, Krishna is referred to as shyam bhagvan, and radha is illustrated as the primeval potency of the three main potencies of God, Hladini (immense spiritual bliss), Sandhini (eternality) and Samvit (existential consciousness) of which Radha is an embodiment of the feeling of love towards the almighty Lord, Krishna (Hladini). With Krishna, Radha is acknowledged as the Supreme Goddess, for it is said that Krishna or God is only satiated by devotional service in loving servitude and Radha is the personification of devotional service to the supreme. She is also considered in Vaishnavism as the total feminine energy and also as the Supreme Lakshmi (Adi-Lakshmi). Various devotees worship her with the understanding of her merciful nature as the only way to attain Krishna. Radha is also depicted to be Krishna himself, split into two, for the purpose of His enjoyment.^[

It is believed that Krishna enchants the world, but Radha "enchants even Him. Therefore She is the supreme goddess of all. RadhaKrishn".

While there are much earlier references to the worship of this form of god, it is since jaydeva Goswami wrote a famous poem gita govinda in the twelfth century of the common era that the topic of the spiritual love between the divine krishna and his devotee radha, became a theme celebrated throughout India. It is also believed that Radha is not just one cowherd maiden, but is the origin of all the gopis or divine personalities that participate in the rasa dance^.

Bhavnagar Maru Ojas Grp

Bhavnagar Maru Ojas Grp Join this grp  Click Here

 any common man, at the end of the day, everyone needs a job. The only difference that remains is either you are self-employed, or you work under someone. But due to the uncontrolled growth of the population, thousands of people go unemployed everyday because there aren’t enough jobs available out there. Even poverty can be blamed to some extent as it contributes to illiteracy and thus, further increasing the rate of unemployed people in the country. This is because a candidate may not be educated enough to fit a certain job profile. But thanks, to our Indian government that it’s trying everything in its power to reduce the level of unemployment in the country.

For instance, developing job websites from where candidates can apply for a government job and can even get updates and notifications about the same. Speaking of which, the state government of Gujarat has taken a great step in order to provide people with government job opportunities. After all, securing a government job in a country like India is ten times better than having a private job because of all the extra perks that a government job provides you.

Gujarat which is a state located in the western part of the country is doing a great job by raising job opportunities for the unemployed people, especially the youth  under both the state and the central government. In order to provide adequate government job opportunities to suitable candidates, the government of Gujarat has developed a website named OJAS from where you can get notifications and updates about government jobs available in Gujarat. If you are unable to understand the concept of OJAS Online Jaherat then, let’s discuss it out vividly in this following content.

Jamnagar Maru Ojas Grp

Jamnagar Maru Ojas Grp Join this grp  Click Here

 any common man, at the end of the day, everyone needs a job. The only difference that remains is either you are self-employed, or you work under someone. But due to the uncontrolled growth of the population, thousands of people go unemployed everyday because there aren’t enough jobs available out there. Even poverty can be blamed to some extent as it contributes to illiteracy and thus, further increasing the rate of unemployed people in the country. This is because a candidate may not be educated enough to fit a certain job profile. But thanks, to our Indian government that it’s trying everything in its power to reduce the level of unemployment in the country.

For instance, developing job websites from where candidates can apply for a government job and can even get updates and notifications about the same. Speaking of which, the state government of Gujarat has taken a great step in order to provide people with government job opportunities. After all, securing a government job in a country like India is ten times better than having a private job because of all the extra perks that a government job provides you.

Gujarat which is a state located in the western part of the country is doing a great job by raising job opportunities for the unemployed people, especially the youth  under both the state and the central government. In order to provide adequate government job opportunities to suitable candidates, the government of Gujarat has developed a website named OJAS from where you can get notifications and updates about government jobs available in Gujarat. If you are unable to understand the concept of OJAS Online Jaherat then, let’s discuss it out vividly in this following content.