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Tag: Projects

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Avaada Energy Secures INR 597 Cr Refinancing for Solar Projects in Karnataka and Maharashtra

Oct 16, 2024 by Gayathri Pariti 0 Comments #Projects, #Solar

Mumbai, Oct 16 ‘2024: Avaada Energy, India’s leading renewable energy Independent Power Producer (IPP) and an arm of Avaada Group, is pleased to announce the successful closure of approximately INR 597 crore (~USD 71.1 Million) in refinancing for its Commercial & Industrial (C&I) solar projects in the states of Karnataka and Maharashtra.

The refinancing was secured from NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund dedicated to refinancing high-quality operational infrastructure projects. The refinancing from NIIF IFL has reaffirmed the strength and stability of Avaada’s solar projects through this refinancing deal.

These projects currently supply electricity to various leading corporates in the country, including Bharati Airtel, Motherson, Bharat Forge, STT, Nxtra Data, Lumax etc., supporting them in their energy transition goals.

The refinancing from NIIF IFL secured significantly improved commercial terms to facilitate prepayment of existing loan facility along with delivering reduction in finance costs while releasing capital for future deployment.

Commenting on the development, Mr. Vineet Mittal, Chairman of Avaada Group, said, “We are thrilled to strengthen our partnership with NIIF IFL. This financing is a testament to our strategic vision of developing a diversified and high-quality energy transition portfolio to attract specialized capital while delivering state-of-the-art solutions for our C&I customers. The improved financing terms enhance the financial position of these projects and create value for all stakeholders.”

“This refinancing aligns with Avaada’s commitment to a sustainable future and underscores its contribution towards effectively reducing carbon footprints on a global scale,” Mr. Mittal added.

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DSC Hosts 28th Annual Convocation, unveils ‘Maverick of the Year’ Award

Apr 24, 2024 by Sujata 0 Comments #academic performance, #advertising agencies, #Atharva Sardeshpande, #Chetan Mahajan, #digital marketing, #DSC, #internships, #interpersonal skills, #Mahek Sheikh., #Maverick of the Year Award, #Mavericks, #media management, #MSL South Asia, #overall discipline, #PR, #premier marketing, #presentations, #Prof. Ramola Kumar, #Projects, #Rainee Kaur, #research, #Rwitika Ghosh, #silver medal, #The Delhi School of Communication (DSC), #The Mavericks, #The Surojit Lahiri Memorial Award for Holistic Excellence

New Delhi, April 24th, 2024: The Delhi School of Communication (DSC) hosted its 28th Annual Convocation ceremony, today, at Alliance Francaise, Lodhi Estate, New Delhi. The event marked the culmination of the two-year Post Graduate Diploma Programme in Communication (PGDPC) for Batch XXVIII, celebrating the student’s academic achievements and their transition into professional life. The convocation ceremony witnessed the presence of esteemed guests, including Mr. Amit Mishra, CEO of MSL South Asia, as the Chief Guest, and Mr. Chetan Mahajan, Founder & CEO, of The Mavericks was the Guest of Honor.

Mavericks & DSC Launch _Maverick of the Year Award_ 2

In a significant move, DSC unveiled the ‘Maverick of the Year Award,’ a new accolade instituted by The Mavericks, a leading communications firm, to identify and celebrate individuals who have demonstrated remarkable proficiency in harnessing the power of communication. The award seeks to honor the best performer based on various parameters of excellence, including academic performance, internships, projects, presentations, overall discipline, and interpersonal skills.

Mr. Chetan Mahajan expressed his enthusiasm for the initiative, stating, “DSC has been at the forefront of breeding integrated thinking and blended communications approaches in its pedagogy. At Mavericks, we believe in true integration to build, grow, and sustain brand reputation. It is an absolute honour and privilege to partner with DSC in further fostering the culture of integration by strengthening the link between theory and practice and an orientation that will allow the students to future-proof their careers.”

He added, “Be overprepared for every opportunity that comes your way. Take your own path —- Be a Maverick!”.

The prestigious award entails a cash prize of Rs. 75,000, accompanied by a Certificate of Merit and an offer to join The Mavericks. It provides an exceptional opportunity for the recipient to further their professional journey.

Prof. Ramola Kumar, Dean of DSC, emphasized the institution’s dedication to exploring cutting-edge avenues of communication. “At DSC we navigate the complexities of the modern world, and we realize that it’s imperative for us to explore unconventional means of interaction and teaching technology. Communication has evolved today and represents a fascinating frontier in human connection, and we believe it deserves recognition and celebration,” she said.

During the event, graduating students were awarded certificates and recognized with various accolades, including medals and subject-specific awards.

The prestigious bronze medal went to Rwitika Ghosh, the silver medal was awarded to Rainee Kaur, and the gold was bagged by Mahek Sheikh. The Surojit Lahiri Memorial Award for Holistic Excellence went to Atharva Sardeshpande.

As DSC’s Batch XXVIII embarks on their professional journeys, the institution continues its tradition of securing placements for its graduates in premier marketing, digital marketing, media management, research, PR, and advertising agencies, further solidifying its reputation as a breeding ground for talent in the communications industry.

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Shubhashish Homes to Launch 3 New Projects in FY 24-25

Apr 20, 2024 by Sujata 0 Comments #FY 24-25, #Projects, #Shubhashish Homes

Jaipur, 20th April 2024: Shubhashish Homes, a leading real estate developer in Jaipur, announced another year of remarkable growth, with a 34% rise in Per Sq.

Currently, Shubhashish Homes has two running projects by the name of Shubhashish Geeta & Shubhashish Prakash.

Conference Shubhashish Homes

“FY 23-24 has been a Great year for us. We were awarded the prestigious Great Place to Work certification. Our topmost priority for the year, was to sign 3 New Lands, which was successfully achieved, and most importantly we successfully completed and delivered an additional project phase ahead of schedule” says, Mr. Mohit Jajoo, Executive Director & CEO, of Shubhashish Homes.

Further sharing his insights on upcoming expansion plans, he adds “Looking Ahead, FY 24-25, will be a Launch Heavy Year for us, wherein we will be launching 3 New Big Projects & Phase 2 of Shubhashish Prakash, with these launches, the Combined Sales Potential of Shubhashish Homes will touch ₹ 1100 Crores ( Approx. ), with total 5 Running Projects to be spread across 3-4 Years. We Also Target to touch Sales Booking of ₹200 Crores in FY 24-25, a 100% increase in Sales Booking ( Subject to Approvals, which are Scheduled in First Two Quarters )”

Shubhashish Homes, is a part of the prestigious Shubhashish Group, Promoted & Chaired by Mr. J.K. Jajoo.