Latest news with #CREST
Business Upturn
7 hours ago
- Business
- Business Upturn
TAC InfoSec Receives CREST Penetration Testing License for Third Year in a Row
TAC Security, a global leader in cybersecurity solutions and listed as TAC InfoSec Limited (NSE Emerge: INE0SOY01013), is proud to announce that it has once again achieved CREST accreditation for its penetration testing service provider license, marking the third consecutive year of this esteemed recognition, the license would be valid until: 01 August 2026. Business Wire India TAC Security, a global leader in cybersecurity solutions and listed as TAC InfoSec Limited (NSE Emerge: INE0SOY01013), is proud to announce that it has once again achieved CREST accreditation for its penetration testing service provider license, marking the third consecutive year of this esteemed recognition, the license would be valid until: 01 August 2026. This accolade highlights TAC Security's steadfast dedication to upholding the highest standards in cybersecurity. The CREST (Council of Registered Ethical Security Testers) accreditation is a globally esteemed certification that signifies excellence in the realm of penetration testing services. Unlike other certifications, CREST does not mandate a specific penetration testing methodology. Instead, it emphasizes the entire business process, including meticulous scoping and rigorous quality assurance controls for reporting. "Our third consecutive recognition by CREST reaffirms our steadfast dedication to delivering top-tier cybersecurity services," stated Trishneet Arora, Founder and CEO of TAC Security . "Securing this prestigious accreditation once again highlights our team's unparalleled expertise, innovative methodologies, and unwavering commitment to upholding the highest standards across all our operations and deliverables. At TAC Security, we remain relentless in our pursuit of excellence, ensuring our clients benefit from cutting-edge cybersecurity solutions that are both advanced and dependable." The global penetration testing market is witnessing significant growth, driven by an increasing number of cyber threats and the widespread adoption of cybersecurity measures across various industries. Market research indicates that the penetration testing market size, valued at approximately USD 1.8 billion in 2022, is projected to reach USD 4.5 billion by 2028, growing at a compound annual growth rate (CAGR) of 16.2%. This growth is propelled by the escalating need for robust security solutions to safeguard sensitive data and ensure compliance with regulatory standards. TAC Security holds several prestigious certifications and accreditations, including CREST PT Accreditation for Penetration Testing services and the ISO 17025 Certification, making it the first company worldwide to achieve this distinction. It is also one of only eight global companies authorized to conduct IoT Security Assessments under the ioXt Certification Program. Additionally, TAC Security is the recommended and preferred ADA CASA Assessor by Google, offering discounted pricing for the ADA CASA Program. Moreover, TAC Security is an authorized lab for Google's Mobile Application Security Assessment (MASA) program, further cementing its status as a trusted partner in cybersecurity. "At TAC Security, our continuous pursuit of excellence and innovation in cybersecurity is reflected in our industry-leading certifications and strategic partnerships," said Saransh Rawat, CTO of TAC Security. "Being the first company globally to achieve ISO 17025 certification, and our ongoing involvement in trusted programs like CREST PT, ioXt, and Google's CASA and MASA, exemplifies our commitment to providing world-class security solutions. We proudly serve major clients such as Microsoft, Adobe, Wix, Lenovo, Salesforce, and DBS Bank, ensuring that the most advanced and reliable cybersecurity measures are in place to protect their critical assets." TAC Security Achieves a Massive Milestone: Over 1,000 Global Customers Served in Q1FY26, Registers 100% YoY Growth. TAC InfoSec Limited is spearheaded by its visionary Founder and CEO, Trishneet Arora, who holds a dominant majority stake of approximately 54%, reflecting his deep commitment and long-term vision for the company. Renowned investor Vijay Kedia, known for backing high-growth potential ventures, is the second-largest shareholder with a significant stake of around 11–14.6%, further validating market confidence in TAC's mission to lead the global cybersecurity landscape. Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Time of India
13-06-2025
- Business
- Time of India
Chandigarh achieves record solar rooftop coverage high EV adoption & major carbon savings
Chandigarh: The UT is making an estimated annual saving of Rs 60 crore, and 80,000 tonnes of CO₂ emissions are being avoided annually due to the increasing use of solar power energy and the increased penetration of electric vehicles. Navneet Kumar Srivastava, CEO of CREST, said, "Several big projects are in the pipeline, including a 4 MW floating solar project. We would like to see solar providing 10% of the total electricity demand in the coming 2-3 years. For that, we are planning to find innovative solutions to land constraints in Chandigarh." Besides installation, CREST is also trying to develop an ecosystem that combines skill development, the job market, and entrepreneurial ventures in solar power in the city and surrounding areas, added Srivastava. Recently, Punjab governor and UT Administrator Gulab Chand Kataria, speaking at an event on recognising excellence in green energy achievements, said, "Clean energy is not merely a policy choice; it is a moral imperative. By promoting innovation in the solar and EV sectors, we are not just investing in sustainable technology but also securing the future well-being of our coming generations." Chandigarh emerged as the top-performing Union Territory at the regional awards event. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Out of the nine awards conferred upon various govt agencies from Punjab, Haryana, and Chandigarh, CREST stood out by securing the highest number of awards — four in total. These include the first state Implementing Agency to Complete Government Rooftop Saturation in India, excellence in PM Surya Ghar Implementation, excellence in Innovation – Floating Solar Project (largest & most innovative), and highest penetration in EV in the Region and Across India (calendar year 2024). Chandigarh administration, through CREST, has integrated rooftop solar systems across govt buildings, installed floating solar plants on water reservoirs, and achieved one of the highest electric vehicle penetration rates in India. Its solar program alone powers approximately 7% of the city's electricity demand. Chandigarh became the first city in India to achieve 100% solar rooftop saturation across both govt buildings and govt houses by Dec 2024. In terms of electric vehicle (EV) penetration, as per data from the VAHAN portal for calendar year 2024, Chandigarh ranked first in the country with an impressive 15.20% penetration, followed by Tripura (14.76%) and Goa (13.38%). Government Rooftop Solar Sites | 6,627 installations Govt Rooftop Installed Capacity | 52.852 MWp Total Solar Installed Capacity (Govt + Private) | 89.689 MWp Floating Solar Installed Capacity | 8 MW Largest Floating Solar Commissioned in North India | 2.5 MWp Annual Solar Generation of Chandigarh | 117 million units (MUs) Estimated Annual Savings from Solar | ₹60 crore approx CO₂ Emissions Avoided Annually | 80,000 tonnes approx Model EV City EV Penetration in Calendar Year 2024 | 15.20% No. of EV Charging Stations Set Up by CREST | 35 No. of Battery Swapping Stations Set Up by CREST | 12 Incentive Amount Disbursed to Date | 35 crore Applicants Who Received Incentives | 5,293 Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Time of India
19-05-2025
- Business
- Time of India
CREST to introduce RESCO model solar project for govt-built properties
Chandigarh: In a move to boost solar energy production and utilisation in the city, the Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) is set to introduce the RESCO ( Renewable Energy Service Company) model rooftop solar panel installation on govt-built properties. Considered as a significant revenue model, CREST has identified properties of the Chandigarh Housing Board (CHB) and Chandigarh municipal corporation to roll out these solar projects in Chandigarh, initially with 3-megawatt (MW) solar plants for each identified property of these govt entities. CREST has identified CHB's Sector 51 Housing Society, where this RESCO project will be first implemented. The authority held a meeting with the resident welfare association (RWA) of the society, following which the memorandum of understanding (MoU) was prepared. Later, the govt properties under the MC will be planned under the segment. The MC has already provided lists of their properties to CREST. "Under the RESCO model for government buildings, a private agency will bear the complete installation cost of the solar plant, requiring no financial investment from the Chandigarh administration. The revenue structure involves the agency selling the generated electricity to the Chandigarh Power Distribution Limited (CBDL) at Rs 4.96," UT officials said. "The RESCO project incorporates the Rent on Roof component, enabling government building owners to receive yearly payments. For instance, the CHB Sector 51 RWA anticipates an annual income of approximately rupees 30 lakhs, whilst the MC will similarly receive yearly earnings from the company post-installation of the solar project through this RESCO model," UT officials added. Though the exact financial details are being worked out, initial estimates suggest an investment of approximately Rs 15 crore for each 3-megawatt solar project under the RESCO model on these government properties. CREST has finalised the MoU and is now developing the tender document, considering various aspects including practical feasibility, longevity, and revenue potential. The tender will be floated once the document is complete. Imp Box: Project for pvt properties awaits nod The RESCO model solar plants project for private residential properties awaits approval from the Ministry of New and Renewable Energy (MNRE). Chandigarh administration submitted comprehensive documentation three months ago, requesting permission for 5 to 10-kilowatt capacity installations instead of the standard 3-kilowatt limit. The administration justified this request citing higher than national average power consumption in Chandigarh. Despite positive initial responses, formal approval remains pending. Under the model, residents can get rooftop solar power plants installed free of cost, as the company bears the cost of installation. The company operates and transfers the ownership of the plant to the homeowner after around 15 years. The UT proposal for the RESCO model began nearly five years ago and received approval from the Joint Electricity Regulatory Commission (JERC) in Jan 2023. The tendering process started in March 2023. The CREST put on hold the tender process for RESCO model implementation in February last year, which was in the final stages of work allotment for 40MWp. CREST had shortlisted four firms for the work allotment. It decided to wait for the central govt guidelines on the project. RESCOs will be selected by CREST through a competitive bidding process, with the build-operate-transfer (BOT) period as the bidding parameter.
Time of India
19-05-2025
- Business
- Time of India
CREST to introduce RESCO model solar project for govt-built properties
1 2 Chandigarh: In a move to boost solar energy production and utilisation in the city, the Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) is set to introduce the RESCO ( Renewable Energy Service Company) model rooftop solar panel installation on govt-built properties. Considered as a significant revenue model, CREST has identified properties of the Chandigarh Housing Board (CHB) and Chandigarh municipal corporation to roll out these solar projects in Chandigarh, initially with 3-megawatt (MW) solar plants for each identified property of these govt entities. CREST has identified CHB's Sector 51 Housing Society, where this RESCO project will be first implemented. The authority held a meeting with the resident welfare association (RWA) of the society, following which the memorandum of understanding (MoU) was prepared. Later, the govt properties under the MC will be planned under the segment. The MC has already provided lists of their properties to CREST. "Under the RESCO model for government buildings, a private agency will bear the complete installation cost of the solar plant, requiring no financial investment from the Chandigarh administration. The revenue structure involves the agency selling the generated electricity to the Chandigarh Power Distribution Limited (CBDL) at Rs 4.96," UT officials said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Flexible Phone Plans for Small Biz Undo "The RESCO project incorporates the Rent on Roof component, enabling government building owners to receive yearly payments. For instance, the CHB Sector 51 RWA anticipates an annual income of approximately rupees 30 lakhs, whilst the MC will similarly receive yearly earnings from the company post-installation of the solar project through this RESCO model," UT officials added. Though the exact financial details are being worked out, initial estimates suggest an investment of approximately Rs 15 crore for each 3-megawatt solar project under the RESCO model on these government properties. CREST has finalised the MoU and is now developing the tender document, considering various aspects including practical feasibility, longevity, and revenue potential. The tender will be floated once the document is complete. Imp Box: Project for pvt properties awaits nod The RESCO model solar plants project for private residential properties awaits approval from the Ministry of New and Renewable Energy (MNRE). Chandigarh administration submitted comprehensive documentation three months ago, requesting permission for 5 to 10-kilowatt capacity installations instead of the standard 3-kilowatt limit. The administration justified this request citing higher than national average power consumption in Chandigarh. Despite positive initial responses, formal approval remains pending. Under the model, residents can get rooftop solar power plants installed free of cost, as the company bears the cost of installation. The company operates and transfers the ownership of the plant to the homeowner after around 15 years. The UT proposal for the RESCO model began nearly five years ago and received approval from the Joint Electricity Regulatory Commission (JERC) in Jan 2023. The tendering process started in March 2023. The CREST put on hold the tender process for RESCO model implementation in February last year, which was in the final stages of work allotment for 40MWp. CREST had shortlisted four firms for the work allotment. It decided to wait for the central govt guidelines on the project. RESCOs will be selected by CREST through a competitive bidding process, with the build-operate-transfer (BOT) period as the bidding parameter.
Biz Bahrain
14-05-2025
- Business
- Biz Bahrain
Stc Bahrain achieves CREST Pathway+ Recognition
stc Bahrain, a digital enabler, has announced its achievement of the CREST Pathway+ recognition, marking a significant milestone in its commitment to delivering internationally benchmarked cybersecurity services. This recognition represents a key pillar of stc Bahrain's cybersecurity offerings and highlights its dedication to continuous improvement, adopting security best practices, and aligning with global cybersecurity standards. The CREST Pathway+ program is globally recognized for supporting cybersecurity providers in enhancing operational maturity and quality assurance standards. By attaining this recognition, stc Bahrain has aligned itself with industry-leading practices, reinforcing trust among clients and stakeholders. This achievement also positions stc Bahrain on the path to full CREST accreditation, enabling the delivery of advanced, reliable, and globally compliant cybersecurity services. Hisham Mustafa, Chief Business Officer at stc Bahrain, commented: 'Achieving CREST Pathway+ recognition reflects our commitment to providing trusted and high-quality cybersecurity services. This milestone demonstrates our focus on meeting international standards and delivering solutions that meet the evolving needs of our clients. It further strengthens our position as a reliable partner in cybersecurity and supports our vision of excellence in this critical field.' As a CREST Pathway+ organization, stc Bahrain has committed to adhering to CREST's Code of Conduct and Ethics while self-assessing against CREST's maturity standards. This recognition highlights stc Bahrain's proactive approach to operational excellence and its ability to deliver quality-assured cybersecurity solutions. This accomplishment solidifies stc Bahrain's role as a trusted provider of cybersecurity services, helping businesses and government entities safeguard their operations against emerging threats and challenges.
