Latest news with #PSH
Hans India
01-07-2025
- Business
- Hans India
Maha govt signs MoU for hydropower project and safari plaza, to generate 300 jobs
Mumbai: The Maharashtra government, on Tuesday, signed two MoUs, one in the energy sector and another in forest sector, in the presence of Chief Minister Devendra Fadnavis. The state Water Resources Department signed an MoU with Shree Tatysaheb Kore Warana Cooperative Navshakti Nirman Sanstha in Warananagar for the 240 MW Tillari Pumped Storage hydropower (PSH) Project. This entails an investment of Rs 1,000 crore and generate 300 jobs. The Chief Minister's Office in a post on its official X account said, "Powering Progress. Fueling a Green Future. Chief Minister Devendra Fadnavis presided over the MoU signing an exchange between the Maharashtra government's Water Resources Department and Shree Tatysaheb Kore Warana Cooperative Navshakti Nirman Sanstha in Warananagar for the 240 MW Tillari Pumped Storage Project. As the 16th MoU under Maharashtra's renewable push, this partnership further accelerates the state's journey toward a greener and energy-secure future. Minister Radhakrishna Vikhe Patil, MLA Vinay Kore and other senior officials were present." According to the state Water Resources Department, the PSH project ensures stable support during peak loads providing an uninterrupted power supply and it allows for the integration of variable renewable energy sources without grid disruptions. Such projects also have a lower carbon footprint when compared to fossil fuel-based plants, the department said. Meanwhile, the MoU was also signed between Forest Development Corporation of Maharashtra (FDCM) Gorewada Zoo Limited, Nagpur and National Buildings Construction Corporation (NBCC) for the development of the African Safari, Safari Plaza, and associated works under Phase-2 of the Balasaheb Thackeray Gorewada International Zoological Park in Nagpur. The Chief Minister's Office in a post said, "CM Devendra Fadnavis presided over the MoU signing and exchange between the FDCM Gorewada Zoo Limited, Nagpur and NBCC for the development of the African Safari, Safari Plaza, and associated works under Phase-2 of the Balasaheb Thackeray Gorewada International Zoological Park in Nagpur. State Forest Minister Ganesh Naik and other senior officials were present." According to the Forest department sources, FDCM Gorewada Zoo (FGZ), located in Nagpur, is a pivotal wildlife conservation and education centre. Under its umbrella, the facility includes the Balasaheb Thackeray Gorewada International Zoological Park, a rescue centre, and the Wildlife Research and Training Centre. FGZ is dedicated to promoting biodiversity, providing recreational opportunities, and enhancing public awareness of environmental issues. It also features a conservation breeding programme for endangered species. FDCM Gorewada Zoo plays a vital role in fostering a culture of conservation and advancing wildlife preservation in the region.
Business Wire
25-06-2025
- Business
- Business Wire
Pershing Square Holdings, Ltd. Announces Additional Share Buyback Program of $200,000,000
LONDON--(BUSINESS WIRE)--Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today announced a share buyback program (the 'Program') for $200,000,000 of PSH's outstanding Public Shares on the London Stock Exchange. The Program is expected to be accretive to NAV per share and will reduce PSH's capital. Since PSH commenced its first share buyback program on 2 May 2017, PSH has repurchased 69,920,511 PSH Public Shares for a total of $1.6 billion at an average price of $22.49. Jefferies International Limited will continue in its role as sole buyback agent for the Program which will enable the purchase of shares during closed periods. Shares repurchased by the Company will be held in Treasury. PSH advises shareholders that the number of shares to be repurchased under the Program shall not exceed $200,000,000 or 10,000,000 PSH Public Shares. About Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) is an investment holding company structured as a closed-ended fund.
South China Morning Post
24-06-2025
- Business
- South China Morning Post
China ‘dominates' global hydropower development amid energy storage push: report
China continued to play a dominant role in global hydropower development in 2024, accounting for the vast majority of Asia's newly added capacity as it invests heavily in energy storage solutions , according to a new report. The country was responsible for 14.4 gigawatts of the 24.6GW of new hydropower capacity that came online globally last year, as it bets big on the energy source as an effective way to maintain a stable grid amid the green transition. More than half of the hydropower capacity China added last year came in the form of pumped storage hydropower (PSH) projects, which store massive amounts of water in reservoirs that can then be released when an electricity grid is running low on power, according to the International Hydropower Association study released on Wednesday. The energy storage technology is becoming increasingly popular around the world, with governments searching for ways to cope with large fluctuations in solar and wind energy without resorting to fossil fuels. China has doubled down on its dam-building spree since 2020, when Beijing set a target of achieving carbon neutrality by 2060. 'With more than 200GW of PSH projects under construction or approved, China is on track to exceed its 2030 target of 120GW, potentially reaching 130GW by the end of the decade,' the study said. China currently has nearly 436GW of installed hydropower capacity, which represents more than three-quarters of Asia's total capacity, according to the report.
The Sun
21-06-2025
- Business
- The Sun
Pasir Mas Community College to make Lifelong Learning Carnival an annual event
KOTA BHARU: Pasir Mas Community College will make its Lifelong Learning Carnival (PSH), held today, an annual event to support local socio-economic development through education and training. Its director Fathuddin Aizat Che Mohd Ariff said the programme, held in conjunction with National Training Week, received strong participation from the community, including youth, housewives, and single mothers. Organised in collaboration with the Human Resource Development Corporation (HRD Corp) under the Ministry of Human Resources, the carnival also supports the Higher Education Ministry's efforts to promote lifelong learning in line with the Malaysia MADANI vision. Five short-term skill courses were offered at the college campus, including puff pastry making, Canva basics, laundry detergent production, facial care and treatment, and surprise bouquet crafting. Fathuddin Aizat said the initiative reflects the college's commitment to making education accessible to all, adding that the encouraging response shows growing awareness of the need to continuously upskill in a rapidly changing world. He said the college aims to make the programme a high-impact annual event that strengthens strategic partnerships with the community, industry, and relevant agencies.
The Sun
21-06-2025
- Business
- The Sun
Pasir Mas College to hold Lifelong Learning Carnival yearly
KOTA BHARU: Pasir Mas Community College will make its Lifelong Learning Carnival (PSH), held today, an annual event to support local socio-economic development through education and training. Its director Fathuddin Aizat Che Mohd Ariff said the programme, held in conjunction with National Training Week, received strong participation from the community, including youth, housewives, and single mothers. Organised in collaboration with the Human Resource Development Corporation (HRD Corp) under the Ministry of Human Resources, the carnival also supports the Higher Education Ministry's efforts to promote lifelong learning in line with the Malaysia MADANI vision. Five short-term skill courses were offered at the college campus, including puff pastry making, Canva basics, laundry detergent production, facial care and treatment, and surprise bouquet crafting. Fathuddin Aizat said the initiative reflects the college's commitment to making education accessible to all, adding that the encouraging response shows growing awareness of the need to continuously upskill in a rapidly changing world. He said the college aims to make the programme a high-impact annual event that strengthens strategic partnerships with the community, industry, and relevant agencies.
