Day: 14 March 2024

IDTechEx Discusses Developments in Long Duration Energy Storage Technologies

Vijay Raman

Author: Conrad Nichols, Technology Analyst at IDTechEx   As the volume of variable renewable energy (VRE) sources penetrating electricity grids increases globally, so does the need to manage the increasing uncertainty and variability in electricity supply. Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE. From IDTechEx’s new market report “Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts”, 1.4 TWh of LDES will be installed globally in 2044. It is expected that while mechanical energy…

Read More

MoD signs contract worth Rs 8073 crore with ALH

Vijay Raman

The Ministry of Defense has entered into an agreement with Hindustan Aeronautics Limited (HAL), Bengaluru on March 13, 2024 for the acquisition of 34 Advanced Type Light Helicopters (ALH) after the approval of the Cabinet Committee on National Security (CCS). Two contracts with a combined value of Rs 8073.17 crore have been signed under the (Designed, Developed and Manufactured) category. The deal marks an important step towards indigenization in defense manufacturing of Dhruv Mk III with operational role equipment for the Indian Army (25 ALH) and Indian Coast Guard (09 ALH).…

Read More

Defense Ministry will purchase 693 Infantry Combat Vehicles from AVNL

Vijay Raman

The Defense Ministry on March 13, 2024 signed a contract with Armored Vehicles Corporation of India Limited (AVNL) for procurement of 693 armament upgrades of Infantry Combat Vehicle BMP2 to BMP2M. This upgrade includes Night Enablement with Automatic Target Tracker, Gunner Main Sight, Commander Panoramic Sight and Fire Control System (FCS) under the procurement (Indian-indigenously designed, developed and manufactured) category. AVNL has developed an indigenous solution to provide night fighting capabilities and FCS to the existing BMP 2/2K based on the Defense Research and Development Organization (DRDO) and Bharat Electronics Limited…

Read More

Launch of fifth and sixth ships ‘Agre’ and ‘Akshay’ in Kolkata

Vijay Raman

'Agre' and 'Akshay', the 5th and 6th ships of the 08 . The launch ceremony was presided over by Air Chief Marshal VR Choudhary. In keeping with the maritime tradition, AFFWA President Smt. Neeta Chaudhary launched the ships on the invocation of Atharva Veda. The ships are named Aggrey and Akshay, named after the former Abhay class corvettes Aggrey and Akshay of the Indian Navy. The contract for construction of eight ASW SWC ships was signed between MOD and Garden Reach Shipbuilders and Engineers (GRSE), Kolkata on 29 Apr 19. The Arnala class ships…

Read More