Vedanta appoints Sonal Shrivastava as CFO

Vedanta appoints Sonal Shrivastava as CFO

New Delhi: Vedanta Ltd on Monday announced appointment of Sonal Shrivastava as its Chief Financial Officer (CFO) effective June 1, 2023. A bachelor's in chemical engineering from BIT, Sindri and an MBA from the Jamnalal Bajaj Institute of Management Studies, she comes with over 26 years of financial leadership experience across sectors, the mining major said in a statement. Shrivastava joins Vedanta from Holcim Group where she worked as the CFO for Asia Pacific, Middle East & Africa operations, it said. Vedanta Chairman Anil Agarwal said, "Her global experience and successful track record of delivering robust financial outcomes across sectors makes her a valuable addition. We are confident that she will play a vital role in the company's future years."

NTPC to study viability of Tripura solar plant

Agartala: The National Thermal Power Corporation (NTPC) Ltd will begin a feasibility study for a 130-MW floating solar power plant on Dumbur Lake in Tripura's Gomati district, an official said on Monday. In the past five years, the northeastern state has increased solar power energy from 4.07 MW to 7.21 MW with the government trying hard to increase renewable energy in a big way. Tripura Renewable Energy Development Agency (TREDA) has signed a Memorandum of Understanding (MoU) with the NTPC to carry out the feasibility study for the floating power plant. NTPC operates a 100-MW floating solar power project at Ramagundam in Telangana. Under the study, the NTPC will examine the area of the waterbody required to be taken up for the plant, identification of local transfer stations and forest clearance for setting up the state's first renewable energy plant, TREDA Joint Director Debabrata Sukladas said. He said the NTPC is expected to complete the feasibility study which will cost Rs 450 crore in a couple of months.

Akasa Air expands its training centre

Akasa Air has expanded its training and development centre, which can train more than 700 aviation professionals, including pilots, cabin crew, engineers and airport services and security personnel. As the less-than-a-year-old carrier, which has more than 2,500 staff, announced its expansion on Monday, Founder and CEO Vinay Dube said, "we are confident about our future and continue to invest in it. Nothing we do at Akasa is short term in nature". In recent days, the country's fast-growing civil aviation sector has witnessed turbulence with budget carrier Go First suspending flights since May 3 and later going into resolution proceedings under the insolvency law. According to a release, Akasa Air has inaugurated the second phase of the Akasa Air Learning Academy (AALA) in Gurugram.