| | JUNE 20249The Adani Group has signed a landmark agreement to build a 570 MW green hydroelectric plant in Bhutan's Chukha province, marking a significant step towards sustainable energy collaboration between India and Bhutan. Gautam Adani, Chairman of the Adani Group, announced the memorandum of understanding (MoU) with Druk Green Power Corporation & (DGPC) following meetings with Bhutan's King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay in Thimphu."An absolutely fascinating meeting with Prime Minister Dasho Tshering Tobgay. We have signed an MoU for a 570 MW green hydro plant in Chukha province", Adani shared on X, formerly Twitter. He praised Bhutan's leadership for advancing the vision of King Jigme Khesar and spearheading broad infrastructure projects across the nation.The collaboration extends beyond the hydro plant, encompassing transformative infrastructure initiatives. Gautam Adani highlighted plans to support Bhutan's ambitious eco-friendly master plan for Gelephu Mindfulness City, which includes the development of large computing centres and data facilities.Adani expressed his admiration for the King's vision and commitment to making Bhutan a carbon-negative nation. "Excited to collaborate on these transformative initiatives, as well as on green energy management", Adani stated.This agreement continues the Adani Group's focus on expanding its green energy footprint in neighboring countries. In November, Gautam Adani met the King and discussed potential contributions to Bhutan's green infrastructure development, aligning with the country's goals for sustainable growth and environmental stewardship.The 570 MW green hydro plant and associated infrastructure projects symbolize a deepening of bilateral ties, leveraging India's expertise in renewable energy to support Bhutan's sustainable development. In a boost to the 'Make in India' initiative, Netweb Technologies has announced the launch of a new range of AMD-based servers from its state-of-the-art manufacturing facility in Faridabad. These servers, equipped with the latest 4th Gen AMD EPYC processors, are designed to support up to 6TB of memory, catering to the high-performance computing needs of data centers and AI systems.Sanjay Lodha, CEO of Netweb Technologies, highlighted the strategic significance of this launch: "This range of servers underscores our commitment to the `Make in India' mission and showcases our capability to produce world-class technology domestically. The focus on local manufacturing reflects our investment in Indian talent and resources and emphasizes our dedication to developing advanced computing infrastructure for both government and private sectors".The announcement follows the recent inauguration of Netweb's high-end computing, storage, and switch manufacturing facility in Faridabad. The facility aims to produce cutting-edge computing systems using the latest technologies from Netweb's partners, including Intel, Nvidia, and AMD.Vinay Sinha, Corporate Vice President of AMD India Sales, expressed enthusiasm about the collaboration: "We are thrilled to support Netweb Technologies with our latest 4th Gen AMD EPYC processors. This partnership exemplifies our commitment to driving technology and innovation forward".This development is expected to strengthen India's position in the global technology landscape, enhancing the country's capability to produce high-performance computing solutions locally, while supporting Netweb's vision of fostering indigenous technological advancements.Netweb Technologies continues to contribute significantly to India's technology sector, with this latest venture marking a milestone in high-tech server production and a step forward in self-reliance. ADANI GROUP TO DEVELOP 570 MW GREEN HYDRO PLANT IN BHUTANNETWEB TECHNOLOGIES LAUNCHES AMD-BASED SERVERS FROM INDIAN MANUFACTURING FACILITYIN FOCUSIN FOCUS
< Page 8 | Page 10 >