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UAE, a pioneer in renewable energy: President of Palau

Dec 01, 2023

Dubai [UAE], December 1:SurangelWhipps Jr., President of Palau, said the UAE is a trailblazer in the field of renewable energy, especially solar energy.Palau is also interested in this sector, and the UAE's experience in renewable energy makes it possible not to exceed a 1.5-degree Celsius rise in the Earth's temperature and helps reduce carbon emissions, he added."COP28 is garnering great interest from various participating countries and will serve as a significant gathering for climate enthusiasts, reflecting the engagement of people who are keen to change and preserve the planet through making serious steps towards a better future, he further added, stressing that he expects COP28 to be one of the largest COP events," the President of Palau told the Emirates News Agency (WAM)."We look beyond the Paris Agreement and today at COP28 to the principle of commitment and unifying efforts to address climate change," Whipps said, noting that there are many examples of this, such as using electric vehicles, increasing the use of solar energy, or any solution that can be adopted to protect the planet.He then lauded the excellent organisation of the event, highlighting his keenness to boost the cooperation between the UAE and Palau in areas of renewable and clean energy.Source: Emirates News Agency

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H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore

New Delhi [India], June 7: H.M. Electro Mech Limited, engaged in the field of turnkey projects of supply, installation, testing and commissioning of pumping machineries along with comprehensive operation and maintenance has reported net profit of Rs. 8.35 crore for the financial year ended March 2025, rise of 4.25% as compared to the net profit of Rs. 8.01 crore reported in the financial year 2023-24. Revenue from operations of the company for the FY25 was reported at Rs. 121.67 crore, rise of 3.96% Y-o-Y as compared to the revenue from operations of Rs. 117.03 crore.

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