APRIL 20249TOP STORIESTHE RISE OF DEMAT ACCOUNTS: HOW ELECTRONIC TRADING IS REVOLUTIONIZING THE INDIAN SHARE MARKETThe Indian share market is undergoing a significant transformation. The advent of technology, particularly electronic trading, is making investing more accessible and efficient. This transformation is largely driven by the rise of Demat accounts, which have streamlined the trading process, reduced paperwork, and enhanced transparency.Choice, a full-service brokerage firm in India, has been at the forefront of this revolution. By offering easy-to-use platforms for opening free Demat account, they have played a pivotal role in bringing more investors into the fold. This has not only increased participation in the stock market but also contributed to financial growth for many individuals, both from urban and rural areas.The shift to electronic trading has made the process of buying and selling shares akin to online shopping. Just as one can buy a product with a few clicks, shares can now be bought and sold with similar ease. This has empowered traders, both new and experienced, to make informed decisions and improve their trading strategies."The rise of Demat accounts is a testament to the power of technology in revolutionizing industries," says a senior executive at Choice. "It has made stock trading more streamlined and transparent, thereby contributing to financial growth for many individuals."As of January 2024, there has been a significant increase in the number of Demat accounts in India. According to the Securities and Exchange Board of India (SEBI), the number of Demat accounts has grown by 20 percent compared to the previous year. This trend is expected to continue as more people realise the benefits of electronic trading.In conclusion, the rise of Demat accounts and the revolution of electronic trading is a game-changer for the Indian share market. It has made trading more accessible, efficient, and transparent, thereby contributing to financial growth for many individuals. As technology continues to evolve, we can expect even more innovations in the world of stock trading.Advertorial Disclaimer: This press release is for informational purposes only and should not be considered as investment advice. Make sure to consult a financial advisor before making any investment decisions. ADANI GREEN'S LATEST SOLAR PROJECT TO GENERATE 540M UNITS OF ELECTRICITYOn Wednesday, Adani Green Energy (AGEL) announced the commissioning of a 180 MW solar power plant at Devikot in Jaisalmer, Rajasthan. The plant has secured a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI).According to the company, the newly commissioned solar plant is expected to generate approximately 540 million units of electricity annually, which is sufficient to power over 1.1 lakh homes. Additionally, it is estimated to reduce around 0.39 million tonnes of CO2 emissions.To maximize generation efficiency, the plant utilizes next-generation bifacial solar PV modules and horizontal single-axis solar trackers (HSAT), enabling optimal tracking of the sun throughout the day. Furthermore, the plant features waterless robotic module cleaning systems, promoting water conservation in the arid region of Jaisalmer.AGEL has also implemented an Energy Network Operation Centre (ENOC) anchored in a secured digital cloud platform for real-time monitoring of its renewable energy assets aimed at enhancing operational performance.With the successful commissioning of this plant, AGEL's operational solar portfolio has expanded to 6,243 MW, making it the largest operational renewable generation capacity in India, totaling 9,784 MW, as stated in the company release.
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