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ReNew secures $1 billion from European bank Societe Generale
Power Generation - May 17,2024
ReNew has secured debt financing from Societe Generale for energy transition projects. The MoU entails up to $1 billion for renewable energy ventures over three years. Collaborating on solar, wind, gr .

PPCB mulls establishing plant for hydrochloric acid recovery
Environment - May 17,2024
The Punjab Pollution Control Board (PPCB) plans to establish a hydrochloric acid (HCL) recovery plant to scientifically and environmentally recover spent acid in Punjab. After studying similar plants .

Karnataka's first waste-to-energy plant to be operational in 2 weeks at Bidadi
Power Generation - May 17,2024
A joint initiative between Karnataka Power Corporation Ltd (KPCL) and Bruhat Bengaluru Mahanagara Palike aims to power around two lakh homes within 15 days using Karnataka's first operational was .

TI Clean Mobility commits Rs 320 crore investment
Automotive Industries - May 17,2024
TI Clean Mobility, a subsidiary of Tube Investments of India Ltd, plans to invest Rs 471 crore in expansion, primarily to establish a Chennai factory for electric small commercial vehicles. The compan .

Epsilon to establish Rs 5,000 crore Cathode plant in India
Manufacturing - May 17,2024
Epsilon Advanced Materials (EAM) plans to invest INR 5,000 Crore for a cathode plant in India, considering Karnataka, Tamil Nadu, and Telangana. Another investment of USD 1.1 Billion in Karnataka will .

Gujarat Toolroom to construct Rs 572.5 crore hybrid green energy plant
Power Generation - May 17,2024
Gujarat Toolroom (GTL) plans a hybrid-green energy power plant with a total project cost of Rs 572.5 crore. Investment includes Rs 150 crore for solar panels, Rs 225 crore for wind turbines, and other .

India awards tenders for 412,000 tonnes green hydrogen production
Manufacturing - May 17,2024
India has awarded tenders for 412,000 tons of green hydrogen manufacturing and 1.5 gigawatts of electrolyzer manufacturing capacity, as announced by Bhupinder S Bhalla, Secretary of the Ministry of Ne .

Enfinity Global to establish 1.2 GW of solar and wind projects in India
Power Generation - May 16,2024
Enfinity Global secures $135 million financing from CPP Investments for 1.2 GW solar and wind projects in India. Spread across Maharashtra, Delhi, Karnataka, Rajasthan, and Uttar Pradesh, the projects .