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Indian Oil and EverEnviro form JV for CBG production
Indian Oil Corporation (IOCL) has partnered with EverEnviro Resource Management to establish a joint venture (JV) focused on converting organic waste into compressed biogas (CBG). The two companies will share equal ownership in the JV, which will integrate advanced biogas technologies to promote biofuels and support the national deployment of CBG plants. This initiative aligns with IOCL’s long-term low-carbon strategy and its goal of achieving operational net-zero emissions by 2046. In addition to the CBG…
Grasim acquires stakes in SPVs for solar power development at Karnataka and Tamil Nadu plants
Grasim Industries Limited has acquired 26% equity stakes in two special purpose vehicles (SPVs), AMPIN Energy C&I Three Private Limited and AMPIN Energy C&I One Private Limited, to develop solar power facilities at its plants in Chamarajanagar, Karnataka, and Cheyyar, Tamil Nadu. Grasim Industries will invest up to Rs 12 million for the Chamarajanagar plant and Rs 12.6 million for the Cheyyar plant. Each SPV will develop a captive solar power generation facility with a…
Voltalia secures contract for 128 MW solar project in Ireland from Ørsted
Voltalia has been awarded a contract by Ørsted to manage the engineering, procurement, and construction of a 128 MW solar power facility located in County Carlow, Ireland. This new project strengthens Voltalia’s presence in Ireland, bringing the company’s total built or under-construction capacity in the country to over 540 MW. In 2023, Voltalia secured significant projects, including the 108 MW Timahoe North solar farm with ESB and Bord na Móna, and four additional photovoltaic projects…
Vedanta to invest Rs 1 trillion in Rajasthan
Vedanta has announced plans to invest more than Rs 1 trillion in Rajasthan, covering its zinc, renewable energy, and oil and gas divisions. This investment is expected to create around 200,000 jobs and support the development of over 500 downstream industries across various sectors. Hindustan Zinc, a Vedanta Group company, will invest Rs 300 billion to double its zinc production capacity from 1.2 million tonnes per annum (MTPA) to 2 MTPA, increase silver output from…
Schneider Electric launches Miluz ZeTa home range of switches and sockets
Schneider Electric has unveiled “Miluz ZeTa,” its latest range of switches, sockets, and home connectivity solutions in the Indian market. The Miluz ZeTa collection features innovations like a patented space-saving switch socket, an Air Quality Indicator (AQI), and a Voltage Surge Protector (VSP). Compatible with the Schneider Electric Wiser system, the range facilitates seamless energy management and smart home integration. The Miluz ZeTa range, which recently won an accolade at India’s Best Design Awards 2024,…
Surana Solar wins 54 MW solar project in Maharashtra
Surana Solar Limited has been awarded a letter of award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 54 MW solar photovoltaic project in Maharashtra. The project falls under the Mukhyamantri Saur Krushi Vahini Yojna 2.0, which aims to implement solar energy at the feeder level under Component C of the PM-KUSUM Scheme. The project will operate at a tariff rate of Rs 2.99 per kWh, with a subsidy of…