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Maharashtra cabinet approves Rs 810 billion worth of projects

The Cabinet of Maharashtra has approved seven major industrial projects worth over Rs 810 billion, for sectors including lithium batteries, electric vehicles, and semiconductors. Key projects include JSW Energy PS Eleven Ltd’s Rs 250 billion lithium battery plant in Nagpur and JSW Green Mobility Ltd’s Rs 272 billion electric and hybrid car manufacturing facility in Chhatrapati Sambhajinagar. Additionally, an integrated semiconductor project costing Rs 120 billion will be established in Taloja. The approved projects will…

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Renewable energy adoption lags in India’s major industries: CRH report

Among 33 of India’s top companies in sectors like cement, steel, aluminium, textiles, and fertilizers, only 5 per cent of the companies’ electricity consumption comes from renewable sources. This assessment was highlighted by the think tank Climate Risk Horizons (CRH) in their report, titled “Slow to Switch.” The report found that companies like JSW, Jindal, Tata Steel, and ArcelorMittal/Nippon Steel meet less than 0.05 per cent of their energy needs from renewables. Textile firms such…

India

News Subsections News India Global Socomec launches compact automatic transfer switching equipment September 10, 2024 Socomec India has unveiled its latest innovation, the “ATyS a M” pre-programmed Automatic Transfer Switching Equipment (ATSE), designed for commercial establishments, high-rise buildings, industries, and sectors like healthcare and hospitality. This… NCT approves TBCB route for Rs 100 billion interstate transmission projects September 10, 2024 The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended…