DP World Achieves 65 Per Cent Green Power Use in 2024
DP World sourced 65 per cent of its electricity from renewable energy in 2024, according to its latest sustainability report. The Dubai-based logistics and port operator invested $1.17 Bn in green infrastructure, including fleet electrification and clean energy systems.The funds were part of a $1.5 Bn Green Sukuk raised in 2023, with $1.17 Bn already allocated to eligible low-carbon projects. In addition, DP World issued a $100 Mn Blue Bond, marking the first of its kind among corporates in Central and Eastern Europe, the Middle East, and Africa.The Blue Bond will support sustainable marine tr..
GAIL, Karnataka to Jointly Develop One GW Green Energy Capacity
GAIL (India) Limited has signed a memorandum of understanding with the Government of Karnataka to develop renewable energy projects with a combined capacity of up to one gigawatt over the next five years. Signed in Bengaluru on 9 May 2025, the agreement aligns with GAIL’s goal to achieve net-zero emissions by 2035.The Karnataka government will assist in approvals, clearances, and incentives as per current policies. Planned projects include ground-mounted, rooftop and floating solar systems, wind energy, and battery storage solutions. The initiative aims to boost Karnataka’s clean energy ca..
Lakhanpur to Get 10 MW Solar Plant by APM Projects
APM Projects has been awarded a contract by the Central Mine Planning and Design Institute (CMPDI) to develop a 10 megawatt grid-connected solar power plant in Lakhanpur, Odisha. The project, valued at Rs 487.33 Mn, will be located on 15 hectares of land in Kirarama village, Jharsuguda district.The plant will support the energy needs of the Mahanadi Coalfields region. APM Projects will be responsible for engineering, procurement, construction, and operation and maintenance of the plant for a period of ten years.The solar facility will utilise high-efficiency modules rated at a minimum of 550 w..
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