EKI, Shell to form JV for nature-based solutions in India
POWER & RENEWABLE ENERGY

EKI, Shell to form JV for nature-based solutions in India

Pre-eminent global service provider EKI Energy Services Limited and Shell Overseas Investments BV, a unit of Shell plc, have signed an agreement to establish a joint venture for nature-based solutions in India.

The EKI Energy Services Limited and Shell Overseas Investments BV had floated a joint venture company to work on nature-based solutions in India for the reduction of greenhouse gas emissions.

A company has been incorporated under the name Amrut Nature Solutions Private Limited as a part of their joint venture which has its registered office in Indore.

For ensuring environmental sustainability, Amrut Nature Solutions Private Limited shall work towards restoration, conservation, and enhancement of natural ecosystems including forests, grasslands, blue carbon, agriculture, and wetlands to reduce greenhouse gas emissions.

The joint venture shall offer consultancy/advisory services for the development of NBS projects like sustainable agriculture, mangroves, and forests for the generation of carbon credits for international voluntary or compliance carbon markets.

These projects will mitigate greenhouse gasses and effectively address societal challenges while simultaneously providing biodiversity and well-being benefits.

EKI Energy Services Limited CMD and CEO Manish Dabkara said that via this joint venture the company seeks to speed the country's net-zero transition along with developing a climate-resilient economy through the enhancement of adoption and execution of various nature-based solutions which will reduce the overall concentration of greenhouse gas.

Image Source

Also read: India to emerge as clean energy superpower: Ambani

Pre-eminent global service provider EKI Energy Services Limited and Shell Overseas Investments BV, a unit of Shell plc, have signed an agreement to establish a joint venture for nature-based solutions in India. The EKI Energy Services Limited and Shell Overseas Investments BV had floated a joint venture company to work on nature-based solutions in India for the reduction of greenhouse gas emissions. A company has been incorporated under the name Amrut Nature Solutions Private Limited as a part of their joint venture which has its registered office in Indore. For ensuring environmental sustainability, Amrut Nature Solutions Private Limited shall work towards restoration, conservation, and enhancement of natural ecosystems including forests, grasslands, blue carbon, agriculture, and wetlands to reduce greenhouse gas emissions. The joint venture shall offer consultancy/advisory services for the development of NBS projects like sustainable agriculture, mangroves, and forests for the generation of carbon credits for international voluntary or compliance carbon markets. These projects will mitigate greenhouse gasses and effectively address societal challenges while simultaneously providing biodiversity and well-being benefits. EKI Energy Services Limited CMD and CEO Manish Dabkara said that via this joint venture the company seeks to speed the country's net-zero transition along with developing a climate-resilient economy through the enhancement of adoption and execution of various nature-based solutions which will reduce the overall concentration of greenhouse gas. Image Source Also read: India to emerge as clean energy superpower: Ambani

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?