15 MW solar plant to be established by Visakhapatnam Port Authority

06 Jun 2023 CW Team

Visakhapatnam Port Authority (VPA) has announced its plans to commission a phased establishment of a 15 MW solar plant. The port currently operates a 10 MW solar plant and has requested the Andhra Pradesh government for land to set up the new solar facility. VPA was the first among the 12 major ports in the country to venture into solar energy production.

In an effort to reduce carbon emissions from its equipment and transportation vehicles, the port aims to utilise LNG, CNG, and green hydrogen. To support this objective, VPA has partnered with the Indian Oil Corporation (IOC) to establish a CNG bunkering facility, with an investment of Rs 100 million. Additionally, the port has planned the construction of four covered storage sheds with a total capacity of 2.94 lakh MT, costing Rs 1.16 billion. VPA Chairperson M Angamuthu stated that the work on these projects will be completed between September and March.

In alignment with the 'Harit Sagar' guidelines for achieving quantifiable reductions in carbon emissions by 2030, the port has implemented various green initiatives. This includes the deployment of 221 water sprinklers across eight cargo storage locations, covering 100 acres, to suppress dust from cargo stacks. The port also operates a 10 MLD Sewage Treatment Plant (STP) to treat municipal waste from the city entering the port area, and plans to establish another 5 MLD STP.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..