2,000 MW renewable energy projects to be developed by Onix Group in UP

15 Mar 2023 CW Team

Onix Group revealed during the recently finished Uttar Pradesh Investors Conference 2023 that it has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government. According to the MOU, Onix intends to build a 1,000 MW solar energy project in Prayagraj and a 1,000 MW wind energy producing facility in Baghpat.

Almost 1,500 people are anticipated to get job as a result of the proposed projects, which are scheduled to start this year and will require a proposed investment of Rs. 120 billion. The construction of these projects would support the state’s intention to invest in this industry while also enhancing Uttar Pradesh’s status as a leader in renewable energy.

Hardik Adhiya, Vice President, Onix Group stated, “We are overjoyed to declare our collaboration with the Uttar Pradesh government in the creation of these renewable energy projects. Our objective is to assist the state in achieving its aims for renewable energy while having a favourable effect on the environment and nearby populations. This initiative, we are certain, will be a crucial step in achieving our net-zero goals.”

Divyesh Savaliya, Chairman of the turnkey electrical, civil and renewable energy projects developer, stated, “We have been reassured that the government of Uttar Pradesh stands steadfastly with private participants like Onix that are committed to delivering high-quality, sustainable, and creative energy solutions in the state.”

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..