Finolex expands its footprint in Maharashtra

Finolex Cables has taken a giant leap towards fostering economic growth and development by formalising a MoU with the Department of Industries, Government of Maharashtra. This has set the stage for its investment of Rs.5.8 billion, marking a milestone in its efforts within the optic fibre cables industry. In a groundbreaking move, it aims to become the second company in the country to manufacture glass preforms, a vital component for optical fibre production. The upgrade will see Draw Tower capacity doubling to 8 million fibre km per year, pushing optic cables' annual capacity to 10 million fibre km from 8 million fibre km.  Contact: FinolexTel: 020-27506200Website: www.finolex.com Amplus Solar’s first Inter-State Transmission System (ISTS) project in RajasthanAmplus Solar is commissioning its pioneering 360 MWp inter-state transmission system (ISTS) solar plant, Project Jai, in Bikaner, Rajasthan. The state-of-the-art solar facility, equipped with the latest available solar technology, including bi-facial modules, single-axis trackers and 100 per cent robotic cleaning systems, epitomises its commitment to innovation and sustainability. Notably, the implementation of robotic cleaning system at Project Jai is projected to reduce the consumption of water for panel cleaning at the plant by up to 50 million litres per year, demonstrating its dedication to environmental stewardship.Amplus operational plants are expected to generate 22 billion units of electricity over their lifetime. The CO2 abatement over the lifetime of these projects amountsto 21 million MT and the environmental impact can also be equated to 24 million mature trees absorbing CO2 for 40 years.Contact: Amplus SolarTel: 124 – 2654999Website: www.amplussolar.comHoneywell MOU for Vietnam’s first Green Hydrogen plant Honeywell has signed a Memorandum of Understanding (MoU) with The Green Solutions Group Corporation (TGS) on the Tra Vinh Green Hydrogen project, Vietnam's first green hydrogen plant in the Mekong Delta. Honeywell Battery Energy Storage System (BESS) helps decrease costs and carbon emissions while providing grid stability from renewable power sources. Vietnam pledged to become net zero by 2050. By some estimates, it is one of the top five countries likely to be most affected by climate change, with possible severe social and economic risks. The country has high solar and wind power potential, especially in the Mekong Delta region, where the Tra Vinh plant is located.Contact: HoneywellWebsite: www.honeywell.comKundan Green Energy will develop new hydropower project in SikkimKundan Green Energy will develop a Greenfield hydropower plant at Rellichu in Sikkim. The Government of Sikkim has awarded the project to it in continuation of its record of executing hydro projects on best-in-class standards. To be completed in 2026, the Rellichu project will generate 21 MW and add to Sikkim’s energy agenda. Once commissioned, the project will take hydropower capacities of Kundan Green Energy to 125 MW from the present 104 MW. While the industry average in commissioning plants is 8-10 years, Kundan Green Energy’s mean average, including Greenfield plants is a mere 4-5 years.Contact: Kundan Green EnergyEmail: info@kundangreenenergy.comWebsite: kundangreenenergy.comLAPP unveils new brand identityLAPP unveiled its new brand identity and tagline, ‘alive by LAPP’. This initiative reflects the company's evolution over the last 65 years. Marc Jarrault, MD, Lapp India, said, The refreshed brand identity, with its vibrant blend of orange and purple reflects a deeper commitment to the future. The orange continues to symbolise the energetic spirit of innovation that has driven us. The dash of purple signifies our focus to be a more accessible brand. Ultimately, orange and purple together represent the energy and collaborative spirit that LAPP brings to creating solutions.”Contact: LAPPTel: 80-68275000Website: www.e.lapp.com