Green energy giants plan to invest almost Rs 190 billion in UP

03 Oct 2022 CW Team

The private sector companies have planned to invest close to Rs 190 billion in the state's green energy industry, which will significantly advance the road map for renewable energy in Uttar Pradesh.

These include Greenco Group and JSW Group investment proposals for various renewable energy projects totaling approximately Rs 130 billion and Rs 59 billion, respectively. The UP government has never before had such large investment offers in the embryonic domestic green energy sector.

The state is working toward the Centre's overarching goal of 450 gigawatts (GW) of renewable energy capacity and 500 GW of non-fossil energy capacity by 2030. It is a component of India's dedication to achieving its global goals for green energy and the environment.

Also read:
Birla Estates acquires 10 acre land in Bengaluru for housing project
NAREDCO Maharashtra set to host India's first real estate property Expo

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..