Hindalco to acquire stake in a 5 MW captive open access wind project

04 Jul 2022 CW Team

Hindalco Industries is to purchase a 26 per cent stake in Cleanwin Energy SIX's 5 MW captive open access wind project. Hindalco stated that it is looking into ways to lower its energy expenditures and open access from captive renewable energy sources is one approach. In light of this, the corporation plans to invest in the wind power producer Cleanwin Energy SIX. The 26 per cent share will cost Rs. 7.15 million ($90,578). According to a BSE filing, the company donated its initial equity on May 30, 2022.

Industries are constantly on the lookout for greener, lower-cost energy sources. With many innovative company concepts, there is a growing interest in being green. Renewable open access has recently received increased attention.

Real Estate

18 Sep 2025

Smartworks Unveils Largest Mumbai Campus at Intellion Park, Navi Mumbai

Smartworks Coworking Spaces, India’s largest managed office platform by area under management, has launched its largest Mumbai campus with 557,000 sq. ft. at Intellion Park, Navi Mumbai, a Tata Realty development. With this addition, Smartworks’ leased portfolio in Mumbai has crossed 1 million sq. ft. Strategically located on Thane Belapur Road, Intellion Park is set to become Navi Mumbai’s largest IT Park, supported by strong infrastructure and connectivity. The new campus, with LEED Platinum, IFC Edge, and WELL Gold pre-certifications, incorporates solar power, smart automat..

Major Developments Partners with Patrice Evra for Colibri Views Tower

Major Developments has named global football icon Patrice Evra as Project Partner for Colibri Views, its flagship tower at RAK Central. The announcement was made during the RAK Central event celebrating the completion of the district’s core infrastructure, led by H.E. Arch. Abdulla Al Abdouli, CEO of Marjan. Andrei Charapenak, CEO of Major Developments, and Evra unveiled Colibri Views as a development designed to blend business, lifestyle, and leisure. The tower will feature the UAE’s first rooftop Footbot football simulator, an award-winning performance-driven wellness innovation con..

Vascon Engineers Targets Rs 40 billion EPC Orders and Rs 25 billion Realty

Vascon Engineers, a leading EPC and realty player with nearly four decades of experience, has set a target of achieving an EPC order book of Rs 40 billion and real estate projects worth Rs 25 billion by FY27. The company is active across 13 cities, with an EPC business split of 75:25 between government and private clients. Current projects include a Rs 6.06 billion medical college at Suphal, Bihar, Capgemini IT Park in Chennai worth Rs 4.16 billion, and the Rs 2.60 billion Vedanta Township project. “Vascon Engineers’ strength lies in balancing our EPC and real estate businesses a..