Hindalco to acquire stake in a 5 MW captive open access wind project
POWER & RENEWABLE ENERGY

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

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.

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.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->