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

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

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Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..