Hindustan Petroleum Ventures into Solar

17 May 2024 CW Team

Hindustan Petroleum Corporation Limited (HPCL) is diversifying its portfolio by venturing into the solar energy sector with plans to develop a 300 MW solar project. This strategic move underscores HPCL's commitment to renewable energy and its vision for a sustainable future.

The 300 MW solar project marks HPCL's entry into the renewable energy market, leveraging its expertise and resources to contribute to India's clean energy transition. By embracing solar power generation, HPCL aims to reduce its carbon footprint and support the country's renewable energy goals.

The project will be executed on an engineering, procurement, and construction (EPC) basis, with HPCL seeking to partner with experienced developers and contractors to ensure its successful implementation. The company's foray into solar underscores its commitment to innovation and diversification in the energy sector.

HPCL's expansion into solar energy aligns with the broader trend of traditional energy companies embracing renewable energy as a means to diversify their operations and future-proof their businesses. The move also reflects HPCL's recognition of the growing importance of renewable energy in India's energy landscape.

As India accelerates its transition towards clean energy, HPCL's entry into solar power generation signifies a significant step towards achieving the country's renewable energy targets. By harnessing solar energy, HPCL aims to contribute to India's energy security and sustainable development while positioning itself as a key player in the renewable energy market.

Overall, HPCL's venture into solar power generation exemplifies its commitment to sustainability and underscores the potential for collaboration between traditional and renewable energy sectors to drive India's energy transition forward.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..