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

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

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

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..