HPCL, SECI signs MoU for collaboration in RE, electric mobility

08 Mar 2022 CW Team

Hindustan Petroleum Corporation Ltd (HPCL) and Solar Energy Corporation of India Ltd (SECI) have signed a memorandum of understanding (MoU) for collaboration and cooperation in the renewable energy field, electric mobility, and alternative fuels, including the development of Environmental, social, and governance (ESG) projects.

On February 24, a Memorandum of Understanding (MoU) was signed between HPCL and SECI to recognise green energy goals and the efforts of the Government of India (GOI) towards a carbon-neutral economy.

The MOU foresees cooperation and collaboration in the areas of renewable energy, electric mobility, and alternative fuels, as well as the creation of ESG projects.

SECI is engaged in the development and promotion of several renewable energy resources, particularly RE-based Storage Systems, Waste to Energy, trading off the power, R&D Projects, Solar/Wind energy, along with the RE base products like Green Hydrogen, green Ammonia, RE powered electric vehicles (EV), etc.

HPCL is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is under the Ministry of Petroleum and Natural Gas of the Government of India.

SECI is under the Ministry of New and Renewable Energy (MNRE), GOI, founded to facilitate the execution of the National Solar Mission.

Image Source

Also read: HPCL, SECI signs MoU for RE objectives and Carbon-neutral economy

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..