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India's Green Hydrogen Plan: Biomass Conversion
India is embarking on a transformative journey from barren lands to abundant green hydrogen production through biomass conversion. This innovative approach underscores India's commitment to harnessing renewable resources for sustainable energy solutions and reducing carbon emissions.
The plan involves utilising biomass, including agricultural and forestry residues, to produce green hydrogen, a clean and versatile fuel with immense potential for decarbonizing various sectors. By tapping into biomass resources, India aims to unlock a new avenue for green hydrogen production while addressi..
India's Q1 Energy Shift: Renewables Overtake Coal
In a significant milestone, renewables accounted for 71.5% of India's energy production in the first quarter, surpassing coal for the first time in decades. This shift reflects the growing prominence of renewable energy sources in India's energy mix and underscores the country's commitment to sustainable development.
During the first quarter, India generated 13,669 megawatts (MW) of energy, with renewables contributing the majority share. This surge in renewable energy production highlights the strides made by India in transitioning towards cleaner and greener sources of power generatio..
India's Office Leasing Demand Set to Exceed 70 Million Sq Ft in 2024
India's office leasing demand is projected to surpass 70 million square feet in 2024, reflecting a significant uptick in commercial real estate activity. The country's commercial office market continues to exhibit resilience and growth despite challenges posed by the global economic landscape.
Several factors are driving the surge in office leasing demand, including the expansion plans of multinational corporations, the emergence of startups, and the increasing adoption of flexible workspace solutions. As businesses strive to adapt to evolving work models and capitalise on emerging oppo..
Adani Energy Acquires Essar's Transmission Assets
Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.
The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..
IEX Q4 Net Profit Grows 9.5%
The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.
The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..
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