+
Jakson Green Secures Major Funding
POWER & RENEWABLE ENERGY

Jakson Green Secures Major Funding

Jakson Green has secured a significant Rs 60 crore funding from HSBC India, underscoring a notable milestone in the renewable energy sector. This investment highlights HSBC's commitment to supporting green initiatives and fostering sustainable growth within the industry. The funding will be utilised to enhance Jakson Green's renewable energy projects, particularly focusing on expanding their solar and wind energy capacities.

Jakson Green, a prominent player in the renewable energy market, aims to leverage this financial boost to accelerate the deployment of clean energy solutions. The company has been at the forefront of innovation, consistently pushing the boundaries to deliver efficient and sustainable energy alternatives. This infusion of capital is expected to bolster their efforts in achieving higher operational efficiency and scaling up their project execution capabilities.

The collaboration with HSBC India is a testament to the increasing interest and confidence of financial institutions in the renewable energy sector. HSBC's investment is aligned with their global strategy to support environmentally sustainable projects and contribute to the reduction of carbon emissions. This partnership is poised to set a precedent for future investments in green technologies, encouraging more financial institutions to invest in the renewable energy landscape.

This funding will also enable Jakson Green to explore new technologies and innovations in the renewable energy domain. The company plans to invest in advanced research and development to enhance the performance and efficiency of their energy systems. Additionally, part of the funds will be allocated to training and development programmes aimed at equipping their workforce with the necessary skills to manage and operate sophisticated renewable energy projects.

In summary, the Rs 60 crore funding from HSBC India marks a pivotal moment for Jackson Green, propelling them towards achieving their sustainability goals and contributing to the global efforts in combating climate change.

Jakson Green has secured a significant Rs 60 crore funding from HSBC India, underscoring a notable milestone in the renewable energy sector. This investment highlights HSBC's commitment to supporting green initiatives and fostering sustainable growth within the industry. The funding will be utilised to enhance Jakson Green's renewable energy projects, particularly focusing on expanding their solar and wind energy capacities. Jakson Green, a prominent player in the renewable energy market, aims to leverage this financial boost to accelerate the deployment of clean energy solutions. The company has been at the forefront of innovation, consistently pushing the boundaries to deliver efficient and sustainable energy alternatives. This infusion of capital is expected to bolster their efforts in achieving higher operational efficiency and scaling up their project execution capabilities. The collaboration with HSBC India is a testament to the increasing interest and confidence of financial institutions in the renewable energy sector. HSBC's investment is aligned with their global strategy to support environmentally sustainable projects and contribute to the reduction of carbon emissions. This partnership is poised to set a precedent for future investments in green technologies, encouraging more financial institutions to invest in the renewable energy landscape. This funding will also enable Jakson Green to explore new technologies and innovations in the renewable energy domain. The company plans to invest in advanced research and development to enhance the performance and efficiency of their energy systems. Additionally, part of the funds will be allocated to training and development programmes aimed at equipping their workforce with the necessary skills to manage and operate sophisticated renewable energy projects. In summary, the Rs 60 crore funding from HSBC India marks a pivotal moment for Jackson Green, propelling them towards achieving their sustainability goals and contributing to the global efforts in combating climate change.

Next Story
Technology

Minda, Qualcomm Join Forces for Smart Auto Cockpit Tech

Minda Corporation Limited, the flagship of the Spark Minda Group, has announced a strategic partnership with Qualcomm Technologies, Inc. to develop intelligent and connected cockpit solutions for the Indian automotive market. The upcoming smart interface will be powered by Qualcomm’s Snapdragon Cockpit Platform.Commenting on the collaboration, Suresh D, Group CTO of Minda Corporation, said, “This partnership with Qualcomm Technologies marks a major milestone in advancing Minda’s digital cockpit capabilities. By utilising Qualcomm’s cutting-edge automotive platforms, we can now offer se..

Next Story
Infrastructure Transport

Railways Spent Rs 604.7 Billion on Passenger Subsidy in FY24

New Delhi – The Indian Railways provisionally spent Rs 604.7 billion in subsidies during the financial year 2023–24, covering 45 per cent of passenger travel costs, Railway Minister Ashwini Vaishnaw informed the Lok Sabha on Wednesday.In a written response to questions from multiple Members of Parliament regarding the recent rail fare hike, Vaishnaw stated that the Indian Railways continues to offer one of the most affordable transport services globally, ferrying over 7.2 billion passengers annually."The total amount of subsidy provided in FY 2023–24 on passenger travel is provisionally ..

Next Story
Infrastructure Urban

Auto Sector Can Cut Emissions by 87% by 2050: CEEW

India’s automobile industry could reduce its manufacturing emissions by 87 per cent by 2050 through a shift to green electricity and low-carbon steel, according to a study released by the Council on Energy, Environment and Water (CEEW).The report estimates that if original equipment manufacturers (OEMs) and their suppliers target net-zero emissions by 2050, annual emissions could fall from a projected 64 million tonnes of CO₂ (under the business-as-usual scenario) to just 9 million tonnes. This would require OEMs to adopt 100 per cent green electricity and steel suppliers to source 56 per ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?