Karnataka Secures Second Place in Wind Power Generation

21 Jun 2024 CW Team

India has been placed 63rd on the Global Energy Transition Index, as per the latest report by the World Economic Forum (WEF). The index assesses the progress of countries towards sustainable energy systems based on various indicators such as energy security, environmental sustainability, and affordability. Sweden has emerged as the leader, recognized for its robust efforts in transitioning towards cleaner energy sources.

The ranking highlights India's ongoing efforts and challenges in its energy transition journey. Despite initiatives like the expansion of renewable energy capacity and policy reforms aimed at reducing carbon emissions, the country faces significant hurdles in achieving a sustainable energy ecosystem. Factors such as energy access, affordability, and the integration of renewable energy sources remain crucial areas for improvement.

The WEF report underscores the importance of accelerating global efforts towards energy transition, emphasising the need for collaborative policies and investments in renewable energy infrastructure. It encourages countries to enhance their commitments to cleaner energy solutions to mitigate climate change impacts and foster sustainable development.

India's position on the index reflects both achievements and areas requiring attention in its energy transition strategy. Continued advancements in renewable energy adoption and sustainable practices are essential for India to enhance its global standing and contribute effectively to the collective goals of energy security and environmental stewardship.

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..