Reliance, Nel Partner for Hydrogen Electrolysers

22 May 2024 CW Team

Reliance Industries has signed an agreement with Norway's Nel ASA to advance hydrogen electrolyser technology in India. This partnership aims to develop and install hydrogen electrolysers, which are crucial for producing green hydrogen. The collaboration is part of Reliance's strategy to achieve net-zero carbon emissions by 2035 and to expand its renewable energy portfolio.

Nel will supply its advanced alkaline electrolysers, leveraging its extensive experience in the hydrogen sector. These electrolysers will be used to generate green hydrogen, which is produced using renewable energy sources, thus reducing carbon emissions. This initiative aligns with global efforts to transition to sustainable energy solutions and combat climate change.

Reliance's commitment to green hydrogen is also in line with India's national hydrogen mission, which seeks to make the country a global hub for hydrogen production and export. The partnership with Nel is expected to boost local manufacturing capabilities and create significant economic and environmental benefits.

The project is anticipated to significantly cut carbon emissions by replacing fossil fuels with green hydrogen in various industrial processes, thereby supporting global climate goals and promoting cleaner energy alternatives.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..