Renew & SMIORE collaborates on renewable energy project in Karnataka

04 Jul 2023 CW Team

The partners have entered into an equity-based agreement to establish a power plant that harnesses both wind and solar energy, generating sustainable electricity. The project, developed by Renew Sandur Green Energy, comprises a 33 MW solar power plant and a 9.9 MW wind power plant. This initiative is expected to make a substantial contribution to the region's renewable energy landscape. By capitalising on the power of sunlight and wind, the project aims to reduce carbon emissions and promote a greener future. The company emphasises the utilisation of advanced technologies and efficient infrastructure to maximise energy production while minimising the environmental impact.

Bahirji A Ghorpade, Managing Director of SMIORE, expressed his satisfaction, stating, "The capital raised through a right Issue has been instrumental in completing this project. SMIORE will be able to utilise renewable energy to power our metallurgical plants for many years to come. This achievement marks a significant milestone towards a sustainable future as our reliance on fossil fuels diminishes, contributing to a greener environment.

Rahula Kashyapa, Vice-President of Business Development - B2B Business at ReNew, highlighted the project's significance, stating, "This initiative will substantially enhance the region's renewable energy capacity, reduce dependence on fossil fuels, and combat climate change. ReNew and SMIORE are proud to be at the forefront of the renewable energy revolution, and this joint investment signifies a crucial milestone in their shared commitment to a sustainable future. We anticipate the positive impact it will have on the environment and the local community.

Renew Energy Global Plc (ReNew), a renowned player in the renewable energy sector, has recently announced its investment in a renewable energy project located in Kudligi, Vijayanagara district of Karnataka. This endeavour is being undertaken by ReNew's subsidiary, Renew Green Energy Solutions, in collaboration with Sandur Manganese and Iron Ores (SMIORE), a prominent industrial conglomerate. The partners have entered into an equity-based agreement to establish a power plant that harnesses both wind and solar energy, generating sustainable electricity. The project, developed by Renew Sandur Green Energy, comprises a 33 MW solar power plant and a 9.9 MW wind power plant. This initiative is expected to make a substantial contribution to the region's renewable energy landscape. By capitalising on the power of sunlight and wind, the project aims to reduce carbon emissions and promote a greener future. The company emphasises the utilisation of advanced technologies and efficient infrastructure to maximise energy production while minimising the environmental impact. Bahirji A Ghorpade, Managing Director of SMIORE, expressed his satisfaction, stating, The capital raised through a right Issue has been instrumental in completing this project. SMIORE will be able to utilise renewable energy to power our metallurgical plants for many years to come. This achievement marks a significant milestone towards a sustainable future as our reliance on fossil fuels diminishes, contributing to a greener environment. Rahula Kashyapa, Vice-President of Business Development - B2B Business at ReNew, highlighted the project's significance, stating, This initiative will substantially enhance the region's renewable energy capacity, reduce dependence on fossil fuels, and combat climate change. ReNew and SMIORE are proud to be at the forefront of the renewable energy revolution, and this joint investment signifies a crucial milestone in their shared commitment to a sustainable future. We anticipate the positive impact it will have on the environment and the local community.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Equipment

11 Dec 2025

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

Equipment

11 Dec 2025

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..