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.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..