SBI Secures ?165 Million World Bank Fund for Rooftop Solar Expansion
POWER & RENEWABLE ENERGY

SBI Secures ?165 Million World Bank Fund for Rooftop Solar Expansion

The State Bank of India (SBI) has clinched a significant ?165 million funding agreement with the World Bank to accelerate the expansion of rooftop solar projects across the country. This groundbreaking initiative marks a crucial step towards sustainable energy solutions and reinforces India's commitment to reducing carbon emissions. In a strategic move to harness clean and renewable energy sources, the funds will be allocated to propel the adoption of rooftop solar installations in both urban and rural settings. This investment not only aligns with India's ambitious renewable energy goals but also positions SBI as a key player in fostering environmentally conscious practices.

The State Bank of India (SBI) has clinched a significant ?165 million funding agreement with the World Bank to accelerate the expansion of rooftop solar projects across the country. This groundbreaking initiative marks a crucial step towards sustainable energy solutions and reinforces India's commitment to reducing carbon emissions. In a strategic move to harness clean and renewable energy sources, the funds will be allocated to propel the adoption of rooftop solar installations in both urban and rural settings. This investment not only aligns with India's ambitious renewable energy goals but also positions SBI as a key player in fostering environmentally conscious practices.

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Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

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Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

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Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

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