US Envoy Praises Adani's Khavda Renewable Energy Project

23 Jul 2024 CW Team

US Ambassador to India, Eric Garcetti, has lauded the Adani Group?s Khavda renewable energy project in Gujarat, describing it as a milestone in India?s green energy sector. During his visit to the site, Garcetti emphasised the project's significance in promoting sustainable energy and addressing climate change.

The Khavda project is poised to be one of the largest renewable energy ventures in India, with a planned capacity of 20 GW, combining solar and wind energy generation. It is part of Adani Group?s broader strategy to expand its renewable energy portfolio and support India's ambitious renewable energy targets.

Garcetti highlighted the collaboration between the US and India in the field of renewable energy, noting that projects like Khavda exemplify the potential for bilateral cooperation. He commended the Adani Group for its commitment to clean energy and sustainable development, underscoring the project's potential to create jobs and spur economic growth in the region.

The Khavda project is expected to play a crucial role in India's energy transition, contributing significantly to the country's renewable energy capacity. It aligns with India's goal to achieve 500 GW of renewable energy capacity by 2030, reducing dependence on fossil fuels and lowering carbon emissions.

Gautam Adani, Chairman of the Adani Group, expressed gratitude for Garcetti?s support and reaffirmed the company?s dedication to advancing renewable energy initiatives. The Khavda project stands as a testament to India's progress in the renewable energy sector, showcasing the nation's commitment to a sustainable and resilient future.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..