Vikas Ecotech ventures into conventional energy with Rs 0.2 bn order

08 Aug 2023 CW Team

Vikas Ecotech (VEL) made an announcement about its new venture into the realm of conventional energy. This decision followed the reception of a substantial Rs 0.2 billion order for coal supply from Prism Johnson, a prominent cement manufacturer. The scheduled supplies for this order are set to commence within the next 15 days and will reach completion by October 31, 2023, according to a statement released by the company.

Vikas Ecotech has successfully secured a significant contract worth Rs 0.2 billion for the delivery of coal to Prism Johnson, a company backed by the Rajan Raheja Group.

With a robust focus on business expansion, Vikas Ecotech has been actively exploring various avenues within the energy sector. This includes not only the conventional energy sources commonly used in India but also the burgeoning domains of renewable and eco-friendly energy.

The company's primary business domain involves the creation of specialty polymers designed for applications spanning sectors such as electrical engineering, infrastructure development, packaging, and automotive manufacturing, among others.

In a strategic diversification move, Vikas Ecotech is broadening its portfolio by entering the manufacturing of steel pipes and MDPE (medium-density polyethylene) pipes.

The official statement emphasised the company's entrance into the conventional energy market with its coal supply endeavours. This move is seen as a decisive step toward establishing a strong presence within the energy business sector, particularly given coal's major role as an energy source in India.

Vikas Ecotech's forward-looking strategy also encompasses explorations into renewable energy materials and products. This includes a keen interest in solar energy, gas-based solutions, and the cutting-edge domain of hydrogen fuel cells, showcasing the company's commitment to embracing the latest advancements in sustainable energy technologies.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..