Grahm Plans Rs 1 Bn Investment, Targets Rs 500 Bn Realty Market

ReNew To Invest Rs 220 Bn in Andhra Hybrid Project

ReNew Energy Global announced on Friday that it will invest Rs 220 billion (approximately $2.57 billion) to establish a large-scale hybrid renewable energy project in Andhra Pradesh, as it seeks to capitalise on India’s surging clean energy demand.The project will contribute a total capacity of 2.8 gigawatts (GW), comprising 1.8 GW of solar and 1 GW of wind, and is expected to supply power during peak hours for up to four hours a day.ReNew, India’s second-largest renewable energy company after Adani Green, has operations across ten Indian states and a global portfolio totalling 17.4 GW as ..

Alpex Solar Secures Rs 10.7 Bn in New Solar Contracts

Greater Noida-based Alpex Solar on Thursday announced it has secured contracts totalling Rs 10.7 billion from multiple entities, including the Central Mine Planning and Design Institute Ltd (CMPDIL), a subsidiary of Coal India, and the Haryana Renewable Energy Development Agency.In consortium with NVNR Power & Infra Ltd, Alpex bagged a Rs 3.5 billion contract from CMPDIL for the design, engineering, procurement, construction, and commissioning of a grid-connected solar power plant at Nandan Washery in Maharashtra. Alpex holds a 70 per cent stake in the consortium, which will also build a 3..

EU and India Launch Rs 39.4 Bn Joint Green Tech Projects

In a move to tackle pressing environmental issues, the European Union and India have jointly launched two major research and innovation initiatives under the EU-India Trade and Technology Council (TTC), with a combined investment of EUR 41 million (Rs 3.94 billion).According to a statement by the EU Delegation to India, these projects focus on combatting marine pollution and developing waste-to-renewable hydrogen technologies, aligning with global sustainability goals and national policies such as India's National Marine Litter Policy and the EU’s Zero Pollution Action Plan.The first initiat..