Ambuja Cements Plans Rs 60 Bn Investment for 1,000 MW Renewable Power Production

19 Dec 2023 CW Team

Ambuja Cements has unveiled ambitious plans to invest Rs 60 billion in the production of 1,000 megawatts (MW) of renewable power. This significant financial commitment underscores the company's dedication to sustainability, renewable energy, and the reduction of carbon footprint in its operations.

The massive investment by Ambuja Cements is geared towards establishing a robust renewable energy infrastructure, emphasizing the company's proactive role in transitioning towards clean and sustainable power sources. The initiative aligns with the broader industry trend of integrating renewable energy solutions into business operations.

As the demand for sustainable practices in the corporate sector grows, Ambuja Cements' Rs 60 billion investment stands out as a forward-thinking move, contributing not only to the company's environmental stewardship but also to India's renewable energy goals. The planned 1,000 MW of renewable power generation is expected to have a positive impact on the nation's clean energy landscape.

Ambuja Cements' commitment to significant renewable power production represents a substantial leap towards a greener and more sustainable future for both the company and the broader Indian industrial sector. This strategic investment reinforces Ambuja Cements' position as a leader in sustainable practices within the cement industry.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..