Avaada Group to Invest Rs 1 Trillion in Rajasthan

10 Dec 2024 CW Team

At The Rising Rajasthan 2024 Summit, Vineet Mittal, the Chairman of Avaada Group, revealed the company’s ambitious plan to invest Rs 1 trillion in transforming Rajasthan into the world’s largest renewable energy hub. He emphasised that this substantial investment would play a pivotal role in driving green manufacturing processes, which are key to the sustainability goals of the state. Mittal also highlighted that this initiative would create millions of employment opportunities, significantly benefiting the local population and contributing to the economic development of Rajasthan.

Furthermore, Mittal underscored the positive social impact of this transformation, noting that the project would empower lives throughout the state by offering not only jobs but also improved standards of living. He elaborated that Avaada Group's expertise spans across multiple renewable energy sectors, including solar module manufacturing, renewable power generation, and the development of advanced green technologies such as green hydrogen, green methanol, green ammonia, and sustainable aviation fuel. This diverse approach to renewable energy production positions Avaada Group as a key player in India's green energy future, with its efforts aimed at fostering sustainability and innovation in the energy sector.

Infrastructure Urban

29 Aug 2025

Environmental Solutions Launches New Center of Excellence in Bengaluru

Environmental Solutions (ES), a business segment of Terex Corporation and global leader in environmental equipment and technology, has inaugurated its new technical Center of Excellence in Whitefield, Bengaluru. The facility expands ES’s global presence and strengthens its ability to serve customers worldwide.The Terex India R&D Center, Environmental Solutions (TIRC ES), joins ES’s established network of Centres of Excellence in Austin, Texas; Chattanooga, Tennessee; and San Diego, California. The Bengaluru team will focus on digital innovation, Refuse Collection Vehicle (RCV) and Stat..

Hindustan Zinc and Epiroc Partner to Drive Digital Safety in Mining

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer, has entered into a strategic partnership with Epiroc through a Memorandum of Agreement (MoA) to advance digital safety in mining operations.As part of the collaboration, Epiroc’s Collision Avoidance System will be rolled out in phases, starting with the Sindesar Khurd Mine in Rajasthan’s Rajsamand district – one of the world’s top five silver-producing mines. In the pilot stage, the system will be implemented on 30 Low Profile Dump Trucks (LPDTs), which are critical for efficient ore handling in undergro..

REC Hosts 56th AGM, Highlights Record Growth and Sustainability

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbur..