CCI Clears Renault Buyout Of Nissan Stake In India JV

IRF Flags Poor Safety Compliance in Indian Road Projects

The IRF-IC has expressed serious concerns over widespread non-compliance with basic work zone safety norms at road construction sites across the country, warning that such lapses are leading to a surge in preventable fatal accidents.According to the IRF-IC, many ongoing road projects lack critical safety measures such as advance warning signs, reflective tapes, barricades, cones, and properly lit or marked diversions. These deficiencies, particularly dangerous at night, have resulted in a significant rise in road crashes.“A worrying trend has emerged across construction zones, where unmarked..

SAEL Industries Commissions 50 MW Solar Plant in Maharashtra

The plant is expected to generate over 100 gigawatt-hours (GWh) of clean energy annually and aligns with the government’s vision for a sustainable energy future. The ground-mounted project features TOPCon bifacial modules, offering high energy yield and performance reliability.Backed by a 25-year Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company (MSEDCL), the project ensures long-term revenue and tariff stability.“As we expand our renewable energy footprint in India, we aim to deliver sustainable infrastructure that benefits both people and the envi..

IFC Invests $45 Million in CleanMax Thailand for Industrial Solar Expansion

The International Finance Corporation (IFC) has announced a debt investment of THB 1,476 million (approximately USD 45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of India-based Clean Max Enviro Energy Solutions Pvt. Ltd. (CleanMax). The investment aims to enhance clean energy access for industrial users in Thailand.This marks IFC’s first debt financing in Thailand exclusively targeting the commercial and industrial (C&I) solar segment. The funds will support the development of 35 MWp of new solar capacity, refinance 41 MWp of existing assets, and help accelerate..