Kiri Industries Issues LoI for 17.45 MW Hybrid Power Project

05 Feb 2026 CW Team

Gujarat-based chemicals manufacturer Kiri Industries has issued a letter of intent (LoI) for the development of a 17.45 MW hybrid renewable energy project in Gujarat, marking a step towards strengthening its clean energy portfolio. The LoI has been awarded to IB Vogt Solar India and Four-Square Green Energy, according to a regulatory filing by the company.

The hybrid project will be set up at Kamlapur in Rajkot district and will comprise 9.45 MW of wind capacity and 8 MW of solar power. The total estimated project cost is around Rs 1.80 billion, the company said.

Kiri Industries said the project is expected to be commissioned within 10 months from the date of issuance of the LoI. Once operational, the power generated from the hybrid facility will be primarily used to meet the electricity requirements of the company’s existing manufacturing units.

The company noted that the project will help optimise energy costs by reducing dependence on conventional power sources, while also supporting long-term energy security for its operations. In addition, the initiative is expected to increase the share of renewable energy in the company’s overall power mix and contribute to a lower carbon footprint.

“The power generated from the project shall be primarily utilised for meeting the power requirements of the company’s existing manufacturing facilities, resulting in optimisation of energy costs. The project will also contribute towards increased use of renewable energy, reduction in carbon footprint, and strengthening the Environmental, Social and Governance (ESG) profile of the company,” Kiri Industries said.

The move reflects a broader trend among energy-intensive manufacturing companies to adopt captive and group captive renewable energy projects as part of their sustainability strategies. By investing in a wind–solar hybrid solution, Kiri Industries aims to ensure more stable power generation while advancing its ESG commitments.

News source: Energetica

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..