GAIL, Karnataka Sign Pact to Develop One GW Green Projects
GAIL (India) Limited has signed a memorandum of understanding with the Government of Karnataka to explore renewable energy projects totalling up to one gigawatt. The projects are planned to be developed over the next five years across the state.Under the agreement, the Karnataka government will assist GAIL in obtaining necessary approvals, registrations, and incentives through relevant departments, in line with existing policies.State Energy Minister K. J. George said the collaboration reflects Karnataka’s leadership in renewable energy and will support India’s clean energy transition. He ..
DP World Achieves 65 Per Cent Green Power Use in 2024
DP World sourced 65 per cent of its electricity from renewable energy in 2024, according to its latest sustainability report. The Dubai-based logistics and port operator invested $1.17 Bn in green infrastructure, including fleet electrification and clean energy systems.The funds were part of a $1.5 Bn Green Sukuk raised in 2023, with $1.17 Bn already allocated to eligible low-carbon projects. In addition, DP World issued a $100 Mn Blue Bond, marking the first of its kind among corporates in Central and Eastern Europe, the Middle East, and Africa.The Blue Bond will support sustainable marine tr..
GAIL, Karnataka to Jointly Develop One GW Green Energy Capacity
GAIL (India) Limited has signed a memorandum of understanding with the Government of Karnataka to develop renewable energy projects with a combined capacity of up to one gigawatt over the next five years. Signed in Bengaluru on 9 May 2025, the agreement aligns with GAIL’s goal to achieve net-zero emissions by 2035.The Karnataka government will assist in approvals, clearances, and incentives as per current policies. Planned projects include ground-mounted, rooftop and floating solar systems, wind energy, and battery storage solutions. The initiative aims to boost Karnataka’s clean energy ca..
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