APT Translations

Hero Future Energies Private Limited (HFEPL) on Sunday signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 11,000 crore to setup up projects in Renewable Energy, Green Hydrogen, and its derivatives in Karnataka, as per the official release.

Despite contributing approximately 7% of global emissions, India's corporate commitments reflect a growing awareness, though high-emission sectors like power, energy, and cement lag significantly in adopting such goals.

According to the statement, startups from different segments such as clean tech, EV (electric vehicle), green hydrogen, solar power, eco-friendly brands, green startups, environment advisories, consultancies, climate change warriors, and green finance companies participated in the survey.

The summit, attended by trade ministers from 11 countries, including Italy, Israel, and Bhutan, focused on sustainability and global cooperation.

The agreement aims to support ECR’s decarbonization efforts and aligns with the Indian Railways’ broader goal of achieving net-zero carbon emissions by 2070.

The project, commissioned by a private Independent Power Producer (IPP), marks a significant addition to the company’s portfolio and highlights the increasing growth of private sector projects in India’s renewable energy market.

Speaking at the 29th CII Partnership Summit, Singh said addressing the variability of renewable energy sources is essential to achieving the country’s clean energy goals.

Twenty-first century led the world to an infusion of natural calamities and environmental changes. While humans created a world of growing material needs and excessive consumption leading to dwindling natural resources.

The agreement, signed on November 28, 2024, at NHPC’s corporate office in Faridabad, aims to address climate challenges and support India’s low-carbon transition.

The former chief minister of India's Andhra Pradesh state refuted on Thursday bribery allegations and any involvement by the Adani Group in the state government's purchase of solar power while he was in power.