NTPC Green Energy inks MoU with Maharashtra Govt for green hydrogen projects Worth ₹80,000 crore
The MoU, signed on January 29 also includes the development of 2 GW pumped storage projects and up to 5 GW of renewable energy projects in the state.
Vedanta Aluminium adopts two-pronged strategy to reduce carbon footprint: CEO
"We have embarked on a transformative journey where our commitment to sustainability goes beyond business compliance to focusing on how we can make a positive impact on the environment. Securing the top rank in the S&P Global CSA recognises our commitment to fully embed sustainability practices across every facet of our value chain, from sourcing to product delivery," he said.
How can you spot ‘greenwashing'?
In the last few years, several companies have upped the game by declaring net-zero targets well ahead of their national timelines. Some are spending a fortune in creating a media or social media blitz to showcase their intentions/actions in their fight against climate change to ‘savethe world’.
ESG & Sustainability in Spotlight as Budget 2024 unfolds
As India marches itself to become the 3rd largest economy and Budget 2024 preparations advance to the last mile, Corporate India is expecting with alacrity, a set of meaningful policy measures that can provide impetus to sustainable businesses with enhanced budgetary allocations.
EU needs trillions of investment for 2050 climate target: research
The European Commission is set to recommend next week that the EU cuts net emissions 90% by 2040, from 1990 levels, and outline the huge upfront increase in investments needed to get Europe on track to have zero net emissions by 2050.
Suzlon bags 642 MW wind project from ABC Cleantech
As part of the order, Suzlon will install 214 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each in Andhra Pradesh, a company statement said.
Shakti Pumps Q3 net profit jumps fourfold to over Rs 45 crore
During the nine-month period ending December 2023, Shakti Pump's net profit more than doubled to Rs 52.1 crores from Rs 21.9 crores in April-December 2022.
L&T bags order to set up solar power plant in Dubai
The project involves setting up a "solar photovoltaic plant in Dubai, the United Arab Emirates," the company said in a filing to BSE.
Adani Energy Solutions appoints Kunjal Mehta as CFO
"Kunjal Mehta, presently serving as CFO within Adani Portfolio of Companies, will assume the role of Chief Financial Officer of the company (a key managerial personnel, categorised as senior management personnel), commencing from April 1, 2024," the company said.
Adani central to India's economic ambitions, says US-based analyst
"India is now the most populous country in the world and has ambitions to be the world's third-largest economy by 2030. To get there, India needs to invest in both digital and physical infrastructure, in addition to increasing its energy production, as energy consumption will be meaningfully higher," the US-based broker said.