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Bokaro Steel Plant to develop twin floating solar power projects

The Bokaro Steel Plant (BSL) – a subsidiary of state owned Steel Authority of India Limited (SAIL) – has planned for two floating solar power plants on two different water bodies. Garga Dam and Cooling Pond-1 are the identified water bodies that will host the floating solar panels to support the electricity needs of the […]

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SJVN To Invest Rs 1,000 crore in Three UP Solar Projects

Government owned power producer Satluj Jal Vidyut Nigam (SJVN) has declared that it will invest more than Rs 1,000 crore for the development of three renewable energy projects in Uttar Pradesh. This follows its efforts in other laggard states, including Odisha, Bihar in terms of supporting solar growth there. Nand Lal Sharma, Chairman and Managing […]

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Vedanta Aluminium Commissions India’s Largest Li-Ion Forklifts Fleet

India’s largest aluminum producer and private sector miner, Vedanta Aluminium has announced commissioning India’s largest electric fleet of 27 forklifts. This electric fleet is powered by lithium-ion batteries. This is the first step in Vedanta Aluminium’s attempts to decarbonize its industrial vehicle fleet, and it was done in collaboration with GEAR (Gemini Equipment and Rentals […]

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South India’s Second Big Renewable Push Starts Now

Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […]

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The Top 5: Steel Companies in India & Their Commitments to Reduce CO2 Emissions

The Iron and Steel industry is one of the most crucial parts of human existence. The development of any nation is directly linked to its steel consumption. The story is no different for India which is not only a consumer but also a significant producer of steel. Besides, producing 120 Million Tonnes (MT) of crude […]

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Buying An EV in India: Tax, Incentives, Rebates

Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […]

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IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra

Renewable energy projects finance company and government owned – Indian Renewable Energy Development Agency Limited (IREDA) – has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a […]

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TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions

Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […]

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Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050

Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […]

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