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Mahindra Logistics Unveils Net-Zero Warehouse in Telangana District

An integrated third-party logistics (3PL) service provider, Mahindra Logistics Ltd. (MLL) has built a new net-zero facility using a sustainable storage design that includes multi-client capabilities, renewable energy, resource conservation, and green cover. The 3.7 lakh square foot modern net-zero multi-client warehouse is located in the Aruna Industrial Park in the Banda Mailaram hamlet of […]

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Tata Motors to Deliver 5000 Electric Sedan Cars XPRES-T EVs to Everest Fleet

Tata Motors has announced the signing of an MoU with Everest Fleet Private Limited, an operator of shared mobility space in India. Under the agreement, the auto czar will deliver 5000 XPRES-T electric vehicles keeping the vision of a clean and green environment alive. The company said that moving forward in its journey towards accelerating […]

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Saera Electric Auto Anticipates 100% Rise in Sales

Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) anticipates a 2X increase in revenue by the end of FY ’22–23. In the first two-thirds of the current financial year, SEAPL has already surpassed the 182 Cr threshold, up from 152 Cr in the previous financial year. By March 2023, Saera Electric will have […]

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EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding

The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […]

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Mahindra & Mahindra Invests Rs 10000 Cr To Expand EV Production

Mumbai-headquartered auto major Mahindra & Mahindra Ltd (M&M) recently announced that it will invest Rs 10,000 crore to build an electric vehicle manufacturing facility in Pune, Maharashtra. The industrial development scheme for electric vehicles of the Maharashtra government has approved the company’s investment, according to the company. For the establishment of the manufacturing facility, development, […]

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Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables

The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […]

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NTPC Allocates 5 GW to Green Hydrogen, Ammonia from its 2032 RE Targets

State-owned power provider NTPC anticipates the employment of 5 GW of its 60 GW green portfolio objective by 2032 in the green hydrogen and ammonia market, according to Mohit Bhargava, Chief Executive Director of NTPC REL.  As far as the hydrogen business is concerned, NTPC has already launched three pilot projects. One is based in […]

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Adani Group Signs Agreement with Australia’s CRT for Electrolyser Technologies

Australia-based Cavendish Renewable Technology (CRT) has announced the signing of a Technology Development and Licensing Agreement with Adani New Industries Limited (ANIL). ANIL is owned by the Adani Group. The official statement by CRT held that the agreement includes infrastructure costs for further development of intellectual property, licence fees and royalties on successful commercialisation of […]

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