Articles for tag: Adani, Aiming, Decarbonization, Drive, Firms, Green, Hub, Hydrogen, Initiative, Join, Leading, Mundra, Transform, WEFs

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Three Adani firms join WEF’s initiative, aiming to transform Mundra into a leading green hydrogen hub and drive decarbonization.

Three Adani firms join WEF’s initiative, aiming to transform Mundra into a leading green hydrogen hub and drive decarbonization.

Three companies from the Adani Group, including Adani New Industries Ltd, Adani Ports, and Ambuja Cements, have joined the World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative, creating the Adani Mundra Cluster. This initiative aims to boost collaboration among companies to drive economic growth, generate jobs, and achieve decarbonization by 2050. Karan Adani emphasized the cluster’s ...

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Greenzo Energy secures a major hydrogen project in Tamil Nadu, boosting its order book to Rs 1,200 crore, enhancing India’s green initiatives.

Greenzo Energy secures a major hydrogen project in Tamil Nadu, boosting its order book to Rs 1,200 crore, enhancing India’s green initiatives.

Greenzo Energy has announced a significant multi-crore hydrogen project in Tamil Nadu, boosting its total order book to Rs 1,200 crore. The contract, awarded by the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), entails establishing a hydrogen generation plant capable of producing 20 normal cubic meters of hydrogen per hour. This initiative will take ...

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Adani Green Energy and Adani Energy Solutions join the Utilities for Net Zero Alliance, aiming for net zero emissions by 2050.

Adani Green Energy and Adani Energy Solutions join the Utilities for Net Zero Alliance, aiming for net zero emissions by 2050.

Adani Green Energy and Adani Energy Solutions have become the first companies in India to join the Utilities for Net Zero Alliance, as announced on September 25, 2024. This global alliance was formed at COP28 to support the transition to renewable energy and promote clean power solutions. As members, Adani Green Energy will focus on ...

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Tata’s Chairman N Chandrasekaran reveals a bold transformation towards green energy and AI, amidst job cuts and industry challenges.

Tata’s Chairman N Chandrasekaran reveals a bold transformation towards green energy and AI, amidst job cuts and industry challenges.

N Chandrasekaran, the Chairman of Tata Group, revealed in a recent Financial Times interview that the company is undergoing significant changes to embrace new-age sectors like semiconductors, electronics, and renewable energy. He emphasized that these transitions, although challenging, are essential for preparing the group for the future. Tata Group is enhancing its online offerings and ...

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Madhabi Puri Buch’s absence amid conflict of interest allegations overshadows SEBI’s push for green financing and infrastructure developments.

Madhabi Puri Buch’s absence amid conflict of interest allegations overshadows SEBI’s push for green financing and infrastructure developments.

Madhabi Puri Buch, the chairperson of SEBI, was expected to speak at a National Bank for Financing Infrastructure and Development event but did not attend. Instead, Pramod Rao, a SEBI executive director, highlighted green financing and the debt Market. Buch’s absence coincided with ongoing conflict of interest allegations from the Congress party, with her remaining ...

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The UK government grants £500 million to Tata Steel for decarbonization, securing jobs and a green future for Port Talbot.

The UK government grants £500 million to Tata Steel for decarbonization, securing jobs and a green future for Port Talbot.

The UK government has approved a significant 500 million pound grant to Tata Steel to support the decarbonisation of its operations in Britain. This funding will help install a modern electric arc furnace at Tata’s Port Talbot steelworks in Wales, part of a larger 1.25 billion pound green steel project. The agreement aims to preserve ...

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Odisha’s ‘Development’: 2.6 Million Trees Sacrificed on the Altar of Progress—Whose Green Future Are We Really Building?

The dramatic reduction of trees in Odisha highlights a pressing environmental issue. Over 26 lakh trees have been cut down in the past 23 years under the previous government, primarily for development projects such as electricity services, mining, and road expansion. Environmentalists express grave concern, noting that felling more trees than are grown leads to ...

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Reliance Triumphs in EV Battery Production Bid, Boosting India’s Green Future

Reliance Triumphs in EV Battery Production Bid, Boosting India’s Green Future

Reliance Industries has won a bid to produce electric vehicle (EV) batteries under India’s production-linked incentive scheme. The government announced this on September 4, 2024. Reliance can manufacture up to 10 gigawatts of advanced chemistry cells (ACCs), which are essential for EVs. They outperformed six competitors, including Amara Raja Energy and JSW Energy. This initiative ...

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India’s Car Tax Clash: Electric vs. Hybrid in Green Revolution

India’s Car Tax Clash: Electric vs. Hybrid in Green Revolution

India plans to maintain a five percent tax on electric cars while keeping a high tax of 48 percent on hybrid vehicles for the foreseeable future, according to G20 Sherpa Amitabh Kant. Major car manufacturers like Maruti Suzuki and Toyota have called for lower taxes on hybrids, arguing that electric vehicles alone cannot reduce emissions ...

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Ireda’s Bold Financial Moves: Securing Green Future with Global Ratings

Ireda’s Bold Financial Moves: Securing Green Future with Global Ratings

The Indian Renewable Energy Development Agency (IREDA) is planning to raise approximately Rs 25,000 crore through debt and around Rs 4,500 crore via equity this fiscal year. Chairman Pradeep Kumar Das highlighted that they are working with the government to approve a 10% dilution of their stake. Recently, S&P Global Ratings assigned IREDA a ‘BBB-‘ ...

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