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Serentica secures Rs 2600 crore funding from PFC for its renewable energy projects
Funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid renewable energy projects in Karnataka.Read more
SIDBI aims for 25% MSME lending share, plans equity boost and green fund
Established in 1990 through an Act of Parliament, SIDBI functions as a development financial institution (DFI) with the primary objectives of promoting, financing, and fostering the growth of the MSME sector.Read more
Odisha Govt approves Rs 1 lakh crore investment in nine key projects
Chief Minister Naveen Patnaik granted approval to the projects which promise to create employment opportunities for a substantial workforce of 28,565 individuals across diverse sectors.Read more
Olectra Greentech doubles electric bus production, eyes 9,000 orders
Olectra Greentech aims to broaden its product portfolio by venturing into the manufacturing of electric tippers.Read more
JCB explores hydrogen engines and export growth in India
JCB aims to manufacture electrolysers, devices that split water into hydrogen and oxygen using electricity, to produce hydrogen for testing their zero-emission backhoe loaders.Read more
India's Hydrogen Market Soars: $21.9 Billion by 2030
A report, authored by MarketsandMarkets Research noted that global demand for hydrogen ranged between 90 million metric tons (mmt) and 100 mmt, with India contributing 7% of the global demand in 2022.Read more
NTPC's green hydrogen blending pilot project shows promising results
NTPC conducts a nine-month pilot project in its Kawas township in Surat, Gujarat. This project marks India's first attempt at blending green hydrogen with natural gas.Read more
Sterlite Power announces strong FY’23 Results
The company witnessed strong growth in profitability in India operations. India operations record 30% increase in PATRead more
DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu
DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more
NGEL, Chidambaranar Port signs MoU to develop green hydrogen hub
The MoU was signed by V V Sivakumar, GM (NGEL) and V Suresh Babu, CME (VOCPA) in the presence of Bimal Kumar Jha, Dy Chairman and Chairman (I/c) (VOCPA) and other senior officials.Read more
