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World Bank Group commits $890 million to promote solar rooftop project in India
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ET Markets - Industry 1d ago

World Bank Group commits $890 million to promote solar rooftop project in India

The World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes nationwide. The program will also create significant job opportunities across the renewable energy sector. India seeks to achieve net zero emissions by 2070 and increase non-fossil fuels. This support will help scale residential solar and reduce household electricity costs.

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Maruti Suzuki installs 1 MWh battery storage system at Kharkhoda facility
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ET Markets - Industry 3d ago

Maruti Suzuki installs 1 MWh battery storage system at Kharkhoda facility

Maruti Suzuki commissioned a one MWh Battery Energy Storage System at its Kharkhoda facility. This system stores surplus solar power generated during low-demand periods. The new BESS will help stabilize the local electricity grid effectively. This initiative aligns with India's focus on building self-reliant energy ecosystems. The company remains committed to lowering emissions despite increasing production volumes.

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Maruti Suzuki commissions 1 MWh battery energy storage system at Kharkhoda plant
positive
ET Markets - Industry 3d ago

Maruti Suzuki commissions 1 MWh battery energy storage system at Kharkhoda plant

Maruti Suzuki commissioned a 1 MWh Battery Energy Storage System at its Kharkhoda plant. This system integrates into the plant's internal electricity distribution network as a pilot project. The battery storage will store excess solar power generated during low-demand periods. This initiative helps improve renewable energy utilization and reduce carbon emissions annually. The company remains committed to lowering emissions despite increasing production volumes.

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Coal India to invest $201 million in research and development by fiscal 2030
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ET Markets - Industry 11d ago

Coal India to invest $201 million in research and development by fiscal 2030

Coal India is set to invest a substantial 19 billion rupees in research and development by 2030, focusing on clean coal, net-zero technologies, and mineral recovery. The state-run miner has already committed significant funds to Indian Institutes of Technology and is overseeing numerous R&D projects. This strategic investment marks a fourfold increase in R&D expenditure for fiscal year 2025, signaling a strong commitment to innovation.

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Waaree Energies says US Customs found no exports of China-cell solar modules
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CNBC TV18 - Markets 13d ago

Waaree Energies says US Customs found no exports of China-cell solar modules

Waaree also said that its US operations remain unaffected by the development. The company said manufacturing activities, customer deliveries and commercial operations continue as usual, adding that it remains committed to regulatory compliance and will cooperate with the relevant authorities while providing updates as required.

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Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
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ET Markets - Industry 22d ago

Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul

Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.

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Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security
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ET Markets - Industry 37d ago

Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security

Maruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lower carbon emissions. The technology supports farmers and rural communities, linking agriculture with clean mobility. This initiative is a key step towards India's energy security and self-reliance. The company is committed to cleaner mobility solutions.

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Fertilisers not easily available in international market, pushes for organic farming: Union Minister Shivraj Singh Chouhan
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ET Markets - Industry 53d ago

Fertilisers not easily available in international market, pushes for organic farming: Union Minister Shivraj Singh Chouhan

Union Agriculture Minister Shivraj Singh Chouhan highlighted global fertilizer procurement difficulties. He urged states and farmers to embrace organic farming for soil health. The government is committed to subsidies and plans new bills for quality pesticides and seeds. Farmers are advised to grow drought-resistant crops due to El Nino forecasts.

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Sufficient fertilisers now, but problems may arise if West Asia conflict prolongs: Official
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ET Markets - Industry 125d ago

Sufficient fertilisers now, but problems may arise if West Asia conflict prolongs: Official

India currently possesses adequate fertilizer supplies. However, a prolonged conflict in West Asia may disrupt future crop seasons. Fertilisers and Chemicals Travancore Limited (FACT) assures farmers of continued supply. The company holds substantial raw material reserves. FACT is committed to meeting all agricultural needs. This ensures uninterrupted fertilizer availability for upcoming seasons.

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