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Vivek Kumar Dewangan, CMD, REC Limited, honoured with ‘Most Sustainable Maharatna Leader’ Award at World Sustainability Congress

Under the discerning leadership of Shri Dewangan, REC has been conferred with the Maharatna status and also diversified into the non-power infrastructure & logistics sector and is poised to play a key role in the power sector’s transformational journey in the country.

Tata Steel, Imperial College London ink MoU to set up a Centre for Innovation in Sustainable Design and Manufacturing

Tata Steel will invest £10 million over four years in this Centre for Innovation

OTO forges strategic partnership with Mufin Green Finance to revolutionize electric vehicle financing

On this National Energy Conservation Day, OTO, a pioneering digital two-wheeler commerce platform and a leading player in two-wheeler financing, proudly announces its dynamic collaboration with Mufin Green Finance Ltd., a pioneer in green financing solutions in India.

GEAPP unveils new projects and shares progress to date at COP28 as it pushes to accelerate renewable energy action

India, along with 10 first-mover countries, will join the BESS Consortium to secure 5GW of BESS commitments by 2024, with deployment by 2027.

Gogoro launches battery swapping ecosystem in India

Gogoro opens battery swapping network in Delhi and Goa with plans to expand to Mumbai and Pune, Maharashtra, in the first half of 2024.

Thermax to bridge the gap between energy availability and sustainability with green and efficient solutions

Secures orders exceeding Rs. 500 crore for the establishment of five bio-CNG plants
Outlines plans to deploy 1 GW of hybrid renewable energy solutions within the next three years

ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology

ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former mines.

TNC India recommends low impact siting for renewables in India, Latin America, and Sub-Saharan Africa at COP28

TNC India’s homegrown Siteright tool helps identity land parcels where solar and wind development has none or negligible socio-ecological conflicts, thereby supporting timely project deployment and reducing project costs.

U.S.-India Energy Storage Task Force kicks off

The U.S.-India Energy Storage Task Force will facilitate information exchange on existing and planned energy storage projects; share experiences on innovative business models and financing structures; and assess the state of energy storage technologies and provide suggestions on the upcoming & promising technologies.

REC signs 200 million euro loan with German Bank KfW to propel distribution sector reforms

This marks REC’s sixth line of credit under the Indo-German Development Cooperation and demonstrates the commitment to enhance the distribution infrastructure of DISCOMs in line with the Revamped Distribution Sector Scheme (RDSS) of the Government of India (GoI).

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