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Vedanta Hits 1.03 Gw Renewable Energy Mark, Aims For 2.5 Gw By 2030.

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Vedanta Hits 1.03 Gw Renewable Energy Mark, Aims For 2.5 Gw By 2030.Vedanta Ltd. announced on Wednesday a significant increase in its renewable energy power capacity, now reaching an impressive 1.03 GW. The diversified natural resources company stated it is firmly on track to achieve an ambitious target of 2.5 GW of green energy by 2030, a key step towards its broader sustainability commitments. The company has substantially boosted its renewable energy round-the-clock equivalent power capacity to 1.03 GW through a series of strategic power delivery agreements, according to an official statement released by Vedanta. This rapid scaling up underscores Vedanta's accelerated transition towards cleaner energy sources.

Kosol Energie Plans 2 Gw Solar Module Manufacturing Unit In Us.

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Kosol Energie Plans 2 Gw Solar Module Manufacturing Unit In Us.In a strategic move to capitalize on the burgeoning demand for solar modules in the United States, Gujarat-based Kosol Energie Pvt Ltd is set to invest ₹300 crore in establishing a 2-gigawatt (GW) solar module manufacturing facility in the US. "US President Donald Trump wants manufacturing to be done in the United States, so we have zeroed down on a location for setting up a 2 GW solar module manufacturing facility with an investment of ₹300 crore," stated Kalpesh Kalthia, Chairman and Managing Director of Kosol Energie. Kalthia emphasized the company's existing familiarity with the US market, noting, "We have been in the hospitality business in the US since 1991, and we understand the local market." Kosol Energie already operates a significant 3.1 GW solar module manufacturing facility at Bavla near Ahmedabad, which currently serves the US market through exports. The move to localized production in the US reflects a pivot to directly meet the "Made in USA" requirements and leverage potential incentives.

Telangana Pitches 370-Km Regional Ring Railway To Centre For Enhanced Connectivity

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Telangana Pitches 370-Km Regional Ring Railway To Centre For Enhanced ConnectivityIn a significant move to overhaul Telangana's transportation network, Chief Minister Revanth Reddy has put forth a proposal to the Centre for the development of a 370-kilometre-long Regional Ring Railway (RRR). This ambitious railway line is designed to encircle Hyderabad, running in parallel with the state's ongoing Regional Ring Road (RRR) project. During a meeting with Prime Minister Narendra Modi in New Delhi on Saturday, the Chief Minister presented the railway line as a crucial infrastructure initiative. He highlighted its potential to invigorate economic activity, enhance regional connectivity, and unlock new growth corridors throughout Telangana. "This railway line, running alongside the Regional Ring Road, will significantly open up Telangana and lead to transformative development," the Chief Minister stated in his detailed proposal to the Centre. The proposed Regional Ring Railway aims to encircle the Hyderabad metropolitan area, creating vital links between key zones earmarked for industrial expansion. This includes IT hubs, pharmaceutical clusters, logistics parks, and emerging urban centers. By complementing the existing dual-carriageway RRR expressway, the new railway line is envisioned to facilitate smoother freight movement, support passenger traffic, and seamlessly integrate with upcoming dry port and greenfield port highway corridors. Beyond the railway project, Chief Minister Reddy also urged for expedited Cabinet approval of both the northern and southern segments of the Regional Ring Road. He warned that any deferral in the southern section's approval could lead to substantial increases in future land acquisition and construction costs. The Telangana government has affirmed its readiness to cover 50 percent of the land acquisition costs for both the road and railway segments, aiming to accelerate the implementation of these critical projects.

Mumbai-Ahmedabad Bullet Train: 300 Km Of Viaduct Work Completed, Says Union Minister Vaishnaw.

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Mumbai-Ahmedabad Bullet Train: 300 Km Of Viaduct Work Completed, Says Union Minister Vaishnaw.Union Railways Minister Ashwini Vaishnaw today announced a significant milestone in India's ambitious Bullet Train Project, confirming the completion of 300 kilometers of viaduct. The high-speed rail corridor project is being executed by the National High-Speed Rail Corporation Limited (NHSRCL). Further progress has been made on the Mumbai bullet train station at Bandra Kurla Complex (BKC), which is the sole underground station on the Mumbai-Ahmedabad High-Speed Rail Corridor. Approximately 76 percent of the excavation work for this station has been completed, with 14.2 lakh cubic meters already excavated out of a total requirement of 18.7 lakh cubic meters. To support the extensive concrete work, three batching plants with a capacity of 120 cubic meters per hour are operational at the site. These plants are equipped with ice and chiller facilities to maintain controlled concrete temperatures, crucial for the project's demanding specifications. A modern concrete lab is also present on-site, conducting various tests including Water Permeability and Rapid Chloride Penetration tests, with intermittent sample verification at a reputed external laboratory. The station's base slab is being cast with M-60 grade temperature-controlled concrete. Each base slab casting requires a substantial 3,000 to 4,000 cubic meters of concrete, produced by the in-situ batching and chiller plants. The platform for the BKC station is planned at a depth of approximately 26 meters below ground level. The station will feature three floors: the platform, concourse, and service floor. Excavation work is progressing to a depth of up to 32 meters (approximately 100 feet) from ground level, equivalent to a 10-storey building.

Xiaomi Eyes At Least $6.9 Billion Investment In Chip Design, Says Founder.

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Xiaomi Eyes At Least $6.9 Billion Investment In Chip Design, Says Founder.Chinese technology giant Xiaomi, known for its smartphones and electric vehicles, plans to invest a minimum of 50 billion yuan (approximately $6.93 billion) in chip design over a period of at least 10 years, commencing from 2021. The ambitious investment strategy was revealed by Xiaomi's founder, Lei Jun, on Monday via a post on the social media platform Weibo. Lei Jun also highlighted the company's prior investment of 13.5 billion yuan towards the self-development of its advanced mobile chip, named XringO1. He added that Xiaomi's dedicated chip design unit currently comprises a team of over 2,500 professionals.

3 Gw Of Tata Renewable Energy Projects Delayed.

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3 Gw Of Tata Renewable Energy Projects Delayed.Tata Power Renewable Energy Ltd (TPREL) is experiencing execution delays on several of its solar and wind power projects, totaling a significant 3.08 GW of capacity. A majority of the affected projects are located in Karnataka, including 1.3 GW of solar projects under development in Koppal. Additionally, two wind power projects in Gadag, with a combined capacity of 540 MW, have been facing delays of nearly two-and-a-half years.

Karnataka And Gail Partner For 1 Gw Renewable Energy Initiative.

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Karnataka And Gail Partner For 1 Gw Renewable Energy Initiative.The Karnataka government has formalized a partnership with GAIL (India) Limited, signing a Memorandum of Understanding (MoU) to develop approximately 1 gigawatt (GW) of renewable energy capacity within the state. The ambitious project is expected to attract an investment of ₹5,000 crore. The MoU was officially signed by key state dignitaries, including M.B. Patil, Minister for Large and Medium Industries and Infrastructure Development, K.J. George, Minister for Energy, and T.D. Rajegowda, Chairman of the Karnataka Renewable Energy Development Ltd (KREDL). Representing the respective entities at the signing ceremony were Selvakumar S., Principal Secretary of the Industries Department, and Parivesh Chugh Singh, Executive Director (SD & Renewables) of GAIL.

Lg Electronics India Commences Work On New $600 Million Manufacturing Facility Ahead Of Ipo.

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Lg Electronics India Commences Work On New $600 Million Manufacturing Facility Ahead Of Ipo.LG Electronics India, currently preparing for its initial public offering (IPO), has announced the commencement of construction on its third manufacturing facility in the country. The company and the state government of Andhra Pradesh, where the new plant will be located, jointly confirmed the development recently. The electronics giant is set to invest a substantial sum of $600 million in the state-of-the-art plant, which will be situated in Sri City, a strategically important industrial hub in close proximity to the major South Indian city of Chennai. This significant investment underscores LG Electronics India's commitment to expanding its manufacturing capabilities within the country as it gears up for its public listing.

Jindal India Renewable Energy Targets 5 Gw Renewable Energy Milestone Within Half A Decade.

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Jindal India Renewable Energy Targets 5 Gw Renewable Energy Milestone Within Half A Decade.The BC Jindal Group, a prominent Indian business conglomerate, has announced ambitious plans to reach a significant milestone of 5 GW in renewable energy capacity by the year 2030. This strategic push will be spearheaded by its dedicated renewable energy arm, Jindal India Renewable Energy. To achieve this green energy target, the group intends to invest a substantial sum of $2.5 billion, approximately ₹21,500 crore, in the renewable energy sector over the next five years. This significant financial commitment underscores the group's dedication to contributing to India's escalating energy demands while simultaneously bolstering grid stability through the integration of advanced battery energy storage systems.

Brigade Group Lands ₹2,000 Crore Deal For 11-Acre Bengaluru Commercial Hub.

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Brigade Group Lands ₹2,000 Crore Deal For 11-Acre Bengaluru Commercial Hub.Real estate major Brigade Group has further expanded its footprint in Bengaluru's thriving commercial landscape with the acquisition of an 11-acre land parcel strategically located opposite the International Tech Park Bangalore (ITPL) in Whitefield. The company plans to develop a high-end commercial project on this prime land, boasting a gross leasable area of approximately 1.5 million square feet and an estimated gross development value (GDV) exceeding ₹2,000 crore. Nirupa Shankar, Joint Managing Director of Brigade Enterprises Limited, highlighted the significance of this acquisition, stating, "This strategic acquisition is a significant step in our journey to create world-class commercial spaces inspired by sustainable and future-ready workspaces. Whitefield remains a prime destination for office demand due to metro connectivity and the vibrant corporate ecosystem that exists. This project will also bring us closer to achieving our net zero target." The choice of Whitefield underscores the area's continued prominence as a preferred destination for office spaces, driven by its robust corporate ecosystem and enhanced connectivity through the metro network. Brigade Group's commitment to sustainability and future-ready designs will be central to the development of this new commercial landmark.