In Short : Italian industrial automation major Bonfiglioli is planning to list its Indian subsidiary, targeting a valuation of around $250 million. The proposed listing reflects the company’s confidence in India’s manufacturing growth and aims to unlock capital for expansion, strengthen its local footprint, and support long-term investment in advanced motion control and power transmission […]
In Short : India’s Central Electricity Authority is crafting a decarbonisation roadmap for Lakshadweep, aiming to replace diesel power with renewables. Plans include solar, wind, battery storage, and undersea grid connections. Honeywell has commissioned India’s first on-grid solar-plus-BESS project on Kavaratti island, slashing diesel use and emissions. This initiative supports India’s net-zero goal and sustainable […]
In Short : India has set greenhouse gas emission intensity targets for 282 major industries from FY 2025–26, promoting market-driven decarbonisation through the Carbon Credit Trading Scheme. Companies emitting below targets can trade carbon credits, encouraging cleaner practices. Experts say this aligns with India’s climate goals and incentivizes innovation while aiming for a 45% emissions […]
In Short : The Maharashtra Energy Department excelled in its 100-day report, showcasing achievements in reforms and initiatives. The department plans a 25-year vision focused on tariff cuts, renewable energy expansion, and improved energy access. Key priorities include promoting solar projects, reducing power costs for consumers, and strengthening infrastructure to support Maharashtra’s sustainable and affordable […]