Ceres and Shell Advance Hydrogen Production Partnership

Power And Energy

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September 26, 2024

Ceres and Shell Advance Hydrogen Production Partnership

In a significant advancement towards sustainable energy, UK-based clean energy technology pioneer Ceres has embarked on the second phase of its strategic partnership with global energy leader Shell. This collaboration is centred around the development of a solid oxide electrolyser (SOEC) module specifically designed for large-scale industrial applications, including the production of synthetic fuels, ammonia, and green steel. As industries globally shift towards greener operations, this partnership signals a proactive approach to meeting the escalating demand for sustainable solutions.

Building on the groundwork established in 2022, Ceres successfully deployed a 1MW SOEC system at Shell’s research and development facility in Bangalore, India. This initial demonstration project yielded invaluable insights and data that inform the next phase of their collaboration. The new contract aims to engineer a pressurised module design that can scale up to hundreds of megawatts, facilitating integration with industrial plants for the commercial production of sustainable fuels. By enhancing hydrogen production capacity and efficiency, the partnership is set to play a crucial role in the energy transition.

SOEC technology is a cornerstone of this initiative, promising substantial efficiency improvements. By leveraging heat from industrial processes, SOECs can produce approximately 35% more hydrogen per unit of electrical energy. The collaboration aims for a module-level efficiency of less than 36kWh/kg of hydrogen, aligning with the European Union’s ambitious 2030 targets for solid oxide electrolyser technology. This focus on efficiency not only aids in reducing production costs but also contributes to a larger narrative of decarbonisation across multiple industries, including synthetic fuels and green steel manufacturing, which are vital for achieving sustainability goals.

Beyond technological advancements, the Ceres-Shell partnership reflects a commitment to fostering a sustainable future. As global industries face mounting pressures to reduce carbon emissions, the ability to produce hydrogen more efficiently represents a transformative opportunity. This collaboration exemplifies how innovative technologies can deliver significant environmental and economic benefits, signalling a robust step forward in the global energy transition. As Ceres and Shell continue to develop SOEC systems, their partnership stands to inspire further innovations in the pursuit of sustainable energy solutions, underscoring the power of collaborative efforts in tackling the pressing challenges of climate change.

Birla Estates and Barmalt India Unveil Luxury Project

Residential

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September 26, 2024

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Birla Estates and Barmalt India Unveil Luxury Project

In a significant move that underscores the escalating demand for premium living spaces, Birla Estates has partnered with Barmalt India to develop an opulent residential project in Sector 31, Gurugram. This ambitious joint venture marks a strategic initiative aimed at tapping into one of India’s most dynamic urban markets. Encompassing 13.27 acres of prime real estate, the project is projected to yield approximately 2.4 million square feet of luxury living space, with a revenue potential estimated at around Rs 5,000 crore.

Situated in the sought-after micro-market of Sector 31, this development benefits from exceptional connectivity to pivotal commercial hubs and major transport routes, thereby enhancing its appeal to both discerning homebuyers and savvy investors. Its strategic location offers easy access to prominent landmarks such as Cyber City and Golf Course Road, as well as proximity to established commercial complexes including City Centre 29 and Signature Towers. The seamless connectivity to NH-48 and the metro line further solidifies the project’s attractiveness as a prime residential destination.

The project’s strategic positioning near NH-48 facilitates quick access to the Indira Gandhi International Airport and key business districts within Gurugram. The surrounding micro-market boasts a rich tapestry of high-end residential offerings, prestigious educational institutions, superior healthcare facilities, and luxury hotels, creating a vibrant community atmosphere. This strategic location is not merely about convenience; it is about fostering a high-quality lifestyle that aligns with the aspirations of modern urban dwellers.

The alliance between Birla Estates and Barmalt India epitomises a shared commitment to redefining luxury in Gurugram’s real estate sector. With meticulous planning and a focus on high-quality design, this joint venture aims to elevate the living experience for residents. As the development takes shape, it stands as a testament to the evolving demands of urban living, offering a blend of luxury and sustainability that resonates with today’s conscientious homebuyers. In an era where environmental responsibility is paramount, the incorporation of green building practices will not only cater to modern aesthetics but also align with broader sustainability goals, ensuring a harmonious coexistence with the environment.

Sustainable Transport: Electric Truck Initiative Launched

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September 26, 2024

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Sustainable Transport: Electric Truck Initiative Launched

In a transformative move towards sustainable transportation, Revfin, Bluwheelz, and Kalyani Powertrain (KPTL) have come together to introduce retrofitted electric trucks, significantly advancing India’s electric vehicle (EV) ecosystem. This collaboration marks a pivotal moment as these industry leaders aim to facilitate the comprehensive conversion of truck fleets to electric power over the next five years. By leveraging government incentives and forging strategic partnerships with original equipment manufacturers (OEMs) and fleet operators, Revfin demonstrates its dedication to driving sustainable mobility solutions in the country.

Kalyani Powertrain has recently achieved homologation for retrofitted electric trucks within the 10-16 tonne gross vehicle weight (GVW) category, specifically targeting the N3 Goods Carrier segment. These innovative electric trucks are expected to serve a variety of sectors, including fast-moving consumer goods (FMCG), e-commerce, cement, steel, and perishable goods. This initiative not only enhances India’s capabilities in producing ‘Made in India’ automotive solutions but also positions the nation as a significant player in the global automotive market.

The retrofitting of electric vehicles emerges as a crucial strategy in the evolution of urban transport, providing a practical approach to achieving sustainable and smart cities. As international efforts to mitigate climate change intensify, retrofitting older vehicles can extend their operational lifespan by 5 to 7 years, thereby reducing scrappage rates and lessening environmental impact. This aligns with stringent regulatory standards while also providing a means for companies to upgrade their fleets without the need for completely new purchases.

However, the successful proliferation of retrofitted EVs hinges on accessible and affordable financing options. To foster a smoother transition to electric mobility, it is essential for financial institutions and climate-focused organisations, both domestically and globally, to offer conducive financing arrangements. Furthermore, incentivising schemes and carbon credit programs could alleviate financial barriers, encouraging investments in sustainable transportation solutions. The push towards retrofitted electric trucks not only embodies a technological advancement but also signifies a collective movement towards a greener future, echoing the urgent need for sustainable practices in an increasingly carbon-constrained world.

Siegwerk Leads with Solar Energy in Rajasthan’s Desert

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September 26, 2024

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Siegwerk Leads with Solar Energy in Rajasthan’s Desert

Siegwerk, a global leader in printing inks and coatings, has taken a remarkable step towards environmental sustainability with the launch of a cutting-edge solar power park in Jaisalmer, Rajasthan. This significant investment was inaugurated on World Environment Day 2024, underscoring Siegwerk’s commitment to reducing carbon emissions and embracing renewable energy. The solar park, spread across 2.7 acres, is equipped with advanced technology capable of generating over 2 million kilowatt-hours (KWh) of electricity annually.

Located in the solar-rich region of Jaisalmer, the park benefits from approximately 20% higher solar radiation compared to other areas, such as Bhiwadi. This favourable solar exposure ensures that Siegwerk maximizes energy generation to meet the demands of its operations. The solar energy generated will support Siegwerk’s facility in Bhiwadi while reducing its carbon emissions by 1,843 tons annually, an impressive achievement in the fight against climate change.

The solar park’s seamless integration into the energy grid was made possible through an agreement with a DISCOM. Official energy draw began on May 8, 2024, marking a milestone in Siegwerk’s journey toward operational excellence through sustainable practices. With a projected operational lifespan of 25 years, the park is set to significantly contribute to Siegwerk’s renewable energy goals and serve as a model for long-term sustainable energy investments in the industrial sector.

Panasonic, Aerem to Empower India’s Solar Transition

Carbon Neutrality

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September 26, 2024

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Panasonic, Aerem to Empower India’s Solar Transition

In a strategic move that is poised to accelerate India’s solar energy adoption, Panasonic Life Solutions India (PLSIND) has signed a memorandum of understanding (MOU) with Aerem Solutions, a leading provider of solar solutions and the parent company of NetZero Finance. This collaboration aims to provide innovative financing solutions to customers purchasing Panasonic’s solar products, ensuring broader access to sustainable energy in both residential and commercial sectors.

Through this partnership, Aerem Solutions will offer customized loan facilities via NetZero Finance, allowing homeowners and commercial and industrial (C&I) customers to more easily transition to solar power. By bridging the gap between consumers and financing, the initiative seeks to drive large-scale adoption of renewable energy, aligning with India’s national goals of reducing carbon emissions and promoting clean energy usage. The financing solution not only addresses the economic barrier to solar adoption but also fosters long-term sustainability by making solar more affordable and accessible.

The partnership is expected to generate over ₹500 crore in sales of Panasonic’s solar products, marking a significant step forward in the Indian solar market. This growth reflects the companies’ shared commitment to environmental sustainability, offering innovative solutions that empower consumers to adopt renewable energy. As India’s demand for clean energy increases, collaborations like this one will play a crucial role in shaping the future of the solar industry and reinforcing the country’s renewable energy targets.

Smart Home Revolution in India Led by Global Tech Giants

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Homes and buildings

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September 26, 2024

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Smart Home Revolution in India Led by Global Tech Giants

India’s smart home market is witnessing unprecedented growth, driven by the concerted efforts of global tech giants that are rapidly transforming the way homes are managed and lived in. With advanced automation and cutting-edge technological solutions, industry leaders like Harman International and Johnson Controls are spearheading this shift. These companies are not just enhancing residential convenience, but are also optimising energy efficiency and sustainability, making smart homes a mainstream reality across the nation.

Harman International has taken a significant step forward by unveiling a bespoke video distribution solution, particularly designed for hospitality and corporate automation. This breakthrough solution is designed to improve the guest experience by integrating seamless technology that optimises management operations. With hotels and corporate sectors increasingly seeking smart solutions, this innovation by Harman sets a new standard for guest service and operational efficiency in India’s hospitality industry.

Johnson Controls is also at the forefront of this transformation, introducing an upgraded version of their SMART Equipment Control Firmware. This upgrade focuses on continuous reset single zone control, which ensures precision in energy management and optimal space comfort. Such innovations are aligned with the growing need for energy-efficient buildings and smart space management, directly addressing India’s push towards sustainable development in residential and commercial spaces.

India’s Largest Rooftop Solar Project Commissioned

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Homes and buildings

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September 25, 2024

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India's Largest Rooftop Solar Project Commissioned

Godrej Electricals & Electronics, a subsidiary of Godrej & Boyce, has achieved a significant milestone in the renewable energy sector. The company has commissioned a 12.5MWp rooftop solar project at a textile facility in Madhya Pradesh. This installation, spanning over 1 million square feet of manufacturing sheds, is one of the three largest rooftop solar installations in India and the largest in Madhya Pradesh.

Aligned with India’s ambitious renewable energy targets, Godrej & Boyce is committed to advancing green energy solutions and supporting corporate sustainability objectives. A spokesperson highlighted the project’s contribution to mitigating climate change, enhancing energy security, and bolstering economic resilience. By harnessing India’s abundant solar potential, Godrej & Boyce aims to drive industrial growth sustainably and foster technological leadership. The newly commissioned solar rooftop project is expected to generate approximately 17 million kWh of green energy annually, significantly reducing the facility’s carbon footprint and operational costs.

Godrej Electricals & Electronics is actively involved in similar ventures across various sectors, including cement, textile, automobile, and pharmaceuticals. India’s emergence as the third-largest solar power generator globally underscores the momentum and growth in the renewable energy sector. Godrej & Boyce recognizes the unique energy demands of its clients and continues to innovate with tailored solar rooftop solutions to meet sustainability goals effectively. The company’s commitment to sustainable development aligns with broader national objectives, emphasizing the importance of transitioning towards clean energy sources for long-term environmental stewardship and economic prosperity.

As India positions itself at the forefront of global solar initiatives, projects like Godrej & Boyce’s rooftop solar project are pivotal in driving transformative change across industries. Looking ahead, Godrej & Boyce remains dedicated to expanding its footprint in renewable energy solutions, leveraging technology and innovation to pave the way for a cleaner, greener future.

Waste-to-Compost Project in Karnataka

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Homes and buildings

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September 25, 2024

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Godrej Properties has embarked on a groundbreaking initiative in partnership with the Chikkaballapur City Municipal Council (CMC) and the Indian Institute for Human Settlements (IIHS) to address waste management challenges and promote sustainable practices in Chikkaballapur, Karnataka. The City-Farmer Partnership project aims to convert organic wet waste into high-quality compost that can be utilized by local farmers.

This initiative has already yielded significant results, with approximately 759 tonnes of legacy waste being processed into organic compost and supplied to 109 farmers at no cost. The project has encouraged the adoption of organic farming techniques among local farmers. Additionally, 569 tonnes of segregated wet waste has been efficiently managed in collaboration with 81 farmers. IIHS has played a crucial role in the project by conducting training sessions for over 100 farmers on converting municipal waste into organic compost. Furthermore, 45 CMC staff members have received training on waste management practices, emphasizing the importance of segregated waste collection and transportation.

Community engagement has been a key aspect of the project. Ward-level meetings, interactive sessions, street plays, and a road show have been conducted to raise awareness among citizens and businesses about the benefits of waste segregation. A spokesperson at Godrej Properties highlighted the project’s significance in addressing urban waste management challenges and promoting sustainable practices. The company emphasized its dedication to collaborating with diverse communities to achieve lasting environmental improvements. This initiative aligns with Godrej Properties’ long-term environmental goals and demonstrates the power of public-private partnerships in driving positive change. By empowering local communities to convert urban waste into valuable resources, the project aims to enhance environmental stewardship and support sustainable agricultural practices in Karnataka.

Pune Municipal Corporation Tackles Tax Evasion

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September 25, 2024

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Pune Municipal Corporation Tackles Tax Evasion

The Pune Municipal Corporation (PMC) has taken a significant step to improve tax compliance and revenue collection by involving housing societies in the monitoring of rented properties across the city. This initiative comes in response to challenges faced by PMC in verifying self-occupancy certificates from property owners. PMC officials have noticed a significant discrepancy between the number of properties that are supposed to submit self-occupancy affidavits and those that have actually complied.

With approximately 3.5 lakh property owners yet to submit the required documents out of 4.5 lakh, the civic body has launched awareness drives to address this issue. A pilot project conducted in the Sinhagad Road ward office revealed instances where self-occupied properties were incorrectly benefiting from a 40% tax discount intended solely for owner-occupied residences. This misuse of tax benefits has resulted in substantial revenue losses for the PMC. To address this issue efficiently, PMC has decided to collaborate closely with housing societies. The objective is to gather comprehensive data on rented properties within their jurisdictions. This data will be cross-checked to identify properties that are illegitimately availing tax discounts meant for self-occupied units.

Starting next week, PMC will communicate with housing society managements and utilize resources from its 15 ward offices to streamline this monitoring process. The civic body aims to ensure that properties correctly classified as rented are taxed accordingly, eliminating financial losses due to incorrect benefit claims. The saga of the 40% tax discount on self-occupied properties adds another layer of complexity to PMC’s efforts. Initially introduced in 1970 without state government notification, the discount was invalidated by Union government auditors in 2018-19. However, it was reinstated in 2022-23 following public and property owner objections. As PMC continues its drive to enforce tax regulations rigorously, property owners are urged to complete formalities promptly, including submitting PT3 forms and other required documents. This proactive approach aims to restore financial integrity to Pune’s property tax system and uphold transparency and accountability in civic governance.

Delhi Railway Colony Redevelopment Project Launched

NCR

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September 25, 2024

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Delhi Railway Colony Redevelopment Project Launched

The Rail Land Development Authority (RLDA), a statutory body under Indian Railways, has initiated the bidding process for the lease and redevelopment of the Boulevard Road Railway Colony in Delhi. The 2.156-hectare site is set to be leased for a 99-year period with a minimum reserve price of INR 318 crore. Strategically located along Lala Hardev Sahai Marg/GT Karnal Road, the Boulevard Road Railway Colony enjoys proximity to key transport hubs like the Tis Hazari Metro Station and the Rani Jhansi Flyover.

The area falls under the Residential Bungalow Zone and is earmarked for redevelopment in accordance with Delhi’s Master Plan and Development Control Regulations. The redevelopment project aims to optimize land utilization through a permissible floor area ratio (FAR) of 16,176.26 sq meters. This will facilitate the creation of modern residential and commercial spaces that meet contemporary urban living standards. RLDA’s initiative aligns with its commitment to revitalizing urban infrastructure while adhering to sustainable development practices. The invitation for bids presents a significant opportunity for developers and investors to participate in reshaping Delhi’s landscape and capitalize on the city’s robust real estate market.

The project’s strategic location and long-term lease tenure are expected to attract competitive bids from prominent real estate firms. RLDA’s proactive approach in unlocking the redevelopment potential of railway colonies reflects a broader strategy to monetize railway assets, generate revenue, and contribute to urban renewal initiatives. By inviting private sector participation, RLDA aims to foster innovation in urban design, enhance infrastructure connectivity, and deliver sustainable development outcomes. The project promises to enhance the local environment, catalyze economic growth, and create employment opportunities in the region.

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