NamasteIndia Floating solar panels on a river—talk about making waves in renewable energy!
Location: Omkareshwar Dam’s reservoir on the Narmada River, Khandwa, Madhya Pradesh.
Project Capacity: 90 MW floating solar project.
Significance: Largest floating solar park in India.
Capacity Boost: Increases SJVN’s total installed capacity to 2466.50 MW.
Environmental Impact:
Generates 196.5 million units of energy in the first year.
Reduces carbon emissions by 2.3 lakh tonnes.
Economic Impact:
Developed at a cost of approximately \$78.5 million.
Boosts SJVN’s revenue by around \$7.8 million annually.
Water Conservation: Helps reduce water evaporation.
Originally published on LinkedIn on 2024-08-10 02:20:35: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A2474261-7227861361878269952
NamasteIndia automaker Mahindra & Mahindra and China’s Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufacturing plant in India and are awaiting New Delhi’s approval.
Joint Venture: Mahindra & Mahindra (India) and Shaanxi Automobile Group (China)
Investment: $3 billion
Majority Stake: Mahindra & Mahindra
Location: Proposed in Gujarat, India
Focus: Manufacturing assembled cars, engines, and car batteries
Types of Vehicles: Electric vehicles (EVs), commercial vehicles, and passenger cars
Approval Status: Awaiting approval from New Delhi
Regulations: Subject to Indian government regulations on Chinese investments since 2020
This venture aims to boost India’s automotive industry and export capabilities, with a strong emphasis on electric and commercial vehicles.
Originally published on LinkedIn on 2024-08-09 20:16:34: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A2474261-7227769754013298688
NamasteInvestIndia Toyota to set up manufacturing plant in Maharashtra; likely to invest USD 2.7 billion
Location: The plant will be situated in Chhatrapati Sambhaji Nagar (formerly known as Aurangabad).
Investment: Toyota intends to invest around $2.7 billion in this greenfield facility.
Purpose: The plant will contribute to the production of both electric and internal combustion engine (ICE) vehicles.
Annual Capacity: It is expected to manufacture nearly 400,000 units annually.
Impact: This investment is likely to create approximately 24,000 jobs and significantly boost the economy in the Marathwada region .
Toyota’s commitment to expanding its operations in India reflects its dedication to growth and development in alignment with national priorities. The company already has two world-class manufacturing units in Bidadi, Karnataka, and this new plant in Maharashtra will further strengthen India’s position in the global automobile landscape. Exciting times ahead for the automotive industry! https://lnkd.in/gtP2NJvf
Source / shared link: https://m.economictimes.com/industry/auto/auto-news/toyota-to-set-up-manufacturing-plant-in-maharashtra-likely-to-invest-rs-20000-cr/articleshow/112162574.cms
Originally published on LinkedIn on 2024-08-01 11:15:28: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7224734473924263938
