Tag: energy transition
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
Suzlon Secures 1,544 MW with NTPC Green Energy
Suzlon Energy Ltd has announced a major expansion of its partnership with NTPC Green Energy Ltd (NGEL), consolidating its total project capacity with the...
AGEL Wins 1,250 MW Hydro Storage Project in UP
Adani Green Energy Ltd (AGEL) has been awarded a 1,250 MW energy storage contract from the Uttar Pradesh Power Corporation Ltd (UPPCL) for a...
NTPC to Invest $62 Billion in Nuclear Expansion Over Two Decades
India’s state-run power producer NTPC Ltd. is planning an ambitious 30-gigawatt (GW) expansion in nuclear power over the next 20 years, with an estimated...
Chevron Invests $1B in India for AI-Driven Energy Hub
Energy giant Chevron is making a major $1 billion investment to establish its Engineering and Innovation Excellence Center (ENGINE) in Bengaluru. The new facility...
India Must Reform Gas Market for Expansion, Says IEA
The International Energy Agency (IEA) has urged India to implement crucial reforms in its natural gas sector, including freeing up gas pricing and unbundling...
Energy Transition Must Include Fossil Fuels: Puri
Oil Minister Hardeep Singh Puri urged a balanced approach to energy transition, emphasizing that while fossil fuels remain critical in the short term, the...