Indian conglomerate Larsen & Toubro (L&T) has secured a three-year sustainability-linked loan of $107 million from Sumitomo Mitsui Banking Corporation (SMBC) to help achieve its environmental, social, and governance (ESG) goals. The Japanese banking group has been appointed by Larsen & Toubro as the sole sustainability coordinator and lender. Toshitake Funaki — Sumitomo Mitsui Banking […]
Tata Power said that its subsidiary Tata Power Renewable Energy Limited (TPREL) will install a 100MW captive solar power plant in Nasik for stainless steel manufacturer Viraj Profile Private Limited at its site in Maharashtra. The captive solar power plant in Nasik will be developed by Tata Power at Nandgaon. It will supply power to […]
Vaibhav Global Limited (VGL), an Indian E-tailer of fashion jewellery, accessories, and lifestyle products, revealed plans to become carbon neutral in Scope 1 & 2 emissions by the year 2031. The company claimed that it has incorporated sustainability aspects in its core practices and policies. Vaibhav Global is also targeting to achieve carbon neutrality in […]