9JUNE 2026CleanMax bags 900 MW Renewable Energy Pact With Meta in a landmark move that further strengthens India's clean energy ecosystem. The latest agreement takes the total renewable energy partnership between CleanMax and Meta to more than 900 MW, making it one of the largest corporate renewable energy collaborations in the country.The announcement highlights the growing demand for green power from global technology companies while reinforcing India's position as a key renewable energy investment destination. The partnership will support Meta's long-term sustainability goals and help power its expanding digital infrastructure with clean energy. The deal also reflects increasing corporate interest in securing renewable power through large-scale solar and wind energy projects. Gujarat is preparing to introduce a new industrial category aimed at attracting some of the country's largest investments. Under the proposed policy, eligible ultra mega project may receive incentives worth up to 40 percent of their capital investment, a move that could significantly boost large-scale manufacturing, infrastructure, and technology investments in the state.The proposed ultra mega category is expected to be part of Gujarat's upcoming industrial policy and will target projects with investments of at least Rs 10,000 crore while creating substantial employment opportunities. The initiative reflects Gujarat's continued efforts to strengthen its position as one of India's leading investment destinations. By offering customized incentives and support mechanisms, the state aims to attract high-value projects across emerging and strategic sectors. Addverb plans USD 100 million raise as the Ambani-backed robotics company looks to strengthen its position in the rapidly growing global automation and artificial intelligence market. The Indian robotics firm is seeking fresh capital to accelerate the development of Prime Minister Narendra Modi will embark on a week-long visit to France and Slovakia beginning June 13, aimed at strengthening bilateral ties, advancing technology partnerships, and addressing key global challenges. The visit will also include participation in the G7 Summit in France, where Modi is expected to engage with world leaders on issues ranging from economic growth to artificial intelligence.The multi-leg trip underscores India's growing engagement with Europe and its role in shaping discussions on global governance, innovation, and international cooperation. In the first visit, Modi will travel to the French city of Nice on June 13-14, where he will hold bilateral talks with French President Emmanuel Macron. The Rs 3,050 crore IntelliSmart acquisition by Adani Energy Solutions Ltd (AESL) marks a major milestone in India's rapidly expanding smart metering sector and significantly strengthens the company's position in the country's power distribution modernization drive. The transaction will substantially increase AESL's smart meter footprint and enhance its capabilities in delivering technology-driven energy solutions across India. The deal comes at a time when the government is accelerating the adoption of smart meters to improve billing efficiency, reduce power losses, and modernize electricity distribution networks. CLEANMAX LANDS MEGA 900 MW RENEWABLE ENERGY PACT WITH METAULTRA MEGA PROJECTS COULD GET UP TO 40% INCENTIVES IN GUJARATADDVERB PLANS USD 100 MILLION RAISE TO CHALLENGE GLOBAL ROBOT GIANTSPM MODI TO MEET MACRON, ATTEND G7 SUMMIT AND VISIT SLOVAKIAADANI'S RS 3,050 CRORE BET RESHAPES INDIA'S SMART METER MARKETadvanced technologies, including humanoid robots, quadruped robots, and AI-powered automation systems.With ambitious expansion plans and a growing international presence, Addverb plans USD 100 million raise to compete with some of the world's largest robotics companies and establish itself as a leading player in the sector. The fundraising move comes at a time when demand for robotics, warehouse automation, and AI-driven solutions is increasing across industries worldwide.
<
Page 8 |
Page 10 >