Ruia hopes hydrogen bet will power Essar revival
The now debt-free group is embarking on a mega decarbonization project in the UK—one that will determine if it can shake off the past and reclaim its empire status.
15 August, 2024•12 min
0
15 August, 2024•12 min
0
More in Business
Business
Subsidies, soft demand and an open door to Europe: Sula’s perfect storm
In one of its worst years yet, India’s largest winemaker is facing headwinds on all fronts and has little by way of a plan.
You may also like
Business
Budget 2026: Green targets, grey solutions
India is betting big on carbon capture and coal gas despite global failures. With a new entrant, the race for Shell’s renewable platform in the country is hotting up. Plus, why the solar relief rally might be premature.
Business
JSW Energy’s acquisition engine is working—and that is a worry
Rapid asset purchases are driving generation growth, but rising debt and weaker cash flows are testing investor confidence.
Business
Why Adani Green’s rapid expansion is hurting its bottom line
The renewable energy firm’s profit plunges 99% to its lowest since 2020 as surging finance costs erase gains from record energy sales.