The Chief Minister of Madhya Pradesh Shri Shivraj Singh Chouhan virtually inaugurated India’s largest pumped storage project in Madhya Pradesh. The project is being developed by Greenko Group, India’s largest energy storage company.

The project, which is located in the Khemla block, Neemuch district, Madhya Pradesh, has a capacity of 1440 megawatt (MW), with storage for 7.5 hours and is now being expanded to 1920 MW with storage of 6 hours to provide a storage of nearly 11 Giga watt hours (GWh) daily.

The overall investment will total Rs 11,500 crores over the next three years and generate 4800 jobs during construction and 200 jobs after completion of the construction.

An additional Rs 15 crore will be invested in local community projects to support indirect jobs such as small infrastructure contracts, hiring of vehicles etc. It will be completed within 30 months as against allocated period of 36 months by statutory authorities.

When completed, the project will be able to integrate more than 7000 MW of renewable capacity.

This project is an off stream open loop project as it envisages the construction of new off stream reservoir known as the upper reservoir and the existing Gandhi Sagar Reservoir will be used as lower reservoir. The proposed upper reservoir shall be made by construction of a 5,970-metre-long and a 35-metre-tall Asphalt Face Rockfill Embankment Dam (AFRD).

“”The inauguration marks a milestone in India’s clean energy efforts, said Mr. Anil Kumar Chalamalasetty, Group CEO and Managing Director, Greenko Group. “It is a moment of great pride for Greenko that we have pioneered to deliver 24/7 dispatchable renewable energy solution, for industrial decarbonization and energy transition. Achieving this is made possible through national-level policy backing and the forward-thinking guidance of the Honourable Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chouhan ji. Greenko is committed to facilitate a comprehensive shift towards carbon-free energy through integrated solutions.”

About Greenko Group

Greenko Group has an installed capacity base of 7.3 GW across solar, wind and hydro generation technologies spread over ~100+ projects across 15 states and delivering 20+ Bn units of renewable energy annually across the country constituting ~1.5-2% of total India electricity needs.

Greenko Group is the world’s largest energy storage company and one of the largest clean energy companies globally. The Group is focused on enabling carbon neutral solutions to achieve net zero goals of corporates and global economies at scale through its intelligent energy platform and green hydrogen production systems. Greenko is building 30 Giga Watt Hours of lowest cost storage capacity as part of its plan in developing energy storage cloud platform of 100 Giga Watt Hours.

Tribecar aims to electrify its fleet, with support from Charge+’s nationwide EV charging network

Tribecar, Singapore’s largest Car-Sharing platform and Charge+, a leading electric vehicle charging operator serving Southeast Asia, signed a collaboration agreement. Tribecar, with over 1,300 vehicles, plans to electrify its car-sharing fleet and tap on Charge+ as a powerful enabler with its extensive EV charging network across the island.

“The collaboration with Charge+, a key player in the proliferation of EV charging in Singapore, further solidifies our leading position to drive sustainable mobility in Singapore’s car-sharing space. We can now speed up our electrification plans and

strengthen our users’ adoption of EV mobility options by leveraging on Charge+’s extensive EV charging network in the heartlands to improve the overall experience for our customers. A shared mission to advance the state of sustainable mobility in Singapore is what made this an even greater fit for us.” said Adrian Lee, Co-Founder of Tribecar.

“In line with our mission to catalyse electric mobility in Singapore, Charge+ has been playing an instrumental role in spurring electrification in vehicular fleets. As fleets tend to have higher daily mileage, it is vital that fleet vehicles be at the forefront of electrification. Our partnership with leading car-sharing company Tribecar is a strong affirmation of how the pervasive EV charging network by Charge+ can spur EV adoption and make driving an EV convenient and hassle-free.” said Goh Chee Kiong, CEO of Charge+.

This collaboration will benefit members of Tribecar as they get to enjoy attractive charging rates from Charge+. In addition, Tribecar’s EVs in mileage-based categories will be deployed next to Charge+ charging points located in the carparks of many public housing towns. This allows for the ease of charging the vehicles when the vehicle is not on the move.

The cooperation will also see Tribecar promoting the use of Charge+ charging points to its users.

An immediate benefit of an electric fleet for Tribecar users is that they get to enjoy savings on energy costs. As compared to an ICE vehicle, they get to save at least 50% per km in fuel costs when they opt to pay for their own fuel. With Charge+, Tribecar hopes to promote the ease of using an EV charging point, right in the middle of the heartlands where their vehicles have always been deployed.

Tribecar and Charge+ apps are available for download via the Google Play Store and the Apple App Store.

About Tribecar 

Tribecar is an innovative and affordable car-sharing platform that provides hourly, daily or weekly car rentals at affordable prices. Founded in 2016, Tribecar currently has over 1,300 vehicles, with its fleet conveniently parked within minutes in the heartlands. It is an affordable transportation alternative, inclusive of insurance, COE, road tax and maintenance. You can book and collect the car at any time of the day, you plan your own trip. No more hassles of owning a car!

Tribecar is the only car-sharing model in Singapore equipped with the private hire and food-delivery insurance and complies with LTA regulations, allowing commercial (driving for GrabCar/Go-jek, food delivery for FoodPanda/Deliveroo or sending delivery for Lalamove/NinjaVan) and/or leisure usages. Tribecar also welcomes p-plate drivers who have just gotten their licence to utilise vehicles within its car-sharing platform.

About Charge+ 

Charge+ is a leading integrated EV charging solution provider for Singapore and Southeast Asia, with the mission to catalyse the proliferation of electric mobility in the region. Its suite of integrated solutions include a proprietary ultra-slim charger, smart charging software and innovative business models. Executing its roadmap to implement at least 10,000 charging points by 2030, Charge+ is Singapore’s only comprehensive charging operator serving the public housing, condominium, commercial and industrial building segments. With Singapore as the springboard, Charge+ is also operating in Malaysia, Thailand and Vietnam.

As consumer behaviors shift towards greener and more sustainable products due to climate change awareness, companies are increasingly looking to integrate a more sustainable approach to their businesses. Market-leaders such as Nike, Adidas, H&M & Amazon are already placing sustainability at the forefront of their global product and marketing strategies.

To help companies digitalize and increase efficiency for sustainable business practices, VeChain, the leading enterprise friendly blockchain platform, officially launches its Blockchain-enabled Sustainability Solution. The solution is built on its one-stop data Blockchain-as-a-Service (BaaS) platform VeChain ToolChain™.

BlockChain + Sustainability: Ensuring Trustworthy Long-term Efficiency & Profitability For Brands

Research by The World Economic Forum has shown that the risks for companies will grow due to both the direct impact of climate change on business operations and supply chains. There have been corresponding demands for transparency on sustainable activities, with financial regulators, policymakers proposing mandatory climate risk disclosure legislation, and litigation against companies failing to disclose climate risk.

In the meantime, the majority of customers are demanding more sustainable products from brands, showing strong willingness to change their purchasing habits to help reduce negative impact to the environment, especially among Generation Z. These customers are also inclined to buy products that have a clearly defined sustainability policy.

VeChain’s Blockchain-enabled Sustainability Solution centers on building a value-driven approach for businesses to streamline sustainable practices during the supply chain and manufacturing process. Blockchain technology allows businesses to reliably and accurately showcase their sustainable practices not only to consumers, but financial regulators and policymakers.