Adani-EdgeConneX JV partners with 8 global banks with ₹11,520 crore, setting grounds for green data centres

AdaniConneX, a joint venture equally owned by Adani Enterprises and EdgeConneX, secured India’s largest sustainability-linked financing arrangement, raising up to USD 1.44 billion (around ₹11,520 crore), the company announced in an official release.

“This successful exercise is a testament to the…
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AdaniConneX establishes India’s largest sustainability linked financing to raise up to $1.44 billion

AHMEDABAD: In a bid to accelerate digital infrastructure growth in India, AdaniConneX, a JV between Adani Enterprises and EdgeConneX, on Sunday said it has established the country’s largest sustainability-linked financing to raise up to $1.44 billion.
The transaction elevates AdaniConneX’s construction financing pool to $1.65 billion, building on the maiden construction facility of $213 million executed in June last year.
“This successful exercise is a testament to the collective…
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Source: https://www.punjabnewsexpress.com/news/news/adaniconnex-establishes-indias-largest-sustainability-linked-financing-to-raise-up-to-144-billion-247771

Sustainable Travel Weighs On The Minds Of Vacationers

A recent survey of French vacationers by MadeinVote for Flower Campings may have revealed what a large number of travellers are secretly thinking


For 28% of travelers, vacation plans are too precious to be burdened by environmental imperatives.
Image: ShutterstockThe reality of climate change and the urgent need to get away from it all without further damaging the planet are weighing heavily on the minds of many…
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Source: https://www.forbesindia.com/amp/article/lifes/sustainable-travel-weighs-on-the-minds-of-vacationers/92795/1

India has the opportunity to lead the world in eco-tourism: Experts ,Economy & Infra News, Business News

India has a unique opportunity to lead the way in eco-tourism, setting itself apart from regions like Europe that have faced the consequences of mass tourism. With vast potential largely untapped, India’s tourism sector stands poised for growth, particularly through eco-tourism initiatives.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGThe industry experts emphasized the urgent need for sustainable tourism in India amid the global shift towards sustainability in travel, spurred by concerns over…
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Source: https://www.zeebiz.com/economy-infra/news-india-has-the-opportunity-to-lead-the-world-in-eco-tourism-experts-286941/amp

Aussiebum India: Aussiebum plans to set up manufacturing facility in India

Aussiebum, Australian brand of men’s swimwear, underwear, and clothing plans to establish its own manufacturing unit in India to produce for domestic and global markets, Sean Ashby founder and CEO of the company told ET. The brand aim to capture 3-5% share of the innerwear market in India by 2026 and has already started selling online.“This localized production will create employment opportunities while enabling aussieBum to seamlessly blend Indian talent and resources into its design and…
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Source: https://m.economictimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/aussiebum-plans-to-set-up-manufacturing-facility-in-india/amp_articleshow/109621461.cms

inDrive Advances EV Integration in India for Enhanced Sustainability

inDrive, a global mobility and urban services platform, is actively enhancing its efforts to integrate electric vehicles (EVs) into its services. The company is committed to promoting sustainable transportation and has implemented several initiatives aimed at increasing the use of EVs in its operations.
Key Highlights:

Introduction of a dedicated EV category, including cars, auto-rickshaws, and motorcycles.
Development of tools to better monitor and analyze the environmental impact of…
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Source: https://www.pc-tablet.co.in/indrive-advances-ev-integration-in-india-for-enhanced-sustainability/18377/

The Dilemma of India’s Solar Waste – Sustainability News

By Ramnath Vaidyanathan

Imagine it’s the year 2047. India is celebrating its centennial of independence in a country transformed by renewable energy. Old and new cities are adorned by photovoltaic panels and villages are dotted with solar farms. However, the very source of India’s energy independence has given rise to a new challenge – the disposal and recycling of solar waste.

This fiction could soon be a reality. The India government has been steadfast in amplifying investments…
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Source: https://www.financialexpress.com/business/sustainability-the-dilemma-of-indias-solar-waste-3469915/lite/

MatchLog Solutions raises $1.5M to enhance sustainability and carbon efficiency in container logistics

MUMBAI : MatchLog Solutions, a sustainable container logistics and supply chain optimization player, today announced the close of $1.5 million in pre-series A funding. 

The round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital, and Capital A.

In 2022, MatchLog raised $3 million from Blue Ashva Capital, Rainmatter Climate Technologies, and Capital-A.

Shifting to a full…
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Source: https://indiashippingnews.com/matchlog-solutions-raises-1-5m-to-enhance-sustainability-and-carbon-efficiency-in-container-logistics/