Axllo Green Energy Secures $66M Funding for 20 CBG Plants in South India

Axllo Green Energy Secures $66M Funding for 20 CBG Plants in South India

Axllo Green Energy Private Limited (AGEPL) is poised for a significant leap in the renewable energy sector, securing full funding for 20 Compressed Biogas (CBG) plants across South India. A United Kingdom-based investment firm M/s Climate Capital Technolgy Limited, London, has committed an impressive $66M (around 560 Crores INR) for the erection, commissioning, and operation of these plants, each with a capacity of 5 TPD (Tonnes Per Day).

The first plant, located near Bagalkot, Karnataka, is set to be commissioned on Axllo’s 5-acre land plot. The plant will process Pressmud and Napier Grass as feedstock to produce 5,000 kgs of Compressed Biogas daily. In addition to biogas, the plant will generate valuable by-products such as 32 tonnes of solid manure per day and carbon credits, contributing to environmental sustainability and carbon emission reductions.

The UK-based financing company views this partnership as a key entry into the Indian market, with a primary focus on transacting carbon credits in the international market. Carbon credits are projected to have substantial financial potential, offering promising returns on investment while supporting global carbon reduction efforts.

Commenting on the investment, the CEO of the UK-based financing firm, Climate Capital Technology Limited, Mr. Douglas Prentice, said, “We will work closely with the Axllo team to ensure a smooth transition of funds in alignment with the project’s milestones. We believe this partnership will significantly contribute to India’s renewable energy goals and global efforts towards sustainable energy solutions.”

AGEPL’s CEO and Managing Director, Mr. Sadanand M. Banagar, emphasized the importance of the project beyond its financial value, stating, “Beyond the lucrative financial returns, we are committed to supporting green initiatives that align with our mission to drive sustainability and combat climate change. The significant reduction in carbon emissions and the promotion of renewable energy in rural areas make this project particularly compelling for us.”

This collaboration marks a milestone in Axllo Green Energy’s journey towards a greener and more sustainable energy future, positioning it as a key player in India’s renewable energy landscape.

Contact : Mr. Basavaraj KJ

Media Liason

+91-93800 08946

info@axllo.com

Infinity Vision Wraps Up Science Premier League (SPL) 2024 with Stellar Scientific Talent

Infinity Vision Wraps Up Science Premier League (SPL) 2024 with Stellar Scientific Talent

Infinity Vision (a venture of Vision IAS), successfully concluded the Science Premier League (SPL) 2024, an Inter-School Competition designed to unite students from various schools in Delhi, challenging their scientific acumen and providing them with a healthy, knowledge-based experience.

The first phase of SPL commenced across over 10 schools in April 2024. Students from 8th to 10th standard participated enthusiastically, demonstrating their problem-solving prowess and scientific intelligence through objective questions and essays covering a wide range of topics, including Artificial Intelligence (AI), climate change and space exploration.

Continuing the momentum, SPL 2024 advanced to its second phase at Infinity Vision, Preet Vihar Centre in Delhi, on May 8th and 10th. Here, the top 8 students selected from each school in the initial phase exhibited their talent through presentations, case studies and group discussions.

The presentation round began with students working in groups to create and present PPTs on emerging technologies, promoting confidence and team building. Next, the case studies evaluated students’ ability to apply scientific theoretical concepts analytically to solve problems. Finally, group discussions centred on brainstorming current scientific challenges and opportunities while promoting the students’ listening skills and public speaking abilities.

On the first day of the second phase, St. Lawrence Convent School emerged victorious, with Laxmi Public School as the 1st Runner-up and Arunodaya Public School as the 2nd Runner-up. On day two, the standout moment was St. Lawrence Public School’s win, with Viaan International School as the 1st Runner-up and RPM Lovely Public Sr. Sec. School as the 2nd Runner-up.

The exceptional performance of the students not only underscores their aptitude for science but also reflects the high-quality education imparted by the participating schools. Competitions of this nature develop a sense of camaraderie among participants while refining their critical thinking and collaborative abilities, which are vital for navigating the complexity of today’s world.

Committed to maintaining the standards of excellence, Infinity Vision remains dedicated to the holistic development of students.

Indian Entrepreneur Develops novel one of a kind Radiative Cooling Headwear Cap. The product along with other consumer wearables opens possibility to a new billion dollar market

Indian Entrepreneur Develops novel one of a kind Radiative Cooling Headwear Cap. The product along with other consumer wearables opens possibility to a new billion dollar market

In the last several years, one has felt the summers getting hotter and drier every year. This is one of the direct effects of climate change and global warming. Across the world, one can clearly see the fingerprints of climate change and it is alarming, to say the least. While efforts are being made by government bodies, private agencies and individuals to reverse the effects of climate change, one has also been looking for ways or methods to protect oneself from the sweltering heat of the summer.

Rajiv Lunkad along with his brother Sanjog Lunkad both fourth generation entrepreneurs have been working across different industries and technologies and products that enable the world move towards adopting a sustainable lifestyle. While moving ahead in this direction, they have managed to put together a product which is now known as the first radiative cooling headwear cap to exist in the world.

Talking about the thought behind inventing this product, Rajiv says, “This summer was one of the hottest ever recorded in many places, leaving millions of people grappling with unbearable heat. As we anticipate a future of warmer summers fuelled by the climate crisis, we have to find ways to adapt to the changing environment. This cooling headwear cap, which is a first-of-its-kind product in this space, has been designed to make the summers a little more bearable for people.”

The duo have worked on several notable projects and lent their expertise to the development of technologies and products that have played an important role in introducing modern technologies One such being their innovation of fully illuminated traffic light project which has been implemented in the city of Mumbai and now being visibly replicated elsewhere in the country.

Elaborating further on the product, he states, “The cap has been made using radiative cooling material that will safeguard people from extreme heat when they are in an outdoor space. Apart from being made with sustainable material, the cap is energy-free and carbon neutral. The cap reflects maximum sunlight back through the atmospheric window into space creating a cooling effect on the inside. It can achieve a cooling of more than minus 5 degrees than the outside temperature.”

The product designed and developed by the duo entrepreneurs serves as yet another testimony to the fact that Entrepreneurs in India are
also filled with visionaries that can create the kind of products that would not only help the people in the country adhere to an environment-friendly and sustainable lifestyle but also enable the entire world to treat the environment more empathetically.

The team is gearing up to lauch the product commercially very soon in the
coming months.

Heavy Rainfall Worsens Delhi’s Flood Crisis; Urgent Measures Needed

New Delhi, July 14 (Our Newspaper’s Name): The capital city of India, Delhi, is grappling with an alarming flood situation as heavy rainfall continues to lash the region. The downpour has exacerbated the already dire flooding situation in the city, posing significant challenges to the lives and infrastructure of its residents. Immediate action is urgently required to address the escalating crisis.

According to the latest data from the Indian Meteorological Department (IMD), Delhi has witnessed a staggering 200 millimeters of rainfall in the past 24 hours alone. This relentless deluge has caused water levels in major rivers and drains to surge, overwhelming the city’s drainage system and leading to severe waterlogging in several areas.

The current flood situation has severely disrupted normal life in Delhi, with transportation services severely affected. Many low-lying areas are submerged, rendering roads impassable and causing immense hardships for commuters. Pedestrians, too, face significant challenges as they navigate through knee-deep waterlogged streets, risking their safety in the process.

The heavy rainfall has not only inundated residential areas but has also impacted critical infrastructure. Hospitals, schools, and other public facilities are struggling to function amidst the waterlogged conditions. Power outages have become increasingly common as electrical infrastructure bears the brunt of the flooding, further compounding the difficulties faced by the residents.

In the wake of the worsening flood situation, rescue and relief operations have been initiated by the local administration. The Delhi Disaster Management Authority (DDMA) is working round the clock to provide immediate assistance to affected residents. Several teams comprising local authorities, police, and National Disaster Response Force (NDRF) personnel have been deployed to carry out rescue operations and evacuate those stranded in waterlogged areas.

The situation demands swift and coordinated efforts from all stakeholders to minimize the impact of the floods. The civic bodies and relevant government agencies must prioritize clearing the waterlogged areas, ensuring the smooth functioning of essential services, and restoring normalcy as quickly as possible.

Furthermore, the existing drainage infrastructure in Delhi must be critically evaluated and upgraded to handle the escalating rainfall patterns witnessed in recent years. Investments in modernizing the drainage system, coupled with comprehensive urban planning that takes into account climate change, can significantly mitigate future flood risks.

It is crucial that the central and state governments collaborate to provide sufficient financial resources and technical expertise to effectively address the ongoing crisis. Additionally, raising public awareness about flood preparedness and educating residents on precautionary measures can help reduce the vulnerability of the city and its residents to such calamities.

In conclusion, Delhi’s flood situation has reached a critical point due to heavy rainfall, causing widespread waterlogging and disruptions in the city. Immediate measures are necessary to ensure the safety and well-being of the residents, along with a long-term strategy to bolster the city’s resilience against future floods. Only through concerted efforts and effective planning can Delhi overcome this crisis and emerge stronger in the face of mounting climate challenges.