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.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Has IndiGrid cracked the green finance code?
Blending capital from investors with varying risk appetite to fund green projects has emerged as a reliable model for the KKR-backed InvIT—its latest for India's largest battery energy storage project being an example.
The hunt for greener steel stutters
ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.
A sobering reality check for India’s record renewable capacity addition
New green energy capacity was at an all-time high in FY25, but it masks some serious challenges facing India’s ultimate renewable energy target.