Adani Electricity eliminates Single-use plastics across its operations
Tired of too many ads? go ad free now
The organisation has successfully recycled over 3.8 metric tonnes of non-biodegradable plastic waste during the past three financial years.
"As the world observes World Environment Day – this year's theme of #BeatPlasticPollution, we at Adani Electricity reaffirm our unwavering dedication to environmental responsibility," said an Adani Electricity spokesperson. "Sustainability isn't just a buzzword; it's a core principle guiding our every action.
The significant reduction in single-use plastics across our operations underscores our deep commitment to building a greener future.
We believe that every step, no matter how small, contributes to a larger, more impactful change for our planet and communities."
The company has eliminated numerous single-use plastic items from its operations, including water bottles, cups, cutlery, plates, thermocol cups, and plastic garbage bags under 75 microns.
They have also removed plastic gift wrap, Diwali decorations, food packaging, office supplies, and various packaging materials for technical equipment.
Sustainable alternatives implementation: The organisation has adopted sustainable alternatives throughout its operations. They now use multiple-use plastic for equipment packaging, gunny bags for components, and cardboard boxes for jointing kits. Cotton tape has replaced cello tape, and plastic has been removed from Fire Extinguisher cards.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
5 hours ago
- Time of India
Honda Motorcycle & Scooter India sells over 4.29 lakh units in June 2025
Honda Motorcycle & Scooter India (HMSI) reported total sales of 4,29,147 units in June 2025, including 3,88,812 domestic units and 40,335 exports. During the April-June period of FY26, HMSI clocked 13,75,120 units, with 12,28,961 units sold in India and 1,46,159 exported, reflecting consistent growth in both domestic and international markets. In June, HMSI continued its focus on road safety with awareness drives in 12 cities, including Jamnagar, Kota, Sangamner, Kanyakumari, and Gurugram. It also celebrated milestones at its Traffic Training Parks in Bhubaneswar (11 years) and Tiruchirappalli (6 years). A Summer Camp at the Delhi Traffic Training Park engaged children in road safety education through games and cycling practice. To mark Environment Week 2025, HMSI dealerships and service centres ran eco-awareness drives, including sapling distribution, plastic pollution awareness, and tree plantation activities, aligning with World Environment Day on June 5, the company said in a statement.
Economic Times
6 hours ago
- Economic Times
Macro's good, if micros pick up by festive season, stock and sector specific party will continue: Digant Haria
Digant Haria, Co-founder, GreenEdge Wealth, says favorable macro factors, including government initiatives, RBI rate cuts, and positive rainfall, are expected to boost demand during the festive season. While weak demand is anticipated for the next couple of quarters, PSU banks are poised to lead the credit cycle and drive demand revival. The government is urging PSU banks to increase lending to achieve higher economic growth. However, macro and micro are not tallying for India. The rally is mostly in response to good macros. If micros follow up, which is expected around the Diwali or festival season, we can have a stock specific, sector specific party continuing. Haria further says that consumer durable companies, including air conditioner and washing machine manufacturers, are expected to perform well. Experts anticipate a resurgence in the car and two-wheeler markets, driven by both rural and urban demand, with bikes appealing to rural areas and scooters to urban centers. Are you surprised that two-wheeler sales have not picked up properly? There is disappointment from Bajaj Auto amongst others. Digant Haria: The pickup in the economy really happens after August or September, so it's not really a surprise. The first quarter (Q1), the monsoon season, is generally slow. So, we are not really surprised. But if this continues till September, October, or the festive season, then that shall be a big negative surprise. The numbers have to pick up in the coming months; otherwise there is some problem. But yes, we are hopeful that it will pick up. Why are you hopeful it will pick up because monsoons are solid, interest rates have come down, yet demand is not making a comeback. Digant Haria: The government gave a budget bonanza, then RBI gave a rate cut bonanza, then mother nature gave the rainfall bonanza. Whatever can help in pushing up the demand, all those factors are very much there and even now, if the demand does not pick up, then we have a slightly deeper problem. We should see some bit of pickup because all the macro factors are very much aligned. Even the metal prices are down. The two-wheeler or the car companies are not facing pressure and they can give discounts. So, a lot of things are in place for things to come back in the festive season. What will come back? Could good old cars or two-wheelers also see the effect of good monsoon, low-rate cuts, and high tax benefits? Digant Haria: It should be a mix of all. All the consumer durable names, the air conditioners, and washing machines should also do well and in addition to that, cars and two-wheelers should make a comeback because this kind of a bonanza should be across both rural and urban. The bikes are more rural, the scooters are more urban. So, it will be across the board, at least that is what we are expecting. The M&M tractor segment, Eicher Motors, RE, and Ashok Leyland have continued to perform and that is a telling point because there is a premium bike, a farm equipment major, and a CV player as well which have done well and have posted above estimated sales. Do you think this is indicative of leadership in all of these segments with Eicher, RE, M&M tractor division, and Ashok Leyland? Digant Haria: Yes, this is a season where the tractors do well. There are different cycles. The commercial vehicle space will probably slow down because we had three great years in the past. For tractors, the last two years were roughly flat or there was hardly any growth or even degrowth to some extent. We have not even crossed the 2023 numbers. This year was expected to be a good year for tractors and good monsoons always play that catalyst for the tractor numbers. So, tractor numbers have come through and now it is time for two-wheelers and auto, the four-wheelers to have a slightly better festive season. And I would even put all these AC companies or the home durable companies in that same pack. AC companies are interesting because they are going through a bad patch because of early rains. There are discounts everywhere, yet you feel that one should look at air conditioning and air cooling stocks? Digant Haria: Yes, air conditioning is a structural theme. It is probably one of the fastest growing categories. The category itself is slated to grow at 14-15%. We will only buy one fridge, one washing machine in our large homes, but we will still buy three-four air conditioners. And then the penetration is hardly 6%. So, it is a genuine structural story. You will not find these stocks cheap. The only time when you find these stocks cheap is when the summer season has not been good and you find Voltas and Blue Star at a good 30% markdown from their all-time highs. When the summer is not very strong, the AC sales pick up around Diwali or post that. So, we are very hopeful that it is a good entry point, obviously not for one quarter, but if somebody has a 12-month horizon, it is a good time to get into these themes. For the rest of the market, what is your view? Is it getting too easy, is this as good as it gets for the rest of the year? Digant Haria: Yes, it is a complicated question. We all keep scratching our heads that we have a brilliant macro setup, like oil is down, US dollar or the DXY is weak. Gold is doing well. Metals or the energy prices in India are down. Interest rates RBI has pushed it down. So, macros are as good as it can be. Micro, if we talk sector by sector, everywhere there are some problems, like even if you look at banking, the large banks, they will report a good amount of pressure on margins. The credit growth in the system is 9%. So, macro and micro do not tally so much. Right now, the rally is mostly in response to the good macros. And if micros do follow up, which we feel they will around the Diwali or the festival season, these markets will hold up and we can have a stock specific, sector specific party continuing. But be careful. There is nothing to say that this party cannot end, but yes, macros are good. We are hopeful that the performance will come through. For this one-two quarters, we still have to live with weak demand. Even in the markets, banking sector, especially the PSU banks are probably going to lead the whole credit cycle and the demand revival for the country because they are the ones who will first go out and lend. The private banks will always hide behind the PSUs and then do their lending. The government had a big meeting with the PSU heads where they were probably told that they need to go out and lend as 8-9% credit growth is not what India should be growing at, we should grow at 12-13% at least.
Time of India
6 hours ago
- Time of India
Macro's good, if micros pick up by festive season, stock and sector specific party will continue: Digant Haria
Digant Haria , Co-founder, GreenEdge Wealth , says favorable macro factors, including government initiatives, RBI rate cuts, and positive rainfall, are expected to boost demand during the festive season. While weak demand is anticipated for the next couple of quarters, PSU banks are poised to lead the credit cycle and drive demand revival. The government is urging PSU banks to increase lending to achieve higher economic growth. However, macro and micro are not tallying for India. The rally is mostly in response to good macros. If micros follow up, which is expected around the Diwali or festival season, we can have a stock specific, sector specific party continuing. Haria further says that consumer durable companies , including air conditioner and washing machine manufacturers, are expected to perform well. Experts anticipate a resurgence in the car and two-wheeler markets, driven by both rural and urban demand, with bikes appealing to rural areas and scooters to urban centers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 곧 마감, 임플란트 개당 30만원 이벤트 진행 중 치아케어센터 지금 신청하기 Undo Are you surprised that two-wheeler sales have not picked up properly? There is disappointment from Bajaj Auto amongst others. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Digant Haria: The pickup in the economy really happens after August or September, so it's not really a surprise. The first quarter (Q1), the monsoon season, is generally slow. So, we are not really surprised. But if this continues till September, October, or the festive season, then that shall be a big negative surprise. The numbers have to pick up in the coming months; otherwise there is some problem. But yes, we are hopeful that it will pick up. Why are you hopeful it will pick up because monsoons are solid, interest rates have come down, yet demand is not making a comeback. Digant Haria: The government gave a budget bonanza, then RBI gave a rate cut bonanza, then mother nature gave the rainfall bonanza. Whatever can help in pushing up the demand, all those factors are very much there and even now, if the demand does not pick up, then we have a slightly deeper problem. We should see some bit of pickup because all the macro factors are very much aligned. Even the metal prices are down. The two-wheeler or the car companies are not facing pressure and they can give discounts. So, a lot of things are in place for things to come back in the festive season. What will come back? Could good old cars or two-wheelers also see the effect of good monsoon, low-rate cuts, and high tax benefits? Digant Haria: It should be a mix of all. All the consumer durable names, the air conditioners, and washing machines should also do well and in addition to that, cars and two-wheelers should make a comeback because this kind of a bonanza should be across both rural and urban. The bikes are more rural, the scooters are more urban. So, it will be across the board, at least that is what we are expecting. Live Events You Might Also Like: Mega trend emerging in silver, time to sell gold and top up in silver? Gautam Shah answers The M&M tractor segment, Eicher Motors, RE, and Ashok Leyland have continued to perform and that is a telling point because there is a premium bike, a farm equipment major, and a CV player as well which have done well and have posted above estimated sales. Do you think this is indicative of leadership in all of these segments with Eicher, RE, M&M tractor division, and Ashok Leyland? Digant Haria: Yes, this is a season where the tractors do well. There are different cycles. The commercial vehicle space will probably slow down because we had three great years in the past. For tractors, the last two years were roughly flat or there was hardly any growth or even degrowth to some extent. We have not even crossed the 2023 numbers. This year was expected to be a good year for tractors and good monsoons always play that catalyst for the tractor numbers. So, tractor numbers have come through and now it is time for two-wheelers and auto, the four-wheelers to have a slightly better festive season. And I would even put all these AC companies or the home durable companies in that same pack. AC companies are interesting because they are going through a bad patch because of early rains. There are discounts everywhere, yet you feel that one should look at air conditioning and air cooling stocks? Digant Haria: Yes, air conditioning is a structural theme. It is probably one of the fastest growing categories. The category itself is slated to grow at 14-15%. We will only buy one fridge, one washing machine in our large homes, but we will still buy three-four air conditioners. And then the penetration is hardly 6%. So, it is a genuine structural story. You will not find these stocks cheap. The only time when you find these stocks cheap is when the summer season has not been good and you find Voltas and Blue Star at a good 30% markdown from their all-time highs. When the summer is not very strong, the AC sales pick up around Diwali or post that. So, we are very hopeful that it is a good entry point, obviously not for one quarter, but if somebody has a 12-month horizon, it is a good time to get into these themes. You Might Also Like: Expect mixed results in Q1; capital goods, infrastructure, power & automation poised for growth: Devang Mehta For the rest of the market, what is your view? Is it getting too easy, is this as good as it gets for the rest of the year? Digant Haria: Yes, it is a complicated question. We all keep scratching our heads that we have a brilliant macro setup, like oil is down, US dollar or the DXY is weak. Gold is doing well. Metals or the energy prices in India are down. Interest rates RBI has pushed it down. So, macros are as good as it can be. Micro, if we talk sector by sector, everywhere there are some problems, like even if you look at banking, the large banks, they will report a good amount of pressure on margins. The credit growth in the system is 9%. So, macro and micro do not tally so much. Right now, the rally is mostly in response to the good macros. And if micros do follow up, which we feel they will around the Diwali or the festival season, these markets will hold up and we can have a stock specific, sector specific party continuing. But be careful. There is nothing to say that this party cannot end, but yes, macros are good. We are hopeful that the performance will come through. For this one-two quarters, we still have to live with weak demand. Even in the markets, banking sector, especially the PSU banks are probably going to lead the whole credit cycle and the demand revival for the country because they are the ones who will first go out and lend. The private banks will always hide behind the PSUs and then do their lending. The government had a big meeting with the PSU heads where they were probably told that they need to go out and lend as 8-9% credit growth is not what India should be growing at, we should grow at 12-13% at least.
