Cold Storage

Ecozen plans to raise $75 mn to fuel growth, increase market presence

Solar solutions provider Ecozen is planning to raise USD 75 million (about Rs 620 crore) to fuel its expansion plan in the domestic and international markets, a company official said. Pune-based Ecozen provides cold storage solutions using clean energy. "We are considering raising a private investment of around USD 75 million to fuel growth, partnerships, and customer financing," Ecozen CEO Devendra Gupta said. The amount raised will be used to expand the company's production facility, enhance product lines, and increase market presence in India and abroad, he said. Gupta said Ecozen has a production facility of 1 lakh sq ft and the company is exploring to diversify into new product ranges across different sectors. "In retail, we've launched advanced freezer solutions, and in the mobility sector, we are leveraging our expertise in motor controllers and battery analytics tools to enhance electric vehicle efficiency and support fleet management. We are also exploring retrofitting ..

Wheat sowing picks up pace as Central inventories drop to 7-year low

A high-level team of officials on a survey in some of the major wheat-growing areas found that almost 85 per cent of wheat sown so far has been of climate-resistant varieties

WD starts shipping its 24TB CMR HDD, ramps up 28TB SMR HDD: Details

The Ultrastar DC HC680 and HC580 HDDs are currently being qualified by select hyperscalers, CSPs and OEM customers, and are now available for large enterprise customers

South Africa's Renergen to start making ultra-cold Covid vaccine storage

South African natural gas and helium producer Renergen will start production of its helium powered ultra-cold mobile freezer in the next few days

Rs 1 trn announced for strengthening agri-infra, cold storage: Tomar

Narendra Singh Tomar informed that the government has set up a Rs 1 lakh crore fund under the "Aatmanirbhar package" to strengthen the crops storage infrastructure and reduce post-harvesting losses.

India's Covid vaccination mock drill: planning, logistics to be in focus

96,000 vaccinators trained for world's largest immunisation exercise so far. A helpline is being started by states for any vaccine-related queries

Cold storage to companies: a stock trader's guide to Covid vaccine rollout

With millions getting injected, how will markets react to reports of sickness or deaths among those who have received the vaccine?

Some vaccines may get licensed in the next few weeks: Health secretary

Depending upon availability all three priority groups selected for vaccination could get vaccinated simultaneously

Top headlines: CIC structures on RBI's watch list; DLF to delve in Mumbai

From CIC structures of large groups on RBI's watch list to Pfizer working on cold storage issues to ensure temperature integrity, here are top headlines this morning

Fighting Covid: States crank up their cold chains; apprise Centre of needs

Chief Minister B S Yediyurappa said Karnataka has around 2,855 cold chain points for storage and distribution of the Covid-19 vaccine

Agri Infra fund: PM to launch financing facility of Rs 1 trillion tomorrow

He will also release the sixth instalment of funds of Rs 17,000 crore to 85 million farmers under the PM-KISAN scheme

Foodgrain stocks top 100 million tonnes, triggering calls for liquidation

The massive build-up could also pose a grave storage challenge as the monsoon keeps advancing.

Budget 2020 proposes Kisan Rail in PPP mode for cold supply chain

Presenting her second Union Budget, Sitharaman announced a slew of measures for the benefit of farmers

Cold storage capacity expands, Rs 21,000 crore investment lined up by 2023

Currently 68% of existing cold storage capacity is used for potato and yet farmers aren't getting the right price. The situation in other commodities no better