Kakinda, Sept. 17 -- Kakinada SEZ Limited (KSEZ) on Thursday signed a Memorandum of Understanding (MoU) with Malaxmi Climate Resilience Platform Private Limited to establish climate-resilient technology projects across 20 acres within the Kakinada Special Economic Zone.
The first phase of the proposed development will focus on energy storage solutions and bio-energy pellet manufacturing facilities, the company said in a release here.
The MoU was signed by KSEZ Managing Director and CEO Ram Reddy Ojili and Malaxmi Climate Resilience Platform Chairman Harish CP Yarlagadda in the presence of officials.
The initiative is expected to strengthen Kakinada SEZ's focus on clean energy, sustainable manufacturing and climate-oriented industries, be...