Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

KP Group's renewable energy fuels Greenlab Diamond’s 7.5-carat diamond

28 june 2023

KPI Green Energy, a subsidiary of KP Group, the leading player in the renewable energy sector, played a vital role in the creation of a 7.5-carat lab-grown diamond that Prime Minister Narendra Modi gifted to US First Lady Jill Biden during his recent state visit to the US.

The diamond, produced by Surat-based Greenlab Diamonds LLP, the world’s largest producer of lab-grown diamonds, was meticulously crafted in a factory in Surat using a process that replicates the natural formation of diamonds beneath the Earth’s surface. The entire production of this lab-grown diamond was powered by environmentally friendly solar and wind power.

KPI Green Energy fulfilled the electricity requirements for Greenlab Diamonds by establishing solar and wind power plants. KPI Green Energy has set up a 25 MW solar power plant in Samoj village of Bharuch, as well as a 9.4 MW hybrid wind power plant in Kora village of Bharuch to cater to the energy needs of Greenlab Diamonds.

Dr Faruk G. Patel, Chairman and Managing Director of KP Group, said, “We are immensely proud to have played a part in the creation of this exceptional lab-grown diamond by powering the Surat factory where it was created with green energy. The project showcases the successful integration of green power and cutting-edge technology, and is a big step towards a future powered by clean energy.”

Mukesh Patel, Director of Greenlab, said, “The creation of this lab-grown diamond or green diamond not only employed eco-friendly practices but also symbolises India’s commitment to transition towards green and renewable energy, a goal championed by Prime Minister Modi himself. It took over 1.5 months to develop the extraordinary green diamond with Chemical Vapour Deposition (CVD) technology. We are committed to crafting diamonds that make a difference by harvesting sustainable luxury that nurtures people and the environment.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished