Government has approved Phase-II of FAME Scheme with an outlay of Rs. 10,000 Crore for a period of 3 years commencing from 1st April 2019. Out of total budgetary support, about 86 percent of fund has been allocated for Demand Incentive so as to create demand for xEVs in the country. This phase aims to […]
Madhya Pradesh: Wind solar hybrid plant in Chhatarpur on anvil – EQ Mag
An officer of MP Urja Vikas Nigam said that project would come up in 1900 hectares at the cost Rs 6,000 crore. Bhopal (Madhya Pradesh) : A wind solar hybrid plant with storage facility is coming up in Chhattapur. Its technical assessment has been done and a Detailed Project Report has been prepared. On completion, […]
Mahindra To Invest 3,000 Crore Towards Electric Vehicle Business In Next Three Years
The company says this fresh investment of Rs. 3,000 crore will be used for multiple purposes, including the development of a new platform that can underpin several future products. Mahindra & Mahindra, the homegrown automaker plans to make investments of 3,000 crore for its electric vehicle business. According to a report from PTI, the Indian […]
Equis looks to sell its power platform in India Hydreq for Rs2,000 crore
Hydreq has a controlling stake in two hydroelectric plants in Sikkim Mumbai: Equis Pte. Ltd, an independent Asian infrastructure and real asset investment manager, is looking to sell its Indian hydroelectric power platform Hydreq, which owns and operates close to 200 megawatts (MW), two people aware of the development said. Hydreq owns a controlling stake […]
Larsen & Toubro Signs Agreements with Schneider Electric to Divest Electrical & Automation Business for ₹ 14,000 Crore
Larsen & Toubro Signs Agreements with Schneider Electric to Divest Electrical & Automation Business for ₹ 14,000 Crore For more information please see below link:
