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BSES Rajdhani partners with Sheru to launch India’s first Vehicle-to-Grid Station – EQ Mag

NEW DELHI : BSES Rajdhani Power Limited (BRPL) has partnered with energy software company Sheru to introduce India’s first vehicle-to-grid station. The station will provide swappable batteries for electric vehicles while also relieving pressure on power demand and fortifying the power grid. The collaboration aims to contribute to decarbonization efforts while enabling the transition to […]

Sterlite Copper to source hybrid renewable power from Serentica Renewables – EQ Mag

It is financed on a 70:30 debt-to-equity basis, with Sterlite Copper holding a 26% equity share in the special purpose vehicle (SPV). Sterlite Copper, a subsidiary of Vedanta, has signed a 25-year power delivery agreement (PDA) with Serentica Renewables India Pvt (SRIPL) to source 16 MW of hybrid renewable power for its Silvassa-based copper operations. […]

Rajiv Jain-led GQG raises stake in Adani Group by 10 per cent in $3.5 billion bet – EQ Mag

GQG Partners LLC, led by veteran investor Rajiv Jain, has increased its stake in billionaire Gautam Adani’s conglomerate by approximately 10 per cent and expressed interest in participating in the conglomerate’s future fundraising campaigns. Jain considers Adani Group to possess the best infrastructure assets available in India and aims to become one of the largest […]

REE Automotive partners with Japanese KYB to develop next-gen EV platform – EQ Mag

REE Automotive and KYB Corporation, a suspension manufacturer, have together announced a new strategic partnership to gear up for the future of motoring. Japanese suspension manufacturer KYB Corporation and REE Automotive have announced a new strategic partnership to gear up for the future of motoring. The new partnership is supposed to help both companies develop […]