Mumbai : EV maker HOP Electric Mobility on Tuesday launched two new scooter models and said it plans to roll out five vehicles, including an e-bike, by the end of this fiscal year. The company said it is also looking to set up charging stations, starting from Jaipur and further expanding them to other parts […]
Sterling and Wilson Solar Limited Appoints Amit Jain as Global CEO
Mumbai : Indian multinational and global leader in Solar EPC, Sterling and Wilson Solar Limited (SWSL / Company) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has announced the appointment of Mr. Amit Jain as Global CEO. He succeeds Mr. Bikesh Ogra, who relinquished the position with effect from 31st May 2021. Mr. Ogra will continue […]
Tata Power Switches to Smart Meters in Mumbai
MUMBAI: To ensure transparency on energy consumption patterns and billing for its customers, Tata Power is installing smart meters in Mumbai. The company has already installed over 7,000 smart meters. With the installation of smart meters, Tata Power has also enabled its customers with valuable data analytics tools. Customers can now view and optimize their […]
PFS sanctions fresh loans of Rs 2,329 crore in Q4
Mumbai (Maharashtra) : PTC India Financial Services (PFS) said on Thursday it sanctioned fresh loans of Rs 2,329 crore and disbursements of Rs 1,331 crore during the quarter ended March. Provision coverage ratio increased to 62 per cent in Q4 FY21 compared to 49 per cent in Q3 FY21. The company’s net interest income for […]
Business Briefs Tata Power Corporate Customers Switch to Green Energy Sources
Business Briefs Tata Power Corporate Customers Switch to Green Energy Sources. Tata Power on Monday said 37 of its corporate customers in the financial capital have opted to switch to 100 per cent ‘green power’ sources like renewable energy after a regulatory nod to offer such services earlier this year. Mumbai : Tata Power on […]
Adani Electricity Offers Green Tariff Initiative For Consumers in Mumbai
New Delhi [India] : To enable all consumers to achieve their targets and aspirations for renewable energy along with flexibility, Adani Electricity Mumbai Limited (AEML), a leading power distribution utility, is offering a Green Tariff Initiative for its consumers in Mumbai suburban area. As per the company’s official release, all consumers right from corporates, industrial, […]
Cardiologist Kiran Patel Funds Magenta EV With $15M Series A Round
Kiran and Pallavi Patel at the 15th International Indian Film Academy Awards in Tampa, Florida, on April 26, 2014. Indian American serial entrepreneur, philanthropist and cardiologist Dr. Kiran C. Patel has committed over $15 million to Mumbai-based electrical vehicle charging solutions company Magenta EV Solutions as the company announced its Series A round of funding, […]
MoEVing Partners Hero Electric to Accelerate Affordable EV Adoption
The two partners aim to work together to increase adoption of EVs via new demand and also focus on existing ICE vehicles to convert to EVs, it added. Mumbai: Electric fleet startup MoEVing has partnered with Hero Electric to accelerate the adoption of the affordable electric vehicle, with plans to convert one-lakh internal combustion engine-run […]
JinkoSolar Awarded the Best HR Strategy of the Year
Mumbai : JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has been awarded the Best HR Strategy of the Year at the Energy HR Summit India 2021 commending JinkoSolar’s outstanding HR performance during these challenging times. […]
Mumbai: BEST to Purchase 400Mw Green Energy at Rs 2.48 Per Unit
Power experts claim that this procurement of electricity from renewable sources will ensure cheaper power to BEST’s 10.50 lakh consumers. The Brihanmumbai Electricity Supply and Transport (BEST) will turn green, and it is not about the buses. For the first time, the undertaking will purchase 400Mw of renewable energy through wind and solar for which […]