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PLI Scheme to Help Reduce Cost of Electric Vehicles in Long Term

Analysts said this scheme would drive a substantial reduction in the cost of batteries, which would prove critical in driving electrification. PLI incentive coupled with expected decline in lithium prices, would lower the cost of lithium cells to below USD70/Kwh within the next 4–5 years New Delhi: The production linked incentive (PLI) scheme, announced by […]

Mahindra Finance Eyes Growth Frontiers in Digital, Electric Vehicle Leasing

CG Power Lines Up Rs 135 Crore Capital Expenditure in Current Financial Year

The capex plan would be utilised to improve production at its manufacturing facilities, CG Power and Industrial Solutions said in a statement. New Delhi: CG Power and Industrial Solutions, acquired by the Tube Investments of India group company of Murugappa Group last year, has chalked out capital expenditure plans of Rs 135 crore during the […]

Power Finance Corporation Logs Highest Ever Net Profit of Rs 8,444 Cr For FY 21, Up 49% On Y-o-Y Basis

Reliance Power Board Approves Preferential Issue of Shares, Warrants to Reliance Infra

This will reduce Reliance Power standalone debt by Rs 1 ,325 crore and along with planned debt reduction in subsidiaries, Reliance Power consolidated debt will reduce by Rs 3,200 crore in FY22.z New Delhi : The Board of Directors of Reliance Power Limited has approved preferential issue of up to 59.5 crore equity shares and […]

NHPC Signs Memorandum of Understanding With Bihar State Hydroelectric Power Corporation (BSHPC) For Implementation of 130.1 MW Dagmara HE Project

Tata Motors Incorporates Wholly-Owned Subsidiary

New Delhi : Tata Motors on Tuesday said it has incorporated a new subsidiary to provide end-to-end services of operating, repair, annual maintenance contracts (AMC) and fleet management services (FMS) for its product range, including electric vehicles. The new wholly-owned subsidiary has been christened as “TML CV Mobility Solutions Ltd,” Tata Motors said in a […]

Mahindra Finance Eyes Growth Frontiers in Digital, Electric Vehicle Leasing

NITI Aayog Releases Annual Plan For Gradual Rollout of E20 Ethanol

The NITI Aayog today released the annual plan for the gradual rollout of E20 ethanol in the country which will result into saving 30,000 crore of foreign exchange per year among other benefits. PM Modi on Saturday had said ethanol has become one of the major priorities of 21st century India and the country has […]

NHPC Signs Memorandum of Understanding With Bihar State Hydroelectric Power Corporation (BSHPC) For Implementation of 130.1 MW Dagmara HE Project

India’s Capacity For Renewable Energy Increased By Over 250 pc in 6-7 Years, Says PM Modi

New Delhi: Prime Minister Narendra Modi on Saturday said that India has set an example in the world when it comes to protecting the environment, adding that the country’s capacity for renewable energy has increased by more than 250 percent in 6-7 years. Addressing a virtual meeting on Word Environment Day, Prime Minister Narendra Modi […]

Hexagon’s R-evolution Launches Its Renewable Energy Project Portfolio With a Focus on Digitalising Solar Production

NHPC Signs Agreement With CESL to Get 25 EVs, 3 Fast Chargers

NHPC Ltd has signed e-mobility agreements with Convergence Energy Services for leasing of 25 electric vehicles New Delhi: State-run hydro power giant NHPC on Friday signed pacts with Convergence Energy Services Ltd (CESL) to procure 25 electric vehicles on lease and three fast EV chargers. NHPC Ltd has signed e-mobility agreements with Convergence Energy Services […]

Mahindra Finance Eyes Growth Frontiers in Digital, Electric Vehicle Leasing

Power Min Seeks Feedback on Market-Based Economic Despatch

The power ministry has circulated a discussion paper to seek stakeholders’ comments on Market-Based Economic Despatch (MBED). New Delhi :The power ministry has circulated a discussion paper to seek stakeholders’ comments on Market-Based Economic Despatch (MBED). This is a move toward competition in the power sector and to achieve the goal of One Nation, One […]

NHPC Signs Memorandum of Understanding With Bihar State Hydroelectric Power Corporation (BSHPC) For Implementation of 130.1 MW Dagmara HE Project

Prix Energy Commissions a 800 KW Solar Power Project at Udaipur

Prix Energy Commissions a 800 KW Solar Power Project at Udaipur, Rajasthan. Despite the problems due to COVID issue the team has done a very good work. About Prix Energy Prix Energy is an innovative solar company founded in 2016, with a vision to bring scientific rigor to the design and installation of solar mounting […]

NHPC Signs Memorandum of Understanding With Bihar State Hydroelectric Power Corporation (BSHPC) For Implementation of 130.1 MW Dagmara HE Project