The renewable energy venture comes close on the heels of EGFL investing in hydrogen power in the UK and coal gas in India New Delhi: Ruia-family run Essar Power Ltd will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore, CEO Kush Singh […]
Gahlot asks commercial vehicle owners to convert half of their fleet to electric
New Delhi : Delhi Transport minister Kailash Gahlot on Sunday urged commercial vehicle owners to convert half of their fleet to electric by 2023, saying a five per cent interest subvention scheme will be soon launched for them. The Delhi government is working on a plan to allow electric goods carriers to ply on city […]
India can increase renewable target of 2030: Researchers
Researchers at UC Santa Barbara have just released a study that demonstrates why India should double down on renewables. New Delhi: The study examines electricity and carbon mitigation costs associated with achieving aggressive renewable energy targets in India’s electricity grid in 2030, and finds that wind-majority or balanced wind-solar targets have the most cost-effective potential […]
India will have to leapfrog every major economy to reach net zero by 2050
Top Indian officials are discussing whether to set a goal of reaching net-zero greenhouse gas emissions by 2050, yet little analytical work has been done on just what the country will have to do to meet that target. NEW DELHI: Top Indian officials are discussing whether to set a goal of reaching net-zero greenhouse gas […]
India to launch supercharged push for global electric vehicle players
The new automotive sector scheme, however, has been under discussion since mid-2020 to provide a more focused approach NEW DELHI: India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract $14 billion of investment over five years, according to industry sources […]
Delhi govt will offer interest subvention of 5 per cent for EV policy: Gahlot
Transport Minister Kailash Gahlot on Sunday said that the Delhi government will soon introduce interest subvention of up to 5 per cent in purchase of electric-run vehicles in the city. New Delhi: Transport Minister Kailash Gahlot on Sunday said that the Delhi government will soon introduce interest subvention of up to 5 per cent in […]
World may see peak of petrol, diesel demand by 2035 but not India: Petroleum ministry official
Fuel demand in years to come will be impacted by factors such as the availability of substitute fuels, the advent of electric vehicles (EVs) and the development of renewable fuels. New Delhi: The world is likely to see peak demand for petrol by the late 2020s and for diesel by 2035, but auto fuels will […]
UK minister’s India visit focuses on joint efforts on climate change
Lord Tariq Ahmad said science and technology partnerships between the UK and India are already playing a vital role to tackle the most pressing global challenges. New Delhi: The UK and India are working to expand research and collaboration links to tackle climate change, Britain’s South Asia minister said on Saturday as he concluded a […]
India in process of setting up national bank for funding infrastructure investments: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that India has committed budgetary resources for resilient infrastructure and it is in the process of setting up a national bank for funding infrastructure investments. She was speaking at a virtual session organised by Coalition of Disaster Resilient Infrastructure (CDRI) in New Delhi. Ms Sitharaman cited three concrete steps […]
SUN Mobility, Zyngo join hands to offer seamless last mile delivery
In a live event, the two companies formally announced their partnership and operations in the city of Gurugram. New Delhi: Electric mobility solutions provider SUN Mobility on Friday said it has tied up with last mile delivery firm Zyngo. As part of the association, Zyngo’s fleet of e-loaders/carriers will utilise SUN Mobility’s services through the […]