With the government’s initiatives to make India self-reliant in the area of EV mobility, the company has taken a step ahead to support the government’s Make in India campaign New Delhi: Homegrown brand Detel on Monday said it plans to raise Rs 150 crore by the end of this year to drive in new electric vehicles. The […]
Matter bets on Indian EV market, targets USD 1 bn turnover by 2025
New Delhi: Bullish on the growth of electric vehicles (EV) market in India, EV and energy storage technology startup, Matter expects to clock a turnover of USD 1 billion (over Rs 7,250 crore) by 2025, according to a top company official. The Ahmedabad-based company, which has so far invested USD 3 million (over Rs 20 […]
NTPC inks pact to buy GAIL’s 25.51 per cent stake in RGPPL
NEW DELHI: State-owned NTPC on Tuesday said it has signed a share purchase agreement to buy GAIL’s 25.51 per cent stake in Ratnagiri Gas and Power Pvt Ltd (RGPPL), which is commonly known as Dabhol project. After the transaction is complete, NTPC would have 86.49 per cent stake in the RGPPL. Earlier in January, the […]
Delhi Metro’s ambitious goal of solar power generation: An overview
Setting an amitious goal, the Delhi Metro Rail Corporation (DMRC) is planning to meet all its energy requirements from clean solar energy. New Delhi: Setting an amitious goal, the Delhi Metro Rail Corporation (DMRC) is planning to meet all its energy requirements from clean solar energy. Speaking to IANS, Anuj Dayal, Executive Director (corporate communications), […]
TERI, POSOCO sign MoU to encourage research in domestic power sector
The Energy and Resources Institute on Monday signed an MoU with Power System Operation Corporation (POSOCO) to encourage research in the domestic power sector. The Memorandum of Understanding (MoU) between them was signed in its office here, The Energy and Resources Institute (TERI) said in a statement. According to the statement, “The two have agreed […]
AICTE – DIYguru MOU to provide jobs to one million Electric Vehicle workforce by 2025
New Delhi: The Ministry of Education, in association with the All India Council for Technical Education, has launched the National Educational Alliance for Technology (NEAT 2.0) DIYguru, an E-Mobility upskilling edtech platform based in Delhi with corporate clients like Bosch, Hyundai, Maruti has signed an MOU with AICTE to engage students from Engineering Colleges in […]
Renewable energy rebounds to pre-COVID-19 levels in Q3 FY21; signals economic recovery: CEEW-CEF
New Delhi: India’s renewable energy (RE) sector rebounded to the pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, according to the latest edition of the quarterly CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook released today. Signalling an economic recovery, the peak power and energy demand consistently surpassed all months of Q3 […]
Electric vehicles usage should be made mandatory for all govt officials: Gadkari
Gadkari suggested that use of electric vehicles should be made mandatory for all government officials New Delhi: Transport Minister Nitin Gadkari on Friday made a case for making it mandatory to use electric vehicles for all officials in government ministries and department. He also suggested that government should give subsidy to buy electric cooking appliances […]
Roshan Energy signs MOU with US firm for Lithium battery production
New Delhi: Roshan Energy Technologies Pvt. Ltd. (“Roshan”), is pleased to announce that it is entering into a partnership with Barrel Energy Inc. (“Barrel”)(OTC: BRLL) – the USA, to promote green energy solutions, including Lithium batteries development. As part of this partnership, Roshan Energy Technologies will collaborate with Barrel to establish Lithium-Ion battery manufacturing units in […]
PGCIL wins two transmission projects under tariff-based competitive bidding
The Letter of Intent (LoI) dated February 16, 2021 has been issued to PGCIL for establishment of 765kV D/C Transmission line and associated substation extension works in Rajasthan and Uttar Pradesh New Delhi: State-run Power Grid Corporation on Wednesday said it has bagged two electricity transmission projects under tariff-based competitive bidding norms. “Power Grid Corporation […]