HPX crossed 1 BUs mark in 171 days and took just another 173 days for the next 4 BUs HPX has achieved this milestone within 11 months of its commencement of operations New Delhi : Hindustan Power Exchange Ltd. (HPX), India’s fastest & most advanced power exchange has successfully crossed the milestone of 5 Billion […]
SMEV seeks Rs 3k cr rehabilitation fund to revive ops of electric two-wheeler makers – EQ Mag
New Delhi : Society of Manufacturers of Electric Vehicles (SMEV) has asked the government to create a Rs 3,000 crore fund to revive and sustain operations of OEMs which have been badly affected by the recent FAME subsidy blocks. In a letter to the Finance Minister, the industy body has noted that the total amount […]
DFC aims to promote inclusive financing for EV adoption across India with its $5 million investment in Revfin – EQ Mag
Revfin plans to utilize the funds for new products and expansion to new geographies. New Delhi : Revfin Services Private Limited, a pioneer and leader in the Indian EV Financing space has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s Portfolio for Impact and Innovation […]
New Delhi agrees to power transmission from Nepal to Bangladesh through India – EQ Mag
New Delhi : In a significant move, India on Thursday agreed to allow Nepal to sell power to Bangladesh using the Indian transmission network under a trilateral arrangement, in a move that is seen as significant for greater regional cooperation. The Indian side conveyed its decision to Nepal during talks between Prime Minister Narendra Modi […]
Long way to go before public EV charging stations reach millions – EQ Mag
India had 2,700 public charging stations and 5,500 charging connectors at the end of 2022. The country is likely to have 10,000 public charging stations by the end of 2025. NEW DELHI : India is making progress in building its electric vehicle (EV) charging infrastructure in order to phase out diesel vehicles in a stipulated […]
New Delhi to get more EV charging stations, some with battery swapping facilities – EQ Mag
New Delhi : The NDMC is planning to increase the number of EV charging stations in Lutyens’ Delhi and even provide battery swapping facilities at some of these points, a senior official said on Wednesday. With Delhi being among the most polluted capitals in the world, the New Delhi Municipal Council (NDMC) has been making […]
Public Sector Oil Companies Yet To Get $300-400 Million Dividend From Russian Projects – EQ Mag
The issue in payments of dividend to Indian companies arises due to the unavailability of banking channels after Russia was removed from the SWIFT global payment system by the US. New Delhi : Government-owned oil companies are yet to receive dividends worth $300 million to $400 million from Russia since the Ukraine crisis began in […]
Electric Vehicle Policies of States Leave Much To Be Desired: Report – EQ Mag
Ensuring longer-term policies and monitoring mechanisms for implementation are some gaps that states need to focus on, the report suggests. New Delhi: The electric vehicle (EV) policies of state governments will need better implementation mechanisms for real on-ground impact, according to a report released on February 16. The report, published by Climate Trends, analysed the […]
