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 […]
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 […]
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 […]
RIL May Go Big in its New Energy Business Amid Climate Concerns
As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries (RIL) plans to give a major push to its new energy and new materials business. New Delhi: As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries […]
Suzlon Energy Appoints Himanshu Mody as Chief Financial Officer
Himanshu, who holds MSC in Finance from University of Strathclyde, Scotland, UK, brings to fore over 22 years of experience in the fields of finance and strategy New Delhi: Suzlon Energy on Saturday said Himanshu Mody is appointed as its new Chief Financial Office from August 1, 2021. “Himanshu Mody has been appointed as the […]
Power Consumption Sees 8.2 pc Growth in May Amid Slow Recovery in Commercial, Industrial Demand
Moreover, the two cyclones that hit the east and west coast of the country in May resulted in power outages and lesser consumption due to rains in different areas of the country during peak summer season, they said. New Delhi: Power consumption in the country witnessed an 8.2 per cent year-on-year growth in May at […]
IREDA Registers Record Profit in Covid Year PBT Jumps by 136%
Public Sector Indian Renewable Energy Development Agency (IREDA) under Ministry of New and Renewable Energy reported an all-time high annual Profit Before Tax (PBT) of 570 crore rupees in the financial year 2020-21 that was severely affected by Covid 19 Pandemic. The PBT of the company was Rs. 241 crores during FY 2019-20. The company […]
MG Motor Ties Up With Attero to Recycle Batteries of Electric Vehicles
In 2020, MG Motor had announced its partnership with Umicore for the safe disposal of batteries, and Exicom Tele-Systems and Tata Power for second-life use of lithium-ion batteries for non-automotive purposes. The collaboration with Attero, an electronic asset management company, will help MG Motor effectively recycle the lithium-ion batteries fitted in its present and upcoming […]
Mahindra Lines Up Rs 17,000 Cr to Steer Growth Over Next Three Years
New Delhi : Mahindra & Mahindra is planning to deploy Rs 17,000 crore over the next three years, including capex on new models and investments in group companies besides its auto and farm sector businesses, a top company official said on Friday. The company plans to launch total 23 models in passenger vehicles segment and […]
Convert 300 Mn on-Road Vehicles to Ones Running on Clean Fuels for Tangible Air Quality Impact: IAC
New Delhi : An estimated 300 million vehicles currently run on polluting liquid fuels in India, contributing to its status as home to 22 of the world”s 30-most polluted cities, the Indian Auto LPG Coalition said on Wednesday stressing that these need to be converted to the ones running on clean fuels, for any tangible […]