“Our climate action endeavours saw us reduce our GHG emissions intensity at our largest aluminium smelter by around 12 per cent in FY22 over the previous fiscal, while increasing our production volumes by 20 per cent,” said Rahul Sharma, CEO of Vedanta Aluminium. On the occasion of World Environment Day, Vedanta Aluminium, India’s largest producer […]
We Plan to Expand Our Renewable Energy Mix Further: Rahul Sharma, CEO – Aluminium Business, Vedanta – EQ Mag Pro
He said the company is also looking to partner with extruders, downstream manufacturers catering to the solar industry. New Delhi: Vedanta Aluminium has plans to expand its renewable energy mix and is evaluating on-site generation and use of clean energy at their alumina refinery and smelter operations, Rahul Sharma, chief executive officer, Aluminium Business, Vedanta, […]
EV Maker Revolt Resumes Bookings of E-Bikes in 6 Cities
Mumbai : RattanIndia-invested electric vehicle maker Revolt on Wednesday announced the resumption of opening of bookings for its e-bikes in six cities from June 18. The Gurugram-based company in a statement also said it is advancing the delivery dates for the bookings made by customers which were earlier slated to be delivered in the latter […]
RattanIndia to acquire 43 per cent stake in Revolt for Rs 150 crore
RattanIndia Group will get 50 per cent of the board seats in Revolt and Rajiv Rattan will take over as the non-executive chairman of the company. Listed company Rattan India Enterprises is investing Rs 150 crore in electric motorcycle maker Revolt Intellicorp, founded by Micromax co-founder Rahul Sharma, for a 43 per cent stake in […]
Aluminium Association of India urges CERC to look into markets for renewable energy certificates
AAI vice-chairman Rahul Sharma said in an official statement that the association feels it is apparent that price of solar RECs in the last one year have shot up by more than 125 per cent from Rs 1000/MWhr to Rs 2250/MWhr The Aluminium Association of India (AAI) has urged the Central Electricity Regulatory Commission to […]
Aluminium industry demands price correction in REC to avoid burden on industry
This huge burden on the consumers is due to non- revision of REC prices since 2017 by the regulator, despite steep fall in RE generation costs, he said Bhubaneswar: The Aluminium Association of India (AAI) has urged the Central Electricity Regulatory Commission to immediately look into the skewed market of Renewable Energy Certificates (REC) which, […]
Micromax founder’s new startup launches AI-enabled electric motorcycle with a ringtone
Riders can simply charge the batteries by plugging them into any 15-ampere socket as the battery is portable and can be removed easily from the bike and replaced back after charge. Electric two-wheeler maker Revolt Intellicorp, founded by Micromax’s co-founder Rahul Sharma, unveiled its first artificial intelligence (AI) enabled electric motorcycle RV400, on Tuesday. To […]
