Adani Green on Wednesday said that its Board of Directors has approved the execution of a binding term sheet with TotalEnergies SE, pursuant to which Total will invest $300 million to form a new 50:50 Joint Venture Company. “We hereby inform that the Board of Directors of Company has in its meeting held on September […]
Category: Power
Power
India to burn 40% more coal with new plans for thermal power
Going by power minister RK Singh’s announcement that India will add another 25-30 giga watt (GW) thermal power on top of 49 GW coal-based units under construction, the country is set to burn 292 million tonne (MT) more coal annually on completion of these projects. About 3.5-4 MT of coal is used to generate 1,000 […]
Wabag ties up with Al Jomaih Energy for PPP projects in West Asia as EPC partner
VA Tech Wabag (Wabag), the Chennai-based public-listed pure-play water technology company, has entered into a memorandum of understanding (MoU) with Al Jomaih Energy and Water (AEW), a leading developer of energy and water projects in West Asia, under which both Wabag and AEW will cooperate on various aspects, including engineering, procurement, and construction (EPC), project […]
UK firm secures lucrative order to supply Indian solar facility in Gujarat’s Mundra
A small cleantech firm in south-east England has secured a GBP 4 million order to supply its technology to a projected 2.0-gigawatt solar facility in Mundra, Gujarat, according to a top company official.Gas Recovery and Recycle Limited (GR2L), an MSME (micro small and medium enterprise) business in Surrey, claims to have developed, patented and exported […]
2023 Tata Nexon EV facelift bookings commence: All you need to know
Tata Motors officially unveiled the new Nexon EV a couple of days back. The electric SUV is based on the facelifted version of its ICE-powered sibling with a similar design and features. The company has started accepting bookings for the Nexon EV facelift through its official website for a token amount of Rs 21,000. Prices […]
Tata Power-DDL ties up with Utiltyx for cyber security, seamless power supply
Tata Power Delhi Distribution on Tuesday announced a strategic partnership with Utiltyx, the Indian arm of a USA-based cyber security and data analytics software company. “The partnership aims to enhance the company’s preparedness against future threats and challenges related to cyber security,” the company, which provides electricity to over 7 million users in Delhi, said […]
Sterlite Power net profit rises 30 pc to Rs 322 cr in 2022-23
Sterlite Power on Tuesday reported over 30 per cent rise in its standalone net profit to Rs 322.01 crore for 2022-23, mainly on the back of higher revenues.The company’s standalone net profit was Rs 246.57 crore in the preceding fiscal ended March 2022, a company statement said.Its revenue from operations rose to Rs 3,923.51 crore […]
Goldi Solar, Desert Technologies of Saudi Arabia sign pact to explore green energy investments
Gujarat-based Goldi Solar has signed an agreement with Saudi Arabia-based Desert Technologies to explore investment opportunities in the green energy space, its MD Ishver Dholakiya said. Goldi Solar said in a statement that as per the Memorandum of Understanding (MoU), it will offer technologies to develop green projects. “As part of the agreement, the entities […]
Fall in hydro power, record demand lead to big shortage
Hydro power generation fell by more than 6% in August and nearly 9% in the first five months this fiscal leading to peak power demand shortages during the non-solar hours, as per the data from Central Electricity Authority (CEA). “As the rainfall has not been up to the mark, hydro power generation is down as […]
Oben Electric launches first experience centre in India
Oben Electric has opened its first company-owned experience centre in HSR Layout, Bengaluru. The Oben Electric Experience Centre features a 3000 sq. ft. area dedicated to showcasing Oben’s flagship electric motorcycle, the Oben Rorr. The inauguration of the experience centre took place on Thursday, 31st August 2023, and the doors were opened to customers shortly […]
Tata Punch EV launch expected in October: What to expect?
Tata Motors is gradually expanding its electric vehicle (EV) lineup in India. The carmaker recently unveiled its new brand identity for its EV vertical called Tata.ev. According to a recent teaser on social media, the first launch under this new brand identity will be the new Nexon EV, slated to make its debut on September […]
Tata Power Renewable Energy signs PDA with Neosym to set up 26 MW captive solar plant
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Ltd, said that it has signed a Power Delivery Agreement (PDA) with Neosym Industry Ltd (Neosym). The agreement, it added, is for a 26 megawatt (MW) AC group captive solar plant. The project, located at Jamkhed, Ahmednagar in Maharashtra with an anticipated […]