The first tranche of offshore minerals auctions is likely to kick off by June-July this year, Union Minister Pralhad Joshi said. A total of 10 offshore mineral blocks have been short-listed by the mines ministry, and inter-ministerial consultations are underway to seek necessary clearances for auctions at the earliest, the Minister for Coal and Mines […]
Day: March 4, 2024
Ola Electric tops list of EV patents in India, TVS at 2nd place
IPO-bound Ola Electric has emerged as the leading patent publisher in the country for the 2022-23 period. According to data from Intellectual Property India, Ola Electric has published 205 patents in the EV and EV-related technologies space, surpassing its competitors. TVS follows in second place with 156 published patents, while Suzuki, Honda, and BYD hold […]
Wardwizard looks to expand operations to cater to domestic, international markets
New Delhi: Electric vehicle maker Wardwizard Innovations & Mobility is planning to expand operations as it looks to cater to enhanced demand in both domestic and international markets, Chairman and Managing Director Yatin Gupte said. The Vadodara-based company is setting up a new assembly plant in Sharjah in the UAE to cater to African markets, […]
View: There’s a gold rush brewing in green hydrogen, it needs to show results soon
Think of an iconic image of the petroleum age, and you may well be picturing a fountain of crude spouting hundreds of feet into the air, scattering thousands of barrels around a smashed drilling derrick. From Spindletop — the Texan oilfield whose 1901 blowout kickstarted the oil era and sparked nearby Houston’s transformation into one […]
EQT-Temasek to sell green venture O2 Power
Mumbai: Two global investment giants EQT Capital and Temasek have decided to sell renewable energy platform O2 Power, aiming to monetise their five-year-old investment, according to people aware of the matter. Barclays has been appointed to initiate a formal sale process. Approaches will be made to global infrastructure funds and energy companies. This comes as […]
Rooftop solar installations rise 6.25 pc to 1.7 GW in 2023: Mercom
Rooftop solar capacity addition saw a 6.25 per cent growth to 1.7 gigawatt in 2023, supported by various factors like reduced installation cost, according to Mercom Capital. The rooftop capacity addition was at 1.6 gigawatt (GW) in 2022, the US-based research firm said in its latest report. In October-December 2023, 406 megawatts (MW) of rooftop […]
OPEC+ members extend oil output cuts to second quarter
OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts into the second quarter, sources said, giving extra support to the market amid concerns over global economic growth. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC)), said it would extend its […]
SJVN Green Energy bags 200 MW solar project
State-owned power producer SJVN Ltd on Sunday said its arm SJVN Green Energy has bagged a 200 MW solar project in an e-Reverse Auction conducted by Gujarat Urja Vikas Nigam. This project is to be developed by SJVN Green Energy on a build-own-and-operate basis at the tentative development cost of Rs 1,100 crore, a company […]
Kolkata Metro: PM Modi to inaugurate Howrah Maidan-Esplanade, two other sections next week
Prime Minister Narendra Modi is set to inaugurate the long-awaited Howrah Maidan-Esplanade section of the Kolkata Metro next week, according to a government release issued on Sunday (March 10). The release also stated that PM Modi will inaugurate the Kavi Subhash-Hemanta Mukhopadhyay and the Taratala-Majerhat metro sections during his visit. Howrah Maidan-Esplanade section The inauguration […]
Pune Metro Update: Ruby Hall to Ramwadi stretch likely to be inaugurated next week – Check route, stations and more
Pune Metro is gearing up to unveil the long-awaited Line 2 from Ruby Hall to Ramwadi next week. The Commissioner of Metro Railway Safety granted conditional permission for passenger services on the Ruby Hall to Ramwadi stretch over a week ago, following its completion. Commuters have expressed eagerness for the stretch to be opened promptly […]
Andhra train collision: Driver, assistant driver were watching cricket on phone, says Ashwini Vaishnaw as he discusses Indian Railways’ safety measures
Railway Minister Ashwini Vaishnaw while discussing the latest safety measures being taken up by the Indian Railways, referred to the October 2023 Andhra train collision, on Saturday. Talking about the incident, the Railway Minister revealed that the driver and the assistant driver of one of the two passenger trains that collided were watching a cricket […]
Ashwini Vaishnaw lists out transformational initiatives taken by Indian Railways in the last 10 years – Here’s what he said
Railway Minister Ashwini Vaishnaw on Saturday (March 2) listed out the transformational initiatives taken by the Railways in the last 10 years of the Narendra Modi government. Vaishnaw said that the construction of the world’s highest railway bridge – the Chenab bridge, and the development of the first under-river water tunnel for the Kolkata metro […]