Customer adoption of electric vehicles across markets including India has lagged initial expectations, said Sagree Sardien, Head of Region Overseas, Mercedes Benz AG, echoing views of other global automakers who have scaled back aggressive EV investments amid slower-than-expected growth. Speaking to ET, Sardien said the German automaker is monitoring customer preferences continuously to ease the […]
Day: March 6, 2024
JSW Energy arm inks battery energy storage purchase pact
JSW Energy on Tuesday said its arm JSW Renew Energy Five has inked a battery energy storage purchase agreement (BESPA) for the first 250 MW/500 MWh standalone battery energy storage system. An energy storage system of 250 MW/500 MW means 250 MW of battery energy can provide power backup for two hours, giving a total […]
Uttar Pradesh Cabinet approves green hydrogen policy, setting up 800 MW thermal power units
The Uttar Pradesh government on Tuesday approved a green hydrogen policy, and a proposal for setting up two units of 800 MW in Anpara in collaboration with NTPC at a cost of Rs 8,624 crore. The decisions were taken at a Cabinet meeting presided by Chief Minister Yogi Adityanath. “So far, hydrogen production technology has […]
NHPC to set up 1200 MW solar park project in UP at Rs 797 crore investment
State-owned NHPC expects to complete the proposed 1,200 MW solar power project entailing an investment of Rs 796.96 crore in Uttar Pradesh in two years, the company said on Tuesday. Prime Minister Narendra Modi on Monday laid the foundation stone of the solar project through virtual mode. NHPC in an exchange filing stated that the […]
Continue blending of 6 pc imported coal till June: Power Min to power plants
The power ministry has asked domestic coal-based thermal power plants to continue blending six per cent of imported coal until June 2024 amid the projection of an all-time high peak power demand of 250 GW in summer. In a direction issued in October 2023, the power ministry had asked all thermal power plants to continue […]
India extends mandate for utilities to import 6% of coal needs until June
The Indian government has extended the mandate for the country’s power producers to import 6% of their coal requirements until June, despite adequate domestic availability, amid transport constraints and higher electricity demand, a power ministry note said on Tuesday. India last year had asked utilities to import 6% of their coal requirements until March due […]
Indian firms look to bet big on coal-fired power after long absence
Private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector. Adani Power, JSW Group and Essar Power are among the companies that have told India’s power ministry […]
PM Modi to inaugurate India’s first underwater metro in Kolkata today
Prime Minister Narendra Modi will inaugurate the Howrah Maidan-Esplanade section of Kolkata Metro’s East-West corridor on Wednesday, heralding India’s first venture into underwater metro services, which is deemed as an engineering marvel. The Howrah Maidan-Esplanade section, a groundbreaking addition to the metropolis’ transportation network and touted to be the first transportation tunnel “under any mighty […]
PM Modi to inaugurate country’s first underwater metro in Kolkata on Mar 6
Prime Minister Narendra Modi is set to inaugurate India’s first under-river metro tunnel built in Kolkata on Wednesday. In a monumental development set to transform urban transportation, PM Modi is slated to inaugurate several key metro and rapid transit projects across countries, marking a significant stride towards enhancing urban mobility and connectivity. The Kolkata Metro […]
Patna’s Vande Bharat train network to expand to Lucknow and Siligudi
The network of Vande Bharat trains is expanding across the country and now two new Vande Bharat trains are going to start working from Patna, connecting the capital city to Lucknow via Ayodhya. The second train will connect Patna to Siligudi. The timetable hasn’t been decided yet for the train to Lucknow via Ayodhya, but […]
India’s coal output reaches 881 MT in Apr-Feb, likely to hit target
India produced 880.72 million tonne (MT) of coal in April-February this fiscal and is now just 119.28 MT away from its 1 billion tonne coal production target for FY24. In 2022-23, India’s total coal output was 893 million tonnes (MT). For the ongoing 2023-24 fiscal, the government has a target to produce 1 billion tonne […]
Continue importing 6% of coal needs till June, govt tells gencos
The government has directed all the power producers to continue importing 6% of their coal requirements until June 2024, as it expects power demand to hit a new high this summer. The weatherman too has forecast a “harsh” summer. A notification to extend this mandate was issued by the Union power ministry on March 4. […]