Railways Minister Ashwini Vaishnaw provided a notable update on Thursday regarding the Mumbai-Ahmedabad Bullet Train project. The minister disclosed that significant strides have been made in India’s first ballastless track for the Bullet Train, boasting a speed threshold of 320 kmph. As per Vaishnaw, 153 km of viaduct and 295.5 km of pier work have […]
Day: March 30, 2024
Adani debuts in metal industry as Mundra’s copper unit begins operations, co to invest $1.2 billion in first phase
Adani Enterprises’ subsidiary Kutch Copper on Thursday commenced operations through the first unit of its greenfield copper refinery project at Mundra, the company said in a stock exchange filing. Marking the Adani Portfolio’s debut in the metal industry, the company will invest nearly $1.2 billion to set up a a copper smelter with 0.5 MTPA […]
India set to send teams to Chile seeking lithium and copper assets, report says
India will send two delegations next month to Chile to scout for lithium and copper resources, a government source said, as rapid economic expansion and New Delhi’s efforts to speed up the energy transition stoke demand for critical minerals. Chile is a key target as it is the world’s biggest supplier of copper and the […]
Centre annuls auction of 13 critical mineral blocks
NEW DELHI: The Centre has cancelled auction for 13 of 20 blocks on offer in the first round of critical mineral bids following tepid response. Out of the 13 mines, two got no bids and 11 attracted less than three bids each. “It has been decided to return the bid security to bidders for 11 […]
EVs cross adoption tipping point in 31 nations
NEW YORK: New technologies have a tendency to blindside. When colour TVs were introduced in the 1950s, for example, they seemed like a flop. The devices were expensive, programming was scarce, and after a decade on the market few homes had one. Then suddenly prices dropped, a ratings war ensued, and in just a few […]
All about Doodle, the made-in-India electric cycle which MS Dhoni was riding in viral video
Former Indian cricket team captain MS Dhoni, a known car and bike enthusiast, has once again caught the attention of social media users. This time, the Chennai Super Kings player was seen riding a Doodle V3, an electric bicycle made in India. A video of Dhoni on the e-bike has garnered over 1.7 million views […]
Ather Rizta pre-bookings open ahead of its launch on April 6
Bengaluru-based electric vehicle (EV) manufacturer Ather Energy has started the prebooking of its upcoming electric scooter, the Rizta. You can prebook it by paying a token amount of just Rs 999 through Ather’s website. Ather will launch the Rizta on April 6th. The Ather Rizta is touted as the first family scooter of the EV […]
With China EV launch, Xiaomi’s ‘Thor’ takes on Elon Musk
He was called China’s answer to Steve Jobs for taking Xiaomi from scrappy startup to an electronics giant known for its smartphones. With the launch of a much-hyped and against-the-odds electric car, Lei Jun, Xiaomi’s co-founder and CEO, is taking on Elon Musk with a strategy that takes a page from Tesla’s playbook.
March could see the electric bike rally swelling to a record
Mumbai: Electric two-wheeler registrations in India are set for a record high in March, topping 100,000 units for the second time in less than a year, as the rush to buy before a possible price increases. Vehicle registration count is a proxy for retail sales. It touched 111,964 units for electric two-wheelers on March 29 […]
Adani Green Energy begins operation of 775 MW solar projects in Gujarat
Adani Green Energy on Friday announced the beginning of the operation of its 775 megawatt solar power projects in Khavda, Gujarat. The capacities have been operationalised after securing relevant clearances, Adani Green Energy Ltd (AGEL) said in an exchange filing. Adani Green Energy through its various wholly-owned stepdown subsidiaries has operationalised an aggregate 775 MW […]
Chennai refinery expansion cost goes up over Rs 3,600 crore
State-owned Indian Oil Corporation (IOC) on Thursday said it will raise its stake in the joint venture building a 9 million tonnes refinery at Chennai to 75 per cent after the cost to the project escalated by over 12 per cent. Originally, IOC and its subsidiary Chennai Petroleum Corporation Ltd (CPCL) were to hold a […]
Coal India achieves 610.8-MT supply to power sector, tops annual target
Coal India Ltd (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27, a company official said. “This marks the highest coal supply till date to the power sector,” he said. CIL’s coal supply to the sector rose by 29.3 million tonnes in […]