At least three of the four top emitters of greenhouse gases — China, the EU and India — are expected to see faster progress towards a clean energy economy than they have set out in national plans or NDCs, according to a new analysis released on Monday, coinciding with the UN climate summit in Egypt. […]
Category: Power
Power
Power System Operation Corporation renamed to Grid Controller of India
India’s national grid operator ‘Power System Operation Corporation Ltd (POSOCO)’ on Monday announced that it has changed its name to ‘Grid Controller of India Ltd’. The name has been changed to reflect the critical role of grid operators in ensuring integrity, reliability, economy, resilience and sustainable operation of the Indian electricity grid, a statement said. […]
Tesla opens electric vehicle connector design to other automakers
Elon Musk-owned electric vehicle company Tesla has started to allow other automakers to use its EV connector design. The Tesla charging connector, which combines AC charging and up to 1 mega-watt of DC in a “slim package”, is the most well-known connector in North America, the company said in a blogpost. It is half the […]
Sembcorp acquires 100% stake in GIP-backed Vector Green for Rs 2,780 cr
Singapore-listed utility company Sembcorp Industries on Sunday said it will acquire clean energy platform Vector Green Energy for Rs 2,780 crore to expand its renewable energy footprint in India to 3 gigawatts (Gw). The portfolio includes 495 megawatt (MW) of solar capacity and 24MW of wind capacity in operation, with 64MW of solar projects under […]
Sembcorp to acquire Vector Green for Rs 2,780 cr, expand India presence
Sembcorp Industries will acquire Vector Green Energy for Rs 2,780 crore to expand its renewable energy footprint in India to 3 gigawatts (GW), the company said on Sunday. The completion of the acquisition will bring the Singapore-based group’s gross renewable energy capacity to 8.5 GW, closer to its 2025 target of 10 GW of gross […]
BHEL’s defence unit in Haridwar gets certificate to manufacture naval guns
The defence production unit of BHEL, Haridwar, has been given ‘Self Certification Status Certificate’ for manufacturing naval guns for the Indian Navy. The certificate was given to BHEL Managing Director Amit Gupta by Rear Admiral Sanjay Sharma, Additional Director General, Quality Assurance, said Acting Director of BHEL, Haridwar, Praveen Chandra Jha on Saturday. Jha congratulated […]
Hyundai to introduce global battery electric platform in India with Ioniq 5
Hyundai Motor India on Thursday said it will introduce its global dedicated battery electric vehicle platform in the country with its upcoming model Ioniq 5, slated to debut in the Auto Expo in January next year. The Ioniq 5 will be the company’s first model in the country based on the electric Global Modular Platform […]
How the Indian EV scooter market saw consolidation?
Vehicles with green registration plates are increasingly making their presence felt in the traffic, even without a sound and smoke-emitting silencer. The sale of electric two-wheelers was at an all-time high in October. Over 75,294 electric two-wheelers rolled out of showrooms and hit the Indian roads last month. Electric two-wheeler sales for the September quarter […]
AAI to encourage induction of electric vehicles at airports, develop infra
In line with the government’s vision of transitioning towards e-Mobility, thee Airports Authority of India (AAI) is endeavoring towards switching over to electric vehicles (EVs), encouraging airport service providers for inducting them, and developing charging infrastructure at airports. Initially, the AAI inducted 10 EVs for official use at its corporate and regional headquarters at New […]
Nitin Gadkari calls on Assam Governor, discusses infrastructure projects
Union Minister for Road Transport and Highways Nitin Gadkari on Thursday met Assam Governor Prof. Jagdish Mukhi at Raj Bhavan in Guwahati and discussed the infrastructure projects being undertaken across the state. During the meeting, the minister informed the Governor about his ministry’s plan of harnessing the Brahmaputra for transportation and promotion of business and […]
Adani to build power plants in SL, challenge China in support for Modi
A small group of fishermen ply the shallow coastal water along Pooneryn in northern Sri Lanka, an impoverished, remote area within striking distance of India’s southern tip. It’s where Gautam Adani — the Indian billionaire who is Asia’s richest man and has vaulted ahead of Jeff Bezos this year — plans to build renewable power […]
Adani Power inks pact to sell 100% stake in SPPL to ACX for Rs 1,556 cr
Adani Power on Thursday said that it has inked a pact to sell 100 per cent stake in Support Properties Private Ltd (SPPL) to AdaniConnex Private Ltd (ACX) at an enterprise value of Rs 1,556.5 crore. “Adani Power Ltd has entered into a Memorandum of Understanding (MoU) to sell its 100 per cent equity stake […]