Zomato, on Tuesday, unveiled a new service, the “large order fleet,” to efficiently manage sizable orders for gatherings, parties, and events. Deepinder Goyal, the company’s CEO, shared the news on X (formerly Twitter), highlighting that this fleet comprises entirely of electric vehicles. Goyal emphasised that this new fleet is specifically crafted for gatherings accommodating up […]
Category: Power
Power
Juniper Green commissions 25.2 MW capacity of its 70 MW wind energy project
Delhi-NCR based Juniper Green Energy on Tuesday announced commissioning of 25.2 MW capacity of its 70-MW wind power project. The project has been commissioned almost nine months before the scheduled commercial date of operation, the company said in a statement. The operational 25.2 MW is part of the project’s progressive rollout, it said. This project […]
This power related stock has rallied 63% in 4 weeks; zoomed 660% in 1 year
Shares of Indo Tech Transformers hit a new high of Rs 1,432.65 on Tuesday, as they locked in 10 per cent upper circuit in otherwise a weak market on a healthy business outlook. The stock trade saw only buyers on the counter on the BSE at 01:53 PM. In comparison, the S&P BSE Sensex was […]
Likely to make next-generation EV batteries by early 2029: Nissan
Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector. But Nissan, like other companies, sees a […]
Jaguar develops mobile energy-storage unit using Range Rover batteries
Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK startup Allye Energy using used batteries from plug-in hybrid Range Rover models, the two companies said on Tuesday. The companies said a single Allye MAX Battery Energy Storage System (BESS) uses second-life batteries from seven Range Rover and Range […]
Vedanta secures 11-year Rs 3,900 crore loan from PFC, says report
Mining conglomerate Vedanta Ltd has secured an 11-year term loan of Rs 3,918 crore from Power Finance Corporation Ltd (PFC), sources said. The financial closure will enable Vedanta to expedite completion of its power projects. The group plans to increase the operating capacity of its power business in India to 4.8 GW by FY27, sources […]
Edelweiss AIF to deploy Rs 6.5k cr over 2 years; eyes road, energy assets
Edelweiss Alternative Investment Fund (AIF) will deploy Rs 6,500 crore over two years to acquire operating projects in two segments — roads and energy — before it begins to monetise its portfolio through sale to Infrastructure Investment Trusts (InVITs). Subahoo Chordia, head of real assets strategy, Edelweiss Alternatives, said the projects that the fund can […]
BJP manifesto: Party promises energy access through Ujjwala, solar power
The BJP will push a variety of programmes to ensure energy security of the country if it is elected back to power at the Centre. This will include extending existing schemes for energy access and enabling more clean-energy solutions. The flagship Pradhan Mantri Ujjwala Yojana (PMUY) will be expanded further and piped gas connections will […]
Govt asks imported coal-based plants to run full capacity till October 15
The Ministry of Power has asked all thermal plants using imported coal to operate at full capacity for another three and a half months till October 15 to avoid electricity shortage amid rising demand in the country. The ministry has projected peak power demand of 260 GW during the summer season (April to June) in […]
Leasing of batteries for 3-wheelers to be rolled out soon in Kolkata
On the streets of Kolkata and surrounding areas, e-rickshaws, popularly known as ‘toto’, are set to be powered by lithium-ion batteries with the rolling out of a battery leasing model, officials said on Sunday. Neuron Energy, a lithium-ion battery maker, has joined hands with Urja Mobility to spearhead the leasing model which has so far […]
Subsidies on power, water, bus fare to stay, says Delhi LG Saxena
Lieutenant Governor VK Saxena on Saturday said electricity, water and bus fare subsidies will continue in Delhi as these schemes do not belong to any party and asked people not to pay attention to statements from “vested political interests” that the schemes will be stopped as Chief Minister Arvind Kejriwal is in jail. Delhi minister […]
EVs head for junkyard as mechanic shortage inflates repair costs in UK
Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK, where consumer uptake has stagnated for the better part of two years. A dearth of mechanics trained to handle the most advanced EV fixes is helping to drive […]