Electric ride-hailing company BluSmart has signed a multi-year power purchase agreement with Tata Power’s wholly-owned subsidiary Tata Power Trading Company Limited (TPTCL) to source green power from the electricity firm, the company said in a statement on Wednesday. As part of an endeavour to turn its operations completely zero-emission, BluSmart will source 30 megawatts of […]
Category: Power
Power
Two booked for stealing electricity worth lakhs in Navi Mumbai
Thane: The police have registered two cases for illegal electricity consumption in different parts of Navi Mumbai, an official said on Friday. The power thefts were reported in the Panvel and Khandeshwar areas, he said. A case was registered under the Indian Electricity Act, 2003 against Meghnath Mhatre, the owner of a stone quarry in […]
India will not accept unjust carbon emission mandates: DPIIT Secy
New Delhi: India will not accept any unjustified mandate on carbon emissions but will deliver more than the commitment it makes, a senior government official said on Friday. While speaking at the Aavaana-Startup India ClimateTech Challenge event, Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh said India’s mandate is to […]
Government tweaks rules for speedy installation of electricity connection, faster rooftop installation
New Delhi: Now getting new electricity connections will be as fast as three days in metropolitan areas, seven days in municipal areas and 15 days in rural areas, according to the latest amendments in the existing norms. The government has approved amendments to the Electricity (Rights of Consumers) Rules, 2020, the Power Ministry said in […]
Joint venture of state-owned RVNL & Salasar lowest bidder for Rs 174 cr transmission project in MP
New Delhi: A joint venture of state-owned RVNL and Salasar Techno Engineering has emerged as the lowest bidder for a transmission project worth Rs 174 crore in Madhya Pradesh. In a BSE filing, Rail Vikas Nigam Ltd (RVNL) said it holds 51 per cent stake in the JV while Salasar Techno Engineering Limited (STEL) has […]
Bangalore airport joins hands with renewable energy firm CleanMax on long-term project
Bengaluru: Renewable power solutions provider CleanMax and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term power purchase agreement for the generation and supply of renewable energy. The energy will be drawn from a 45.9 MW Solar-wind Captive Power Project under a special purpose vehicle named Clean Max BIAL Renewable Energy Private Limited, according […]
AIPEF, NCCOEE protests against govt policies, demands scrapping electricity bill
New Delhi: Power sector employees, led by the All India Power Engineers’ Federation (AIPEF), staged protests at various locations of the country on Friday against ‘the government’s policies to privatise power sector assets’. The National Co-ordination Committee of Electricity Employees and Engineers (NCCOEEE) — a union of employees of the power sector — also took […]
India initiates anti-dumping probe into imports of solar glass from China, Vietnam
New Delhi: India has initiated an anti-dumping probe into imports of certain solar glass from China and Vietnam, following a complaint by domestic players. The commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of ‘Textured Tempered Coated and Uncoated Glass’ from China and Vietnam. The product is also […]
VinFast gets 400 acres in Tamil Nadu’s Thoothukudi for EV plant
Chennai: Vietnamese electric vehicle major VinFast has been allotted about 400 acres at an industrial estate owned by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) in Thoothukudi for its first India plant, ground breaking ceremony for which is scheduled on February 25. The “in-principle” allotment of land at Silanatham SIPCOT in the port […]
Tata Group considering spinoff of battery business Agratas
The Tata Group is considering a potential spinoff of its battery business, according to people familiar with the matter, as the Indian conglomerate expands its foray in the country’s renewable-energy and electric-vehicle sectors. Tata is in the early stage of discussions about eventually breaking out Agratas Energy Storage Solutions Pvt as an independent unit, the […]
Tata Motors cuts EV prices by up to Rs 1.2 lakh as battery cost dips
New Delhi: Tata Motors on Tuesday said that its electric vehicle arm has reduced prices of two models – Nexon.ev and Tiago.ev – by up to Rs 1.2 lakh on account of reduction in battery cost. The auto major has cut the price of Nexon.ev by up to Rs 1.2 lakh and now the model […]
Adani Group stocks rise after Moody’s upgrades to “stable”
Bengaluru: Shares of India’s Adani Green Energy rose over 2% on Wednesday, bucking the weakness in broader markets and leading gains among the listed Adani Group stocks after rating agency Moody’s upgraded four group companies to “stable” Moody’s upgraded two unlisted units of Adani Energy Solutions as well as Adani Green and Adani Green Energy […]