Category: Power

Electric vehicle startup Matter on Monday announced a “long-term partnership” with Mumbai-based two-wheeler financing platform Oto soon after the launch of its first EV bike—-Matter AERA—last month. The partnership will facilitate bookings for the much-awaited electric bike, which are expected to commence within the next 90 days, Matter Group CEO and Founder Mohal Lalbhai told […]

Pakistani police on Tuesday ruled out a terror angle in the twin blasts which ripped through a counterterrorism facility in the country’s restive northwest on Monday killing at least 17 people and injuring 70 others, saying the explosions were caused by electrical short-circuit. The blast occurred on Monday at the Counter Terrorism Department (CTD) of […]

It’s been three months since a short seller in New York roiled Gautam Adani’s empire, wiping out almost $120 billion in market value, invigorating India’s opposition party and spurring the country’s top court to investigate. Still, questions raised by Hindenburg Research linger. Chief among them: What’s the extent of Adani Group’s dealings with Gautam’s older […]

Fresh Bus, an intercity EV bus service, launched its first fleet of electric buses on the Bengaluru-Tirupati route on Sunday. They will run at a base fare of Rs 399 per seat. The company will also commence services for the Hyderabad-Vijayawada route later this month and run a total of 24 buses along both routes […]

The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion) through 2030 to develop advanced battery technologies including solid-state batteries, the industry ministry said on Thursday. “The joint investment will allow South Korea to start commercial production of solid state batteries ahead of others,” the ministry said […]

Two teenagers were electrocuted after they accidentally came in contact with overhead power lines at Siddarameshwara Layout in Belagumba, on the outskirts of the city, on Thursday. Nitesh Kumar, 14, and Prajwal, 14, sons of brothers Veerabhadrappa and Siddeshwarappa, respectively, are the deceased. The cousins were students of class 8 and were residents of Kundur […]

Bangladesh is being forced to cut power to millions of people as a relentless heatwave has led to a surge in demand for power resulting in massive electricity supply shortfalls. Greater use of irrigation pumps by farmers and an increase in commercial activity due to preparations for festivities for the end of the holy month […]

Despite Bescom’s assurance of uninterrupted power supply this summer, Bengalureans are disappointed as unscheduled power cuts still plague the city. Residents pointed out that Bescom has failed to keep its promise and alleged that the lack of official announcements had made it difficult to plan work. “They had earlier announced that there would be no […]

A new scam has emerged where job aspirants were issued fake appointment letters with Bangalore Electricity Supply Company (Bescom) and Karnataka Power Transmission Corporation Limited (KPTCL) letterheads. In a statement, Bescom said five such incidents had come to light and it had lodged a complaint at the Vidhana Soudha police station. “Criminals have forged the […]

German carmaker Volkswagen plans to bring its first electric vehicle in India next year with the launch of premium electric SUV ID.4 to tap the opportunity in the fast growing electric mobility space in the country, a senior company official said on Tuesday. By 2030, Volkswagen expects 25-30 per cent of its total sales in […]

A consumer court in Bengaluru has ordered OLA Electric Technologies Pvt Ltd to pay Rs 5,000 in compensation and Rs 2,000 as litigation costs for service deficiency. Mysuru native S N Prasad purchased an OLA electric scooter for Rs 90,999 in June last year. Months later, he sold it to his son-in-law S M Ramesh, […]

Adani Group’s pile of debt increased almost 21 per cent over the past year and the proportion held by global banks rose to nearly a third, according to data seen by Bloomberg that offers an up-to-date snapshot of its financial health. Information gleaned from people familiar with the conglomerate’s inner workings as well as from […]