NEW DELHI: Shares of Hindustan Petroleum Corporation Ltd NSE -0.19 %. traded 1.83 per cent up in Thursday’s trade at 01:25PM (IST). Around 481,677 shares changed hands on the counter. The counter opened at Rs 233.0 and touched an intraday high and low of Rs 244.75 and Rs 230.0, respectively, in the session so far. […]
Category: Power
Power
Teslas with Autopilot a step closer to recall after wrecks
Teslas with partially automated driving systems are a step closer to being recalled after the U.S. elevated its investigation into a series of collisions with parked emergency vehicles or trucks with warning signs. The National Highway Traffic Safety Administration said Thursday that it is upgrading the Tesla probe to an engineering analysis, another sign of […]
Volkswagen plans to sell first electric car in India in 2023
Volkswagen AG is looking to sell its first electric car, the ID.4 sports utility vehicle, in India in limited quantities next year as the South Asian nation pushes for faster adoption of cleaner vehicles. The German carmaker will begin testing the ID.4 around September for its technical capabilities and if any adaptations are needed for […]
Jio-BP to set up EV charging and swapping infra at Omaxe properties
Real estate developer Omaxe Ltd NSE 2.41 %, has partnered with Jio-bp, a fuel and mobility joint venture between Reliance Industries NSE -1.14 % Limited (RIL NSE -1.14 %) and bp, to establish a battery charging ecosystem for electrical vehicles. In a statement, Jio-bp said it will set up EV charging and swapping infrastructure at […]
Electric two-wheeler maker Ather Energy partners with SBI for vehicle financing
Electric two-wheeler maker Ather Energy on Wednesday said it has partnered with the State Bank of India NSE -0.87 % (SBI) for vehicle financing for its customers. The collaboration will enable Ather Energy’s customers, having pre-approved loan offers from SBI, to avail instant loans at low interest rates starting from 9.55 per cent per annum, […]
Welspun Corp ropes in Tata Steel to develop ‘framework’ and manufacture for pipes for hydrogen transportation
Welspun Corp Ltd NSE 0.19 % (WCL) has partnered with Tata Steel NSE -2.59 % to develop the “framework for and subsequently manufacturing” pipes for transportation of pure hydrogen and natural gas-blended hydrogen. While Welspun Corp Ltd, the flagship company of Welspun Group, is a leading welded line pipe manufacturer, Tata Steel is among the […]
India’s plan to recycle old cars is failing to woo vehicle owners
India’s plan to remove millions of older polluting cars from its roads in an effort to clear some of the world’s most toxic air looks set to face several challenges with a new survey showing the majority of vehicle owners aren’t interested in trading in their automobile based on age. Some 57% of 10,543 vehicle […]
How a battery shortage is hampering the US switch to wind, solar power
US renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy. At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor […]
Power exchanges can trade contracts up to 3 months now
Power exchanges will be able to trade contracts up to three months following approval from the Central Electricity Regulatory Commission (CERC). The approval is expected to bring a landmark change in the power markets as a major chunk of bilateral trade is expected to shift from bilateral contracts to power exchanges. Of the 660 power […]
Adani Ent. shares rise 0.06 per cent in Thursday’s trading session
Shares of Adani Enterprises Ltd NSE 0.13 %. rose 0.06 per cent to Rs 2177.65 in Thursday’s trade as of 11:42AM (IST) even as the benchmark Nifty ruled at 16355.25, down 1.0 points. The scrip had closed at Rs 2176.45 in the previous session. The stock quoted a 52-week low of Rs 1201.1 and a […]
Okinawa Autotech pips Ola Electric to become No 1 electric two-wheeler brand
Despite the incidents of fire, electric two-wheeler manufacturer Okinawa Autotech has overtaken Ola Electric to become India’s top electric two-wheeler brand. According to the Federation of Automobile Dealers Associations (FADA), Okinawa Autotech sold the highest total of 9,309 units. Meanwhile, Ola Electric sold 9,225 units last month.
Solar open access additions grow 22% in Jan-Mar; cumulative capacity hits 5.7-GW mark: Report
The solar open access installations in India grew by 22 per cent at 513 megawatt (MW) in January-March 2022, according to a report by Mercom India. As of March 2022, cumulative installed solar open access capacity in the open access market was over 5.7 GW, the research firm said in its latest report.