Vietnamese electric vehicle maker VinFast officially broke ground for its first integrated manufacturing facility in India in Tamil Nadu. The project is expected to generate approximately 3,500 jobs. The groundbreaking ceremony was graced by M K Stalin, Chief Minister of Tamil Nadu; Dr. T R B Rajaa, Minister for Industries, Government of Tamil Nadu; V. […]
Category: Power
Power
Log9 partners Trinity Cleantech to establish interoperable EV charging network in India
Bengaluru-based Log9 Materials and Trinity Cleantech have joined forces to establish a robust and seamless interoperable charging network, paving the way for widespread EV adoption. Trinity under their brand name ‘Thunder+’ will provide 2,000 public charging stations that will be deployed across India by the end-FY2025. This rapid expansion tackles range anxiety head-on, boosting EV […]
Adani hints at future collaborations with Uber after meeting CEO Dara Khosrowshahi
Billionaire Gautam Adani on Saturday met Uber CEO Dara Khosrowshahi, who is currently on a visit to India, and hinted at possible future collaborations between his conglomerate and the ride-hailing app. Taking to X, both business leaders appreciated their conversation on the Indian growth story and their vision for the subcontinent. The Uber CEO said […]
Odisha approves 27 new industrial projects worth Rs 6,134 crore
The Odisha government has approved 27 new industrial projects to the tune of Rs 6,134 crore across sectors, a senior official said on Saturday. The proposals got the state government’s nod at a meeting chaired by Chief Secretary P K Jena on Friday. The potential sectors include aluminium, renewable power, manufacturing, aerospace and defence, food […]
India to add 18 more N-power reactors with total capacity of 13,800 MWe by 2032: NPCIL
India will add 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32. This was announced by the Nuclear Power Corporation of India Limited (NPCIL) after Prime Minister Narendra Modi dedicated two home-built 700 […]
Olectra Green shares rise to 52-week high on Rs 4000 cr order for electric buses
Shares of Olectra Greentech Ltd surged by 10%, hitting a fresh 52-week high of Rs 2,221.95 apiece on the NSE on Thursday. The electric bus manufacturer received a substantial order from Brihanmumbai Electricity Supply and Transport Undertaking (BEST) for the supply, operation, and maintenance of 2,400 electric buses, with a staggering order value of Rs […]
Ionage partners SundayGrids for solar-powered EV charging platform
Bengaluru-based Ionage, an e-mobility service provider has collaborated with SundayGrids, to introduce what it claims is India’s first digital solar-based EV charging platform. The platform will provide EV owners convenience of charging their vehicles using solar power anywhere, anytime, fostering a sustainable approach. At present, Ionage has onboarded 3,000 charge points across the country and […]
Servotech Power Systems bags Rs 102 crore order for 1,500 DC fast EV chargers from HPCL and others
Servotech Power Systems, a leading manufacturer of electric vehicle chargers in India, has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation (HPCL) and other EV charger OEMs. The order is valued at Rs 102 crore and involves 2 charger variants of 60 kW and 120 kW. The order […]
Servotech Power Systems bags order worth Rs 102 cr for 1500 DC fast EV chargers from HPCL and other OEMs
Servotech Power Systems Ltd, a manufacturer of EV chargers in India, on Friday announced that it has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. The order, it added, is valued at Rs 102 crore and involves two charger variants of […]
EV-CO launches e-three-wheelers, plans to launch e-four-wheeler too
Haryana-based electric vehicle start-up EV-CO (Electric Vehicle Co.) has launched its first product in the country. It has an ambition to manufacture 5,000 units of EVs in a month, including two- and three-wheelers in the L3 and L5 categories, with tailored battery solutions. The start-up claims it is also working on developing four-wheelers to expand […]
Green energy powers Renault Nissan Automotive India operations
Taking ahead its commitment to achieve carbon-neutral operations by 2045, Renault Nissan Automotive India (RNAIPL), the automotive manufacturer located in Oragadam, Chennai, has announced that it has predominantly used green power for its operations during the second half of 2023. On average, the plant utilised more than 85 percent green energy every month between July […]
Raisina Dialogue 2024: India should become exporter of green energy by 2047 to attract capital, says Amitabh Kant
India should become an exporter of green energy by 2047 to attract capital, the G20 sherpa Amitabh Kant said on Thursday. Addressing at the ‘Raisina Dialogue 2024’, Kant said today’s challenge is climate change and the World Bank needs to become a climate bank. Further, he said in future, all investments are expected to flow […]