India’s power consumption increased 7.5 per cent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country. Power consumption in the country has increased to 1354.97 billion units (BU) in the April-January period of this financial year, from 1259.49 BU in the […]
Category: Power
Power
Ola Electric slashes prices by up to Rs 25,000
February has seen a series of price cuts on electric vehicles from companies like Tata Motors and MG Motor. The latest to join the party is Ola Electric, which has announced it has reduced the prices of its electric scooters by up to Rs 25,000. The discounts are valid till the end of this month. […]
EV makers share their view on Interim Budget 2024
Finance Minister Nirmala Sitharaman presented one of the shortest speeches while announcing Interim Budget 2024. But amongst the key highlights of her speech was the focus on electric vehicles. And this is what EV makers in India view it. Atul Gupta, CEO, e-Sprinto: “Certainly, particulars in regard to the E-Mobility mission and encouragement of EV […]
Sodion Energy launches indigenously developed sodium-ion battery for EVs
Hyderabad-based Sodion Energy, a leading energy company has launched its first range of sodium ion batteries, becoming the first Indian company to launch it commercially. These batteries can be used for a wide range of applications such as a UPS, starter battery and a battery pack. It has also developed its own proprietary Battery Management […]
India initiates anti-dumping probe into imports of solar glass from China, Vietnam
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’ made or from China and Vietnam. The product is also […]
We expect our capex to sustain in coming years: Hitachi Energy India CEO
Hitachi Energy posted a multifold rise in its profit in Q3FY24 on a low base and a 23% jump in revenue. The company is expecting significant contribution from renewable energy and data centres to its order book, N Venu, MD & CEO, India & South Asia, Hitachi Energy says in an interview with Raghavendra Kamath. […]
Tata Power wins bid for Jalpura Khurja Power Transmission Project
Tata Power, has won the bid to acquire Jalpura Khurja Power Transmission Limited (JKPTL), a transmission project set up by REC Power Development and Consultancy, a unit of REC, as a special purpose vehicle. The project is estimated to cost Rs 838 crore. The project will involve the establishment of an intra-state transmission system for […]
Hyundai Motor expands ultra-high speed EV charging network in India, plans 100 charging stations by 2027
Hyundai Motor India, a leading automaker in the country has announced expansion of its Ultra-High Speed Public EV Charging Network across key highways and cities in India. The company has expanded to a total of 11 ultra-fast charging stations each having three charging points – comprising one unit each of DC 150 kW; DC 60 […]
Haryana govt signs MoU to buy power from Coal India’s proposed plant
State-owned Coal India Ltd (CIL) on Thursday said the Haryana government has evinced interest in buying electricity from the company’s proposed power plant in Odisha. Haryana is keen to ensure electricity availability to meet the expanding energy demand of the state. “Coal India Ltd (CIL) on Thursday signed a Memorandum of Understanding (MoU) with Haryana […]
Kabira Mobility launches KM3000 and KM4000 electric motorcycles in India
Goa-based EV startup, Kabria Mobility, has launched two new electric motorcycles in India – KM3000 and KM4000 – priced at Rs 1.74 lakh and Rs 1.76 lakh, ex-showroom. The two electric motorcycles feature an aluminium core hub motor powertrain, developed in collaboration with Foxconn. Moving on to the motorcycles themselves, the KM3000 is a fully-faired […]
Adani Green Energy commissions 551 MW solar capacity in Khavda
Adani Green Energy (AGEL), the renewable energy arm of Adani Group, has operationalised a 551 MW solar capacity in Khavda, Gujarat, by supplying power to the national grid. AGEL plans to develop 30 GW of renewable energy capacity from this park, which, when completed, will be the largest renewable energy installation in the world. Energy […]
Adani Green Energy likely to tap dollar bond market in March, sources say
India’s Adani Green Energy is likely to raise $500 million by issuing dollar bonds in March, two officials aware of the plans said, making it the first Adani group company to return to the overseas bond market in a year. “The company is doing the groundwork and talking to investors to get a sense on […]