India and the UK are trying to resolve issues concerning visas for domestic professionals and duty concessions on British electric vehicles (EVs) as part of the proposed free trade agreement, and talks on them are at the last leg, an official said. An Indian team is in the UK to iron out differences over these […]
Category: Power
Power
Adani Group to invest $100 billion in green energy transition
Billionaire Gautam Adani’s group will invest $100 billion in green energy transition over the next 10 years across its ports, power and cement operations as it aims to become a net zero emitter by 2050. The conglomerate is expanding its renewable portfolio to 45 gigawatts as well as building three giga factories to manufacture solar […]
Tata Power EV Charging Solutions signs pact with Indian Oil to install charging points
Tata Power EV Charging Solutions (TPEVCSL), an arm of Tata Power, has inked an agreement with Indian Oil Corporation to install more than 500 fast and ultra-fast electric vehicle (EV) charging points in the country. The memorandum of understanding (MoU) between the two will result in Tata Power installing EV charging points across multiple IOC […]
Tata Passenger Electric Mobility, BPCL to set up 7,000 EV charging stations
Tata Passenger Electric Mobility on Friday said it has entered into a collaboration with Bharat Petroleum Corporation Ltd to set up 7,000 charging stations. The two companies have signed a memorandum of understanding to collaborate in establishing public charging stations across India. The collaboration will leverage Bharat Petroleum Corporation’s widespread fuel stations network and TPEM’s […]
Tribunal stays penalty on NTPC for non-disclosure on acquisition of Ratnagiri Gas & Power
The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order that imposed a penalty on state-owned power producer NTPC for not disclosing the acquisition of a 35.47 per cent equity share capital in Ratnagiri Gas & Power Private Ltd. The Competition Commission of India on August 22 imposed a penalty of Rs 40 […]
Tata Power arm and Kanpur Municipal Corporation collaborate to install 12 electric vehicle charging stations
Tata Power arm Tata Power EV Charging Solutions and Kanpur Municipal Corporation have collaborated to install 12 electric vehicle charging stations across six strategic locations in Kanpur. “Tata Power EV Charging Solutions Ltd (TPEVCSL), a Tata Power Group Company, signed a Memorandum of Association with the Kanpur Municipal Corporation to install 12 EV charging stations […]
Power outages expected in Bengaluru city due to maintenance work; Check areas, timings, details
Bengaluru city is likely to witness some more scheduled power outages this week and till the end of the month, as power supply companies including the Bangalore Electricity Supply Company (BESCOM) and the Karnataka Power Transmission Corporation Limited (KPTCL) have undertaken several periodical and impending maintenance and repair projects. These works consist of renovation, modernisation, […]
Israel forces at Gaza hospital: Without electricity or fuel, patients are dying, say medical staff
Israeli military vehicles advanced on Monday to the gates of the besieged Al-Shifa hospital complex, Gazan health officials said, as medical staff detailed the increasingly calamitous conditions inside a facility where fuel, medicine and food are running out for the hundreds of patients and thousands of people sheltering there. Without electricity or fuel, dozens of […]
Modi government mulls five-year tax cut for electric vehicles amid bid to woo Tesla
The Modi government may cut duty on the imports of completely-built units of electric vehicles for a period of up to five years to attract the likes of Tesla Inc, which commit to manufacturing them in the country. The quantum of duty to be cut and the investment commitment are still being worked out. The […]
Adani Green Energy Ltd looking to raise $1.8 billion from overseas lenders group
Adani Green Energy Ltd (AGEL) is reportedly looking to raise $1.8 billion from a group of overseas lenders to ramp up its capacity in solar and wind energy. A Bloomberg report on Thursday said the renewables arm of the Adani group is in talks with lenders such as Deutsche Bank, Standard Chartered Plc, Barclays Plc, […]
Adani Green Energy net profit jumps 149 per cent to Rs 371 crore in Q2
Adani Green Energy on Monday posted nearly 149 per cent rise in its consolidated net profit at Rs 371 crore in the July-September quarter, compared to a year ago, mainly due to higher sales. The consolidated net profit of the company stood at Rs 149 crore in the quarter ended on September 30 last year, […]
No power to impose any tax or duty on electricity generation: Centre to state governments
The central government has asked states that they have no power to impose any tax or duty on electricity generated from any source — coal, hydro, wind or solar and any such levy is illegal and unconstitutional. In a circular, the Union Ministry of Power on October 25 said it had come to the notice […]