Category: Power

Electric mobility startup Zypp Electric on Tuesday said it plans to deploy 1-lakh electric scooters in collaboration with Zomato for last-mile delivery by 2024. As part of the tie-up, Zypp will also provide delivery partners to Zomato for the last-mile deliveries in various cities across the country, Zypp said in a statement. The company said […]

Tata Elxsi, the Bangalore- based design and technology services company, is bullish on the growth of electric vehicles in India asit expands its research tie-ups. But the prospects of an autonomous electric vehicle, where the company is also working on the technology side, may not be feasible in India. “I think there is no looking […]

Adani Power Limited on Friday said the Supreme Court has ruled in its favour in its dispute with three state electricity boards: Maharashtra, Rajasthan and Haryana. In a regulatory filing, Adani Power said: “This is to inform that the Hon’ble Supreme Court has pronounced its orders pertaining to various regulatory appeals involving Adani Power Limited […]

Kerala has been experiencing searing heat for the past few days with Palakkad district recording the highest maximum temperature of 39.7 degrees Celsius on Tuesday. As the mercury rises, the daily electricity consumption in Kerala has touched 100.35 million units (mu) on April 17, a new record for the state as per the electricity board. […]

Mercedes Benz India Limited (MBIL) is facing a supply crunch in electric vehicles that is limiting its expansion in the segment. With a huge demand for EVs worldwide, the Indian subsidiary does not have a clear visibility on the availability of cars. “We will have four new EVs in the next 12 to 18 months,” […]

The state witnessed an over 100 per cent growth in the sale of electric vehicles (EVs) in FY22-23, according to data released by the Federation of Automobile Dealers Association (FADA), Bengal chapter. The total number of EVs sold in FY 22-23 stands at 13,254 units compared with 6,059 units in FY 21-22, registering a growth […]

Adani Electricity Mumbai Ltd (Adani Electricity) said it has topped the country’s 71 electricity distribution companies for its overall governance, including financial sustainability, performance excellence and external environment. In a regulatory filing, the company disclosed that in the ministry of power’s 11th edition of the ‘Annual Integrated Rating & Ranking’ of India’s power distribution utilities, […]

Shares of Adani group firms ended with gains on Monday with some companies hitting their upper circuit limits amid the group listing out details of stake sales in its companies and investment ploughed back into businesses to counter claims by Congress leader Rahul Gandhi. Shares of Adani Transmission jumped 5 per cent, Adani Green Energy […]

The Adanis are set to wheel power to Bangladesh. Adani Power Ltd (APL) on Friday said an 800 megawatt (mw) unit at its thermal plant in Jharkhand has started commercial operations. The plant will supply power under a 25-year power purchase agreement (PPA) for a corresponding net capacity of 748mw to the Bangladesh Power Development […]

Adani Power Ltd (APL) on Friday said a 800 MW unit at its thermal plant in Jharkhand has begun commercial operations. The second unit of the 1600 MW project is also in an advanced stage of completion and expected to be commissioned soon, the Adani Group company said in a filing. “This is to inform […]

The Adani group has reportedly claimed the support of top Japanese and European banks at its investor roadshows held across the globe from Singapore to the US, following the damaging allegations by American short-seller Hindenburg. A Reuters report, quoting a note put out by the conglomerate, said global banks such as Mitsubishi UFJ Financial Group […]

An Adani group joint venture is reportedly in discussions with banks for an offshore loan as the troubled conglomerate looks to sew up its first overseas borrowing since short-seller Hindenburg accused the group of fraud more than two months ago. According to a Bloomberg report, data centre provider AdaniConneX Private Ltd, a joint venture with […]