Power bills to remain 10-20% higher for next three months in Maharashtra

MUMBAI: Your electricity bills will remain 10-20% higher for three more months as Maharashtra Electricity Regulatory Commission (MERC) has approved further recovery of Fuel Adjustment Charges (FAC) in monthly power bills. The decision will pinch the pockets of 3.2 crore consumers in Maharashtra, including around 50 lakh in Mumbai. Moreover, power utility firms last week […]

Stellantis partners with Qinomic on project to turn combustion engine vans into EVs

Carmaker Stellantis said on Friday it had partnered with Qinomic, a French high-tech company focused on mobility, to develop a project aiming to convert vans with internal combustion engines into electric-powered vehicles. The Italian-French carmaker said the deal involved its Circular Economy unit. “The retrofit solution aims to extend vehicle life and usage, ensuring sustainability […]

Renault-Airbus partnership to develop new generation of electric batteries

European planemaker Airbus has announced a partnership with French carmaker Renault to develop a new generation of electric batteries for cars and planes. Engineering teams from both companies will join forces to mature technologies related to energy storage, one of the main roadblocks for the development of long-range electric vehicles, Airbus said in a statement. […]

No power tariff hike in Telangana as government to fill revenue gap

HYDERABAD: With the assembly elections scheduled to be held next year, the Telangana power distribution companies have spared the power consumers from any hike this year. The Southern and Northern power distribution companies have not proposed any power tariff hike in the aggregate revenue requirements (ARR) for 2023-2024 submitted to the Telangana State Electricity Regulatory […]