Author: Chitrika Grover

EV Car Sales In India Reached 1Mn With 70% YoY Growth

International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […]

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Tata Motors, Bajaj Finance Tie-up For Boosting EV Financing

In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of diversified financial services groups. This partnership extends supply chain finance solutions to its […]

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NHPC Opens Bids For 200 MW Solar Project In Khavda, Gujarat

National Hydroelectric Power Corporation (NHPC) has invited bids for the commissioning of a 200 MW grid-connected solar PV power project in Gujarat State Electricity Corporation Limited (GSECL) renewable energy (RE) solar parks at Khavda, Gujarat (Stage-3) with operation and maintenance for 5 yrs. The NHPC tender was released on 17 May 2024 at 06:30 PM […]

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ICAI Invites Bids For 20 KWp Grid-Connected RT Solar Plant, Rohini

Institute of Chartered Accountants of India (ICAI) released a tender for a 20 KWp grid-connected rooftop solar power plant for ICAI Bhawan – Rohini. The ICAI tender mentioned, “The bidders are expected to have an enclose non-refundable demand Ddaft of Rs.1000/- plus GST @18%. The last date of receipt of the duly filled-in bid is […]

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NTPC-REL Seeks Bids For 225MW Solar Project At GSECL Solar Park At Khavda

NTPC Renewable Energy Limited (REL) has invited bids for the development of a 225MW grid-connected solar PV project at Gujarat State Electricity Corporation Limited (GSECL) solar park (Stage-III), at Khavda. NTPC-REL invited online bids from eligible bidders on a single-stage two-envelope (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) basis. The tender includes the supply […]

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Solar Decathlon India 2023-24 Challenge Winners Announced

Solar Decathlon India (SDI), aimed at building the next generation of leaders to combat climate change in India, is an annual student competition for undergraduate and postgraduate students from Indian academic institutions to develop innovative, net-zero energy-water and climate-resilient solutions for the building sector in India. The final event was held at Infosys’ campus in […]

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Green Stocks May 17: Shakti Pumps Sees Jump In Largest Stock Prices

Shakti Pumps remained the largest beneficiary today in terms of the rise in stock prices among the green stocks. The Indore-based company reported a five percent surge in its stock price. Sterling and Wilson reported the second-highest surge in its stock price if 3.71%. Company name Closing Price On May 16 Closing Price on May […]

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US EV Purchase Dissipates As Consumer Demand Cools Down: Report

An American data analytics, software, and consumer intelligence company, J.D. Power 2024 US Electric Vehicle Consideration (EVC) Study estimate that consumer demand for electric vehicles (EVs) has cooled as the industry grapples with persistent growing pains.  For the first time since the study’s inception in 2021, new-vehicle buyer consideration has dropped from the previous year. […]

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Mahindra Electric Approves Rs 12,000 Cr Investment In EVs

Mahindra Electric Automobile Limited recently approved an investment of Rs. 12,000 Cr. in Mahindra Electric Automobile Limited (MEAL) in one or more tranches, over three years up to 31st March 2027. MEAL is expected to fund in company over the next 3 years. Moreover, Mahindra and Mahindra (M&M) and its auto division are expected to generate sufficient operating cash to satisfy all their capital investment needs. Previously, […]

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