Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
USA’s International Battery Company Sets Sights on Karnataka for $1 Bn Li-Ion Unit Updated On Wed, Aug 2nd, 2023 by Saurenergy The state of Karnataka has entered into an investment agreement with International Battery Company (IBC). The value of the agreement has been pegged at INR 80 billion rupees and will pave the way for setting up a battery manufacturing facility in the region. The manufacturing unit will be established across 100 acres in Karnataka, where […] Read more
TPREL Signs PPAs with MSEDCL for 200 MW & 150 MW Solar Projects Updated On Wed, Aug 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a firm that delves into the renewable energy sector and a subsidiary of Tata Power, has signed two significant Power Purchase Agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively. Located in Maharashtra, these projects of […] Read more
Log9 Materials & Hala Mobility Partner for 1500 Electric Two Wheelers Deployment Updated On Mon, Jul 31st, 2023 by Saurenergy Log9 Materials, a deep technology and advanced battery technology start-up based in Bengaluru, has announced a long-term strategic partnership with Hala Mobility India, a multimodal EV-logistics services platform headquartered in Hyderabad. As part of the partnership, Hala Mobility will gain access to 1500 electric two-wheelers called BzinessLite InstaCharged by Log9 Materials. Additionally, Log9 will provide […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
1C Charging Joins The EV Rush With Charging Solutions Updated On Fri, Jul 14th, 2023 by Saurenergy India, as the world’s furth largest auto market, is fast emerging as one of the fastest-growing Electric Vehicle (EV) markets in the world too. The size of the industry is projected to grow from USD 3.21 billion in 2022 to USD 113.99 billion by 2029. With growing sales of EV, various brands are also emerging […] Read more
Ampere Electric Scooter Achieves Over Two Lakh Customers Landmark Updated On Tue, Jul 11th, 2023 by Saurenergy Bengaluru-based Greaves Electric Mobility Private Limited (GEMPL), the E-mobility division of Greaves Cotton Limited, has achieved more than 200,000 secondary sales of its Ampere brand electric two-wheelers as of the first quarter of fiscal year 2024. The firm says that this achievement highlights Ampere’s commitment to transforming urban transportation and promoting the adoption of electric […] Read more
Solar Canals Deliver On Promise, Yet Fail To Find Market Updated On Thu, Jul 6th, 2023 by Saurenergy By-Ravleen Kaur A streak of blue cuts across the yellow landscape as one takes a turn while travelling through the Mehsana district of Gujarat. The dry smell of dust alerts one about the arid zone ahead and the heat is an indication of impending summers in this terrain. Soon, the blue line turns grey with […] Read more
