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Tata Power Q1 Results Strong, Key Highlights

Tata Power announced its Q1 results on Friday. Consolidated net profit jumped nearly 74 per cent to ₹ 465.69 crore in the June 2021 quarter, as compared to ₹ 268.10 crore in the corresponding quarter of the last financial year. Total income during April-June 2021 increased to ₹10,145.89 crore, compared with ₹ 6,540.42 crore in […]

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GreenCell Mobility To Deploy 3,250 Electric Buses Over Three Years

A pan-India shared electric mobility player, GreenCell Mobility (GCM) has announced plans to deploy 3,250 state-of-the-art electric buses (e-buses) in the coming 3 years as part of its B2C business. The EverSource Capital-backed GrenCell has aggressive plans to launch 750 premium luxury AC e-buses in phase 1 across intercity & inter-state routes that will cover […]

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Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021

The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […]

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C&I Rooftop to Add 1875 MW Solar Capacity in India in 2021: IEEFA, JMK

India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report titled “Emerging technology trends in the C&I rooftop solar market in […]

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Tata Power Tops CRISIL’s ESG Rankings Among Power Companies

Tata Power, India’s largest integrated power company, has secured the highest score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. CRISIL, an S&P Global Company, is a  provider of ratings, data, research, analytics, and solutions. By doing well on all ESG parameters viz. Environmental, Social […]

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Jinko Provides The Modules At India, & Asia’s Largest Carport

Jinko Solar’s Cheetah monofacial series modules have been deployed at Asia’s largest carport facility located in the northern part of India. The carport  dwarfs all other carports with its 20 MWp installed capacity – the highest in any carport across Asia. Built by KEC International’s Solar EPC division at their customer’s factory premise. Jinko’s high […]

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Fourth Partner Energy Takes Over 8.9MW Solar Portfolio from Statkraft India

Fourth Partner Energy has acquired 8.9 MW of solar portfolio from Statkraft India. India’s distributed solar energy firm focusing on building and financing solar projects, Fourth Partner Energy has announced acquiring 8.9 MW of solar energy portfolio of Statkraft India, an Indian branch of a European generator of renewable energy. This marks the first acquisition […]

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Indian Oil Corporation to Build Country’s First Green hydrogen Plant

India’s largest oil firm, Indian Oil Corporation Limited (IOC) has announced plansto build the first-ever commercial green hydrogen plant at its Mathura refinery in Uttar Pradesh.  IOC has taken this step intending to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the […]

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bp & EnBW make £10 bn Joint Bid for Scottish Offshore Wind Projects

Oil giant bp and Germany-based EnBW have submitted a joint bid, representing a a potential £10 billion investment, for Scottish offshore wind acreage which could support wind projects with 2.9 GW of capacity. The companies have applied for a lease area off the east coast of Scotland for the development of the project. But the bid seeks […]

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