SUBSCRIBE NEWS LETTER

FAME

RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study

India’s current climate policies are already helping bend its long-term emissions curve and are projected to reduce CO2 emissions by almost 4 billion tones between 2020 and 2030, a latest report from the Council on Energy, Environment and Water (CEEW) said. This reduction is equivalent to nearly 1.6 times the European Union’s CO2 emissions in […]

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No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme

The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […]

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Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr

In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […]

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Maharashtra Leads In Country In Hosting EV Charging Stations Along NH: Gadkari

Maharashtra leads in the country for hosting the highest number of electric vehicle charging stations in the country, data shared by the Union Minister for Road Transport and Highways said. The minister recently shared the data related to the EV charging stations before the Parliament in a written reply.  As per the details shared by […]

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Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report

Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […]

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What The Indian EV Sector Expects From Union Budget 2024

With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector.  Following are the expectations of the industry from the budget– […]

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Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report

Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […]

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Electric Tractor Market Untapped In India: Kaustubh Dhonde, CEO-AutoNxt

How do you see the current ecosystem of electric tractors in India?  Kaustubh Dhonde: The ecosystem of electric tractors in India is in its nascent stage but shows immense potential for growth. As one of the pioneers in this field, AutoNxt Automation is leading the charge with innovative solutions like our autonomous electric tractor, “Hulk.” […]

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GreenCell Mobility Secures Rs 3bn Green Financing For UP Project

GreenCell Mobility, a pioneer in the Electric Mass Mobility sector, has secured Green Financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its Electric Bus project in Uttar Pradesh. This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also […]

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