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Indian market

Adani Green Energy Commissions 100 MW Solar Plant in Gujarat

Adani Solar Energy Kutchh Two, a subsidiary of Adani Green Energy AGEL has commissioned a 100 MW solar power project at Khirsara, Gujarat. Adani Solar Energy Kutchh Two Private Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 100 MW ac solar power project at Khirsara, Gujarat, ahead of its scheduled […]

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VoltUp Partners with HPCL To Create 50 EV Battery Swapping Centers

VoltUp partners with HPCL to set up 50 Electric two and three-wheeler battery swapping centers across India in the next six months. VoltUp, a one-stop battery swapping start-up has announced its partnership with Hindustan Petroleum Corporation Limited (HPCL) to set up 50 electric two and three-wheeler battery swapping centers across India. partners VoltUp envisions to […]

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AMP Capital Joins Sterlite Power To Establish Transmission Platform

The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […]

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Ola Exploring Sites for Network of Charging Stations in India & Europe

Indian ride-hailing firm, Ola is searching multiple sites to build a network of charging stations for electric two-wheelers(E-2Ws) across India and Europe. The E-mobility driven Ola, is searching in 50 cities in India and different locations in Europe to build the global network of charging infrastructure, according to sources privy to the development. Also, over […]

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SUN Mobility Planning 100 EV Battery Swapping Stations in Bengaluru 

SUN Mobility has announced that it plans to establish 100 battery swapping stations for EVs in Bengaluru by the end of 2021. Thrilled to announce that @SUN_mobility is now operational in #NammaBengaluru! Would like to express my gratitude to Shri B.S Yediyurappa ji for officially launching our #batteryswapping network in the city today & look forward to […]

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CM B.S. Yediyurappa Opens Bengaluru’s First EV Battery Swapping Station

The Chief Minister of Karnataka has inaugurated the first EV battery-swapping station in the capital, yesterday.  To enable fast discharge and support the last-mile connectivity by encouraging e-vehicles, the station will facilitate EVs to run for a longer time by swapping the discharged battery in two minutes and travel for another 80 km.  Inaugurating the […]

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Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII

CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […]

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ICRA Grants First ‘Stable’ Rating to GMPL in EV Bus Segment India

ICRA has assigned [ICRA]A- (Stable) to Greencell Marudhara Private Limited, GMPL, the EV bus fleet operator for RSRTC in Rajasthan. Investment Information and Credit Rating Agency of India Limited (ICRA) has assigned A- (Stable) to Greencell Marudhara Private Limited, GMPL, the electric vehicle bus fleet operator for the Rajasthan State Road Transport Corporation (RSRTC) in […]

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Uneven Grouping of Renewables Leading to Curtailments in India: TCCL

Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […]

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