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Govt Extends EV Charging Norms For Battery Swapping Centers

The Ministry of Power (MoP) in its latest notification extended several norms, meant for Electric Vehicle (EV) Charging Stations for Battery Swapping Stations (BSS) and Battery Swapping Charging Stations (BCS). This notification comes at a time when the government and several battery swapping companies are working to boost this alternative means of refueling EVs. The […]

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Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL

In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […]

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MAHAPREIT and NTPC Sign RE Projects Worth 10 GW

NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […]

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PM Modi To Launch EV Charging With Rs. 1,500 Cr Investment

Prime Minister (PM) Narendra Modi recently announced plans to develop multiple energy options, including electric vehicles (EVs), compressed biogas (CBG), and ethanol-blended petrol (EBP), at a single retail outlet. To facilitate a smooth transition to green energy, decarbonization, and net-zero emissions, while reducing range anxiety for electric vehicle drivers, the Prime Minister plans to dedicate […]

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81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA

Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […]

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SCCL Plans FDRE Tender for 500MW RE Power, Seeks Consultants

Telangana-based Singareni Collieries Company Limited (SCCL) is now mulling to issue a tender for procurement of 500 MW of renewable power through a Firm and Dispatchable Renewable Energy (FDRE) tender. It has now issued a tender seeking consultants for preparing a Detailed Project Report (DPR) on the same. The proposal said that the works relate […]

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IREDA To Raise Rs 4,500 Crore Via QIP

IREDA (Indian Renewable Energy Development Agency), recently received approval to raise Rs 4,500 Crore Fundraise Via qualified institutional placement (QIP). The public limited government company in principle received approval from the Board of Directors of IREDA to raise funds in one or more tranches. The Department of Investment and Public Asset Management (DIPAM), conveyed the […]

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Gautam Solar Announces Cell Making Foray With 2 GW Capacity

New Delhi based Gautam Solar, a 27+ years experienced solar manufacturer, is preparing to launch a significant venture to establish a 2 GW solar cell manufacturing plant in the first phase. With an estimated investment of Rs. 1000 crores for the 2 GW solar cell facility, the company wants to cater to the growing demand […]

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Revolt Motors Launches New Electric Motorcycle-RV1

Revolt Motors, an electric vehicle company based in Haryana, has launched a new electric motorcycle called the RV1. The company was established in 2017 and now working to boost electric mobility. This comes in a week when several automobile companies like BMW, Mahindra and others have either launched or announced launch of new electric vehicles […]

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