With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport Updated On Thu, Jul 21st, 2022 by Saurenergy State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […] Read more
Delta Crosses 6000 EV Charger Deployment Milestone in India Updated On Wed, Jul 20th, 2022 by Saurenergy Taiwan-based power and thermal management solutions manufacturer, Delta has announced that they have cumulatively delivered over 6000 electric vehicle (EV) charger to customers in India. According to Delta, this 6000 EV charger deployed initiative was made possible by close collaboration with key players in the EV charging infrastructure market, including major charge point operators like […] Read more
Lack of Financing Options The Biggest Drag On faster EV Adoption In India Updated On Wed, Jul 20th, 2022 by Saurenergy Headquartered in Hyderabad, Etrio is a key player in cargo EV OEM sector, committed to leading cargo fleet electrification. Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio, began his career at in Wall Street at Intel Corporation to later assume investment banking roles at JP Morgan in New York. After he moved back to India […] Read more
IEA Report on Bridging Gap B/w Demand & Supply Of EV Batteries’ Metal Updated On Tue, Jul 12th, 2022 by Saurenergy IEA has published a report on the global EV market. In this report, IEA has highlighted how the EV market is growing around the globe. As per the report, electric vehicle sales around the globe are rising and breaking all the previous sales records. On the other hand, the EV charging infrastructure is not growing […] Read more
Kia Installs India’s Fastest EV Charger In Gurugram Updated On Wed, Jul 6th, 2022 by Saurenergy Giving a fresh fillip to the charging infrastructure in the country, auto giant Kia has said that it has installed India’s fastest electric vehicle charger at one of its official dealerships – Dhingra Kia – in Gurugram, Haryana. Kia has said that it will be installing as many as 15 such superfast electric vehicle chargers […] Read more
First Batch Of Hero Electric E-Scooters Rolls Out From Mahindra Stable At Pithampur, Madhya Pradesh Updated On Tue, Jul 5th, 2022 by Saurenergy Automobile major Hero Electric made an announcement on July 4 that its strategic partnership with Mahindra group has finally taken the shape of e-scooters. The first batch will be rolled out from the stable of Mahindra Group in Pithampur in Madhya Pradesh. Both the companies had entered into a five-year partnership to cater to the […] Read more
EV Chargers’ Association Proposes A Black Box To Stop EV Battery Fires Updated On Tue, Jun 28th, 2022 by Saurenergy The recent spate of the batteries in electric vehicles catching fire like e-scooter or four wheeler has sent the Charge Point Operators Society (CPOS) of India into a huddle for a solution because of the concerns over safety deterring the prospective buyers. On June 27, the body proposed that a black box system should be […] Read more
Haryana Approves New EV Policy, Commits To 100% e-Mobility Updated On Tue, Jun 28th, 2022 by Saurenergy Haryana Chief Minister Manohar Lal Khattar and his cabinet met on June 27 and approved the State Electric Vehicle (EV) Policy 2022 inviting several EV manufacturers to avail themselves of the the financial incentives offered. Haryana will observe 2022 as year of Electric Vehicles. The EV Policy aims to protect the environment, reduce carbon footprint, […] Read more
