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BHEL and GAIL Sign Pact For Co-Development of Solar Power Projects

State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor,” the company said in a statement. BHEL shall also provide operation and maintenance services during […]

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Public Transport Permit Mandatory for Commercial EVs To Avail FAME-II Incentives

The Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) scheme in its second phase starting next week, has made Public transport Mandatory for commercial EVs. From April 1, the owners of commercial electric vehicles (three wheelers and four wheelers) will be required to have a public transport permit from a government agency in […]

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UBM – Informa Walks the Distance For a Good Cause

The walkathon raised Rs 2,018,500 for the Samarthanam Trust. UBM-Informa, a leading B2B information services group and one of the largest B2B event’s organizers globally, witnessed its first Walkathon in India – Walk the World 2019 as a fundraising activity. The organization’s flagship annual charity event was held at the stretch of South Mumbai’s – Queen’s […]

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Ola Raises Rs 400 Cr For its Electric Mobility Plan

This was the first round of investment for Ola Electric, which reportedly is running several pilots to deploy electric vehicles and charging solutions. Ola Electric Mobility, the company backed by Indian car aggregator Ola, announced on Friday that it has successfully raised Rs. 400 crores (roughly $56.4 million) in a funding round led by several […]

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OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund

The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […]

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Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy

Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […]

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NATIS Floats Tender For EV Testing Infrastructure

The last date of bid submissions is February 21, 2019. NATRIP Implementation Society (NATIS), an autonomous body constituted by the Ministry of Heavy Industries and Public Enterprises to implement National Automotive Testing and R&D Infrastructure Project (NATRIP), has issued a tender for setting up testing infrastructure for electric vehicles at seven locations. The brief scope […]

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Poland Aid to LG Chem EV Battery Plant Gets EU Approval

The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […]

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India’s First All-Electric Taxi Fleet BLU-SMART Launched In Delhi NCR

Blu-Smart is India’s first on-demand mobility platform that will be multi-modal, artificial intelligence based providing pollution free smart mobility solution Bringing a new concept to the capital, Gensol Mobility, a Maharashtra based company has launched an all-electric cab service In Delhi-NCR area. This is India’s first all-electric cab services ‘Blu-Smart’. Gensol Mobility, part of the Gensol group, […]

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