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India Should Focus on Full Value Chain of Solar Manufacturing: TERI

If India is to achieve its solar energy target of 100 GW by 2022, it should take up the full value chain of solar manufacturing, a new report has revealed. A new report has highlighted that if India is to achieve its solar energy target of 100 GW by 2022, it should take up the []

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eBikeGo to Launch Fleet of low Speed Scooters

eBikeGo, one of Indias first electric bike rental and delivery platform has announced the launch of its own fleet of low-speed electric scooters the DEXPRESS. eBikeGo, one of Indias first electric bike rental and delivery platform, has announced the launch of its own fleet of low-speed electric scooters the DEXPRESS. The low-speed scooters are enabled with []

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Ørsted Reports Strong Numbers for First Half of 2019

Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsteds Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of []

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Mahindra Plans More EVs This Year

The GST rate cuts have not only reduced the prices of electric vehicles but also spurred companies like Mahindra to plan more rollouts. Mahindra and Mahindra said that it is expediting some of its new electric vehicles projects and now wants to work on all new electric vehicles made for India. While interacting with the media at []

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Six More Cities Now Get EESLs Super-Efficient ACs

These ACs will undergo no de-rating even at 43oC, which leads to continuous effective cooling even at high temperatures up to 52 oC. After introducing first-of-its-kind super-efficient Air Conditioners (ACs) for Delhi consumers, the government-backed Energy Efficiency Services Ltd (EESL) has expanded this programme to six more cities i.e. Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai and []

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Sterling & Wilson Solar IPO Records 9% Subscription on Day 1

The IPO of Sterling & Wilson Solar was subscribed 9 percent on the first day of bidding on August 6, 2019. The initial public offer (IPO) of Sterling & Wilson Solar Ltd was subscribed 9 percent on the first day of bidding on August 6, 2019. The IPO through which the company plans to raise about Rs []

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NTPC Issues IFB for 20 MW Floating Solar Project in UP

NTPC has invited bids for the development of 20 MW floating solar power project at the reservoir of NTPC Auraiya Gas Power Plant in Uttar Pradesh. NTPC has issued an Invitation for Bids (IFB) from eligible parties for the development of 20 MW floating solar power project at the reservoir of NTPC Auraiya Gas Power []

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Anchor Investments Yield Rs 1,406 cr for Sterling and Wilson Solar

IPO bound Sterling and Wilson Solar has raised Rs 1,406 crore from anchor investments by allotting 1,80,28,846 equity shares Initial public offering (IPO)-bound Sterling and Wilson Solar Ltd has revealed that it has raised Rs 1,406 crore from 27 anchor investors by allotting 1,80,28,846 equity shares at the upper band price of Rs 780 ahead of []

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Tata Motors Betting Big on Electric Vehicles

The automaker has plans to unveil a new electric car this fiscal year. Tata Motors is working on electric vehicles for private buyers and will soon introduce a higher range of the Tigor EV and a new model by the end of this fiscal year, said Shailesh Chandra, president electric mobility business & corporate strategy []

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