SUBSCRIBE NEWS LETTER

india

Yokogawa Enters Investment & Collaboration Agreement with Startup Ideation3X

Yokogawa Electric Corporation has announced that it has made a US$10 million Series B investment in Ideation3X Pte. Ltd. (i3X), a Singapore-based venture company that is targeting the rapidly expanding integrated solid waste management (ISWM) sector in India with a process that adopts a circular economy approach. Founded in 2017, i3X has been backed since […]

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HPX Concludes 1st e-Reverse Auction

Hindustan Power Exchange Ltd. (HPX), India’s third power exchange that counts PTC India Ltd, Bombay Stock Exchange, and ICICI Bank among its key backers has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways on February 12. The exchange simultaneously logged its highest single day volume of 36.18MUs. The first […]

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Borosil Renewables FY23 Q3 Results- Sales Stagnate, Third Furnace Goes Online

Solar glass manufacturer Borosil Renewables has reported its Q3 results for FY23. Sales have stagnated, with the company reporting total income of Rs. 170.9 crores during the period ended December 31, 2022 as compared to Rs. 171.3 crores during the period ended September 30, 2022. However, with the new furnace SG3 started during January, the […]

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ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas

NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm’s transition from being just an energy player to a firm seeking […]

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CERC Grants Extension of Time for Drawal of Start-Up Power to NTPC

The CERC has given its green signal to a petition filed by NTPC seeking permission to allow drawal of start-up power for Unit-I (800 MW) of Telangana Ph-I (2X800 MW) from the grid beyond the period of fifteen months (after 15.2.2023). NTPC shared that the Telangana (steam-based thermal power station) STPS consists of two units […]

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CIP Will Invest EUR 8 Billion In Offshore Wind Project In Portugal

The Copenhagen Infrastructure Partners (CIP) has said it looks to invest EUR 8 billion in a mega offshore wind energy project in Portugal. According to reports, a spokesperson from the Denmark-based fund management firm CIP held that it will go for multi-billion investment in the Nortada offshore wind energy project. The wind project will be […]

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Employment in Solar & Wind Sector Rises Eight-Fold, New Study Points

A joint report by three think tanks has revealed that the solar and wind energy sectors in India have added 52,700 new workforce in project development roles in the last financial year. This marks an eight-fold jump in the employment in this segment from financial year 2021. The new study is done by the Council […]

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MG Motor Joins Hands with BPCL to Install 12 EV Charging Stations on Delhi-Jalandhar Highway

Automotive firm MG Motor India inaugurated 12 DC fast charging stations for EVs on the Delhi-Jalandhar corridor in partnership with Bharat Petroleum Corporation Limited (BPCL). The first MG Motor-BPCL fast-charging highway corridor will have the charging points installed at approx. every 100 Kms  on both sides of this busy highway. The strategic partnership between MG […]

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