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Auto Component Hub Thailand Plans EV Package

The Thai cabinet is considering tax cuts and subsidies to boost Thailand’s EV market. The idea is clear. To ensure that the South East Asian country remains a hub for component manufacturing, even as the era of ICE vehicles ends over the coming decade and more.  The move comes even as Thailand faces a fresh […]

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Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL

India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […]

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Rajasthan Discom Issues Tender Under PM-KUSUM (Component-A)

In a bid to expand the growth of solar power under PM-KUSUM, the Ajmer Discom, Ajmer Vidyut Vitran Nigam (AVVNL) has issued a tender, inviting proposals from interested applicants to set up decentralized solar power plants with capacities from 0.5 MW to 2 MW, to be connected to 33/11 kV substations as identified by Ajmer […]

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PM KUSUM: Rajasthan DISCOM Invites Participation Under Component C

Rajasthan  DISCOM Jaipur Vidyut Vitran Nigam Limited (JJVNL), in its latest tender, seeks to implement feeder-level solarization under Component C of PMKUSUM. This component involves ground-mounted solar installations, where land cost is the second most significant expense after solar PV panel costs in the total project budget. The last date for bids submission till 2nd […]

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Sr. Engineer Heating & Cooling System Components

As a Senior Engineer, you will have opportunities to work in projects ranging from advanced engineering to start cost level of projects. Responsible to design and develop components related to Heating & Cooling system Opportunities to take up Engineering task leader &/ Component owner role for some of Cooling components like Cooling package, e-Viscous Fan, […]

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Thailand, India Can Pose Challenge To China’s EV Market: Report

Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario.  The Bloomberg […]

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Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility

Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […]

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UP Identifies 195 Acres Of Land To Setup Solar Plants Under PM-KUSUM

In its latest notification, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) listed a total identified land of up to 195 acres under the PM-KUSUM scheme. The department said that this land parcel, owned by the government’s farmers in some places, could be diverted for setting up grid-connected solar power plants under the […]

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