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NMAMIT Team Transforms ICE Vehicle to Electric Vehicle

A team from the Department of Electrical & Electronics Engineering at the NMAMIT has transformed an ICE vehicle into an energy efficient Electric Vehicle. A team of students and teachers of the Department of Electrical & Electronics Engineering at the NMAM Institute of Technology (NMAMIT) in Karnataka have transformed a petrol-based internal combustion engine (ICE) […]

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PTC India Reports net Profit of Rs 100 Crore in April-June Quarter

PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […]

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India is Power Surplus, E-Mobility Solutions in Interest of the Country: Gadkari

Union Minister Nitin Gadkari believes India is power surplus so the benefits of e-mobility solutions are very much in the interest of the country. Union Minister for Road Transport and Highways, Minister of Shipping, and the Minister of Micro, Small and Medium Enterprises, Nitin Gadkari believes India is power surplus so the benefits of e-mobility […]

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Tata Motors Announces Monthly Subscription Model for its Nexon EV

Tata Motors has launched a subscription model for EVs, under which it is making available the Nexon EV at a fixed rental starting at Rs 41,900 per month. Tata Motors, one of India’s leading automobile manufacturers, has announced the launch of a first of its kind subscription model for electric vehicles (EV). Designed to make […]

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Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA

Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […]

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Slowdown in Power Generation Decline Seen as a Sign of Recovery

The rate of decline in power generation in the past few months have slowed down in July, this slowdown is being seen as a sign of recovery. According to data made available by government resources, the rate of decline in power generation in the past few months has slowed down in July. This slowdown is […]

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Rooftop Solar PV Vendors Empaneled at low rates in Chhattisgarh

State Price Beats MNRE Benchmark Cost In Chhattisgarh, vendors that provide services related to supply and construction of grid-connected rooftop solar PV projects have bid lower than the central benchmark costs in a empanelment tender for construction of rooftop solar PV projects under Phase-II of the Ministry of New and Renewable Energy (MNRE) rooftop program. […]

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Zoomcar Partners up With ETO Motors to Boost Shared E-Mobility

Zoomcar has partnered with e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will […]

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PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects

PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […]

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