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University of Birmingham Teams up with ARAI on Transport Research

The University of Birmingham and ARAI have signed an MoU agreeing to identify joint research interests in the transport sector including EVs. The University of Birmingham and The Automotive Research Association of India (ARAI) based in Pune, India, have signed a Memorandum of Understanding (MoU) agreeing to identify joint research interests in the fields of […]

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State-Owned and Private Discoms on two Ends of the Spectrum: ICRA

The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […]

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Average Rural Power Supply Duration has Increased to 18.5 Hours

RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in 2019-20. Addressing the Power Ministry Parliamentary Consultative Committee in a meeting, Power Minister RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in […]

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COGOS to Deploy 1000 EVs in its Logistics Fleet, Partners With Altigreen

Intra-city logistics company, COGOS has announced its partnership with Altigreen by deploying 1000 EVs in its fleet, a step to further strengthen its commitment towards electric mobility in the country.  The partnership has materialised at an opportune time as the budget 2021 and the later impositions of green tax and new scrap policy, extensively showed […]

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Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects

Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […]

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PAT Cycle-II has Resulted in CO2 Emission Reduction of 70 MT: RK Singh

RK Singh in appreciation of the implementation of PAT Cycle – II, said that it has resulted in CO2 emission reduction of about 70 MT With an objective to accelerate Energy Transition in industrial sectors, Union Minister for Power, New and Renewable Energy RK Singh, recently chaired an interaction session with top management of energy-intensive […]

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Flipkart to Deploy 25,000 EVs in Supply Chain, Partners with EV Manufacturers

India’s homegrown e-commerce marketplace, Flipkart today announced that it is going to deploy more than 25,000 electric vehicles (EVs) by 2030. This initiative has been taken up to achieve its commitment to transit its logistics fleet into EVs and help set up charging infrastructure around delivery hubs and offices to fast track the EV adoption […]

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EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025

Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […]

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Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem

South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […]

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