Significant Employment Growth in Electric Vehicle Sector, Women At The Forefront: Report Updated On Tue, Jul 12th, 2022 by Saurenergy A new study by CIEL Human Resources Services has revealed that the employment growth in the electric vehicle segment in the past two years has been a staggering 108 per cent. As far as different trades of works are concerned, the report found that the engineering department was dominant in hiring. Thereafter, operation and sales, […] Read more
M&M Plans To Sell 2 Lakh EVs By FY-27 Updated On Mon, Jul 11th, 2022 by Saurenergy Automobile major Mahindra & Mahindra has recently announced the sale of 2 lakh electric vehicles as its target by FY-27. Its path towards electrification will include the diverse portfolio of five electric vehicles in the coming five years. Rajesh Jejurikar, ED, Mahindra & Mahindra said that the company is looking to invest about $1 billion […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
Microsoft Datacenter Batteries To Support Growth Of Renewables On The Power Grid Updated On Mon, Jul 11th, 2022 by Saurenergy Global software giant, Microsoft has announced that it will deploy its ‘grid-interactive UPS technology’ at the datacenter maintained by the company in Dublin, Ireland later in 2022. The objective is to demonstrate that these kinds of technologies can help decarbonize power grids across the world. Microsoft holds that the renewable energy from 400 wind farms […] Read more
Brazil Opens Up Lithium Market, Has Potential To Become World Leader Updated On Mon, Jul 11th, 2022 by Saurenergy The Brazilian government has recently issued an executive order relaxing the rules on Lithium exports and has the potential to become a global leader in the Lithium market. At present, Brazil accounts for only 1.5% of the global production of Lithium as currently only two companies are operational in the region- CBL and AMG Brasil. […] Read more
India’s First 100% Green Building Will Come Up In Hyderabad In March 2023 Updated On Mon, Jul 11th, 2022 by Saurenergy Hyderabad will earn a distinction in March next year when a first-of-a-kind 100 per cent green building will be set up at Mint Compound. It is quite appropriate that spread over 2,591 square metres, the green building will have the offices of State Renewable Energy Development Corporation Limited (TSREDCO), Super Energy Conservation Building Code (ECBC) […] Read more
BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment Updated On Fri, Jul 8th, 2022 by Saurenergy Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […] Read more
Chhattisgarh Has A New EV Policy, Announces SOPs To Develop State As EV Manufacturing Hub Updated On Fri, Jul 8th, 2022 by Saurenergy The Chhattisgarh government approved its electric vehicle (EV) policy on July 7 following in the footsteps of the states like Delhi, Haryana etc. The policy exempts the EV buyers from road tax and registration fee in an attempt to woo more people to purchase EVs and to relieve the tension arising from multiple hikes in […] Read more
Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion Updated On Fri, Jul 8th, 2022 by Saurenergy An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […] Read more
