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R.K. Singh: The 5 Point Checklist for 2020

Union Power Minister R.K. Singh will complete 3 years of his association with the Power Ministry on September 3 this year. 2020 could be the year that defines his tenure. Ever since his appointment as the Minister of Power (Independent Charge) in Prime Minister Narendra Modi’s cabinet, he has found himself in the idle of […]

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GE Power India Designates Mahesh Palashikar as Chairman

GE Power India Ltd (GEPIL), formerly known as Alstom India, has designated Mahesh Shrikrishna Palashikar as its Additional Director and Non-Executive Chairman effective from Wednesday i.e. May 27, 2020. Palashikar succeeded Vishal Keerti Wanchoo due to his retirement on attaining the age of superannuation. The decision of Palashikar’s appointment has been taken by the Board of Directors of the company during […]

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Biggest Fall in Global Energy Investments in History due to COVID-19: IEA

The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […]

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CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19

Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […]

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Siemens Gamesa Wins 30-Yr Deal for O&M of 226 MW Wind Farm in Australia

Spanish wind turbine manufacturer Siemens Gamesa has secured a 30 year, full scope operation and maintenance (O&M) services contract to service Senvion’s 61 wind turbines at the Murra Warra wind farm in Victoria, Australia. Significantly, the company’s know-how of Senvion technology will ensure performance continuity of Senvion’s most advanced onshore wind turbines powered at 3.7 […]

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KYB and REE Partner to Develop Next-Gen Modular EV Platforms

KYB and REE Automotive have announced a strategic partnership to develop suspension capabilities for future EV platforms. KYB Corporation (KYB) and REE Automotive (REE) have announced a strategic partnership to develop suspension capabilities for future electric vehicle (EV) platforms. According to the joint statement issued by the firms, automotive Tier 1 supplier KYB’s unparalleled semi-active […]

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Tata Power Posts Financial Results; Boosted by Renewable Business

Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […]

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EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF

Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […]

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GE Renewable Energy to Supply Turbines for 193 MW Project in Turkey

GE Renewable Energy has been selected by Fina Enerji to supply 52 of its 3 MW platform onshore wind turbines for four wind projects worth 193 MW in Turkey GE Renewable Energy has announced that it has been selected by Fina Enerji to supply 52 of its 3 MW platform onshore wind turbines for four […]

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