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Solar Pump Mfr Shakti Pumps to Make Motors, Chargers for EVs

Shakti Pumps India on Tuesday (Nov 30) said it is making a foray into the manufacturing of motors, chargers, controllers and drives for electric vehicles, through a wholly-owned subsidiary. The company’s board recently approved the incorporation of a wholly-owned subsidiary to make a foray into the EV segment with the manufacturing of motors, chargers, controllers […]

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Government Finalises Sale Of CEL For ₹ 210 crore, Solar Biz Largest Component

The Centre on Monday (Nov 29) announced approving strategic disinvestment of Central Electronics Limited (CEL), a public sector enterprise (CPSE) under the DSIR, Ministry of Information and Technology. The sale has happened on the second attempt, after a previous effort in 2016 failed to bear fruit. “The Cabinet Committee on Economic Affairs (CCEA) empowered alternative […]

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