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The Top 5: Indian Cement Manufacturers & Their Efforts Towards Sustainability

The Indian Cement industry is the second-largest producer of cement in the world, while the Indian market is also the second-biggest consumer on the planet. The country had over 200 large cement producing plants and more than 360 small ones recording a turnover of around Rs 64,000 Crore in FY-20. With a massive and ongoing […]

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The Top 5: Steel Companies in India & Their Commitments to Reduce CO2 Emissions

The Iron and Steel industry is one of the most crucial parts of human existence. The development of any nation is directly linked to its steel consumption. The story is no different for India which is not only a consumer but also a significant producer of steel. Besides, producing 120 Million Tonnes (MT) of crude […]

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BluSmart raises $50 million to expand its electric car fleet

BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […]

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Maharashtra to Solarise Mhaisal Lift Irrigation Scheme

The Irrigation Department of Maharashtra Government has begun to bank on earnest use of renewable electricity to support irrigation for its farmers. In a first of its kind initiative in the state, the Mhaisal Lift Irrigation Scheme will be operated on solar energy. In the irrigation project, the water will be lifted from Krishna River […]

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Maharashtra invites bids for 325MW of wind energy supply

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued tender inviting bids for the supply of 325 MW of Wind Power on a Long Term basis. The exercise is being undertaken for intra-state wind power projects. According to the notification, the last date for bidding is kept at June 9, 2022. It says that the […]

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Badve Engineering, Israeli firm to make motors for electric vehicles

Badve Engineering Ltd – manufacturer of automotive components – has announced that the company is forging a strategic commercial alliance with Israeli startup EVR Motors to manufacture Trapezoidal Stator – RFPM electric motors within India for electric vehicles. The electric motor technology belongs to the Israeli firm and the manufacturing will be done collaboratively. Badve […]

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Solis Races To 2 GW Milestone In India

Solis has achieved a remarkable milestone of 2GW shipments in India. The number is remarkable for the sheer acceleration since 2020, besides the fact that for a large part of its existence here, it was focused completely on the commercial, industrial and rooftop segment, staying away from utility scale sales. A  recent study from a […]

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NHPC Awards Contracts For CPSU 1000 MW Solar Projects

Hydro energy major NHPC (National Hydroelectric Power Corporation), which had been allotted a 1000 MW Capacity Solar Power Project  in the Phase II, Tranche III auction back in September 2021, has finally completed the award of contracts for the project. NHPC had won with a Viability Gap Funding (VGF) of Rs. 44.90 Lakh/MW in the […]

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SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit

In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […]

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