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TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions

Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […]

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Jindal Acquires Earth Energy EV in a bid to enter EV market

Jindal Worldwide has announced that it has acquired Mumbai-based EV startup Earth Energy EV through one of its subsidiaries – Jindal Mobilitric. The acquisition also marks the entry of Jindal Worldwide into the electric vehicle sector of India. The financial details of the deal are yet to be disclosed. The official statement of Jindal Worldwide […]

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Mumbai Gets its First Solar Powered EV Charging Station by ATUM

Mumbai – the economic hotspot of the country – has got its first electric vehicle charging station which is fully powered by solar power panels on the roof of the superstructure. The announcement has come from ATUM which is setting up the charging station – ‘ATUM Charge.’ ATUM belongs to Visaka Industries which provides EV […]

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Tata Power bags EPC Contract For 1000 MW Solar Project From SJVN

State owned renewable energy developer SJVN has awarded the development of a 1000 MW solar power project in Bikaner district of Rajasthan to Tata Power. SJVN has issued a Letter of Award (LoA) for engineering, procurement and construction (EPC) contract to Tata Power Solar Systems Limited. The upcoming 1000 MW solar power project will be […]

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Tata Power Renewables commissions 120 MW solar project in Gujarat

Tata Power Renewable Energy has commissioned a 120 MW solar project in Masenka, Gujarat. Tata Power Renewable Energy Limited (TPREL), a 100 per cent subsidiary of Tata Power, has commissioned the solar project, which will produce 305247 MWh annually for Gujarat Government (GUVNL), a company statement said. In the installation, approximately 3.81 lakhs modules were […]

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Tata Motors emerges lowest bidder for electric buses in CESL tender

Tata Motors has emerged as the lowest bidder in the mega tender for 5,450 electric buses floated by Convergence Energy Services Ltd (CESL) under the remodelled FAME II scheme, the government said on Tuesday. Discovered prices of the Grand Challenge tender are between 15 per cent and 48 per cent lower than the price discovered […]

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Tata Motors will supply 5000 electric vehicles to Lithium Urban Technologies

Tata Motors has agreed with Bengaluru-based and Eversource Capital owned Lithium Urban Technologies which will deploy 5000 Xpres T Electric Sedans throughout India for the transportation of employees. Lithium Urban Technologies provides urban transportation services but only with electric vehicles. Tata Motors has informed that the deliveries of the electric vehicles will be done in […]

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Tata Power Renewables to get Rs 4,000 crore Investment from BlackRock, Mubadala

Tata Power Renewable Energy Ltd has raised Rs 4,000 crore to build a comprehensive platform to achieve its renewable sector ambitions in India. In a statement filed with exchanges, it has shared that a binding agreement has been signed by Tata Power and the BlackRock Real Assets-led consortium under which BlackRock will invest in Tata […]

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Rajasthan at 2nd position in achieving rooftop solar power target

Rajasthan is at No. 2 position in achieving the target for implementing rooftop solar power projects in the country, according to recent media reports. Gujarat, which was given a target of 3200 MW, has achieved 54%, while Rajasthan has set up 33% of the allocated 2300 MW capacity. In terms of capacity by February 2022, […]

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