SUBSCRIBE NEWS LETTER

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NITI Aayog Proposes Penalty of Rs 12,000 on Polluting Vehicles

NITI Aayog is making use of the ‘polluter pays’ principle to justify this levy of Rs 12,000 on every new purchase of petrol and diesel vehicles. With a motive of raising funds for incentivising electric vehicles, the government is mulling imposing a fee on the purchase of new petrol and diesel cars. The government is […]

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Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems

The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […]

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Magenta Power Installs its First EV Charging Station in Bangalore

The charging stations shall be equipped with the ChargeGrid App which will show the availability of chargers along the route, coupled with their status at an individual socket level. Magenta Power, a renewable energy service provider, has installed its first electric vehicle charging station in Bangalore, exclusively for the Mahindra Treo Electric 3-Wheeler. The charging […]

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Viz-A-Viz with Anshul Gupta, Director, Okaya Power Pvt Ltd

Q. What are the initiatives Okaya has taken in contributing towards India’s clean and green energy initiative? Okaya is working continuously to introduce new technologies in Solar energy storage segment and contribute towards the country’s clean and green energy initiatives. Use of solar energy has become more main stream after the launch of the government’s […]

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Govt Extends FAME-I for 6 Months; Withdraws Conventional Battery Vehicles Sops

The Heavy Industries Ministry said in a statement that, incentives in the remaining period of the scheme shall only be available for registered vehicles. In a bid to promote electric and hybrid vehicles, the Government of India has extended the first phase of the FAME-India scheme by another 6 months till March 31, next year. However, it […]

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PM Modi to Launch FAME India II on September 7

The 1st phase of FAME India scheme came into effect on 1st April 2015 in order to incentivize the mass adoption of electric/hybrid vehicles and to support hybrid/electric vehicles market development and manufacturing eco-system. Enhancing India’s approach towards the use of hybrid and electric vehicles, PM Narendra Modi will launch the 2nd phase of FAME […]

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Magenta Power Announces India’s First EV Charging Corridor ‘ChargeIn’

This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, Lonavala. Renewable energy solutions provider Magenta Power has announced India’s first EV charging Corridor- ChargeIn at Mumbai-Pune Expressway​. This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, […]

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Rico Autos foresees Rs 2,000 crore turnover by 2020

Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […]

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Delhi Govt to Run 1,000 Electric Buses to Curb Air Pollution

Further, the move is in-line with the Delhi government’s 2018-19 Green Budget aimed at fighting against air pollution, as it had planned to reduce 20.9 lakh metric tonne CO2 and PM 2.5 by 503 MT. Cabinet approves hiring of consultant to run 1000 electric buses in Delhi. A big step in modernizing Delhi’s transport sector […]

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