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KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India

The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […]

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Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report

A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […]

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ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya

ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […]

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Andhra Pradesh Planning to Install 400 EV Charging Stations

The state government of Andhra Pradesh has decided to set up 400 electric vehicle (EV) charging stations across the state. The state government of Andhra Pradesh, in an attempt to promote the adoption of electric vehicles (EV), has decided to set up 400 electric vehicle charging stations across the state. And the TNN reports that […]

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Total Portrays Resilience in Third Quarter Results

Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020 financial statements. On this occasion, Patrick Pouyanné said: “After a second quarter in which the Group faced exceptional circumstances with oil prices falling below $20/b and a very strong slowdown of […]

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Okaya Completes Installation of Over 500 EV Chargers, has Orders for 10,000 More

Okaya Power has completed the installation of over 500 EV chargers and has over 10,000 charger installation orders with it as well. Energy storage solutions provider Okaya Power has announced that it has completed the installation of over 500 EV chargers for electric vehicles across the country. Besides this, the company has revealed that it has over […]

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RECs Trading to Resume on Nov 25, After 4 Month Break

APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […]

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IOCL Signs MoU With IISc to Develop Hydrogen Generation Tech

IOCL has signed an MoU with IISc Bangalore to develop and demonstrate biomass gasification-based hydrogen generation technology. The Indian Oil Corporation (IOCL), the largest fuel retailer in India, has announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation […]

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Tata Power’s DSM Program Saves 6 GWh in Mumbai Distribution in FY20

Tata Power’s Demand Side Management (DSM) program in Mumbai is a multi-dimensional, holistic and technology-driven approach with a focus on capacity building of the consumers towards energy management. DSM initiatives have always been unique offerings from the Utility considering that they always work behind the meter i.e. for end-user energy management. The firm started in […]

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