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Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked

The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […]

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IEX Power Trading Update for June 2022

The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments.  Owing to improved supply-side availability, the prices at the day […]

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ACME Green Hydrogen Will Invest Rs 52,474 Crore In Tamil Nadu

ACME Green Hydrogen and Chemicals Pvt. Ltd. will be constructing a green ammonia and green hydrogen manufacturing plant in Tamil Nadu with an investment of Rs 52,474 crore. The facility is planned for the port town of Thoothukudi. The Tamil Nadu government has signed 60 MoUs with many companies at the Tamil Nadu Investors’ First […]

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EV Batteries in 5% GST Bracket to Support Faster Adoption

The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […]

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Bihar Development Floated EOI Tender for Setting Up Manufacturing Unit

Bihar Renewable Energy Development Agency (BREDA) has floated a tender for the empanelment of manufacturers of Luminary, Battery, and Solar PV modules for setting up the Manufacturing Unit. BREDA invites the bids through Expression of Interest (EOI).  For participating in these Bihar Development tenders, the bidders need to fulfill the minimum eligibility criteria specified under […]

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Senior Manger- Electronics Industrilization Testing

Design and collaborate with  Test application software developer in  Test Station /Ni LabVIEW /Teststand  in accordance to the product designer test specification to meet the product specification ,capture the manufacturing process and customer requirements for 3phase UPS , AC Drives, Cooling Systems and Solar power products Final testing. Design Test application software in LabVIEW /Teststand […]

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EVIFY Raises Rs. 80 Lakh From Angel Investors to Accelerate Its EV Operations

EVIFY, Surat-based EV logistics startup, has acquired Rs. 80 lakh in a seed round from angel investors including We Founder Circle. This investment round’s funds will primarily be used for the company’s operational expansion, team building, and technology development. The startup has set its sights on reaching every corner of the country with green logistics […]

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Log9 Materials Showcases It’s Full EV Range At Expo

Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery)  is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […]

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