Results for NTPC Limited’s auction to develop 3,000 MW firm and dispatchable renewable power (FDRE) from inter-state transmission system (ISTS) connected projects, tranche II, have been announced.ABC Cleantech (Axis Energy) and ACME Cleantech Solutions have won 300 MW and 54 MW by quoting Rs 4.64 per kWh and Rs...
Mahindra & Mahindra has revealed the signing of a MoU with Adani Total Energies E-Mobility Limited, in a significant step towards expediting the uptake of electric vehicles (EV) in India. This partnership marks a substantial stride towards forging a greener, more sustainable future, in line with India’s ambitious climate...
The Ministry of Power (MoP) has released operational guidelines for a programme worth Rs 94 billion. This initiative aims to offer viability gap funding (VGF) of up to 40 per cent to facilitate the development of 4,000 MWh of battery energy storage systems (BESS) capacity nationwide. The initiative will...
The Ministry of New and Renewable Energy has announced that Indian prime minister unveiled the PM Surya Ghar Muft Bijli Yojana programme, aimed at providing free electricity through residential rooftop solar installations. With an investment exceeding Rs 750.21 billion, this programme seeks to provide electricity to 10 million households....
The European Investment Bank (EIB) has granted a green loan worth €700 million to Iberdrola. The loan is granted to expand the electricity distribution network in Spain. EIB Director General for EU Operations and Iberdrola Chief Finance, Control and Corporate Development Officer inked the loan’s first €500 million tranche...
Established in 2012, the Cordoba plant is dedicated to the production of powertrains for on-road and off-road vehicles, agricultural and construction machinery, and power generation sets.Its two assembly lines produce the medium-sized NEF range together with the Cursor 9, 10, 11 and 13 heavy engine versions, with engine number...
Octopus Energy’s generation arm has purchased a 50 per cent share of the German renewable energy company Lintas Green Energy. Reportedly, the move broadens the company’s national reach and accelerates the expansion of the Oldenburg-based green energy provider. The Octopus Energy Sky fund investment makes it easier to build...
Avaana Capital has announced that the Green Climate Fund (GCF) has sanctioned a significant $24.5 million investment in its climate and sustainability fund. The Avaana Capital’s climate and sustainability fund, valued at $120 million, of which $24.5 million is contributed by GCF, is promoting climate innovation and sustainability initiatives...
New Delhi/Gurugram : Exicom today announced its partnership with the Delhi Toofans volleyball franchise, for the highly anticipated Season 3 of RuPay Prime Volleyball League 2024. Through this partnership, Exicom logo will proudly feature on the Delhi Toofans team jerseys, marking Exicom's commitment as an Associate Sponsor for the...
New Delhi - The Lucknow Kaushal Mahotsav Rozgar Mela, held at Lucknow University on March 9th and 10th, 2024, has drawn to a successful close, leaving a significant impact on the employment landscape of Uttar Pradesh. Organized with the aim of addressing unemployment challenges and fostering economic growth, the event...