In the last few years, there has been a huge growth in the production of Lithium ion batteries in India. We are now producing close to 0.1 Mn units of batteries per year catering primarily to two and three wheelers, says Samrath Kochar, Founder & CEO, Trontek. The acceptance of EVs seems to be picking...
Category: Power
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Godrej & Boyce bag Rs 468 cr order from NPCIL for PHWR project
Godrej & Boyce Manufacturing Company Ltd (G&B), a flagship company of the Godrej Group, has secured an order worth Rs 468 crore from the Nuclear Power Corporation of India Ltd (NPCIL) to supply steam generators for pressurised heavy water reactors (PHWR) project of 700 MW Godrej & Boyce Manufacturing Company Ltd (G&B), a flagship company...
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ReNew to acquire 99 MW L&T hydropower plant worth Rs 985 cr
Larsen & Toubro (L&T) has declared plans to sell its 99 MW renewable power plant in Rudraprayag, Uttrakhand, to ReNew Power, marking the entry of the Sumit Singh-led company into hydropower. Larsen & Toubro (L&T) has declared plans to sell its 99 MW renewable power plant in Rudraprayag, Uttrakhand, to ReNew Power, marking the entry...
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India, adynamic and scaled-up renewable energy market
Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group (GIG), specialising in the development, finance, construction and operation of both commercial & industrial (C&I) and utility-scale solar systems, across the Asia-Pacific region made an entry into the Indian market in September 2020. On February 10, Macquarie Infrastructure and Real Assets said that it has...
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Privatisation to Boost Tech and Distribution Efficiencies
Several structural reforms announced for the power sector in the Budget 2021-22 are steps in the right direction, says Sanjay Banga, CEO, Tata Power Delhi Distribution Ltd (TPDDL). Excerpts of the interview… What are your views on the Budget and how much has it addressed problems on the ground?All the three measures announced are a...
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Govt Focus on Mitigating Cash-Flow Stress and Reducing Theft
Power Distribution Reforms Even as the Centre puts in place a strategy to bring in efficiencies, energy sector observers believe that states will play hardball because electricity comes under concurrent list and state governments play an active role. In the backdrop of distribution companies’ dues having touched an all-time high and showing no signs of...