Union Minister of Road Transport and Highways & Micro, Small and Medium Enterprises (MSME), Nitin Gadkari on Monday said that the Central Government was aiming at creating core global competencies in India by facilitating the seamless integration of the local automotive industry with the world. In this direction, it was attempting to create an ecosystem to accelerate the uptake of electric vehicles in the country.

Competition Commission of India (CCI) has approved the acquisition of Orix Wind SPVs by Greenko Energy Holdings (GEH) from ORIX Corp. and equity stake in GEH by Orix under Section 31(1) of the Competition Act, 2002, on Thursday.

Sanjay Malhotra, a 1990 batch officer of the Indian Administrative Service (IAS)’s Rajasthan cadre has assumed charge as Chairman & Managing Director, the Navratna non-financial banking company (NBFC) REC Ltd with effect from November 9. The Appointments Committee of the Cabinet (ACC) had approved Malhotra’s appointment.

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to introduce the production-linked incentive (PLI) scheme in ten key sectors.

The construction arm of Larsen & Toubro has secured orders from prestigious clients for its heavy civil infrastructure and power transmission & distribution business.

Siemens Energy has announced that it will discontinue the support for the development of new coal- fired power plants but will continue to offer bridging technologies like gas-fired plants and components for efficient combined heat and power (CHP), waste heat and biomass co-firing projects as also continue its CO2-reducing service and solutions business.

The infrastructure engineering software company, Bentley Systems Inc. has announced the establishment of Bentley iTwin Ventures to invest in promising technology companies addressing the emerging opportunity for infrastructure digital twin solutions for roadways, railways, waterways, bridges, utilities, industrial facilities and other infrastructure assets.

One of the leading providers of comprehensive environment management services in Asia, Ramky Enviro Engineers Ltd (REEL) has launched southern India’s first waste-to-energy plant.

Ministry of Power has said that it had mandated that all electricity distribution companies would be brought under the ambit of the Electricity Conservation (EC) Act.