Production Linked Incentive Program for EV and Auto Component Manufacturing Approved
The Union Government has notified the Production Linked Incentive (PLI) program for automobile and auto components after approving it recently. The PLI program aims to encourage the industry to make ...
CESL Invites Bids from OEMs for 100,000 Electric Three-Wheelers
Convergence Energy Services (CESL), a wholly-owned subsidiary of Energy Efficiency Services (EESL), has issued a tender to procure 100,000 electric three-wheelers (E3W). A request for proposals (RfP) has been issued ...
EESL Subsidiary to Empanel OEMs to Supply Electric Two-Wheelers in Goa
Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued an expression of interest (EoI) to empanel original equipment manufacturers (OEMs) to supply electric ...
Ola Electric Secures $100 Million Debt Financing from Bank of Baroda
Ola Electric Mobility and Bank of Baroda have signed one of the largest long-term debt financing agreements in the Indian electric vehicle (EV) industry. The ten-year debt of $100 million ...
Saudi-Based Alfanar Completes Acquisition of Wind Turbine Maker Senvion India
Saudi Arabia-based renewable energy projects developer Alfanar – has acquired 100% stake in wind turbine original equipment manufacturer (OEM) Senvion India from Senvion GmbH. The acquisition was made through Global ...
EESL Subsidiary to Empanel OEMs to Supply E-Rickshaws Across India
Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued an expression of interest (EoI) to empanel original equipment manufacturers (OEMs) to supply electric ...
India’s EV Financing Industry Projected to be $50 Billion by 2030: NITI Aayog
India's transition to electric vehicles (EV) will require a cumulative capital investment of $266 billion (₹19.7 trillion) in EVs, charging infrastructure, and batteries over the next decade, according to a ...
Central Electronics Invites Bids for Supply of 15 MWp of Multicrystalline Solar Modules
The Central Electronics Limited (CEL), a public sector enterprise, has invited bids for the supply of 15 MWp of multicrystalline solar PV modules. The modules are to be supplied to ...
Nemji Solar Plans to Start 1 GW Solar Module Manufacturing Unit Next Year
Nemji Solar, a new entrant into the solar industry has announced that it plans to start operating a 1 GW solar module manufacturing facility by April 2020. The Gujarat-based company ...
BESCOM Issues Tender to Set Up 100 EV Charging Stations
Bangalore Electricity Supply Company (BESCOM) has issued a tender for setting up 100 electric vehicle (EV) charging stations in and around Bangalore. The bid-submission deadline is February 20, 2019. All ...
EESL Scraps its Tender for 10,000 EVs Due to Non-Availability of Chargers for Luxury Cars
Energy Efficiency Services Limited (EESL), a joint venture of the public-sector units of the Ministry of Power and the Government of India, has scrapped the second tender to procure 10,000 ...
Suzlon Generates Revenue of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018
Domestic renewable energy project developer Suzlon has declared its annual financial results for the financial year (FY) of 2018. It also announced that it commissioned 626 MW of wind power ...
MNRE Proposes an Action Plan for Wind Turbine Generators to Obtain LVRT Certification
The Ministry of New and Renewable Energy (MNRE) has charted a course of action for wind turbine generators (WTGs) to follow in order to get low voltage ride through (LVRT) ...