The electric vehicles (EV) market in India is set to see the entry of a flurry of new players of foreign origin and home-grown start-ups in the two- and three-wheeler segments, even as the established Indian automobile firms such as Hero MotoCorp,
India installed a record 10 gigawatts (GW) of solar electricity capacity in 2017-2018, twice the rate logged in the previous year and nearly double the country’s entire solar base, the US-based Institute for Energy Economics and Financial Analysis said.
Nepal has granted an Indian government-owned subsidiary the power generation licence from a 900-megawatt hydropower project, days ahead of Prime Minister Narendra Modi’s two-day visit to the country from May 11.
US-based Hyperloop Transportation Technologies (HTT) today presented a pre-feasibility route study to Andhra Pradesh officials proposing a Hyperloop transport system with a length of 700-800 km from Anantapur in the south to the port town of Visakhapatnam in the north of the state while connecting the new capital Amaravati in the center.
Homegrown electric vehicle technology company Artem Energy Future today announced its plans to develop an electric scooter named Artem M9.
The power ministry’s efforts to ease stress in the sector may fall short of expectations because the scheme it has made has more risks than benefits for generators, industry executives say.
Marketing margins of oil companies have come under severe pressure with the government freezing the daily revision of petrol and diesel prices ahead of the Karnataka polls.
Castrol India dipped 7% to Rs 181 on the BSE in early morning trade after the company reported single digit 2% year-on -year growth in net profit at Rs 1.82 billion in March quarter (Q4FY18), due to sharp rise in input costs.
Lenders will get 7.6 per cent stake in Jharkhand-based steel mill Electrosteel if Vedanta’s bid to take over the company goes through.
A subsidy scheme for promoting solar power equipment manufacturing is awaiting approval of the finance ministry while another one that offers assured power offtake to manufacturers is embroiled in World Trade Organisation (WTO) regulations.