To promote the uptake of electric vehicles (EVs) in the country, the government is ready to amend the Electricity Act, 2003.
Allaying fears over adverse impact of proposed safeguard duty on solar equipment, Power and New & Renewable Minister R K Singh said that nothing can jeopardise India’s renewable energy target of 175 GW by 2022.
Electric vehicles powered with cent per cent renewable energy can help save close to Rs 40,000 in fuel cost annually — four times more than what was estimated earlier, says a new report.
Promising a major technological and modernisation upgrade at railways, Union Minister Piyush Goyal said there are plans to equip the entire rail network with Wi-Fi and CCTV system and foreign investors are welcome to participate in this growth story.
Economic Times reported that having a presence in the transport, infrastructure, renewables and the utility space, the Indian arm of Swiss capital goods company ABB is in a sweet spot.
At least four firms, namely Greenko Group, Tata Power, Adani Group and Torrent Power, have evinced interest in acquiring Central Electricity Supply Utility of Odisha (CESU), said two people aware of the development.
Railways has decided to run a weekly special train between Jaynagar and Anand Vihar (Delhi) from April 1 to June 20 to cope with the rush of passengers during the summer.
Several stations under Danapur division of east central railway (ECR) will soon be equipped with solar panels.
Union minister Piyush Goyal on Tuesday said 80 per cent of India’s population does not own a vehicle as yet and he would want their first vehicle to be electric.
In a bid to cut travel time and provide a comfortable journey to its passengers, the Indian Railways is reportedly all set to introduce a world-class train in the country by June this year, and another by 2020.