Author: Saur News Bureau

FAME-II Aided Deployment Of 16.7L EVs In India: Govt

The Minister of State for Heavy Industries and Steel Bhupathi Raju Srinivasa Varma in a written reply before the Rajya Sabha today said that the FAME-II scheme aided in the deployment of 16 lakh Electric Vehicle (EVs) in India. The scheme earlier had helped the EV sector to expand with a hand-holding support to the […]

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Servotech Q1 Results- Revenue Grows 41% To Rs. 11,244 Lacs

Servotech Power Systems Ltd., a manufacturer of Electric Vehicle (EV) chargers, solar solutions, and power backup systems, has announced its financial performance for the quarter ended June 30, 2024 (Q1 Fy25) In its financial highlights, Servotech reported a strong YoY growth in consolidated total revenue by 41% in Q1 FY25, rising to Rs. 11,243.92 lacs […]

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Bright Future for Offshore Wind Power, But High Rewards Come with High Risks

Fossil fuels are a major contributor to global warming, prompting nations to seek alternative energy sources. As traditional energy sources like coal, oil, and gas are phased out, the world is looking to alternative energy sources to fill the gap. Wind power, in particular, is expected to take off. According to the International Renewable Energy […]

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Sunsure Commences Solar Power Supply To APL Apollo In UP

Sunsure Energy, the C&I focused renewable power producers  has announced the commencement of solar power supply to Apollo Pipes Limited and Apollo Metalex Pvt. Ltd., part of the APL Apollo Group , India’s largest producer of Structural Steel Tubes and Pipes. Sunsure will be supplying 10.5 million units of renewable energy annually to both the […]

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2024 Q1 Result: Battery Maker Exide Sales Rose 6%, Profit Grows 16%

Leading battery maker Exide Industries has reported a 6% increase in sales and a 16% rise in profit before tax for the first quarter of the financial year 2024-25.  Exide’s revenue from operations grew by 5.9% in Q1 2025, driven by volume increases across business verticals. Operating profitability also improved despite rising commodity prices. EBITDA […]

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