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Mahindra Group

As Range Anxiety Recedes, Enter Charging Anxiety For EVs In India

Personal mobility solutions are increasingly about clean, mean electric machines. In India, that means big, bold, and beautiful electric crossover vehicles and SUVs offering the latest in battery tech, safety tech, and comfort tech that promise to go longer and higher on a full charge. As EV Range Improves… More importantly, improving batteries and battery […]

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Indian Renewable Energy Lending Up By 60%, Says CFA Report

The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […]

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Rajasthan Investor Summit 2024 Attracts High Renewable Commitments

At the Rajasthan Investment Summit 2024 in New Delhi, 17 major companies signed MoUs (Memorandums of Understanding) to invest a massive Rs. 8 lakh crore across various sectors, focusing on renewable energy, oil and gas, logistics, and infrastructure. In the energy sector, Tata Power, NHPC, Avaada Group, and Jindal Renewable Power all committed to building […]

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NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit

NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […]

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Suzlon Appoints Gurpratap Boparai As Its New CEO (Manufacturing)

Indian Wind Energy Company Suzlon Group has appointed Gurpratap Boparai as its new Chief Executive Officer (CEO)-Manufacturing Bussiness. The wind turbine generator manufacturer submitted the details of his joining before the BSE its filings.  Boparai joined the Pune-based company from July 1. Suzlon said that the newly inducted CEO (manufacturing) has expertise in market launches, […]

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Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […]

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Tata Motors To Manufacture EVs in Sanand Factory From Coming April

Starting April this year, India’s EV giant Tata Motors is set to initiate the production of electric vehicles at the Sanand plant in Ahmedabad, Gujarat, that it had acquired from Ford India. The EV facility, obtained by Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, for Rs 725.7 crore in January 2023, will […]

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Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited

Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […]

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9 EV Financing Startups in India Accelerating EV adoption

The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […]

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