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Bengaluru Commuters May Travel on Electric Buses in 5 Years

The authority has started an electric bus in 2014 on pilot bases but shut the service citing high costs. In a bid to reduce the environmental pollution caused by worn diesel buses, state’s Deputy Chief Minister, G. Parameshwara has affirmed that the authorities will discontinue the use of all diesel buses over the next five […]

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Indian Gov’t to Seek RBI Relief for Stressed Power Cos

Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […]

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TMEIC Receives ‘Global Company of the Year Award 2018’

The firm selected TMEIC by market in areas such as Japan, the Asia Pacific and other areas globally and bestows Best Practice Awards annually to companies that have achieved outstanding performance in respective industries. Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)’s President & CEO, Masahiko Yamawaki received the 2018 Global Company of the Year Award in […]

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CEA Marks Peak Power Deficit for April-July at 0.9%

The report for peak power deficit has been projecting against the CEA’s forecast that said India would be a power surplus country by 2018-19 with energy and peak power surplus at 4.6 and 2.5 percent respectively. Central Electricity Authority (CEA) has asserted country’s peak power deficit at 0.9 percent and overall electricity deficit at 0.6 […]

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PFC Appoints PK Singh as Director-Commercial

Praveen had been placed as Executive Director- Projects and has worked in multiple units of the Projects division of the firm for over 24 years. State-run power sector lender, Power Finance Corporation (PFC) has appointed Praveen Kumar Singh as Director-Commercial of the company with effect from August 10. Before the director-commercial, Praveen had been placed […]

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EVs and Self-driving Cars Soon to Ply on Dubai Streets

The strategy involves both short-term plans and ‘urgent steps’ to be taken over the next 12 months, as well as long-term plans that look forward up to the year 2040. Dubai’s Roads and Transport Authority (RTA) has approved new testing standards for electric, hybrid and self-driving vehicles in order to contribute in the development of […]

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Mahindra Group Organizes Meet on India’s Ambition on Climate Change

The event had a panel discussion with Dr Ajay Mathur, Director General, The Energy Research Institute (TERI), Dr Arunabha Ghosh, Chief Executive Officer, Council on Energy, Environment & Water (CEEW) and moderated by Anirban Ghosh, Chief Sustainability Officer, Mahindra Group. Stepping up ambition on the climate related actions being taken by India, Mahindra group organized […]

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Gov’t May Single out PGCIL for 25 Power Transmission Contracts

The private sector has also alleged the government authorities behind the move for being biased towards the state-run PGCIL. The government is thinking of awarding 25 small and medium-sized power transmission contracts to the state-run Power Grid Corporation of India (PGCIL). A government official close to development said, “National Committee on Transmission has recommended that […]

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