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Odisha Govt Partners with GAIL to Develop Green Projects

The Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) and Gas Authority of India Ltd (GAIL) on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar / wind) for the production of eco-friendly fuels in Odisha. Odisha, being a power surplus state, […]

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IEX December Updates- Drop in Green Market, REC Volumes

The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […]

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Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets

Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […]

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EU Leaning Towards Controversial Move To Label Gas, Nuclear ‘Green’

The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The decision is widely blamed on the continent’s high dependence on gas, and a controversial decision by key member countries, especially the UK and […]

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EV Mfr Greaves e-Mobility to Launch New Products Post Strong Dec Sales

Major EV manufacturer Greaves Electric Mobility, an arm of Greaves Cotton Ltd, is working on a new set of products, which will include a high-speed electric scooter and an electric three-wheeler cargo vehicle, according to media reports. Two and three-wheelers make about 84 per cent of the Indian last mile mobility segment. With the establishment […]

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French Infra Major VINCI Completes Buy of Spanish Energy Firm Cobra IS

French concessions and construction company VINCI has completed the acquisition of Spanish construction major ACS’s energy business, Cobra IS, following an agreement signed between the two companies in April last year. The move also adds a fresh, stronger player in the EPC end of the global renewables sector in the form of the stronger entity […]

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Chinese Firm Leases Jack-up Vessel that can Install 20MW Wind Turbines

Huadian Heavy Industries (HHI) has signed a charter agreement for a jack-up vessel that will be able to install wind turbines of up to 20MW. The company is one of China’s largest offshore wind EPCI contractors. According to HHI’s announcement of the charter agreement on the Shanghai Stock Exchange, the vessel that the company will lease […]

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ETO Motors to Set Up Over 2500 EV Charging Stations in Delhi-NCR

E-mobility solutions provider ETO Motors has joined forces with BSES and Tata Power DDL to set up around 2,000-3,000 EV charging stations in the next 2-3 years. Based in Hyderabad, the company is an electric vehicle manufacturer, fleet operator and a charging infrastructure provider. ETO Motors is currently operational in Hyderabad, Delhi, Bangalore, Noida, Nagpur, […]

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NTPC’s 3 GW Renewable Plus Storage Tender Plan Signals Major Hybrid Push

Agency reports have quoted a senior official at NTPC Renewable Energy Ltd. (NREL) as saying that the firm will float tenders for a 3 GW renewable project by February 2022. The news follows a flurry of announcements regarding the power majors renewable arm, from plans to hive it off to the search for a strategic […]

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