December 3, 2024
Coal India (CIL) and Bharat Petroleum Corporation (BPCL) have signed a non-binding memorandum of understanding (MoU) to evaluate the feasibility of a coal-to-synthetic natural gas (SNG) project at Western Coalfields (WCL). The initiative will employ surface coal gasification technology to convert coal into SNG. Surface coal gasification involves chemically transforming coal into synthetic natural gas, […]
December 3, 2024
Waaree Energies Ltd. has secured orders for 524 MWp of solar photovoltaic (PV) modules, with deliveries scheduled across the fiscal years 2024-25 and 2025-26. The orders, totaling 364 MWp and 160 MWp, are from renewable energy developers and operators within India. These contracts follow earlier orders for 600 MWp and 180 MWp solar modules in […]
December 3, 2024
Kinetic Communication Limited has inaugurated a new motor manufacturing facility in Chinchwad, Pune, and introduced a motor kit for electric three-wheelers during its e-POWERSHIFT Sales Meet. The 3,000-square-meter facility is equipped to produce Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM) for two-, three-, and four-wheelers. It includes dedicated assembly lines for key components […]
December 3, 2024
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project at Neemuch, Madhya Pradesh. The project, covering 1,635.63 acres, utilizes single-axis trackers and bifacial modules, which are expected to enhance system efficiency by over 15%. Deepesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Limited, […]
December 3, 2024
Danfoss India has announced an additional ₹500 crore investment to enhance its local manufacturing capabilities for heating, ventilation, air conditioning, and refrigeration (HVACR) compressors and controls. This initiative is part of the company’s strategy to reduce import dependence, strengthen the local supply chain, and meet the rising demand in the Indian refrigeration and air conditioning […]
December 3, 2024
Vadodara Municipal Corporation unveiled development projects worth ₹616.54 crore during a ceremony attended by Gujarat Chief Minister Bhupendra Patel. Among the key initiatives is the construction of a new overbridge to replace the Alkapuri railway underpass, addressing a long-standing transportation challenge in the city. The event, organized as part of Vadodara’s “Vikas Utsav,” included the […]
December 2, 2024
Sterling Tools Limited, through its wholly owned subsidiary Sterling Tech-Mobility Limited, has entered a technical collaboration with Zhejiang Meishuo Electric Technology Co., Ltd., China. The partnership aims to manufacture latching relays in India for applications in the energy sector, industrial grids, and consumer appliances. The collaboration includes an initial investment of ₹20 crore for setting […]
December 2, 2024
Exide Industries has invested ₹99.99 crore in its wholly-owned subsidiary, Exide Energy Solutions (EESL), through a rights issue, bringing its total investment in the company to ₹3,052.24 crore. The investment retains Exide’s 100% ownership of EESL and supports the subsidiary’s ongoing projects, including a greenfield manufacturing facility in Bengaluru. Established in March 2022, EESL focuses […]
December 2, 2024
KEC International has announced new orders worth ₹1,040 crore in its Transmission and Distribution (T&D) segment, secured from international markets. The orders include contracts for supplying towers, hardware, and poles to clients in the Americas and constructing 220 kV transmission lines in the Commonwealth of Independent States (CIS) region. The company reported that its year-to-date […]
December 2, 2024
Hinduja Tech, a mobility-focused engineering and R&D subsidiary of Ashok Leyland, has acquired TECOSIM Group, a European company specializing in virtual validation and body engineering. The acquisition is part of Hinduja Tech’s strategy to enhance its service offerings and strengthen its presence in the European market. TECOSIM employs over 650 professionals across the UK, Germany, […]