Maruti Suzuki and Toyota Group’s have created the first major, scientific auto-scrapping unit in India at NOIDA near Delhi. The factory can disassemble and recycle 24,000 vehicles per year, and has been constructed at a cost Rs 44 cr. ““Till now there was no scientific, clean and healthy way to dispose a car at its […]
RattanIndia Enterprises, led by IndiaBulls founder Rajiv Rattan, has announced plans to open Revolt electric bike showrooms in 60 new cities by early next year, which will take the total number of showrooms to 75. These new cities include Kolkata, Chandigarh, Lucknow and the national capital. The current crop of showrooms are located in Bangalore, […]
Tata Power said it has commissioned a 150 million watt solar plant at Loharki in Rajasthan that will produce around 350 million units of power per year. The power will be supplied to Tata Power’s distribution arm. The estimate of 350 million units indicates a comparatively high efficiency of output. A 150 million power solar […]
Gravita India Limited, a fast-growing Indian company in the area of recycling, said it has almost quadrupled the capacity of its lead recycling plant at Chittoor in Andhra Pradesh. With this, the company expects to increase its revenue by around Rs 150 cr per year. At the current run rate, that works out to around […]
Construction giant Larsen & Toubro sait it has sold its 3 x 33 MW hydroelectric power plant in Uttaranchal to Renew Power Private Ltd for Rs 985 cr. It said the move is aimed at allowing the company to become a more asset light organization and improve shareholder value. “This development is a significant step […]
Reliance Industries, India’s largest private sector company, has announced a Rs 370 cr bet on a technology that aims to rival the dominant Li-ion technology for stationary and large-scale applications. The company has invested $50 mn in a US-based startup, Ambri, to in exchange for an unspecified stake in the company. Ambri, which started out […]
Hero MotoCorp, which announced a partnership with Taiwan-based battery swapping company Gogoro, said its new range of e-bikes with swapping technology will hit the Indian market next year, possibly as early as Jan-Mar. Niranjan Gupta, Chief Financial Officer at the world’s largest two-wheeler maker, said the company is working on bringing out electric bikes that […]
India has a whopping 77.17 gigawatt of renewalble power generation capacity either under implementation or in the process of being allocated for implementation, according to data from the ministry of new and renewable energy, Government of India. This is equal to about 83% of India’s total renewable energy capacity of 93 GW in place as […]
Government of India has canceled or suspended the eligibility of thousands of non-government organizations to receive foreign aid in recent years, according to data from the ministry of home affairs, Government of India. The biggest cull came in 2019, when it removed 2,171 NGOs from the list of organizations eligible to receive funds from abroad. […]
Three people, allegedly part of a gang of poachers supplying game meat to customers during the COVID-19 lockdown, have been arrested in Kerala today. They were arrested from their homes at Pathanapuram in Kollam, following an inquiry into the death of an elephant. It was in early April that locals in the area alerted forest […]
A new study report by Centre for Science and Environment (CSE) finds that almost 70 per cent of India’s coal-fired power plants will not meet revised emission standards that come into effect in two years. The norms were set in December 2015 by the Ministry of Environment, Forest and Climate Change (MoEF&CC). “Even after seven […]
The National Disaster Relief Force or NDRF is holding a briefing on the leak of styrene gas from a plastic factor in Vizag in Andhra Pradesh. The video of the live briefing is below. You can also see the major bullet points summarizing the statements given by the NDRF and the NDMA in the briefing […]
Tata Power said its solar unit has got a Rs 1,505 cr contract to set up a 250 megawatt solar power plant for India’s largest power producer NTPC. The contract, the biggest ever to be received by the company from an external customer, has to be completed in 20 months. With this order, the order […]
Even as global leaders like Donald Trump call climate change a hoax, the Indian government said it expects the phenomenon to lead to more and more extreme weather events like floods and to hurt farm output. “Global Warming associated with the increase in concentration of green house gases in the atmosphere is one of the […]
Four organizations campaigning for justice on the Union Carbide disaster in Bhopal accused the central and the state governments of suppressing a study that could have been used by the victims to bolster their case in courts. In a press conference, the organizations said they were able to obtain a copy of a study conducted […]
Construction major Nila Infrastructures Limited said it has received a contract to build a public services building for Dholera Industrial City Development Limited (Dholera ICDL) at a cost of Rs 46.21 cr. The building, to be constructed in the Dholera Special Investment Region (Dholera SIR), has to be completed in 545 days, and is the […]
Ashok Leyland, flagship of the Hinduja Group, said it has received BS-VI emission norm certificates for all its heavy duty truck, ahead of the April 1 deadline for the switch over to the new fuel and emission standard. All of the company’s trucks with a rating of 16.2 tons or above have received certificates from […]
The ministry of environment, forest and climate change said it has issued detailed ‘terms of reference’ or ToR for the upcoming Satellite Town Ring Road or STTR connecting towns around Bangalore. There has been a lot of controversy over the impact of the 180 km road — which will connect surrounding areas like Krishnagiri, Hosur, […]
TVS Motor Co has launched a unique bike that could play a part in reducing India’s dependence on oil imports — a two-wheeler that runs on ethanol produced from plants instead of petrol. The TVS Apache RTR 200 Fi E100 has been priced at Rs 1.2 lakhs ex-showroom, and will be available in Maharashtra, Uttar […]
India has missed its solar power target by a whopping 58% in the year gone by, according to the latest numbers from the ministry of renewable energy or MNRE. India was supposed to add about 16,000 megawatt (16 gigawatt) of fresh solar power generation capacity in the year ended March 2019. However, it added only […]
