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Servotech Power Systems announces results for FY2022, revenue up 64% y-o-y

Servotech Power Systems Ltd. releases FY21-22 financial results, sees a 64% increase in revenue, 386% increase in profits, 41% growth in EBITDA, and an improved EPS of INR 2.15/share.

Natural Battery Technologies announces automotive safe batteries

Natural Battery Technologies have developed specialized LFP Batteries that can replace lead acid batteries, that are being currently used to start engines in scooter and motorcycles. The current lead batteries usually lasts 2-5 years when used as a starter battery. Lead acid batteries have 300-400 cycles while LFP batteries have 1800-2000 cycles.

India Energy Storage Alliance (IESA) supports United Nations Industrial Development Organization’s (UNIDO) FLCTD Innovation Challenge 2022

The project provides financial assistance of up to US$50,000 to the winners to validate their innovation and demonstrate its efficacy (performance) in actual field conditions.

Ather partners with Magenta ChargeGrid to set up EV Charging Grids across the country

The partnership enables Ather to access Magenta ChargeGrid’s multiple locations across India to set up Ather Grids.

Jakson CMD Sameer Gupta elected as Chairman CII National Committee of Aatmanirbhar Bharat for RE Manufacturing – 2022-23.

Sameer Gupta led Jakson’s transformation from a genset manufacturing company to India’s prominent energy & infrastructure company.

U.S.-India Hydrogen Task Force hosts industry roundtable on the role of hydrogen in energy transition

The roundtable outlined high-level priorities for the U.S. – India Hydrogen Task Force, which saw participation from both U.S. and Indian companies seeking to promote the deployment of hydrogen technologies.

WAAREE emerges as the best exporter of the year

WAAREE exports solar modules to more than 19 countries. With numerous tests performed at various stages of manufacturing, it maintains quality at par with global standards.

KPTL receives new orders of INR 4,474 crore on consolidated basis

The company has reported new order wins in its power transmission, water, and oil & gas business.

OMC Power, IREDA sign agreement on renewable energy plants in rural areas

OMC will be provided economic support to set up renewable energy plants in the villages of Uttar Pradesh. Currently, OMC Power has 280 renewable energy plants across Uttar Pradesh and Bihar. 

SECI signs MoU with MHA to set up solar panels

The MoU will support the Union Ministry of Home Affairs in implementing solar plants on the available rooftop areas in the campuses of the Central Armed Police Forces and National Security Guard.

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