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Best Power Equipments appoints global sales team leader
As vice president-Sales & Marketing (International), BPE Singapore, Vivek Parasher will be leading BPE’s business in Asia Pacific and EMEA (Europe, Middle East and Africa) region.
PFC issues USD 500 million Senior Unsecured USD Bonds for more than 10 years
This is the longest tenor bond issuance from India since the start of the year. The bonds have a fixed coupon of 3.35% p.a. which was inside the fair value of PFC’s secondary bonds.
Tata Power receives LoI to operate the power distribution system in North Eastern part of Odisha
This expansion shall enhance Tata Power consumer base to nearly 12 million from the present base of 9.6 million across Mumbai, New Delhi, Ajmer, Central, Southern and Western parts of Odisha.
Ola adopts Siemens’ Digital Enterprise to build EV manufacturing facility
Ola will have access to Siemens’ integrated Digital Twin design and manufacturing solutions to digitalize and validate product and production ahead of actual operations.
Tigo Energy raises $20 million in funding
Tigo’s solutions are deployed in solar energy generators ranging from single kilowatt residential solar installations to multi-megawatt utility scale sites, roof-top, ground mount and floating systems. The investment will be used to improve upon existing products and develop next generation solutions that maximize returns for PV customers. A portion of the new funds will be used to efficiently and effectively scale.
ReNew Power’s Gift Warmth campaign extends to six states across India
50,000 Blankets to be distributed across Delhi-NCR, Uttar Pradesh, Haryana, Gujarat, Rajasthan, and Madhya Pradesh.
L&T Construction awarded transmission line project in Malaysia
The proposed overhead line will facilitate power evacuation from an upcoming combined-cycle power generating facility in the region.
cKers Finance partners with OTO Capital to promote electric two-wheelers leasing in India
cKers has set-up an initial line of INR 30 million for OTO. This facility will be used by OTO to purchase EV-2Ws in India, which will then be deployed to the customers of OTO on flexible leasing models. This partnership aims to provide consumers with affordable and flexible financing options to own electric two wheelers.
Vikram Solar expands its retail footprint; enters the state of Chhattisgarh
Vikram Solar’s entry into the Raipur market, Chhattisgarh, further strengthens the company’s distribution network to 40 cities, ensuring availability of its solar products and solutions across 600 regions pan-India.
Indian Railways bags 13 awards at the ‘National Energy Conservation Awards 2020’
These awards have been given to Indian Railways’ zones and workshops for significant improvements in energy conservation by adopting various measures to promote energy efficiency.
