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13th Urban Mobility India Conference on emerging trends in urban mobility inaugurated
Hardeep S. Puri, housing and urban affairs minister, stated that future mobility is about striving towards environment-friendly, integrated, automated and personalized travel on-demand.
NTPC aims for 32 GW of renewables capacity by 2032
Currently, NTPC has 2,404 MW of RE projects under implementation, out of which 237 MW comes from floating solar projects located in reservoirs at NTPC’s existing stations.
CRISIL upgrades Tata Power Long Term rating to ‘AA/Stable’
The rating factors in management’s intent to keep net debt to EBITDA sustainably below 3.5 times including by divesting majority stake in the renewable portfolio through a proposed Infrastructure Investment Trust (InvIT).
Morgan Stanley and Ernst & Young were top M&A financial advisers by value and volume in power sector for Q1-Q3 2020
In GlobalData’s ranking, Morgan Stanley gained top spot in terms of value by advising on seven deals worth $10.6bn, which was the highest value among all advisers. Meanwhile, Ernst & Young led by volume having advised on 20 deals worth $1bn.
NextChem and Indian Oil sign India’s first circular economy MoU
As per the agreement, IndianOil and NextChem will jointly explore opportunities for the recovery of waste using NextChem technologies for upcycling and waste-to-chemicals of plastic waste.
Hitachi ABB Power Grids wins major order to support Sub-Saharan Africa’s largest solar venture in Angola
Hitachi ABB Power Grids has been contracted by MCA to contribute to the development of Sub-Saharan Africa’s largest photovoltaic project, increasing access to reliable and clean energy for Angola’s 30 million people.
GE Renewable Energy to support the development of pumped hydro storage solutions in India
GE Renewable Energy will supply and commission four 125 MW fixed speed pumped storage turbines for the new Kundah hydropower plant. The project is part of ongoing effort by Indian government to take full advantage of hydropower resources.
Artha Energy bags rooftop solar expansion order from auto component maker
The EPC installer has started the work on expanding a 100.4 KW rooftop solar plant to 165 kW. The plant is based in Aurangabad, Maharashtra.
MG Motor and Tata Power inaugurate first superfast EV charging Station in Nagpur
The public EV charging station is available to all vehicles compatible with CCS/ CHAdeMO fast-charging standards, and can charge the MG ZS electric vehicle up to 80% in 50 minutes.
Magenta appoints Bhavana Srivastava as Head of Client Servicing
The company’s business strategy aims at solving challenges that clients face in clean energy and EV charging.
