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PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more
SIAM Automotive Sourcing Conclave Focuses on Building a Resilient Supply Chain
SIAM organises Automotive Sourcing Conclave where industry experts and leaders came together to address challenges in the Supply Chain.Read more
NORD’s IE5+ synchronous motors saves CO2 and material
The new high-efficiency IE5+ synchronous motors series from NORD requires significantly less rare earth elements than its predecessorRead more
Sterling and Wilson Renewable surges 5% on $2.2 bn Nigerian order win
The joint venture, Sun Africa LLC, will be responsible for developing 961 MWp of Solar PV generation infrastructure and 455 MWh of battery energy for Nigeria.Read more
Hitachi Energy unveils new emission-free alternative to diesel- powered generators
Hydrogen-powered generator provides megawatts of power and heat for hard-to- decarbonise applications such as construction sites, remote venues, data centres, and hospitals.Read more
Clean energy transition vital for Global Progress, says G20 Sherpa & energy leaders
Speaking at the Accelerating Clean Energy in India event organised by the World Resources Institute (WRI) India, Amitabh Kant highlighted that a rapid shift to a decarbonised energy system by 2050.Read more
CESL invites bids for 3,600 e-Buses, infra development under PM-eBus Sewa
The deadline for bid submissions is December 14, 2023, with bids set to be unveiled on the same day. Prospective bidders are required to submit a non-refundable tender fee of Rs 25,000 ($299.9).Read more
Industrial electric motors have potential to save 2.1 TWh energy: ABB
Energy appraisals of more than 2000 motor-driven systems found an average energy-saving potential of 31 percent per motor. This equates to more than 2.1 TWh (terawatt-hours) of potential energy savings across the 20-year lifetime of these systems.Read more
Sweden’s Alleima opens expanded heat exchanger tube facility in Mehsana
Built with a total investment of SEK 180 million (approximately Rs 143 crore) between 2019-2023, the new facility will enhance capabilities to produce advanced alloys for making heat exchanger tubes, which are used for critical applications in the chemical, petrochemical and renewable energy segments.Read more
Exide invests Rs 100 cr in energy solutions, resolves trademark dispute
Exide Energy Solutions, a wholly-owned subsidiary of Exide Industries, specialises in the production of battery cells, assembly, and the sale of battery modules and packs.Read more
