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Rs.2050 Cr. Raised By ReNew Power Via Rights Issue

ReNew Power has raised around Rs 2,050 crore through a rights issue. The rights issue involved ReNew Power issuing Compulsorily Convertible Preference Shares (CCPSs) to each of the investors which will be

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Airbus, Safran & Daher Form A JV For Urban Air Mobility

Airbus has entered into a joint venture (JV) for a hybrid aircraft with the French turbine company Safran and airplane maker Daher. And to prove the point that urban air mobility (UAM)

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Tata Tigor EV Launched For Individual Buyers

Tata Motors has launched the electric version of its sub-4-metre sedan, the Tata Tigor EV for individual buyers. The electric vehicle was only available on lease via self-driving car rental services before

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Curtailment Is An Opportunity Not A Problem

Curtailment of electricity occurs when there is not enough demand for the available supply. In the absence of some sort of grid storage strategy, whether batteries, pumped hydro, or other technology, the

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Indian Government To Incentivize Faster Adoption Of Electric Vehicle

The Indian government has formally proposed a number of measures to incentivize the adoption of electric vehicles. The government has proposed an amendment to the Central Motor Vehicles Rules so as to

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Olectra-BYD JV Is Upbeat About Electric Bus Orders In India

Olectra-BYD, the joint venture between BYD Auto and India’s Olectra Greentech, has announced plans to set up its second factory to manufacture electric buses. The factory is expected to be located in

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Airplane Contrails Warm Environment More Than CO2

According to a study by the Institute of Atmospheric Physics in Germany the contrails left by aeroplanes which last only for couple of hours are now so widespread that their warming effect

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LED Bulbs Are Not As Energy Efficient As They Claim: Nielsen Study

According to a study conducted by market research firm Nielsen across 400 retail outlets spanning eight cities, has found that 47% of LED bulb brands and 52% of LED down-lighter brands do

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