Stay updated with the latest electrification news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on electrification topics.
BENGALURU: Macquarie Asset Management (MAM) has raised $405 million for Vertelo, its fleet electrification platform in India, marking the firm's largest investment commitment in the electric vehicle (EV) sector in Asia.Vertelo was created and is operated by Macquarie Asset Management. The platform, launched in April 2024, provides integrated solutions to support EV fleet adoption, including leasing and financing, charging infrastructure, energy management, fleet operations, and end-of-life asset ...Read More >
LUCKNOW: Responding to the opposition's charge that the Uttar Pradesh government had reduced education instead of expanding it, chief minister Yogi Adityanath claimed in the Assembly on Thursday that no school has been closed in the state. During a 24-hour continuous discussion on 'Vision-2047' in the Assembly, Adityanath said that "the education system in the state has become stronger and more modern than before". He said that "schools are not being closed, but they are being converted into 'in ...Read More >
Bengaluru -- In a landmark development for India's power and infrastructure manufacturing landscape, Zetwerk Manufacturing Businesses Pvt Ltd, a digital manufacturing platform, has acquired a controlling stake in KRYFS Power Components Ltd., a market leader in transformer solutions. This strategic move positions Zetwerk at the forefront of India's energy and electrification revolution, combining cutting-edge digital manufacturing with decades of engineering excellence to serve a fast-growing, i ...Read More >
New Delhi, Aug 4 (PTI) Shares of ABB India plunged by more than 6 per cent on Monday after the electrification and automation major company posted a 20 per cent fall in net profit to Rs 352 crore in the June quarter. The scrip of the company dived 6.42 per cent to trade at Rs 5,051.05 apiece on the NSE. On the BSE, the stock of ABB India's declined 6.2 per cent to trade at Rs 5,054 per piece. The market is trading in the positive territory. The 30-share BSE Sensex climbed 281.59 points or 0.3 ...Read More >
Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as altern ...Read More >
Bhopal, July 19 (SocialNews.XYZ) Madhya Pradesh Chief Minister Mohan Yadav's seven-day foreign visits to Dubai and Spain concluded on Saturday, and he is scheduled to return to New Delhi on Sunday, government officials said. Talking to media in Barcelona in Spain on Saturday, Chief Minister Yadav said that his visit has been successful as various memorandums of understanding were signed with investors to increase production, employment opportunity and farmers' income in the state. Speaking at ...Read More >
Hyderabad, July 19 (SocialNews.XYZ) Union Railway Minister Ashwini Vaishnaw and Union Minister of Coal and Mines G. Kishan Reddy on Saturday flagged off a new express train from Hyderabad to Jodhpur. The Central ministers flagged off the Kacheguda-Bhagat Ki Kothi express train at Kacheguda Railway Station here. Speaking on the occasion, Ashwini Vaishnaw stated that a daily train from Hyderabad to Jodhpur has been a long-cherished dream of the Rajasthani community residing in Hyderabad. He sai ...Read More >
New Delhi [India], July 19 (ANI): The Chief Minister of Uttar Pradesh, Yogi Adityanath, met Prime Minister Narendra Modi and Union Home Minister Amit Shah in New Delhi on Saturday. The Prime Minister Office (PMO) handle posted on X, Chief Minister of Uttar Pradesh, Shri @myogiadityanath, met Prime Minister @narendramodi. Sharing an X post about the meeting, CM Yogi wrote, I had the honour of meeting the world most popular leader, the respected Prime Minister Shri @narendramodi ji, in New Delhi ...Read More >
Hyderabad, July 19 (UNI) The Rs 521 croe Mega Railway Manufacturing Unit at Kazipet near here is being developed with modern, state-of-the-art technology, to be completed by the end of the year 2026, said Union Minister for Railways Ashwini Vaishnaw. Ashwini along with Union Coal Minister Gishan Reddy who visited the Railway Manufacturing Unit at Kazipet here today, informed that the civil construction works at the manufacturing unit will be completed by December, 2025, while the entire project ...Read More >
The International Finance Corporation (IFC) is investing $20 million in Transvolt Mobility, marking its first equity investment in an electric vehicle fleet platform. This investment aims to help Transvolt expand its fleet to 3,500 vehicles, creating 8,200 jobs over the next five years. It also supports India's clean mobility goals by deploying heavy commercial EVs across various sectors. International Finance Corporation (IFC) will provide $20 million equity investment in Transvolt Mobility, m ...Read More >
Tyre manufacturer CEAT Ltd reported a 27.16 per cent decline in consolidated net profit to ₹112.3 crore for the first quarter ended June 2025, down from ₹154.18 crore in the same period last year. The drop in earnings was attributed to a significant rise in raw material costs, the company said in a regulatory filing on Thursday. Consolidated revenue from operations rose 10.6 per cent YoY to ₹3,529.41 crore in Q1 FY26, compared to ₹3,192.82 crore in the corresponding quarter of the previo ...Read More >
New Delhi, Jul 18 (PTI) The Congress accused the CBI on Friday of going soft in its probe against Pharmacy Council of India (PCI) Chairman Montu Patel in an alleged multi-crore-rupee scam. Addressing a press conference at the All India Congress Committee (AICC) headquarters here, Rajya Sabha MP and party spokesperson Shaktisinh Gohil alleged that the CBI did not present all the facts before the court that led to Patel getting interim protection from arrest. He said it took the Central Bureau o ...Read More >
Durgapur (West Bengal) [India], July 18 (ANI): Prime Minister Narendra Modi on Friday laid the foundation stone, inaugurated and dedicated to the nation development projects worth over Rs 5,400 crore in Durgapur, West Bengal. Addressing the gathering, the Prime Minister remarked that Durgapur, known as a Steel City, is also a major hub of India labour force. He acknowledged the significant contribution to India development and stated that today presents an opportunity to further strengthen that ...Read More >
Mumbai: The BMC is set to begin structural strengthening work on the Parel TT flyover in October this year. To minimise traffic inconvenience, the repairs will be carried out in phases by closing one lane at a time. The repair work was originally planned two years ago but was deferred as the Delisle Road Bridge in Lower Parel was still under reconstruction at the time. Undertaking both projects simultaneously would have worsened traffic congestion in central Mumbai. Constructed in 1980, the Pa ...Read More >
Nagpur: Maharashtra is poised to become the most competitive state in terms of industrial power tariffs, with rates expected to drop to ₹7.38 per unit under the revised power policy, chief minister Devendra Fadnavis told the Legislative Council on Tuesday.Currently, the state's industrial tariff stands at ₹8.32 per unit. "After the new tariff is implemented, Maharashtra will have the lowest industrial electricity cost in the country," the CM said, comparing the rates with Tamil Nadu (₹9.04), Guj ...Read More >
New Delhi, Jul 17 (PTI) Tyre maker CEAT Ltd on Thursday reported a 27.16 per cent decline in consolidated net profit to Rs 112.3 crore in the June quarter, impacted by higher raw material cost. The company, which had posted a consolidated net profit of Rs 154.18 crore in the first quarter last fiscal, said it will invest about Rs 450 crore in the capacity expansion of its Chennai plant. Consolidated revenue from operations stood at Rs 3,529.41 crore in the first quarter as against Rs 3,192.82 ...Read More >
New Delhi, Jul 17 (PTI) Tyre maker CEAT Ltd on Thursday reported a 27.16 per cent decline in consolidated net profit to Rs 112.3 crore in the June quarter, impacted by higher raw material cost. The company, which had posted a consolidated net profit of Rs 154.18 crore in the first quarter last fiscal, said it will invest about Rs 450 crore in the capacity expansion of its Chennai plant. Also Read | 'A Decade of Digital India' Reel Contest by Government of India: How To Participate and Win Up T ...Read More >
India's residential power consumption has surged by 10% annually, driven by urbanization, heatwaves, and population growth. Air conditioner sales have spiked, potentially adding 120 GW to peak demand by 2030. While coal dominates electricity generation, solar energy offers a chance to reduce reliance on it, especially during peak demand hours. Energy storage is crucial to meet evening electricity needs. Residential power consumption in India has been rising steadily by around 10 per cent annual ...Read More >
New Delhi, July 12 (SocialNews.XYZ) An air of celebration and pride swept across India on Saturday as Prime Minister Narendra Modi distributed over 51,000 appointment letters to newly recruited candidates through video conferencing during the 16th edition of the Rozgar Mela. With emotions running high, recruits from different corners of the country expressed heartfelt gratitude to the Prime Minister and hailed the initiative as a life-changing moment. The employment drive, conducted simultaneo ...Read More >
Jaipur: Jaipur Development Authority (JDA) approved infrastructure projects worth Rs 526 crore at its Project Executive Committee (PWC) meeting held Thursday. Several key infrastructure and public utility proposals received administrative and financial endorsement during the session.Among approved projects, Rs 40.17 crore was sanctioned to widen high-level bridge near Vidya Ashram School. To enhance heritage tourism, Rs 5.5 crore was allocated for tourism development at the Govind Dev Ji temple. ...Read More >
New Delhi [India], July 10 (ANI): Gujarat Chief Minister Bhupendra Patel announced a compensation of Rs 4 lakh for the families of those who died in the bridge collapse in Vadodara. He also announced Rs 50,000 for the injured. At least nine people were killed after a portion of the Gambhira bridge collapsed in the Padra area of Gujarat Vadodara district on Wednesday. In a post on X, the CM Patel said, The collapse of a span of the Gambhira Bridge, connecting Anand and Vadodara, has caused an ...Read More >
Lucknow: The Balrampur district administration continued the demolition of the lavish mansion linked to Chhangur Baba, the alleged mastermind of a religious conversion syndicate operating in Uttar Pradesh, for the second consecutive day on Wednesday.The structure, located in Madhpur village under Utraula police station, is registered in the name of his close associate Neetu Rohra alias Nasreen, who is also under investigation.According to revenue officials, nearly 75% of the illegally constructe ...Read More >
Mumbai, July 4: Tata Power Chairman N Chandrasekaran, addressing the company's 106th Annual General Meeting (AGM) on July 4, emphasized the company's strategic growth, operational excellence, and unwavering commitment to clean energy, even as he acknowledged recent challenges. Opening the address with a solemn note, Chandrasekaran said, "We honour those who lost their lives in the recent Air India flight tragedy AI-171. Across the Tata Group, our thoughts are with the affected families and love ...Read More >
The Indian Institute of Creative Skills (IICS) launched a national initiative to elevate creative careers in India, featuring prominent cultural figures and industry experts. The event aimed to inspire young creators and announced plans to train over 1,000 students annually across 10 cities with tailored programs. The Indian Institute of Creative Skills (IICS) has initiated a national movement to enhance creative careers in India. With luminaries such as Padma Shri Shankar Mahadevan and Padma V ...Read More >
Gurgaon: The city, which is growing at a rapid pace, stands at a crossroads where it can learn from several innovative urban management practices of other Indian cities to tackle its own challenges. At the national conference of urban local bodies in Manesar on Thursday, mayors and municipal corporations from across the country shared their strategies, offering valuable insights for Gurgaon to consider.Surat generates Rs 140 crore from selling sewage-treated water to industries and has introduce ...Read More >
Nagpur: Even as Nagpur Municipal Corporation (NMC) has inducted 30 new air-conditioned electric buses into its Aapli Bus fleet on June 22 with much fanfare in the presence of chief minister Devendra Fadnavis, the vehicles remain idle due to absence of charging infrastructure.These buses are part of the long-pending 250 e-bus project sanctioned by Fadnavis in 2023. Though delivered by Hansa Vahan India Pvt Ltd, which is implementing the project in partnership with Pune-based EKA Mobility, the fir ...Read More >
VMPL Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Kicking off the two-day conference, Ms. Ashita Marya, CEO of Franchise India, d ...Read More >
VMPL Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Kicking off the two-day conference, Ms. Ashita Marya, CEO of Franchise India, d ...Read More >
In April, India reached 224 gigawatts (GW) of renewable energy capacity, with 108GW representing solar exclusively. Of this solar capacity, 105GW was added in the last decade. It accounts for a third of total additions in the Global South. This rise can be attributed to the fact that India, under Prime Minister Narendra Modi, has a clear policy and regulatory framework for private sector-led investments in solar energy. India's efforts to make solar energy accessible and desirable have been dec ...Read More >
Lyca Kovai Kings (LKK) will face Salem Spartans (SS) in the 26th match of the Tamil Nadu Premier League 2025 on Saturday, June 28, at the NPR College Ground in Dindigul. The Kovai Kings are in the last position currently with one win to their name in six games. The Spartans have won and lost three games each and are in fourth position. The Kovai Kings took on IDream Tiruppur Tamizhans in their previous game and scored 137 runs for the loss of nine wickets. No batter managed to score more than 2 ...Read More >
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