Eastman Auto and Power, a power solutions company, expects that out of the Rs 6,000-7,000 crore revenue, solar business would be between Rs 2,500 crore to Rs 3,000 crore this year itself, its Managing Director, Shekhar Singal told ETEnergyWorld in an exclusive interaction. Singal shares how this family-owned enterprise plans to become a global solar… Continue reading We plan to set up 34 GW capacity by FY28, hit Rs 3,000 cr solar revenue this year itself: Shekhar Singal, MD, Eastman Auto and Power
Author: Economic Times of India Online News
Proposals to bring relief from toll charge on NHs, e-expressways under finance minister’s consideration
There are a significant number of private players collecting toll and govt has to compensate for the loss they may incur due to annual passes,” said a source. The two proposals of road transport ministry to bring relief to lakhs of commuters from shelling out high toll on national highways and expressways — no user… Continue reading Proposals to bring relief from toll charge on NHs, e-expressways under finance minister’s consideration
Auto-rickshaw fares set for revision after 12 years
There are more than 45,000 auto-rickshaws operating in Jaipur, and the last fare list was issued by the transport department in 2013. Auto and taxi union officials have requested fare hikes several times since. The regional transport office (RTO) in Jaipur is set to revise auto-rickshaw fares this month, marking the first revision in 12… Continue reading Auto-rickshaw fares set for revision after 12 years
China March iron ore imports drop to 20-month low, missing expectations
That brought the total exports in the first quarter to the highest for the period since 2016 at 27.43 million tons, an annual increase of 6.3per cent , customs data showed. China’s iron ore imports in March fell slightly from the prior month to a 20-month low, defying analysts’ expectations that monthly shipments would pick… Continue reading China March iron ore imports drop to 20-month low, missing expectations
South Korea, Australia vow stronger ties on energy, key minerals amid uncertainty
South Korea seeks to explore new suppliers of major minerals to reduce its heavy reliance on China. South Korea and Australia have agreed to strengthen bilateral cooperation on key minerals and energy sectors as part of broader efforts to navigate deepening global economic uncertainties, Seoul’s finance ministry said Sunday. The consensus was reached during a… Continue reading South Korea, Australia vow stronger ties on energy, key minerals amid uncertainty
Centre planning ₹10 lakh cr investment to rewire highways, NE roads will match US standards: Gadkari
Gadkari said 784 highway projects are going to be implemented in the eastern states at an estimated cost of ₹3,73,484 crore, covering 21,355 km. The Centre is planning to invest ₹10 lakh crore over the next two years to strengthen highways across the country, with special focus on the Northeast, where roads will rival those… Continue reading Centre planning ₹10 lakh cr investment to rewire highways, NE roads will match US standards: Gadkari
India sees sharp rise in GCCs focused on renewable energy sector
These corporations are leveraging India’s strengths to streamline their operations and improve their processes in energy production and distribution, making a significant contribution to the global energy infrastructure modernisation. New Delhi: As global capability centres (GCCs) continue to surge in India, such centres focused on renewable energy, with significant offshoring opportunities across upstream, midstream and… Continue reading India sees sharp rise in GCCs focused on renewable energy sector
Delhi’s EV policy may create 20,000 jobs; focus on battery swapping and charging network
The policy also includes setting up battery collection centres and establishing a city-wide network of charging and swappable battery stations. Delhi’s electric vehicle (EV) policy 2.0 may generate up to 20,000 jobs and will also set up battery collection centres while establishing a city-wide network of charging and swappable battery stations. Speaking to PTI about… Continue reading Delhi’s EV policy may create 20,000 jobs; focus on battery swapping and charging network
Trump’s 25% auto tariffs could cost US automakers $108 billion, study finds
For imported vehicles, the study found the average tariff cost per vehicle to be $8,722 for the overall industry and $8,641 for the Detroit Three. A new analysis by the Center for Automotive Research has found that President Donald Trump’s 25% auto tariffs imposed in early April will increase costs by about $108 billion for… Continue reading Trump’s 25% auto tariffs could cost US automakers $108 billion, study finds
FM woos Austrian cos for green H2, EVs & innovation
Updated On Apr 12, 2025 at 08:27 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Nirmala Sitharaman New Delhi: Finance minister Nirmala Sitharaman Friday called on Austrian companies to harness the many opportunities that India offers, pitching the country as an “excellent gateway to Asia and the global South” and underscoring… Continue reading FM woos Austrian cos for green H2, EVs & innovation