PCMC issues show-cause notice to Metro over lapses in fire safety

The civic body’s fire department said in the absence of a fire safety officers and committee, there was no standard operating procedure to deal with incidents of fire. PCMC has issued a show-cause notice to Metro authorities for not complying with fire safety norms at stations in the Pimpri Chinchwad limits. The civic body’s fire… Continue reading PCMC issues show-cause notice to Metro over lapses in fire safety

Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal: GTRI

For overall merchandise trade with Europe and North Africa, about 50% of imports and 60% of exports, totalling USD 113 billion, might have used this route, it said. New Delhi: With escalating everyday attacks and no end in sight, the Red Sea crisis will adversely impact trade volumes in substantial ways in 2024, according to… Continue reading Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal: GTRI

Morocco to dedicate 1 mn hectares to green hydrogen projects

The initiative would help Morocco “play a major role in the field of energy transition globally,” the prime minister’s office said in a statement. The Moroccan government said on Monday it will allocate 1 million hectares to green hydrogen projects, starting with 300,000 hectares in a first phase, as part of an offer to attract… Continue reading Morocco to dedicate 1 mn hectares to green hydrogen projects

Centre approves INR 224 crore outlay for J&K’s Shopian bypass

The minister said the project also holds strategic significance as it links Shopian district with Pulwama on one side and Kulgam on the other within Jammu & Kashmir. New Delhi: Union Minister for Road Transport & Highways Nitin Gadkari announced on Tuesday that an allocation of INR 224.44 crore has been sanctioned for the construction… Continue reading Centre approves INR 224 crore outlay for J&K’s Shopian bypass

Servotech EV Infra dilutes 6% equity for INR 200cr; appoints Prem Prakash as CEO

Prem Prakash, CEO, Servotech EV Infra. New Delhi: Servotech EV Infra Pvt. Ltd., a subsidiary of the EV charger and solar products manufacturer, Servotech Power Systems Ltd., has diluted 6% equity at a pre-money valuation of INR 200 crore to finance its growth plans. Servotech EV Infra will also establish Proof of Concept (POC) sites… Continue reading Servotech EV Infra dilutes 6% equity for INR 200cr; appoints Prem Prakash as CEO

ChargePoint CEO expects more electric vehicle stations as use and EV sales keep growing

Representative image. Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations. But Rick Wilmer, the new CEO of ChargePoint, an EV charging network, says the number of charging stations and plugs is… Continue reading ChargePoint CEO expects more electric vehicle stations as use and EV sales keep growing

Jio-BP, Nayara, Shell unable to regain pre-2022 market share

The joint venture of Reliance Industries and BP, operates 1,700 pumps, according to the oil ministry data. Private sector fuel retailers Jio-BP, Rosneft-backed Nayara Energy and Shell haven’t yet been able to fully regain the market share they gave up in 2022 after the beginning of the Russia-Ukraine war that triggered a turmoil in the… Continue reading Jio-BP, Nayara, Shell unable to regain pre-2022 market share

Opinion: Will vehicle ban clean air in Delhi?

Over the years, several measures have been introduced to curb pollution levels and cut down vehicular emissions. One significant step was the decision to skip one level of regulation and move directly from BS 4/IV to BS 6/VI norms, which are equivalent to their respective European versions. However, air pollution problem continues to linger around.… Continue reading Opinion: Will vehicle ban clean air in Delhi?

Private sector in India must invest in clean energy: IFC Regional VP

India wants to move the needle on its energy mix in a significant way, and IFC is a committed partner in this effort, he said. Private sector investment in clean energy, especially in countries like India, is pivotal for the course of energy transition, said Riccardo Puliti, regional vice president, Asia and the Pacific, at… Continue reading Private sector in India must invest in clean energy: IFC Regional VP

Statiq deploys its 1st EV charging facility in Ayodhya for green mobility

The charging station is equipped with one 60 kW DC charger (dual gun) and four 9.9 kW AC chargers, each featuring three sockets of 3.3 kW. New Delhi: As people in Ayodhya begin to embrace electric vehicles (EVs), charging infrastructure provider Statiq on Monday inaugurated its maiden EV charging station in the holy city. Located… Continue reading Statiq deploys its 1st EV charging facility in Ayodhya for green mobility