Representative image. ACME Group on Friday said it has signed an agreement with gas exchange IGX to explore opportunities of collaborations for developing green hydrogen and ammonia projects in India. The Memorandum of Understanding (MoU) was signed between Manoj Kumar Upadhyay, Founder and Chairman of ACME Group, and Rajesh Kumar Mediratta, Managing Director and CEO… Continue reading ACME Group, IGX tie up to explore collaborations for green hydrogen, ammonia projects
Author: Economic Times of India Online News
Karnataka wipes slate clean, drafts new policy for electric vehicle sector
Fuel-agnostic technology, believed to be the future of the automobile industry, allows engines to utilise low or zero carbon emission fuels such as natural gas or hydrogen. Stung after losing investments from major electric vehicle (EV) manufacturing companies to neighbouring Tamil Nadu, which offers far more attractive subsidies, the Karnataka govt is gearing up to… Continue reading Karnataka wipes slate clean, drafts new policy for electric vehicle sector
EverEnviro partners with IGL to set up compressed biogas plants
Representational image. India’s leading renewable energy company EverEnviro Resource Management Pvt Ltd announced that it has been empanelled by Indraprastha Gas Ltd (IGL) to set up multiple compressed biogas (CBG) plants in India. The empanelment letter was officially handed over to EverEnviro team during the ongoing India Energy Week 2024 in the presence of senior… Continue reading EverEnviro partners with IGL to set up compressed biogas plants
Road Ministry introduces provision of deemed approval in DPRs
ET had on January 28 first reported that the provision of deemed approval could come in as part of the revamped DPRs for road construction. The ministry of road transport and highways has introduced the provision of deemed approval in the request for proposal documents for consultancy services for preparation of detailed project reports (DPRs)… Continue reading Road Ministry introduces provision of deemed approval in DPRs
"At the end of 2024 our national highway road network will be equivalent to road network of USA": Gadkari
Updated On Feb 10, 2024 at 07:42 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Nitin Gadkari. Minister of Road Transport and Highways Nitin Gadkari said here on Friday that at the end of 2024 our national highway road network will be equivalent to the road network of the USA. Gadkari… Continue reading "At the end of 2024 our national highway road network will be equivalent to road network of USA": Gadkari
India to be number 1 auto manufacturing hub in 5 yrs
Updated On Feb 10, 2024 at 07:23 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Nitin Gadkari India will become the number one automobile manufacturing hub in the world by 2029 and the country will be the third largest economy, road transport and highways minister Nitin Gadkari said on Friday. The… Continue reading India to be number 1 auto manufacturing hub in 5 yrs
Centre hikes FAME II allocation, scheme valid till March-end
The Union government had earmarked INR 5,171.97 crore under FAME India in the budgetary estimates (BE) for fiscal 2023-24 but scaled it down to INR 4,807.40 crore in the revised estimates (RE). The centre has hiked the allocation under the second iteration of Faster Adoption & Manufacturing of Electric Vehicles in India (FAME-II) scheme to… Continue reading Centre hikes FAME II allocation, scheme valid till March-end
Rupee weakens on dollar demand from importers, posts slight weekly decline
Investors will keep an eye on inflation data due in both India and the U.S. next week, with the latter likely to serve as a more significant cue for the rupee. The Indian rupee ended weaker on Friday, pressured by dollar demand from importers, including local oil companies, traders said. The rupee closed at 83.0350… Continue reading Rupee weakens on dollar demand from importers, posts slight weekly decline
Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
Savannah said it was “ready to address the concerns” of the prosecutors and cited advice from its lawyers “that the lawsuit is without foundation” and does not impact the project’s activities. Portuguese prosecutors have asked a judge to annul an environment permit for a lithium mining project being developed by London-based Savannah Resources, alleging various… Continue reading Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
Zomato signs lease for its largest warehousing space in Bengaluru
The company aims to increase the total warehouse space at Sumadhura Logistics Park to 6 million sq ft in the next phase. Food delivery startup Zomato has signed a lease agreement for a 300,000-sq ft built-to-suit warehouse that will come up in Bengaluru’s Sumadhura Logistics Park. It will be Zomato’s largest built-to-suit warehousing space in… Continue reading Zomato signs lease for its largest warehousing space in Bengaluru