CIMC says the technology will be vital in making green hydrogen, a variety of the carbon-free fuel that’s produced from intermittent wind and solar generation. The world’s biggest manufacturer of shipping containers sees a surge in revenues from its hydrogen business, in a sign the clean fuel is starting to gain commercial traction. China International… Continue reading Hydrogen revenue jumps for world’s biggest maker of shipping containers
Author: Economic Times of India Online News
Patna starts providing e-vehicle incentives
Agarwal added that the state govt’s aim is that by 2028, e-vehicles should comprise 15% of the new vehicles purchased and registered. The state govt has started giving motor vehicle (MV) tax incentives on purchase of electric vehicles under Bihar Electric Vehicle (EV) Policy-2023. Transport secretary Sanjay Kumar Agarwal said on Thursday that road tax… Continue reading Patna starts providing e-vehicle incentives
Coal sector leads core industries with 10.6% growth in December
The coal industry’s index reached 204.0 points in December 2023, up from 184.4 points in the same month the previous year, marking a significant year-on-year increase. New Delhi: India’s coal sector has emerged as the top performer among the eight core industries in December 2023, recording a provisional growth of 10.6%, according to the Index… Continue reading Coal sector leads core industries with 10.6% growth in December
DMRC to run safety checks at all stns
He added that normal services were restored with both up and down lines working in this section from 2.53 pm onwards. New Delhi : After the Gokulpuri incident, Delhi Metro has decided to conduct safety checks across the Delhi Metro network. “Managing director Vikas Kumar has issued instructions to all the concerned departments in DMRC… Continue reading DMRC to run safety checks at all stns
Scaling up demand must for green H2 success: IEA
However, in the long term, green hydrogen should prevail because that is the most sustainable form, he said. Scaling up demand should be a priority for countries aiming for green or clean hydrogen production and export so that such projects become successful, said Keisuke Sadamori, director, energy markets and security, International Energy Agency. “We need… Continue reading Scaling up demand must for green H2 success: IEA
NHAI’s total asset monetization program crosses INR 1 lakh crore
ET had reported on January 18 that NHAI will surpass INR 1 lakh crore of asset monetisation in the current fiscal with the highest ever receipts in 2023-24. The National Highways Authority of India (NHAI) has raised the highest ever concession value of INR 15,624.90 crore through ’InvIT Round-3’ which includes monetizing 10 stretches with… Continue reading NHAI’s total asset monetization program crosses INR 1 lakh crore
EET Hydrogen to proceed into final negotiations with UK Government to develop low-carbon hydrogen plant in Ellesmere
EET Hydrogen is pleased to announce it has a statement of principles with the UK Government’s Department for Energy Security and Net Zero for its flagship HPP1 low-carbon hydrogen plant. Construction is expected to begin later this year. Go to Source
Greaves Cotton Q3 FY24 standalone profit up 74% y-o-y to INR 65 cr
The company is making significant strides with a robust and diversified strategy spanning various business sectors. New Delhi: Greaves Cotton Limited, a leading diversified engineering company, has reported that its standalone revenues increased by 21% y-o-y to INR 443 crore for the third quarter of fiscal year 2024. Q3FY24 consolidated revenue rose by 30% y-o-y… Continue reading Greaves Cotton Q3 FY24 standalone profit up 74% y-o-y to INR 65 cr
Honda lifts annual profit outlook after strong Q3
Honda, a laggard in the shift to battery-powered electric vehicles, unveiled plans last month to launch a new EV series from 2026, showing off two concept EVs at the CES trade show in Las Vegas. Japan’s Honda Motor reported a sharp rise in operating profit for the December quarter and lifted its annual outlook, helped… Continue reading Honda lifts annual profit outlook after strong Q3
Stellantis’ Elkann meets Italy’s economy minister amid tensions
Carlos Tavares, CEO, Stellantis Stellantis Chairman John Elkann held talks with Italy‘s president and economy minister in Rome on Tuesday, a spokesperson for the automaker said, amid tensions between the company and the government. Rome has in recent weeks accused the owner of Fiat and Peugeot of sometimes acting against Italy’s national interest, while the… Continue reading Stellantis’ Elkann meets Italy’s economy minister amid tensions