GNL Quintero will receive $5.7 million to construct a 10-megawatt electrolyzer, which uses electricity to split water into hydrogen and oxygen, to produce an estimated 500 tonnes of green hydrogen a year. SANTIAGO- Chile state development office Corfo signed agreements with three companies on Thursday to fund industrial green hydrogen production, which it says could… Continue reading Chile signs agreements for green hydrogen production
Author: Economic Times of India Online News
Dollar eases as traders scale back bets on Fed tightening
The dollar index, which measures the greenback against a basket of six major peers, was down 0.206% at 101.84 at 3 p.m. ET (1900 GMT). NEW YORK – The U.S. dollar edged lower on Thursday as markets considered whether the Federal Reserve might slow or even pause its tightening cycle in the second half of… Continue reading Dollar eases as traders scale back bets on Fed tightening
Hybrid annuity model projs to account for 45-50 pc of NHAI awards this fiscal: Icra
Icra said that HAM projects accounted for over 50 per cent of the NHAI awards in the past two years. The same is expected to account for 45-50 per cent of the awards in FY23. New Delhi: Hybrid Annuity Model (HAM) projects accounted for more than 50 per cent of the National Highways Authority of… Continue reading Hybrid annuity model projs to account for 45-50 pc of NHAI awards this fiscal: Icra
RattanIndia Enterprises acquires majority stake in Bengaluru-based drone company
REL had earlier announced a strategic investment in a Silicon Valley- based drone systems company Matternet. New Delhi: The flagship company of RattanIndia Group, RattanIndia Enterprises Ltd (REL), today acquired 60% shareholding in Throttle Aerospace Systems Private Limited (TAS), a drone company. This investment has been done through NeoSky India Limited (NeoSky), a wholly-owned subsidiary… Continue reading RattanIndia Enterprises acquires majority stake in Bengaluru-based drone company
Centre proposes mandating use of cost saving techniques to build highways
The transport ministry noted that a need is increasingly being felt to adopt value engineering practices in design, construction and maintenance with regards to use of materials and technology. The Road transport ministry has proposed mandating highway builders to opt for cost saving value engineering techniques. “It has been established that the savings realized by… Continue reading Centre proposes mandating use of cost saving techniques to build highways
ElectricPe inks partnership with Electric One
Representative Image New Delhi: EV charging platform ElectricPe today entered into a partnership with Electric One, an EV superstore chain and the only Indo-German multi-branded e-mobility franchise company, to provide charging infrastructure and encourage EV adoption. Through this collaboration, Electric One customers across 82 stores in India will get access to ElectricPe’s EV platform. This… Continue reading ElectricPe inks partnership with Electric One
L&T Technology Services inaugurates engineering R&D Centre in Poland
Seen in the picture (from right to left): Jagyan Mishra, Delivery Head (Europe) at LTTS, Abhishek Sinha, Chief Operating Officer and Member of the Board at LTTS, Jerzy Muzyk, Deputy Mayor of the City of Krakow, Her Excellency Nagma Mohamed Mallick, Ambassador of India to the Republic of Poland, Lukasz Słoniowski, President of the Board… Continue reading L&T Technology Services inaugurates engineering R&D Centre in Poland
Bharat Drone Mahotsav 2022: PM Modi to inaugurate India’s biggest drone festival
Prime Minister Narendra Modi will inaugurate India’s biggest drone festival in New Delhi on Friday and interact with kisan drone pilots as well as witness open-air drone demonstrations. ‘Bharat Drone Mahotsav 2022‘ is a two-day event and being held on May 27 and 28. Modi will inaugurate India’s biggest Drone Festival – ‘Bharat Drone Mahotsav… Continue reading Bharat Drone Mahotsav 2022: PM Modi to inaugurate India’s biggest drone festival
Elon Musk drops out of $200 billion club again as Tesla tumbles
The Tesla co-founder is the richest of the handful of people worth at least $100 billion. SAN FRANCISCO: Elon Musk has once again fallen out of the $200 billion club. Musk, the world’s richest person, saw his fortune drop Tuesday by 5.4% to $192.7 billion as shares of Tesla Inc. slid almost 7%. The electric… Continue reading Elon Musk drops out of $200 billion club again as Tesla tumbles
Centre notifies new vehicle insurance rates
A new private vehicle exceeding 1500 cc will be insured at Rs 24,596 for three years under the newly notified rates. The centre on Wednesday approved the new base premium rates for third party motor vehicle insurance. These revised rates will be applicable from June 1, 2022. These rates were last revised for financial year… Continue reading Centre notifies new vehicle insurance rates