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INDIA ELECTRICITY DEMAND
India's power demand seen rising 6.5-7.5% this fiscal as hotter, drier weather boosts cooling needs: CrisilIndia's power demand is estimated to rise 6.5-7.5 per cent year-on-year this fiscal to 1,825-1,835 billion units (BU), driven mainly by hig...
Yulu, Bounce seek funds as gig-EV rentals zoomBajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valuation of about $250 million, up fro...
Yulu, Bounce chase fresh funds; MPs target social mediaHappy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in...
India's peak power demand rises 12% in April-June, evening supply gap widens to 3,045 MW: GovtIndia's peak electricity demand rose 12 per cent from April to June over the same period last year. An all-time high of 270.8 gigawatts was...
AI’s volatile power demand is damaging its own data centersAI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and c...
Stocks in news: Titan, SBI, Ola Electric, Astra Microwave and HindalcoMarkets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty above 24,350. Focus on Titan's st...
Auto correct: How electrification is rewiring the humble autorickshaw in more ways than oneElectric three-wheelers are reshaping India's last-mile mobility sector. Lower running costs and reduced maintenance are driving this signi...
Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPODhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting ...
India’s metal exports ride global electrification waveIndia's exports of key metal intermediates are experiencing a significant surge. Aluminium alloy exports climbed twenty-four percent, reach...
EV retail sales break record at 3,27,901 units in July: FADAIndia's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth f...
July auto retail sales hit record high on rising rural demandVehicle registrations saw a significant 26% year-on-year increase in July. This performance marked the best-ever July for all vehicle segme...
Renewable energy developers seek Rs 3,000 crore relief amid transmission bottlenecksRenewable energy developers are urgently requesting comprehensive financial assistance from the government due to significant delays in ess...
MV Electrosystems shares list at 22% premium over IPO price on NSE, BSEMV Electrosystems debuted on the NSE and BSE at a 22% premium over its IPO price after its public issue was subscribed 188.85 times. While ...
Mutual funds increase stake in Ather Energy for 5th straight quarter. Bigger rally brewing?Domestic institutional investors have steadily increased their Ather Energy stake for five quarters. Ather Energy's production facilities o...
Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
Ola Electric Mobility shares rally over 7%. What's boosting investor sentiment?Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 203...
India eyes record 20 GW distributed renewable capacity this fiscalIndia anticipates its highest distributed renewable energy capacity this fiscal year. Schemes like PM Surya Ghar and PM Kisan Urja are expe...
Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, pro...
TVS Motor EV sales jump 158% to record high in July as pricey fuel drives demandTVS Motor Company saw electric two-wheeler sales jump 158 percent year-on-year in July. Overall sales increased 38 percent, reaching the hi...
India's electric car sales jump 82% in July as high fuel prices boost EV demandElectric vehicle sales nearly doubled in July, showing robust growth momentum. Sharply higher fuel prices are pushing consumers towards mor...