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Reliance to invest Rs 5.95 lakh Cr in green energy, other projects in Gujarat

Reliance to invest Rs 5.95 lakh Cr in green energy, other projects in Gujarat Reliance Industries Limited (RIL) signed MoU with the Gujarat government for a total investment of Rs 5.955 lakh crore as part of Investment Promotion Activity for Vibrant Gujarat Summit 2022. According to RIL, these projects will create 10 lakh direct and indirect employment opportunities in the State. “To make Gujarat net zero and carbon free, RIL proposes...

Metropolis Healthcare announces scholarship program for medical students

Metropolis Healthcare announces scholarship program for medical students Metropolis Healthcare announced the launch of the 3rd edition of MedEngage Scholarship program and is now inviting applications from the final year MBBS and MD/DNB students. The last date to apply for this program is 18th January. For more details of MedEngage Scholarship program, students can log onto www.med-engage.com.  Metropolis Healthcare launched the MedEngage program in 2018 to nurture medical students and help them contribute to healthcare...

Tech Mahindra, Nokia to drive 5G private wireless adoption globally

Tech Mahindra, Nokia to drive 5G private wireless adoption globally Tech Mahindra announced a collaboration with Nokia to drive 5G private wireless adoption globally.  “The collaboration will further strengthen the already standing relationship between Tech Mahindra and Nokia. Tech Mahindra will leverage Nokia’s private wireless DAC solution for customers across industries and facilitate in automating 5G Private Wireless network management on a cloud (managed as a service model),” an official statement...

AliveCors’ KardiaMobile alerts irregular heart rhythm symptoms 24 hours in advance

AliveCors’ KardiaMobile alerts irregular heart rhythm symptoms 24 hours in advance AliveCor announced that the National Institute for Health and Care Excellence (NICE) has issued Medical Technologies Guidance (MTG) recommending KardiaMobile as an option for detecting atrial fibrillation (AF) for people with suspected paroxysmal AF, who present with symptoms such as palpitations and are referred for ambulatory ECG monitoring by a clinician. According to AliveCor, KardiaMobile is the first personal ECG...

SJVN to enter power trading business

SJVN to enter power trading business Central Electricity Regulatory Commission (CERC) has granted Trading License to SJVN Limited for interstate trading of electricity. The Commission said that SJVN meets the requirements of the Act and the Trading License Regulations for grant of inter -State trading license. Nand Lal Sharma, Chairman & Managing Director of SJVN said, “SJVN will now be trading electricity generated by any public & private generating companies including...

Schmersal Group expands in India, announces new subsidiary for IT & ES

Schmersal Group expands in India, announces new subsidiary for IT & ES Germany’s Schmersal Group today announced expansion of its footprint in India and launches new subsidiary Schmersal Global Competence Center Pvt Ltd (SGCC). “As part of our global strategy, the goal was to setup a competence centre in Pune for IT and Engineering Services (IT & ES). The overall goal of SGCC is to support IT and Engineering projects...

Cabinet approves Rs 12,031-Cr Green Energy Corridor scheme

Cabinet approves Rs 12,031-Cr Green Energy Corridor scheme The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the phase 2 of Green Energy Corridor (GEC) scheme for Intra-State Transmission System (InSTS) with estimated cost of Rs. 12,031.33 crore. Around 10,750 circuit kilometres (ckm) of transmission lines and 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations will be added under this scheme that will facilitate grid integration and...

NHPC, GEDCOL sign pact to develop 500 MW floating solar projects in Odisha

NHPC, GEDCOL sign pact to develop 500 MW floating solar projects in Odisha State-run hydro power giant NHPC on Wednesday has signed Promoters Agreement with Green Energy Development Corporation of Odisha Ltd. (GEDCOL) for development of 500 MW floating solar projects on different water bodies in Odisha. The agreement was signed by A. K. Singh, CMD of NHPC and Bishnupada Sethi, Chairman, OHPC & CMD, GEDCOL on 4th January in presence...

Electric mobility gains momentum in 2021: SMEV

Electric mobility gains momentum in 2021: SMEV The year 2021 has been a defining year for the electric vehicle market, especially the electric two-wheeler (E2W) in India. According to the Society of Manufacturers of Electric Vehicles (SMEV), the total sales of E2W, including high-speed (HS) and low-speed E2W, in the 12-month period (Jan-Dec) in 2021 increased by 132% over the corresponding year 2020. The industry registered sales of 233971 E2W...

ABB launches flameproof low voltage motors for explosive atmospheres

ABB launches flameproof low voltage motors for explosive atmospheres ABB India has unveiled its new range of flameproof (FLP) motors for applications in potentially explosive environments. According to the company, manufactured at the company’s Faridabad facility, these low voltage motors offer considerable benefits including low vibration levels with increased reliability for an extended lifetime and reduced maintenance requirements for a lower cost of ownership. “With this launch, we have set a...

Alka Mittal becomes ONGC’s first ever female Chairman & MD

Alka Mittal becomes ONGC’s first ever female Chairman & MD State-run Oil & Natural Gas Corporation (ONGC) has announced appointment of Dr Alka Mittal as the Chairman and Managing Director of the company. Mittal who is Director, Human Resources at ONGC has been given an additional charge as the CMD of ONGC. “She has become the first woman to head one of India’s most valuable public sector companies. Her appointment was...

H&K registers all-time high record of 67 project orders in single year

H&K registers all-time high record of 67 project orders in single year H&K (India) closed the calendar year 2021 with an order book of 67 project orders, logging an impressive increase of 49% versus the previous year and an all-time high four-year record of 201 orders.  Since 2018 the H&K team has been recording a strong year-on-year growth that includes 34 project orders in 2018; 55 in 2019; 45 in COVID-year...

Reliance New Energy Solar to acquire sodium-ion battery firm Faradion

Reliance New Energy Solar to acquire sodium-ion battery firm Faradion Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries, to acquire sodium ion battery technology provider Faradion for 100 million pounds including debt. “RNESL has signed definitive agreements to acquire 100% shareholding in Faradion for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial...

PM Modi inaugurates Kanpur Metro

PM Modi inaugurates Kanpur Metro Prime Minister Narendra Modi inaugurated Kanpur Metro Rail Project today. He inspected the Kanpur Metro Rail Project and undertook a metro ride from the IIT metro station to Geeta Nagar. He also inaugurated the Bina-Panki Multiproduct Pipeline Project. The pipeline extends from the Bina refinery in Madhya Pradesh to Panki in Kanpur and will help the region access petroleum products from the Bina refinery. Chief...

EVRE, Zyngo partner to power 10,000 EVs with 5,000 EV chargers

EVRE, Zyngo partner to power 10,000 EVs with 5,000 EV chargers EVRE, an EV charging infrastructure player today announced that it has entered into a partnership with Zyngo, a last-mile delivery provider for parking and charging infrastructure solution.  Zyngo operates an existing 500-plus fleet across 10 cities, and working towards achieving 10,000-strong EV fleet.  Under this partnership, EVRE will offer 5,000 EV charging stations across India within the next 24 months, which will be utilised by Zyngo and other EV...
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