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Union Cabinet approves Rs 34.35 billion PM-eBus Sewa scheme for electric buses

The Union Cabinet has approved the “PM-eBus Sewa-Payment Security Mechanism (PSM) scheme” with an outlay of Rs 34.35 billion. The scheme aims to support the procurement and operation of over 38,000 electric buses (e-buses) from FY 2024-25 to FY 2028-29, with a 12-year operational period from deployment. Currently, most buses operated by Public Transport Authorities (PTAs) run on diesel or CNG, contributing to environmental pollution. E-buses, being eco-friendly and cost-efficient, are a more sustainable option….

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Union Cabinet approves Rs 124.61 billion for hydropower projects

The Union Cabinet has approved a revised budgetary support scheme for Hydro Electric Projects (HEP), with a financial outlay of Rs 124.61 billion. The scheme, running from FY25 to FY32, aims to support hydropower projects with a combined capacity of 31,350 MW. The updated scheme expands infrastructure support to include transmission lines, ropeways, railway sidings, and communication infrastructure, along with strengthening roads and bridges to improve access to remote project sites. This is expected to…

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Servotech wins contract to install 11 DC EV charging stations in Karnataka

Servotech Power Systems has won a contract to install 11 DC fast EV charging stations from Bangalore Electricity Supply Company (BESCOM). The stations will be set up at Regional Transport Office (RTO) locations across Karnataka, enhancing the state’s electric vehicle (EV) charging infrastructure. Servotech will oversee the project from design to installation, ensuring optimal placement and capacity at each RTO site. The charging stations will meet strict safety and performance standards, and the company will…

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Telangana’s TGSPDCL launches pilot project to convert villages to solar power

Telangana’s Southern Power Distribution Company Limited (TGSPDCL) has launched a pilot project to convert villages to solar power, starting with Kondareddypalli in Nagarkurnool district. This initiative is part of Chief Minister A Revanth Reddy’s broader plan to implement solar-powered villages across the state, with two pilot projects in the southern and northern discoms. To promote solar energy among farmers, Revanth Reddy has instructed officials to distribute free solar pump sets. Additionally, the government is exploring…

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Gujarat hydropower plants made a record in electricity generation in August’24

In August 2024, Gujarat’s hydropower plants generated 1,067.3 million units (MU) of electricity, a rise from 308.7 MU in July, due to monsoon-driven water inflows filling the state’s dams, according to ANI. The Sardar Sarovar Dam was the largest contributor, generating over 800 MU, with its River Bed Power House (RBPH) and Canal Head Power House (CHPH) stations producing a combined total of 891 MU. Additional contributions came from the Ukai Dam, which generated 143.1…

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Honda Power partners with Bhago Mobility for green fleet

Honda Power Pack Energy, a subsidiary of Honda Power Company, has partnered with Bhago Mobility to offer green fleet management services for electric vehicles in last-mile delivery. The collaboration will deploy Honda e: Swap-powered electric vehicles in Bangalore and Delhi, benefiting e-commerce fleets and passenger mobility. Bhago Mobility plans to launch 100 electric cargo vehicles in the coming months of 2024, to expand to 10,000 vehicles within three years. These vehicles will be stationed at…

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Performance-based grant of Rs 19.6 billion allocated to 131 cities for clean air

A performance-based grant of Rs 19.6 billion has been allocated to 131 cities under the National Clean Air Programme (NCAP) to implement their Clean Air Action Plans. The funds, distributed from 2019-20 to 2025-26, aim to achieve a 40% reduction in PM10 levels and meet the National Ambient Air Quality Standards. So far, Rs 11.2 billion has already been disbursed to support these efforts. According to the latest data from the Ministry of Environment, 21…

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NTPC partners with USAID to achieve net zero emissions in townships, offices by 2025

NTPC has signed an MoU with USAID’s India Mission to create a roadmap for transforming its townships and offices into net zero establishments.  NTPC aims to achieve net zero Scope 2 emissions in its townships and offices by FY 2025-26. Efforts are also underway to make these locations net zero in water and waste. The MoU outlines the development of strategies and a roadmap for achieving these goals, including benchmarking, implementation, certification, and national-level scaling….

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India’s auto component sector targets USD 100 billion in exports by 2030: Piyush Goyal

Union Minister Piyush Goyal expressed confidence that India’s auto component sector will hit its $100 billion export target by 2030. At the 64th Annual ACMA Session in New Delhi, he urged the industry to focus on organic growth, global outreach, and technological advancements, leveraging India’s status as the third-largest auto market. He emphasized the need for strong R&D and encouraged using the Rs 1 trillion Anusandhan National Research Foundation (ANRF) fund for public-private-academic partnerships. Goyal…

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India and UAE sign LNG and nuclear agreements during Crown Prince’s visit to New Delhi

India and the UAE have signed five agreements, focusing on energy collaboration. Prime Minister Narendra Modi held talks with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan during his visit to India. ADNOC and Indian Oil Corporation (IOC) signed a 15-year deal for 1 million tonnes of LNG annually. ADNOC also partnered with India Strategic Petroleum Reserve Limited (ISPRL) to explore crude storage options in India. Urja Bharat, a joint venture…