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NTPC deploys hydrogen fuel cell buses in Leh
NTPC Limited has handed over five hydrogen fuel cell buses to the Sindhu Infrastructure Development Corporation Limited (SIDCO), under the Ladakh administration. These buses will soon begin commercial operations in Leh. This deployment follows the earlier commissioning of India’s highest-altitude hydrogen fuelling and green hydrogen mobility station in Leh in November 2024. Situated at 11,562…
Nexans divests AmerCable to Mattr for $280 million
French cable manufacturer Nexans has completed the sale of AmerCable, a specialist in electrical power, control, and instrumentation cables, to Mattr for $280 million. The move aligns with Nexans’ focus on its core electrification business, allowing it to concentrate on key market segments. The agreement, finalized in November 2024, values AmerCable at around five times…
ACS Energy secures pre-seed funding to expand EV charging network
ACS Energy, an EV charging platform based in Maharashtra, has raised Rs 11 million in a pre-seed round led by Infection Point Ventures. The company plans to use the funds to install more than 5000 UPI-enabled EV charging stations across Maharashtra and Gujarat. The rollout will use its smart AC chargers and ACS pay platforms….
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Coal Ministry signs coal gasification agreements with three firms
The Ministry of Coal (MoC) has signed coal gasification plant development and production agreements (CGPDPA) with three entities under Category II of the coal gasification financial incentive scheme. The selected companies are Jindal Steel and Power Limited, New Era Cleantech Solution Private Limited, and Greta Energy and Metal Private Limited. Launched on January 24, 2024,…
Bangladesh owes Tripura Rs 20 billion in electricity dues
Bangladesh owes Tripura Rs 20 billion for electricity supplied under an agreement with the Tripura State Electricity Corporation Limited. Tripura provides 60-70 MW of power, but the dues are increasing daily. Chief Minister Manik Saha stated that no decision has been made on halting the supply yet, but payment must be cleared to avoid disruptions….
CIB invests $224.2m in Goose Harbour Lake Wind Farm in Nova Scotia
The Canada Infrastructure Bank (CIB) has committed $224.2 million in loans to support the $450 million Goose Harbour Lake Wind Farm project in Guysborough County, Nova Scotia. Developed by Port Hawkesbury Paper Wind and RES Canada Construction, the wind farm will enhance Nova Scotia’s energy grid and provide clean power to Port Hawkesbury Paper, the…
