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UltraTech Cement to Acquire Kesoram's Cement in a Rs 6.45 Bn Deal
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Tata Power-DDL, Nissin Electric to Launch India’s First Micro Substation
Tata Power Delhi Distribution (Tata Power-DDL) and Kyoto-based Nissin Electric have partnered to launch a demonstration project aimed at supplying electricity to remote areas in India using the country’s first micro substation equipped with a Power Voltage Transformer (PVT). This innovative project is part of Japan's Energy Efficiency Technologies initiative, led by the New Energy and Industrial Technology Development Organization (NEDO). The micro substation will directly convert high-voltage power from nearby transmission lines to low-voltage electricity suitable for residential use, elimi..
Maruti Suzuki to Launch First EV with 500 km Range
Maruti Suzuki India is set to launch its first electric vehicle (EV) in January 2025, a mid-size SUV expected to have a range of 500 km per charge. The automaker made this announcement during the annual session of the Society of Indian Automobile Manufacturers (SIAM) in New Delhi. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, revealed that the new EV will be powered by a 60 kilowatt-hour (kWh) battery and will cater to both the Indian market and international markets such as Europe and Japan. The SUV, likely to be called the eVX, is estimated to be priced above ?15 lakh ..
India to Become Export Hub for Lithium-Ion Batteries
Union Minister of Road Transport and Highways, Nitin Gadkari, announced that India will soon be in a position to export lithium-ion batteries globally. Speaking at the 64th annual convention of the Society of Indian Automobile Manufacturers (SIAM) in New Delhi, Gadkari emphasized the rapid progress in lithium-ion battery manufacturing in the country, with major companies like Adani, Tata, Maruti, LG, and Samsung entering the market. "I’m confident that we'll soon export lithium-ion batteries to different parts of the world," Gadkari said. He also highlighted ongoing research in new battery ..
