Monthly Archives: June 2020

Hyundai County Electric Minibus launched, features , price and more

Hyundai Motor Company has  launched its first electric minibus named as County Electric for the Korean market, providing an economical, eco-friendly, safe and convenient alternative to diesel-powered buses. The 7,710-mm-long County Electric is equipped with a high-efficiency and high-power 128-kWh lithium-ion-polymer battery that provides a range of 250 km on a full charge. Hyundai Motor […]

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Austria to support purchase of electric cars with 5,000 euros

In a bid to propel green mobility in the county, Austria will support the purchase of electric cars with 5,000 euros from July, Economy Minister Leonore Gewessler said on Monday. “Traffic is and remains the problem child of the climate balance,” Gewessler said at a news conference. “We want to deploy all available instruments for […]

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Agreement for 600 MW hydroelectric project in Bhutan signed

External Affairs Minister S Jaishankar on Monday attended via video conference the signing ceremony of Concession Agreement for 600 MW Kholongchhu JV-Hydroelectric Project in Bhutan. Happy to join @FMBhutan & @BhutanMoea in witnessing the signing of Concession Agreement for the 600 MW Kholongchhu Hydroelectric Power Project for #CleanEnergy. Another example of the symbiotic cooperation between […]

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PFC, REC likely to restrict funding to projects based on Chinese equipment

The government’s economic response against China may see public sector financiers restricting funding of projects that ise equipment from the neighbouring country, sources said on Monday. The practice would first be adopted in the power sector, where state-owned Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) propose to […]

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DGTR calls for meeting on Friday over solar cells safeguard duty

The commerce ministry’s investigation arm DGTR taking probe for continued imposition of safeguard duty on solar cell imports forward has called concerned parties for oral hearing on Friday. In March this year, an application for review and extension of safeguard duty has been filed by Mundra Solar PV, Jupiter Solar Power, and Jupiter International through […]

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Sensor market growth will be dictated by increase in demand for EVs: Strategy Analytics

Sensor market growth will be dictated by an expected increase in demand for electric vehicles. The “Strategy Analytics Powertrain Body Chassis and Safety (PBCS) service report, “Global xEV Sensor Market 2018-2027,” forecasts that the global market for current, position/speed and temperature sensors, will grow at a CAAGR of 25.7% over the 2019 – 2024 timeframe. The […]

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Dismissing canards against power reforms, R K Singh says making sector viable only challenge left

Brushing aside canards being spread by certain lobbies against reforms, Power Minister R K Singh on Friday said the only challenge left is to make the sector viable through efforts like amendments in the Electricity Act and revising tariff policy. “India is a power surplus nation. We are well connected (in terms of power transmission). […]

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