Essel plans Rs 17.5 billion project for EV charging infrastructure in UP
In order to implement the initiative of setting up electric vehicle charging and battery swapping infrastructure under Essel Green Mobility, Essel Infraprojects (EIL) is planning to invest Rs 17.5 billion in a phased manner. In 20 cities, EIL will set up 250 charging stations and 1,000 battery swapping stations.
Step in the right direction
While Green Energy Corridor may enhance transmission grid to a greater extent, the evacuation issues faced by the renewable energy segment may not get fully resolved in the near future.
EIL pledges Rs 5,700 cr for Jharkhand
Essel Infraprojects Limited (EIL) has committed an investment of Rs 5,700 crore for development and enhancement of infrastructure in Jharkhand. The MoU for investment would be inked between Government of Jharkhand and Essel Infra Projects Ltd.
Customer focus and preventive maintenance provide us edge
We have a business model where we are in both B2B and B2C markets. Our B2B endeavours include roads, transportation, power transmission lines, ports and metro rails among others, while our B2C business deals in providing integrated utilities like power, water, gas and internet to the masses.
A static mission
Private firms in the sector are keen on becoming integrated players by investing in the transmission sector, where the rate of return is on a par with the generation sector (around 16 per cent).
Topics that Power Today has covered over the past one year
This issue analysed the causes that led to the coal shortage and what the government´s response to that has been and which remedies can be explored. In addition, the IT in Power section covered the Perform Achieve and Trade scheme being implemented by BEE.
IIFCL seeks Korean investment in Indian infrastructure
With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.
India´s current aggregated technical & commercial (AT&C) losses have been estimated to be around 27 per cent of the electricity generated. Such high AT&C losses are counted as one of the main reasons for the state electricity board´s (SEBs) financially weak status.