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Nearly 280,000 vehicles have been supported by way of extending demand incentives of about Rs 3.59 billion since the rollout of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) scheme in 2015.

Govt of India and Asian Development Bank (ADB) have signed a $451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC), which is part of the East Coast Economic Corridor (ECEC), in Tamil Nadu on Thursday. ADB is the lead partner for developing ECEC.

Perkins Engines Co. Ltd, a subsidiary of Caterpillar Inc., has announced the appointment of David Nicoll in the Industrial Large Engine department as Product Manager. Nicoll will lead global strategy, product introductions and lifecycle management for industrial 9.3-18 litre engines at the Mossville facility in Illinois, US.

The 21st edition of the LED Expo was successfully held in New Delhi from November 14-16. Often described as India’s most influential platform to source and trade lighting technologies, the exposition featured nearly 400 exhibitors from nine countries, several product launches and a future zone.

Once impenetrable to technological advances, the power industry is in a state of churn.

Siemens Financial Services (SFS) has released a new research paper which focuses on digital transformation in the manufacturing industry stating that the key point is ceasing to be one of ‘whether’ to invest in transformation, but rather ‘when’.

In those countries, REITs are a market-proven model that has withstood the test of time and produced very attractive returns for their investors. Globally, REITs have responded quite favourably to the evolving market dynamics.

Sterlite Power has submitted bids for two storage projects in the recently concluded auction of Salt River Project utility. This marks the first foray of Sterlite Power into grid connected battery energy storage systems (BESS).