Opportunity India Desk

Electric Vehicle fleet operator 3eco Systems and battery-tech startup Log9 Materials have announced a partnership aimed to deploy over 2,000 InstaCharged Shakti 8 Cargo (S8Ci) EVs across India over the next 18 months. The vehicles’ deployments will be initiated from Bengaluru, Hyderabad and Chennai, and then extended to other metro cities. Notably, these Commercial Electric Vehicles (CEV) will be catering to e-commerce and hyperlocal ...

Wholly owned subsidiary of Energy Efficiency Services Limited, Convergence Energy Services Limited, on Tuesday revealed that while the company was discovering tenders for 6,465 Electric Buses it found that operational cost for electric buses were somewhere around 29 per cent less that diesel buses. CESL is exploring tenders for fulfilling the demand of Electric buses ...

The Delhi Government, on Monday, deployed 50 new electric buses for the city. This launch brought the Government in limelight while showing its eagerness toward making the city transport sustainable.  Dr. Mahendra Nath Pandey, Minister of Heavy Industries mooted on the launch, stating that these buses are deployed under the Second phase of Faster Adoption ...

Global EV fintech provider, Three Wheels United, has announced to partner Piaggio Vehicles Pvt Limited (PVPL) to jointly procure 3300 Electric 3Wheelers and deploe them across Delhi NCR Karnataka, Kerala, Telangana Uttar Pradesh, Maharashtra and Andhra Pradesh in upcoming 18 months. Both the companies signed Memorandum of Understanding for the same. This partnership is said ...

The government said that delayed payment applications filed by micro and small enterprises (MSEs) against central public sector units and departments dropped 11.7 per cent to 31,192 in the calendar year 2022 from 35,347 in 2021. The amount involved in these applications also dropped by 9 per cent from INR 7,849 crore to INR 7,128 ...

The gross bank credit across sectors in the current fiscal years stood five times higher than INR 2.12 lakh crore during the April-November period. It stood at INR 10.56 lakh crore, Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India said in a tweet on bank credit till November. “Credit is expanding across ...