Ola Electric's Solid-State Battery Revolution
July 3, 2024, 3:52 am
Vedanta Resources Limited
Location: United Kingdom, England, London
Employees: 10001+
Founded date: 1976
Total raised: $467.04K
Ola Electric, the Indian electric scooter manufacturer, is making waves in the industry with its development of solid-state batteries. Chairman Bhavish Aggarwal revealed that the company is on track to power its vehicles with these innovative cells by next year. Solid-state batteries offer improved safety, longer lifespan, and faster charging compared to traditional lithium-ion batteries. Ola's move towards localizing cell manufacturing is a strategic step to reduce costs and enhance the efficiency of their electric scooters. With giants like Toyota also investing in solid-state battery technology, the future of electric vehicles looks brighter than ever.
GAIL's Urja Ganga Gas Pipeline Project Faces Delay Until March 2025
GAIL (India) Ltd's Urja Ganga gas pipeline project, aimed at enhancing natural gas availability in eastern India, is facing delays and is now expected to be completed by March 2025. The project, crucial for providing clean and affordable natural gas to states in eastern India, has encountered challenges such as land acquisition issues and regulatory clearances. Despite setbacks, GAIL remains committed to completing the project and contributing to India's energy security strategy. The Urja Ganga pipeline is a vital component in promoting cleaner energy solutions and economic growth in the region.
Vedanta Aluminium's Environmental Excellence
Vedanta Aluminium, India's largest producer of aluminum, has been recognized for its environmental and energy excellence with prestigious awards. The company's alumina refinery unit at Lanjigarh, Kalahandi district, received the Kalinga Energy Excellence Award and Kalinga Environment Excellence Award. These accolades highlight Vedanta's commitment to sustainability and environmental stewardship. By undertaking initiatives to reduce its environmental footprint, Vedanta sets a benchmark for the industry and demonstrates the importance of responsible corporate practices.
IREDA's Loan Surge Signals Growth
IREDA, a public sector non-banking financial company, experienced significant growth in sanctioned loans during April-June FY25. The company's loan disbursements saw a notable increase, reflecting a positive trend in the renewable energy sector. With a focus on financing sustainable projects, IREDA plays a crucial role in supporting India's transition towards cleaner energy sources. The surge in loans indicates a growing demand for renewable energy solutions and underscores the importance of financial support in driving the country's energy transformation.
India and Australia Forge Partnership in Critical Minerals
India and Australia are exploring opportunities to enhance cooperation in critical minerals, processing, and battery production. The two countries have signed an interim free trade agreement and are working towards a comprehensive pact to strengthen their economic ties. By collaborating in areas such as battery production and mineral processing, India and Australia aim to leverage each other's strengths and drive innovation in the electric vehicle industry. The partnership signals a strategic move towards sustainable energy solutions and underscores the importance of international collaboration in addressing global challenges.
GAIL's Urja Ganga Gas Pipeline Project Faces Delay Until March 2025
GAIL (India) Ltd's Urja Ganga gas pipeline project, aimed at enhancing natural gas availability in eastern India, is facing delays and is now expected to be completed by March 2025. The project, crucial for providing clean and affordable natural gas to states in eastern India, has encountered challenges such as land acquisition issues and regulatory clearances. Despite setbacks, GAIL remains committed to completing the project and contributing to India's energy security strategy. The Urja Ganga pipeline is a vital component in promoting cleaner energy solutions and economic growth in the region.
Vedanta Aluminium's Environmental Excellence
Vedanta Aluminium, India's largest producer of aluminum, has been recognized for its environmental and energy excellence with prestigious awards. The company's alumina refinery unit at Lanjigarh, Kalahandi district, received the Kalinga Energy Excellence Award and Kalinga Environment Excellence Award. These accolades highlight Vedanta's commitment to sustainability and environmental stewardship. By undertaking initiatives to reduce its environmental footprint, Vedanta sets a benchmark for the industry and demonstrates the importance of responsible corporate practices.
IREDA's Loan Surge Signals Growth
IREDA, a public sector non-banking financial company, experienced significant growth in sanctioned loans during April-June FY25. The company's loan disbursements saw a notable increase, reflecting a positive trend in the renewable energy sector. With a focus on financing sustainable projects, IREDA plays a crucial role in supporting India's transition towards cleaner energy sources. The surge in loans indicates a growing demand for renewable energy solutions and underscores the importance of financial support in driving the country's energy transformation.
India and Australia Forge Partnership in Critical Minerals
India and Australia are exploring opportunities to enhance cooperation in critical minerals, processing, and battery production. The two countries have signed an interim free trade agreement and are working towards a comprehensive pact to strengthen their economic ties. By collaborating in areas such as battery production and mineral processing, India and Australia aim to leverage each other's strengths and drive innovation in the electric vehicle industry. The partnership signals a strategic move towards sustainable energy solutions and underscores the importance of international collaboration in addressing global challenges.