Don’t miss the latest developments in business and finance.

Electrification

With the electrification of two key routes, the northeastern state of Meghalaya will see the operation of electric trains for the first time, the Railways said in a statement. The Northeast Frontier Railway has achieved the milestone by commissioning a 22.823 track kilometre single-line stretch of Dudhnai-Mendipathar and 34.59 track kilometre between the Abhayapuri-Pancharatna double-line section on March 15. In a statement, the Railways said that presently Mendipathar is the only railway station in the north-eastern state of Meghalaya which is in operation since 2014 after being inaugurated by the prime minister. After the commissioning of electric traction, trains hauled by electric locomotive will now be able to operate directly from Mendipathar in Meghalaya which will increase the average speed. "More passenger and freight carrying trains will be able to operate through these sections with full sectional speeds. Punctuality will also increase in this section. Parcel and freight

Updated On: 17 Mar 2023 | 7:23 PM IST

The Central Railways (CR) has achieved a significant milestone with 100 per cent electrification of its entire Broad Gauge Network (3,825 kilometres), according to an official statement on Friday

Updated On: 10 Mar 2023 | 7:50 PM IST

India is now much ahead of other large railway networks in the world in terms of electrification - with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent

Updated On: 23 Feb 2023 | 12:33 AM IST

Electrification and automation major ABB India can utilise around Rs 1,800 crore of its cash balance for inorganic growth or acquisitions apart from organic expansion plans, a top company official said. The company has identified high-growth potential segments, including transportation, data centres, electronics, warehousing and logistics, water, renewable, food and beverage, pharma and healthcare, automotive, etc. "We have a robust cash balance of Rs 3,616 crore, which can support (it) to take part in the bolt-on acquisition strategies to the extent of 50 per cent of cash available, apart from organic expansion plans," Sanjeev Sharma, Country Head and Managing Director, ABB India told reporters. Sharma stated that its electronics, railways & metro, data centres, warehouse & logistics and renewables segments are growing at a high rate of 15 per cent and above. Food & beverage, pharma & healthcare, water & wastewater and automotive segments are growing at a moderate

Updated On: 11 Feb 2023 | 6:15 PM IST

Over half all three-wheeler registrations are of electric vehicles; Surge in e-rickshaws puts category miles ahead of two-wheelers

Updated On: 21 Nov 2022 | 11:17 PM IST

Under Saubhagya, the Centre provided 60 per cent of the project finance to states for giving connections to rural households, and the rest was borne by states

Updated On: 28 Jun 2022 | 9:13 AM IST

The total electrification will help reduce carbon emission significantly and support the Indian Railway in achieving its target of making the country's railway network carbon neutral by 2030

Updated On: 27 May 2022 | 1:03 PM IST

Train operations with electrical traction will be implemented on the route in a phased manner, the KR releases said

Updated On: 29 Mar 2022 | 10:34 PM IST

Night light data shows more electrification in northern and middle parts of the country

Updated On: 31 Jan 2022 | 10:28 PM IST

The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22.

Updated On: 31 Jan 2022 | 4:38 PM IST

Nissan Motor Co announced it will spend 2 trillion yen ($17.59 billion) over the next five years to accelerate vehicle electrification

Updated On: 29 Nov 2021 | 9:39 AM IST

Electrification of 68,155 route kilometre (RKM) broad-gauge railway routes by December 2023 is nearing completion

Updated On: 05 Nov 2021 | 6:02 AM IST

West Bengal has achieved 99.9 per cent rural household electrification with Darjeeling district getting completely electrified, a senior official of the state Power department said on Saturday

Updated On: 17 Oct 2020 | 6:13 PM IST

The number of un-electrified households stood at 320,422 till August-end this year under the Saubhagya Scheme, which is meant for achieving 100% universal electrification of homes in the country

Updated On: 17 Sep 2020 | 7:03 PM IST

The acquisition of Amsterdam-based electric scooter startup Etergo by Ola earlier this year, was a first step in that direction, Aggarwal said

Updated On: 10 Jul 2020 | 8:06 PM IST

Need to electrifiy 9,700 km in 4 yrs, achieves only 41% target for 2019-20 till Jan

Updated On: 05 Mar 2020 | 9:44 PM IST

According to the study, households tended to have more male-used appliances than neutral, and more neutral than female-used appliances

Updated On: 26 Dec 2019 | 12:41 PM IST

In Q1FY20, sales growth of transformers fell 7%, transmission lines 8%, capacitors by 29%

Updated On: 12 Sep 2019 | 1:05 AM IST

There is immense potential for lubrication and maintenance services to deliver significant business value, said Flood

Updated On: 28 Aug 2019 | 11:24 PM IST

Moving from a stage of power connectivity to that of real electrification will be tricky unless it is backed by changes in the Electricity Act

Updated On: 02 May 2018 | 6:00 AM IST