Even as the government is keen to increase the footprint of electric vehicles across the country, out of `5,171.97 crore allocation made for the Centre’s pet Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme for its second phase, only `180 crore has been earmarked for chargers in the Union budget for 2023-24. Around `3,000 […]
Statkraft, first MNC to buy bankrupt Indian power firm – EQ Mag
Europe’s largest renewable energy company Statkraft is set to become the first MNC player to buy an Indian power company under the insolvency and bankruptcy code (IBC) process after national company law tribunal (NCLT) approved its Rs. 180 crore offer for Lanco Mandakini Hydro Energy, as per court documents reviewed by ET. Oslo-headquartered Statkraft was […]