Ola Gigafactory is a significant project by Ola Electric, aimed at transforming India’s energy landscape and advancing the country’s vehicle electrification journey.
Location:
The Gigafactory is situated in the Krishnagiri district of Tamil Nadu, India.
It spans over 115 acres and is likely to become the world’s largest EV cell manufacturing facility.
The initial production capacity is 1 GWh, with plans for expansion up to 20 GWh.
The factory will serve as…
Continue readingThe scheme aims to equip one crore (10 million) households with rooftop solar panels in a bid to provide electricity from solar energy… this is nothing short of HUGE!
The scheme would not only reduce the electricity bill of the poor and middle class but would also make India self-reliant in the energy sector.
Read more: Pradhan Mantri Suryodaya YojanaPM Modi has urged the officials to start a massive national campaign to mobilise residential segment consumers to adopt rooftop solar in large numbers.
Rooftop solar panels reduces the consumption of the grid-connected electricity and saves electricity cost for the consumer.
India reached around 73.31 GW as of December 2023… of which Rooftop solar is around 11.08 GW.
Centre’s National Rooftop Scheme provides financial assistance totaling 40% of the capital cost of a solar rooftop project.
Until 2016 the Wind Energy sector had enjoyed accelerated depreciation (AD) of 80 per cent under the Income Tax Act. But in March 2016 (Budget) Indian govt reduced 80% depreciation to 40% depreciation. Wind Energy in India has barely survived since then.
India needs to show the WEST that India can LEAD the world into Renewable Energy Transition
What is Accelerated Depreciation?: Accelerated depreciation is…
Continue readingPrahlad Singh and his friends look at each other, amused as they point to the handpump situated at the centre of their village. “This,” he says drawing an arc in the air, “used to be the grand battlefield.”
The stout middle-aged man, who works as a driver, cuts back to 2005. In those days there would be hundreds of women queuing up to fill their buckets. Invariably, there would be a few skirmishes over getting the buckets filled. But sometimes it got worse and led to even more serious incidents with the men taking sides and….
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