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Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

Green Car Congress

Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. As a rapidly developing country, India’s energy transition will play a pivotal role in global energy markets.

India 170
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India-based ReNew Power, Egypt to invest $8B in green fuels production in Suez Canal zone

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The production capacity in the second phase during 2025-2029 aims to produce 200,000 tons of green hydrogen and one million tons of green ammonia with estimated investments of about $7,147 billion. The first phase will be in 2023-2025, with about $710 million targeted to produce 100,000 tons of green ammonia and 20,000 tons of green hydrogen.

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Brakes India and ADVICS plan JV for advanced braking systems production in India – ET Auto

Baua Electric

Based out of the southern part of India, the company will be set up with an investment of over INR 500 crores employing more than 300 people over the next few years. A green field project, this JV entity will be funded by both Brakes India and ADVICS with a 51:49 shareholdings respectively.

India 52
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GlobalData: Global coal production set to grow to 2022, despite major players scaling down capacities

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Although Germany, the UK, US, Canada and Ukraine are phasing out domestic coal production capacity, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3% in coal production over the next four years, with output reaching 7.6 to 7,188.8 to 7,194.1

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Renault and Nissan investing $600M in new models for India, including two EVs

Green Car Congress

Renault and Nissan announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. Complementing the additional production will be an increase in R&D and associated activities at the Renault Nissan Technology & Business Center India.

India 332
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Octillion shipping 1,500 battery packs per day globally

Green Car Congress

Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. Octillion Power Systems’ factory in Hefei, China.

Global 329
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ACMA‘s Global Summit and Expo places India at the forefront of EV parts production, innovation – ET Auto

Baua Electric

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd. billion to 4 billion in manufacturing and R&D over the past five years.

India 52