Mahindra and Adani Total Gas to develop EV charging infrastructure in India
Mahindra & Mahindra and Adani Total Energies E-Mobility signed a memorandum of understanding (MOU) to develop electric vehicle (EV) charging infrastructure across India.
21 March 2024
21 March 2024
Mahindra & Mahindra and Adani Total Energies E-Mobility signed a memorandum of understanding (MOU) to develop electric vehicle (EV) charging infrastructure across India.
The news follows cuts made in November after the company posted a 44% drop in profits.
The reactors could improve indigenous people’s access to electricity.
The projects aim to link the country's eastern and western regional power grids.
Established in 2009, Avantus has 94 gigawatt-hours (GWh) of battery storage capacity and 30GW of solar power in pipeline projects.
The first turbines at Sørlige Nordsjø II will be installed by 2030.
SouthCoast Wind Energy aims to build 2.4GW of offshore projects near the coast of Massachusetts.
The estimated total investment in the network expansion project is €1.44bn ($1.56bn), of which €740m will be provided by Iberdrola.
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