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Essar to invest 750 million pound to set up hydrogen project in UK


Essar Group in partnership with clean energy specialist Progressive Energy will invest 750 million pound to build the UK s biggest low carbon hydrogen production hub at Stanlow refinery in Ellesmere Port, Cheshire.
The investment in two plants will be part of the HyNet scheme, a project to supply low carbon hydrogen to industrial sites and homes in north-west England.
The joint venture will manufacture hydrogen at the refinery for use across the HyNet region, the firms said in a statement.
The plants would be built next to Essar s Stanlow refinery in north-west England. Natural gas, and fuel gases from the refinery, will be converted into low carbon hydrogen, with carbon dioxide captured and stored in depleted undersea gas fields 60 km offshore in Liverpool Bay. ....

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TVS Motor December sales rise 17.5% YoY


TVS Motor Company said the company s total sales grew 17.5% year-on-year to 272,084 units in December 2020 as against 231,571 units in December 2019.
Total two-wheeler sales grew by 20% to 258,239 units in December 2020 over December 2019. Domestic two-wheeler sales rose 13% to 176,912 units.
The company s total exports rose 28% to 94,269 units in the month of December 2020 as against 73,512 units in December 2019.
The company s three wheeler sales declined to 13,845 units in December 2020 as against 15,952 units in December 2019.
Shares of TVS Motor Company closed 1.06% higher at Rs 490.70 on Friday (1 January 2021).
TVS Motor Company is a two and three-wheeler manufacturer and is the flagship company of TVS group.
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