Sector Energy and Power - Latest news, views and updates

Waaree Energies share rose after the company announced its arm, Waaree Solar Americas Inc. has started its commercial production of 1.6 GW Solar Module line at its Texas unit

Waaree Energies Starts Commercial Production From Its First US Solar Plant

NDTV Profit | 22 Jan 2025

Energy and Power

SECTOR | 22 Jan 2025

Sun Petrochemicals inks pact with Telangana govt for Rs 45,500 cr projects

Business Standard

Sun Petrochemicals has signed a MoU with the Telangana government for setting up large-scale pumped storage hydro power projects in the state with an investment of Rs 45,000 crore. The projects, "one of the single-largest investment deals ever", will come up in Nagarkurnool, Mancherial, and Mulugu districts of Telangana and are expected to create 7,000 jobs over a period, a release from the state government said. "These projects will have a combined capacity of 3,400 MW and will be complemented by downstream integrated solar power plants with a capacity of 5,440 MW. With an estimated investment of Rs 45,500 crore, this ambitious venture is expected to create over 7,000 jobs during the construction phase, significantly contributing to the socio-economic development of the State," it said. The pact was signed on the sidelines of the World Economic Forum being held in Davos. "Broadbasing the investment base and scope of Telangana, our government has been giving equal importance to all

Telangana signs MoU with Sun Petrochemicals for 3,400 MW pumped hydro projects

Business Line | 22 Jan 2025 1 more

Energy and Power

SECTOR | 22 Jan 2025

Avaada Secures Rs 8,500 Crore For Renewable Energy And Green Projects

NDTV Profit

The electric utility company has secured financial commitments from SBI, Yes Bank and multiple others.

Energy and Power

SECTOR | 21 Jan 2025

Renewables' share in India's energy mix to be stable at 21% in FY25: Ind-Ra

Business Standard

The share of renewables including large hydro in the country's overall energy mix is expected to remain stable at nearly 21 per cent in FY25, India Ratings and Research (Ind-Ra) said on Tuesday. The balance will be largely contributed by thermal capacity, the agency said in a report. "The share of renewables (including large hydro) in the overall energy mix is expected to remain stable at nearly 21 per cent in FY25, with the balance largely contributed by thermal," it said. As per official data, as of December 2024, India's overall power generation capacity was at 462 GW, of which 209.444 GW was renewables including hydro. The agency further said that it expects all-India energy requirement to grow 5-5.5 per cent year-on-year (yoy) during FY25, with incremental capacity additions of 30-35GW, largely led by renewables. Ind-Ra said it has also maintained a stable rating outlook for solar and wind projects for FY26, based on the historical generation profile (factoring volatility), .

Energy and Power

SECTOR | 21 Jan 2025

Waaree Energies Supplies 132.3 MW Of Solar Modules To Radiance Renewables

NDTV Profit

The solar project by Radiance Renewables is expected to offset approximately 202,826 tons of CO2 annually, directly contributing to India's climate action goals.

Energy and Power

SECTOR | 21 Jan 2025

Adani Energy wins 25,000 crore power transmission project

Business Line

The project involves establishment of 6 GW HVDC system between Bhadla and Fatehpur in Uttar Pradesh along with 7500 MVA transmission capacity

Waaree Renewable 24 GW Order Pipeline Draws Upon Solar Tailwinds

NDTV Profit | 21 Jan 2025

Energy and Power

SECTOR | 21 Jan 2025

CtrlS to set up 600 MW capacity data centre near Hyderabad

Business Line

When fully developed, the new facility will feature multiple high-density, AI-ready, interconnected data centre buildings with a potential capacity of over 600 MW IT load

Energy and Power

SECTOR | 20 Jan 2025

Appellate Tribunal for Electricity to hear JSW Renew plea against CERC order

Business Line

The dispute relates to CERC's rejection of a 10.83 lakh per MW/month tariff discovered through a transparent e-Reverse Auction in August 2022 for a Battery Energy Storage System pilot in Rajasthan