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Energy and Power

SECTOR | 07 Jan 2025

L&T Share Price Tips Higher After Securing 'Large' Orders For Power Transmission Vertical

NDTV Profit

Larsen & Toubro did not disclose the exact value of the contracts, but confirmed they fall within the Rs 2,500-5,000 crore range.

Energy and Power

SECTOR | 06 Jan 2025

CERC rejects SECI's first battery storage project over two-year delay

Business Standard

SECI which is the renewable energy project tendering agency under the aegis of the Ministry of New and Renewable Energy awarded this project in 2022

Energy and Power

SECTOR | 06 Jan 2025

NTPC To Mix Bamboo With Coal For Clean Energy Production In Solapur Thermal Plant: Pasha Patel

NDTV Profit

This development comes after Chief Minister Devendra Fadnavis wrote to the NTPC chairman proposing to start India's first biomass-based thermal power project at its Solapur Super Thermal Power Station, a 1,320 MW coal fired project.

Energy and Power

SECTOR | 06 Jan 2025

Sterlite Grid 32 gets Rs 2,450 cr via listed NCDs to refinance MUML project

Business Standard

Power transmission solution provider Sterlite Grid 32 Ltd (SGL32) on Monday announced securing Rs 2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project. The National Bank for Financing Infrastructure and Development (NaBFID) and India Infrastructure Finance Company Limited (IIFCL) have emerged as the successful bidders to the NCDs that have been listed on the Bombay Stock Exchange (BSE), according to a statement. This is the first listed NCD issuance of Sterlite Grid 32 Limited after its joint venture with GIC of Singapore. The NCDs are rated AA+ stable by CRISIL Ratings. The infrastructure business of Sterlite Power Transmission Ltd was demerged into Sterlite Grid 5 Limited (SGL5) effective October 8, 2024. SGL5 has recently entered into a joint venture with GIC of Singapore, following which SGL5 is to execute all its transmission projects in India through Sterlite Grid 32 Limited (SGL32). Pratik Agarwal, Director, Sterlite Gri

Energy and Power

SECTOR | 06 Jan 2025

Gensol Engineering share: Small-cap solar, EV stock jumps 6% after receipt of 1,061 crore project

livemint

Gensol Engineering shares rose 6.13% to 796.40 after winning a significant EPC contract for a 275 MW solar PV project in Gujarat, valued at 1,061.97 crore.

Energy and Power

SECTOR | 06 Jan 2025

Waaree Energies commences trial production at solar cell manufacturing unit in Gujarat

Business Line

At 5.4 GW capacity, it attains the position of India's largest advanced solar cell manufacturing plant, stated the company in an official release

India set to add 18 GW coal-based power capacity by FY26

Business Line | 06 Jan 2025

Energy and Power

SECTOR | 06 Jan 2025

NTPC Green shares gain 4% in trade; What's boosting upmove in stock?

Business Standard

NTPC Green and Uttar Pradesh Rajya Vidyut Utpadan Nigam formed a joint venture to develop, operate, and maintain Renewable Energy Parks and projects

Energy and Power

SECTOR | 05 Jan 2025

NTPC Green's Arm Wins 1,000 MW Solar Power Project

NDTV Profit

The tender is part of process to select solar power developers for 2000 MW of ISTS-connected solar PV projects across India.

NTPC Renewable Energy bags 1,000-MW solar power project

Business Line | 05 Jan 2025

Energy and Power

SECTOR | 04 Jan 2025

India ahead of other nations in green hydrogen sector: Union minister Joshi

Business Standard

Union Minister of New and Renewable Energy Pralhad Joshi on Saturday said India is ahead of other countries in the field of green hydrogen. The Union government has floated a tender for the world's largest green ammonia demonstration project, he said during a visit to a floating solar plant in the Omkareshwar Dam in Madhya Pradesh's Khandwa district. Further, the work of offshore wind power projects is underway and tenders have been invited in Gujarat, the minister told reporters. "When we talk about offshore wind power, it means installing windmills in the sea, which requires development and upgradation of ports and transmission infrastructure. Along with this, work on geothermal (power) is also underway, though it is at the primary stage," Joshi said. A revolution is taking place in the field of solar energy, and India is becoming the world leader in renewable energy, he said. "India is ahead in the field of green hydrogen, compared to other countries. We have floated a tender .

Energy and Power

SECTOR | 03 Jan 2025

Telangana To Add 20,000 Megawatts Renewable Energy By 2030 With New Policy

NDTV Profit

Telangana is targeting to achieve an additional 20,000 MW of renewable energy and storage capacity by 2030, he said.

KPI Green Energy shares fall 3% despite 32.15 MW solar project wins for subsidiary

Business Line | 03 Jan 2025 2 more