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SECTOR | 24 Mar 2025

Wickremesinghe slams Dissanayake govt for Adani energy project failure

Business Standard

Sri Lanka's former president Ranil Wickremesinghe has criticised President Anura Kumara Dissanayake-led government for failing to move ahead with a Renewable Energy Project in Mannar with Indian Conglomerate, Adani. Wickremesinghe made these remarks during a televised discussion on Saturday the text of which was released on Monday. He also stressed the need for Sri Lanka to enhance economic cooperation with India to maximise results for the island nation. Wickremesinghe said during his two-year term in 2022, he emphasised a South India-focused economic framework in areas of renewable energy, agriculture, and trade links. "I explored many avenues for economic cooperation with India. Regrettably, the current government has failed to pursue the Adani renewable project in Mannar." He criticised them for failing to move ahead with the Renewable Energy Project in Mannar with Indian Conglomerate, Adani. He said he saw no logic in the NPP government's attempt to renegotiate the Adani gre

Energy and Power

SECTOR | 23 Mar 2025

Andhra Pradesh bags nearly Rs 4 trillion green investments in 8 months

Business Standard

According to a Central Electricity Authority (CEA) roadmap, of the targeted 500 gigawatts (Gw) generation capacity from non-fossil fuel resources by 2030, 86 Gw of RE potential is in South India

Energy and Power

SECTOR | 23 Mar 2025

Renewable sector poised for third consecutive year of record capacity addition

Business Line

Fiscal year set to witness the highest-ever renewable energy capacity addition with new additions expected to surpass 25 GW

Energy and Power

SECTOR | 22 Mar 2025

Delhi saves 269 MW by switching off non-essential power during Earth Hour

Business Standard

Delhi saved 269 MW power joining hands with other cities of the world by switching off non-essential electrical appliances during the Earth Hour on Saturday. The lighting around the India Gate was also switched off to mark the Earth Hour. Last year, the city managed to save 206 MW power during the Earth Hour observed from 8.30 PM to 9.30 PM, under the aegis of World Wide Fund (WWF) to create awareness about the need to protect the nature and planet earth. The BSES discoms saved 159 MW of power during the Earth Hour with people switching off electrical appliances, said a company spokesperson. Tata Power-DDL consumers collectively saved 74 MW during the Earth Hour 2025 by switching off non-essential lights from 8:30 PM to 9:30 PM, said a spokesperson of the discom. "This Earth Hour, we turned awareness into meaningful action by actively engaging with our workforce, customers, resident welfare associations and industrial welfare associations through targeted and impactful communicati

Energy and Power

SECTOR | 21 Mar 2025

India targets 1.91 lakh ckm of power lines, 1274 GVA by 2032: Manohar Lal

Business Standard

Union Power Minister Manohar Lal on Friday said that India has planned to add about 1.91 lakh ckm (circuit kilometre) of transmission lines and 1274 GVA of transformation capacity by 2032. Addressing a meeting of the Parliamentary Consultative Committee of Members of Parliament for Ministry of Power on Thursday evening he stated that power is a critical component in achieving the goal of a developed India by 2047. He said that the National Electricity Plan provides the details of transmission system required to be added in the country during the period 2023 to 2032, commensurate with the generation capacity addition and growth of electricity demand in the country. He also said that the optimal utilization of generating capacity can be ensured with availability of adequate transmission system, which is the requirement of a reliable power system. As per the NEP- Transmission, about 1.91 lakh ckm of transmission lines and 1274 GVA of transformation capacity is planned to be added duri

Energy and Power

SECTOR | 21 Mar 2025

BHEL share price: Maharatna stock jumps 3% after receipt of 7500 crore order win

livemint

BHEL shares rose over 3% on March 21 after securing a 7,500 crore order from GSECL for the EPC package of 1x800 MW Ukai Extn. Unit-7. The project includes supply and commissioning of various equipment, to be completed within 54 months.

BHEL shares jump 3% on 7,500 order win from Gujarat State Electricity Corp

Business Standard | 21 Mar 2025 1 more

Energy and Power

SECTOR | 20 Mar 2025

Buy, Sell Or Hold: Maruti Suzuki, Motilal Oswal, Samvardhana Motherson, Piramal Pharma Ask Profit

NDTV Profit

Analysts also shared insights on the share prices of Indian Renewable Energy Development Agency, NMDC and IRB Infrastructure Developers.

Energy and Power

SECTOR | 20 Mar 2025

Tata Power awards 2,470 crore pumped storage project contract to HCC-TPL

Business Line

The 50:50 joint venture will build a 1000 MW capacity facility consisting of four units (2x333 MW + 2x167 MW)

Adani Green Energy Commissions 250 MW Solar Power Plant In Rajasthan

NDTV Profit | 20 Mar 2025 5 more

Energy and Power

SECTOR | 19 Mar 2025

Hazoor Multi Projects incorporates wholly owned subsidiary to expand green energy business

livemint

Hazoor Multi Projects Limited has established Hazoor New & Renewable Energy Private Limited to enhance its presence in the power and green energy sector. The subsidiary will focus on renewable solutions and infrastructure development.

Energy and Power

SECTOR | 18 Mar 2025, 05:09PM

ONGC Green Eyes M&A Route For 1 GW Capacity In FY26

NDTV Profit

Total investments for acquisition of 1 GW capacity, including debt and equity, will be close to Rs 7,000 crore, says the CFO.

Peak power demand likely to grow by 7% Y-o-Y in FY27

Business Line | 18 Mar 2025, 01:02PM 3 more