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Energy and Power

SECTOR | 04 Nov 2024

John Cockerill To Invest Rs 6,000 Crore In Green Steel Tech, Defense Sector Profit Exclusive

NDTV Profit

John Cockerill is collaborating with Greenko Group to set up a 1 GW per annum electrolyser manufacturing plant that can be expanded to 2 GW at a later date.

Energy and Power

SECTOR | 04 Nov 2024

India To Revamp Power Demand Forecasting For Better Planning

NDTV Profit

Central Electricity Authority is seeking longer-term climate projections from the India Meteorological Department to upgrade its models.

Energy and Power

SECTOR | 01 Nov 2024

Adani Power reduces supply to Bangladesh over outstanding bills: Report

Business Standard

India's Adani Power Jharkhand Limited (APJL), a wholly-owned subsidiary of Adani Power, has stopped half of its power supply to Bangladesh because of outstanding bills of USD 846 million, according to a local media report on Friday. Data from Power Grid Bangladesh PLC showed the Adani plant reduced supply on Thursday night, The Daily Star newspaper said. Bangladesh reported a shortfall of more than 1,600 megawatts (MW) on the intervening night of Thursday and Friday as the 1,496 MW plant is now producing 700 MW from a single unit, the newspaper reported. Earlier, the Adani company wrote to the power secretary asking the Bangladesh Power Development Board (PDB) to clear its outstanding dues by October 30. The letter, dated October 27, said that if the bills are not paid, the company shall be constrained to take remedial action under the Power Purchase Agreement (PPA) by suspending the power supply on October 31. The company said that the PDB has neither provided a letter of credit

Power consumption rises marginally to 140.4 billion units in October

Business Standard | 01 Nov 2024

Energy and Power

SECTOR | 31 Oct 2024

Tata Power charges 4% post Q2 results; Should you buy, sell or hold?

Business Standard

Tata Power Renewable Energy estimated the impact of stamp duty related to a merger at Rs 140 crore during the quarter, which the company disclosed as an exceptional item

DCM Shriram Q2 results: Net profit jumps 95% to Rs 62.92 cr on strong sales

Business Standard | 30 Oct 2024 2 more

Energy and Power

SECTOR | 31 Oct 2024

Insolation Energy secures record 500.5 crore solar project in Rajasthan

Business Line

The contract with Rajasthan Renewable Energy Corporation Ltd includes design, supply, installation, and 25-year maintenance of rooftop solar projects in Jaipur, Ajmer, and Kota

Energy and Power

SECTOR | 31 Oct 2024

Hitachi Energy Bets On These Segments To Drive Growth In Next Three Years

NDTV Profit

Renewable energy, transmission and data centre are among the segments that Hitachi Energy India counts on to drive growth, said CEO N Venu.

Energy and Power

SECTOR | 30 Oct 2024

2 Adani cos sign pacts with MSEDCL to supply 6,500 MW power to Maharashtra

Business Standard

Two Adani Group firms -- Adani Power and Adani Renewable Energy Fifty Five Limited -- will supply about 6,500 MW of power to Maharashtra State Electricity Distribution Company as part of agreements. In a regulatory filing, Adani Power Ltd said it has signed an agreement with Maharashtra State Electricity Distribution Company to supply nearly 1,500 MW of power. "Adani Power Limited has entered into a Power Supply Agreement (PSA) for supply of 1,496 MW (net) for a period of 25 years with the Maharashtra State Electricity Distribution Company Limited (MSEDCL)," it said. In a separate filing, Adani Green Energy Ltd (AGEL) said its wholly-owned step-down subsidiary Adani Renewable Energy Fifty Five Limited has entered into power purchase agreements with MSEDCL for supply of 5,000 MW of solar power.

Energy and Power

SECTOR | 30 Oct 2024

NHPC up 3% as unit commissions 88 MW Omkareshwar Floating Solar Power Plant

Business Standard

The project cost is Rs 589.16 crore, NHPC said in a statement.

NTPC Commissions Commercial Operations Of 32.90 MW Solar Plant In Rajasthan

NDTV Profit | 29 Oct 2024

Energy and Power

SECTOR | 29 Oct 2024

Which States are leading the race towards renewables in India?

Business Line

India with 300 days of sunshine each year, possesses vast solar energy potential. The National Institute of Energy estimated the country's solar potential at 748 GW, assuming solar PV modules cover 3% of the geographical surface. Solar energy is expected to be the main driver pushing India closer to its renewable energy targets. Diving deep into the state-wise push towards solar energy. Rajasthan, Gujarat, Tamil Nadu and Karnataka are the leading States in India, both in terms of installed capacities and power generation, in the solar segment. Also, with respect to solar energy projects, Rajasthan and Gujarat lead in terms of the capacities added since FY22 and projects in pipeline

Tata Power Renewable, IndusInd Bank partner to finance solar projects

Business Standard | 29 Oct 2024

Energy and Power

SECTOR | 29 Oct 2024

Coal, Power ministries plan winter coordination to prevent power shortages

Business Standard

While summer marks peak power demand across the country, with aggregate demand going beyond 250 GW on some days this year, winter highs also need to be watched

UK firm Low Carbon sells 6 GW battery storage portfolio to S4 Energy

Business Standard | 29 Oct 2024 3 more