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Energy and Power

SECTOR | 10 Dec 2024

Govt mandates use of locally-made solar cells from 2026 to curb imports

Business Standard

The government plans to increase its non-fossil fuel capacity to 500 GW by 2030 from about 156 GW at present

Power producer Continuum Green Energy files for Rs 3,650 crore IPO

Business Standard | 09 Dec 2024 1 more

Energy and Power

SECTOR | 10 Dec 2024

Waaree Energies Share Price Jumps On 1-GW Solar Module Supply Order Win

NDTV Profit

Waaree's stock which debuted on the exchanges on Oct. 28 at Rs 2,500, has risen 32% since listing.

Energy and Power

SECTOR | 09 Dec 2024

2,000 Mega Watt Solar Park To Be Developed In Rajasthan With 30% Central Assistance

NDTV Profit

With bold targets, forward-thinking policies, and recent investments, Rajasthan is most definitely on the path to becoming a renewable energy powerhouse, the minister said.

Energy and Power

SECTOR | 09 Dec 2024

Avaada Group To Invest Rs 1 Lakh Crore In Rajasthan's Renewable Energy Future

NDTV Profit

Avaada Group specialises in solar module manufacturing, renewable power generation, and the development of green hydrogen, green methanol, green ammonia, and sustainable aviation fuel projects.

Energy and Power

SECTOR | 09 Dec 2024

Prototype Fast Breeder Reactor expected to be operational by 2025-end

Business Line

India's 500 MW Prototype Fast Breeder Reactor (PFBR) project, begun in 2004 and originally expected to be completed by 2011, is expected to be operational by the end of 2025, Dr Jitendra Singh said.

Tata Power Aims For 10-11 MW Daily Solar Production On High Efficiency, Fast Ramp-Up

NDTV Profit | 09 Dec 2024 1 more

Energy and Power

SECTOR | 09 Dec 2024

MP's Neemuch Solar Project sets new benchmark; achieves record-low tariff of Rs 2.15 per unit

Business Today

The tender for Unit 3 (170 MW) of the Neemuch Solar Project, which concluded on December 6, through an e-reverse auction, secured the lowest tariff of Rs 2.15 per unit.

Energy and Power

SECTOR | 08 Dec 2024

Power developers may push to defer anti-dumping duties on solar glass imports from China, Vietnam

Business Line

Without adequate domestic manufacturing, this could pose significant challenges to the renewable energy sector and India's energy transitiongoals, Independent Power Producers (IPPs) argues

Energy and Power

SECTOR | 08 Dec 2024

Adani's solar contract has lower tariff, can find new buyer: Analysts

Business Standard

Adani Group's solar power contract, which is at the centre of bribery allegations, has tariffs that are lower than competition and can find new buyers in case the pact is cancelled, according to analysts. US authorities have charged Adani Group Founder-Chairman Gautam Adani and others for being part of a scheme to offer USD 265 million bribe to Indian officials to gain a contract to supply 8 gigawatt of electricity generated from solar energy by Adani Green Energy Ltd (AGEL). The group has denied all charges. "If Adani promoters are found guilty, we believe the size of potential penalty is manageable given it is up to three times the value of the bribe," Nomura said in a report. The brokerage said there are about 1.8 GW solar projects commissioned in Gujarat from February-March 2024, with tariff of Rs 2.42 per unit under the 25-year power purchase agreements (PPAs). These operational projects are running under 5 special purpose vehicles, namely Adani Green Energy Twenty Four A Ltd

Energy and Power

SECTOR | 08 Dec 2024

JSW Energy To Achieve 10 GW Production Capacity By March 2025, Says CEO

NDTV Profit

JSW Energy also has an order pipeline of 9 GW, which is 100% renewable.

Energy and Power

SECTOR | 07 Dec 2024

Rs 2,000-Crore Infusion To Turn Narmadapuram Into Renewable Energy Hub: MP Chief Minister

NDTV Profit

According to Mohan Yadav, Narmadapuram, with its rich forest resources, land and good road and rail connectivity, is highly suitable for industrial growth.