Sector Energy and Power - Latest news, views and updates

Energy and Power

Sector

Watch

Energy and Power

SECTOR | 07 Dec 2024

Tata Power Could Double Its Solar Manufacturing Capacity If Needed

NDTV Profit

The company plans to ramp up its solar module and cell production to 4 GW in FY26.

Energy and Power

SECTOR | 06 Dec 2024

JSW Energy Seeks MERC Intervention In Tariff Dispute Over Ratnagiri Power Supply

NDTV Profit

The dispute pertains to a pact between JSW Steel and Maharashtra State Electricity Distribution for the supply of 300 megawatts of power.

Energy and Power

SECTOR | 06 Dec 2024

Rhetan TMT signs new land lease for solar project

Business Line

New site at Banaskantha in Gujarat to be used to set up a 2 MW solar power plant

Energy and Power

SECTOR | 06 Dec 2024

CM Stalin didn't meet Adani, will sue for spreading rumours: Senthil Balaji

Business Standard

Tamil Nadu Chief Minister M K Stalin did not meet industrialist Gautam Adani nor was any contract signed with the Adani group, state Electricity Minister V Senthil Balaji stated on Friday and warned of legal action against those spreading rumours in this regard. The DMK regime did not enter into any contract and there was only a case pertaining to the purchase of power at 7.01 per unit pending in the supreme court, he said, referring to the 2015 agreement entered upon during the AIADMK rule for a 25-year period to buy power from the company's 648 MW solar plant in Ramanathapuram district. "It is only understandable that the half-baked politicians try to portray the AIADMK government's power purchase decision as the DMK government's power purchase decision, as if they are ignorant of the supreme court case. They lack the courage to criticise the Adani company or the AIADMK," Balaji said in a statement. "No agreement was signed with the Adani group during the DMK regime and the chief

Energy and Power

SECTOR | 05 Dec 2024

The nuclear option to energy security

Business Line

Powering ahead. Nuclear power will play a big role in achieving net zero goals

Energy and Power

SECTOR | 05 Dec 2024

Waaree Energies To Commission 1.6 GW Solar Module Manufacturing Facility In US In FY25

NDTV Profit

Last year, Waaree Energies had announced foraying into the US market with plans to set up a new solar photovoltaic module manufacturing plant.

NLC India On Track To Generate 20 GW Power By 2030: CMD

NDTV Profit | 05 Dec 2024 1 more

Energy and Power

SECTOR | 04 Dec 2024

Meja Urja Nigam board approves first dividend of Rs 350 cr for FY25

Business Standard

UP-based Meja Urja Nigam Pvt Ltd (MUNPL) on Wednesday said its board has approved the first interim dividend of Rs 350 crore for the current financial year. The dividend will be paid in ratio of 50:50 to promoter entities NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) by this week, the company said in a statement. "The Board of Directors on Tuesday approved the payment of an interim dividend of Rs. 0.96 per ordinary share of Rs 10 each, totalling Rs 350 crore for the current 2024-25 fiscal year," MUNPL said. CEO Kamlesh Soni said the company is actively pursuing a significant capacity addition of 5600 megawatt (MW). MUNPL recently inaugurated an ash brick plant to produce 12 lakh environment-friendly ash bricks annually to meet the plant's in-house requirements. CFO Amit Rautela said,"This is the first interim dividend for the running financial year. It will build the promoters' and all stakeholders confidence in the company, which is a result of the strong ..

Members should refrain from interjecting till permitted: LS speaker

Business Standard | 04 Dec 2024 1 more

Energy and Power

SECTOR | 04 Dec 2024

Solar power boost: Cyient DLM partners with Arcedo Systems for renewable energy

Business Line

Under the agreement, Arcedo Systems will design, engineer, install, and maintain the 500 kWp rooftop solar power plant at Cyient DLM's Mysore facility

Energy and Power

SECTOR | 04 Dec 2024

Suzlon secures massive 302.4 MW wind project with Jindal Renewables

Business Line

The new order involves supplying 96 S144 wind turbine generators (WTGs) with Hybrid Lattice Towers, each rated at 3.15 MW

Suzlon sizzles: Shares gain over 4% on project deal with Jindal Renewables

Business Standard | 04 Dec 2024 2 more

Energy and Power

SECTOR | 04 Dec 2024

NTPC in talks with EDF, Rosatom, Westinghouse to develop small modular reactors in India

livemint

Installing small reactors at locations unsuitable for larger ones is expected to help India in its quest for 20GW of nuclear power by 2030, up from the current 7.48 GW.