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Renew energy global: Goldman's exit is in compliance with US state securities regulations, which restrict the ownership of ownership beyond 10 years in a company → Read More
Hero Future Energies (HFE), the clean energy arm of Hero Group, became the first Indian green energy company to shift base to the UK, expecting to tap into global funds for future growth. The decision bore fruit last August when leading private equity fund KKR invested $450 million (along with parent company Hero Group) in HFE. → Read More
The move considers expected demand scenarios and availability of capacity in the near future → Read More
India's national average peak power demand crossed has crossed 200 Gw → Read More
Coal India: Compared to the April-December period of 2019, the company's coal production grew by 23 per cent → Read More
Months after Adani Ports and Special Economic Zones (APSEZ) was given the green light to bid for government port projects by a Supreme Court order, the nodal ministry of ports, shipping, and waterways is seeking advice from law and finance ministry over re-allowing the country’s largest private port operator back into government contracts. → Read More
In a move aimed at avoiding a deficit in the supply of electricity during the high summer demand months, the Union power ministry is looking to designate 2.5 gigawatts of state-owned thermal power behemoth NTPC as peaking power stations. Under the scheme, gas would be sourced by GAIL Ltd in advance and would be completely paid for, even if left unutilised. → Read More
Adani Electricity Mumbai (AEML) is looking to capture mega infrastructure projects, including its group-owned Navi Mumbai airport, through the power distribution licence for areas in Navi Mumbai. The company has applied to the Maharashtra Electricity Regulatory Commission for allowing it to be the second distribution company (discom) in the said area. → Read More
But cumulative dues remain at a high of Rs 1.13 trillion → Read More
Power to be supplied for five years, qualifying gencos to get coal under SHAKTI scheme → Read More
Countries agree to 20-point agenda ahead of climate negotiations in Egypt → Read More
The coal ministry has auctioned close to 64 coal mines to date under commercial auction → Read More
Step seeks to stop project developers from avoiding basic customs duty, but it could raise cost of production → Read More
The position of the chairperson of APTEL has been vacant since August 2021 → Read More
India to have more than 60% power generation from RE by 2030, says minister → Read More
Serentica Renewables will build 1.5 Gigawatt (Gw) of solar, wind and energy storage capacity in Karnataka, Maharashtra and Rajasthan → Read More
To provide integrated green energy solutions to carbon-intensive industries → Read More
With 5 million meters, this is the largest tender in the country → Read More
Read more about Glasgow COP26: There's little risk for coal investors on road to 2070 on Business Standard. The PM said India would have 500 Gw of renewable energy capacity by 2030 and that 50 per cent of the country's energy demand would be met from non-fossil fuel sources by that year → Read More
Read more about No power shortage, outages result of states' constraints: Power minister on Business Standard. R K Singh launches India's first Green Day Ahead Market → Read More