BUSINESS
Coal India subsidiaries BCCL, CMPDI's IPOs likely in FY26
Coal secretary Vikram Dev Dutt has said the government is hopeful of the listings in the new fiscal and the work is on schedule
BUSINESS
Will supply 906 million tonnes of coal to power sector in FY26: Coal Ministry
Union minister for coal and mines G Kishan Reddy said the ministry is also working on the plans for smooth supply and transportation of coal. Between April and November 2024, coal imports declined by 5.35 percent, saving approximately $3.91 billion (Rs 30,007.26 crore). Notably, coal imports for domestic power plant blending fell by 23.56 percent, he said.
BUSINESS
RBI rate cut will boost power demand, increase investments in energy projects
The repo rate cut is expected to boost India’s power demand, besides making it easier for power companies to finance new renewable energy projects. It could also mean improved financial health of distribution companies (discoms).
BUSINESS
US’ change in climate change policy won’t affect India’s energy transition journey: ReNew’s Sumant Sinha
Sinha said the Union Budget for FY26 aims to achieve high-impact growth while keeping the fiscal deficit within the 4.4 percent target, ensuring macroeconomic stability
BUSINESS
MC Exclusive | Have shortlisted six locations for nuclear power projects: Tata Power CEO Praveer Sinha
Sinha said the push for nuclear energy and the increased outlay for PM Surya Ghar in the budget have come at the right time in India’s energy transition journey. When asked about the impact of the policies of the new government in the US, he said India’s energy transition will continue despite global uncertainties, driven by strong power demand.
BUSINESS
Tata Power Q3 net profit rises 10% to Rs 1,188 crore
The Q3 consolidated revenue of the Tata Group company increased by 3 percent to Rs 15,793 crore
BUSINESS
Power Grid Q3 net profit declines 4% to Rs 3,862 crore
The company's revenue from operations increased 3 percent to Rs 11,550 crore as against Rs 11,233 crore in the corresponding period of the preceding fiscal.
TRENDS
Union Budget raises Ayushman Bharat allocation for next fiscal by 24% to Rs 9,406 crore
Finance Minister Nirmala Sitharaman also said that gig workers will be provided healthcare under the government’s flagship Ayushman Bharat scheme.
BUSINESS
Budget 2025 increases allocation to green energy by 53%
The National Green Hydrogen Mission received Rs 600 crore, double of Rs 300 crore (RE) in FY25
BUSINESS
Allocation to power sector up 30%, rooftop solar plan gets big push
The PM-KUSUM scheme, an initiative to solarise agriculture in India, got Rs 2,600 crore for FY26 against Rs 2,525 crore (RE) in FY25
BUSINESS
Budget 2025 shines bright for PM Surya Ghar scheme, allocation up 80%
Moneycontrol wrote on January 22 that the Budget will increase the allocation for the PM Surya Ghar scheme to ensure its faster implementation to meet renewable energy targets
BUSINESS
Budget announces National Nuclear Energy Mission as India chases clean energy
The Atomic Energy Act and the Civil Liability for Nuclear Damage Act will be amended to realise goal of at least 100 GW of nuclear energy by 2047, Nirmala Sitharaman has said
BUSINESS
Cleantech manufacturing gets a boost in Budget 2025
Under cleantech manufacturing, equipment such as solar PV cells, EV batteries, motors and controllers, electrolysers and grid-scale batteries will be promoted, the minister has said
BUSINESS
Economic Survey 2025: Energy security, affordability to guide India's climate change strategy
It stated that coal has an important role to play in India’s sustainable development as relying primarily on renewable energy will make electricity unaffordable for the masses.
BUSINESS
Economic Survey 2025: Rural areas get 21.9 hours of power supply daily on an average
However, the economic survey stated that the addition of transmission lines was affected by the heavy monsoon conditions that hampered work.
BUSINESS
Budget 2025: Power players want the FM to energise the sector
CEOs hope that Union Finance Minister Nirmala Sitharaman will bring back the 15 percent corporate tax concession for new manufacturing units, including power plants. They also expect better incentives for domestic manufacturing and an extension of the waiver on Inter-State Transmission System (ISTS) charges for renewable projects.
BUSINESS
Govt may involve Central Electricity Regulator to ensure renewable purchase compliance: Pralhad Joshi
As India’s energy demand is expected to double by 2032, the Union minister highlighted the need of even higher RE financing to meet 50 percent of the expected rise in demand through renewable energy.
BUSINESS
Budget 2025: Fast expansion of India’s power transmission network should take centre stage, say experts
While the push for the Green Energy Corridors is likely to continue, industry leaders said the government must focus on incentive schemes to promote domestic manufacturing of transmission equipment and extend the waiver on transmission charges for the renewable sector.
BUSINESS
MC Exclusive: Lara to be India's biggest thermal power plant as NTPC plans expansion
NTPC plans to expand Lara project’s capacity by another 1,600 MW, taking the total to 4,800 MW, making it the biggest thermal plant in India
WORLD
MC Exclusive: Trump order casts a shadow on Indian solar panel manufacturers' US plans
The Trump administration has paused the disbursal of funds under the Inflation Reduction Act, which offered tax credits for making in US. Three of the four Indian manufacturers who wanted to set up plants in the US have put their plans on hold
BUSINESS
MC Exclusive | Green energy budget may increase by at least Rs 10,000 crore
The budget for the new and renewable energy sector is expected to go up to Rs 30,000 crore, with the PM Surya Ghar scheme getting the biggest share to meet the target of 50 lakh rooftop solar installations by March 2026
BUSINESS
Budget 2025: Skilling in green energy sector needs urgent attention, says Waaree Energies CEO
In an exclusive interview with Moneycontrol, Paithankar emphasised that if mass skilling doesn’t begin now, India could be looking at a workforce crunch in this sunrise industry
BUSINESS
Government working on a scheme to promote manufacturing of battery components
India can become self-reliant in cell manufacturing if lithium remains in the country through recycling and is reused in batteries, Vijay Mittal, joint secretary, ministry of heavy industries, has said
BUSINESS
Vikram Solar plans to enter battery energy storage systems: CMD Gyanesh Chaudhary
On Chaudhary's budget wish list are an amended law governing special economic zones and a focus on the renewable manufacturing sector.
