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.
BUSINESS
National Coal Index dips 13%, indicating robust domestic supply
Coal accounts for about three-quarters of India’s power generation and its demand is seen to be rising despite the country’s renewables plans.
BUSINESS
Subsidies, PLIs are detrimental to long-term growth of cleantech: Piyush Goyal
Goyal said reliable power would increasingly become a necessity with data centres coming up globally. Meanwhile, G20 Sherpa Amitabh Kant said India must radically shift towards cutting-edge technology to become 'atmanirbhar' and curb imports.
BUDGET
Delhi Elections 2025: Popular power subsidy outlay increased 150 percent in 10 years
Since Delhi’s contest is going to be a triangular one, both BJP and Congress have gone beyond what AAP is offering and have upped their power subsidy promises.
BUSINESS
Exclusive | EESL transitioning to become a leading consultancy and EPC player; no IPO plans as of now: CEO Vishal Kapoor
Kapoor also said that the company has revamped its accounting system, and had the new regime been applied, the losses of previous years would have actually been bumper profits.
BUSINESS
In a historic first, India invites private participation in nuclear power
The Union government's move is a step toward India’s plan of increasing its nuclear power capacity from the current 8,180 MW to 22,480 MW by 2031-32 and eventually 100 GW by 2047.
BUSINESS
Yearender 2024: India’s coal dependence for its energy needs is here to stay
India continues to rely on coal fired power to meet its energy demand because renewable power is mired with intermittency in the absence of energy storage facilities
BUSINESS
2024: A landmark year for green energy in India with record renewable addition and policy momentum
Between January and November this year, the country added at least 24 GW of renewable capacity, double that of 2023, crossing the 200 GW mark. However, industry estimates show that nearly 40 GW of green projects have no takers.
BUSINESS
Exclusive | Will award 7.8 lakh tpa new green hydrogen production capacity in 2025: Pralhad Joshi
The government also will release a Green Hydrogen Certification Scheme in the coming year, the minister for new and renewable energy said.
BUSINESS
Govt report finds declining forest cover in the Western Ghats and Northeast region
The report stated that among mega cities, Delhi has the largest forest cover (194.15 sq km) followed by Mumbai (110.84 sq km) and Bengaluru (89.61 sq km).
BUSINESS
Centre must push states to comply with renewable purchase obligations, says industry
The industry has sought transmission charges waiver and penalty for non-compliance to renewable purchase obligations (RPOs) to clear huge backlog of unsold renewable power agreements
BUSINESS
Government wants banks to up renewable energy financing, minister to meet bankers in January
For India to achieve 500 GW of non-fossil fuel power by 2030, significant and timely financial investments are needed to upgrade infrastructure and build new transmission lines, a CII and EY report has said
BUSINESS
Government to make battery storage a must for renewable projects
Battery storage systems store surplus energy generated during periods of peak production and release it during times of low generation. It helps balance the grid and enhance reliability
BUSINESS
iDEX-like scheme for green energy on the cards: MNRE Secretary
By middle of next year, the government would throw a challenge similar to iDEX in the defence sector, wherein global specifications would be suggested. If the startups, MSMEs and industry can match it through their pilot innovations, then the government would guarantee the off-take for a specified number of years, MNRE secretary Prashant Kumar Singh said.
BUSINESS
Govt sets coal production target of 1,193.39 MT for FY26: Ministry officials
So far, 96 coal mines have been auctioned for commercial operations by the government. Out of these allocated 96 blocks, 12 blocks have got 'mine opening permission' and nine have started actual coal production, while the rest are under construction.
BUSINESS
Global North has left little carbon space for developing countries, says environment minister Bhupender Yadav
Under the National Adaptation Fund for Climate Change, projects worth more than Rs 847 crore have been sanctioned in 27 states and union territories, the minister has said
BUSINESS
Rise in green energy projects fuels surge in unsigned power purchase deals: Centre
For 2024-25, the discoms had to purchase 29.92 percent renewable power from its total power purchased to supply to end consumers. In 2025-26, this target is set at 33.01 percent
BUSINESS
Tata Power to foray into nuclear energy when govt opens up the sector, says CEO Praveer Sinha
Tata Power has set an ambitious target of achieving revenue of at least Rs 1 lakh crore and a profit after tax of Rs 10,000 crore by 2030
BUSINESS
Centre imposes non-tariff barrier to curb imports of solar cells, boost local production
The Ministry of New and Renewable Energy has stated that solar cells will be included in the approved list of models and manufacturers (ALMM) from June 1, 2026
BUSINESS
Reliance, L&T, ReNew, Waaree bid for second round of green hydrogen incentives
As per the government's guidelines, companies can bid twice for green hydrogen production in one mode, but the same cannot be applied for in two different modes.
BUSINESS
Tata Power bets on nearly doubling its revenue to Rs 1 lakh crore by 2030: CEO & MD Praveer Sinha
From December, Tata Power has commissioned its 4.3 GW solar cell manufacturing unit in Tirunelveli, Tamil Nadu which is an addition to the 4.3 GW module manufacturing plant commissioned in October, 2023 located at the same site.
BUSINESS
At least 42% households await subsidy under PM Surya Ghar scheme: MNRE data
Gujarat alone has 46 percent (2.9 lakh) of the total (6.34 lakh) rooftop solar installations across the country under the scheme.
BUSINESS
Renewables to constitute 80 percent of our capacity, says Torrent Power's Jinal Mehta
Apart from 10 GW, the company will also add 5 GW of storage in the form of pumped hydro storage plants, Torrent Power’s managing director said
BUSINESS
Stubble burning incidents down 68 percent after doubling of fines, says environment ministry
The cases of stubble burning in Punjab, Haryana, Delhi and the NCR districts of Uttar Pradesh and Rajasthan are down 76.6 percent from 53,672 in 2022 to 12,530 in 2024
