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
BUSINESS
Explained: India's roadmap to achieve 100 GW nuclear power capacity by 2047
With plans to decentralise the nuclear sector, promote private sector involvement, and repurpose de-coaled and ageing thermal plant sites, the government is pushing for legislative and policy changes to meet its emission and energy affordability goals.
BUSINESS
Green in the red: India's woes of unsold renewable energy and the need for uniform tariff
A solution to the problem of unsold renewable power could be Uniform Renewable Energy Tariff (URET) which was cleared by the Centre in October 2023, but is yet to be implemented
BUSINESS
India Inc raises concerns about growth, wages and demand
Slowing demand, shrinking middle class, inflation and hope for a better year-end dominated the minds of CXOs in their assessment of the Indian economy.
BUSINESS
Arunachal Pradesh emerges as hydropower hub with projects worth Rs 1 lakh crore in the pipeline
Arunachal Pradesh alone has hydropower potential of about 58,000 MW, which is about 40 percent of India's total hydropower potential, according to the state's electricity commission.
BUSINESS
All you need to know about SECI — the hitherto low-profile PSU suddenly in the limelight
SECI is also the nodal agency for the National Green Hydrogen Mission. It has awarded contracts for 412,000 metric tons of green hydrogen production capacity as well as a 1.5 GW electrolyser manufacturing capacity under the NGHM
BUSINESS
Bullish on solar, not keen on FDRE: NTPC CMD Gurdeep Singh
NGEL is mostly looking at tie-ups with CPSUs and states for off take of its renewable energy. So far, it has made agreements with states or entities of the state governments in Rajasthan, Maharashtra, Andhra Pradesh, Gujarat, Chhattisgarh, Telangana and so on for land and off-take of RE
BUSINESS
NTPC Green valuation was moderated based on current market sentiment: NTPC CMD Gurdeep Singh
Singh said NGEL has a pipeline of 19 GW of renewable energy projects till FY27 at an investment of Rs 1 lakh crore
BUSINESS
Centre seeks inclusion of battery energy storage systems in solar tenders
Pankaj Agarwal, secretary with the power ministry, argued that energy storage systems have become quite viable, with the the cost of such systems having come down from about Rs 10 per kWh to about Rs 4.50 per kWh on a levelled cost basis currently, and could soon go down further to Rs 3.75-4 per kWh.
BUSINESS
Centre to launch PLI scheme for power transmission sector by end of FY25
The move comes amid a global shortage of transmission equipment, which sent prices rocketing. With renewable energy push, faster laying of transmission lines has emerged as a major challenge
BUSINESS
Here's all you need to know about NTPC Green Energy's Rs 10,000-crore IPO
As part of its renewable energy push, NGEL is developing a green hydrogen hub at Pudimadaka in Andhra Pradesh and intends to commission grid-scale battery storage for round-the-clock power
BUSINESS
Profitable state power companies should go for IPOs, says Union Minister ML Khattar
The Centre has also asked states to promote nuclear power projects and look for adequate sites for such projects. Currently, 18 sites have been identified for possible nuclear power plants, Khattar said.
POWER
Govt expands green hydrogen use for cooking, heating in homes with new pilot scheme
Under the pilot scheme, the government would consider projects with innovative approaches for decentralised green hydrogen production, utilising sources such as rooftop solar, micro-hydel plants, floating solar installations, wastewater and biomass.
BUSINESS
ReNew partners with JERA to evaluate joint development of green ammonia project in India
On April 11, Moneycontrol was the first to report that ReNew will now take up green hydrogen projects in India and that the company’s overseas plans may have to wait longer
BUSINESS
Beware of electricity bill scams; MC explains the steps to avoid falling in the trap
If not sure about your electricity dues, talk directly to your discom. This makes sure you're getting the right information and keeps you safe from scams.
