BUSINESS
Flushing of Salal and Baglihar dams reduces water flow to Pakistan, Kishanganga next
Flushing of reservoirs will be a frequent practice now. Many reservoirs in Jammu & Kashmir have accumulated so much sediment that their water storage capacities have reduced by more than 50 percent, impacting power generation.
BUSINESS
Equal focus on tariff and non-tariff barriers in trade talks with EU: Piyush Goyal
European commissioner for trade and economic security Maros Sefcovic said India-EU trade talks are on the right track and that they are making a “solid headway” towards a balanced and mutually beneficial deal.
BUSINESS
India looks at ‘pink hydrogen’ even as green hydrogen mission struggles to keep pace
The central government is toying with the idea of scaling up 'pink hydrogen'—hydrogen produced through nuclear power—in industries as part of its long-term plan for India to achieve net zero emissions by 2070.
BUSINESS
Coal production rises by a modest 3.63 percent in April to cross 81 million tonne
Production from captive and commercial mines in April stood at 14.51 MT, a 26.6 percent rise from 11.46 MT seen in April 2024.
BUSINESS
Green hydrogen producers will have to undergo certification for authenticity of green sources
The companies on whom this mandate will be applicable include Reliance Green Hydrogen and Green Chemicals, L&T Energy Green Tech, Waaree Clean Energy Solutions, JSW Neo Energy, Welspun New Energy and ACME Cleantech Solutions, among others.
POLITICS
Flood threat looms in PoK after India suspends Indus Waters Treaty
India opened floodgates of the Uri dam on April 26, after it suspended routine water data sharing with Pakistan, in the aftermath of the Pahalgam massacre.
INDIA
Turning Off The Tap: Tearing up the Indus treaty won’t bite Pak anytime soon
More than controlling water supply to Pakistan, India needs mega infrastructure on the larger western rivers for its own water consumption and agricultural activities.
BUSINESS
Suspending the Indus Water Treaty stops flow of information, gives India a window to accelerate hydropower projects
Due to the treaty, India's plan to build dams to regulate waters from the western rivers to Pakistan have remained constrained but the latest developments offer a window of opportunity to fast-track projects.
BUSINESS
Power Watch: Daily smart meter installations cross 1-lakh mark, scheme likely to be extend
Launched in June 2021, the Revamped Distribution Sector Scheme aims to improve operational efficiencies and ensure financial sustainability of the power distribution companies
BUSINESS
Pahalgam terror attack comes at a time of mega infra push in J&K, from hospitals to highways
The Union Territory has seen investments grow from Rs 841 crore in 2017-18 to Rs 76,000 crore worth of infrastructure projects underway. J&K is building roads and highways at breakneck speed.
BUSINESS
Gensol Engineering now under EoW lens as lender PFC files complaint
Power Finance Corporation Ltd (PFC) said it is exploring all possible options to recover an outstanding principal amount of Rs 307 crore from Gensol Engineering Ltd.
BUSINESS
Govt looks to triple clearances for pumped hydro storage projects this fiscal
The government is focusing on pumped storage projects (PSPs) as a long-term solution for storing electricity since the use of batteries for longer hours remains unaffordable
BUSINESS
Trump tariff wars: Home textile orders worth $ 2 bn in limbo
A growing worry within the textile industry is also about consumption declining in America due to higher prices of imported products which would directly impact India's export growth despite having a competitive edge on tariffs over other countries.
BUSINESS
Urgently need steel safeguard duty as risk of Chinese dumping looms large: ArcelorMittal Nippon
Steel companies like AM/NS operate on tight margins, which need to be protected for investments to continue in the steel sector. Hence, the safeguard duty is necessary now, said Ranjan Dhar, Director & Vice President (Sales and Marketing), ArcelorMittal Nippon Steel India (AM/NS India).
BUSINESS
Trump’s tariffs threaten over $350 million of exports, force Indian MSMEs to de-risk from US
The levies have hit small and medium Indian shipments of textiles, carpets, automobile parts, marine products, furniture, and steel and aluminium particularly hard, nearly a dozen Indian exporters, companies and port operators told Moneycontrol.
BUSINESS
With containers stuck in China, India braces for higher freight costs and container shortages
The impact in terms of increase in freight costs would be at least 10 percent and could go up to 30 percent, said Jitendra Srivastava, CEO, Triton Logistics & Maritime.
BUSINESS
NTPC begins getting coal delivered directly at plants, private miners get bigger play
NTPC’s new fuel sourcing strategy is a shift to a more market-driven approach and could be emulated by state and private companies to mitigate risks of supply chain disruptions
BUSINESS
NTPC to add 30 GW coal-fired power by FY32
In FY25, the company awarded works totalling 8 GW of thermal capacity and it plans to award a similar quantum in FY26. A senior NTPC executive said thermal power plants are in a good position this year to meet the summer demand as coal stocks are adequate.
BUSINESS
Exclusive | Can’t be rushing through with nuclear energy laws: Union minister Jitender Singh
The government is looking at models like IN-SPACe and the Bio-RIDE in the space and biotech sectors to involve private participation in nuclear power, Singh told Moneycontrol.
BUSINESS
Trump's tariffs could bring scale to India’s solar manufacturing, even as fear of dumping looms
Trump's 26 percent reciprocal tariff will immediately slow down Indian solar exports to the US, but it will make the sector more globally competitive while also affording the opportunity to explore other global markets. The government will need to address fears of dumping by the Chinese manufacturers.
BUSINESS
Tariff Tensions: Textiles & electronics sectors eye gains, auto & jewellery await relief
India’s gems and jewellery industry is bracing for impact and so is the agriculture sector in the near-term, with the possibility of re-routing.
BUSINESS
Power Watch | Officials say enough power to meet Delhi's summer demand, but overload and local failures a key risk
Delhi’s peak power demand is expected to cross last year's record this summer, and the state government is preparing for network overload and other local factors. A Tata Power-DDL spokesperson said dedicated round-the-clock teams have been set up to attend breakdown and for supply restoration.
BUSINESS
Explained: All you need to know about the US-India nuclear deal
After 17 years, the 123 Civil Nuclear Agreement between the US and India will finally come into force with the US Department of Energy's latest decision and once India amends the Atomic Energy Act and the Civil Liability for Nuclear Damage Act.
BUSINESS
No summer power woes, ample coal at thermal plants: Vismita Tej, Coal Ministry
She added that the barometer of better logistics is the fact that coal imports by domestic power plants have gone down by 30 percent.
