Following the steep correction in 2025, Suzlon Energy and Inox Wind are now available at more palatable valuations
The strength in Reliance Industries stock follows fresh optimistic commentary from multiple brokerages on the company’s oil-to-chemicals (O2C) and new energy businesses.
IEX continues to reinforce its market leadership with an 83-84 percent share in electricity trading, benefiting from India's increasing power demand and regulatory support. The company is expanding into new trading platforms, including the Indian Gas Exchange (IGX), international carbon exchange, and coal exchange, further strengthening its moat. The anticipated 25% volume growth in FY25, coupled with supportive regulatory environment and a robust balance sheet, IEX offers good growth visibility. Despite regulatory risks, IEX's diversification into newer markets ensures continued competitiveness and earnings visibility.
India’s growing energy demand makes the power sector a potential investment theme. But be mindful of the market dynamics before committing your monies.
Despite making up about 39% of the global labor force, women account for just 16% of the energy sector workforce, according to International Energy Agency.
Latest estimates show that more than a million coal mine workers could be laid off by 2050, and most of them will be from India and China. Meanwhile, despite a marginal improvement, hunger remains a serious issue in India.
This sharing of power resources across regions via subsea cables can prove critical to India’s long-term economic and energy security goals
Nilesh Shah stressed the importance of observing the global markets and maintaining cash to deploy during market corrections.
PFS has been under the scanner since January 2022 when three independent directors resigned from the company citing lapses in corporate governance.
The Ministry of Petroleum and Natural Gas is hosting India Energy Week 2023, the first major event under India’s Presidency of G20, between February 6 and 8 in Bengaluru. Watch how Prime Minister Narendra Modi kick-starts IEW 2023 and discusses the country’s goal of energy transition and energy security, and achieving net-zero emissions by 2070.
The TN minister said East Asian countries, particularly South Korea and Japan, are looking forward to investing elsewhere when the world is recovering from COVID-19, adding that India can step up its engagements with global finance and reap the benefits.
Government sources said the country had come a long way from using firewood to kerosene to LPG cylinders, and the solar cooking top could bring in a new revolution in kitchens in the country.
BP's chief executive Bernard Looney intends to emphasise less on environmental, social and governance (ESG) goals in the days to come, in a bid to clarify to the stakeholders that the ESG agenda is not deviating BP away from the path of profit, sources reportedly said.
The prime minister's priority is to put the region in the high growth trajectory and as such he is putting great emphasis on the energy sector, Puri said while participating at the run-up to the India Energy Week event in Guwahati tonight.
FDI, up to 100 per cent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) R K Singh informed the Rajya Sabha.
The statement from Minister of Petroleum and Natural Gas Hardeep Puri came shortly after Prime Minister Narendra Modi had a telephone conversation with Russian President Vladimir Putin.
The top ask for the energy sector from the budget is for the Goods and Services Tax (GST) on petroleum products.
After holding wide-ranging talks with his Russian counterpart Sergey Lavrov and Deputy Prime Minister Denis Manturov in Moscow, Jaishankar said India would be supportive of any initiative that "de-risks" the global economy and stabilises the global order at this stage.
The sale is a part of Sembcorp Industries’ strategy to transform its portfolio from brown energy to green energy.
David Crane would be joining the US Department of Energy as 'Director of the Office of Clean Energy Demonstration' on September 6, which requires him to step down from all positions held in the private sector.
With a major part of energy consumption being in the transport sector, the prime minister said innovation in this sector should be a priority.
Domestic crude oil producers and refiners saw their revenues jump 30.5% on-year, and 7.40% on-quarter, in March quarter.
India's top oil and gas producer ONGC on Thursday said it will invest Rs 31,000 crore over the next three years in exploring the Indian sedimentary basin for fuel reserves which could augment the nation's production in its attempt to be self-reliant in the energy sector.
Shell was among the bidders for Sprng, along with Adani Group and renewable energy firm Greenko, Bloomberg News reported in March.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan further said that the world heritage site of Sanchi will be developed as a "totally green city", where all electricity requirements will be met with solar power and will draw the attention of the world.