Expansion of transmission infra, expansion of PM Surya Ghar and green hydrogen scale-up are among the steps the government will take to meet its clean-energy targets, the new and renewable energy minister tells Moneycontrol
Tata Power reported a marginal decline in its consolidated net profit for the second quarter of FY26, coming in at Rs 919.4 crore, down 0.7 percent year-on-year from Rs 926.5 crore. CEO Praveer Sinha attributed this to heavy monsoon across India which dampened electricity demand.
Documents seen by Moneycontrol show that the renewable energy ministry aims to have manufacturing capacities of 150 GW for solar modules, 100 GW for solar cells and 39 GW for wafers by 2030
Pralhad Joshi also said that so far about, Rs 50,000 crore has been invested in the country's solar equipment manufacturing sector.
Ministry of New and Renewable Energy has ordered that only black wafer, which is the base material for making a solar cell, is allowed to be imported into India. Government wants the process of turning it into a blue wafer to be carried out in India.
The proposal is being made by the Ministry of New and Renewable Energy and will target domestic makers of wafers and ingots, one of the weakest segments of the country’s solar industry, according to the people, who asked not to be identified as the discussions are private.
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
On back of better demand and higher prices, Manish Sarda, Director, Sarda Energy expects the FY17 topline to be better than FY16.
Indian state-run metal producer National Aluminium Co Ltd (NALCO) has raised aluminium prices by Rs 5,000 per tonne in the domestic market, a senior company official said on Sunday.