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
Brookfield is one of the largest renewable energy platforms globally, with around $140 billion of AUM across solar, wind, hydro, pumped storage, battery storage, sustainable aviation fuel and carbon capture.
Power regulator CERC issued a suo motu order on November 4 directing all renewable energy developers (solar, wind, etc.) to pass on the benefit of the reduced tax rate to the discoms and, ultimately, to end consumers through a corresponding reduction in the electricity tariff.
Investment bank Avendus Capital is advising Essar Group on the fundraise.
AP’s clean-energy push gets a boost with RJ Corp’s Voltsun announcing a major solar cell and module plant in Naidupeta SEZ.
Ministry of New and Renewable Energy (MNRE) will cut the pace of renewable energy auctions in FY26-27 amid surplus supply and connectivity hurdles. However, India is still on track to achieve its 500 GW non-fossil fuel-based power generation target by 2030, MNRE Secretary Santosh Kumar Sarangi told Moneycontrol.
Tata Power has 5.4 GW of projects in pipeline and we will be able to complete all this in the next two years. So, any new bid that we win will come only in the third year. This is in fact the current scenario for the entire renewable energy sector in India, which is why the government is reassessing its scale of tendering such projects, Sinha said.
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.
The draft rules states that any organization that owns, operates, manages, or interfaces with power infrastructure connected to the electricity grid will have to prepare a board-approved cyber security policy, designate a Chief Information Security Officer (CISO), and align to standards by the Power Ministry.
Addressing the 8th session of the International Solar Alliance (ISA), President Droupadi Murmu said by 2050, India aims not only to meet its clean energy targets but also to become a hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange.
Uttar Pradesh government will soon send its proposal to the Centre for participating in the electric vehicle (EV) charging infrastructure plan under the PM E-Drive scheme.
Robust order book, strong customer relationship to support growth
Strong growth, but execution and visibility remain key risks
The GST Council has also reduced the tax for hydrogen fuel cell vehicles from the current 12% to 5%
Commerce Minister Piyush Goyal reiterated that India is holding talks with the US on a bilateral trade agreement (BTA).
Its current portfolio of 3 GW is backed by long-term power purchase agreements (PPAs) with central agencies such as SECI (Solar Energy Corporation of India) and NTPC.
The company is embracing clean energy transition, but the valuation is high
The rethink on Chinese investments into India comes at a time when the relationship between the two nations have seen a thaw in recent few weeks.
A group of local solar panel manufacturers in the US has filed a petition alleging that companies in India, Indonesia and Laos are dumping cheap goods in the market to disrupt new American factories' business.
The UK will also support India on green hydrogen, civil nuclear energy, and offshore wind apart from helping it finance climate action.
Operating thermal power plants at low capacity to allow higher injection of renewable energy into the grid during the day is expensive and leads to higher per unit cost of coal-fired electricity
Silver has quietly outperformed gold with a 3.5x surge since pandemic lows, driven by industrial demand from electric vehicles and solar panels, tight supply conditions, and growing investment interest.
Defence and aerospace are other new areas where Australia is interested in collaborating with India, Australia’s trade and investment commissioner Nathan Davis told Moneycontrol.
India's peak power demand touched 243 GW this year, much lower than the previosuly projected 270 GW. Senior power ministry officials now expect to see the current year's peak power demand in September, courtesy an early onset of monsoon and pre-monsoon rains during summers.
The government will commission 3000 MW of pumped storage projects this year, according to Chairperson, Central Electricity Authority (CEA) Ghanshyam Prasad.