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Data Centres, AI & EVs to drive peak power demand to 300 GW in '27: Electricity Minister
India's peak power demand is projected to reach 300 GW next year. This surge is driven by expanding data centers, artificial intelligence, and electric vehicles. Energy storage has become a national imperative due to rising demand and renewable energy additions. India targets around 160 GW of storage by 2035, with clear roadmaps. The country requires 888 GWh of energy storage system capacity by 2035-36.
Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s why
Indian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for government tenders. This move, aimed at easing project delays, allows companies like TBEA Energy and Nanjing Electric India to participate, despite earlier restrictions following the 2020 border clash. The exemption, however, is not to be treated as a precedent.
ACME-IHI JV gets $3 billion CfD subsidy for Odisha green ammonia project
The Gopalpur project, with an annual capacity of 405,000 tonnes, will supply green ammonia to IHI Corp., as well as other Japanese customers like Mitsubishi Gas Chemical Co., Hokkaido Electric Power Co, Nippon Beet Sugar Manufacturing Co., Kobelco Power Kobe Inc., Sumitomo Chemical Co. and UBE Corp.
Genus Power Infrastructures Ltd leads losers in 'A' group
Schneider Electric Infrastructure Ltd, KPIT Technologies Ltd, R R Kabel Ltd and Eicher Motors Ltd are among the other losers in the BSE's 'A' group today, 30 June 2026.
ZF Steering rallies after inking framework pact with Chinese firm
ZF Steering Gear (India) rallied 6.45% to Rs 716 after the company entered into a Framework Co-operation Agreement with Hubei Tri-Ring Motor Steering Gear China, to develop Electric Hydraulic Power Assisted Steering (EHPAS) assemblies in India.
Cummins India to invest more in green tech
Cummins India is aggressively investing in electric, fuel blending, and hydrogen technologies to secure growth beyond 2030 and counter rising Chinese competition. The company, a leader in engines and power generators, is also strengthening its supply chains against geopolitical risks. Managing Director Shveta Arya highlighted the importance of reliability and customer relationships in a dynamic market, while also eyeing opportunities in India's burgeoning data center sector.
Tata Power Mundra Operations Extension Approved | Ola Electric Achieves Major Battery Milestone | Top Buzzing Stocks Today - Equitymaster
Tata Power Mundra Operations Extension Approved | Ola Electric Achieves Major Battery Milestone | Top Buzzing Stocks TodayEquitymaster
Tata Power Mundra Operations Extension Approved | Ola Electric Achieves Major Battery Milestone | Top Buzzing Stocks Today - Equitymaster
Tata Power Mundra Operations Extension Approved | Ola Electric Achieves Major Battery Milestone | Top Buzzing Stocks TodayEquitymaster
Five Stocks To Buy: Adani Power, Ola Electric, IRCTC And More | June 24, 2026
Top picks for Wednesday, June 24 include Adani Power, Sun Pharmaceutical Industries, Ola Electric, IRCTC, and GRP Limited.
Amazon leveraging own charging infrastructure to grow electric delivery fleet in India
Amazon is relying largely on charging infrastructure at its own delivery stations to power its growing electric vehicle fleet in India, even as it works with partners to expand charging networks and greener transport options.
Japan's Chubu Electric set to buy $150 million stake in Continuum Green
Japanese power giant Chubu Electric is set to invest around $150 million in Indian renewable energy firm Continuum Green Energy. This deal will give Chubu a significant stake in Continuum, a company focused on wind, solar, and hybrid power for businesses. The acquisition highlights Chubu's growing interest in India's clean energy sector.
Hitachi Energy, GVTD to CG Power: Citi is bullish on these electric equipment stocks. Should you buy?
Citi estimates HVDC projects alone could represent an opportunity of around ₹1.6 trillion for equipment manufacturers. The brokerage also expects global transmission and distribution capital expenditure to exceed $15 trillion between CY25 and CY50.