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NEWS
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Business Standard - Markets 10d ago

Adani Green Energy achieves 20 GW renewable milestone

Adani Green Energy (AGEL) has surpassed 20 gigawatts (GW) of operational renewable energy capacity, becoming the first renewable energy company in India to achieve the milestone predominantly through greenfield development. The company generates over 52 billion units of clean electricity annually. The output represents nearly 3 per cent of India's electricity consumption, enough to power New York City for a year, or almost entire Mumbai and New Delhi combined.

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Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestone
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ET Markets - Industry 10d ago

Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestone

Adani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development. This significant feat, accomplished within a decade, generates enough clean electricity annually to power nearly 3% of India's needs. The company's expanding portfolio, including solar, wind, and battery storage, underscores its pivotal role in accelerating the nation's clean energy transition and bolstering energy security.

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Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI
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ET Markets - Industry 15d ago

Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI

A potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer manufacturing costs and impede India's ambitious power grid expansion plans. With domestic production meeting less than 10% of demand, imposing duties might raise prices without reducing import reliance, impacting vital infrastructure development and renewable energy integration. The probe follows a complaint by JSW JFE Electrical Steel Nashik Pvt Ltd.

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India to lead next phase of global steel demand, says Lakshmi Mittal
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ET Markets - Industry 22d ago

India to lead next phase of global steel demand, says Lakshmi Mittal

India is set to become the global leader in steel demand. This shift follows decades of strong growth from China. Lakshmi Mittal, executive chairman of ArcelorMittal, highlighted infrastructure development, urbanisation, and energy transition investments as key drivers. Operating in 2026 presents new challenges and opportunities.

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Advait Energy arm signs battery energy storage pact with Gujarat Urja Vikas Nigam
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CNBC TV18 - Markets 39d ago

Advait Energy arm signs battery energy storage pact with Gujarat Urja Vikas Nigam

The agreement is for the development of a standalone battery energy storage system (BESS) project with an aggregate capacity of 150 MW/300 MWh. Shares of Advait Energy Transitions Ltd ended at ₹1,975, up by ₹30.95, or 1.59%, on the BSE today, June 2.

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NEWS
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Business Standard - Markets 53d ago

KPI Green Energy arm executes BESPA with Gujarat Urja Vikas Nigam

For development of standalone BESS project of 120 MW / 240 MWh

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NEWS
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Business Standard - Markets 59d ago

Schaeffler India opens computational research infrastructure at FSID, IISC

Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. Part of Schaeffler India's purposeful engagement with IISC, premium research academia, this supported facility strengthens research capabilities by enabling HPC (High- Performance Computing) large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems, and sustainable mobility. Additionally, these improvements will foster stronger industry collaborations, improved research quality and efficiency, and increased relevance of research in industry projects.

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Coal India commissions 100 MW solar power project in Gujarat
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ET Markets - Industry 67d ago

Coal India commissions 100 MW solar power project in Gujarat

State-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's renewable energy expansion. The project received its commissioning certificate from Gujarat Energy Development Agency. This development comes as Coal India aims to increase its solar capacity. The company is working towards becoming a Net Zero energy entity.

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Despite price recovery, Tata Steel postpones UK breakeven by another 12 months amid rising costs
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LiveMint - Companies 93d ago

Despite price recovery, Tata Steel postpones UK breakeven by another 12 months amid rising costs

The development underscores Tata Steel’s delicate balancing act in the UK, where it has struggled with structurally higher costs, including energy and logistics, even as market conditions begin to improve.

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NEWS
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Business Standard - Markets 116d ago

KPI Green Energy secures Rs 949 cr sanction from Canara Bank

KPI Green Energy has secured a sanction of Rs 931 crore from Canara Bank in the form of a Fresh Rupee Term Loan and Rs 48 crore in the form of a Bank Guarantee, to finance the development of its 150 MW wind power project in Gujarat.

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Gujarat Gas shares plunge 4% after 50% supply cut to industrial users amid Middle East conflict: Report
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ET Markets - Stocks 129d ago

Gujarat Gas shares plunge 4% after 50% supply cut to industrial users amid Middle East conflict: Report

Gujarat Gas has slashed industrial gas supplies by 50% due to disruptions linked to the US-Iran conflict impacting regasified LNG availability. The company declared a Force Majeure event, citing circumstances beyond its control, as Qatar Energy's LNG production halted. This development significantly affects Gujarat Gas, which relies heavily on imports, particularly from Qatar.

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AGEL spins up 185 MW wind energy project in Gujarat
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ET Markets - Industry 133d ago

AGEL spins up 185 MW wind energy project in Gujarat

Adani Green Energy Twenty Five C Limited has commissioned a new 185 MW wind power project in Khavda, Gujarat. This development boosts Adani Green Energy's total operational renewable generation capacity to 17,472.2 MW. The project was planned for operationalisation on February 28, 2026, and power generation commenced on March 1, 2026.

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