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South West Pinnacle gains after bagging Rs 167-cr RIL contract
South West Pinnacle Exploration rose 2.80% to Rs 225.86 after the company secured a work order worth approximately Rs 166.82 crore from Reliance Industries (RIL) for providing Coal Bed Methane (CBM) production services in Madhya Pradesh.
Coal India's SECL strengthens monsoon measures for uninterrupted supply
SECL, a Coal India subsidiary, has implemented robust monsoon preparedness to ensure uninterrupted coal supplies crucial for India's energy security. The company achieved its best-ever first-quarter performance in production and offtake, with a significant portion directed to power utilities. SECL's extensive operations across Chhattisgarh and Madhya Pradesh underscore its vital role in meeting national energy demands.
Madhya Pradesh set to emerge as a major nuclear power hub in country: Official
Madhya Pradesh is becoming a significant nuclear power center. Projects totaling 7,000 MW are underway, with more private sector proposals being considered. This development aligns with national goals for clean energy. The state's proactive approach is attracting new nuclear power projects, positioning it as a key hub for future energy generation in India.
Shakti Pumps ends higher after investing Rs 10-cr in solar manufacturing subsidiary
Shakti Pumps (India) ralied 6.01% to end at Rs 537.50 after the company announced an investment of Rs 10 crore in its wholly owned subsidiary, Shakti Energy Solutions (SESL) to establish solar cell and module manufacturing plant in Madhya Pradesh.
NTPC starts site selection studies in Gujrat, Andhra Pradesh, Odisha, Madhya Pradesh for nuclear projects
State-owned NTPC is exploring new nuclear power projects. Site selection studies have begun in Andhra Pradesh, Madhya Pradesh, Gujarat, and Odisha. This initiative is part of NTPC's extensive 30 GW nuclear energy plan. The company aims to contribute significantly to India's ambitious nuclear capacity target. Investments will be substantial, spanning multiple states. NTPC is diversifying its energy portfolio.
SC junks plea against green nod for Adani MP project
The Supreme Court has dismissed a petition challenging forest land diversion for an Adani group coal mining project in Singrauli, Madhya Pradesh. The court also rejected a plea against the Madhya Pradesh government's approval. An activist had sought to declare the area an eco-sensitive zone, citing its importance as an elephant corridor and a biodiverse forest.
TrueRE Oriana Power signs ₹3,135 crore green ammonia deal with SECI
TrueRE Oriana Power signs 10 year green ammonia offtake deal with SECI worth about Rs 3135 crore for 60000 tonnes a year, project to be developed in Sagar Madhya Pradesh
Artson spurts after securing Rs 42-cr order from Anuppur Thermal Energy
Artson jumped 4.46% to Rs 148.60 after the company announced it has secured an order worth Rs 42.22 crore from Anuppur Thermal Energy in Madhya Pradesh.
Tracker-mounted solar projects give higher output than fixed-tilt systems: Study
A study by SgurrEnergy and Nextpower found that single-axis solar tracker systems in India generate 15–23% more energy than fixed-tilt installations and deliver higher efficiency across key performance metrics. The analysis, based on projects in Rajasthan, Andhra Pradesh and Madhya Pradesh, showed trackers also improve capacity utilisation and performance ratios while requiring 14–18% lower installed capacity to achieve similar output.
Temperatures rise! NTPC Green, Adani Power shares jump up to 7%; what lies ahead?
Soaring temperatures across India are fueling a surge in power demand, boosting shares of NTPC Green and Adani Power. Heatwave warnings are in effect for Mumbai and Delhi, with Gujarat and Madhya Pradesh also experiencing intense heat. Experts anticipate a record summer, benefiting power companies as they prepare for heightened electricity needs.
H.G. Infra Engineering spurts on bagging Rs 401-cr order from Anuppur Thermal Energy
H.G. Infra Engineering surged 11.90% to Rs 548.80 after the company announced that it has secured an order worth Rs 401.33 crore from Anuppur Thermal Energy (MP) in Madhya Pradesh.
Kirloskar Brothers bags ₹214 crore order for thermal power pumps from Adani Power
Kirloskar Brothers Limited won a ₹214 crore order from Adani Power Limited for circulating water pumps in Madhya Pradesh, Assam, Chhattisgarh and Bihar, boosting profits and revenue in Q3FY25.