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Coal India production drops 7.5 pc in Q1
Coal India Limited (CIL) reported a 7.5% dip in production to 169.6 million tonnes during the first quarter of the current fiscal year, despite soaring power sector demand. While some subsidiaries saw declines, overall sales increased by 7.5% in June and 3.5% for the quarter. This comes as India gears up for increased power demand, highlighting CIL's crucial role in national energy security.
Vedanta Group stocks: Oil & Gas, Iron & Steel, Power zoom up to 20%
Vedanta Iron & Steel up 10%, and Vedanta Power up 17% hit record highs in Wednesday's intra-day trade. Vedanta Oil & Gas was locked at the 20% upper circuit.
Bijay Kumar Mohanty assumes additional charge as CMD, IREDA
India's state owned Indian Renewable Energy Devlopment Agency (IREDA) on Wednesday, says its director of Finance, Bijay Kumar Mohanty who has assumed additional charge of Chairman and Managing Director on July 1. He's a fellow member at of the Institute of Cost Accountants of India and has 27 years of experience in the Indian power sector, where he worked with the Central Electricity Supply Company of Odisha Ltd (CESCO) and Grid Corporation of Odisha Ltd (GRIDCO).
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.
Paisalo Digital Ltd leads gainers in 'A' group
Reliance Power Ltd, Rites Ltd, Le Travenues Technology Ltd and Gujarat Gas Ltd are among the other gainers in the BSE's 'A' group today, 01 July 2026.
Reliance Power share price soars 18% as AI push sparks rally; stock snaps 4-day losing streak
Reliance Power's share price rose over 18% to ₹24.84 after announcing steps to integrate AI and new technology within its subsidiaries, ending a four-day losing streak. The company reported a consolidated net loss for Q4, contrasting with a net profit in the same quarter last year.
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.
Reliance Power shares soar 18%, snap 4-day losing streak. What’s triggering the sharp surge?
Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artificial intelligence and technology-driven businesses through its subsidiaries. The company renamed four subsidiaries to reflect the AI-focused strategy, boosting investor sentiment despite weak recent financial performance.
Power Grid Share Price Live Updates: Power Grid Reports Negative Weekly Returns
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.
The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chips
DBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, infrastructure and data centres. The bank expects AI spending, sovereign AI investments and rising power demand to create new investment opportunities while reshaping portfolio allocation amid persistent inflation and geopolitical risks.
Transformers and Rectifiers bags order worth Rs 1,000 cr from Power Grid Corporation of India
Transformers and Rectifiers (India) Limited has secured a significant order exceeding Rs 1,000 crore from Power Grid Corporation of India Ltd (PGCIL). This "ultra mega order" involves the manufacturing of various rated transformers and all associated work. The substantial deal highlights a major development for the company in the power infrastructure sector.