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Fast-tracked power plants fuel AI boom, with little public scrutiny
New power plants are being built at an unprecedented speed to meet the growing demand of tech companies. These facilities, often fueled by natural gas, are being approved with minimal public notice and environmental review. Residents are raising alarms about potential health and climate impacts. This trend is reshaping energy infrastructure across the United States.
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.
Inox Wind inks MoU with Inox Clean to supply 1,500 MW wind turbines
Inox Wind Limited has entered into an initial agreement with Inox Clean Energy. This pact will see Inox Wind supply 1,500 megawatts of wind turbines. These turbines will power renewable energy projects across India. This collaboration significantly boosts Inox Wind's order book. Inox Clean Energy aims to expand its renewable portfolio substantially by FY29.
Reliance Power Ltd gains for third straight session
Reliance Power Ltd is quoting at Rs 26.93, up 1.09% on the day as on 12:49 IST on the NSE. The stock is down 57.68% in last one year as compared to a 3.7% jump in NIFTY and a 10.87% jump in the Nifty Energy index.
SolarSquare raises $53 million in India’s largest residential solar funding round
SolarSquare has secured $53 million in a significant funding round. This investment fuels expansion into new cities and strengthens technology. The company is India's largest residential rooftop solar provider. Growing adoption of solar power in India is driving this growth. SolarSquare aims to build a comprehensive home-energy platform for consumers nationwide.
Green power push gets grid backing
India is setting standard timelines for power transmission projects. This aims to match infrastructure development with new electricity generation, especially for renewable energy. Delays in power evacuation have been a problem. New timelines cover substations and transmission lines. This will help ensure power projects are ready on time.
India aims to reach 155 GW of installed wind energy capacity by 2035: Union minister Joshi
India is targeting 100 gigawatts of wind energy by 2030 and 155 gigawatts by 2035. A new digital portal, WT-MARUT, has been launched to strengthen the wind turbine supply chain. This initiative will boost domestic manufacturing and enhance India's global competitiveness. The country is already a major player, with significant growth in wind power installations.
JSW Energy gains on acquiring Chhattisgarh-based thermal power plant operator
JSW Energy added 1.32% to Rs 567 after the company said that it has signed a definitive agreement with Kolahai Infotech and SFI Parcel Services to acquire 100% equity shares of Maruti Clean Coal & Power (MCCPL).
Stocks to Watch Today: NLC India, Dr Reddys Labs, Ashoka Buildcon, JSW Energy, Aurobindo Pharma, Power... - Moneycontrol.com
Stocks to Watch Today: NLC India, Dr Reddys Labs, Ashoka Buildcon, JSW Energy, Aurobindo Pharma, Power...Moneycontrol.com
Centre urges states to accelerate nuclear power plants and green energy storage
India is accelerating approvals for nuclear power plants and energy storage systems. This push is vital for the nation's growing data and AI centers. States are being urged to speed up clearances for proposed projects. The goal is to ensure a robust energy supply for future power needs. This initiative aims to enhance energy security across the country.
Stocks to Watch for June 15: Vedanta, Aurobindo Pharma, JSW Energy, Dr Reddy's and more
From Vedanta's demerged entities market debut to JSW Energy's wholly owned subsidiary JSW Neo Energy Ltd commissioning the full 150 MW capacity of the Tidong Power Generation Private Ltd hydroelectric project in Himachal Pradesh, here are some stocks to track ahead of Monday's trading session.
Adani Green to commission 14 GWh battery storage at Khavda by fiscal year-end to cut clean energy wastage
Adani Green Energy is building a massive 14 gigawatt-hour battery storage system in Khavda, Gujarat. This project aims to prevent the wastage of clean energy. India has already lost significant clean power due to a lack of storage. The company plans to expand this storage capacity significantly over the next five years.