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Reliance Industries signs $3 billion green ammonia supply deal with Samsung C&T
Reliance Industries has struck a groundbreaking deal with Samsung C&T, marking a pivotal moment in environmental progress. The extensive 15-year agreement, worth over $3 billion, will kick off with the supply of green ammonia beginning in late fiscal 2029. This collaboration embodies Reliance's ambitious move towards clean energy production, reflecting the escalating international demand for sustainable fuel alternatives.
Call for clean tech has automakers fishing for talent
India's auto industry is grappling with a critical lack of engineers for electric, hybrid, and other clean fuel technologies. Companies like Maruti Suzuki and Hyundai are boosting recruitment as they launch new models. This talent gap is driven by government incentives and stricter emission norms. The demand for these specialists is high, leading to increased competition for skilled professionals.
Clean Max Enviro Energy bulk deal: Citigroup sells 8.3 lakh shares worth Rs 70 crore
Citigroup offloaded ₹70 crore worth shares in Clean Max Enviro Energy Solutions at a 20% discount to its IPO price after a weak debut on National Stock Exchange of India. The stock ended sharply lower amid muted retail participation despite institutional interest.
HEG Greentech demerger: Why Madhusudan Kela is betting ₹500 crore on this pivot
Steel is going green, and HEG sits at the center of this shift. As electric arc furnace capacity rises and energy storage expands, the company is betting on electrodes and clean-tech to power the transition.
Renewable Ministry looks to charge up ancillary firms for better grid
India's Ministry of New and Renewable Energy will soon create opportunities for ancillary market players in the clean energy sector. This initiative aims to improve grid management through services like frequency control and voltage support. The Central Electricity Authority is developing a paper on this subject. This move will help integrate more renewable energy into the grid.
Clean Max Enviro Energy IPO allotment on Feb 26: Steps to check status on NSE, BSE and MUFG Intime India
Investors can check the Clean Max Enviro Energy IPO share allotment status on the websites of the NSE, BSE and issue registrar, MUFG Intime India Pvt Ltd.
Temasek, ADIA said to plan investing in Clean Max’s India IPO
Temasek Holdings Pte and Abu Dhabi Investment Authority plan to invest in Clean Max Enviro Energy Solutions Ltd.'s IPO, alongside HDFC Asset Management Co. Ltd and SBI Life Insurance Co.
KPI Green Energy completes 92.4-MW wind power project in Gujarat
KPI Green Energy has successfully completed a significant 92.4 megawatt wind power project in Gujarat. This project, developed for Ayana Renewable Power Four, features 28 wind turbine generators. The company has finished all necessary work, including substations and transmission lines. This achievement underscores KPI Green Energy's capability in executing large renewable energy projects and boosts India's clean energy capacity.
Clean Max Enviro Energy Solutions IPO Opens On Feb. 23: Check GMP, Offer Size, Price Band And More
IPO opens on Monday
Clean Max Enviro Energy Solutions IPO: From GMP to issue size, and more - 10 key things to know before subscribing
Clean Max Enviro Energy Solutions IPO opens for subscription on February 23 and closes on February 25, with a price band of ₹1,000 to ₹1,053. The grey market trend shows a modest premium with the GMP at ₹7 per share, down from ₹14 earlier.
Waaree Energies shares in focus as company holds talks with Andhra Pradesh government to set up a gigafactory
Shares of Waaree Energies are in focus after the company confirmed talks with Andhra Pradesh and other states to set up a 16–20 GWh lithium-ion battery gigafactory. The Rs 8,000–8,175 crore project, approved by the state, aims to create 3,000 jobs and strengthen India’s clean-energy and storage capabilities.
Kotak sees FY27 as defence inflection year; Hyperstrike, Uttam AESA among key growth drivers
It noted that while clean energy remains the anchor business, "data center racks (Rs4-5 billion potential), civil nuclear... and aerospace & defense... emerge as new growth legs."