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Man Industries bullish on Gulf after US-Iran truce
Indian construction companies are set to gain from rebuilding in the Middle East. The US-Iran truce opens opportunities for firms like Man Industries. Rebuilding efforts are estimated to cost $50 billion. Demand for energy security and self-sufficiency is driving infrastructure investments. Saudi Arabia alone plans $1 trillion in investments by 2030.
NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment
NTPC is installing 5 gigawatt-hours of battery storage at its coal power plants. This initiative aims to reduce renewable energy that goes unused. The investment is around 5,000 crore rupees. These battery systems will absorb excess solar and wind power. The Central Electricity Regulatory Commission has approved a tariff structure for these projects.
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.
India will be the biggest driver of global oil demand for the next 25 years: OPEC
India is expected to add 8.1 million barrels per day of oil demand between 2025 and 2050—the highest increase globally—as rising incomes, industrialisation and transport needs outweigh the rapid expansion of renewable energy, according to OPEC's latest long-term outlook.
India's thermal coal imports sink to a 4-year low as green energy reshapes demand
India's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise in renewable energy generation. The country is actively reducing its dependence on imported coal for power. Increased local production and growing green energy sources are reshaping India's energy landscape.
India's C&I energy storage market to expand to 22-31 GWh by 2032: IESA
India's commercial and industrial energy storage market is set for significant expansion. Projections show growth from under 1 GWh in 2025 to an estimated 22-31 GWh by 2032. This surge is fueled by increasing electricity costs and the widespread adoption of renewable energy sources. Reliable power and decarbonisation goals also contribute to this upward trend.
Indian Oil Corporation Ltd up for five straight sessions
Indian Oil Corporation Ltd is quoting at Rs 146.19, up 0.53% on the day as on 12:44 IST on the NSE. The stock is up 5.42% in last one year as compared to a 2.73% fall in NIFTY and a 14.16% fall in the Nifty Energy.
Waaree Renewable gains after securing additional Rs 31 crore under existing solar EPC order
Waaree Renewable Technologies (WRTL) rose 1.19% to Rs 983.85 after the company announced the receipt of an enhancement in the scope of work under an existing contract from one of India's leading renewable energy companies.
Trade Spotlight: How should you trade Indian Hotels, Kirloskar Brothers, Siemens Energy, Data Patterns, Borosil Renewables, and others on June 18? - Moneycontrol.com
Trade Spotlight: How should you trade Indian Hotels, Kirloskar Brothers, Siemens Energy, Data Patterns, Borosil Renewables, and others on June 18?Moneycontrol.com
Non-fossil power capacity set to cross 300 GW by Sept, says energy minister Pralhad Joshi
India's non-fossil fuel power capacity will surpass 300 GW by September. This expansion is crucial for green hydrogen production under the National Green Hydrogen Mission. The mission aims for significant green hydrogen output, requiring substantial renewable energy. Private sector participation is strong. States are encouraged to adopt green hydrogen policies to attract investment and boost the sector's growth.
I Squared, US DFC to set up $3 billion energy infrastructure platform in Asia
I Squared Capital and the US International Development Finance Corporation are partnering. They will create a three billion dollar investment platform. This platform will focus on energy infrastructure in South and Southeast Asia. The goal is to boost energy connectivity with the Indo-Pacific region. It will support US LNG and energy exports.
Green Energy Stocks Shine As Indian Markets Close Higher Amid Mixed Sector Performance (17 June 2026) - SolarQuarter
Green Energy Stocks Shine As Indian Markets Close Higher Amid Mixed Sector Performance (17 June 2026)SolarQuarter