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Tata Power targets Rs 1 lakh cr revenue by 2030, reveals key update on nuclear plans
Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030. The company will expand its solar manufacturing capacity by adding a new 10 GW project. Tata Power is also open to entering the nuclear power segment with small modular reactors. It plans to expand distribution footprints in states proposing privatization. The energy network currently serves over 13.1 million distribution customers.
Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project
Serentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchable Renewable Energy project. Notably, it achieved the largest allocation in the competitive SECI auction. This innovative project ensures electricity provision during non-solar hours, effectively addressing peak demand while significantly cutting down annual carbon emissions, contributing positively to the environment.
India-origin battery tech powers Offgrid's first UK manufacturing facility
Offgrid Energy Labs has launched its first UK pilot manufacturing facility for its India-developed ZincGel® long-duration batteries. The 10 MWh plant marks the commercial scale-up of the company's proprietary zinc-bromine technology. Offgrid aims to serve global energy storage markets while expanding manufacturing of India-origin battery innovation through an international production network.
One attack, one warning: The world's energy lifeline is still vulnerable
An attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shipping in the vital waterway. Energy markets may face potential repeated disruptions rather than widespread conflict fears. The dispute over Hormuz control remains unresolved, impacting global energy supplies.
How low can oil go | Explained
The competition in the energy market has intensified forcing Saudi Arabia to offer its Asian customers the biggest cut to oil prices in 26 years. Scroll down for the latest estimates for crude oil prices in the coming months.
Suzlon Share Price Extends Losing Streak, Dips 8% In Five Days — What's Dragging The Stock?
Experts say the 8% decline in Suzlon Energy's stock is being viewed as a pause after a rally, driven by concerns over project execution delays such as transmission bottlenecks, land acquisition issues, and regulatory approvals, rather than a change in its long-term growth.
Clean Max Enviro Energy Solutions commissions 530 MW renewable energy capacity in Q1 FY27
Total operational renewable energy portfolio now stands at 4.2 GW
Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan
Avaada Group, which includes Avaada Energy, is one of India's fastest-growing renewable energy developers with a portfolio spanning solar, wind and hybrid power projects.
Stocks to buy: Siemens Energy, Chola Fin, EID Parry; recommends Geojit
Technical stock picks: Anand James, Chief Market Strategist at Geojit Investments recommends 'Buy' on Siemens Energy India, EID Parry and Cholamandalam Investment on Tuesday.
China Resources New Energy Holdings Share Price Today | SZ: 001248 - Investing.com India
China Resources New Energy Holdings Share Price Today | SZ: 001248Investing.com India
ET Graphics: Crude oil retreats, but India's fuel bills stay up
China has reduced fuel prices, mirroring pre-war levels as crude oil costs decline. Indian private retailer Nayara Energy also cut its fuel rates recently. State-run firms have not yet followed suit after substantial first-quarter losses. These companies incurred nearly seventy-five thousand crore rupees in losses. This situation arose due to delayed fuel price adjustments by the government.
Auto companies may soon get to trade BEE credits for easier fuel-efficiency compliance
The power ministry has introduced a new credit trading system aimed at Corporate Average Fuel Efficiency standards. Under this initiative, manufacturers can trade excess compliance credits and purchase them from the Bureau of Energy Efficiency. The framework includes credit and debit accounting, allowing manufacturers who surpass targets to earn credits, while those who don't accumulate debits.