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Organic Recycling Systems signs MoU with ITEL, Chennai
Organic Recycling Systems (ORSL) has entered into a strategic Memorandum of Understanding (MoU) with the Immersive Technology and Entrepreneurship Labs Foundation (ITEL), Chennai, to jointly drive research, innovation, and capacity-building initiatives in bio-energy, waste management, and green technologies.
NTPC partners with UK’s Octopus Energy to explore clean energy, EV and storage opportunities
India's NTPC and UK's Octopus Energy Group have signed an agreement. They will explore business opportunities together. This includes electricity distribution and storage. The collaboration will focus on India, the UK, and other regions. They aim to improve efficiency and clean energy use. Opportunities in renewable energy, EV charging, and digital platforms will be assessed.
NTPC signs pact with Octopus Energy to expand global energy play
As per an exchange filing, the agreement establishes a non-binding framework for cooperation aimed at identifying, assessing and pursuing opportunities in electricity distribution and retail, renewable energy and storage, electric vehicle charging infrastructure, digital energy platforms, innovation, research and development, and capacity building.
UltraTech to pick up 26% in Sunsure Solarpark Seven
UltraTech Cement is set to acquire a significant stake in Sunsure Solarpark Seven. This move aims to secure green energy for UltraTech. The acquisition will help optimize energy costs and meet regulatory demands. The deal is expected to be finalized within 180 days. This strategic investment underscores UltraTech's commitment to renewable energy.
UltraTech Cement to acquire 26.18% stake in Sunsure Solarpark Seven for ₹19.2 crore
The ₹19.2-crore acquisition is aimed at meeting UltraTech's green energy requirements, optimising energy costs and complying with regulatory requirements for captive power consumption under electricity laws. UltraTech Cement Ltd shares closed at ₹11,225, up ₹109 or 0.98%, on March 18 at the NSE.
Market Trading Guide: SAIL, NTPC Green among 4 top stock recommendations for up to 8% gains on Wednesday
Nifty 50 rose sharply for a second session, driven by banking, auto and metal stocks, signalling bullish momentum. Analysts highlighted breakout patterns and recommended SAIL, MCX, NTPC Green and Aeroflex Industries.
Nifty and Sensex Close Strong: Energy Sector Leads Losses as Markets End in Green - scanx.trade
Nifty and Sensex Close Strong: Energy Sector Leads Losses as Markets End in Greenscanx.trade
KPI Green Energy secures Rs 949 cr sanction from Canara Bank
KPI Green Energy has secured a sanction of Rs 931 crore from Canara Bank in the form of a Fresh Rupee Term Loan and Rs 48 crore in the form of a Bank Guarantee, to finance the development of its 150 MW wind power project in Gujarat.
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.
Valuation Check: 9 mid-cap stocks trading well above their Industry P/E
Stocks trading above their industry price-to-earnings ratio often signal strong growth expectations or investor optimism. A StockEdge valuation scan highlights nine NSE midcap companies, including Lenskart Solutions, NTPC Green Energy and Biocon.
India’s power capacity to surge with renewables; NTPC top pick in sector: Bernstein
Bernstein’s Nikhil Nigania said India’s power sector is entering a major expansion phase, with installed capacity of about 525 GW expected to rise sharply as the country adds nearly 50 GW of renewable energy annually. While renewables will drive growth, transmission infrastructure remains a key bottleneck. Nigania prefers traditional power and transmission plays, naming NTPC as his top pick, while remaining cautious on renewable equipment makers due to potential margin pressure and supply-demand imbalances.
JSW Energy, NTPC Green, Tata Power, other power stocks lose steam, fall up to 3%
Power stocks, including JSW Energy, NTPC Green Energy and Tata Power saw a dip on Monday investors likley booked profits after last week’s heatwave-driven rally. Rising temperatures and weather alerts had boosted demand expectations, but recent forecasts of rain and storms tempered sentiment.