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Tata Power, Bhutan's DGPC expand hydropower partnership to over 5,000 MW
Tata Power and Bhutan's Druk Green Power Corporation (DGPC) have expanded their clean energy partnership with the addition of the 404 MW Nyera Amari I & II Integrated Hydropower Project, taking the total identified hydropower capacity under the collaboration to 5,033 MW from 4,500 MW earlier.
Adani Green Energy incorporates units to operate in renewable energy space
Adani Green Energy Limited has established new companies for clean energy power generation. These step-down subsidiaries were incorporated by its wholly-owned subsidiary, Adani Renewable Energy Sixty Four Limited. The new entities will focus on generating power from renewable energy sources. Adani Green Energy is a key player in developing and operating solar, wind, and energy storage solutions.
Adani Green Energy to add up to 15,000 GWh of battery energy storage capacity annually
Adani Green Energy plans massive battery storage expansion. The company will add thousands of gigawatt hours of capacity each year. This move supports India's energy transition. It aims to provide reliable clean power. The expansion will involve significant investment. This will help meet peak demand. It ensures round-the-clock renewable energy supply.
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.
Hotter summer ahead? NTPC Green, Tata Power, other power stocks surge up to 15%
Shares of Indian power companies rose sharply as early summer heat pushed electricity demand higher. Limited solar output and supply constraints from LNG and hydro plants boosted thermal generation. Temperatures across key cities have been above normal. Rajkot in Gujarat recorded 42°C on Tuesday, the highest so far this year.
NTPC Renewable Energy begins power supply from 270-MW unit of Gujarat solar project
NTPC Renewable Energy, a proud member of the NTPC Green Energy family, has officially commenced power generation from a robust 270-megawatt unit. This unit is a vital piece of a larger 1,200-megawatt solar venture flourishing in Gujarat.
ET Graphics: Green energy growth enters fast lane
India's renewable energy surge, driven by solar power, is accelerating towards its 500 GW goal by 2030. With approximately 35 GW of solar capacity added this fiscal year, the nation is witnessing rapid expansion, robust grid planning, and manufacturing advancements. This growth is crucial for meeting rising energy demand and decarbonisation targets.
GAIL to invest Rs 1,736 crore in wind power project in Maharashtra
State-run GAIL (India) Ltd has approved an investment of Rs 1,736.25 crore to set up a 178.2 MW wind power project in Maharashtra, expanding its renewable portfolio as it targets net zero carbon emissions by 2035. The project will add to its existing wind and solar capacity. GAIL aims to raise renewable capacity to 3.4 GW by 2035 and is also investing in green hydrogen and compressed biogas.
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.
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.
Stocks to Watch Today: Lenskart Solutions, Meesho, Vascon Engineers, Zee Entertainment, PPAP Automotive in focus on 11 June
Stocks to Watch, 11 Jun: Stocks like Lenskart Solutions, Vascon Engineers, Zee Entertainment Enterprises, Deccan Gold Mines, PPAP Automotive, Power Grid Corporation of India, Meesho, Sapphire Foods India, CMR Green Technologies, UHM Vacation, and Vahh Chemicals will be in focus on June 11.
Trade Spotlight: How should you trade NTPC Green Energy, Tata Power, JB Chemicals, Sterlite Technologies, Ajanta Pharma, and others on March 16?
The market may continue to consolidate with a negative bias amid the West Asia tensions. Below are some short-term trading ideas to consider.