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Centre invites bids for green urea plants to curb import reliance
The department on Friday held a pre-EoI meeting with public and private sector companies, including NTPC, the Solar Energy Corporation of India (SECI), fertiliser manufacturers, technology providers and green hydrogen developers, to discuss the proposed project framework.
Govt targets solar, hydrogen components to cut import dependence
India is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas include solar inverters, electrodes, catalysts, bipolar plates, and polysilicon. This strategic move aims to strengthen the supply chain for critical components, addressing current import dependencies and fostering long-term cost competitiveness for India's burgeoning renewable energy industry.
India’s $55 billion green energy pipeline faces climate damage
India's ambitious renewable energy expansion faces a significant climate threat, with $55 billion in planned solar, wind, and hydropower assets vulnerable to extreme weather by 2030. Ninety percent of proposed capacity across ten states is at high risk from events like floods and wildfires. This highlights the urgent need for resilience measures to protect investments and ensure the nation's clean energy transition remains on track.
NLC India bets big on green energy with 1,000 MW Odisha project
NLC India Renewables has partnered with OREDA to develop 1,000 MW of renewable energy projects in Odisha, as the state-run company accelerates its shift towards solar, wind, storage and green hydrogen.
Solarium Green Energy bags contract worth Rs 186.52 cr
For a 50 MW solar power project in Maharashtra
Banks boost renewable energy credit by 7% in April amid energy security concerns
Banks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. This surge in funding for green energy underscores the nation's commitment to energy transition. Experts note a growing demand for climate finance, urging banks to develop specialized underwriting for sunrise sectors like solar and green hydrogen, which are poised for significant growth.
Solarium Green Energy bags Rs 187-cr solar EPC order in Maharashtra
Solarium Green Energy jumped 6% to Rs 190 after the company secured a solar EPC order worth Rs 186.53 crore for a 50 MW AC/65 MW DC solar photovoltaic (PV) power project in Maharashtra.
NLC India, Indian Oil Corporation partner up for large-scale green energy projects
State-run NLC India Limited (NLCIL) has partnered with Indian Oil Corporation Limited (IOC) to form a joint venture focused on developing large-scale green energy projects in Tamil Nadu. This collaboration, formalized by a Memorandum of Understanding, aims to advance renewable energy initiatives including solar, wind, and storage solutions. The partnership signifies a strategic move for NLCIL's diversification into clean energy and contributes to India's sustainable development goals.
Hindustan Zinc signs MoU with Advantek Associates & Aero Eagle
To explore adoption of green hydrogen and alternative clean energy solutions
Reliance targets 40 billion units of green power annually; battery gigafactory to commission first phase this year
Reliance Industries aims for 40 billion units of green electricity annually, powering its Kutch hub. The company is scaling its battery cell gigafactory to 120 GWh and expects new energy to boost financial performance from 2027. Operational solar PV manufacturing lines are already producing advanced HJT modules, marking a significant step towards a sovereign clean energy ecosystem with no imported fuel or foreign technology.
RIL aims to generate 40 billion units of green energy every year, Anant Ambani says at AGM
Reliance Industries Ltd. (RIL) executive director Anant Ambani, at the 49th AGM, announced a slew of measures the conglomerate is set to take this fiscal onwards, focusing on building the world's first fully soverign clean energy ecosystem.
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.