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Solex Energy gains on securing Rs 628-cr order for supply of solar PV modules
Solex Energy jumped 5.39% to Rs 1,051.80 after it has received a work order from a leading independent power producer for the manufacture and supply of solar photovoltaic (PV) modules worth Rs 628.37 crore.
NALCO shares in focus on JV with NLC India for 1,080 MW thermal plant in Odisha
National Aluminium Company and NLC India have signed an agreement for a joint venture. This new entity will establish a 1,080 MW captive thermal power plant in Odisha. The plant will supply electricity for NALCO's aluminium smelter expansion project. Partners will also explore renewable energy sourcing and long-term coal supply. Both government-owned companies will hold equal stakes in the proposed joint venture.
Nuclear power output to rise 44% in 10 years; India, China key drivers
Global nuclear power capacity is projected to increase by forty-four percent over the next decade. This growth is driven by rising electricity demand and significant reactor construction in China and India. China is on track to become the world's largest nuclear nation by the end of this decade. Efforts to combat climate change and increasing social acceptance are also boosting nuclear energy.
Data Centres, AI & EVs to drive peak power demand to 300 GW in '27: Electricity Minister
India's peak power demand is projected to reach 300 GW next year. This surge is driven by expanding data centers, artificial intelligence, and electric vehicles. Energy storage has become a national imperative due to rising demand and renewable energy additions. India targets around 160 GW of storage by 2035, with clear roadmaps. The country requires 888 GWh of energy storage system capacity by 2035-36.
India's peak power demand set to hit 300 GW next year: Manohar Lal
Speaking at the 12th India Energy Storage Week (IESW) 2026 in the national capital, the minister highlighted that according to estimates, India has already reached (peak power demand of) 271 GW, and projections suggest the peak may rise even further this year.
Nalco, NLCIL sign JV pact to set up 1,080 MW captive power plant in Odisha
National Aluminium Company and NLC India have signed a joint venture agreement. They will jointly establish a 1,080 MW thermal captive power plant in Odisha. This new plant will supply essential power to Nalco's aluminium smelter expansion project. The collaboration also aims to explore renewable energy and secure coal supply. This strategic partnership will enhance Nalco's power generation capabilities.
Maruti Suzuki installs 1 MWh battery storage system at Kharkhoda facility
Maruti Suzuki commissioned a one MWh Battery Energy Storage System at its Kharkhoda facility. This system stores surplus solar power generated during low-demand periods. The new BESS will help stabilize the local electricity grid effectively. This initiative aligns with India's focus on building self-reliant energy ecosystems. The company remains committed to lowering emissions despite increasing production volumes.
Indian Stock Market Slump Drags Green Energy and Power Stocks Lower on July 8 - SolarQuarter
Indian Stock Market Slump Drags Green Energy and Power Stocks Lower on July 8SolarQuarter
Power transmission projects to face execution risks on land acquisition, regulatory approval challenges: Icra
Power transmission projects face significant execution risks and delays. Land acquisition and regulatory approvals hinder timely project completion. These delays impact renewable energy developers and their financial returns. The sector expects substantial capacity additions by 2032. However, execution challenges persist for future projects.
Sinopec unit signs engineering deal for Central Asia's first large-scale integrated biojet fuel complex
Sinopec Engineering will design Central Asia's first large-scale sustainable aviation fuel complex. This project in Uzbekistan will produce biomass-based SAF and e-SAF. The complex will utilize sorghum, rice husks, and straw as its primary feedstock. Solar power will serve as the main electricity source for the plant. This initiative supports Sinopec's low-carbon energy goals and Uzbekistan's aviation hub ambitions.
Jaiprakash Power Ventures Ltd drops for fifth straight session
Jaiprakash Power Ventures Ltd is quoting at Rs 17.28, down 1.59% on the day as on 13:19 IST on the NSE. The stock tumbled 7.3% in last one year as compared to a 4.91% slide in NIFTY and a 6.97% spurt in the Nifty Energy index.
Maruti Suzuki commissions 1 MWh BESS at Kharkhoda plant
Maruti Suzuki commissioned a 1 MWh Battery Energy Storage System at its Kharkhoda manufacturing facility. This system stores surplus solar power generated during low-demand periods and holidays. The company installed a 20 MWp solar power project at the same facility in 2025. This initiative aligns with India's focus on building self-reliant energy ecosystems. The system will help reduce nearly 54 tonnes of CO₂ emissions annually.