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JSW Energy acquires MCCPL to strengthen thermal portfolio
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ET Markets - Industry 28d ago

JSW Energy acquires MCCPL to strengthen thermal portfolio

JSW Energy is acquiring Maruti Clean Coal & Power Limited for Rs 1,410 crore. This move supports JSW Energy's goal of reaching 30GW capacity by 2030. The acquired company operates a 300 MW thermal plant in Chhattisgarh. This acquisition strengthens JSW Energy's thermal portfolio and cash flows. It also enhances regional thermal power operations.

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JSW Energy inks agreement to acquire Maruti Clean Coal and Power for ₹1,400 crore
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CNBC TV18 - Markets 28d ago

JSW Energy inks agreement to acquire Maruti Clean Coal and Power for ₹1,400 crore

JSW Energy to acquire 100% of Maruti Clean Coal and Power, adding a 300 MW Chhattisgarh plant toward its 30 GW by FY 2030 goal, pending land and lender approvals

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Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
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ET Markets - Industry 31d ago

Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity

Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.

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Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security
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ET Markets - Industry 37d ago

Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security

Maruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lower carbon emissions. The technology supports farmers and rural communities, linking agriculture with clean mobility. This initiative is a key step towards India's energy security and self-reliance. The company is committed to cleaner mobility solutions.

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Reliance operationalises clean energy giga complex; elevates national exchequer contribution to Rs 2,16,472 crore in FY26
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ET Markets - Industry 44d ago

Reliance operationalises clean energy giga complex; elevates national exchequer contribution to Rs 2,16,472 crore in FY26

Reliance Industries has launched its clean energy operations. The company commissioned solar module manufacturing and began advanced work on a battery storage giga-factory. Reliance also significantly increased its contributions to the national exchequer. Jio Platforms accelerated its research and development, filing numerous new patents. The company is focused on enabling India's energy and digital future.

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Solar surge hits coal wall, 300 GWh of clean power wasted in Q1 of 2026
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ET Markets - Industry 47d ago

Solar surge hits coal wall, 300 GWh of clean power wasted in Q1 of 2026

Coal-fired power plants in India are reportedly blocking the evacuation of solar power into the grid, leading to significant renewable energy curtailment.

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Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22
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ET Markets - Industry 51d ago

Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22

Adani Total Gas has appointed Sanjay Pandita as its new CEO, effective May 22, 2026. With 25 years of experience in the energy sector, Pandita is recognized for his expertise in natural gas, LNG, and low-carbon solutions. His career includes significant contributions to India's clean energy transition and business growth in city gas distribution and mobility.

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West Asia conflict fails to slow oil PSUs' capex push
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ET Markets - Industry 52d ago

West Asia conflict fails to slow oil PSUs' capex push

Indian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments in refining and renewable energy. Bharat Petroleum Corporation Limited is also allocating substantial funds for refining and marketing. Hindustan Petroleum Corporation Limited's capital expenditure is expected to be slightly lower. These companies are focused on growth and energy transition.

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Maharashtra govt ramps up nuclear energy with MoUs worth Rs 6.5 lakh crore
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ET Markets - Industry 53d ago

Maharashtra govt ramps up nuclear energy with MoUs worth Rs 6.5 lakh crore

Maharashtra has signed MoUs with four companies, including Adani Power and Reliance Industries, to attract Rs 6.5 lakh crore in nuclear energy investments. These projects aim to generate 25,400 MW of power and create 1,23,500 jobs, bolstering the state's clean energy initiatives and contributing to India's energy-rich nation goal.

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Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts
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ET Markets - Industry 53d ago

Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts

Reliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components for battery energy storage systems as it pushes ahead with its clean energy plans.

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Cabinet to soon approve Rs 37,500 cr incentive scheme to promote coal gasification projects
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ET Markets - Industry 69d ago

Cabinet to soon approve Rs 37,500 cr incentive scheme to promote coal gasification projects

The Union Cabinet is poised to approve a Rs 37,500 crore incentive scheme to promote coal gasification projects. This initiative aims to boost clean energy production, reduce import dependence on critical commodities like LNG and urea, and enhance the utilization of domestic coal resources.

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Reliance Industries signs $3 billion green ammonia supply deal with Samsung C&T
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ET Markets - Industry 117d ago

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.

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