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India needs 2,000 GW new power capacity in 20 years, says Adani Green's Sagar Adani
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ET Markets - Industry 14d ago

India needs 2,000 GW new power capacity in 20 years, says Adani Green's Sagar Adani

India needs to add nearly 2,000 gigawatts of new power generation capacity over the next two decades to meet rising demand and reduce reliance on imported fuels, according to Adani Green Energy Executive Director Sagar Adani. He emphasized that electrification, supported by renewables, hydro, thermal, and nuclear power, is the clearest path to energy security, affordability, and sustainability for the nation.

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Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI
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ET Markets - Industry 15d ago

Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI

A potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer manufacturing costs and impede India's ambitious power grid expansion plans. With domestic production meeting less than 10% of demand, imposing duties might raise prices without reducing import reliance, impacting vital infrastructure development and renewable energy integration. The probe follows a complaint by JSW JFE Electrical Steel Nashik Pvt Ltd.

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NEWS
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Business Standard - Markets 17d ago

NLC India inks MoU with Indian Oil Corporation

NLC India has signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) for the formation of a joint venture for the establishment of renewable energy power projects in Tamil Nadu.

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India nears 50% domestic coal use in import-based power plants, sources say
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ET Markets - Industry 17d ago

India nears 50% domestic coal use in import-based power plants, sources say

India is significantly boosting the use of domestic coal at power plants previously reliant on imports, aiming to slash costly overseas purchases. Over 50% of capacity at these plants is now running on local fuel, with trials expanding this further. This shift is enabled by increased renewable energy generation freeing up domestic supplies and plant modifications to handle local coal's higher ash content.

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Reliance targets 40 billion units of green power annually; battery gigafactory to commission first phase this year
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ET Markets - Industry 22d ago

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.

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Kirloskar Oil Engines wins 192 MW power order for AI data centre
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CNBC TV18 - Markets 22d ago

Kirloskar Oil Engines wins 192 MW power order for AI data centre

Kirloskar Oil Engines Limited (KOEL) has won a 192 MW power systems order from HyperNext to support a large AI-enabled data centre project in India. The deployment includes 96 units of its Optiprime Dual Core systems, which will provide backup power for hyperscale cloud and AI infrastructure. The project is aimed at building resilient, energy-efficient digital infrastructure to meet rising demand from artificial intelligence and cloud computing workloads.

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IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facility
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ET Markets - Industry 22d ago

IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facility

Facing energy security challenges, Indian Oil Corporation Limited (IOCL) has installed a 150-kW rooftop solar system at its Guwahati facility. This initiative aims to enhance operational resilience, reduce reliance on conventional power, and cut costs. The system is projected to save Rs 13.8 lakh annually and offers a quick ROI, bolstering energy reliability in a region prone to grid disruptions and supporting India's clean energy goals.

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NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment
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ET Markets - Industry 23d ago

NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment

NTPC is installing 5 gigawatt-hours of battery storage at its coal power plants. This initiative aims to reduce renewable energy that goes unused. The investment is around 5,000 crore rupees. These battery systems will absorb excess solar and wind power. The Central Electricity Regulatory Commission has approved a tariff structure for these projects.

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India's thermal coal imports sink to a 4-year low as green energy reshapes demand
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ET Markets - Industry 23d ago

India's thermal coal imports sink to a 4-year low as green energy reshapes demand

India's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise in renewable energy generation. The country is actively reducing its dependence on imported coal for power. Increased local production and growing green energy sources are reshaping India's energy landscape.

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Fast-tracked power plants fuel AI boom, with little public scrutiny
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ET Markets - Industry 25d ago

Fast-tracked power plants fuel AI boom, with little public scrutiny

New power plants are being built at an unprecedented speed to meet the growing demand of tech companies. These facilities, often fueled by natural gas, are being approved with minimal public notice and environmental review. Residents are raising alarms about potential health and climate impacts. This trend is reshaping energy infrastructure across the United States.

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NEWS
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Business Standard - Markets 25d ago

Reliance Power Ltd gains for third straight session

Reliance Power Ltd is quoting at Rs 26.93, up 1.09% on the day as on 12:49 IST on the NSE. The stock is down 57.68% in last one year as compared to a 3.7% jump in NIFTY and a 10.87% jump in the Nifty Energy index.

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NEWS
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Business Standard - Markets 26d ago

JSW Energy gains on acquiring Chhattisgarh-based thermal power plant operator

JSW Energy added 1.32% to Rs 567 after the company said that it has signed a definitive agreement with Kolahai Infotech and SFI Parcel Services to acquire 100% equity shares of Maruti Clean Coal & Power (MCCPL).

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