Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India’s next big energy bet may come straight from China’s coal handbook
The Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and food security. Despite domestic coal challenges and technological gaps, India is investing heavily to boost its coal-based chemical production, potentially extending the fossil fuel's demand.

NTPC Chief Cautions Against Dependence On Single Supplier For Nuclear Technology
According to the NTPC website, the company currently has an installed capacity of 89,805.30 MW at group-level, spanning coal, gas, liquid fuel, hydro and solar power.
Regulator in India's top solar state again blocks 3.2 GW coal power project
Rajasthan's power regulator has again rejected a proposed 3.2 gigawatt coal power project. The regulator wants state utilities to first reassess demand and capacity needs. This decision comes as other Indian states increase coal power purchases to meet rising demand for round-the-clock electricity. India aims for significant non-fossil fuel power capacity by 2030.

Coal India Strikes Off and Dissolves CIL Solar PV Limited Under Companies Act, 2013 - scanx.trade
Coal India Strikes Off and Dissolves CIL Solar PV Limited Under Companies Act, 2013scanx.trade
Evening peak power demand exposes gaps in India’s energy transition: Citi
India's power sector is shifting focus from electricity shortages to ensuring reliable power during non-solar hours. Rapid renewable energy growth creates challenges for evening and night-time demand. The country needs enhanced transmission and storage infrastructure. Battery storage and flexible thermal generation will be crucial. Delays in capacity additions could lead to power shortages. Coal power will remain important.
L&T's Energy Hydrocarbon vertical bags 'significant' EPC contract from BCGCL
Larsen & Toubro said that its L&T Energy Hydrocarbon Onshore division has secured a significant EPC order from Bharat Coal Gasification and Chemicals (BCGCL).
L&T Energy Hydrocarbon Onshore wins order from Bharat Coal Gasification and Chemicals
L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha. According to the company's project classification, the order is valued in the range of Rs 1,000 crore to Rs 2,500 crore.
Coal India commissions 100 MW solar power project in Gujarat
State-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's renewable energy expansion. The project received its commissioning certificate from Gujarat Energy Development Agency. This development comes as Coal India aims to increase its solar capacity. The company is working towards becoming a Net Zero energy entity.

Coal India commissions 100 MW solar plant in Gujarat; ramps up diversification push
Coal India has commissioned a 100 MW solar power plant in Gujarat, marking a key step in its renewable energy push and diversification beyond its core coal business.
Larsen & Toubro bags large order for coal gasification project
Larsen & Toubro's Energy Hydrocarbon Onshore business has secured a large order from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India and Bharat Heavy Electricals (BHEL), for a coal-to-ammonium nitrate project in Odisha.
Larsen & Toubro bags coal-to-ammonia nitrate project in Odisha
L&T Energy Hydrocarbon Onshore has won a large order from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonia-Nitrate project in Odisha. According to the company's project classification, the order is valued between Rs 2,500 crore to Rs 5,000 crore.
L&T bags 'large' BCGCL order for coal-to-chemicals plant in Odisha, 2,000 TPD capacity
Larsen & Toubro has secured a landmark deal to develop a state-of-the-art coal-to-ammonium nitrate facility in Odisha, poised to deliver 2,000 tonnes of ammonium nitrate daily. This venture not only bolsters India's aspirations for enhanced coal gasification but also reduces dependency on imports, perfectly aligning with the Aatmanirbhar Bharat initiative.