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India’s peak power demand hits 271 GW, breaks record for fourth straight day
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ET Markets - Industry 51d ago

India’s peak power demand hits 271 GW, breaks record for fourth straight day

India's peak power demand neared 271 GW on Thursday, a significant increase driven by intense heat. This marks the fourth consecutive day of record demand. Thermal power met over 62% of the need, with coal supplies monitored. The ministry is assessing trends for future projections. Peak demand in solar hours has been met without issues this week.

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MoF approves scheme for floating solar battery storage
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ET Markets - Industry 54d ago

MoF approves scheme for floating solar battery storage

India is set to boost renewable energy with a new ₹5,500 crore floating solar battery storage scheme. The finance ministry's expenditure finance committee has approved the plan. This initiative aims to encourage states to install floating solar panels. It will help reduce reliance on fossil fuel imports. The scheme will be sent to the cabinet for final approval soon.

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NTPC Chief Cautions Against Dependence On Single Supplier For Nuclear Technology
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NDTV Profit 56d ago

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.

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India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani
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ET Markets - Industry 56d ago

India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani

suggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in the immediate term, while aggressively accelerating long-term structural reforms across its solar, storage, and distribution networks.

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Regulator in India's top solar state again blocks 3.2 GW coal power project
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ET Markets - Industry 57d ago

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.

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Coal India Strikes Off and Dissolves CIL Solar PV Limited Under Companies Act, 2013 - scanx.trade
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Google News - India Markets 61d ago

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

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Evening peak power demand exposes gaps in India’s energy transition: Citi
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ET Markets - Industry 63d ago

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.

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Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid
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ET Markets - Industry 64d ago

Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid

Gujarat has launched battery storage systems totaling 870 MW across five locations to ensure renewable power grid stability. The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.

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Q4 Results Today: BSE, Dabur, Britannia, Biocon, MGL Among Over 100 Firms To Declare Earnings On May 7
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NDTV Profit 66d ago

Q4 Results Today: BSE, Dabur, Britannia, Biocon, MGL Among Over 100 Firms To Declare Earnings On May 7

Indraprastha Gas, Bharat Forge, ACME Solar Holdings, Karur Vysya Bank and CarTrade Tech are among the key firms that will declare quarterly results today.

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Coal India commissions 100 MW solar power project in Gujarat
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ET Markets - Industry 68d ago

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.

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Coal India commissions 100 MW solar plant in Gujarat; ramps up diversification push
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CNBC TV18 - Markets 68d ago

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.

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Energy security should drive adoption of renewables now: Hero Future Energies chief Rahul Munjal
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ET Markets - Industry 81d ago

Energy security should drive adoption of renewables now: Hero Future Energies chief Rahul Munjal

Rahul Munjal of Hero Future Energies said India must shift its renewable energy narrative from climate goals to energy security amid oil supply disruptions. He stressed scaling from gigawatts to terawatts, highlighting green hydrogen, solar, and wind as key to reducing crude oil dependence.

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