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Viviana Power Tech gains after securing Rs 71 crore turnkey contract from PGVCL
Viviana Power Tech advanced 2.15% to Rs 781.50 after the company announced that it has secured a turnkey contract worth Rs 71.38 crore from Paschim Gujarat Vij Company (PGVCL).
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.
Rajesh Power Services spurts after securing Rs 653 crore PGVCL order
Rajesh Power Services rose 4.49% to Rs 856 after the company secured a Rs 653.12 crore turnkey contract from Paschim Gujarat Vij Company (PGVCL).
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.
Stocks in news: TCS, Nalco, Maruti Suzuki, Natco Pharma, HFCL
Indian markets saw a significant decline on Wednesday, influenced by global factors. TCS anticipates modest profit growth amid client spending caution and wage pressures. Nalco and NLC India will form a joint venture for a power plant. HFCL plans substantial investment to boost optical fibre cable production capacity. Natco Pharma announced significant investments and stake increases in South Africa.
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
NALCO, NLC India sign JV pact to develop 1,080 MW captive thermal power plant in Odisha
Shares of NLC India Ltd closed at ₹294.10, down ₹8.15, or 2.70%, on the BSE, while National Aluminium Company Ltd (NALCO) shares settled at ₹349.75, up ₹7.25, or 2.12%.