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Laser Power & Infra raises ₹222 crore from anchor investors ahead of IPO - livemint.com
Laser Power & Infra raises ₹222 crore from anchor investors ahead of IPOlivemint.com
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%.
Power transmission projects to face execution risks on land acquisition, regulatory approval challenges: Icra
Power transmission projects face significant execution risks and delays. Land acquisition and regulatory approvals hinder timely project completion. These delays impact renewable energy developers and their financial returns. The sector expects substantial capacity additions by 2032. However, execution challenges persist for future projects.
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Sinopec unit signs engineering deal for Central Asia's first large-scale integrated biojet fuel complex
Sinopec Engineering will design Central Asia's first large-scale sustainable aviation fuel complex. This project in Uzbekistan will produce biomass-based SAF and e-SAF. The complex will utilize sorghum, rice husks, and straw as its primary feedstock. Solar power will serve as the main electricity source for the plant. This initiative supports Sinopec's low-carbon energy goals and Uzbekistan's aviation hub ambitions.
Brokerages back Laser Power IPO on attractive valuations; should you apply?
Laser Power & Infra IPO comprises a fresh issue of 25.3 million equity shares aggregating to ₹542 crore and an offer for sale (OFS) of up to 9.3 million shares worth ₹200 crore
Power Finance Corporation Ltd drops for fifth straight session
Power Finance Corporation Ltd is quoting at Rs 412, down 0.28% on the day as on 13:19 IST on the NSE. The stock tumbled 1.38% in last one year as compared to a 4.91% slide in NIFTY and a 1% fall in the Nifty Financial Services index.
Jaiprakash Power Ventures Ltd drops for fifth straight session
Jaiprakash Power Ventures Ltd is quoting at Rs 17.28, down 1.59% on the day as on 13:19 IST on the NSE. The stock tumbled 7.3% in last one year as compared to a 4.91% slide in NIFTY and a 6.97% spurt in the Nifty Energy index.