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ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crude
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ET Markets - Industry 20d ago

ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crude

State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production has surpassed oil, with future growth expected to be driven by expanding gas output. Policy reforms and rising domestic demand are supporting this strategic pivot, as ONGC invests heavily in offshore projects and explores clean energy avenues.

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BHAVINI hosts industry partnership conclave to drive country's fast breeder reactor expansion
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ET Markets - Industry 21d ago

BHAVINI hosts industry partnership conclave to drive country's fast breeder reactor expansion

BHAVINI, a Department of Atomic Energy firm, hosted a crucial partnership conclave for fast breeder reactor expansion. Senior industry leaders, technology partners, and engineering organizations convened to chart a collaborative roadmap for India's nuclear energy future. This initiative underscores a commitment to clean, sustainable nuclear power, aligning with national climate goals and the objective of achieving net-zero emissions by 2070.

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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 21d 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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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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RIL aims to generate 40 billion units of green energy every year, Anant Ambani says at AGM
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CNBC TV18 - Markets 22d ago

RIL aims to generate 40 billion units of green energy every year, Anant Ambani says at AGM

Reliance Industries Ltd. (RIL) executive director Anant Ambani, at the 49th AGM, announced a slew of measures the conglomerate is set to take this fiscal onwards, focusing on building the world's first fully soverign clean energy ecosystem.

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Reliance AGM 2026: Sun rises on RIL's green empire with a 2 lakh jobs promise
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ET Markets - Industry 22d ago

Reliance AGM 2026: Sun rises on RIL's green empire with a 2 lakh jobs promise

Reliance’s clean energy roadmap at AGM 2026: Reliance Industries used its AGM 2026 to showcase the scale of its clean energy ambitions, with Executive Director Anant Ambani saying the company's new energy businesses will create more than 200,000 green jobs and begin making a meaningful contribution to earnings from FY27.

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MTAR Technologies shares surge 5%, deliver multibagger returns of 138% in just 3 months
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ET Markets - Stocks 22d ago

MTAR Technologies shares surge 5%, deliver multibagger returns of 138% in just 3 months

MTAR Technologies shares surged to a fresh 52-week high, extending a remarkable 138% rally in three months. Strong international order wins, upgraded FY27 revenue guidance of over 80%, robust earnings growth, and expanding opportunities in clean energy, aerospace, nuclear, and oil & gas have fueled investor enthusiasm.

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Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segment
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ET Markets - Industry 22d ago

Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segment

Reliance New Energy is set to launch battery-swapping services for electric two-wheelers. This move targets the delivery and logistics sector. The company has secured necessary certifications for batteries and vehicles. Initial trials will occur within Reliance's own fleet. A wider commercial rollout is anticipated by FY27. This initiative supports Reliance's clean energy and electric mobility goals.

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Avaada targets 17.7 GW renewable energy capacity within two years
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ET Markets - Industry 25d ago

Avaada targets 17.7 GW renewable energy capacity within two years

Avaada Group is set to significantly expand its renewable energy capacity. The company plans to add 10.5 gigawatts over the next two years. This expansion will bring Avaada's total installed generation capability to 17.7 gigawatts. Power purchase agreements are already secured for these upcoming projects. This growth aligns with India's clean energy transition goals.

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PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energy
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ET Markets - Industry 25d ago

PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energy

Indian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sustainable finance. The Reserve Bank of India's Green Deposit Framework, introduced in 2023, has played a key role. Banks are channeling these funds into environmentally friendly projects like renewable energy and clean transportation.

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India sets transmission project deadlines to speed up renewable energy expansion
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ET Markets - Industry 25d ago

India sets transmission project deadlines to speed up renewable energy expansion

India has introduced standardized timelines for power transmission projects to accelerate renewable energy integration. The Central Electricity Authority's new guidelines aim to synchronize grid expansion with generation and distribution, reducing delays that hinder new power capacity. These measures are crucial as transmission expansion struggles to match the rapid growth of clean energy.

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Madhya Pradesh set to emerge as a major nuclear power hub in country: Official
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ET Markets - Industry 25d ago

Madhya Pradesh set to emerge as a major nuclear power hub in country: Official

Madhya Pradesh is becoming a significant nuclear power center. Projects totaling 7,000 MW are underway, with more private sector proposals being considered. This development aligns with national goals for clean energy. The state's proactive approach is attracting new nuclear power projects, positioning it as a key hub for future energy generation in India.

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