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Suzlon Energy Ltd slips for fifth straight session
Suzlon Energy Ltd is quoting at Rs 54.49, down 1.77% on the day as on 13:19 IST on the NSE. The stock tumbled 17.76% in last one year as compared to a 4.3% slide in NIFTY and a 6.95% spurt in the Nifty Energy index.
Tata Power targets Rs 1 lakh cr revenue by 2030, reveals key update on nuclear plans
Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030. The company will expand its solar manufacturing capacity by adding a new 10 GW project. Tata Power is also open to entering the nuclear power segment with small modular reactors. It plans to expand distribution footprints in states proposing privatization. The energy network currently serves over 13.1 million distribution customers.
Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project
Serentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchable Renewable Energy project. Notably, it achieved the largest allocation in the competitive SECI auction. This innovative project ensures electricity provision during non-solar hours, effectively addressing peak demand while significantly cutting down annual carbon emissions, contributing positively to the environment.
Suzlon Share Price Extends Losing Streak, Dips 8% In Five Days — What's Dragging The Stock?
Experts say the 8% decline in Suzlon Energy's stock is being viewed as a pause after a rally, driven by concerns over project execution delays such as transmission bottlenecks, land acquisition issues, and regulatory approvals, rather than a change in its long-term growth.
Clean Max Enviro Energy Solutions commissions 530 MW renewable energy capacity in Q1 FY27
Total operational renewable energy portfolio now stands at 4.2 GW
Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan
Avaada Group, which includes Avaada Energy, is one of India's fastest-growing renewable energy developers with a portfolio spanning solar, wind and hybrid power projects.
Stocks to buy: Siemens Energy, Chola Fin, EID Parry; recommends Geojit
Technical stock picks: Anand James, Chief Market Strategist at Geojit Investments recommends 'Buy' on Siemens Energy India, EID Parry and Cholamandalam Investment on Tuesday.
Auto companies may soon get to trade BEE credits for easier fuel-efficiency compliance
The power ministry has introduced a new credit trading system aimed at Corporate Average Fuel Efficiency standards. Under this initiative, manufacturers can trade excess compliance credits and purchase them from the Bureau of Energy Efficiency. The framework includes credit and debit accounting, allowing manufacturers who surpass targets to earn credits, while those who don't accumulate debits.
El Nino Could Hit India's Energy System Hardest, CREA Report Warns
CREA warned heatwaves and weak monsoon could strain India's power grid during El Nino.
Indian Stock Markets Rise As Green Energy Stocks Deliver Mixed Performance On July 6 - SolarQuarter
Indian Stock Markets Rise As Green Energy Stocks Deliver Mixed Performance On July 6SolarQuarter
EL Nino to hit India's energy system harder than anywhere else in world: CREA report
India's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning. A CREA analysis predicts a potential 18 TWh generation gap, likely leading to a surge in coal-fired power and substantial CO2 emissions. The report stresses the urgency of accelerating solar and battery deployment to bolster grid resilience against extreme weather.
TPG acquires Aseem Infrastructure from NIIF with GIC, ICICI backing
Global private equity firm TPG is acquiring a full stake in Aseem Infrastructure Finance, a leading sustainable infrastructure debt financier. Partnering with Singapore's GIC and ICICI Bank, TPG's climate investing platform will take over the company, which has funded significant renewable energy and power transmission projects. Aseem Infrastructure, founded by NIIF, has disbursed over Rs 40,000 crore in loans, contributing to substantial greenhouse gas emission reductions.