Market News

Stay updated with the latest market trends, earnings, and economic indicators.

Showing news for:SERVOTECHChemicals
Clear all filters
Nearly one-third of record peak demand of 256 GW met through renewable energy: Pralhad Joshi
positive
ET Markets - Industry 73d ago

Nearly one-third of record peak demand of 256 GW met through renewable energy: Pralhad Joshi

India successfully met its record peak power demand of over 256 GW on April 25, 2026. Renewable energy sources like solar, wind, and hydro contributed significantly. This achievement demonstrates India's capability in handling peak power demand with clean energy. The government is investing in grid modernization and increasing generation capacity to boost renewable energy's share in the power mix.

CLEANCLEANMAXDPELENERGYGKENERGYGVPILIREDAKPELPOWERGRIDSERVOTECHSOLARINDSSWSOLARTECILCHEMCapital GoodsChemicals
Karnataka court pauses stringent power grid penalties for renewable firms
negative
CNBC TV18 - Markets 74d ago

Karnataka court pauses stringent power grid penalties for renewable firms

Karnataka court halts new CERC penalty rules for solar and wind deviations after industry challenge, old mechanism stays until next hearing, government to respond by June 10

GVPILPOWERGRIDSERVOTECHSOLARINDSCapital GoodsChemicals
CESC to procure 600 MW wind-solar hybrid power under 25-year agreements
positive
CNBC TV18 - Markets 86d ago

CESC to procure 600 MW wind-solar hybrid power under 25-year agreements

CESC Ltd has signed 25-year PPAs with 4 entities for 600 MW wind solar hybrid power at tariffs near ₹3.75 per kWh, boosting renewable capacity through competitive bids. Shares of CESC Ltd ended higher on Thursday, April 16, by 4.36% at ₹170.48 on the NSE.

CESCGVPILSERVOTECHSOLARINDSCapital GoodsChemicals
CleanMax, Sangam India partner for hybrid renewable energy supply in Rajasthan
positive
ET Markets - Industry 87d ago

CleanMax, Sangam India partner for hybrid renewable energy supply in Rajasthan

CleanMax Enviro Energy Solutions and Sangam India have joined forces. This partnership aims to reduce carbon emissions for Sangam India's operations in Rajasthan. A hybrid renewable energy supply agreement has been signed. It will provide solar and wind power, supported by battery storage. This will power five Sangam facilities across Rajasthan.

CLEANMAXDPELENERGYENVIROGKENERGYGVPILIREDAKPELSANGAMINDSERVOTECHSOLARINDSSWSOLARCapital GoodsChemicals
GAIL to invest ₹3,295 crore in 600 MW UP solar project with battery storage system
neutral
CNBC TV18 - Markets 89d ago

GAIL to invest ₹3,295 crore in 600 MW UP solar project with battery storage system

GAIL will invest ₹3,295 crore to set up a 600 MW solar project in Uttar Pradesh, significantly expanding its renewable portfolio. Shares of GAIL (India) Ltd ended marginally lower on Monday, April 13, by 0.24% at ₹153.71 on the NSE.

GAILSERVOTECHSOLARINDSCapital GoodsChemicals
Cabinet approves Rs 2,585 crore Small Hydro Power Development Scheme
positive
ET Markets - Industry 115d ago

Cabinet approves Rs 2,585 crore Small Hydro Power Development Scheme

The Union Cabinet has approved a Rs 2,585 crore scheme to boost small hydro power development. This initiative aims to add 1,500 MW of renewable capacity by 2030-31. Projects will be run-of-river, avoiding dams and displacement. The scheme is expected to attract Rs 15,000 crore in investment, creating clean energy and boosting the nation's renewable capacity.

BFINVESTCLEANCLEANMAXDPELENERGYENERGYDEVGKENERGYGVPILIREDAKPELPOWERMECHRPPINFRASERVOTECHSWSOLARTECILCHEMCapital GoodsChemicals
DCM Shriram okays ₹217-cr investment in Gujarat's Bharuch renewable power project
positive
CNBC TV18 - Markets 121d ago

DCM Shriram okays ₹217-cr investment in Gujarat's Bharuch renewable power project

The investment will enable the company to obtain around 48 MW of additional renewable power supply for the Bharuch plant, including about 30 MW of round-the-clock power at a 75% capacity utilisation factor. Shares of DCM Shriram Ltd ended at ₹1,018, up by ₹28, or 2.83%, on the BSE today, March 12.

BFINVESTBSEDCMDCMSHRIRAMDCMSILDCMSRINDDSFCLGIPCLGROWWPOWERGVPILPIGLSERVOTECHCapital GoodsChemicals
NTPC Renewable Energy begins power supply from 270-MW unit of Gujarat solar project
positive
ET Markets - Industry 123d ago

NTPC Renewable Energy begins power supply from 270-MW unit of Gujarat solar project

NTPC Renewable Energy, a proud member of the NTPC Green Energy family, has officially commenced power generation from a robust 270-megawatt unit. This unit is a vital piece of a larger 1,200-megawatt solar venture flourishing in Gujarat.

ADANIGREENAGNIDPELENERGYGIPCLGKENERGYGREENPOWERGVPILINOXGREENIREDAKPELKPIGREENNTPCNTPCGREENPIGLSAATVIKGLSERVOTECHSOLARINDSSWSOLARVITALCapital GoodsChemicals
NEWS
positive
Business Standard - Markets 124d ago

Oriana Power gains on bagging EPC contract worth Rs 1,181 crore

Oriana Power jumped 5.52% to Rs 1,894.40 after the company secured an EPC contract worth Rs 1,180.53 crore from a renewable energy developer for a solar power project at the Maithon Dam Reservoir of Damodar Valley Corporation (DVC) in Jharkhand.

DAMODARINDDPELENERGYGKENERGYGVPILIREDAKPELORIANASERVOTECHSOLARINDSSWSOLARCapital GoodsChemicals
ET Graphics: Green energy growth enters fast lane
positive
ET Markets - Industry 130d ago

ET Graphics: Green energy growth enters fast lane

India's renewable energy surge, driven by solar power, is accelerating towards its 500 GW goal by 2030. With approximately 35 GW of solar capacity added this fiscal year, the nation is witnessing rapid expansion, robust grid planning, and manufacturing advancements. This growth is crucial for meeting rising energy demand and decarbonisation targets.

ADANIGREENAGNIDPELENERGYGKENERGYGREENPOWERGVPILINOXGREENIREDAKPELKPIGREENMOGSECNTPCGREENPOWERGRIDSAATVIKGLSERVOTECHSOLARINDSSWSOLARCapital GoodsChemicals
GAIL to invest Rs 1,736 crore in wind power project in Maharashtra
positive
ET Markets - Industry 133d ago

GAIL to invest Rs 1,736 crore in wind power project in Maharashtra

State-run GAIL (India) Ltd has approved an investment of Rs 1,736.25 crore to set up a 178.2 MW wind power project in Maharashtra, expanding its renewable portfolio as it targets net zero carbon emissions by 2035. The project will add to its existing wind and solar capacity. GAIL aims to raise renewable capacity to 3.4 GW by 2035 and is also investing in green hydrogen and compressed biogas.

AGNIBFINVESTGAILGREENPOWERGVPILHIGREENSERVOTECHSOLARINDSCapital GoodsChemicals
KPI Green Energy completes 92.4-MW wind power project in Gujarat
neutral
ET Markets - Industry 141d ago

KPI Green Energy completes 92.4-MW wind power project in Gujarat

KPI Green Energy has successfully completed a significant 92.4 megawatt wind power project in Gujarat. This project, developed for Ayana Renewable Power Four, features 28 wind turbine generators. The company has finished all necessary work, including substations and transmission lines. This achievement underscores KPI Green Energy's capability in executing large renewable energy projects and boosts India's clean energy capacity.

ADANIGREENAGNIALLETECCLEANDPELENERGYGIPCLGKENERGYGREENPOWERGVPILINOXGREENIREDAKPELKPIGREENNTPCGREENPIGLPOWERMECHRPPINFRASAATVIKGLSERVOTECHSWSOLARCapital GoodsChemicals