The focus on green energy is extremely laudable and India is on its way to achieving its 100 GW of solar energy by 2022. Other developments in the recent past have also been very encouraging. T
Once-bitten-twice-shy JSW Steel has decided to bid for all the distressed large steel and downstream companies in future with the focus on evaluating their worthiness at the final stage.
The Ministry of New and Renewable Energy has prepared a draft of the Indian Wind Turbine Certification Scheme (IWTCS). This scheme had been prepared in consultation with the National Institute of Wind Energy Chennai.
India’s ongoing mission to substantially increase renewables in its energy mix poses some pertinent challenges, such as the daily intermittence and seasonal variability of renewable power on grid stability.
Tamil Nadu Electricity Minister P Thangamani has said that more than 6,000 MW of thermal projects are expected to go on stream from 2020-21.
Hindalco Industries, an Aditya Birla Group company, expects surging imports and rising coal prices to remain the major concern in the coming days even as domestic demand continues to be robust.
Coal Minister Piyush Goyal is not content with Coal India Ltd’s (CIL) robust 10 per cent production growth till October. He wants more to meet the demand.
The merger and acquisition activity in the renewable energy space has remained sluggish in the last 12 months, with major players counting on enough capacity available to bid for new projects, India Ratings (Ind-Ra) said in its latest report on the power sector.
Shares of GAIL (India) Ltd rose as much as 2.69 per cent to Rs 382, their highest since October 3 The state-run gas utility on Monday reported a 50 per cent jump in Q2 profit at Rs 1,963 crore.
India and Iran have put systems in place to continue their trade in crude oil, with India winning a temporary waiver from the United States after Washington re-imposed sanctions on the Persian Gulf nation over its disputed nuclear programme.