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NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demandThe deal, one of the largest in the U.S. power industry, adds to a wave of consolidation as the rapid data-center buildout lifts power dema...- Dominion energy stock rises highest in over 3 years, Nextera energy stock crashes. Here's whyNextEra Energy is buying Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world's largest regulated ...
- Oracle appoints Hilary Maxson as CFOMaxson joins when demand for AI computing, cloud databases is outpacing available capacity, pushing the company to accelerate investments...
- Wall Street rises as Fed minutes put rate cuts in focus, Nvidia hits $4 trillion milestoneWall Street witnessed a surge, propelled by tech giant Nvidia's brief $4 trillion valuation and optimism surrounding potential Federal Rese...
- NPCI takes note of forced multiple withdrawals at white-labels, AePSThe National Payments Corp of India (NPCI) has ordered operators of white-label ATMs and bank agents facilitating Aadhaar-based payments to...
- Richard Branson's Virgin Orbit to list through SPAC merger at $3.2 billion valuationThe deal with NextGen Acquisition Corp. II also includes a private investment in public equity (PIPE) of $100 million, from parties such as...
- Google, 23 others urge round-the-clock clean energy for federal facilitiesA goal of using only carbon-free electricity at all hours of the day would be a major step beyond the 100% clean energy commitments that ha...
- Facial recognition, iris scans may be used for welfare scheme payoutsThe current mode of biometric authentication used for vetting credentials in the AePS system — fingerprint scanning — is not in line with d...
- Adani Power to acquire 49% stake in Odisha Power for Rs 1,019 croreThe OPGC operates 1,740 MW thermal power plant at Banharpalli in Jharsuguda district, Odisha.
- AES sees $50 billion opportunity in Indian energy storage“We think India is going to be a big market for energy storage,” CEO of AES Andres Gluski said.
- Tata Power, India Power Corp bid for Odisha discomTata Power declined to comment on the issue, while there was no response to a query sent by ET to India Power Corp till press-time.
- PM Modi best PM in the most complex nation, tweets Rupert Murdoch after media meetMaking his pitch for smoother IPR regime, PM said India not just valued intellectual property but also was doing everything to protect it, ...
- Coal Ministry slaps notices on 14 firms for delays in mine developmentThe government had formed the IMG last year to review the progress of coal blocks allocated to firms for captive use and recommend action.
- OPGC awards Rs 1,573-crore contract to BGR Energy SystemsThe order is for OPGC's 2X660 MW thermal power plant with third and fourth units. The project includes development of a captive coal mine a...
- Adani to raise funds from foreign banks to replace APT loanAdani Enterprises(AE) is close to finalising a long-term project loan to the tune of around AUD 1.4 billion from a consortium of banks over...
- NHPC Ltd to partner Africa's Dangote Industries for Nigeria buysNHPC Ltd will partner West Africa's leading conglomerate Dangote Industries to acquire power generation assets in Nigeria.
- US power co AES lines up $15-bn capex planAmerican power major AES Corp plans to list its local subsidiary in India in the next three to four years and raise debt from the local mar...
- Hitachi appeals EU price-fixing fineJapanese electronics giants Hitachi Ltd said today that it had appealed a huge fine issued by the European Commission over alleged price-fi...
- 6 foreign cos bid for AP power projectJapan's Sumitom and Thai YTL Corp are among 6 foreign bidders for 4,000-MW AP mega power project.
- Lanco wins bid for power projHyderabad-based Lanco Group is all set to execute the 1,000 MW Anpara 'C' power project in Uttar Pradesh.
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