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INDIA ELECTRICITY GENERATION
Renewable energy could save India $240 billion in coal, gas imports by 2030: IEAThe savings are expected to increase as solar and wind power displace imported fossil fuels, with annual savings projected to reach around ...
India's farms offer 116 GW solar manufacturing opportunity: ISMAIndia's agricultural sector could create a demand for 116 GW of solar modules through the solarisation of irrigation pumps. The Pradhan Man...
Modi says 500 million people lifted out of extreme poverty in 10-12 years, cites World Bank reportPrime Minister Narendra Modi said India has lifted 500 million people out of extreme poverty over the past 10-12 years, citing a recent Wor...
Nitin Gadkari says new Toyota Innova to be launched on Nov 26, car's running cost to be just Rs 25 per literNitin Gadkari has announced that Toyota will launch a new bioethanol-powered Innova in India on November 26. The vehicle will run entirely ...
Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore supportThe Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative sup...
IREDA seeks global funding partnerships to lower borrowing costs for green projectsIREDA is aiming to collaborate with global banks and investors for long-term green financing initiatives. Renewable energy developers in In...
Essar Power to invest Rs 4,500 crore in 300 MW renewable energy project in Andhra PradeshEssar Power is planning a significant investment in a 300 MW Firm and Dispatchable Renewable Energy project. The project aims to combine so...
BHEL bags orders worth up to Rs 28,000 crore from Adani Power for four 1,600 MW projectsBharat Heavy Electricals Limited has received orders from Adani Power Limited for four power projects. Each project has a capacity of 2x800...
Indus Towers equips 50,000 sites with solar power; plans to double count by FY29Indus Towers has installed solar systems at 50,000 telecom sites, adding around 300 MW of capacity, and aims to double the number by FY29. ...
Forget solar and wind: India bets on heat buried deep underground for round-the-clock clean electricity; here's the big planIndia is stepping up efforts to tap its estimated 10.6 GW geothermal energy potential, with its first two geothermal wells commissioned in ...
Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
'Energy security directly linked to economic security': PM Modi highlights impact of global crisisPrime Minister Narendra Modi highlighted the importance of energy security linked to economic security during the global crisis. He stated ...
No free electricity for Bihar taxpayers? CM appeals to income-tax payers to surrender 125-unit benefit and support state's developmentBihar Chief Minister Samrat Choudhary has appealed to financially well-off residents and income-tax payers to voluntarily surrender their b...
Andhra Pradesh beats Tamil Nadu to win Rs 1,614 crore investment from three Hyundai, Kia suppliersThree South Korean automotive component manufacturers have committed to invest ₹1,614 crore in Anantapur, Andhra Pradesh. Hwashin, Seoyon, ...
Better forecasts save lives in cyclones, but India needs stronger defences and faster recoveryIndia experiences an average of five cyclones annually, with two becoming severe cyclonic storms. The Bay of Bengal generates more cyclones...
India's October coal-fired power output jumps most in 3 years as hydro generation slumpsIndia experienced a surge in coal-fired electricity generation of 25.7% in October compared to the previous year. The increase was attribut...
Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MDIndian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for p...
India's 500 GW RE target hinges on LDES scale-up; FY28 viability gap funding key enabler: IESA reportWith a target of 500 GW of renewable energy capacity by 2030, India recognizes the urgent need for long-duration energy storage solutions. ...
Power Grid asks cable and wire makers to scale up as transmission capex set to risePower Grid Corporation of India aims to exceed last year's capital expenditure of ₹40,000 crore for transmission projects. The chairman emp...
IIP growth eases to 4-month low in September as mining output contractsSeptember witnessed a decline in India's factory output growth, falling to 6.7%, the lowest rate observed in four months. The drop is large...