Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
India’s heat exposes a fragile grid as energy crunch deepensIndia is bracing for an intense summer with heat waves set to persist. Power grids are under immense pressure due to rising demand and ener...
India in the hot seat as blackout risks rise with temperatureAs the summer heatwave intensifies, India is preparing for relentless heat well past June. Power networks are under immense strain due to i...
Iran war to supercharge Asia's move from fossil fuels to electronsThe U.S. and Israeli conflict with Iran is accelerating Asia's shift to electrification, particularly electric vehicles and battery storage...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
Bangladesh sweats as Mideast fuel shortages force power cutsBangladesh is grappling with intense heat and frequent power outages. Soaring electricity demand is overwhelming limited generation capacit...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
West Asia crisis: Govt considering customs duty cut on critical induction cooktop componentsIn a bid to enhance accessibility to induction cooktops, the government is contemplating a reduction in import duties on components. Additi...
DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
Crude cargo traffic likely to get caught up in war logjam againA US naval blockade of Iranian ports, following failed ceasefire talks, has increased uncertainty over energy cargo movements and the risk ...
India defers power plant maintenance to add 10 GW capacity for summer peak demandIndia is boosting electricity supply for summer. Maintenance shutdowns at thermal power plants are postponed. This adds 10,000 MW of power....
Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
Essar may set up 200 LNG stationsEssar also plans to manufacture green ammonia in India, with an aim to export it to the UK where it can be used in its refinery. The group ...
Gazprom's gas supply cut hits govt plan for 1,000 LNG stationsThe government had, in November 2020, announced plans to set up 50 LNG fuelling stations along the national highways, and the Golden Quadri...
India aims to reduce diesel use with Rs 10,000 crore LNG retail pushIndian Oil, Hindustan Petroleum, Bharat Petroleum, GAIL and Petronet LNG will together build the 50 LNG stations in the first phase across ...
Companies don't need city gas license to start LNG station, says regulatorThis helps resolve long standing regulatory confusion over LNG stations and would help many companies such as Shell or Petronet LNG, which ...