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PEAK POWER DEMAND INDIA
Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...- July power consumption jumps 10.9% as humidity fuels AC use across IndiaIndia's power consumption rose 10.93 percent year-on-year in July. High humidity levels increased cooling appliance usage across the countr...
- Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spendingWood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...
- India's record renewable generation in July cuts coal's share in power mix to 1-year lowIndia's coal power generation fell to its lowest point in a year during July. Renewable energy sources reached a record high, contributing ...
- Pakistani rescuers find 4 bodies of the 10 climbers missing on Broad Peak after an avalancheRescuers found four bodies after an avalanche struck Broad Peak on Friday. They continue searching for six other climbers despite adverse w...
- Four bodies located after world-famous Nirmal Purja and 9 climbers go missing on Pakistani mountainFour climbers' bodies were found after a suspected avalanche on Broad Peak. Ten mountaineers, including Nirmal Purja, went missing during t...
- Who is Nirmal Purja? Netflix's '14 Peaks' mountaineer who climbed all 14 of the world's 8,000-metre peaks goes missing in PoK after Broad Peak avalancheWho is Nirmal Purja: Nirmal Purja, the Nepal-born British mountaineer who climbed all 14 of the world's 8,000-metre peaks in 189 days and w...
- The ripple effect of El Nino runs from village fields to corporate boardroomsA deficient monsoon warning flags many districts at risk across India. Reduced agricultural yields will increase food inflation and rural i...
- India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGCIndia's gold demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty per...
- Global chip rout: How should investors play India's AI trade that gave up to 400% returns this year?Global AI stocks face a sharp selloff, impacting Indian investor strategies. Indian markets focus on infrastructure like data centers and p...
- India wasted 11% of solar power during record summer demand this yearIndia's national grid wasted significant solar power during summer months. This occurred as electricity demand reached record highs due to ...
- SpaceX trades 20% below IPO price, $1.2 trillion in market cap erasedSpaceX shares have dropped twenty percent since their debut last month. Investors are avoiding riskier technology firms and AI ecosystem co...
- NTPC to set aside Rs 16,70,000 crore for capex over next 11 years; focuses on nuclear power, renewables and battery storage, eyes 250 GW capacity by 2037NTPC is setting ambitious goals with a proposed investment of ₹16.68 lakh crore over the next eleven years. By 2037, the company aims to ne...
- Asia's thermal coal imports continue to rebound, except for IndiaAsia's thermal coal imports are expected to rise for a third straight month in July, driven by stronger demand from China, Japan and South ...
- India needs 86 GW additional thermal power by FY36, 64 GW under works: GovtIndia requires 86,440 MW of new thermal power capacity by 2035-36. Over 63,000 MW of this capacity is currently under implementation. Trans...
- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- In 2006, a record-breaking heatwave pushed New England's power grid to its limit. A decision made years later is now saving people up to $149 million during extreme summer heatNew England's electricity grid faced challenges during a 2006 heatwave and investments in rooftop solar panels began around 2008 to 2010. T...
- As CJP ends agitation after govt pact, Congress hails 'youth power' but faces new challengerEducation Minister Dharmendra Pradhan resigned following a significant youth-led protest. The Cockroach Janta Party (CJP) directly negotiat...
- Coal remains backbone of India's power supply despite renewable push, govt tells ParliamentCoal plants supplied nearly seventy percent of India's electricity during summer months. These plants generated seventy-five percent of tot...
- India has adequate coal stocks to meet thermal power demand, with 42.8 MT available: Power MinistryIndia has sufficient coal stocks to meet electricity demand, with 42.8 million tonnes available at thermal power plants as of July 12, enou...
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