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POWER DEMAND
India steps up coal supplies to power plants amid rising demand and falling stocksIn response to escalating energy demands, the government is augmenting coal supplies from both captive mines and Coal India subsidiaries. T...- Kumar Mangalam Birla sees room to build a ‘new large challenger’ in India’s Rs 90,000-crore wires and cables market with new ‘Ultravolt’Aditya Birla Group has launched its Ultravolt wires and cables business with a significant investment. The company aims to become a top two...
- Nominal GDP growth set to surge to 12%. Why the stock market may still struggle to rallyIndia’s nominal GDP growth could accelerate to 11.5%-12% in FY27, supporting stronger corporate earnings. However, elevated valuations, ris...
- Blackouts and bigger bills: Pakistan's energy dilemma deepens as Middle East war hurts supplyPakistan’s energy crisis is worsening as disrupted LNG supplies and soaring spot prices force Islamabad to choose between expensive fuel an...
- AI boom is testing tech firms' climate pledgesTechnology companies are stepping up their climate commitments but not fast enough to counter rapidly inflating energy needs linked to the ...
- Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growthBerkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial...
- Dell again lifts annual forecasts as AI demand powers record resultsDell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlie...
- Global Market: Data centre boom fuels demand for power, cooling equipment suppliersThe global AI data centre boom is creating fresh opportunities for power and cooling equipment suppliers as developers race to overcome inf...
- India could be a big winner in AI data centre boom, but power demand may be the catchIndia is set to gain significantly from the global AI data centre expansion. Demand for local cloud infrastructure and sovereign AI is driv...
- Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boomYotta Data Services is gearing up for an initial public offering scheduled for early 2027, aiming to secure as much as $1.5 billion to sett...
- Not just Nvidia: These power and cooling firms are riding the trillion-dollar data centre boomGlobal data centre construction is accelerating to meet AI demand, and power and cooling equipment suppliers are seeing significant order i...
- Not just Nvidia: these power and cooling firms are riding the trillion-dollar data centre boomMcKinsey forecasts nearly $7 trillion in data-centre investment globally by 2030; Nvidia last week said it expects AI spending to remain ro...
- India’s power needs are surging. So why is solar going to waste?India struggles to use all its clean power despite high demand. Renewable energy providers curtail output as the grid cannot handle excess ...
- Fervo signs 396-MW geothermal power supply deal with Google; shares jumpThe agreement gives Google an option to increase its power purchases by about 600 MW, bringing total potential capacity under the arrangem...
- Anthropic signs $35 billion cloud deal with Nvidia-backed LambdaAnthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, for a Texas data centre. The ...
- India's installed power capacity projected to surpass 2,000 GW by 2047India's power capacity is projected to surpass 2,000 gigawatts by 2047, with solar significantly leading this clean energy expansion, reach...
- India's power consumption rises nearly 13% to 169 billion units in AugustIndia's power consumption rose 12.85 percent in August, reaching 169.01 billion units. High humidity levels increased cooling appliance usa...
- Global Market: AI hardware demand powers Asia’s manufacturing growth in AugustAI hardware demand helped sustain manufacturing growth across several Asian economies in August, with China, Japan and South Korea recordin...
- America’s power grid can’t keep up with AI: Why hundreds of data center projects are freezingPlanned United States data center developments face significant delays and cancellations. Aging electrical grids and supply chain issues ar...
- 45 Indian coal power plants have critical low fuel, government data showsForty-five Indian power plants operate with critically low coal inventories now. Monsoon rains disrupt supplies and electricity demand rise...
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