India's reputation at stake ahead of G20 summit; PM Modi must come clean on Adani issue: Rahul Gandhi

He claimed the ruling party is in "panic" on the Adani issue and that is why a special session of Parliament has been convened from September 18.

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India's reputation at stake ahead of G20 summit; PM Modi must come clean on Adani issue: Rahul Gandhi

He claimed the ruling party is in "panic" on the Adani issue and that is why a special session of Parliament has been convened from September 18.

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G20's contradictory stance on fossil fuel subsidies and the need for renewable energy investment

Despite global advocacy for renewable energy, G20 nations' increased investments in fossil fuels present a paradox. The G20's upcoming meeting in Delhi, against the backdrop of these findings, is set to be a focal point for global climate discussions.

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ONGC commits Rs 2 Lakh crore for carbon neutrality

The company has already entered into an MoU for a 5 GW solar plant in Rajasthan and is actively scouting for projects of a similar magnitude.

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Rs 200 LPG price cut on oil companies, government unlikely to give subsidy

This resulted in the price of a 14.2-kg LPG cylinder in the national capital coming down to Rs 903 from Rs 1,103 earlier. For Ujjwala beneficiaries, the price will be Rs 703 after considering the continuing Rs 200 per cylinder subsidy.

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Gas prices cut under Congress pressure: DK Shivakumar

​​Hours before Congress leader Rahul Gandhi rolled out the Gruha Lakshmi scheme involving a monthly payout of₹2,000 per woman head of a family, Shivakumar, said the monthly transfer of cash under the Gruha Lakshmi scheme included ₹500 to soften the blow due to the increase in prices of LPG cylinders.

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RIL AGM: Mukesh Ambani to build wind power equipment factory with partners

“With climate crisis looming large, the world is going through a multi-decade era of transformation from fossil fuels to green energy,” he said. “This provides strong tailwinds to our new materials and new energy businesses.”

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Renewable energy capacity addition set to rise 33 per cent per annum over current, next fiscals: CRISIL

This bodes well for the economy, given the high multiplier effect of road development and the critical role renewable energy can play in achieving India’s energy transition

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Renewable energy capacity addition set to rise 33 per cent per annum over current, next fiscals: CRISIL

This bodes well for the economy, given the high multiplier effect of road development and the critical role renewable energy can play in achieving India’s energy transition

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SJVN gets letters of award to build 3 solar projects totalling 320 MW in Assam

"The SJVN has received separate Letter of Awards (LoA) for executing three solar projects of 320 MW of cumulative capacity from Assam Power Development Corporation Ltd (APDCL)," a company statement said.

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ONGC to invest Rs 2 lakh cr in energy transition projects

The firm will invest Rs 1 lakh crore by 2030 in setting up 10 gigawatts of renewable energy capacity, green ammonia plant, and offshore wind energy projects, he told reporters here.

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We urge financial institutions to dedicate 40 per cent of loans to boost hydropower sector: CISO, Power Ministry

He said that the upcoming policy will be supportive of hydro players, with Central Public Sector Units playing a significant role

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Coal transition in India won't lead to job losses if systems designed correctly: ISA DG Ajay Mathur

Addressing concerns about loss of jobs as India moves away from coal, Mathur, who has also been a member of the Indian Prime Minister's Council on Climate Change, said the renewable sector holds promise for employment generation, particularly at the user level.

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The business case for ESG

Today, it is imperative that an ESG framework forms the foundational pillar for an organization as it caters to both the balance sheet and the wider environment

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Solar capacity addition in India declines 58% to 1.7 GW in Apr-Jun: Mercom India

"India added 1.7 GW solar capacity in Q2 of 2023. (New) installations dropped more than 10 per cent quarter-on-quarter (q-o-q) compared to 1.9 GW in the January-March period," it said.

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Transparent thin-film solar cell developed with flexible substrate and various colours

This solar cell exhibits various reflective colours and does not significantly lower the efficiency of solar cells. Under the direction of the Ministry of Science and ICT, KIMS is a government-funded research facility.

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Govt rolls out mandatory quality norms for solar cables, cast iron products

Items under Solar DC Cable and Fire Survival Cable (Quality Control) Order, 2023; and Cast Iron Products (Quality Control) Order, 2023 cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark.

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'Sebi probe faults Adani group on disclosure rules'

The Securities and Exchange Board of India (Sebi) launched the inquiry after US-based Hindenburg Research raised governance concerns around the Gautam Adani-led group, shaving more than $100 billion from the market value of its companies.

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'Sebi probe faults Adani group on disclosure rules'

The Securities and Exchange Board of India (Sebi) launched the inquiry after US-based Hindenburg Research raised governance concerns around the Gautam Adani-led group, shaving more than $100 billion from the market value of its companies.

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Meet Anant Ambani who is driving RIL's expansion in green energy business

A graduate of Brown University in the US, he's driving RIL's expansion in the energy and materials businesses and its global operations in renewable and green energy, as per the company.

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Tata Power charging targets six-fold jump in EV public chargers

The service provider is encouraged by the sharp month-on-month jump in the number of registered users on its mobile application amid a fast adoption to EVs, said a company executive.

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EXPLAINER: India’s Green Hydrogen Standard

Issued by the MNRE, the Green Hydrogen Standard have defined what encompasses ‘green’ in green hydrogen

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Vedanta wins arbitration against govt in USD 1.1 bn cost disallowance case

The government has sought additional profit petroleum (or its share from the oil and gas fields) after it reallocated certain costs between the fields in the block and disallowed a portion of the cost incurred on laying a pipeline to evacuate oil produced from the Rajasthan block.

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India, South Africa have highest share of population below "economic empowerment" line among G20 nations: Report

Globally, about 4.7 billion people (60 percent of the global population) are not yet economically empowered. Of these, 3 billion live in the G20 economies. The gaps are most pervasive in India and South Africa.

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How the Saudi Business Community is Shaping Global Business Collaboration

Eng. Abdulrahman Al-Fageeh is B20 Leader, Kingdom of Saudi Arabia and CEO, SABIC Brand Connect Initiative

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No proposal to cut import duty on electric vehicles, says Sitharaman

"There is no such proposal before me to lower import duty on electric vehicles," Sitharaman was quoted as saying while speaking to reporters on the sidelines of the B20 summit.

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IndiGrid completes acquisition of Virescent Renewable Energy Trust

"India Grid Trust (IndiGrid) has completed the acquisition of 100 per cent units of Virescent Renewable Energy Trust on August 25," it said in a BSE filing.

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JREDA to instal 2.5k solar water pumps in fringe areas of state

The Union ministry of new and renewable energy said Jharkhand was sanctioned 36,717 solar-powered water pumps for agricultural purposes as on July 31. Out of them, 12,976 water pumps were installed till July end, a little over 35% of the target.

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Adani Group's cash balance at all-time high of Rs 42,000 cr in Q1

The company's net debt to operating profit ratio has fallen below three for the first time in a decade, on a run-rate basis, the company said in a statement on Thursday.

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India, US close to resolving sole WTO row

An official said the two countries have resolved six out of seven trade disputes and efforts are now on to resolve the seventh also.

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Anonymous alumnus donates $18.6 million to IIT Bombay for green energy research

The institute did not reveal the name of the alumnus but said in a statement, “This landmark contribution will redefine the Institute’s role in addressing the global climate crisis.”

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FM Nirmala Sitharaman launches HSBC India’s Green Hydrogen partnerships

The two partnerships, with total grant support of Rs 15 crore (USD 2 mn), will focus on innovation projects that will help prioritize green hydrogen as a strategic alternate fuel.

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Rajasthan: Govt to push decentralised solar projects as transmission infra lags

In a bid to overcome the challenges, the energy department is pushing the decentralised generation of solar power at the grid sub-station (GSS) level as it would help generate and consume power at the same location putting much less stress on the grid, and transmission network.

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PNGRB re-evaluating performance bank guarantee rule

The current rule allows the downstream regulator to reduce the performance bank guarantees (PBG) required of city gas licensees to 40 per cent of the initial amount after they have completed their minimum work programme (MWP).

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Andhra Pradesh CM lays foundation for three renewable energy projects worth over Rs 25,000 crore

"We are taking every step to put Andhra Pradesh at the forefront of green energy. Today, we are generating 9,000 MW of power from solar and wind sources," said Reddy at his camp office while laying the foundations.

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Green Hydrogen standards: A call for holistic environmental accountability

While the publication of the standard marks a significant step towards greener energy, a critical examination of its provisions and implications reveals areas of concern that warrant careful consideration and revision.

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India to soon become USD 5 trillion economy, says PM Modi at BRICS Summit

While mentioning about the strides made by India on the digital payments front, Modi said there are many possibilities for using the Unified Payments Interface (UPI) for BRICS.

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Centre weighing 1-year extension for auto PLI

The five-year plan, which became operational from April 2022, may now be extended until March 2028 from the original deadline of March 2027, sources said.

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1,300 govt buildings in Patna to get solar panels soon

These selected buildings have been divided into two categories as per the consumption. Out of the 1,300 buildings, rooftop solar panels above 40 Kilowatt (kW) load will be installed at 300 buildings.

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Power demand hits record highs in August, with 234 GW peak

The maximum demand met on August 17 was 234 GW, the highest ever on record. Demand was higher than 229 GW predicted by the planning cell of the power ministry for the summer.

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Adani hikes stake in flagship firm Adani Enterprises Ltd

Promoter group firm Kempas Trade and Investment Ltd, which had a minimal stake in the firm, acquired 2.22 per cent in the open market between August 7 and August 18, it said.

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Adani hikes stake in flagship firm Adani Enterprises Ltd

Promoter group firm Kempas Trade and Investment Ltd, which had a minimal stake in the firm, acquired 2.22 per cent in the open market between August 7 and August 18, it said.

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New US tariffs to hurt solar exports from Southeast Asia

Many US developers have started looking at changing supply chains to mitigate disruption and had expected the outcome.

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India’s quest for critical minerals

Aresenic, Germanium, Gallium, Indium, and Tellurium are the critical minerals marked for solar PV manufacturing, out of these, China has highest reserves for gallium and tellurium

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Trials for Coal India's in-house e-auction platform successful: Officials

The mining major has entrusted its wholly owned subsidiary Central Mine Planning & Design Institute (CMPDI) to rollout the in-house e-auction system, with technical assistance from the National Informatics Centre.

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Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city

"We hope to begin the work on the project from this October. The Thane line will begin after the first line and will be commissioned in 2027," a senior company official, who did not want to be quoted, told PTI.

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IOC begins digitalisation drive to optimise operations, management

“What we have begun doing is to use the immense data available to us to drive our decisions,” Manish Grover, executive director (strategic information systems), Indian Oil Corporation, told ET.

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Adani Group companies' net profit surges 70%

Strong operational performance helped boost the group's net profit, although overall sales saw a decline during the quarter. The comparative performance excludes the group's cement entities acquired after the first quarter of FY23.

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India’s quest for critical minerals

Aresenic, Germanium, Gallium, Indium, and Tellurium are the critical minerals marked for solar PV manufacturing, out of these, China has highest reserves for gallium and tellurium

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NTPC starts trial run of hydrogen bus in Leh

The first hydrogen bus reached Leh on August 17 as part of a three-month-long process of field trials, roadworthiness tests and other statutory procedures.

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Adani Group market cap jumps to 3-month high; adds Rs 45,200 cr on Friday

The overall market capitalisation of the 10 Adani Group companies shot up to Rs 10.96 lakh crore on Friday, stock exchange data showed. The market capitalisation stood at Rs 10.51 lakh crore at close on Thursday.

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Modi govt may soon decide on cutting petrol tax among other steps to quell inflation before vote

Prime Minister Narendra Modi will take a decision in the coming weeks, which could include lowering taxes on local gasoline sales and easing import tariffs on cooking oil and wheat, the people said, asking not to be identified as the discussions are private.

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Sonari airport operations powered through solar energy with commissioning of 2.0 MWp

​​The project commissioned on Monday has been commissioned by Tata Power under an agreement with Tata Steel for the installation of a total of 41 MW with a combination of rooftop, floating and ground-mounted solar panels across its locations.

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$27 billion investment required to mobilise global offshore wind supply chain: Report

Investment required by 2026 if sector is to meet forecasted 5-fold growth in annual installations by 2030, with greater sum of US$100 billion needed to hit global government targets by the end of the decade

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Petrol, diesel sales fall in Aug as rains ebb demand

Consumption of diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, fell 5.7 per cent to 2.67 million tonnes from August 1 to 15, compared to the year-ago period.

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India’s green ambitions - An assessment of recent policy decisions to curtail carbon emissions

Closing the gap on India’s environmental pledges pivots on the implementation of a structurally robust policy roadmap which promotes energy efficiency and curbs carbon emissions.

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Biden to explain Inflation Reduction Act on one-year anniversary

The wide-ranging law provides billions of dollars in tax credits to help consumers buy electric vehicles and companies produce renewable energy.

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NCLT approves Vedanta's bid to acquire Meenakshi Energy

The Anil Agarwal company offered ₹1,440 crore against admitted claims of ₹4,625 crore, equating to a 31% recovery, distributed among lenders, trade creditors and employees.

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Rajasthan CM approves packages for 7 projects to boost investment of Rs 24,681 crore

The chief minister said that there is immense potential of solar energy in the state and solar parks are being set up in the state.

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Siemens to make solar energy equipment for US market in Wisconsin

The announcement marks a move by one of the world's largest manufacturers to capitalize on incentives in President Joe Biden's year-old landmark climate change law to boost American-made supplies of solar energy components and compete with China.

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Global solar power grid to mitigate emission challenges: PM Modi

The idea for the One Sun One World One Grid (OSOWOG) initiative was put forth by Modi at the First Assembly of the International Solar Alliance (ISA) in October 2018.

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Adani Green Energy targets 45 GW of renewable energy by 2030

The target is to take this 20,434 MW (operational plus under execution projects) to 45,000 MW or 45 GW by 2030, they said, adding AGEL is looking to build roughly 3 GW of capacity to generate electricity from solar and wind energy every year.

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CSR spending goes greener; health gets highest dose as companies rejig focus

Spending on health stood at ₹9,987 crore in FY22, against ₹8,382 crore on education, according to an ET analysis of the latest segregated (provisional) data by the Ministry of Corporate Affairs (MCA).

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India's imports from Russia doubled to USD 20.45 billion in April-July period

From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict, Russia's share of India's oil imports rose to over 40 per cent.

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OPINION: India's energy transition has already started and is driven by technology

New technologies are emerging every day and will add to accelerate the production of clean energy and innovate fuels. We should not await the silver bullet but do it now.

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India makes first crude oil payment to UAE in Indian rupees

Indian Oil Corp made payment to Abu Dhabi National Oil Company (ADNOC), according to a statement issued by Indian embassy in UAE.

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Climate change merits urgent attention of scientists, policymakers worldwide: President Murmu

The comments from the President come at a time when 48 people lost their lives in Himachal Pradesh, seven of them buried under the rubble of a temple in Shimla as rains wreaked havoc in the state, triggering landslides that blocked key roads and brought down houses.

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Panaji to be powered fully by renewable energy: Pramod Sawant

Sawant, who was speaking at the workshop on development of Panaji Renewable Energy (RE) City, said that residential societies and commercial establishments need to come together to adopt renewable energy sources.

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Adani probe wraps up as India tightens disclosure for big firms

Sebi had sought more time to complete the probe, but the court — amid a slump in Adani shares following a damaging report published in January by US shortseller Hindenburg Research — imposed an Aug. 14 deadline.

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Deloitte sought independent external probe into Hindenburg allegations; Adani firm says reasons for resignation not convincing

In a 163-page filing with stock exchanges relating to Deloitte Haskins & Sells LLP's resignation, Adani Ports and Special Economic Zone (APSEZ) said that in meetings with its leadership, Deloitte indicated concern over a lack of a wider audit role as auditors of other listed Adani companies.

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NEEPCO and Arunachal Pradesh sign MoA to collaborate on 2620 MW hydro projects

These hydro projects are part of India's efforts to meet its Nationally Determined Contribution (NDC) target. The goal of the NDC target is to achieve 500 GW of non-fossil energy capacity by 2030.

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OVL seeks another 3-yr extension for Vietnamese oil block in South China Sea

Officials said the seventh extension to explore for oil and gas was till June 15, 2023 and the company is in talks with Vietnamese authorities for another three-year extension.

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Kochi hydrogen hub tender awarded to MEC Intelligence by GIZ

The tender was floated by GIZ for the development of a roadmap for a green hydrogen cluster in Kochi, Kerala

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Deloitte planning to resign from Adani Ports

Deloitte declined to comment. In May, Deloitte had flagged three transactions, including recoveries from a contractor identified in the Hindenburg report, as it issued a qualified opinion on the accounts of Adani Ports & Special Economic Zone.

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500-cr solar mission to help power-starved Meghalaya

“The people-centric CM Solar Mission will be a flagship Renewable Energy intervention committed to fostering green and clean energy transformation across the state,” Sangma said during the programme launch.

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India's Adani group units in talks to tap local bond market: sources

The plans are part of the Adani group's tentative return to the local bond markets after a hiatus since January when US short-seller Hindenberg Research raised governance concerns that led to a selloff in the group companies' stocks. The group has denied these allegations.

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Boosting EV adoption: Industry calls for innovative financing, government support

India sold around 115,756 units of electric vehicles in July, up 45 per cent over the sales in July 2022, and a 14 per cent rise over June 2023. Nearly 77 per cent of all vehicles in India are financed through banks and NBFCs. However, this percentage can differ across various segments.

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Norfund invests Rs 350 crore in Fourth Partner Energy

IFC to also pump in Rs 560 crore in the firm to finance solar park, rooftop solar projects

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India raises concerns over oil market volatility with producer countries

"Government has been taking up the issue, bilaterally, with crude oil producing countries, with OPEC and with heads of other international fora to convey India's serious concerns over crude oil price volatility," Puri said in a written reply submitted to parliament.

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SJVN signs pacts with ONGC, Sambhar Salts to set up solar projects, parks

"The MoU with ONGC will pave a way for joint development of renewable energy projects including offshore & onshore solar, wind, hybrid, round the clock (RTC) projects, venturing into new technologies such as green hydrogen, green ammonia etc," he said.

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Clean energy firm Mount Row eyeing $2 bn investment in India; Betting big on "waste"

The company -- which already manages a portfolio of around $1 billion worth of investment in assets -- is betting big on "biodigestion" technology and the huge potential for waste-to-energy conversion in India.

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India, Sri Lanka renew bid to link power grids

Work has started on updating a detailed project report for the connectivity either through overhead line or undersea cable in the sea portion of the connectivity, following a meeting on the proposal last month, said people familiar with the matter.

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LOHUM and Vecmocon collaborate on EV Battery Lifecycle Management

​​This collaboration will combine LOHUM's battery testing technology and Vecmocon’s battery intelligence and real-time data monitoring to improve battery safety, reliability, and longevity.

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Adani Ports & SEZ Q1 profit rises 80 pc to Rs 2,119.38 cr; company handles 100 MT cargo

The company's total income surged to Rs 6,631.23 crore in the quarter under review from Rs 5,526.19 crore in the year-ago quarter. Expenses declined to Rs 4,065.24 crore in the period from Rs 4,438.32 crore a year ago.

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Battery energy storage systems play pivotal role in renewable energy progress: Study

While these figures are indeed promising, the BESS landscape remains fragmented, necessitating a strategic approach by industry players to harness its full potential, says a recent analysis conducted by McKinsey & Company.

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Maruti to issue shares on preferential basis to parent SMC for 100 pc stake in Gujarat unit

Post such acquisition, Suzuki Motor Gujarat (SMG) will become a wholly-owned subsidiary of the company, Maruti Suzuki India (MSI) said in a regulatory filing.

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Hydreen, part of Luxembourg-based cruise liners firm, ties up $2 bn for India’s green hydrogen market

The company has already started on two projects in Himachal Pradesh and Kerala

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Wind 'Turbinegeddon' is a troubling climate omen

Siemens Energy AG’s woes stem chiefly from technical issues with a new generation of onshore wind turbines. Wind power is vital to cutting carbon emissions, and the industry has raced to launch bigger and more powerful machines.

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Wind 'Turbinegeddon' is a troubling climate omen

Siemens Energy AG’s woes stem chiefly from technical issues with a new generation of onshore wind turbines. Wind power is vital to cutting carbon emissions, and the industry has raced to launch bigger and more powerful machines.

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EV sales in local market will continue to increase, with or without subsidies: ACMA

Kapur informed with deeper focus on localisation of advanced technologies, vehicle electrification will continue to rise in the local market driven by cost economics.

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New Zealand is partnering with BlackRock in aim to reach 100% renewable electricity

The government said it was helping BlackRock launch a $1.2 billion fund to ramp up investments in wind and solar generation, as well as battery storage and green hydrogen. Some of the investment is expected to come from government-owned companies.

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IOC chairman Shrikant Madhav Vaidya gets one-year post-retirement extension

Vaidya, who took over as chairman of IOC on July 1, 2020, turned 60 on Monday and as per the rules was to superannuate from service at the end of the month. But now, he will continue for one more year as the head of India's largest oil company.

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Natural gas trading volumes at IGX jumped 20 per cent in July 2023

"A total of 65 trades were executed during the month. Maximum number of trades were executed in Daily and Weekly contracts, 20 each; followed by Monthly & Fortnightly contracts of 18 and 5 trades respectively," the company said in a statement.

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Waaree Energies raises Rs 1,000 crore in equity funding

According to the official press release, the funding will be utilised for another 6 GW of capacity expansion, in addition to the existing capacity of 12 GW

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Mukesh Ambani expects to list Jio Financial Services soon

“The new entity is expected to unlock value for shareholders and give them an opportunity to be a part of a new growth platform,” Reliance’s billionaire chairman Mukesh Ambani in his message to shareholders in the annual report for the financial year that ended Mar. 31.

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Goal is to provide affordable green hydrogen as alternative to traditional fuels; Jio Financial Services to offer simple solutions, says Mukesh Ambani

Reliance is among the largest global producers of grey hydrogen. The company has partnered with Denmark’s Stiesdal A/S to reduce costs and commercialise their Pressurised Alkaline Electrolyser technology.

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ONGC plans oil-to-chemical plants in pivot towards energy transition

Petrochemicals are chemical products derived from crude oil and are used in the manufacturing of detergents, fibres (polyester, nylon, acrylic etc.), polythene and other man-made plastics.

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Fuel prices cheaper in BJP-ruled states: Hardeep Singh Puri

He added the BJP has reduced value-added tax (VAT) on these two commodities in states where it is in power keeping people's interest in mind, unilke the opposition parties.

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UP government to bring new progress to renewable energy through ‘e-Auction’

Under the e-tendering process, tenders will be given to appropriate companies for setting up and operating all these facilities in all the solar cities of the state.

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NTPC seeks shareholders' nod to raise up to Rs 12,000 cr via bonds

The company has listed a special resolution in its annual general meeting to raise funds up to Rs 12,000 crore through the issue of bonds/debentures on a private placement basis in the domestic market for capex, working capital and general corporate purposes, according to a notice for the AGM.

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India insulated itself from rising fuel prices; enhancing refining capability: Oil Minister Hardeep Singh Puri

In an interaction with a group of reporters, he said India insulated itself from rising fuel prices and that the hike in prices of petrol and diesel in the country in the last two years has been marginal compared to several large economies and neighbouring nations.

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Centre may allow overseas trading of carbon credits with other countries

“Carbon credits that are transferred cannot be counted in a country’s NDCs. The good thing is India has achieved its first NDC’s nine years in advance…So I will have carbon credits to spare and it makes sense for them to be sold worldwide, making my products cheaper,” he told journalists in New Delhi.

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India's "developing country" narrative is past, we are now vying with the best: Power Minister R K Singh

He said India is modernizing at a very rapid pace and its rate of growth after Covid has been the highest in the world at 7.2 per cent.

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India's "developing country" narrative is past, we are now vying with the best: Power Minister R K Singh

He said India is modernizing at a very rapid pace and its rate of growth after Covid has been the highest in the world at 7.2 per cent.

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NMDC eyes production from domestic coal and gold mines: CMD

In addition to being India's largest iron ore producer, NMDC has been involved in exploration of copper, rock phosphate, limestone, magnesite, diamond, tungsten and beach sands. The entry into coal and gold is a diversification of the company's porfolio.

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PetroChina, other global oil companies keen to build reserves in India

India plans to build two commercial-cum-strategic oil storage facilities with a combined capacity of 6.5 million tonnes in a public-private partnership mode.

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SJVN inks pact with Sikkim Urja Ltd to trade 180 MW units

Sharma said the Central Electricity Regulatory Commission has granted Category-I power trading licence for interstate trading of electricity to the SJVN. The company is focusing on addressing seasonal and regional variance of demand and supply and fulfilling the power supply demand.

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Coal CPSEs to scale up renewable energy capacity to 7231 MW by 2027

On Tuesday, Union Coal and Mines Minister Pralhad Joshi said coal PSUs have made an investment plan of Rs 2.5 lakh crore for developing renewable energy (projects), installing clean coal technologies and new mine development projects.

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China's Belt and Road energy projects set for "greenest" year: research

Chinese President Xi Jinping launched the BRI in 2013 to harness China's strengths in financing and infrastructure construction and "build a broad community of shared interests" throughout Asia, Africa and Latin America.

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India considers allowing private firms to develop nuclear plants

The country is reviewing its six-decade-old atomic energy law to allow more involvement from non-state companies, federal atomic energy minister Jitendra Singh said Wednesday in a written reply to questions in parliament.

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ReNew gets Rs 2,700-cr project loan from SBI

Under the partnership for this project, ReNew has said it will invest around ₹313 crore ($38 million) for its 51% stake in the project and through affiliates, will provide EPC, O&M, and project management services for the project.

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Siemens Gamesa turbine woes to cost less than 2 bln euros: source

Analyst estimates that the repair or replacement of up to 1000 turbines would cost up to 1.5 billion-1.7 billion euros were plausible, the source said.

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Tata Power Renewable Energy signs PPAs with MSEDCL for 200 MW and 150 MW solar projects

The 200 MW and 150 MW solar installations are expected to be commissioned by mid 2025 and will generate a substantial amount of clean energy annually and reduce carbon dioxide (CO2) emissions by 4,28,800 tons and 3,11,200 tons annually, respectively.

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Berlin hails 'progress' in EU talks on hydrogen plants

Berlin, which aims to source the country's electricity almost entirely from renewable energy by 2035, sees hydrogen playing a key role in the shift away from fossil fuels.

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How India can unlock the potential of Green Hydrogen - A cost, technology and policy perspective

With the distinct advantage of having low-cost renewable, India has the unique opportunity to become a world leader in green hydrogen production and emerge as an export hub.

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Tesla's Chinese vendors may get to Make in India

Tesla has expressed interest in bringing its own supply chain ecosystem to India. "In-principle, if there is any critical parts vendor that needs to be brought, it can be considered. However, no tax incentive can be given to one company," said a person in the know.

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AIIMS Delhi inks pact with IREDA aimed at powering hospital campus by solar energy

Towards this, the IREDA will undertake a techno-commercial assessment of the All India Institute Of Medical Sciences (AIIMS) campus, an official statement said.

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RIL, Brookfield sign MoU to produce renewable energy, decarbonisation equipment

The MoU aims to both accelerate and de-risk Australia’s energy transition by enabling it to locally produce clean energy equipment such as PV modules, long duration battery storage and components for wind energy.

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