ET India Net Zero Forum 2025 : From railways to refineries; how India plans to hit the net zero target

India’s transition to a net-zero economy by 2070 is witnessing multisectoral traction with renewed targets, investments, and policy alignment across transport, energy, fertilisers, and infrastructure sectors, as highlighted at the ET India Net Zero Forum 2025.

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Energy transition: How coal mines could go solar

Disused coal mines could be refashioned to place vast fields of solar panels, a new report suggests, providing an unlikely solution to a common obstacle to uptake of the green energy source.

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NHPC CMD flags renewable unpredictability; 8,193 MW operational, 18,873 MW in pipeline to strengthen green transition

​Speaking at the ET India Net Zero Forum 2025, Chaudhary said, “NHPC has 8,193 MW of green capacity in operation, 9,843 MW under construction, and 9,030 MW in survey, including pumped storage projects across Andhra Pradesh, Maharashtra, Gujarat and more — marking a major push towards net zero.”

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PM Modi takes part in G7 Summit's outreach session on energy security

Kananaskis (Canada)Prime Minister Narendra Modi participated in the outreach session on energy security at the 51st G7 Summit here on Tuesday.

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ONGC deploying advanced tech to contain gas leak in Assam: Hardeep Puri

Union Minister Hardeep Puri is overseeing efforts to control a gas leak at ONGC's Rudrasagar field in Assam. High-tech methods are being deployed, with international experts consulted. Local residents have been evacuated and are receiving assistance. Assam CM Himanta Biswa Sarma assured support and interim relief.

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Living near coal plants? You may be inhaling 10 times more sulphur dioxide, says IIT Delhi study

The report reveals that cities located within 10 kilometres of thermal power plants recorded an annual average SO₂ concentration of 16.4 micrograms per cubic metre, sharply higher than the 1.5 micrograms recorded in cities beyond 25 kilometres.

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MNRE calls for proposals to boost reuse, recycling in solar, battery tech

As per the Ministry's notification, the challenge is open to R&D organisations, institutions, universities, and startups based in India. Proposals must be submitted online through MNRE's research portal.

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Centre plans 4 GW offshore wind energy tenders

The country is planning to launch offshore wind energy bids totalling 4 Gigawatt in Gujarat and Tamil Nadu, Union Minister for New and Renewable Energy Pralhad Joshi said.

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Delhi AQI improves to 140; CAQM lifts GRAP Stage-I restrictions across NCR

The Sub-Committee on GRAP of CAQM, which reviewed the air quality and meteorological forecasts from the Indian Meteorological Department (IMD) and the Indian Institute of Tropical Meteorology (IITM), unanimously decided to withdraw Stage-I measures.

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Centre plans 4 GW offshore wind energy tenders

The country is planning to launch offshore wind energy bids totalling 4 Gigawatt in Gujarat and Tamil Nadu, Union Minister for New and Renewable Energy Pralhad Joshi said.

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India's wind energy capacity rises to 51.5 GW: Union Minister Pralhad Joshi

India's wind energy capacity witnessed a rise of more than 10.5 per cent to 51.5 GW against 46.42 GW last year, Union Minister for New and Renewable Energy, Pralhad Joshi, said on Sunday.

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Oil jumps to $75.19/b after Israeli strikes on Iran, Israeli gas exports to Egypt and Jordan suspended

Israeli strikes on Iranian nuclear sites spark crude and gas price surge, raising fears of broader supply disruptions and heightened geopolitical risk in global energy markets.

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Nepal begins power export to Bangladesh via India

Nepal, India and Bangladesh had signed a trilateral agreement on October 3, 2024 to export electricity produced by Nepal to Bangladesh via the Indian transmission line.

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Israel-Iran tensions: India has adequate energy supplies, says Union minister Puri amid rising crude prices; citing energy strategy trilemma

Following the recent surge in global crude prices due to escalating tensions in the Middle East, Petroleum Minister Hardeep Singh Puri has assured that India possesses sufficient energy reserves for the upcoming months. He highlighted India's diversified energy sourcing strategy, ensuring affordability and sustainability.

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Oil up 8%, but India may not feel much pain

"It is in the interest of the US, Iran, and other West Asian producers to keep oil flowing without disruption," said a refinery executive, speaking on the condition of anonymity. "Producers in the region will not want their trade disrupted, and Trump will be wary of global supply shocks that could push up US pump prices."

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Torrent Power bags 300 MW wind project from SECI

The project, with a tariff of ₹3.97 per unit, is to be commissioned within 24 months from the date of execution of the power purchase agreement (PPA), with an estimated investment of about ₹2,650 crore.

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Solar can drive jobs, equity, climate goals — but investment still uneven

The Sixth Meeting of the ISA Regional Committee for Europe and the Others Region was held in Brussels with participation from 20 countries and partners to review solar energy progress and advance global collaborations under the International Solar Alliance (ISA).

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SEPC bags Rs 650 cr solar EPC project in Maharashtra

SEPC has secured a significant order worth Rupees 650 crore. The company will establish 133 MW of solar power capacity across Maharashtra. Parmeshi Urja Limited, Kolkata, awarded the EPC solar power projects.

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Rajasthan Government Begins RSRTC Overhaul with 1300 New Buses, Depot Upgrades, EV Push

Technology upgrades have also been rolled out across RSRTC’s operations. All new and existing buses are being fitted with panic buttons, GPS-based telematics, and CCTV cameras.

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India drafts solar waste rules as capacity crosses 100 GW, eyes 6 lakh tonne disposal by 2040

The draft guidelines titled “Safe Handling and Disposal of Solar Photovoltaic Modules, Panels, and Cells”, released on May 30, 2025, outline roles and responsibilities of manufacturers, bulk consumers, dismantlers, and recyclers under the existing E-Waste (Management) Rules, 2022.

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IREDA raises ₹2,005.90 crore via QIP; issue oversubscribed 1.34 times

The capital was mobilised by issuing 12.15 crore equity shares at a price of ₹165.14 per share, including a premium of ₹155.14 per share over the face value of ₹10.

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CAQM signs MoU with CRRI, SPA to redevelop roads in 9 NCR cities to cut dust pollution

The initiative, which covers nine highly urbanised and industrialised NCR cities—Delhi, Faridabad, Gurugram, Sonipat, Ghaziabad, Noida, Greater Noida, Bhiwadi and Neemrana—aims to reduce dust emissions through systematic redevelopment of roads including paving, greening and modern maintenance systems.

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Explainer: Why LNG is struggling to displace coal in India’s biggest sectors

The idea was simple: gas would help India move away from coal while renewables scaled up. But nearly a decade after this narrative took root, a new IEEFA report challenges its core assumptions.

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CAQM signs MoU with CRRI, SPA to redevelop roads in 9 NCR cities to cut dust pollution

The initiative, which covers nine highly urbanised and industrialised NCR cities—Delhi, Faridabad, Gurugram, Sonipat, Ghaziabad, Noida, Greater Noida, Bhiwadi and Neemrana—aims to reduce dust emissions through systematic redevelopment of roads including paving, greening and modern maintenance systems.

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Adani makes global Top 10 as solar shipments double — but profits vanish

The consultancy’s Global Solar PV Module Manufacturer Rankings report noted that the leading players faced declining revenues due to intense price competition and continued capital investment, despite increased shipment volumes.

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India sitting on 10,830 GW solar reserve—New study reveals massive untapped capacity

A new reassessment by The Energy and Resources Institute (TERI) has unveiled that India is sitting on a massive solar reservoir of 10,830 GW, nearly 15 times the country’s earlier estimated potential of 748 GW.

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India sitting on 10,830 GW solar reserve—New study reveals massive untapped capacity

A new reassessment by The Energy and Resources Institute (TERI) has unveiled that India is sitting on a massive solar reservoir of 10,830 GW, nearly 15 times the country’s earlier estimated potential of 748 GW.

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L&T bags order from JSW Energy for heavy civil infra business

The engineering major will execute the Bhavali Pumped Storage Project, designed to have a total installed capacity of 1500 MW, in Maharashtra.

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Solar surpasses nuclear for first time, contributes 10% of global power in April 2025

The data shows that solar power was the fourth-largest source of global electricity generation in April 2025, surpassing both wind and nuclear for the first time on record.

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Solar surpasses nuclear for first time, contributes 10% of global power in April 2025

The data shows that solar power was the fourth-largest source of global electricity generation in April 2025, surpassing both wind and nuclear for the first time on record.

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After protests, Chennai corporation goes slow on waste-to-energy project

Amid growing opposition from residents, the Greater Chennai Corporation (GCC) has clarified that the proposed Waste-to-Energy (WtE) project at Kodungaiyur will be implemented only after obtaining public consent and securing mandatory environmental clearances.

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MP govt to organise summit to promote solar energy on June 10: Official

The Madhya Pradesh Urja Vikas Nigam has already floated tenders for the selection of developers for these projects. These projects will be operated under 25-year Power Purchase Agreements (PPAs) with the government.

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Reliance, Avaada among new entrants in ALMM solar modules list

Reliance Industries has made the entry with an enlisted capacity of 1,716 MW per annum manufactured at its Jamnagar facility. Avaada Electro’s Nagpur unit has been enlisted with a capacity of 1,272 MW per annum.

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Storage-linked renewable tenders accounted for 68% of auctioned capacity in FY25: Ind-Ra

The agency said renewable energy, which forms the bulk of new capacity additions, presents challenges due to its intermittent and cyclical nature.

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Reliance, Avaada among new entrants in ALMM solar modules list

Reliance Industries has made the entry with an enlisted capacity of 1,716 MW per annum manufactured at its Jamnagar facility. Avaada Electro’s Nagpur unit has been enlisted with a capacity of 1,272 MW per annum.

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India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025

Delegations from countries such as Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and Korea are expected to participate.

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Own land near a power substation? You could earn for 25 years under MP’s solar scheme

Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) has opened bidding for a 1200 MW solar power project under the feeder-level solarisation component of the PM-KUSUM-C Scheme.

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Standalone solar plant subject to 2,735 compliance tasks, 83 clauses carry imprisonment: Report

Of the total obligations applicable to the corporate office, 83 carry imprisonment clauses, the report titled Decoding Compliance Management for Renewable Energy Sector stated.

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Jindal Stainless acquires 33.64% stake in ₹1,517 crore hybrid renewable project with Oyster

The ₹1,517 crore project will be developed across Bhuj in Gujarat and Agar in Madhya Pradesh and is backed by funding from the Indian Renewable Energy Development Agency (IREDA).

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REC gets CBDT nod to issue ₹5,000 crore Zero Coupon Bonds

These instruments will be issued at a deep discount and redeemed at face value upon maturity, offering tax advantages to investors under the Income-tax Act, 1961.

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Vikram Solar gets SEBI nod for IPO with fresh issue of ₹1,500 crore, OFS of 17.45 million shares

The funds will be utilised to set up a 3,000 MW solar cell and 3,000 MW solar module manufacturing facility.

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EV sales rise to 1.79 lakh units in May 2025; electric two-wheelers lead with 56% share: Report

India recorded 1,79,522 electric vehicle (EV) registrations in May 2025, with high-speed electric two-wheelers (HS E2Ws) accounting for 55.85 per cent of the total, according to the monthly EV sales digest released by JMK Research.

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Vikram Solar gets SEBI nod for IPO with fresh issue of ₹1,500 crore, OFS of 17.45 million shares

The funds will be utilised to set up a 3,000 MW solar cell and 3,000 MW solar module manufacturing facility.

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India should focus closely on mobility electrification: IEA executive director

IEA Executive Director Fatih Birol advises India to prioritise electric mobility to ensure its energy security and reduce reliance on oil imports.

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PNGRB defends LNG terminal regulation, says it will help 'well-coordinated' gas market development

The PNGRB has introduced new regulations for LNG terminals, requiring registration and review of feasibility reports to promote a transparent and demand-driven gas market.

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India’s peak power demand touches record 2,30,993 MW in May; energy met totals 1,48,718 MU

The country also met a total of 1,48,718 million units (MU) of energy during the month, highlighting the scale of electricity consumption during the summer period.

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Green job demand in India sees 20–30% annual growth; Tier II/III cities to host up to 40% roles

The latest employment outlook for the green sector exceeds earlier projections made in 2024, which had estimated a 15–20 per cent year-on-year increase in demand for green jobs over the next 10 years.

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Fuel consumption rises in May; petrol up 8.77%, LPG jumps 13.43%

LPG demand recorded the highest YoY growth among key fuels, increasing by 13.43 per cent to 2,792 TMT in May 2025, from 2,461 TMT a year earlier.

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Saudi energy firm Alfanar lines up India green hydrogen play, awaits clear policy signals

However, India still lacks assured offtake agreements, says its India CEO

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IndianOil finalises India's largest Green Hydrogen project at Panipat

In a major step towards promoting clean energy in India, IndianOil has finalised the Levelized Cost of Hydrogen (LCOH) for setting up a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex.

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Commercial LPG cylinder price cut by ₹24, new rates effective from June 1

Good news for businesses. Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders. The price cut is ₹24. The new rate in Delhi is ₹1,723.50.

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Eastern Himalayas show highest black carbon levels; snow loss tied to biomass burning

The analysis, based on 23 years of NASA satellite data (2000–2023), reports accelerated melting in areas with higher black carbon deposits, particularly in the Eastern and Central Himalayas.

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Natural gas availability rises 9.7% in April; LNG imports increase 19.1%: PPAC

The increase in overall availability was driven by a 19.1 per cent rise in liquefied natural gas (LNG) imports, which stood at 2,977 MMSCM in April 2025 against 2,499 MMSCM in the corresponding month of the previous year.

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Waaree inks ₹1,500 crore agreement for 586 MW solar module supply in US

The modules are scheduled for delivery during FY 2026–27 and will be used across four projects.

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Power body readies plan for Lakshadweep decarbonisation

The CEA is likely to outline a short-term and long-term energy mix report for the archipelago, they said. The ongoing plan gains prominence as the union territory works on promoting tourism in the islands.

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DEE Development to expand Anjar facility to 30,000 MTPA by October; Q4 PAT up over two-fold to ₹31.5 crore

The company is also working on its high-wall seamless thickness pipe plant, expected to begin commercial production by January 2026.

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Sembcorp bags 150 MW solar project with 300 MWh storage capacity from SJVN

​Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Green Infra Private Limited (SGIPL), has secured a 150 MW solar power project integrated with a 300 MWh Battery Energy Storage System (BESS) from SJVN Limited.

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EV penetration in Tier 2 and 3 cities reaches 10.67% and 8.68% in FY25: Report

Electric vehicle (EV) penetration in India’s Tier 2 and Tier 3 cities has reached 10.67 per cent and 8.68 per cent, respectively, in FY2025, compared to 13 per cent in Tier 1 cities, according to a white paper released by JMK Research & Analytics.

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ABB motor for Indian steel plant sets world record with 99.13% energy efficiency

ABB said the new design will help the steel plant save an estimated 61 GWh of electricity and approximately USD 5.9 million in power costs over a 25-year operational lifespan.

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Electricity demand to grow 5-5.5% in FY26; 44 GW capacity addition likely: ICRA

ICRA estimates the all-India thermal plant load factor (PLF) to remain flat at 70.0 per cent in FY2026, compared to 69.5 per cent in FY2025. This is despite an expected addition of 9–10 GW thermal capacity, with renewable energy sources contributing significantly to the generation mix.

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Coal India unit CMPDIL files draft papers with SEBI for IPO

The IPO comprises an offer for sale of up to 7.14 crore (71,400,000) equity shares by Coal India Limited, the company said in a regulatory filing.

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Will COP30 turbocharge global climate change actions?

​COP30 aspires to turbocharge global climate progress through implementation of Article 6 of the Paris Agreement. During COP29 the parties agreed to develop strong standards for the UN monitored international carbon market.

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India’s renewable energy capacity rises to 220.1 GW; solar contributes 48%, 143.8 GW pipeline in place

A combined capacity of 143.8 GW in solar, wind, hybrid and storage projects is under implementation, expected to be commissioned over the next 4–5 years. An additional 66.1 GW of capacity is currently in the bidding phase.

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India’s renewable energy capacity rises to 220.1 GW; solar contributes 48%, 143.8 GW pipeline in place

A combined capacity of 143.8 GW in solar, wind, hybrid and storage projects is under implementation, expected to be commissioned over the next 4–5 years. An additional 66.1 GW of capacity is currently in the bidding phase.

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ONGC-Invenire JV resumes crude oil production at PY-3 offshore field after 13-year hiatus

The PY-3 Field, located off the east coast of India, was first brought on-stream in 1997 and had been shut since July 2011. The field is being developed under a Joint Venture (JV) comprising ONGC with a 50.63 per cent participating interest, Hardy Exploration with an effective 22.79 per cent, and Invenire Petrodyne holding 26.58 per cent.

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AM Green, Port of Rotterdam sign MoU to export 1 MTPA green fuels, target USD 1 bn trade

The agreement includes development of bunkering fuels, Sustainable Aviation Fuels (SAFs), terminal infrastructure and green port development to connect India’s Net Zero Industrial Clusters to Europe via Rotterdam.

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India registers 3-fold growth in renewable energy capacity to 232GW in last decade

India's renewable power capacity has surged threefold in the last decade, reaching 232GW, driven by significant growth in solar and wind energy. Solar module manufacturing has skyrocketed, transforming India into a global leader with ambitious targets for 2030.

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Not planning to enter energy storage business in India: Göran Richardsson, Energy Business Director - South Asia, Wärtsilä

Holding back energy storage entry in India as market lacks mechanism, he adds

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Rajasthan CM seeks more Central co-operation on water and energy security at NITI Aayog meet

During the meeting, he presented the state's ambitious 'Developed Rajasthan @2047' vision document, outlining a strategic roadmap for achieving economic prosperity, sustainable development, and inclusive growth.

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UP gets its first solar EV charging station, aims for 22,000 MW solar push by 2030

Highlighting Earth Overshoot Day, Singh warned that in 1972, humanity exhausted its annual natural resource quota by Dec 23, but in 2024, it fell to Aug 1-indicating unsustainable consumption.

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RTM prices drop 19% in May amid unseasonal rains and rising green power

According to IEX data average RTM prices between May 1–21 stood at ₹3.75/unit compared to ₹4.63/unit in the same period last year.

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Oil PSUs absorb ₹40,000 cr loss in FY25 to keep LPG affordable; 96,000 retail outlets operational: Govt

India continues to offer one of the lowest domestic LPG prices globally, with Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries paying ₹553 per 14.2 kg cylinder despite a 58% increase in international prices, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said.

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Vedanta announces additional ₹30,000 crore investment in Northeast; total commitment now ₹80,000 crore

The investment was announced during the inaugural session of the Rising Northeast Investors Summit 2025 organised by the Ministry of Development of Northeastern Region in New Delhi.

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Adani Group commits ₹1 lakh crore investment in Northeast, announces fresh ₹50,000 crore allocation

The announcement was made during Adani’s address at the Rising Northeast Investors Summit in New Delhi.

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Adani Group commits ₹1 lakh crore investment in Northeast, announces fresh ₹50,000 crore allocation

The announcement was made during Adani’s address at the Rising Northeast Investors Summit in New Delhi.

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Global LNG trade grows 2.4% to 411.24 MT in 2024; Asia leads rebound in demand

The Asia Pacific region remained the largest LNG exporting region, with volumes rising to 138.91 MT in 2024—an increase of 4.10 MT over the previous year.

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Juniper Green Energy appoints Ankush Malik as Chief Executive Officer

​Juniper Green Energy on Thursday announced the appointment of Ankush Malik as its Chief Executive Officer. With over 15 years of experience in the power sector, Ankush brings a strong track record of leadership, strategic execution, and deep industry insight, the company said in the statement.

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Juniper Green Energy appoints Ankush Malik as Chief Executive Officer

​Juniper Green Energy on Thursday announced the appointment of Ankush Malik as its Chief Executive Officer. With over 15 years of experience in the power sector, Ankush brings a strong track record of leadership, strategic execution, and deep industry insight, the company said in the statement.

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ONGC posts ₹35,610 crore standalone profit in FY25; crude output rises 0.9%

Consolidated PAT stood at ₹38,329 crore, as against ₹55,273 crore in FY24, marking a 30.7 per cent decrease.

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ACME Solar commissions 112.5 MW second phase of Sikar project; operational capacity at 2,705 MW

The 112.5 MW was commissioned on May 19, 2025, following the earlier commissioning of 52.5 MW in early May. The remaining 135 MW is currently under commissioning.

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Exxon, BP & Shell explore tieup with ONGC in KG block

Global oil giants ExxonMobil, BP, and Shell are in discussions with Oil and Natural Gas Corp (ONGC). They are exploring a partnership for ONGC's $5-billion deep-sea project in the KG basin.

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ACME Solar commissions 112.5 MW second phase of Sikar project; operational capacity at 2,705 MW

The 112.5 MW was commissioned on May 19, 2025, following the earlier commissioning of 52.5 MW in early May. The remaining 135 MW is currently under commissioning.

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India accounts for 40% of global steel capacity in development, 57% of new coal-based projects

The report, based on the Global Iron and Steel Tracker, shows that India is currently responsible for 352 million tonnes per annum (mtpa) of developing steel capacity. In contrast, China, which led in past decades, accounts for 140 mtpa.

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Acme Solar FY25 PAT up 130.7% to ₹251 cr; adds 1,200 MW solar capacity

The company commissioned 1,200 MW of solar capacity during FY25, including one of India's largest single-location solar projects in Jaisalmer, Rajasthan. In May 2025, it commissioned an additional 165 MW as part of the 300 MW Acme Sikar solar project.

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Acme Solar FY25 PAT up 130.7% to ₹251 cr; adds 1,200 MW solar capacity

The company commissioned 1,200 MW of solar capacity during FY25, including one of India's largest single-location solar projects in Jaisalmer, Rajasthan. In May 2025, it commissioned an additional 165 MW as part of the 300 MW Acme Sikar solar project.

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Premier Energies, Taiwan’s SAS form JV for 2 GW solar wafer unit in India

The new facility will slice polysilicon ingots into wafers for use in the production of photovoltaic cells and modules.

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CM lays stone for ‘Bhoj-Narmada Dwar’, inaugurates 10MW solar plant in Neemuch

"The glorious legacy of Raja Bhoj and other eminent figures has been included in school curricula," he said at a public gathering on the occasion of the foundation laying ceremony for the "Bhoj-Narmada Dwar" at Samardha on the Narmadapuram Road.

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Regulator approval must for new LNG import terminal

The Petroleum and Natural Gas Regulatory Board (PNGRB) has mandated prior approval for establishing or expanding LNG import terminals, aiming to boost natural gas usage to 15% of India's energy mix by 2030.

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Gensol crisis: Jabirmahendi Mohammedraza Aga resigns as CFO

In his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multiple regulatory bodies conducting investigations and the top management resigning from their respective roles.

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Carbon capture startup Climeworks to cut staff

Swiss firm Climeworks, which has pioneered the direct capture of CO2 using huge industrial fans in Iceland, is holding talks with staff representatives to cut jobs, Swiss television said Friday.

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Ganjam student’s solar-powered agri machine earns international recognition

Subhashree Sahu, a Class XI student from Ganjam district, has invented a solar-powered multifunctional agricultural machine, earning the young innovator a spot in the prestigious Japan-Asia Youth Exchange Programme in Science, scheduled for next month.

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ZF Wind Power inaugurates largest test rig in TN with 13.2 MW capacity

ZF Wind Power has inaugurated a 13.2 MW test rig for gearboxes and powertrains in Coimbatore, India, marking it as the largest facility of its kind in the country.

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IOCL targets $1 trillion revenue by 2047, to enter data centres, nuclear power, battery and mining sectors

The company aims to significantly expand its refining and petrochemical capacities, alongside substantial growth in green energy and natural gas distribution.

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JSW to spend ₹1.3 lakh crore to reach 30GW capacity by 2030

JSW Energy aims for 30 GW generation capacity and 40 GWh energy storage by 2030, investing ₹1.3 lakh crore. Strategy 3.0 reflects ambition to lead India’s energy security.

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India, EU launch joint research calls on marine litter and green hydrogen

The TTC was set up in 2022 by Prime Minister Narendra Modi and European Commission President Ursula von der Leyen to strengthen cooperation on trade and technology.

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Solfin crosses a key milestone by disbursing over ₹100 crore in solar loans in less than a year

Solfin, a technology-driven platform with its own NBFC, has disbursed over ₹100 crore in solar loans within nine months, fueled by a Rs 100 crore investment from Waaree Sustainable Finance.

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India, EU launch joint research calls on marine litter and green hydrogen

The TTC was set up in 2022 by Prime Minister Narendra Modi and European Commission President Ursula von der Leyen to strengthen cooperation on trade and technology.

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Tata Power to invest ₹25,000 cr in FY26; 50% to be allocated for renewables

“Capex for FY26 is ₹25,000 crore, 50 per cent to renewables, 20 per cent to generation (including pumped hydro), and 30 per cent to T&D (transmission and distribution),” Sinha said during a post-earnings call on Wednesday.

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Govt sets up carbon capture testbeds in cement industry under PPP model

The Department of Science and Technology (DST) has launched five Carbon Capture and Utilisation (CCU) testbeds in the cement sector under a first-of-its-kind national research and innovation cluster aimed at reducing industrial carbon emissions.

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Agrochemical sector may add 11 GW RE capacity by 2030, require $7 bn investment: Report

The agrochemical sector, comprising crop growth chemicals such as fertilisers and biostimulants, and crop protection chemicals such as pesticides, is among the hard-to-abate industries due to its high reliance on fossil fuels for raw materials and energy.

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Tariff in solar+ESS auction 5.8% lower than previous SECI tender

In a significant development for India’s renewable energy sector, a solar project integrated with energy storage has recorded a tariff of ₹3.32 per unit—5.8 per cent lower than the rate discovered in a similar tender by SECI in December 2024, according to a report by JMK Research.

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Russia’s Rosatom signs pact with Vietnam; talks begin on power reactor project

As part of the cooperation, Vietnam will also participate in the Consortium “International Research Center based on the MBIR reactor”. Rosatom will provide training support and technological assistance to develop Vietnam’s nuclear research capacity.

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Summer electricity consumption in hospitality sector seen rising 10% to 9.35 billion units

​The projected consumption marks a 10 per cent increase over the previous year, driven by rising temperatures and the resultant surge in cooling demand across hotels, PG accommodations and hostels.

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India’s gas use at 5766 MMSCM, LPG coverage hits 102.8%: PPAC

India’s total gas consumption averaged 5766.75 million metric standard cubic meters (MMSCM) per month as of March 31, 2025, according to the latest edition of the Oil and Gas Snapshot released by the Petroleum Planning & Analysis Cell (PPAC).

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John Cockerill targets 2 GW green hydrogen electrolyser capacity in India by 2029; eyes modular CSP for next growth phase

Global tech firm is betting on local manufacturing, steel decarbonization, and green hydrogen amid global market slowdown

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Govt to hold pre-emption right over oil, gas in national emergency: Draft rules

Draft rules under the amended Oilfields Act mandate fair market price compensation to producers. The government retains sole discretion in defining a national emergency, while operators gain exemption from obligations under force majeure conditions.

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Rosatom in active discussions for new nuclear power plant sites in India; plans to focus on radiation tech, radiopharma: Kirill Komarov, First Dy DG, Rosatom

In an exclusive interview with ETEnergyWorld, Kirill Komarov, First Deputy Director General – Director for Development and International Business of Rosatom, revealed that the company is currently engaged in active discussions around Russian-designed nuclear power projects and is looking forward to an official announcement from Indian authorities.

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John Cockerill targets 2 GW green hydrogen electrolyser capacity in India by 2029; eyes modular CSP for next growth phase

Global tech firm is betting on local manufacturing, steel decarbonization, and green hydrogen amid global market slowdown

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Delhi Assembly to switch entirely to solar power with 500kW plant

Chief minister Rekha Gupta, deputy speaker Mohan Singh Bisht, PWD minister Parvesh Verma and power minister Ashish Sood will also attend the event.

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India dismisses state-run clean energy agency chairman

India has removed the chairman of the Solar Energy Corp of India (SECI) with immediate effect, the federal ministry of personnel said in a notice on Saturday, just over a month ahead of the scheduled end of his tenure.

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India dismisses state-run clean energy agency chairman

India has removed the chairman of the Solar Energy Corp of India (SECI) with immediate effect, the federal ministry of personnel said in a notice on Saturday, just over a month ahead of the scheduled end of his tenure.

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ACME Solar commissions first phase of Sikar project in Rajasthan

Strategically located in one of India's highest solar irradiation zones, it is poised to be an important contribution to India's renewable energy goals, the company said in a statement.

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ACME Solar commissions first phase of Sikar project in Rajasthan

Strategically located in one of India's highest solar irradiation zones, it is poised to be an important contribution to India's renewable energy goals, the company said in a statement.

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Adani Wind targets 2.5 GW capacity, eye on exports too

Adani Wind is aiming for a 2.5 GW capacity this fiscal year, with 1.5 GW earmarked for Adani Green Energy and the remainder for other Indian renewable energy producers.

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Bhushan Power creditors weigh legal options after SC scraps JSW Steel deal

Bhushan Power & Steel's creditors, including SBI and PNB, are evaluating legal options after the Supreme Court overturned JSW Steel's resolution plan and ordered liquidation.

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Adani Wind targets 2.5 GW capacity, eye on exports too

Adani Wind is aiming for a 2.5 GW capacity this fiscal year, with 1.5 GW earmarked for Adani Green Energy and the remainder for other Indian renewable energy producers.

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Google partners with Elementl Power on nuclear energy sites as power demand for AI grows

​Under the agreement announced Wednesday, Google will provide capital for the projects, which the companies say will each produce 600 megawatts of power capacity. No dollar figure for Google's investment was given.

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GK Energy's costs surge sharply ahead of IPO, shows DRHP

GK Energy Limited, which specialises in solar-powered agricultural water pump systems, is prepared to launch its initial public offering (IPO) after receiving final approval from the Securities and Exchange Board of India (SEBI) last month.

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India to save ₹1.8 lakh cr on import bill on softening global oil prices

India could save up to ₹1.8 lakh crore on crude oil imports and ₹6,000 crore on LNG imports in FY2026 if global oil prices remain in the $60–70 per barrel range, according to ICRA.

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Cabinet approves revised 'SHAKTI' policy for coal allocation to power sector

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the grant of fresh coal linkages to thermal power plants of the Central Sector, State Sector and Independent Power Producers (IPPs) under the revised 'SHAKTI' policy.

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NLC India Renewables enters power purchase pact with RVUNL for solar power project in Rajasthan

The project is being developed in Bikaner district and the proposed site has abundant solar radiation, the company said in a statement.

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India at the forefront of global energy transition: Piyush Goyal

India is at the forefront of global energy transition and solar power alone has grown over 30 times in the last decade, Union Minister of Commerce and Industry, Piyush Goyal, said on Tuesday, adding that the country achieved renewable energy targets of 2030 eight years ahead of schedule.

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Assam cabinet approves thermal power policy, aims for ₹7,730 crore investments

Assam's cabinet has approved the Assam Thermal Power Generation Product Promotion Policy 2025, aiming to attract significant investments into the thermal power sector.

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Private sector is interested in India's Nuclear Energy push, but policy gap remains: SBI

India's ambitious nuclear energy goals, aiming for 100 GW by 2047, are attracting private sector interest, but SBI Capital Market emphasizes the need to address policy gaps for substantial private contribution.

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Bangladesh owes Adani Power around $900 million

Adani Power reports that Bangladesh owes approximately $900 million for electricity supplied from its Godda plant. Despite the outstanding dues, Adani Power continues to meet its power supply commitments to Bangladesh.

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Shell looks to capitalise on BP's slide with potential bid

Any final decision will likely depend on whether BP stock continues to slide, the people said. Shares of BP have already lost nearly a third of their value in the last 12 months as a turnaround plan has fallen flat with investors and oil prices tumbled.

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India’s wind power capacity to meet 100 GW target by 2030 with focus on tech, talent: IWTMA

With over 50 GW installed, the industry is ready to scale up production, support 'Make in India,' and create jobs. The sector is crucial for grid stability and economic growth, requiring continued policy support.

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Solar power plant installed at UPRTOU campus in Prayagraj

The VC UPRTOU, Prof Satyakam emphasised the environmental and economic benefits of project, highlighting that high-quality solar panels have been installed, which will now help university to reduce its electricity expenditure.

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India, Angola decide to expand energy partnership

Angola signed the International Solar Alliance (ISA) Framework Agreement and became the 123rd member of the ISA.

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India's route to 100 GW nuclear power by 2047 may require strategic reforms

India's plan to reach an ambitious 100 gigawatts (GW) nuclear power capacity by 2047 may require a concerted effort to overcome existing challenges and implement strategic reforms in the nuclear sector, says a report by SBICAPS.

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SECI inks PPA with R-Power arm for 1.4 GW solar storage project

Reliance Power has secured a significant 25-year power purchase agreement with SECI for a 1.4 GW solar and battery storage project. Reliance Nu Suntech will build the project with a ₹10,000 crore investment, supplying 930 MW of power at Rs 3.53 per unit.

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Jindal SAW posts quarterly profit drop on lower demand

Jindal SAW, which makes steel pipes for the energy, transportation and water sectors, reported a smaller fourth-quarter profit on Friday as demand dropped due to a slowdown in construction activity.

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India, Denmark renew pact to support net-zero emissions target

The agreement broadens the scope of the partnership and it now encompasses advanced areas such as power system modeling

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Bharat Petroleum eyes $20-30/ton gain from swap of Middle East LPG with cheaper US supplies

Bharat Petroleum Corp Ltd anticipates a $20-$30 per ton gain by swapping Middle Eastern LPG for cheaper U.S. supplies, capitalising on price disparities caused by the U.S.-China tariff war.

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Anil Ambani’s Reliance Power to invest ₹10,000 cr for Asia’s largest solar-BESS project

​The agreement covers the supply of 930 MW of solar power integrated with a 465 MW/1,860 MWh battery energy storage system (BESS), making it Asia’s largest single-location solar-BESS project to date, it said.

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Nuclear tech key to ensure countries achieve energy security: S African Minister at G20 meet

The meeting on Wednesday is part of a number of events ahead of the G20 Summit of global leaders later this year to be hosted by South Africa, which holds the G20 Presidency for 2025.

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BPCL gives Sanjay Khanna additional charge of CMD

Bharat Petroleum Corporation Ltd (BPCL) has appointed Sanjay Khanna, the current director of refineries, as the chairman and managing director. Khanna, a chemical engineer with extensive experience in refinery operations and project management, has held key positions within BPCL, including heading the Kochi and Mumbai refineries.

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Inox Neo Energies secures 50 MW in first-ever wind power project auction

Inox Neo Energies Ltd is a subsidiary of Inox Clean Energy Ltd and the renewable energy Independent Power Producer arm of the INOXGFL Group.

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Ather Energy's ₹2,981 cr IPO sees 1.43 times subscription on final day

Ather Energy's issue was the first IPO of FY26, and also the first in two months since the listing of Quality Power Electrical Equipments' ₹859-crore offering in February.

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Enerparc Energy to set up 35 MW solar project

Enerparc Energy will set up a 35 MW solar project in Gujarat to supply clean power to commercial and industrial consumers starting August 2025, generating 58 million units annually and cutting 41,000 tons of CO2 emissions; early customers include leaders in recycling, automotive, packaging, plastics, and mining sectors.

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India ready to collaborate openly to build inclusive global energy future: Hardeep Singh Puri

Union Minister Hardeep Singh Puri stated India's commitment to an inclusive global energy future through open collaboration, highlighting the India-Middle East-Europe Economic Corridor (IMEC) as a key initiative. IMEC aims to integrate energy, trade, and digital infrastructure, fostering clean energy solutions.

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Delhi's power demand peaks at 6,015 MW, highest on Apr 28 in last three years

Delhi's power demand surged to a season-high of 6,015 MW on Monday, driven by scorching temperatures reaching 40.4 degrees Celsius.

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JSW Energy moves SC challenging Goa's Green Cess Act, cites legislative incompetence of state

The company argues that the cess is arbitrary and that 'environment' falls outside the state's legislative purview, citing a previous Supreme Court judgment.

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NTPC may cancel two contracts of 500 MW awarded to Gensol Engineering

NTPC's renewable energy division is considering terminating contracts with Gensol Engineering for nearly 500 MW of EPC work due to project delays.

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NITI Aayog reviews role of central, state electricity regulators

India is set to overhaul its power sector regulations, prompted by NITI Aayog's study on the effectiveness of electricity regulatory commissions (ERCs). The study aims to strengthen these institutions to handle the evolving electricity landscape, including new market entrants and technologies.

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Indian Oil GPS Renewables to invest Rs 1,200 crore in biogas projects across states

The two JV partners will bring 50 per cent equity each and rest would be met through loan for which a Techno-Economic Viability (TEV) report is currently under preparation.

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Deep Dive: Inside India’s green hydrogen funding plan

According to experts, the country's current outlay is likely to be short by nearly 75 per cent by 2030 if India wishes to compete globally

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Kotputli-Behror leads the way as govt rushes to solarise all agri connections

The initiative aims to solarize all agricultural connections by next year, reducing govt subsidies by 60% and providing reliable power, benefiting farmers and micro-businesses while cutting discom debts.

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Reliance commissions first line of solar manufacturing, targets 10 GW capacity

The company is also progressing with battery storage production facilities. This move aligns with India's push for domestic solar manufacturing to meet its 500 GW renewable energy target by 2030 and reduce reliance on imports.

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EV switch in 44 cities can slash 61 million tonnes CO2: TERI

A TERI study reveals that transitioning to electric vehicles in 44 Indian cities by 2035 could significantly reduce pollution. The shift could prevent 11.5 tonnes of daily PM2.5 emissions and cut greenhouse gases by 61 million tonnes.

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World Bank eyes energy financing options, holds fast on equality issues

The World Bank's steering committee has endorsed exploring nuclear energy financing to expand energy access, aligning with US directives. Despite this, the committee reaffirmed its commitment to gender equality and climate initiatives, countering US pressure to narrow the bank's focus.

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ONGC plans ₹3500 crore green energy capacity push

ONGC plans to invest up to ₹3,500 crore this fiscal year to expand its green energy capacity, targeting 10 GW by 2030. This includes developing 1 GW of solar and wind projects and pursuing strategic acquisitions like Ayana Renewable Power and PTC Energy.

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Gensol Engineering shares in free-fall; drop for 12th day

The stock of the crisis-hit firm tanked 4.96 per cent to Rs 91.05 -- the lowest trading permissible limit for the day as well as a 52-week low level -- on the BSE.

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Japan's greenhouse gas emissions fall 4% in FY23/24 to record low

Japan's greenhouse gas emissions fell by 4% to a record low in the fiscal year ended March 2024, government data showed on Friday, led by lower energy consumption as well as the increased use of renewable energy and the restart of nuclear power plants.

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NHPC says Himachal's Parbati-II project to add Rs 224 cr in annual revenue after it begins ops

NHPC's Parbati-III Power Station is projected to see a significant revenue boost of Rs 224.70 crore following the commencement of operations at the 800-MW Parbati-II project in Himachal Pradesh. Power generation at Parbati-III is expected to increase substantially in 2025-26, driven by the operationalization of the Parbati-II hydroelectric project.

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THDC India synchronises first unit of its 1,000-MW pumped storage project in pump condenser mode

THDC India has successfully synchronized the first 250 MW unit of its 1,000 MW pumped storage plant at Tehri in pump condenser mode to the Indian grid. This achievement marks a significant step towards commissioning India's first variable speed PSP.

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Bank of Baroda aims to achieve net-zero target by 2057

Bank of Baroda has unveiled its ESG policy, committing to achieve net-zero emissions by 2057, reinforcing its dedication to sustainable banking.

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Saudi to jointly set up two refineries in India

Saudi Arabia is partnering with Indian companies to establish two refineries in India, each with a 9 million tonnes per year capacity.

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AGEL arm in pact to supply 1,250 MW energy storage capacity in UP

Private entity Adani Hydro Energy Five Ltd has entered into a power purchase agreement (PPA) with Uttar Pradesh Power Corporation for supply of 1,250 MW energy storage capacity. Adani Hydro Energy Five Ltd is a wholly owned step down subsidiary of Adani Green Energy Ltd (AGEL).

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The world's biggest companies have caused $28 trillion in climate damage, a new study estimates

The world's biggest corporations have caused $28 trillion in climate damage, a new study estimates as part of an effort to make it easier for people and governments to hold companies financially accountable, like the tobacco giants have been.

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Vikram Solar secures 150 MW order in Maharashtra

​Vikram Solar, a solar PV module manufacturers, on Wednesday announced the receipt of an order for a renewable power project of 150 MW capacity from Maharashtra State Power Generation Co. Ltd (MAHAGENCO), a government of Maharashtra undertaking.

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Ather Energy set to launch ₹3,000-cr IPO on April 28

Ather has reportedly trimmed its valuation to about $1.4 billion from a previously estimated $2 billion, reflecting continued tepid sentiment in the secondary market.

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Bihar, NTPC in talks for Nawada nuclear power plant

Bihar is actively engaging with NTPC Ltd to establish a nuclear power plant in Nawada district, according to Chief Secretary Amrit Lal Meena. The state has also requested the Power Ministry to consider Bihar for a nuclear project, potentially utilizing water from the Phulwaria dam.

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US imposes tariffs up to 3,521% on solar imports from 4 SE countries

​The duties announced on Monday are the culmination of a yearlong trade probe that found solar manufacturers in Cambodia, Vietnam, Malaysia and Thailand were unfairly benefiting from govt subsidies and selling exports to the US at rates lower than the cost of production.

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Earth Day: Leaders flag water recycling, circular economy, and battery storage as climate priorities

India’s solar energy capacity is expected to reach 293 GW by 2030, comprising around 58 per cent of the renewable mix, according to Ayush Patodia, Associate Vice President, Avalon Consulting.

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Crude oil output drops 3.1% in March; FY25 petroleum product consumption up 2.1%

India’s indigenous crude oil and condensate production declined by 3.1 per cent to 2.4 million metric tonnes (MMT) in March 2025 compared to the same period last year, according to data released by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas.

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Who is Santosh Kumar Sarangi, the new MNRE Secretary

Sarangi is currently serving as Director General of Foreign Trade in the Department of Commerce under the Ministry of Commerce and Industry.

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Summer rush fuels cruise demand in Kochi

All services are currently running at full capacity, with advance bookings fully reserved for the next two weeks. "In response to the high demand, operators have added extra weekend trips on Saturdays and Sundays, according to a KSINC source.

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UP govt to install 8 lakh solar rooftop plants by March 2027

Uttar Pradesh aims to install 8 lakh solar rooftop plants by March 2027 under the Pradhan Mantri Surya Ghar Yojana, targeting 2.65 lakh units this financial year.

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JSW Energy's ₹16,000 crore Salboni project most competitive in capex: Officials

JSW Energy is investing Rs 16,000 crore in West Bengal to establish a 1,600-MW ultra-supercritical thermal power plant in Salboni, its largest greenfield project.

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India attracted $36 billion investment, 177 discoveries in pre-2014 oil, gas blocks: Oil Ministry Report

India's oil and gas exploration policies, NELP and OALP, attracted significant investment, leading to numerous discoveries. While NELP faced challenges like clearance delays and cost recovery disputes, HELP's revenue-sharing model aimed to improve ease of business.

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Amaravati to be world's first fully renewable-powered city

Amaravati, Andhra Pradesh's planned capital, aims to be the world's first city powered entirely by renewable energy, targeting 2,700 MW of green energy.

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CERC refuses to intervene in transfer of Azure’s 2333 MW to Adani Green Energy Limited

The Central Electricity Regulatory Commission (CERC) has declined to intervene in the transfer of Azure Power India's 2333 MW capacity to Adani Green Energy Limited (AGEL) for the Andhra Pradesh solar power project. CERC says it lacks jurisdiction as SECI asked it to "take note" and there is nothing in the Act which gives this power.

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India's oil and gas production fall in 2024-25

India's crude oil and natural gas production experienced declines in 2024-25 due to falling output from mature fields. This decrease has led to a rise in the country's import bill, with India importing 88% of its crude oil and 51 per cent of its gas consumption.

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Rajasthan’s solar strategy: Policies, infra, global investments & the road to 500 GW by 2030

With over 19,000 MW of installed capacity and world-class solar parks like Bhadla, Rajasthan is leading India’s clean energy transformation. Backed by progressive policies, global investment, and rural impact, the state is setting a national benchmark in renewable energy. From hybrid models to energy exports, Rajasthan is redefining what a solar-powered future looks like.

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Three independent directors step down from Gensol Engineering

Gensol Engineering faces turmoil as three independent directors, Arun Menon, Harsh Singh, and Kuljit Singh Popli, resigned following a Sebi order. Concerns over high debt costs and leveraging the balance sheet for other businesses were cited.

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Three independent directors step down from Gensol Engineering

Gensol Engineering faces turmoil as three independent directors, Arun Menon, Harsh Singh, and Kuljit Singh Popli, resigned following a Sebi order. Concerns over high debt costs and leveraging the balance sheet for other businesses were cited.

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Adani Ports acquires North Queensland Export Terminal, adds 50 MTPA capacity

Under the approved transaction, APSEZ will issue 14.38 crore equity shares to CRPSHPL by way of preferential allotment, representing a 2.13 per cent increase in promoter holding. The acquisition is based on an enterprise value of AUD 3,975 million for NQXT.

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LNG trucks face infrastructure, cost hurdles; electric trucks align better with ZET 2050 goals: IEEFA

The report, titled “Assessing the Viability of LNG Trucks for India’s Clean Goals,” noted that LNG trucks offer a 28-30 per cent reduction in carbon dioxide emissions compared to diesel, but may emit higher levels of nitrogen oxides and ammonia.

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Mines ministry issues guidelines to set up centres of excellence under Critical Mineral Mission

According to the guidelines, CoEs will focus on the identification, development and implementation of extraction and beneficiation technologies for critical minerals sourced from primary and secondary resources.

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Domestic carbon credit prices may rise with new regulations: Report

India’s recent approval of eight methodologies for its domestic voluntary carbon market is expected to improve credit quality and lead to a rise in carbon offset prices, according to research firm Wood Mackenzie.

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Domestic carbon credit prices may rise with new regulations: Report

India’s recent approval of eight methodologies for its domestic voluntary carbon market is expected to improve credit quality and lead to a rise in carbon offset prices, according to research firm Wood Mackenzie.

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Every 45 days, 100,000 homes switch to solar power in India: SolarSquare’s Shreya Mishra

Households are embracing solar energy solutions due to increasing awareness, rising electricity costs, and higher electricity consumption in households driven by lifestyle improvements and heat waves, says Shreya Mishra, CEO and co-founder, SolarSquare.

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India will have bi-lateral trade agreement with US in next few months: Morgan Stanley

India's potential trade deal with the US may take time, but it is more likely in next few months and it could help India gain share in the US market.

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Sebi bars Gensol promoters from securities market

Last year in June, Sebi received a complaint relating to manipulation of share price and diversion of funds from Gensol Engineering, following which it started to examine the matter.

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Sebi bars Gensol promoters from securities market

Last year in June, Sebi received a complaint relating to manipulation of share price and diversion of funds from Gensol Engineering, following which it started to examine the matter.

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Serentica Renewables, NTPC sign pact to supply 200 MW clean energy to UP

Serentica Renewables has signed a power purchase agreement with NTPC to supply 200 MW of on-demand renewable energy to Uttar Pradesh's distribution companies.

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Serentica Renewables, NTPC sign pact to supply 200 MW clean energy to UP

Serentica Renewables has signed a power purchase agreement with NTPC to supply 200 MW of on-demand renewable energy to Uttar Pradesh's distribution companies.

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Amid tariff brawl, oil prices may not fall to 2015-16 level: BPCL

BPCL's finance chief, Vetsa Ramakrishna Gupta, anticipates oil prices to remain stable in the near term, fluctuating between $60-70 per barrel as US tariff uncertainties resolve.

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Delhi's new anti-pollution moves: Will they be enough?

Every winter, Delhi makes headlines for all the wrong reasons. Thick smog covers the city, pollution levels skyrocket, and air quality drops to hazardous levels. It's a crisis that returns year after year, and while the government takes action during these peak months, the bigger question remains: are we doing enough, and more importantly, are we doing it all year round?

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We plan to set up 34 GW capacity by FY28, hit Rs 3,000 cr solar revenue this year itself: Shekhar Singal, MD, Eastman Auto and Power

The company closed the year on 31 March at Rs 4,350 crore of topline and expects expects Rs 6,000 crore to Rs 7,000 crore of topline by FY26

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BP bets on NEC-25 for gas surge, credits PM Modi's reforms

BP Plc is targeting increased natural gas production in India, spurred by recent government reforms. The company, in partnership with Reliance Industries Ltd, aims to extract nearly 10 million cubic meters per day from the NEC-25 block.

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NPCIL explores JV model with Central PSUs, states for jointly developing nuclear power plants

NPCIL is garnering interest from other central PSUs like Indian Oil Corporation and Indian Railways for joint nuclear power plant development. States are also keen on holding minor stakes to support these projects.

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We plan to set up 34 GW capacity by FY28, hit Rs 3,000 cr solar revenue this year itself: Shekhar Singal, MD, Eastman Auto and Power

The company closed the year on 31 March at Rs 4,350 crore of topline and expects expects Rs 6,000 crore to Rs 7,000 crore of topline by FY26

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Centre approves record 6 hydro pumped storage projects worth 7.5 GW in FY25

The participation of private sector in this segment is quite encouraging and with the help of self-identified PSP, the PSP potential in the country has crossed 200 GW and it is further increasing almost every month.

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NFR commissions solar power plant in Guwahati

Designed to power critical operations at the Uzan Bazar Water Treatment Plant, the system includes a comprehensive electrical network that extends to barges and jetties.

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Waste-to-energy firm SAEL plans to go public in next 12 months

Awla highlighted that SAEL is the world's only 100 per cent paddy-based biomass waste-to-energy operator and the largest single industrial offtaker of paddy straw globally.

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Sitharaman pitches India as Asia's gateway to Austrian investors for green H2, EVs & innovation

The minister said both India and Austria have identified priority areas-such as green and digital technologies, infrastructure, renewable energy, water management, life sciences, electric mobility and transportation start-ups-to enhance their economic relationship.

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NSEFI, SolarPower Europe ink pact to deepen EU-India ties in solar manufacturing

The National Solar Energy Federation of India (NSEFI) and SolarPower Europe have partnered to boost solar manufacturing and fortify EU-India ties. The collaboration aims to identify business and financing opportunities for solar projects, creating a resilient and diversified supply chain.

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GAIL floats tender for 26% stake in LNG project in US

GAIL India Ltd. has issued a tender to acquire up to a 26% stake in a US liquefied natural gas project, coupled with a 15-year gas import agreement. This move supports India's efforts to reduce its trade surplus with the US.

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Centre reviews solar, wheat procurement schemes in Uttar Pradesh; state targets 22 GW solar capacity

During a meeting with CM Yogi Adityanath, the state reiterated its goal to reach 22 GW of solar energy capacity.

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Global electricity demand from AI data centres set to cross 945 TWh by 2030: IEA

​Electricity demand from global data centres is projected to more than double to around 945 terawatt-hours (TWh) by 2030, with artificial intelligence (AI) emerging as the primary contributor, according to a report released by the International Energy Agency (IEA).

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PM Modi to visit Uttar Pradesh, Madhya Pradesh on April 11

Prime Minister Narendra Modi will visit Uttar Pradesh and Madhya Pradesh on April 11. He will travel to Varanasi and at around 11 AM, he will lay the foundation stone and inaugurate various development projects worth over Rs 3,880 crore.

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Lego opens a toy factory in Vietnam it plans to run entirely on clean energy

​The factory in the industrial area of Binh Duong, close to Ho Chi Minh City, is the first in Vietnam that aims to run entirely on clean energy. Lego says it will do that by early 2026.

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Reliance BP & Nayara Energy fuel sales outgrow PSU peers'

According to industry data, private players grew both their combined domestic diesel and petrol retail sales by 19.7% year-on-year in FY25.

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Unlocking the Potential of Distributed Energy Resources in Advancing India’s Green Energy Transition

​India is rapidly expanding its renewable energy (RE) capacity to meet the 500 GW target by 2030 and net-zero target by 2070, showing a remarkable growth of 135 per cent from FY2014–15 to FY2023–24.

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BPCL, Sembcorp form JV to boost green hydrogen transition and renewable energy in India

Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Ltd (BPCL) have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India.

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BPCL, Sembcorp form JV to boost green hydrogen transition and renewable energy in India

Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Ltd (BPCL) have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India.

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Eastman Auto and Power to invest up to ₹1,000 cr in capex over next three FYs: Shekhar Singal, CEO

Eastman Auto and Power, a Delhi-based power solutions provider, plans to invest up to ₹1,000 crore in capex over the span of next three financial years to boost its overall capacity addition, Shekhar Singal, Managing Director told ET Energy World in an exclusive interaction.

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NTPC aims to build small nuclear reactors to replace old coal plants

The company has initiated a tender for feasibility studies on SMRs, which offer a scalable and simpler alternative to large nuclear plants.

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Inox Solar gets land from Odisha govt for solar module manufacturing plant

Inox Solar, a subsidiary of Inox Clean, today announced the land allocation for a solar cell and solar module manufacturing plant in Dhenkanal, by the Odisha government, it said.

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India overtakes Germany to become world's third largest generator of electricity from wind and solar: Report

Solar and wind energy generated 15 per cent of global electricity, with India just behind at 10 per cent, according to a report by global energy think-tank Ember.

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India overtakes Germany to become world's third largest generator of electricity from wind and solar: Report

Solar and wind energy generated 15 per cent of global electricity, with India just behind at 10 per cent, according to a report by global energy think-tank Ember.

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ACME eyes ₹10,000 cr revenue from solar gear by 2030

ACME Group aims to achieve ₹10,000 crore in revenue by 2030 from its solar module and cell equipment manufacturing business. The company recently opened a 1.2 GW solar module unit in Rajasthan and plans further expansions.

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Gave up bulletproof car to ride in hydrogen-fuelled vehicle: Gadkari

Speaking at a public event, Gadkari said, "I have a hydrogen-powered Toyota car, the first of its kind in the world. I gave up my bulletproof car for this."

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Jindal Power, Czech company Sev.en in race to acquire Apraava's thermal project

Naveen Jindal's Jindal Power and Sev.en Global Investments are vying to acquire the 1,320-MW Jhajjar thermal power project from Apraava Energy as coal power demand increases. The asset is valued at approximately ₹4,000 crore, and both companies are undergoing due diligence.

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PM Modi gives booster shot to Sri Lanka's clean energy drive

Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake on Saturday participated in the groundbreaking ceremony of the 120 MW Sampur Solar power project, being developed as a joint venture between the two nations.

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Fossil fuels generate less than half of US electricity for first month ever, says energy think tank

Fossil fuels accounted for less than 50% of the U.S. power mix for the first month on record in March, according to energy think tank Ember on Friday, driven by a near-quarter rise in wind and solar power generation.

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L&T incorporates arm to develop green hydrogen projects

Larsen & Toubro’s subsidiary, L&T Energy Green Tech Ltd, has established L&T Green Energy Kandla Pvt Ltd aimed at developing green hydrogen projects, including derivatives like green ammonia. This initiative follows the construction giant's successful commissioning of its first green hydrogen plant in Gujarat.

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Biggest challenge for net-zero norms is energy storage systems: Report

The transition to a net-zero emission world requires a complete transformation of energy systems to move away from fossil fuels toward renewable energy sources like solar, wind, and hydro.

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Oil slides on new US ‘Liberation Day’ tariffs, OPEC+ meeting

​The move by OPEC+ to boost supply in May is opportunistic and capitalizes on the expected stagnation in non-OPEC production, according to Rystad Energy’s Global Head of Commodity Markets - Oil, Mukesh Sahdev.

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Developing countries' climate targets at risk without enough finance from developed world: India

At the BRICS Environment Ministers' meeting in Brasilia, Brazil, India strongly advocated for climate justice and equity and said that the success of this year's UN climate conference depends on whether developed nations fulfil their climate finance commitments.

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Gasoline demand to peak by 2035, diesel by 2041, Reliance executive says

India is set to lead global oil demand growth this year, surpassing China, with fuel consumption expected to increase throughout the next decade.

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Carbon transition-linked social bonds emerge as key theme in global sustainable finance: Moody’s

Carbon transition is emerging as a key theme in global social finance, with issuers increasingly integrating workforce reskilling and other transitional elements into their sustainable bond frameworks, according to Moody’s Ratings.

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CEA assessing scope for replacing imported coal with domestic supply at ICB plants: Coal Secy

The government is exploring blending domestic coal with imported fuel at 17 imported coal-based (ICB) power plants across India with a cumulative capacity of nearly 18 GW, to reduce dependence on imports, Union Coal Secretary Vikram Dev Dutt said on Thursday.

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FY25: Petrol consumption up 7.3%, diesel by 2%, LPG use grows 5.3%

Petrol consumption in India rose 5.34 per cent year-on-year to 3,501 thousand metric tonnes (TMT) in March 2025 from 3,324 TMT in March 2024, according to data released by the Petroleum Planning and Analysis Cell (PPAC).

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India adds 25 GW renewable energy in FY25, total non-fossil capacity reaches 222.86 GW

The total installed power generation capacity in the country stood at 483.26 GW as of March 31, 2025.

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EU carbon norms may cost Indian steelmakers $116 per tonne by 2034

The rising costs pose a challenge to India’s position in the global steel export market, with Europe accounting for 25% of Indian steel exports.

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MoPNG sets April gas price at $7.26/mmBtu; deepwater cap till Sept $10.04

The ministry of petroleum and natural gas has notified the price of domestic natural gas for the period from April 1 to April 30, 2025, as $7.26 per million British thermal units (mmBtu) on a Gross Calorific Value (GCV) basis.

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IGL board clears ₹2,066 crore solar project in Rajasthan through JV with RVUNL

The project will be implemented through a joint venture with state-run Rajasthan Vidyut Utpadan Nigam Limited (RVUNL).

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Iron ore output hits 263 MMT in April–Feb FY25, registers 4.4% growth

Iron ore continues to dominate the mining sector, accounting for 70% of the total Mineral Conservation and Development Rules (MCDR) mineral production by value. In the entire FY 2023–24, iron ore production was recorded at 274 MMT.

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Global nickel dominance by Indonesia, China raises supply, pricing concerns for India’s green push

Global concentration of nickel production and refining in Indonesia and China is raising concerns over supply security and pricing for India’s clean energy transition, as the country works towards meeting its net-zero commitments.

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GoM flags rising DISCOM debt, calls for cost-reflective tariffs and AI-led reforms

The third meeting of the Group of Ministers (GoM) on electricity distribution, chaired by Union Minister of State for Power and New & Renewable Energy Shripad Yesso Naik, flagged growing financial stress in state-run distribution companies (DISCOMs) and called for urgent adoption of cost-reflective tariffs, AI-based reforms and financial restructuring to improve viability.

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India's solar PV module manufacturing capacity to reach 125 GW by 2030, says Pralhad Joshi

Solar cell manufacturing capacity will also increase from 25 GW to 40 GW soon. India aims to achieve 500 GW of renewable energy capacity by 2030.

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India's solar PV module manufacturing capacity to reach 125 GW by 2030, says Pralhad Joshi

Solar cell manufacturing capacity will also increase from 25 GW to 40 GW soon. India aims to achieve 500 GW of renewable energy capacity by 2030.

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Hydropower generation rises 10% amid demand surge; thermal steps in to balance grid

Hydropower generation reached 1,39,780 million units (MUs) during the period, up from 1,27,038 MUs in the corresponding months last year.

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Trump administration cancels clean energy grants as it prioritises fossil fuels

President Donald Trump's administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritises fossil fuels.

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IREDA reappoints Shabdsharan Brahmbhatt and Jaganath Jodidhar as Independent Directors for one year

According to the ministry of new & renewable energy, the appointments were conveyed on behalf of the President of India and will be effective from March 28, 2025, or until further orders, whichever is earlier.

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IREDA reappoints Shabdsharan Brahmbhatt and Jaganath Jodidhar as Independent Directors for one year

According to the ministry of new & renewable energy, the appointments were conveyed on behalf of the President of India and will be effective from March 28, 2025, or until further orders, whichever is earlier.

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bp announces exit from Austria retail fuel market, sale to complete by end-2025

bp on Thursday announced plans to sell its mobility and convenience business in Austria, including more than 260 retail sites, its Austrian fleet operations, electric vehicle charging assets, and its stake in the Linz fuel terminal joint venture.

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Vedanta Aluminium commissions 13.4-km railway line at Lanjigarh, to support 5 MTPA refinery operations

The railway line has been commissioned in alignment with the upcoming 5 million tonnes per annum (MTPA) alumina refinery at the Lanjigarh site. Vedanta Aluminium stated that the new railway line is intended to ensure seamless inbound and outbound movement of raw materials and commodities while reducing carbon dioxide emissions by 262 tonnes annually.

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IRM Energy signs 5-year RLNG supply deal with Shell for 1.23 crore MMBtu

IRM Energy on Wednesday said it has signed a five-year agreement with Shell Energy India for the supply of 1.23 crore MMBtu of Re-gasified Liquefied Natural Gas (RLNG), equivalent to approximately 326.84 million standard cubic metres (mmscm) at 9500 K/cal Gross Calorific Value (GCV).

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India’s used oil recycling sector faces structural gaps; report recommends phased targets, regulatory reforms

The report, titled ‘Advancing India’s Self-Reliance: Enhancing Circularity in Used Oil Management’, was launched during the ‘Global Symposium on Resource Efficiency & Circular Economy’ organised by RECEIC in association with FICCI and the Ministry of Environment, Forest and Climate Change (MoEF&CC).

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Delhi records AQI of 206; GRAP Stage-I measures enforced across NCR

Following this, the Sub-Committee under the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) convened a meeting to review the situation and implement response measures.

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Solar panels very helpful in irrigating fields: Rajkot farmer shares 'life-changing' story

Ashok Makwana, a farmer of Khambhala village in Paddhari taluka of the city, faced immense hardships in irrigating his fields due to erratic power supply, but a very welcome change has happened in his life, thanks to solar panels.

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India’s solar glass anti-dumping duty to raise module prices by 3-5%

Policy measure to bring relief to domestic players who have suffered from cash flow challenges and reduced returns on capital due to dumped imports, say experts

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Borosil Renewables set to invest Rs 900 cr to boost solar glass mfg capacity to 10 GW by 2026

“We are now increasing our capacity in India by another 3.5 GW. We will reach about 10 GW of solar glass production in India by July CY26. The project is running and in the next 15 months we will be in production of the extra capacity of 3.5 GW,” Kheruka said in an exclusive interaction.

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Masdar eyes stake in TotalEnergies' Portuguese renewable assets

This move aligns with Masdar's goal to achieve 100 gigawatts of renewable energy by 2030, expanding its European presence further through strategic acquisitions and partnerships.

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Chennai mayor hints at rethink on Rs 3,500 crore waste-to-energy plant

Following councillor opposition and public petitions, the corporation will hold a review meeting before deciding the project's fate.

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India's solar sector grows stronger with 60 GW domestic manufacturing: Rubix Data Sciences

India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.

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India's solar sector grows stronger with 60 GW domestic manufacturing: Rubix Data Sciences

India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.

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Parminder Chopra takes additional charge as CMD of REC Ltd

The government has assigned additional charge of Chairman and Managing Director (CMD) of REC Ltd. to Smt. Parminder Chopra, who currently holds the position of CMD at Power Finance Corporation Ltd. (PFC), according to an official order issued by the ministry of power.

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Regulatory, financial hurdles impact India’s clean energy transition: Report

The study, titled ‘The Intersection of Power Sector Regulation & Sustainability Goals in India’, outlines the critical reforms needed to ensure a stable investment climate and policy certainty for renewable energy expansion.

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Chartered Speed to operate over 900 electric buses under Pradhan Mantri e-Bus Sewa scheme

The initiative aims to serve over 2.9 lakh passengers daily and create employment opportunities for more than 2,000 people.

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ISTS green open access growth at risk as transmission waiver deadline nears

The waivers, which currently allow C&I consumers to procure renewable energy from states with surplus generation at lower costs, will begin reducing from July 2025 and will be fully removed by June 2028, according to an analysis by JMK Research.

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ISTS green open access growth at risk as transmission waiver deadline nears

The waivers, which currently allow C&I consumers to procure renewable energy from states with surplus generation at lower costs, will begin reducing from July 2025 and will be fully removed by June 2028, according to an analysis by JMK Research.

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BCCL monetizes Dugda coal washery in Jharkhand

The initiative, undertaken under the guidance of the Ministry of Coal, marks the first-ever monetization of a coal washery in India.

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India’s petroleum product imports drop 17.5% in February, crude oil imports up 4.7%: PPAC

The increase in POL imports during the April-February 2024-25 period was 5.6%, driven primarily by higher imports of petcoke and liquefied petroleum gas (LPG).

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India’s electricity demand to touch 273 GW in 2025 – Can the grid handle the surge?

The study, prepared under the Electricity (Amendment) Rules, 2023, assesses the adequacy of generation resources to meet energy requirements throughout the year and highlights key challenges in ensuring grid stability.

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Brent crude oil prices projected to average $73 per barrel in 2025: Wood Mackenzie

The projection has been revised downward by $0.40 per barrel from the early February report, primarily influenced by OPEC+ production plans and U.S. tariff policies.

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As mercury soars, Delhi’s power demand set to hit new highs

With rising temperatures expected to push energy consumption to record levels, the power utility has arranged up to 2,850 MW to ensure uninterrupted supply.

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Maharashtra govt collaborates with IIT Bombay for solar cell efficiency with Perovskite tech

A 30% efficient perovskite-silicon tandem solar cell, developed by IIT Bombay, could revolutionise solar energy, with plans for a 300-MW pilot plant in Maharashtra.

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Adani investors should push for bond buybacks: Analysts

The new facility is reportedly borrowed at a weighted life of 19 years, and now carries a funding cost of 9.2%. The loan it refinanced was taken in 2021 to develop wind-solar hybrid projects.

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IIT Kanpur, Mars Antennas Ink MoU to develop smart EV chargers, hybrid inverters

The partnership aims to drive research and industrial collaboration in energy-efficient solutions for India’s growing EV and energy storage sectors.

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MERC gives approval for MSEDCL to procure over 7000 MW solar energy for farm lands

The Maharashtra Electricity Regulatory Commission (MERC) has accorded its approval for MSEDCL to procure over 7000 MW electricity on long term basis at low tariff of Rs 2.82 to Rs 3.10 per unit from solar generators.

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Developing 100 GW of nuclear energy by 2047 will require nearly Rs 15 lakh crore investment

Recent government announcements to amend nuclear energy and liability Acts aim to attract private capital amid huge financing needs for net-zero targets

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Wind-powered mast to cut emissions sets sail to Canada

A pioneering rigid shipping mast has set off on its first journey, harnessing the wind to propel a cargo ship from England to Canada and using less fuel to help reduce emissions. It harnesses the wind that hits its surface to propel the ship.

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Adani Green Energy committed to achieving net water positivity by FY2025-26

Adani Green Energy, India's largest renewable energy firm, on Sunday said it is committed to achieving net water positivity by FY2025-26, reducing its freshwater consumption across all operations.

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DVC's Rs 1,500 crore push to modernise power supply

Damodar Valley Corporation (DVC) unveiled a Rs 1,500 crore project to modernise power supply within its command area, primarily serving industries in West Bengal and Jharkhand.

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All municipal corpns in UP to develop solar cities: Chief Minister Yogi Adityanath

Chief Minister Yogi Adityanath announced all municipal corporations in UP would develop solar cities to minimise carbon emissions and promote conservation of environment.

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Terabase Energy secures $130 million to expand solar technology deployment

​The funding round, the largest in the company's history, brings Terabase Energy's total funding to $200 million. The company did not disclose the valuation at which the amount was raised.

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Renewables company Jakson Green lines up $1 billion for expansion

Jakson Green plans to invest up to $1 billion in its renewable energy portfolio over the next four years. The company aims to build a 5 gigawatt portfolio across solar, wind, batteries, and FDRE spaces, starting from FY27.

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Renewables company Jakson Green lines up $1 billion for expansion

Jakson Green plans to invest up to $1 billion in its renewable energy portfolio over the next four years. The company aims to build a 5 gigawatt portfolio across solar, wind, batteries, and FDRE spaces, starting from FY27.

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Govt launches initiatives to promote R&D in steel sector

The initiatives aim to increase steel production capacity to 300 MT by 2030 in the country.

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Govt launches initiatives to promote R&D in steel sector

The initiatives aim to increase steel production capacity to 300 MT by 2030 in the country.

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NTPC commissions 50MW MP solar project, group capacity reaches 77,461 MW

NTPC has commissioned the final 50 MW unit of the Shajapur solar project in Madhya Pradesh, raising its total installed capacity to 77,461.50 MW. The first 55 MW unit had already been operational since November 29, 2024.

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"Historic Day" Hardeep Singh Puri lauds clearing of Oilfields (Regulation and Development) Amendment Bill 2024 in LS

The Bill is set to amend the Oilfields (Regulation and Development) Act, 1948 which regulates the exploration and extraction of natural gas and petroleum.

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Adani Green shares in focus after 250 MW solar project goes live

AGEL recently posted a sharp 85% rise in consolidated net profit for the December quarter, reaching Rs 474 crore, compared to Rs 256 crore in the same period last year.

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NDMC aims for solar panels on every rooftop by 2026

The New Delhi Municipal Council is working towards 100% solar energy adoption by 2026, providing subsidies and installing solar panels on rooftops. Major initiatives include night sweeping, rainwater harvesting, anti-encroachment drives, and extensive CCTV coverage, aimed at enhancing civic infrastructure and sustainability.

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NBFCs seek FAME, PLI-like scheme to incentivise EV finance

The Finance Industry Development Council has requested a scheme to incentivise electric vehicle financing, pointing out that EV financing is a major bottleneck. The council proposed a dedicated fund for non-bank financial companies to finance EV loans with subsidised interest rates and called for initiatives similar to the FAME and PLI schemes.

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Israel promotes renewable energy at sea to boost energy security

Israel’s Energy Ministry issues a tender for a strategic environmental survey to explore renewable energy technologies like wave, wind, and solar power in its maritime space.

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Sunsure Energy in talks to raise Rs 5,000 cr in debt for renewable expansion plans

Sunsure Energy, backed by Partners Group, seeks ₹5,000 crore in debt funding this year for renewable energy expansion. The company plans to add 2.5 GW of capacity by 2027, with a total investment of ₹9,000-10,000 crore. Sunsure aims to raise about Rs 10,000 crore in debt within the next two years and has already secured ₹1,000 crore.

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