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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