Commercial LPG cylinder price cut by ₹51.50; new rates effective from Sept 1

This cut offers relief to commercial consumers, continuing a trend of price reductions since June. Domestic cylinder prices, however, remain unchanged.

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PM Modi hails Bihar's 'Solar Didi', urges citizens to adopt solar power

Prime Minister Narendra Modi on Sunday narrated the inspiring story of Devki, fondly known as Bihar's 'Solar Didi', who transformed her village in Muzaffarpur through the use of solar pumps that boosted irrigation and enhanced the income of farmers.

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SBI and AFD sign 100 million euro Line of Credit to boost green financing in India

State Bank of India (SBI) has secured a EUR 100 million Line of Credit from Agence Francaise de Developpement (AFD) to bolster climate mitigation and adaptation efforts.

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Adani Power to develop 800 MW thermal power plant in Madhya Pradesh for ₹10,500 cr

The project, awarded through competitive bidding at ₹5.838 per KWh, aims to meet India's rising power demand and enhance energy security.

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ONGC to keep buying Russian oil, lines up ₹66,000-cr projects and bp-backed output push

State-run Oil and Natural Gas Corporation (ONGC) on Friday said it will continue to buy Russian oil as long as it is commercially viable.

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India, Japan sign MoC to strengthen cooperation in critical minerals supply chains

The MoC between the Ministry of Mines and Japan’s Ministry of Economy, Trade and Industry (METI) was exchanged during the 15th India-Japan Annual Summit in Tokyo, attended by Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba.

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Meenakshi Energy’s 1,000 MW thermal power plant fully operational

The facility, comprising two 350 MW and two 150 MW units, was acquired by Vedanta in 2023. Both 150 MW units were stabilised earlier this year, followed by the recent commissioning of the two larger units, restoring full capacity.

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Bengaluru’s first floating solar park drifts without bidders since 2022

Karnataka Power Corporation Ltd (KPCL) planned to harness solar power at its Yelahanka Combined Cycle Power Plant (YCCPP) in June 2022, claiming it would be Bengaluru's first floating solar photovoltaic (FSPV) power plant.

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Acme Solar Holdings plans ₹3,000 cr fundraise in multiple tranches

Acme Solar Holdings board on Wednesday approved a proposal to raise ₹3,000 crore in multiple tranches.

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REC loan sanctions at ₹3.37 lakh crore in FY25, disbursements touch ₹1.91 lakh crore

The company’s loan book grew 11 per cent year-on-year to ₹5.67 lakh crore, while its net worth stood at ₹77,638 crore, a 13 per cent increase over the previous year.

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REC loan sanctions at ₹3.37 lakh crore in FY25, disbursements touch ₹1.91 lakh crore

The company’s loan book grew 11 per cent year-on-year to ₹5.67 lakh crore, while its net worth stood at ₹77,638 crore, a 13 per cent increase over the previous year.

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Energy storage key to saving consumers Rs 60,000 crore annually in power costs, IECC study finds

India has surpassed 50% of its installed power capacity from non-fossil sources, achieving this milestone five years ahead of schedule. A new study emphasizes that scaling up energy storage is crucial for meeting 2030 goals cost-effectively. It recommends deploying 500 GW of clean energy by 2030, requiring significant investment in generation and grid infrastructure, and bold policy actions.

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ONGC plans trading unit to streamline crude and fuel operations: OVL MD

Gupta said the proposal is at a conceptual stage and a group has been formed to study the modalities, including operational and legal frameworks.

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India adds 18 GW solar capacity in H1 2025, up 31%: Report

In the April-June quarter alone, 11.3 GW of solar capacity was commissioned, up 66.9 per cent from 6.8 GW in the previous quarter and 145.4 per cent higher than 4.6 GW in Q2 2024.

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Solar leads India’s 234 GW renewable mix; 14.3 GW added in H1 2025: Report

The report highlighted that the project pipeline for solar, wind, hybrid, and storage projects stands at around 148 GW, likely to be commissioned in the next four to five years. Another 74 GW of projects are in the bidding phase.

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Vikram Solar shares make tepid market debut

The stock opened for trading at ₹338 apiece, up by 2.41 per cent on the NSE.

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Jakson Group’s arm to invest over ₹8,000 crore in 6-GW integrated solar manufacturing plant

The first modules from the plant are expected to roll out by May 2026 followed by cells in September 2026

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Why power prices plunged to near zero in IEX real-time market

The sharp decline reflected surplus availability of renewable power and improved liquidity on the exchange.

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India’s crude oil output dips 0.7% in July, POL product exports down 2%

Data showed that 75.3 per cent of the output came from nomination fields, 13.8 per cent from pre-NELP fields and 10.8 per cent from NELP fields.

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Greenzo Energy bags R&D order from Engineers India for hydrogen electrolyser project

The project is expected to support the development of scalable indigenous hydrogen solutions for use in sectors such as refineries, fertilisers, steel and cement.

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Govt pushes local manufacturing for renewable energy growth

India is bolstering domestic renewable energy manufacturing through PLI schemes, ALMM lists, and industry collaborations, aiming for significant capacity addition and potential exports.

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ET WLF 2025: Govt pushes local manufacturing for renewable energy growth

Experts see data centers and EVs driving clean energy demand. Technology advancements will determine the future energy mix.

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PLI scheme powers auto sector with ₹67,690 crore committed investments, EV focus

The focus spans EV batteries, hydrogen fuel cells, flex-fuel engines and other green technologies, in addition to strengthening the country’s traditional automotive base.

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Banaras Locomotive Works installs solar panels on tracks, focuses on green energy

In a significant step towards sustainable rail operations, Banaras Locomotive Works (BLW) has become the first unit in Indian Railways to install solar panels between operational railway tracks.

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Indian solar sector may face oversupply by 2027: SBI Capital

While module manufacturing has expanded significantly, cell production lags behind, potentially increasing project costs. Government initiatives like PLI aim to boost domestic manufacturing across the solar value chain.

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US, EU sanctions hit Nayara Energy's EPC operations

Sanctions imposed by the EU and the US are affecting Nayara Energy's EPC work, leading Technip Energies and PT Timas Suplindo to withdraw from tenders.

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Flash-charging buses, hydrogen trucks to redefine India’s transport future: Gadkari

The Union Minister, speaking at the World Leaders Forum, highlighted the multiple initiatives the government has taken to secure India's mobility future, including handing out the first tender for flash-charging buses to Tata Motors, roll-out of hydrogen truck trials, among others.

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Flash-charging buses, hydrogen trucks to redefine India’s transport future: Gadkari

The Union Minister, speaking at the World Leaders Forum, highlighted the multiple initiatives the government has taken to secure India's mobility future, including handing out the first tender for flash-charging buses to Tata Motors, roll-out of hydrogen truck trials, among others.

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Premier Energies begins commercial operations of ₹642-cr solar cell line

Premier Energies has commenced commercial operations of its new 1.2 GW solar cell line. The plant is located in Hyderabad, Telangana. The company invested ₹642 crore in this project.

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Premier Energies begins commercial operations of ₹642-cr solar cell line

Premier Energies has commenced commercial operations of its new 1.2 GW solar cell line. The plant is located in Hyderabad, Telangana. The company invested ₹642 crore in this project.

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India needs $467 billion climate finance by 2030 to decarbonise 4 key sectors: Study

The report suggests incentivizing private investment and strengthening regulatory frameworks.

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NTPC Green commissions 49 MW capacity at Khavda solar project

This follows the successful commissioning of the third part of the 300 MW project. Earlier, parts with capacities of 142.2 MW and 32.8 MW became operational in June.

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China races to build world's largest solar farm to meet emissions targets

China's carbon emissions show signs of decline, potentially peaking before the 2030 target, driven by massive solar installations, including a massive solar farm on the Tibetan plateau.

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PFC signs €150 million loan agreement with Germany’s KfW to fund distribution reforms under RDSS

The proceeds will be utilised for projects aimed at improving the operational and financial efficiency of power distribution companies across the country.

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India’s EV fast chargers to rise from 14,000 to 1.1 million by 2040: Report

Globally, the number of EV charging ports is expected to increase at a 12.3per cent CAGR from 2026-2040, reaching 206.6 million ports. The residential charging market will continue to dominate, with 133 million ports worldwide by 2040.

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Solar push: India records 100% rise in cleaning service searches, 173% in dealer searches

Searches for solar panel cleaning services doubled across India in the same period. Delhi (+92 per cent) and Lucknow (+77 per cent) registered the sharpest rises, followed by Ahmedabad (+63 per cent) and Vadodara (+43 per cent).

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Solar push: India records 100% rise in cleaning service searches, 173% in dealer searches

Searches for solar panel cleaning services doubled across India in the same period. Delhi (+92 per cent) and Lucknow (+77 per cent) registered the sharpest rises, followed by Ahmedabad (+63 per cent) and Vadodara (+43 per cent).

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Inox Wind sells ₹175 cr stake in EPC subsidiary at ₹7,400 cr valuation

Inox Wind has sold a stake in Inox Renewable Solutions for ₹175 crore. The valuation of the subsidiary is ₹7,400 crore.

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Why wind turbines and bioenergy are the new power couple of India’s green push

India’s renewable energy landscape is undergoing a quiet but decisive transformation. In recent weeks, the Ministry of New and Renewable Energy (MNRE) has announced two major policy shifts—one focusing on wind turbine manufacturing norms and the other on bioenergy reforms.

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Oil import bill drops to $9.4 bn in July from $11.4 bn last year

Of the total production, 75.3 per cent came from Nomination fields, 13.8 per cent from Pre-NELP fields and 10.8 per cent from NELP fields.

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Waaree-Enel Green Power deal nears collapse amid disputes over unmet conditions

Waaree Energies’ planned acquisition of Enel Green Power India is close to falling apart due to disagreements over unmet conditions in their January agreement. Both parties are now negotiating a breakup, but the discussions are reportedly tense.

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Coal still 54% of Asia’s power mix; ammonia co-firing seen as transition tool

The consultancy said China, Indonesia, Japan and South Korea are emerging as the main centres of ammonia co-firing, which blends low-carbon ammonia with coal or natural gas for power generation.

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Gentari ties up with UltraTech Cement to launch on-site Hybrid RTC renewable energy project

It integrates solar, wind, and a battery energy storage system on a single site, designed to provide consistent and reliable green power to the integrated cement manufacturing unit.

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CleanMax files DRHP with SEBI for ₹5,200 crore IPO

The IPO is a mix of fresh issue of shares up to ₹1,500 crore and an offer-for-sale up to ₹3,700 crore

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Policy support key to unlocking Punjab’s untapped renewable energy sector

The president of the Association of Trade and Industrial Undertakings (ATIU), Pankaj Sharma, said at a recent industry meeting that the state could position itself as a leader in clean energy if awareness, handholding, and supportive policies from the Punjab govt are put in place.

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CM Yogi inaugurates UP’s first green hydrogen plant in Gorakhpur

Built by Torrent Group, it will have an annual production capacity of 72,000 tonnes per annum.

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Cautious Indian refiners wait on Russian oil amid US tariff uncertainty

While concerned about market tightening and price increases from a hasty shift away from Russian supplies, they are closely monitoring developments and relying on their own market assessments, as the government has not issued specific directives.

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Left in the dark: Western UP’s migrant workers lose light, faith with unmaintained solar panels

Once a symbol of self-reliance, solar panels in Aligarh’s brick kiln colonies are falling into disrepair due to poor upkeep, lack of guidance and rising pollution — leaving migrant workers disillusioned and returning to kerosene lamps for survival.

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Trump administration unveils stricter subsidy rules for wind, solar projects

The changes are in response to an executive order Trump issued last month directing the Treasury Department to restrict tax credit eligibility unless a substantial portion of a facility is built

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Papum Pare to Singrauli: India maps fresh hotspots for rare earth metals amid China concerns

While new discoveries offer hope, diversifying supply chains and boosting domestic production are crucial. The government is incentivizing local mining and pursuing international collaborations to secure critical mineral access and foster innovation.

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India is ahead in clean energy commitments, achieves 2030 goal five years early

Marking Independence Day celebrations, the Prime Minister announced and hailed the achievement as a pivotal step towards an Atmanirbhar Bharat in the energy sector, underscoring the country's transformation from a fossil-fuel-dependent importer to a global clean energy leader.

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Trump says no imminent plans to penalise China for buying Russian oil, while India stares at looming 50% tariff

Following a meeting with Russian President Vladimir Putin in Alaska, U.S. President Donald Trump stated he doesn't foresee the immediate need for retaliatory tariffs on countries purchasing Russian oil.

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Oil settled nearly $1 lower as Trump-Putin talks loom

Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader Vladimir Putin, which could lead to an easing of the sanctions imposed on Moscow over the war in Ukraine.

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India meets 50%clean energy goal 5 years ahead of schedule; PM Modi launches critical minerals and deepwater exploration missions

In his address from the ramparts of the Red Fort on the 79th Independence Day, Modi said the achievement was the result of rapid progress in solar, nuclear, hydro and hydrogen energy projects.

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Jakson Green bids record low price to supply green ammonia under SIGHT scheme

A record price of Rs 50.75/kg discovered for supplying green ammonia to fertilizer firm Coromandel International’s Kakinada facility. It is the lowest price discovered in any such tender so far, beating NTPC Renewable Energy’s Rs 51.8/kg offer for supply of 70,000 tonnes to Krishna Phoschem’s Meghnagar facility.

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India targeting tenfold rise in nuclear energy by 2047: PM Modi

Addressing the nation from the ramparts of the Red Fort on Independence Day, he said India is taking major initiatives in the field of nuclear energy while keeping the energy needs of the future in mind.

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India hits 100 GW solar PV module capacity — what it means for clean energy and industry

The 100 GW figure represents the total capacity of solar PV modules enlisted under the Approved List of Models and Manufacturers (ALMM) — a registry created by the Ministry of New and Renewable Energy to ensure quality, transparency, and domestic capability in the sector.

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India hits 100 GW solar PV module capacity — what it means for clean energy and industry

The 100 GW figure represents the total capacity of solar PV modules enlisted under the Approved List of Models and Manufacturers (ALMM) — a registry created by the Ministry of New and Renewable Energy to ensure quality, transparency, and domestic capability in the sector.

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Alpex Solar to set up 1.2 GW module plant in Mathura, total capacity to reach 3.6 GW

The company’s board has approved the ₹110 crore project, which will be funded through internal accruals and credit facilities.

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SECI cancels two offshore wind energy tenders

The tender to set up a 500 MW offshore wind energy project was issued in September last year while the final closing date for bids was August 4 this year for offline submission.

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Thermax ties up with Norway’s HydrogenPro to indigenise alkaline electrolysers for green hydrogen projects

Thermax will have exclusive rights in India for the supply, installation, commissioning and after-sales services of alkaline electrolyser systems based on HydrogenPro’s technology.

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Thermax ties up with Norway’s HydrogenPro to indigenise alkaline electrolysers for green hydrogen projects

Thermax will have exclusive rights in India for the supply, installation, commissioning and after-sales services of alkaline electrolyser systems based on HydrogenPro’s technology.

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Explained: Why govt is defending E20 petrol — and what the numbers show

A NITI Aayog study cited by the ministry shows ethanol from sugarcane emits 65% less greenhouse gases than petrol, while maize-based ethanol emits 50% less.

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Ambanis lead 2025 Hurun India Most Valuable Family Businesses list with valuation near one-twelfth of India’s GDP

The Kumar Mangalam Birla family rose to second place at ₹6.5 lakh crore, while the Jindal family entered the top three with ₹5.7 lakh crore.

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Gas reserves dwindling, future lies with solar energy: Tripura power min

He said four of the five gas-based power plants in the state have witnessed a dip in production.

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Oil gains as US-China tariff pause extension boosts trade hopes

Oil prices experienced a rise following the United States and China's decision to extend a pause on higher tariffs, alleviating concerns about a potential trade war escalation that could negatively impact economic growth and reduce fuel demand.

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Biomass co-firing by thermal plants saves over 35 lakh MT CO₂, stubble burning in Punjab down 80%

As of mid-2025, 11 thermal power plants (TPPs) in the National Capital Region (NCR) and 71 nationwide have adopted biomass co-firing, resulting in savings of 25.79 lakh MT CO₂ in NCR and 34.77 lakh MT across the country.

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Rajasthan govt to add 4 air quality monitoring stations in NCR region

The state government has been proactively taking measures to combat air pollution problems in the sub-region.

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The crude oil market bets Trump's India threats are hollow

Trump aims to pressure Russia before meeting Putin. India might stop buying Russian oil to avoid tariffs. The market expects India to find alternative oil sources.

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India's energy sector is rising through global uncertainty: Hardeep Puri

Petroleum and Natural Gas Minister Hardeep Singh Puri said on Sunday that India's energy sector is rising through global uncertainty with the reforms that have been rolled out in the oil and gas sector.

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Rail hub in Obedullaganj will go green, create 5k jobs: CM

CM Mohan Yadav on Saturday announced that the upcoming "Brahma" rail coach manufacturing unit at Obedullaganj will operate entirely under the "Make in India" and "Atmanirbhar Bharat" framework, with most technology and materials sourced domestically to cut foreign dependence.

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Indian refiners can do without Russian oil, but with trade-offs

Indian refiners, heavily reliant on discounted Russian oil for high distillate yields, face significant economic and strategic challenges if supplies are disrupted.

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Global energy storage funding falls 41% to $9.1 bn in H1 2025: Report

The decline was attributed to policy uncertainties and tariff announcements that impacted financing activities.

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India sources more LNG from UAE in push for green energy

India has sourced more liquefied natural gas (LNG) from the United Arab Emirates with public sector oil giant Hindustan Petroleum Corporation Limited (HPCL), signing a 10-year supply agreement with state-owned ADNOC Gas as part of the deepening energy partnership between the two countries.

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RIL commissions 1 GW plus solar panels with BIS certification

In their latest annual report 2024-25 on Green Energy projects, the company has set a milestone of producing 10 Giga watt solar PV modules, including cells, glass, wafer, ingot and polysilicon.

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India's IOC buys 5 million barrels of crude for Oct delivery, sources say

IOC bought 2 million barrels of U.S. Mars crude, 2 million barrels of Brazilian grades and another 1 million barrels of Libyan crude on a delivered basis via a tender, the sources said.

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Coal ministry seeks stakeholder inputs to push domestic production, simplify clearances

The meeting, chaired by Union Minister of Coal and Mines G. Kishan Reddy, was attended by Minister of State for Coal and Mines Satish Chandra Dubey, Coal Secretary Vikram Dev Dutt, Additional Secretary and Nominated Authority Rupinder Brar, CMDs of coal and lignite PSUs, and representatives from the private sector.

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Reliance Industries warns geopolitical tensions, tariffs may threaten global trade

Highlights volatility of crude prices due to evolving sanctions, changing tariff regimes, and production decisions by OPEC and non-OPEC

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JSW Neo Energy, Blackstone, other cos line up for Statkraft wind-down

JSW Neo Energy, Blackstone, and KKR-backed Serentica Renewables have submitted binding financial bids for Statkraft's wind and solar energy assets in India, following a three-month due diligence process.

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Global petrochemical EBITDA margin falls to 12% in 2024, M&A activity rises amid overcapacity

The report stated that more than 300 M&A deals were announced globally in 2024 as companies faced persistent overcapacity, weak demand growth, and mounting geopolitical and climate-related challenges. Return on capital employed (ROCE) dropped from 8per cent in 2019 to 4per cent in 2024.

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Explained: Why India’s Russian oil savings are shrinking — and what it means for the economy and trade

Once a windfall, discounted Russian crude now offers limited gains, with falling price gaps and rising geopolitical headwinds threatening refiners’ margins and export access.

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India second in global coal mining pipeline with 329 MTpa capacity under development: GEM

Of the 329 MTpa capacity, 163 MTpa is in the early planning stage, 90 MTpa has received permits, and 75 MTpa is currently under construction.

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OPEC+ to hike output by 547,000 bpd from Sept; India’s medium crude demand seen rising 1 mn bpd by 2030

Brent crude futures stayed in the $68–69 per barrel range on Monday, with bearish sentiment after the OPEC+ supply announcement and ahead of possible US measures targeting Russian oil buyers from August 8. Most of Russia’s barrels are going to China and India.

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BDO appointed receiver for Evergreen Power's Mauritius arm

In Mauritius, receivers are typically appointed when creditors make claims on a company. "As a policy, Evergreen Power does not comment on market speculation or matters involving internal corporate structure or investor arrangements," the company said in a statement in response to ET's queries on the matter.

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IEX logs record 12,664 MU power trade in July, RTM volumes up 53%

The Indian Energy Exchange (IEX) recorded its highest-ever monthly electricity traded volume of 12,664 million units (MU) in July 2025, including the Term-Ahead Renewable Attribute Segment (TRAS), reflecting a 25.5 per cent increase year-on-year.

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EV penetration in India rises to over two-fifth of global levels: NITI Aayog

The report, titled ‘Unlocking a $200 Billion Opportunity: Electric Vehicles in India’, highlights India’s growing EV penetration which, as per the data, was about one-fifth of global penetration in 2020 and crossed two-fifth of the global average in 2024.

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Fadnavis Sets Deadline for 5,000 MW Solar Push Under Flagship Agri Feeder Plan

Calling it his ‘dream initiative', the CM told officials to treat the issue with urgency and efficiency.

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Centre plans entry norms for private sector in nuclear power push

The move aims to boost clean energy capacity from 8.8 GW to 100 GW by 2047 under Viksit Bharat.

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Union minister Meghwal inaugurates 500 kW rooftop solar plant in Delhi Assembly, launches NeVa

Delhi Assembly marked a milestone in environmental sustainability and digital governance on Sunday by becoming the first legislature in the country to run entirely on solar energy.

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Energy dept’s nod to buy 630MW solar power leads to controversy

A decision taken by Rajasthan energy department's board on May 26 to buy 630 MW solar power has turned into a raging controversy, with the state energy minister now talking of an investigation and not entering into any power purchase agreement till the probe is over.

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Gujarat sees 50% surge in solar power, becomes India’s fastest-growing state in FY25

Over just two years, Gujarat nearly doubled its solar output, which stood at 10,335.32 MUs in FY23, signalling its rapid transition to renewable energy.

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Chandigarh’s solar boom: Renewable energy capacity grows 18-fold in a decade

Solar power is the foundation of renewable generation in the city. As of July 2025, solar power generation plants have been installed on 10,988 buildings across the city.

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India to maintain Russian oil imports despite Trump threats

On top of a new 25 per cent tariff on India's exports to the US, Trump indicated in a Truth Social post last month that India would face additional penalties for purchases of Russian arms and oil.

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Energy storage to hit record high

India's energy storage sector witnessed a record surge in July, with states tendering 8.1 GWh of capacity. Auctions revealed a record low tariff of ₹3.13 per unit for solar-plus-storage projects. This growth is driven by states seeking round-the-clock energy and utilizing the new viability gap funding scheme for battery energy storage systems.

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Gujrat fastest growing solar power state

The state nearly doubled its solar output in two years, ranking second nationally behind Rajasthan. Policy support, favorable business conditions, and industrial interest, along with solar park investments and falling panel prices, have fueled this rapid renewable energy transition.

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Telangana aims for 50% green cover by 2047 in guv’s climate push

Echoing the vision of Prime Minister Narendra Modi, who has united the global community on climate action and continues to lead efforts both domestically and internationally, the governor stressed the urgent need for coordinated action across key sectors.

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Nayara looks inward as overseas options shrink

Nayara Energy faces challenges due to sanctions linked to Rosneft's stake. The company is offering its petrol and diesel export volumes to Indian Oil Marketing Companies. Refinery run rates have been reduced to around 80 per cent.

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Trump tariffs: Renewable energy industry sees short-term pain, long-term manufacturing opportunity

India has been ramping up efforts to reduce import dependency and become a global hub for clean energy manufacturing. According to experts, the US tariffs could accelerate that process.

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New wind turbine norms mandate local sourcing, data control

A technical team constituted by MNRE will carry out inspections, and a separate standard operating procedure will be issued.

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China's solar giants quietly shed a third of their workforces last year

Longi Green Energy, Trina Solar, Jinko Solar, JA Solar, and Tongwei , collectively shed some 87,000 staff, or 31 per cent of their workforces on average last year.

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