Page 3 - Nandini Keshari

PM Modi calls for global investment as power sector needs $2.2 trillion

PM Modi invites global investors to India's power sector, which needs $2.2 trillion over two decades to support energy transition and infrastructure expansion

Govt mandates domestic sourcing of solar wafers for manufacturers

Expansion of ALMM scheme to ingots and wafers will require projects to use domestic components from 2028, strengthening local manufacturing and reducing import dependence

Cabinet clears ₹2,585 crore scheme for small hydro power projects

Scheme aims to add 1,500 MW capacity and attract ₹15,000 crore investment while supporting states and improving grid reliability and clean energy output

Over 35 GW renewable capacity may face grid curtailment in FY27: Crisil

Crisil warns over 35 GW renewable capacity may face curtailment in FY27 due to slow transmission rollout, with TGNA projects bearing the bulk of the risk

₹1.65 trillion investment seen in India's transmission infra: Godrej

India's transmission infrastructure may see Rs 1.65 lakh crore investments over three years, creating significant EPC opportunities across substations, railways and renewables

New captive power rules to boost renewable energy adoption by industries

Industry says changes to captive power rules will make renewable projects more scalable, enabling group companies to access captive power benefits and boost clean energy adoption

ReNew's C&I arm secures $95 mn investment from LeapFrog-led consortium

LeapFrog Investments leads $95 million equity infusion into ReNew Green Energy Solutions to expand its commercial and industrial renewable energy platform

Govt amends captive power plant rules to clarify ownership provisions

The government has amended electricity rules governing captive power plants, clarifying ownership provisions and verification norms to reduce disputes and improve ease of doing business

Govt targets installing 39 lakh rooftop solar systems under PMSGMBY in FY27

The government plans to install 39 lakh rooftop solar systems with 11,700 MW capacity in FY27 under the PM Surya Ghar Muft Bijli Yojana, the MNRE informed a parliamentary panel

Reluctance of market participants hits gas trading volumes at IGX

Market participants turn cautious amid high LNG prices and supply regulation as West Asia conflict disrupts gas shipments and fuels uncertainty

Delhi peak power demand may cross 9K MW this summer amid heatwave fears

Power demand in Delhi may cross 9,000 MW this summer as above-normal temperatures and more heatwave days are forecast, with discom BSES preparing to meet higher electricity load

Have sufficient stocks to meet any unprecedented coal demand: Govt

India has adequate coal stocks at mines and power plants to meet any unprecedented demand, the coal ministry said, citing record inventory levels across the sector

Subdued power demand pulls down spot electricity prices by 18% in Feb

Weak demand and higher renewable generation dragged February spot power prices lower, even as electricity trade volumes jumped to a five-year high, reflecting strong market liquidity

India grapples with grid curtailment, biggest test yet on energy transition

Rising renewable energy capacity is straining India's grid, forcing curtailments and raising concerns over stability

Green hydrogen capacity to rise sharply in 2-3 years: MNRE director

India will see a rapid expansion of green hydrogen capacity over the next 2-3 years as new projects come online, with MNRE estimating growth from 8,000 tonnes to at least 200,000 tonnes

Marquee PSUs slipping on corporate governance standards, says survey

Survey flags gaps in independent directors, women representation, succession planning and SEBI compliance among Maharatna and Navratna companies

India, Canada sign $1.9 bn uranium pact to strengthen energy cooperation

India has signed a $1.9 billion uranium supply deal with Canada's Cameco for deliveries from 2027 to 2035, part of a wider strategic energy partnership spanning renewables and fuels

US solar duty shock may disrupt India's exports, spurs call for SEZ relief

With the US imposing a 125.87% duty on Indian solar equipment, industry players warn of export disruption and renew calls for SEZ manufacturers to sell in the domestic market without duty impact

Suzlon names Ajay Kapur Group CEO, elevates J P Chalasani to new council

Suzlon appoints Ajay Kapur as Group CEO and elevates J P Chalasani to its new Group Executive Council as the firm pursues its Suzlon 2.0 strategy to become a full-stack renewable energy provider

Cabinet clears higher equity limit for Powergrid to boost transmission push

Cabinet raises Powergrid's equity investment limit to Rs 7,500 crore per subsidiary, enabling greater participation in capital-intensive transmission projects and aiding renewable energy evacuation