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NTPC Ltd receives 13 bids for minority stake sale in Green Energy arm

NTPC has doubled its plan for non-fossil fuel sources based power to 130 Gw by 2032 at an estimated investment of $30 billion

Sector majors line up for power ministry's 10 mn smart meter tender

The first phase of the tender is for procurement of 25 lakh meters which would be installed in states in the Central and Western region of the country

Decoding Azure Power: India's first NYSE-listed renewables company

Stock tanks after new CEO's sudden resignation, whistle-blower complaint

Harsh Shah steps down as CEO of NYSE-listed RE firm Azure Power

Rupesh Agarwal, formerly with CESL and BDO, to take reins of Azure

RIL AGM: Mega expansion in new energy biz, Rs 75,000 cr for petchem

Chairman Mukesh Ambani also announces new gigafactory for power electronics, RIL set up India's first Carbon Fibre plant at Hazira with a capacity of 20,000 tonnes a year

Centre submits NDC climate target to UNFCC, eyes net-zero by 2070

No Sectoral Targets, 500 GW renewable energy target also dropped

Green hydrogen: India Inc's next big thing even as policies take shape

Even as policies and supply chain take shape, conglomerates and RE companies are investing heavily in this new fuel

12 states, J&K debarred from power trading over non-payment of dues

Firms cumulatively owe Rs 5,000 crore to gencos; Telangana has the highest amount of Rs 1,380 crore

India targets 900 million tonne coal production in FY23: Minister

With regards to commercial mining, coal minister Pralhad Joshi said 43 mines have been awarded during the last two years and that they will generate employment for nearly 32,000 people

ReNew Power raises $1 billion through ECB for battery-enabled project

Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings, tying up with 12 international banks for the finance.

India's self-reliance ambition in energy sector faces rising import hurdle

During the financial year 2021-22, India's petroleum imports was around 23.8 per cent of its gross imports and the country was dependent on imports for 86 per cent of its crude oil requirement

Centre proposes uniform tariff for renewable energy procurement by states

Monthly revision of rates for states to purchase RE

Captive power units turn to Russia as domestic coal supply fails to resume

Chennai-based India Cements has said that it has already imported two shipments of Russian coal due to shortage of domestic supply

Industry cheers, states clamour over Electricity Bill amendments

While this has irked electricity regulators in a few states, the industry is cheering the paradigm shift since it will push reforms and private investment in the power distribution sector

Electricity Bill introduced in Lok Sabha, referred to Standing Committee

House panel now to debate electricity Bill

Financial deficit of power distribution sector at highest ever: PFC

Annual rating reveals absolute cash-adjusted losses increased by 10% in the sector between FY19 and FY21

Proposed carbon credit mandate to open green avenues for industry

Market expected to grow to $200 billion; industry awaits further clarity on rules

Electricity Bill 2022 to push pvt investment in power distribution sector

Business Standard had reported recently that the Centre has dropped the proposal of privatising state-owned power distribution companies (discoms)

In power in both Punjab and Delhi, can AAP stub farm fires this winter?

Farmers are unconvinced about financial incentives; measures announced in previous years have had little impact

Amended Energy Conservation Bill seeks to build carbon credit market

Will also embrace green fuels, industrial energy efficiency