Page 46 - Energy Sector

Sales volume jumps 48% to 7,093 MU in June at Indian Energy Exchange

The electricity market achieved a volume of 21,340 million units (MU) during the first quarter (April-June), registering 44 per cent growth year-on-year.

NTPC declares its Energy Compact Goals for sustainability at UN dialogue

National Thermal Power Corporation (NTPC) has become the first energy company in the energy domain in India to declare its Energy Compact Goals as part of the UN High-level Dialogue on Energy (HLDE).

JSW Energy net profit remains flat at Rs 107 crore in March quarter

The board in its meeting on Friday recommended declaration of dividend of Rs 2 per equity share of Rs 10

Amara Raja carves out new biz unit, re-fashions as energy and mobility firm

The announcements by Amara Raja comes amid the thrust India's policy makers have been giving to electric mobility in its endeavour to reduce carbon emissions and reduce oil import bill.

French giant Total rebranded to reflect shift to broad Energy business

TotalEnergies, as it is now called, said it produces and sells energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity

SoftBank Energy India sale: Cautionary tale for foreign companies

Industry execs say ambitious plans couldn't match up to Indian policy environment

Revamp not to impact biz; in talks with global cos for large fields: ONGC

ONGC plans to acquire much larger acreage via open acreage licensing policy

Reliance Industries, other energy majors form hydrogen coalition

Led by domestic energy giant Reliance Industries, many global energy and industrial players on Tuesday came together to form a new energy transition coalition, called the India H2 Alliance (IH2A)

Taken steps towards making Rajasthan self-reliant in energy sector: CM

The Rajasthan government has taken many important steps towards making the state self-reliant in energy sector, Chief Minister Ashok Gehlot said on Saturday.

Capacity building at appropriate time is important, says ISA's Ajay Mathur

International Solar Alliance (ISA): We don't want to land in the same situation as that of fossil fuels when it comes to waste, said Mathur

Explained: Why 'atmanirbharta' flows against oil security for India

Instead of relying on negligible domestic deposits, India should be securing steady supplies from abroad

Expansion in newer business will reduce funding dependence: Coal India CMD

Competition from private players is not a worrying factor for CIL. Their role will be complementary to ours, said Pramod Agarwal

Indian shares slip on bond yield worries; energy stocks, oil rise

"Chances of foreign investors pulling out some money from emerging markets like India have strengthened as U.S. bond yield increases," said Gaurav Garg, head of research at CapitalVia Global Research

India, US energy partnership supports sustainable development: Official

Responding to a question on energy co-operation between India and the US, Price said the strategic energy partnership is strong and will continue growing even as admin prioritises climate change issue

Ashok Leyland increases clean energy sourcing to 60% for countrywide ops

The firm said it has increased the sourcing of clean energy to 60 per cent for its countrywide operations

Britain's Cairn files case in US to push India to pay $1.2 billion award

Cairn aims to enforce the award under international arbitration rules

State-owned GAIL acquires IEX's 5% stake in Indian Gas Exchange

The Indian Energy Exchange (IEX) on Tuesday said GAIL (India) Ltd has acquired five per cent stake of the IEX in its arm Indian Gas Exchange (IGX)

JSW Energy net profit down over 68% at Rs 124 cr in December quarter

The firm on Friday reported over 68 per cent dip in its consolidated net profit

Tech start-up Matter to launch electric vehicles, energy solutions in India

Matter, an Ahmedabad-based technology start-up, on Thursday said it would launch electric vehicles and a range of energy solutions in India starting 2021

India inks MoU with IEA for global energy security, sustainability

India on Wednesday inked a strategic partnership agreement with the International Energy Agency (IEA) to strengthen cooperation in global energy security, stability and sustainability. This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA, a power ministry statement said. "The Framework for Strategic Partnership between the IEA members and the Government of India was signed on 27th January, 2021 to strengthen mutual trust and cooperation & enhance global energy security, stability and sustainability," it said. The Memorandum of Understanding (MoU) was signed by Power Secretary Sanjiv Nandan Sahai and IEA Executive Director Fatih Birol. "The contents of the strategic partnership will be jointly decided by IEA members and India, including a phased increase in benefits and responsibilities for India as an IEA strategic partner, and building on existing areas of work within Association and the Clean .