Page 23 - Green Energy

Debt ratio at Adani's green firm needs 'watching' as it soars to 95.3%

Gautam Adani owned company's debt-to-capital ratio has soared to 95.3%, a level that is on the "higher side" for a private company

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

Undeterred by the absence of policy or supply chain, conglomerates, and RE companies are investing heavily in this new fuel.

IOC to spend Rs 2 trn for net-zero target by 2046: Chairman

Indian Oil Corporation (IOC), the nation's top oil firm, will invest Rs 2 lakh crore to achieve net-zero operational carbon emissions by 2046, its chairman Shrikant Madhav Vaidhya said on Thursday. The target set is in line with India's aim to reach net-zero emissions by 2070. IOC, which refines crude oil into fuel and manufactures petrochemicals, will use a combination of energy efficiency measures, electrification of processes and fuel replacement. "The company is embarking on a decarbonisation journey that will be crucial not only for the company's destiny but also for the planet," Vaidya said. "On the 99th year of India's independence (2046), IndianOil will be operationally independent of emissions." The investment of over Rs 2 lakh crore will help mitigate emissions to about 0.7 billion metric tonnes of carbon dioxide a year by then. Currently, IOC's greenhouse gas (GHG) emission, emanating majorly from the company's refining operations, is 21.5 million tonnes of carbon dioxi

Saudi betting on EV batteries may prompt others to announce ambitious plans

The world's oil capital, Saudi Arabia wants to go electric and get clean. To do so, it's getting its hands on minerals critical for batteries and taking a stake in the electric vehicle-supply chain

L&T to work across green energy value chain; to pump in $2.5 bn in 3-4 yrs

Investment to help it tap the entire value chain from manufacturing to EPC projects

Tata Power subsidiary raises Rs 2,000 crore in green energy push

The transaction is part of the Rs 4,000-crore investment announced in April by Tata Power for its green energy business

RIL annual report: Growth engines shifting to top gear, says Mukesh Ambani

5G coverage planning done in 1,000 cities, retail investments at Rs 30,000 cr

Proposed carbon credit mandate to open green avenues for industry

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

Major firms bet on Rajasthan's green power push, especially solar

Reliance Group leads the pack with plans to invest around Rs 1 trillion in solar power projects of 20,000 Mw in Jodhpur, Barmer, and Jalore, among other places

India Inc's green push gets a fillip with amended Energy Conservation Bill

Share of thermal energy for manufacturing companies almost 95%

Headwinds, tailwinds and renewables

The global energy story could see some positive twists yet

PM Modi to lay foundation of Rs 5k-crore NTPC green energy projects

Under the leadership of the prime minister, the government has taken multiple path breaking initiatives in the power sector, the statement said

Open access II: India's attempt to expand scope of green energy initiatives

The new guidelines expanding consumer choices to green energy will remain subject to the uncertainties and quirks of state policy

ONGC, partners to splash $ 6.2 billion on green energy projects

ONGC and its partners will invest $ 6.2 billion in green energy projects to produce carbon-free hydrogen and green ammonia as part of an ambitious decarbonization drive, officials said.

Adani Group to invest $70 bn in green energy, infra: Gautam Adani

Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders

Rooftop solar system on your mind? Check benefits, cost, and how to apply

In a rooftop solar plant, solar panels are mounted on top of a residential or commercial building

Green shift: Costs and opportunities

The tectonic changes underway in the energy ecosystem present the chance of a lifetime for investors

Hyderabad- based Greenko to offer energy storage through a cloud platform

Storage to be open access for any consumer to use, can own and invest in green energy projects

First I2U2 projects to promote agriculture, food, green energy in India

The first projects of the I2U2 will be located in India and help with agriculture, food and green energy, according to the joint statement of the four leaders after the group's launch

NMDC keen to invest in green energy capacities, says CMD Sumit Deb

Mining major NMDC has plans to invest in the renewable energy sector, said chairman and managing director Sumit Deb