NEW DELHI: Waaree Renewable Technologies on Wednesday said it has secured an order worth Rs 1,233.47 crore to set up a ground-mount solar PV project of 2,012.47 MWp DC capacity. The order is awarded by a domestic company engaged in the development and implementation of renewable energy projects, a BSE filing said. According to the…
Sembcorp Industries on Wednesday said it has secured a 300 MW wind-solar hybrid project through its arm Sembcorp Green Infra from NTPC Ltd. The build-own-operate project is part of a 1.2GW bid issued by NTPC, a state-owned power giant, a company statement said. Sembcorp Industries (Sembcorp), through its wholly-owned renewables subsidiary Sembcorp Green Infra Pvt…
NEW DELHI: NTPC will focus on gigawatt (GW)-scale solar power projects and limit wind and battery storage projects to 10% of its renewable portfolio as the country’s largest coal-fired power producer chases a green dream of adding 60 GW green capacity by 2035.“NTPC is in generation, not distribution business. In large solar projects (usually in…
BAKU: The air pollution crisis in Delhi was discussed here on the sidelines of UN climate talks COP29 on Monday, with experts from the global health community urging India to chart a future that is not dependent on fossil fuels. They also called for reforms to ensure climate policies prioritise people, not polluters, by transitioning…
Adani Enterprises on Tuesday reported more than a seven times hike in its second-quarter profit due to the higher demand in its renewable energy sector even after the mainstream coal and mining sector facing a slowdown. Its revenue soared to 15.7 percent reaching Rs 226.08 billion.The company’s mainstay coal trading segment, on the other hand,…
NEW DELHI: Dominance of fossil fuels in electricity generation in India will end by the end of the decade said Reserve Bank of India in its latest report.The report also noted that the renewable energy is expected to cross 50 per cent share in electricity generation globally. It added that the energy transition has accelerated…
NEW DELHI: NTPC shares settled at an all time high at Rs 424 on BSE, surging over 2 per cent on Thursday, after its renewable energy arm, NTPC Green Energy, filed preliminary papers with Sebi to raise Rs 10,000 crore through an Initial Public Offering (IPO). The stock climbed 4.34 per cent to Rs 431.85…
HYDERABAD: Renewable energy player Fourth Partner Energy Limited (FPEL) has raised $275 million (approx. Rs 2280 crore) from a consortium comprising International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG (Deutsche Investitions und Entwicklungsgesellschaft mbH).While the World Bank Group’s IFC is investing $125 million, ADB will be infusing $100 million and Germany’s DEG will…
Chairman of Adani Group, Gautam Adani on Wednesday announced its plans to invest over $100 billion in energy transition projects and manufacturing capabilities to produce key components necessary for green energy generation.The chairman was addressing an event titled ‘Infrastructure – the Catalyst for India’s Future’ organized by Crisil. He stressed the immense potential of energy…
