The company Suzlon Energy Limited has revealed that it has been fined ₹25 lakh by the Enforcement Directorate (ED), Mumbai Zonal Office-II. Concerning the set-off of long-term export progress, the penalty is related to a procedural item under FEMA, 1999. There will be no significant effect on the company’s finances, operations, or other commercial activities, […]
The ₹1 crore Personal Accidental Insurance claim under the Telangana Government Corporate Salary Account has been successfully disbursed by Union Bank of India, demonstrating the bank’s dedication to client confidence, security, and prompt support. The Hon’ble Chief Minister of Telangana presented the claim payout, which demonstrates the bank’s proactive measures to protect its customers’ funds […]
Jindal Steel Limited’s Angul Integrated Steel Complex in Odisha has been expanded to 6 million tonnes per year (MTPA) with the successful commissioning of the third Basic Oxygen Furnace (BOF-3) of 3 MTPA. The factory is currently one of the largest single-location integrated steel complexes in India, with a total crude steel capacity of 12 […]
Suzlon Energy Limited has been granted GAIL’s sixth repeat wind energy order, totalling approximately 100 MW, which signifies a significant milestone in GAIL’s shift towards renewable energy. This project will help GAIL achieve its projected decarbonisation goals for its petrochemical plants and will be carried out in the Nandurbar district of Maharashtra. With this order, […]
Today, Gujarat Urja Vikas Nigam Limited (GUVNL) and Tata Power Limited (TPL) executed a Supplementary Power Purchase Agreement (PPA) for GUVNL’s Mundra Plant. With the Mundra unit temporarily suspended from operations, the agreement seeks to stabilise and safeguard power supplies. Similar agreements are anticipated to be executed with the states of Maharashtra, Rajasthan, Punjab, and […]
With the addition of an extra 376 MWp, KPI Green Energy Limited (“KPI”) has reached a significant milestone in its Independent Power Producer (IPP) portfolio, which now stands at 965 MWp out of a planned 2.17 GWp. Several of the Power Purchase Agreements (PPAs) in the portfolio are 25 years or more in duration, and […]
Amidst rising geopolitical tensions, two ships flying the Indian flag are presently passing through the Strait of Hormuz with liquefied petroleum gas (LPG), which could mean that supply pressures in India are starting to ease. Jag Vasant and Pine Gas, according to ship-tracking data, have been granted safe passage and are now making their way […]
A quick shift towards cleaner fuel use was signalled by the issue of more than 3.5 lakh PNG connections for cooking in the first three weeks of March, according to the Indian government. The Ministry of Petroleum and Natural Gas has issued a statement stating that domestic LPG cylinder deliveries are proceeding normally, adding that, […]
An important step towards improving rail safety and operational efficiency has been taken by Indian Railways with the commissioning of the indigenous Kavach Automatic Train Protection system on the Prayagraj-Kanpur portion of the major Delhi-Howrah corridor. From Prayagraj to Kanpur, a distance of 190 route kilometres, the system is now operational. Between Subedarganj and Manauri, […]
Ministers, ambassadors, senior officials, and global energy leaders gathered at the India-Africa Strategic Partnership Meet during the Bharat Energy Summit (BES) 2026 in New Delhi to enhance cooperation in the power sector on a bilateral and international level. Strategic insights from NTPC Limited and Africa50 were presented after a warm welcome speech by Jitendra Srivastava, […]
