A report by the Energy and Resources Institute (TERI) suggests that solar power combined with storage is more cost-effective than constructing new thermal plants for round-the-clock electricity supply. The study analysed the per-unit cost of meeting the demand of BSES Rajdhani Power Limited (BRPL) using solar power combined with battery energy storage systems (BESS) and […]
EIB Global has announced $60 million in the India Energy Transition Fund, a new greenfield infrastructure fund, aiming to attract $300 million in private investment for India’s sustainable energy sector. The fund, managed by EAAA Alternatives, will invest in renewable energy, energy efficiency, transmission, electric vehicles, and circular economy projects. The fund aims to channel […]
Indian Renewable Energy Development Agency Limited (IREDA) reported a 41% increase in Q2 net profit to Rs 549 crore for Q2 FY26, compared to Rs 388 crore in Q2 FY25. The largest pure-play green financing NBFC in India, IREDA, recorded a 26% increase in revenue from operations to Rs 2,057 crore. Loan sanctions for the […]
India and the United Arab Emirates (UAE) have agreed to strengthen their Comprehensive Economic Partnership Agreement with a target of $100 billion for non-oil bilateral trade amid changing dynamics in world trade triggered by the sharp hike in US tariffs announced by US President Donald Trump. The issue was discussed at a meeting held by […]
Gujarat Chief Minister Bhupendra Patel met with Gurdeep Singh, Chairman and Managing Director of National Thermal Power Corporation (NTPC), in Gandhinagar on Wednesday and explored opportunities for collaboration in green and renewable energy projects. The discussions centred on expanding collaboration between the state and NTPC in mutually beneficial projects, particularly in the fields of renewable […]
New Delhi, July 31 (IANS) The installed wind energy capacity in India has touched the 51.67 GW mark as on June 30 this year, Minister of New and Renewable Energy Pralhad Joshi informed the Parliament on Wednesday. The addition of wind energy capacity in the country has been increasing steadily in the last three financial years […]
Mumbai, June 30 (IANS) NTPC Renewable Energy Limited, a wholly-owned subsidiary of NTPC Limited, on Sunday announced that it has fully commissioned 220 MW Unit II of the Shajapur Solar Project in Madhya Pradesh. The company announced the completion of the final phase — 120 MW capacity — through an exchange filing. With this, the entire […]
MRPL and EIL Sign Strategic MoA to Accelerate Growth in Refining, Petrochemicals, and Renewable Energy Sectors New Delhi, June 05: Mangalore Refinery and Petrochemicals Limited (MRPL) and Engineers India Limited (EIL) have entered into a landmark partnership by signing a Memorandum of Agreement (MoA) on June 3, 2025, at EIL Headquarters, New Delhi. The MoA […]
