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Adani's petchem plant close to Rs.17k cr lifeline

New Delhi, May 4 -- Adani Group's petrochemical plant at Mundra is closer to getting a fresh lease of life as a clutch of banks prepares to lend the project about Rs.17,000 crore, which is 60-70% of i... Read More


Adani to set up 5GW electrolyser unit for $3bn

New Delhi, May 3 -- Adani New Industries Ltd, which was selected for a pilot on indigenous technology-based electrolyser production under the National Green Hydrogen Mission, is looking to set up cumu... Read More


Cooling at full blast lifts power prices by a fourth in Apr

new delhi, May 3 -- Power prices on exchanges have jumped by a fourth in just a month, as persistent heatwaves forced homes and offices across the country to run power-guzzling cooling systems for lon... Read More


Adani Group eyes 5 GW electrolyzer capacity with up to $3 bn investment

New Delhi, May 2 -- Adani New Industries Ltd, which was selected for a pilot on indigenous technology-based electrolyzer production under the National Green Hydrogen Mission, is looking to set up a cu... Read More


Power prices on exchanges rise as soaring temperatures lift demand

New Delhi, May 2 -- Power prices on exchanges have jumped by a fourth in just a month, as persistent heatwaves force homes and offices across the country to run power-guzzling cooling systems for long... Read More


Mega coal power project to cost Rs.2.5-l cr

New Delhi, April 30 -- The Centre plans to set up six thermal power generation hubs capable of producing 30 GW of power even as India chases net-zero under an ambitious energy transition plan. With a... Read More


Mega coal power project to cost Rs.2.5 lakh crore

New Delhi, April 30 -- The Centre plans to set up six thermal power generation hubs capable of producing 30 GW of power even as India chases net-zero under an ambitious energy transition plan. With a... Read More


Amid renewables push, govt plans six coal-fired electricity hubs

New Delhi, April 29 -- As India embarks on its ambitious energy transition goals, the government plans to set up six thermal power generation hubs with a cumulative capacity of 30 GW. Land banks woul... Read More


Amid govt's renewables push, coal-fired power plants hold their own

New Delhi, April 29 -- As India embarks on its ambitious energy transition goals, the government's heading in the opposite direction to meet the country's ravenous energy needs, with plans to set up s... Read More


REC to lend Rs.1, 869 cr for 624 MW Kiru hydro project in Jammu & Kashmir

New Delhi, April 25 -- State-run REC Ltd has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) to provide it with a financial assistance of Rs.1,869.26 crore as a term loan... Read More