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International News

Restructuring of gasification assets to unlock value for RIL

February 13, 2022

Gasification Undertaking is proposed to be transferred, as a going concern on Slump Sale basis, by way of a Scheme of Arrangement.New Delhi: The restructuring ofgasificationassets will unlock value, provide flexibility for Reliance Industries Limited […]

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International News

Rajasthan leads in solar power capacity creation: MNRE data

February 13, 2022

According to the data released by the Union Ministry of Renewable Energy, Rajasthan has left behind Karnataka and Gujarat by developing more than 10 GW of solar power capacity as of 31st January 2022. Jaipur:Rajasthanstands […]

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International News

Ambani’s Reliance seeks to be world’s top blue hydrogen maker

February 12, 2022

So-called blue hydrogen is made using fossil fuels but captures the carbon dioxide formed during its production, and Reliance sees the conversion as a temporary measure until the cost of green hydrogen, produced from the […]

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International News

India hopes to replace diesel with green energy in its farms by 2024

February 11, 2022

India is hoping to cut diesel use by farms to zero and migrate the agriculture sector to renewable energy as early as 2024, the Power Ministry said. New Delhi:Indiais hoping to cutdieseluse by farms to […]

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International News

Reliance Power reports Rs 13.93 crore loss in December quarter

February 11, 2022

Total income dipped to Rs 1,858.93 crore in the quarter, from Rs 2,006.66 crore in the same period a year ago. New Delhi:ReliancePoweron Thursday reported a loss of Rs 13.93 crore for the December quarter, […]

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International News

Reliance completes acquisition of 40% stake in Sterling & Wilson Solar

February 11, 2022

RIL’s subsidiary Reliance New Energy (RNEL) acquired 10.37% of SWERL on Wednesday at a price of 375 per share. New Delhi:Reliance Industriessaid on Thursday it has completed the planned acquisition of a 40% equity stake […]

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International News

Renewable energy capacity addition rises 80% to 3.4 GW during December quarter

February 11, 2022

Compared to the preceding quarter (July-September), new non-hydro RE capacity additions fell 27 per cent on account of intensifying supply chain constraints. Renewableenergy capacity addition increased 80% to 3.4 gigawatts (GW) during the December 2021 […]

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International News

SC notes settlement, closes curative plea of GUVNL against Adani Power for termination of PPA

February 9, 2022

A five-judge Constitution bench headed by Chief Justice N V Ramana was told by Attorney General K K Venugopal, appearing for GUVNL, that a settlement has been arrived at between the state PSU and Adani […]

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International News

Adani, Gujarat Urja settle row over PPA

February 9, 2022

As per the settlement, Adani will resume power supply to the state-owned entity and withdraw a INR10,000 crore claim against Gujarat Urja. New Delhi: The Supreme Court on Tuesday disposed of a plea to reconsider […]

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International News

ReNew Power commissions Gujarat’s first wind-solar hybrid project

February 8, 2022

17.6 MW captive project established to supply clean energy at Vilayat tehsil in Bharuch district New Delhi:ReNew Poweron Tuesday said it has commissionedGujarat‘s first wind-solar hybrid project at the Chlor-Alkali unit ofGrasim IndustriesinBharuch, Gujarat. According […]

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