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International News

Greenko, NIIF backed Ayana join hands for clean energy storage

February 14, 2022

The Hyderabad headquartered company that has been pivoting towards offering storage as an independent service from a pure play independent green power producer is building a network of four 50GWhrs or 10 GW storage capacity.New […]

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International News

ONGC logs multifold jump in Q3 profit on spike in oil, gas prices

February 13, 2022

Net profit of Rs 8,764 crore in October-December 2021 rose 596.7 per cent over Rs 1,258 crore net profit in the same period a year back, the company said in a statement.New Delhi: State-ownedOil and […]

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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

India headed for steep fuel price hike in March, Deloitte says

February 10, 2022 Mariel Alumit

“Because of the state elections, they haven’t increased the retail prices,” Debasish Mishra, partner at Deloitte, said in an interview with Bloomberg TV’s Haslinda Amin and Rishaad Salamat. NEW DELHI: Deloitte Touche Tohmatsu India expects […]

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