Day: October 18, 2024
Rays Power Infra expands RE portfolio; secures projects worth Rs 940 crore
“We are thrilled to secure these projects… These projects reflect our vision to contribute to India’s green energy goals and showcase our ability to handle large-scale, technically advanced projects,” said Ketan Mehta, MD & CEO, Rays Power Infra.
India Inc.’s spending splurge may not trickle down
Indian conglomerates plan to invest $800 billion in the next decade. Most funding will go to existing businesses, but 40% will target new sectors like green hydrogen and electric vehicles. High interest rates, fiscal tightness, and local competition could pose risks. S&P sees execution and…
Government approves three pilot projects to use hydrogen energy in steel production under National Green Hydrogen mission
Earlier, the Ministry of New and Renewable Energy (MNRE) had issued guidelines for carrying out pilot projects in the steel sector as part of the mission
JSW Energy arms ink pacts to supply 1,200 MW solar-wind power to Maharashtra discom
JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, step-down subsidiaries of JSW Energy, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for state transmission utility (STU)-connected solar-wind hybrid capacity, according to a…
NSE-listed Oriana Power to invest Rs 10,000 cr in solar, green hydrogen, storage
“At present, we have an order book of over Rs 2,500 crore which is to be executed by November 2025,” he said in an exclusive interaction.
IIT Indore develops catalyst for economical production of pure hydrogen from methanol
According to the official, the catalyst helps produce pure hydrogen from methanol at 130 degrees Celsius, compared to more than 200 degrees Celsius through traditional methods. It can facilitate the production of one kilogram of hydrogen from 13 litres of methanol.
Coal ministry initiates solar energy, waste management programs under Special Campaign 4.0
So far, a total of 211 sites have benn cleaned covering 13,01,043 sq. ft. against the target of 62,08,064 sq. ft. Against target of 8,286 MT scrap, 3,516 MT of scrap has been disposed-off generating a revenue of Rs 83,709,707. Besides, 15,322 physical and electronic files have been reviewed and…
ISA to focus on investment, green jobs in global solar push: Pralhad Joshi
Speaking at the curtain raiser for the Seventh Session of the ISA Assembly in New Delhi, Joshi emphasised the importance of global collaboration to address energy access and climate challenges.
$215 billion needed for India’s green energy push as coal keeps dominance
Despite this rapid growth in renewables, coal remains the dominant player in India’s power generation sector. In fiscal 2023-24, coal accounted for 74.7% of the total electricity generated, a rise from 71.5% in 2020-21.