Gensol Engineering net profit grows 29 pc to Rs 23 cr in Sep qtr
The company's total income rose to Rs 346.82 crore in the quarter under review, from Rs 304.87 crore in July-September quarter of preceding 2023-24 fiscal.
CM solar self-employment scheme takes off in Uttarakhand
The scheme is providing self employment opportunities to locals besides boosting the rural economy, Uttarakhand Chief Minister Pushkar Singh Dhami has said.
ADB approves 434.25 million USD loan to Indian state for energy security
The Asian Development Bank (ADB) on Thursday approved a loan of 434.25 million US dollars to increase renewable energy capacity and improve energy security in Assam.
Serentica Global plans 10 GW RE projects in Andhra Pradesh
During the meeting company officials shared the plan to establish 10 GW of renewable energy capacity with Andhra Pradesh's Minister for Education, IT, and Electronics Nara Lokesh.
JSW Energy net profit up marginally at Rs 853 cr in Q2
The total revenue during the quarter increased by 2 per cent (year-on-year) to Rs 3,459 crore from Rs 3,387 crore in the corresponding period last year.
NTPC partners with Indian Army for solar hydrogen microgrid project in Ladakh
Defence Minister Rajnath Singh laid the foundation stone for the project via video conferencing, alongside Chiefs of Defence Services, CMD NTPC, and senior officials from the Ministry of Defence, Indian Army, and NTPC.
Minister asks Andaman and Nicobar Islands administration to increase use of renewable energy
In his address, Lal emphasised the need for reducing dependence on diesel-based generation by increasing the share of renewable sources of power generation, especially wind energy, in the archipelago and working towards energy storage. This will result in a reduction per unit energy cost.
GAIL and VERBIO ink MoU to set up agri-residue-based compressed biogas plants
The MoU, signed in the presence of GAIL’s CMD Sandeep Kumar Gupta and VERBIO Group’s CEO Claus Sauter, aims to promote sustainable energy solutions and enhance agricultural waste utilization in India.
Essar Group appoints Manu Kapoor as group chief of public policy and corporate affairs
“We are delighted to welcome Manu Kapoor to the Essar family,” said Prashant Ruia, Director, Essar Capital. “As Group Chief of Public Policy and Corporate Affairs, Manu will focus on building and maintaining strategic relationships with stakeholders, including government bodies, regulators, media, and policymakers.
78% of energy sector CEOs optimistic about growth despite global challenges: KPMG Report
The report also underscores the rising importance of generative artificial intelligence (Gen AI) and Environmental, Social, and Governance (ESG) initiatives. It reveals that 79 per cent of ENRC CEOs believe Gen AI will not lead to job cuts but will instead require upskilling of existing employees. Additionally, 65 per cent expect a return on investment from Gen AI within three to five years.