Tag: POWER
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Power
India’s energy investment to hit USD 170 bn in 2026 on solar, grid and refining push: IEA
By PTI | New Delhi India’s energy investment is set to reach a record USD 170 billion in 2026, driven by rapid expansion in solar power and oil refining as the country accelerates efforts to meet rising energy demand and strengthen infrastructure for its clean energy transition. The International Energy Agency (IEA), in its World […]
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Coal India asks units to ramp up supplies as heatwave fuels record power demand
By Reuters | New Delhi State-run Coal India has asked its subsidiaries to ramp up coal supplies to power plants to avoid shortages as the country’s power demand hits a record high following an intense heatwave, two sources with direct knowledge of the matter said. Several regions in the country are facing power cuts, mainly […]
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Power
PFC net profit grows 3 pc to Rs 8598 cr
By PTI | New Delhi State-owned Power Finance Corporation (PFC) on Wednesday posted around 3 per cent rise in consolidated net profit to Rs 8,597.61 crore for the March quarter, supported by reduced expenses. The company had reported a net profit of Rs 8,357.88 crore in the same quarter a year-ago, the company said in […]
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NTPC Renewable Energy begins power supply from 270-MW unit of Gujarat solar project
By PTI NTPC Green Energy on Tuesday said that its arm NTPC Renewable Energy has begun the supply of electricity from a 270-MW unit, which is part of a 1,200-MW solar PV project in Gujarat. With the addition of this capacity, the total installed capacity of the NTPC Green Energy Limited Group will increase to […]
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India’s energy demand to surpass US in 2040s, China in 2060s: Shell scenarios
By PTI | New Delhi India’s role in the global energy system is set to expand significantly, with its energy demand projected to surpass that of the United States in the 2040s and overtake China in the 2060s, according to a new India-focused scenarios sketch released by Shell India. The analysis also indicates that fossil […]
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BHEL bags captive power plant order worth Rs 1,200-1,500 cr from SAIL
By PTI | New Delhi State-owned engineering firm BHEL on Tuesday said that it has received a power plant project worth Rs 1,200-1,500 crore from Steel Authority of India Ltd (SAIL). The letter of acceptance received for a captive power plant, which is part of a 4.08 MTPA crude steel expansion project of SAIL’s IISCO […]
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Adani Group Announces USD 100 Billion Investment in Renewable-Powered AI Data Centre Infrastructure by 2035
By Enersider Desk | New Delhi Adani Group, in an official statement, announced a USD 100 billion investment to develop renewable energy-powered, hyperscale AI-ready data centres by 2035, in what it described as one of the world’s largest integrated energy-compute commitments. The initiative aims to establish a long-term sovereign energy and compute platform to position […]
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REC, PFC Boards Approve In-Principle Merger Proposal
By Enersider Desk | New Delhi The boards of directors of REC Ltd and Power Finance Corporation Ltd (PFC) have granted in-principle approval to proceed with a proposed merger of the two public sector non-banking financial companies, in line with the announcement made in the Union Budget 2026–27. In her Budget speech, the Finance Minister […]
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SJVN commissions 70 MW Dhubri solar project in Assam
By Enersider Desk | New Delhi State-owned power producer SJVN Ltd has achieved commercial operation of its 70 MW Dhubri Solar Power Project in Assam, the company said in a statement. The project has been developed through SJVN’s wholly owned subsidiary, SJVN Green Energy Limited (SGEL), marking the company’s first operational project in the northeastern […]
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Adani Energy Solutions delivers 1 crore smart meters under power distribution revamp scheme
By Enersider Desk | New Delhi Adani Energy Solutions Limited (AESL) said it has delivered one crore electricity smart meters across multiple distribution companies (discoms), becoming the first company in the country to reach the milestone. The company said the next one crore smart meters are scheduled to be delivered in the coming financial year. […]
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