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As most global markets enjoyed a rebound for no reason other than hopes that a resolution would be worked out in a matter of weeks, if not days to the tariffs tussle, India’s markets enjoyed their moment in the sun as well. The relief rally lifted almost all stocks, and our green energy pack rose […]
KPI Green Energy has terminated a 66.2 MW hybrid power project order received from Gujarat-based Sai Bandhan Infinium, which is preparing for an initial public offering (IPO). The order, awarded in 2024, was scrapped six months later due to changes in technical requirements, the company said in a regulatory filing. “The project, part of the […]
As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. India’s Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of India’s green energy stocks versus Chinese giants listed […]
The Ministry of New and Renewable Energy (MNRE) said that the work towards the production of renewable energy from ocean waves in India is still in a nascent state. The ministry recently brought up the issue before the Indian Parliament when asked about it. Shripad Yesso Naik, the Minister of State (MoS) for the ministry, […]
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Ltd. has presence in the renewable power and hydrogen generation business. Commensurate with our country’s growth challenges, the company has embarked upon an ambitious plan to attain a total installed capacity of 60 GW by 2032. NGEL is looking for experienced professionals for Renewable Energy area […]
IndiGrid, an Indian power sector Infrastructure Investment Trust (InvIT), has commissioned one of India’s first regulated utility-scale standalone Battery Energy Storage System (BESS) projects with a capacity of 20 MW / 40 MWh in Delhi – Kilokari BESS Private Limited (KBPL). KBPL has been designed to integrate renewable energy into the distribution level grid system, […]
Amit Jain, a senior business leader with over 30 years of experience in renewables, energy (power, oil & gas), and telecom infrastructure, has joined Aditya Birla Renewables as its new Chief Executive Officer (CEO). An EPC sector veteran, Jain has worked across renewable energy, oil and gas, chemical and process plants, power transmission, and telecom […]
The Ministry of Power (MoP) in its latest bidding rule update has amended norms under its Standard Bidding Documents (SBDs) to streamline the procurement of inter-state transmission services through tariff-based competitive bidding (TBCB). The latest provision aims to expand the area for developing the project to a 5-km radius. The revisions affect the Request for […]
After having apparently dodged the worst of the impact from US Tariff announcements today, there was no escaping the impact today. the Indian markets followed most global markets in going for a dive. Markets are clearly digesting the uncertainty of follow on actions on April 9 from the US spreading to more sectors, as well […]
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