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India, UK launch joint taskforce for development of offshore wind energy

NEW DELHI, Feb. 18 -- Union minister for new and renewable energy Pralhad Joshi and David Lammy, the deputy prime minister of UK, launched a taskforce for the development of offshore wind energy in In... Read More


British International Investment tops $1 billion climate investment target in India, backs EV firm Turno

NEW DELHI, Feb. 17 -- Development finance institution British International Investment (BII) on Tuesday said it has exceeded its commitment to invest $1 billion in climate finance during the 2022-2026... Read More


Torrent to acquire Nabha Power from L&T for Rs.6,889 cr

NEW DELHI, Feb. 17 -- Torrent Power Ltd has entered into a definitive agreement with L&T Power Development Ltd (L&TPDL), a wholly owned subsidiary of Larsen & Toubro (L&T), to acquire a 100% equity st... Read More


Indian solar equipment makers plan Rs.30,000 crore play for 50 GW of cell capacity to meet local sourcing mandate

New Delhi, Feb. 17 -- Indian solar equipment makers are lining up Rs.30,000 crore to create around 50 gigawatts (GW) of solar cell capacity in the next financial year (FY27) to comply with the governm... Read More


A tsunami of investment is brewing in India's solar cell sector

New Delhi, Feb. 17 -- New Delhi: India's solar manufacturers are preparing to invest about Rs.30,000 crore to build about 50 GW of solar cell capacity in fiscal year FY27, racing to comply with new lo... Read More


AM Group challenges tech giants with $25 billion green AI platform

New Delhi, Feb. 16 -- AM Group, the green energy conglomerate led by the Greenko founders, is developing a $25 billion High-Performance Compute (HPC) hub that aims to establish a 1-gigawatt (GW) artif... Read More


Torrent Power to acquire Nabha Power from L&T for Rs.6,889 crore

NEW DELHI, Feb. 16 -- Torrent Power Ltd has entered into a definitive agreement with L&T Power Development Ltd (L&TPDL), a wholly owned subsidiary of Larsen & Toubro (L&T), to acquire a 100% equity st... Read More


India adds a record 52.5 GW of power generation capacity so far in FY26

New Delhi, Feb. 15 -- Amid growing demand for power in the country, companies have installed a record power generation capacity of 52.53 GW in the country so far this financial year. The previous reco... Read More


Saudi Arabia India's top oil supplier in Feb as Russian flows recede after US trade deal

New Delhi, Feb. 14 -- Saudi Arabia has surpassed Russia as India's top oil supplier so far this month after a price cut, signalling New Delhi's effort to reduce imports from Moscow after its trade pac... Read More


Saudi Arabia India's top oil supplier in February

New Delhi, Feb. 14 -- Saudi Arabia has surpassed Russia as India's top oil supplier so far this month after a price cut, signalling New Delhi's effort to reduce imports from Moscow after its trade pac... Read More