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India a keystone for Hitachi Energy supply chain amid global power crunch: CEO

New Delhi, Oct. 19 -- India has emerged as a cornerstone of Hitachi Energy's strategy to de-risk its global supply chain, as the company looks to diversify sourcing amid geopolitical conflicts and tra... Read More


Is India's solar power play facing its Icarus moment?

New Delhi, Oct. 19 -- For a country that recorded all of the world's it this April, India's ability to harness the sun's energy took decades to take off. It wasn't until 2011-12 that the country cross... Read More


Avaada plans Rs.40,000 crore capex for green ammonia, methanol plants

New Delhi, Oct. 17 -- Thailand's PTT group-backed Avaada plans to invest about Rs.20,000 crore each in a green ammonia plant in Odisha and a green methanol facility in Maharashtra, as it expands into ... Read More


Centre cuts windfall tax on diesel exports, raises levy on petrol

New Delhi, Oct. 16 -- The Centre has cut the windfall tax on diesel exports while raising the levy on petrol exports for the fortnight beginning 16 October, amid escalating tensions in West Asia and r... Read More


ADB, govt of Japan sign financing pact with AM Green Ammonia

New Delhi, Oct. 15 -- The Asian Development Bank (ADB) and the government of Japan have signed a financing agreement with AM Green Ammonia-a firm backed by the founders of Greenko-for its 1.1-million-... Read More


NTPC seeks Rs.1.5-trillion Rosatom tie-up for six nuclear reactors

New Delhi, Oct. 15 -- State-run NTPC Ltd has proposed developing six nuclear reactors in collaboration with Russian state-owned Rosatom at an estimated capital expenditure of Rs.1.5 trillion, two peop... Read More


How is the escalating war between Houthis and Saudi Arabia impacting oil market and India?

New Delhi, Oct. 12 -- New Delhi: Fresh attacks by Yemen's Houthi rebels on Saudi Arabia have once again rattled global oil markets. With Brent crude already trading above $100 a barrel, any further es... Read More


(Explainer) How is the escalating war between Houthis and Saudi Arabia impacting oil market and India?

New Delhi, Oct. 12 -- Fresh attacks by Yemen's Houthi rebels on Saudi Arabia have once again rattled global oil markets. With Brent crude already trading above $100 a barrel, any further escalation in... Read More


India may mandate locally made inverters, domestic battery components under next rooftop solar scheme

New Delhi, Oct. 12 -- India is considering requiring locally made inverters and a minimum share of domestic components in batteries under the next phase of its flagship rooftop solar scheme, new and r... Read More


Jio-bp raises petrol price by Rs.5 per litre, diesel up Rs.3

New Delhi, Oct. 11 -- Reliance Industries-backed Jio-bp has raised prices of petrol and diesel by Rs.5 and Rs.3 per litre, respectively, four people familiar with the development, including fuel pump ... Read More