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Megha Engineering wind contract to develop $225.5 mn gas-sweetening plant in Kuwait

New Delhi, Oct. 17 -- Megha Engineering and Infrastructures Ltd has secured a $225.5 million project from Kuwait Oil Company to develop a gas sweetening and sulphur recovery facility in the West Kuwai... Read More


Global power sector struggling on broken supply chains, component crunch: Hitachi Energy CEO

New Delhi, Oct. 16 -- With the global energy transition running into political and supply-chain roadblocks, the world's power sector is facing a critical shortage of transformers and other key compone... Read More


Mint Explainer | Russian oil, rising prices, and the tough energy choices India faces

NEW DELHI, Oct. 16 -- Global crude oil prices rebounded from a five-month low after US President Donald Trump said Indian Prime Minister Narendra Modi had promised to halt purchases of Russian barrels... Read More


India's solar waste crisis: CEA pushes for urgent recycling action

New Delhi, Oct. 15 -- India's apex power sector planning body has called for the recycling of solar photovoltaic (PV) modules and their lifecycle management amid supply-chain issues and environmental ... Read More


Mint Explainer: Why does India plan to spend Rs.6.42 trillion to tap the Brahmaputra's hydro potential?

New Delhi, Oct. 15 -- India plans to set up 208 hydropower plants on the Brahmaputra with 64.9GW of power generation capacity and 11.1GW of pump storage capacity by 2047 to establish its downstream ri... Read More


Mint Explainer: Why does India plan to spend Rs.6.42 trillion to tap Brahmaputra's hydro potential?

New Delhi, Oct. 15 -- India plans to set up 208 hydropower plants on the Brahmaputra with 64.9GW of power generation capacity and 11.1GW of pump storage capacity by 2047 to establish its downstream ri... Read More


ReNew Global promoters offer higher price to delist co from Nasdaq

New Delhi, Oct. 15 -- ReNew Global Energy Plc on Tuesday said its promoters have made a final non-binding offer to buy back shares and delist the Nasdaq-listed company. The promoters' consortium has ... Read More


India Energy Transition Fund marks first close, EIB arm commits $60 mn

New Delhi, Oct. 14 -- The India Energy Transition Fund, managed by EAAA Alternatives, has achieved its first close at $163 million with a commitment of $60 million from the European Investment Bank's ... Read More


How ONGC plans to achieve Rs.9,300 cr worth of cost savings by FY27

New Delhi, Oct. 14 -- State-run Oil and Natural Gas Corp. aims to save a total of Rs.9,300 crore by the financial year 2027 through a number of cost-optimization measures planned by the company. The ... Read More


From tariffs to cross-subsidy, govt makes big power sector reform push

New Delhi, Oct. 11 -- The power ministry has proposed a slew of reforms in the sector through a draft of amendments to the Electricity Bill, 2003. Among key proposals is giving more teeth to state ele... Read More